“Life isn’t about waiting for the storms to pass, it’s about learning to dance in the rain.”

It’s seems to have been raining a lot on the real estate market for the past couple of years.  Sellers have been holding on to beliefs of inflated values of their homes and buyers have been waiting on the bottom. This is part of the reason the real estate market has been so lackluster.  Buyers need to understand that the only way we will know we have hit bottom, is when it’s in our rear view mirror.

The sales volume for Charlotte’s Top Ten golf course communities in 2010 was up an astounding 33% vs. 2009 in closed dollar volume!!!  Does that mean the bottom is in our rear view mirror?  Only time will tell.

This is great news for our local real estate market! This means that sellers are coming to terms with the real market value of their homes, which in some cases is still pretty strong, and that buyers are taking advantage of tremendous financing opportunities along with some aggressive home prices.

If you would like a detailed market analysis on any property in the metro-Charlotte area, just let me know, that’s what I’m here for.

Cheers! Let’s make it a great 2011…

Ben Bowen