Archive for March, 2009

Charlotte Market Statistics for February, 2009

Tuesday, March 17th, 2009

Every month, I analyze the sale of homes for the preceding month in ten Charlotte local market areas for publication on Realty Times website and Realtor.com.  I have been doing these market analyses since March of 2006.  (more…)

What Buyers, Sellers and Agents Think a Home is Worth

Wednesday, March 11th, 2009

I picked up a news bulletin about a recent study from HomeGain.com that asked sellers and buyers what they thought of each other’s idea of the value of a home, and what they thought about agent’s valuation, as reflected in the list price.  I would love to link you to the study, but HomeGain does not seem to have it posted on their blog or web site.

Here are the basic findings of the study as reported in the news item: (more…)

Which Housing Markets Are Stabilizing?

Monday, March 9th, 2009

Last month, Forbes released a study that attempted to measure how major housing markets in the country may or may not be beginning to stabilize.  The study was based on monthly and year-over-year price declines and month of equity lost by homeowners.  Of the ten best markets (most likley to be stabilizing), Charlotte ranked number three behind (surprisingly) New York City and Washington, DC.  Among other southern cities, Atlanta was third from the worst, just above Tampa and Miami.

Charlotte’s Positive Economic Indicators

Monday, March 9th, 2009

In a recent blog post by the Charlotte Chamber of Commerce, Tony Crumbly reviews several reasons that Charlotte has a lot going for it economically in spite of the national and local troubles.  Check it out and let me know what you think!

Charlotte Remains a Top Destination for Relocation

Monday, March 9th, 2009

Relocation.com reported recently on the top ten cities of over one million people that people moved to in 2008.  Charlotte was number three behind Las Vegas and Denver, and ahead of Phoenix, Portland, Seattle, Orlando, Washington DC, Atlanta and Tampa/St. Petersburg.

North Carolina gained the most new residents amongst the states, with 180 people moving in for every 100 moving out.  Michigan and Ohio lost the most residents.