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The Local Leaf Blog

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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.” With rates still at
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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-in-Charg
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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 the role of real estate
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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 to 4,301.
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The Best Home Improvement Projects That Pay Off

By Helen Adams Realty - February 08, 2021
Whether or not you are planning to sell your property in the near future, or you just want to enjoy a few simple upgrades, you’ll likely want to invest in projects that have a high return on investment. It is important to note that not all home improvement projects are created equal. We are here to help guide you through the home improvement process and recommend the projects that have the best re
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How Homeowners Can Best Prepare For Spring Market

By Helen Adams Realty - February 02, 2021
Whether you’re buying or selling, the spring real estate market can be a hectic and fast-paced season. With historically low interest rates, more buyers entering the market, and a tight strain on home inventory, signs point towards a hot seller’s market throughout 2021. Even with the odds in their favor, there are many things sellers can do to prepare for their home to sell and make the process mu
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Charlotte Real Estate Market Positioned for Another Strong Year Ahead in 2021

By Helen Adams Realty - January 14, 2021
This year was undeniably one to remember. Despite the health pandemic, record-high unemployment rates, and continued economic uncertainty, the real estate market remained strong. It was a powerful year for most housing markets across the country, and experts predict those markets that remained hot throughout 2020 are poised to carry the same momentum into the new year. At no surprise to the team a
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Strong Buyer Demand Continues Across Housing Markets Into the New Year

By Helen Adams Realty - January 08, 2021
December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market. New Listings were up in the Charlotte region by 18.2 percent to 3,383. Pending Sales increased 33.9 percent to 3,808. Inv
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Mortgage Rates Continue to Encourage Buyers and Strengthen Home Sales

By Helen Adams Realty - December 15, 2020
November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for the month. New Listings were up in the Charlotte region by 7.9 percent to 4,036. Pending Sales increased 26.4 percent to 4,509. In
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Winter Home Maintenance Checklist

By Helen Adams Realty - December 14, 2020
Shorter days and colder temperatures have made their way to the Queen City, which means that winter has arrived. With the change of each season comes a reminder of a new set of home maintenance tasks to check off the to-do list. Homeowners should prepare their homes and yards for the freeze of winter and hopefully this list will serve as a guide through those projects and beyond. Winter Outdo
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Buyer Activity and Housing Market Stays Hot While the Temperatures Fall

By Helen Adams Realty - November 18, 2020
October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue to fall. New Listings were up in the Charlotte region by 6.6 pe
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The Housing Market Remains Hot While The Weather Cools

By Helen Adams Realty - October 06, 2020
Reprinted from September 2020 CRRA Monthly Indicators Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common occurrence and will keep the housing market hot
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