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Weather Nice Enough to Move to The Carolinas

October 24th, 2012 Listed Under: Living Here

Sunny and Warm in Charlotte says the Weatherman…

Today, and the next 3 days the highs are expected to be 75 degrees.  It is what I used to tell my brother, today is a day nice enough to make you want to move to the Carolinas.

Charlotte has four seasons, the leaves are changing and the maples are especially beautiful this year. I am often asked, what is winter like in Charlotte? and from the north, my response, “We have about 4 weeks of winter, not altogether  and our winter days are highs only in the 40’s, and lows in the 20’s.  Very occasional snow, and our snow removal policy is simple, “Let it melt,”  because within a day or two we’ll have a day in the 60’s!

I’m working on a series of posts on how buying homes works in Charlotte. You can see the first of  these articles FAQS about Charlotte Real Estate.  It answers questions like How is real estate different in the Carolinas? How long to close? The very large role  Buyers Agents play.

I recently completed a series of neighborhood market studies from our MLS, and a Charlotte report, comparing this summer’s real estate to last year.  Here’s that list of communities-

Charlotte Home Prices

Marvin’s Busy Summer

Fort Mill Home Prices Rise

Ballantyne Market Report

Huntersille Home Report

Birkdale Homes Sold

The Peninsula    

What is clear is that the Charlotte area experienced solid gains this summer, with some areas (the most popular) coming back stronger. As you look through the communites, you’ll see that it is quite uneven. Today, inventories are at their lowest in 3 years, and there are many markets with less than a 3 month supply of homes- technically making it a Sellers market again.  That may be wishful thinking you say, but I had 2 homes that were listed, and went under contract in under 14 days in the last 2 months, in the popular Ballantyne area.   We received less than list price, but a bit more than expected too.

I expect this market to continue, and as long as neither party screws up this recovery, there is no reason not to think we’ll experience consistent growth as Charlotte rebounds from the worst recession since the great Depression.  There is a lot of energy in our market. tm

 

 

 

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Terry McDonald
I'm the owner/team leader of The McDonald Group at Wilkinson and Associates ERA Powered real estate brokers here in Charlotte NC. A transplanted Washinghtonian, my family and I came from the NYC area in 1993.
Terry McDonald
Terry McDonald

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The McDonald Group
Wilkinson and Associates ERA Powered
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-390-6221 Cell
704-393-0048 Office
Licensed in NC & SC
USAA Certified
ERA Luxury Home Certified