charlotte and lake norman economic update: Lake Norman 4th Quarter Home Sales Trends - 12/26/09 08:42 AM
I just got these charts from the company that provides the property search program for my Website.  LKN Realty LLC  While these pertain to the entire Charlotte Regional Mulitple Listing Service (including Lake Norman) I think they are very relevent to our Lake Norman real estate market:
Our total number of listings are dropping. The number of Lake Norman properties that are conditional and pending is dropping The average price of our Lake Norman closed sales is still dropping.  This is due to the high percentage of foreclosures and short sales.  

 
I am looking forward to seeing our final December … (1 comments)

charlotte and lake norman economic update: Lake Norman Real Estate: In the News - 04/19/08 09:32 AM
Several news articles this week related to the greater Charlotte area economy (which would include the surrounding communities in Lake Norman) plus my own experiences while showing and listing property in the past few weeks prompted me to dig a little deeper and see if there are any tangible changes in our Lake Norman real estate market.
First, the news:
Forbes Magazines Top 10 Best Cities for Homes Sellers listed Charlotte NC #9 with the comments:  ˜While prices here continue to climb on both square foot and median price level, there was a slight increase in unsold inventory last year.  Still, strong job growth and in … (4 comments)