September 15, 2014

Homes Selling Faster Than Last Year

Homes Selling Faster Than Last Year

Real Estate Charlotte

As reported by Graziella Steele in the August 12, edition of The Mecklenburg Times, Charlotte homes are selling faster than last year. The National Association of Realtors website released the June data saying that houses were selling 4 days faster than the previous year. The website Realtor.com which is managed by the association also said that Charlotte is located in the top 10 housing markets positioned for growth in the third quarter, making this fall prime time to list your home. Steele presents many eye opening facts about the growing housing market quoting Redfin, that Charlotte is the 7th largest growing metro area in the country last year. With the expected growth of the housing market and the growth of Charlotte as a whole last year Redfin’s chief economist Nela Richardson wrote, “People aren’t just moving to where the jobs are; it now matters how much homes cost when they get there.” With the median home value being reported at $168, 839 in 2012, many people are looking to Charlotte for the jobs and home affordability. Two of the most notable neighborhoods being discussed in the Charlotte area are the South Charlotte neighborhood of Sedgefield and the new Shea Homes adult community of Carolina Ridge. Sedgefield which boasts the title of the 7th hottest community in the nation, is filled with beautiful lots with plenty of mature trees. The Shea community will be coming in late 2015 but is already one of the most talked about communities around Charlotte because of the prime real estate close to Lake Norman.

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