Thank you to the Charlotte Regional Realtor® Association for providing the weekly market activity report.
The rental market is hot right now. That means rents are increasing and great places are going very quickly. As the report states, rising rents tend to move some into home ownership positioning.
Inventory remains low, even though we had an increase in new listings this week. Prices will continue to rise and we are seeing some listings that have been on the market for a while and are now increasing their price because the selection is so low. Good strategy, but make sure you have a Realtor on your side to ensure you are getting the best price.
Get us on your side today. We are happy to help and you don’t know what you don’t know. That is why you hire a professional.
Have a great day and as always, thank you for reading our blog!
Charlotte Weekly Real Estate Market Activity Report 102514