The overall Charlotte market is in the sellers market range with 3.7 months supply of homes listed for sale. Remember, listings or homes coming into the inventory are also less. You would think that this would be a great time for the banks to release their shadow inventory. More supply would further balance the market. For the Area 13 sub-market, these homes are around Lake Norman and typically priced high.
Check your local market and please post your findings. It might be valuable information for you or for someone you know that wants to buy of sell.
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