Message from the Broker-In-Charge regarding Charlotte Real Estate Market

As Fall is upon us I think we are starting to see some leaves of change in the real estate market as well. Fueled by the record low interest rates and affordability of homes, purchase contracts are up. After a stagnant 3rd qtr. we at C.A. Carter Group are seeing a multitude of purchase contracts and property management deals set to close in the 4th Qtr. I am seeing a frenzy of foreclosure and short sale activity this month. Approximately 60% of all the homes we put “under contract” this month were short sale or foreclosure properties. In the market? E-mail us!

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