Selling or Buying a Home in the Charlotte Region? Here are the June 2010 MLS Statistics

Selling or Buying a Home in the Charlotte Region? Here are the June 2010 MLS Statistics

Whether you are a For Sale By Owner, have an MLS Listing, or even if you are just thinking you might buy a home or sell a home in the Charlotte Region soon, it’s a good idea to know what the market is doing.  This is a summary of the latest statistics from the Realtor Association based in Charlotte, NC.

Inventory continues to be favorable to sellers compared to years past.  Though overall sales are lower, there are fewer homes out there now for sale relative to the number of buyers looking to buy.  The tax credit did a pretty good job of thinning the inventory overall.  The majority of the homes that went under contract in April have now sold. 

Unfortunately it seems that many of the buyers are staying on the sidelines as pending sales are lower now than they were at the same time last year.  This seems to be unjustified fear as interest rates are incredibly low relative to historic rates.  If one is looking to buy a home, home prices are very favorable and so are interest rates, so it’s a good time to be looking. 

Though inventory rose slightly in most price ranges this month compared with last month, overall inventory is still lower this year than it was last year.  New sellers are coming on the market and interest rates are very low, so buyers looking to lock in at a very low rate can still find good deals.

For a more comprehensive analysis, please check out the video below…

– Don

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Don is the Owner and Broker of Don Anthony Realty.  Over the last two years, Don sold more homes than 99.3% of the real estate agents in the Charlotte Region, while saving those clients thousands.  He has perfected a low cost yet full-service home-selling program that is revolutionizing the way people get their homes sold.  His hybrid approach and Flat Fee MLS Listing Service combines the best of a Discount Realtor and Full-Commission real estate agent with the freedom of a For Sale By Owner (FSBO).  For more information please visit our website, www.DonAnthonyRealty.com.  

Don Anthony Realty helps clients buy and sell real estate in the entire Charlotte, NC Metro Region.  Counties served include Mecklenburg, Union, Cabarrus, Iredell, Lincoln, Gaston, Rowan, Catawba, and Alexander Counties in NC as well as York, Chester, and Lancaster Counties in SC.  Some of the cities served include Charlotte, Huntersville, Mooresville, Matthews, Concord, Weddington, Wesley Chapel, Waxhaw, Monroe, Marshville, Pineville, Gastonia, Cramerton, Belmont, Statesville, Hickory, Claremont, Kannapolis, Salisbury, Union Grove, Lincolnton, Mount Holly, Fort Mill, Tega Cay, Rock Hill, York, Clover, Catawba, Indian Trail, Mint Hill, Davidson, Sherrills Ford, Cornelius, Troutman, Harrisburg, Midland, Mt Pleasant, Terrell, Crouse, Wingate, Maiden, Denver, Lancaster, Stanley, Dallas, Newton, Cherryville, China Grove, Indian Land, and Chester