Charlotte NC Real Estate Market Questions
After May’s sizzling 33% Sales increase (over May, 2009) in the Carolina MLS, I’ve a few questions. 
Will these amazing home sales numbers get larger in June- the tax credit deadline for closings? I think they will.
What percentage of the single family and condo sales are distressed property- short sale, foreclosures sales, auction or bank owned?
I’ve a record setting June, more than half of my volume falls into this category- I sold two short sale listings at the Palisades, and one bank-owned foreclosure in Longview.
Last, how have home prices held up in different price points? and different areas? And what about home for sale inventory?
It’s on to the MSL to find the answers to these and other Charlotte real estate questions, meanwhile here is my favorite distressed- or not so distressed property. Most of our bank owned at higher price levels are in good condition. This one is in excellent condition, the personal home of one of the areas well regarded designers, on 2.4 acres in close in convenient Waxhaw…
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