Friday, January 23, 2009

Buyer interest is increasing!

Wow! I got my weekly report from Realtor.com today and the number of hits on my Charlotte listings has doubled since mid December. That is a great sign that the buyers are starting to come out and look at the great deals to be had. We've seen a slight increase in actual showings on houses, but the internet searches are telling me that we may see much more activity in the coming months. Online showings went from 1000 total last week to 1500 this week, December showings ranged around 700/week.

The rates creeped up a bit this week but we expect them to get back down in the 4s soon. Inventory is increasing as expected, many sellers waited until January to put their homes on the market. Prices are still at 2005-2006 levels, if I had some extra money I'd be investing like crazy right now.

If you know of anyone wanting to invest in this great Charlotte market, please pass Beth Smith Shuey's name along!

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