The residential housing market here in Charlotte has picked up considerably the past 3 to 4 weeks.  We are seeing a flurry of activity mostly due the the $8,000 1st time home buyer tax incentive.  Home showings are up, conrtacts are up, and we are even getting multiple offers. 

One change in the past 10 days though, agents and buyers are now checking very carefully with the listing agents to make sure the potential sellers are liquid.  They mostly want to make sure a close can take place by the June deadline.  Many are opting to bypass the "Short Sale" right now as response time from banks has been too unpredictable.  Banks should take heed!!!

There still are good values out there...low interest rates and the tax incentive though will keep our market tight in the $200,000 and under price point at least, for the next 50 days.  If you're looking to buy or sell, please call us today...we can help.