Metrostudy, a provider of data to the real estate industry reported that the Charlotte market has seen its third consecutive quarterly increase in single-family home closings. According to Metrostudy "single-family closings in the fourth quarter totaled 1,939 units, 100 more than in the third quarter."
There is about a 4.4 month supply of unsold homes which is about the same as the third quarter.
Although 2010 will remain a challenge and is no where near the boom of the early 2000's, this is good news that Charlotte is beginning to see a positive change in the housing market.
If you are in the market to sell or buy in the Charlotte or Union County areas, please give me a call. I will be happy to assist you.