Charlotte Real Estate Showing Signs of a Spring Recovery

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by Kirk Hawkins
Bio | Email | Follow: @kirkhawkins

Carolina Multiple Listing Service says inventory is down 20 percent, and closed sales are up 10 percent compared to a year ago.

C.M.L.S. says the majority of the homes selling have been priced between 184-thousand and 299-thousand dollars.

Sales of those homes are up 26-percent compared to a year ago.

Realtors say many of those sellers received multiple offers.

Analysts say record-low mortgage rates, an improving job market and strong consumer confidence are other reasons for the spring sales recovery.

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