Julie Tuggle's (jtuggle) Blog

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Real Estate Broker/Owner - Carolina Buyers Agent - C 10204
RECENT BLOG POSTS
Why Charlotte Housing Inventory Remains Stubbornly LowWhy does Charlotte have one of the worst housing supply shortages in the country? The short answer is low supply and heavy demand. Lee Allen, the president of Charlotte’s Canopy Realtor Association notes that while demand for Charlotte real es...
09/22/2023
Charlotte Real Estate: Cooling, But Still HotEveryone knew the red-hot seller’s market in Charlotte we’ve been reporting on for years couldn’t go on forever. It was so lopsided, sellers were routinely offered up to 25% over asking price, and the standing joke was that offers would flood in as soo...
08/23/2023
Housing Forecast: Hot, With Cooling TrendThe mixed signals of the market for Charlotte homes are finally aligning toward a definite cooling period. And we’re not alone. Low inventory and higher borrowing costs are putting the brakes on home sales nationwide. The National Association of Realtors r...
07/29/2023
High Home Prices Are The New NormalThe Charlotte real estate market has settled down compared to the maddening pace we’ve experienced the last few years. Gone are the days when sellers can expect offers tens of thousands of dollars over asking price. And the feeding frenzies for new listings, oft...
06/19/2023
Unwrapping the Mystery of Those New Mortgage FeesAs if the real estate market weren’t confusing enough, the Federal Housing Finance Agency has implemented new rate schedules. Though the change was announced this January, it took a few months before the industry realized the bottom line: rates wer...
05/29/2023
How Buyers Can Succeed In A Changing MarketThe market for Charlotte homes is shifting rapidly, creating both pitfalls and opportunities for home buyers in the months ahead. Analysts disagree on where the market is headed, but it’s clear seismic changes are underway. In February, for the first tim...
04/24/2023
Home Prices Trend Down – At LastAfter years of relentless increases, the median price of homes inched downward in February, thanks to the combined efforts of the Federal Reserve and cautious home buyers. This is the first drop in year-to-year home prices since February, 2012, when the market fina...
03/28/2023
The Real Estate Times Are A-ChangingThough the Charlotte real estate market is still tilting toward sellers, we’re seeing unmistakable signs of a return to balance. It’s true that home prices continue to rise, but that’s a testament to the strength of the overall economy, continued demand for hou...
02/28/2023
Sellers Paying Buyers To Buy Their Homes? That headline would’ve seemed impossible a year ago, but it’s true: the real estate market is finally tilting back toward buyers, and with a vengeance. With concerns about the economy mounting, plus the prospect of escalating rates for home mortgages, it ...
01/13/2023
Prices Rise, Sales PlummetEveryone knew the persistent seller’s market and the skyrocketing price of homes couldn’t continue forever, but the reversal of long-lasting trends in the real estate market is startling. We’re reminded of a line from The Sun Always Rises by Ernest Hemingway. Responding ...
12/17/2022
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