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Home Prices Continue to Increase as Inventory Decreases

By Helen Adams Realty - October 12, 2021
Canopy Realtor® Association Market Updates Reprinted from September 2021 CRRA Monthly Indicators Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the med
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The Demand of Homes for Sale is Increasing, Relative to Supply

By Helen Adams Realty - September 14, 2021
Canopy Realtor® Association Market Updates Reprinted from August 2021 CRRA Monthly Indicators The booming U.S. housing market has spilled over to the rental market, which has seen demand for apartment and single-family rentals skyrocket this year, as high sales prices and an inadequate supply of available housing have forced many prospective buyers to rent for the foreseeable future. Incre
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Loan Modifications and Payment Reductions Among Measures to Help Homeowners

By Helen Adams Realty - August 12, 2021
    Canopy Realtor® Association Market Updates Reprinted from July 2021 CRRA Monthly Indicators The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend the length of
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Home Prices Continue to Increase as Existing Home Sales Decline Slightly

By Helen Adams Realty - July 12, 2021
Canopy Realtor® Association Market Updates Reprinted from June 2021 CRRA Monthly Indicators   School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace. Low interest rates and limited inventory are fueling record high sales prices. May saw the median existing-home sales price exceed $350,000, a
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The U.S. Housing Market Shows Little Sign of Cooling This Summer

By Helen Adams Realty - June 10, 2021
Canopy Realtor® Association Market Updates Reprinted from May 2021 CRRA Monthly Indicators As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide, inventory remains much lower than it was
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April Fueled Another Strong Month in a Busy Spring Market

By Helen Adams Realty - May 07, 2021
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having t
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Helen Adams Realty Partners with Queen City Audio Video & Appliances for The Helen Adams Realty Heart of the Home Giveaway

By Helen Adams Realty - April 21, 2021
Last year, while uncertain for us all, was a successful year for Helen Adams Realty thanks to our trusting clients and the Charlotte area’s steady growth. Being a locally owned company, we realize the importance of our community and the contributions that our neighbors have made to our company’s many years of success. In celebration of this and our 45th anniversary, we are excited to
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Seasonal Upticks and Continued Buyer Demand Fueled a Busy March

By Helen Adams Realty - April 07, 2021
Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates. Existing home seller and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buy
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Mortgage Rates Increase And Some Homeowners Qualify for Extended Assistance

By Helen Adams Realty - March 09, 2021
  Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary factors driving up rates, the underlying economic fundamentals point to rates remaining in the low 3 percent range for the year.&rdqu
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Helen Adams Realty Welcomes Julia Bumgarner as Broker-in-Charge and Announces Mike Thornburg as Talent Development Coach

By Helen Adams Realty - March 08, 2021
Helen Adams Realty has hired Julia Bumgarner as the new Broker-in-Charge at the Lake Norman office. Bumgarner joins the firm with over 15 years of experience in real estate in the Lake Norman market.   We are thrilled to welcome Julia Bumgarner as the newest Broker-in-Charge on our team. Licensed since 2005, she brings years of experience as a top producer, productivity coach and Broker
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MythBusters: The Truth About Buying and Selling Real Estate

By Helen Adams Realty - February 22, 2021
There are many common misconceptions about the home buying and selling process. Whether you’re actively in the transaction or you’re simply a consumer of media, you’ve likely heard about countless tips and tricks in real estate whether they are accurate or not. The agents at Helen Adams Realty have the boots on the ground knowledge of the current market and are here to play t
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The New Year Kicks Off With Healthy Buyer Demand and Active New Construction

By Helen Adams Realty - February 10, 2021
January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited supply of buildable lots will temper the number of new units.   New Listings were down in the Charlotte region by 7.8 percent
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