Home Prices Still Rising

As I watched CNN yesterday I heard the news presenter state that Charlotte is the only real estate market in the U.S. which is still rising. The Charlotte Observer agrees in this story. We have been spared big losses which many cities have experienced. Our local economy is still good and our unemployment numbers are good as well. The reality is it is a better time to buy than to sell but our housing market is stable.

The Charlotte region notched its third month Tuesday as the only one of 20 urban markets nationwide still showing rising home prices.

Area prices rose a little less than 1 percent for the 12 months through March, according to the widely followed S&P/Case-Shiller Home Price Index. That's less of an increase than in previous months but compares favorably with a 14 percent national decline on what is often a person's largest investment.

Fourth Ward Condo

Top floor, fabulous park and skyline views from living room, master bedroom and balcony -- one of the best locations in Park Plaza!

This, two bedroom - two bath, spacious Fourth Ward flat is in move-in condition and features a huge master suite, bright kitchen with Corian countertops, secured covered parking and secured entry.

MLS# 741054

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