4 Reasons To Buy A Home This Spring

Welcome to the spring housing market

4 reasons to buy a home this spring. Spring has officially arrived and so has the Spring selling season. Welcome to the spring housing market. If you’ve been thinking about buying a home in the Charlotte region this spring, here are four good reasons to do so and not to wait.

Charlotte: A Best Big City To Live In

Charlotte, NC

Charlotte, North Carolina has been ranked #20 in WalletHub’s Best Large American Cities To Live In study. WalletHub compared 62 cities with populations of at least 300,000 using 56 key indicators of attractiveness. Get a sneak peek at the Charlotte lifestyle and a free Charlotte relocation package.

Southwest Charlotte/Steele Creek Housing Update: February 2019

Southwest Charlotte/Steele Creek housing update for February 2019. Charlotte, North Carolina’s Southwest/Steele Creek area (28273 and 28278 zip codes) remain fundamentally seller markets with home prices and closed sales increasing and inventory decreasing. The Steele Creek area (28273) saw some significant decreases in pending sales in February due to a 44.9% increase year-over-year in home sale prices.

Charlotte Region Housing Update & Video: February 2019

Charlotte Region Housing Report February 2019

February 2019 Charlotte region housing update. Charlotte region remained a seller’s market in February 2019 with inventory remaining tight, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were down slightly, but pending sales up 12.4%. Days on market were also down as compared with one year ago. The housing affordability index continues to decrease, as well. Months supply of homes is very low at 2.1 months, but even lower for homes priced under $200,000.

Waxhaw (28173 Zip Code) Housing Market Update & Video: February 2019

Waxhaw Area Housing Report February 2019

Waxhaw Housing Market Update for February 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory and no increases in new listings impacting sales negatively. The months supply of homes in February decreased by almost a full month since January 2019. While closed sales were down 20% overall, closed sales of resale homes were down only 2%. Days on market continue to decrease in 2019. New construction homes continue to carry a big premium over resale homes, selling at about $77,000 more per home on average.

Fort Mill & Tega Cay, SC Housing Market Update/Videos: February 2019

Fort Mill Sc Housing Report February 2019

Fort Mill and Tega Cay, South Carolina Housing Market Update: February 2019. Both the Fort Mill and Tega Cay, SC housing markets remained seller markets in February 2019 characterized by decreasing inventory and months supply of housing in both areas, as well as decreasing days on market. Fort Mill home prices increased in February, as did closed and pending sales. Home prices decreased slightly in Tega Cay in February year-over-year, but increased significantly over the prior month.

Indian Land Housing Update/Video: February 2019

Indian Land Housing Market Report February 2019

Indian Land, SC housing market (29707 zip code) update for February 2019. The Indian Land housing market remains a seller’s market with just 2.4 months supply of inventory. Although the average sale price of Indian Land homes dropped a bit in February 2019, it shouldn’t be assumed Indian Land homes are losing value. It had more to do with the price mix of homes sold. New construction homes sold at about $75,000 more on average than resale homes. Days on market were also lower in February 2019 compared with February 2018. The drop in closed and pending sales is to some degree a result of lack of inventory — new listings dropped 19.5% year-over-year overall and 32.2% for resale homes.

Matthews (28105 Zip Code) Housing Market Update & Video: February 2019

Matthews Housing Market February 2019

Matthews housing market update/video for February 2019. February home sales increased significantly in Matthews in February 2019 with double digit increases in both pending (+26.2%) and closed sales (+24.3%) compared with one year ago. A huge increase in new listings of 54.2% increasing inventory by 10.1% no doubt contributed to the increases in pending and closed sales. Despite the increase in new listings and inventory, the months supply of homes was still low in Matthews in February at 2.1 months, keeping the 28105 zip code a seller’s market.