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The Local Leaf Blog

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U.S. Existing-Home Sales Drop as Median Prices Surge to Record Levels

By Helen Adams Realty - October 21, 2024
Canopy Realtor® Association Market Updates Reprinted from September 2024 CRRA Monthly Indicators U.S. existing-home sales slid 2.5% month-over-month and 4.2% year-over-year in September to a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS® (NAR). Meanwhile, home prices have continued to reach record heights nationwide, with NAR reporting a
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Proud Past, Focused Future

By Helen Adams Realty - September 13, 2024
Helen Adams, a sixth-generation Charlottean, had real estate in her blood. With a great-grandfather who led Charlotte’s Mutual Building and Loan Association and a father who owned multiple drugstores and managed extensive land holdings, her transition into a real estate career in 1973 seemed predestined. And in 1975, when she founded Helen Adams Realty with four female colleagues, she solidified a
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Cultivating the Client Experience

By Helen Adams Realty - March 12, 2024
Tom Baker (IntroLend), Christa McMillan (Main Street Insurance), Jordan Ivey (IntroLend) In the dynamic world of real estate, integrated services have become a game-changer for clients seeking a seamless and comprehensive experience. One notable trend in this evolution is establishing mortgage and property/casualty insurance arms within real estate firms. IntroLend Carolinas and Main Street Insur
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The Relocation Experience

By Helen Adams Realty - February 16, 2024
The Relocation Department at Helen Adams Realty has served the greater Charlotte area for more than forty years. Our department specializes in delivering extensive relocation assistance for corporate, group, and individual relocations, supporting our agents and their clients locally, nationally, and internationally. Playing Matchmaker “Two of the most important things our Relocation Department d
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Helen Adams Realty Unveils Three Distinct Developments

By Helen Adams Realty - January 17, 2024
Since 1975, Helen Adams Realty has successfully represented some of the finest new construction communities in the Charlotte area. HAR agents Izzy Burbank, Anna Fenno, and the Dayton Butler Team are currently representing three exceptional new home communities — each offering its unique blend of style, comfort, and convenience. From the charming Coulwood community in Northwest Charlotte to the hea
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New Fort Mill Location Grand Opening

By Helen Adams Realty - September 20, 2023
Helen Adams Realty celebrated the grand opening of their new standalone office in Fort Mill, S.C. on Tuesday, September 19. The grand opening comes nearly five years after the firm opened and began leasing its former Fort Mill location in December 2018. “When we opened the Fort Mill office in 2018, the area had already seen tremendous growth. The years since have been no different and we are exc
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What Sets Helen Adams Realty Apart

By Helen Adams Realty - April 28, 2023
In the ever-growing Charlotte Metro Area, buyers, sellers, and agents have their share of choices when selecting a real estate firm. Selecting the right firm is an important decision because of how widely firms vary from one another, from the services provided and the areas served, to their ties to the local community. At Helen Adams Realty we believe in delivering the highest level of personal
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2022 Year in Review & 2023 Forecast

By Helen Adams Realty - January 25, 2023
2022 was another year to remember for real estate in the Charlotte area. The year started much like the previous ended, with tight inventory that positioned sellers for success, low-interest rates that attracted profound buyer demand, multiple offers, and homes that spent very few days on market before going under contract. As interest rate increases became the focus toward the end of 2022, Charlo
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The U.S. Housing Market is Shifting

By Helen Adams Realty - November 14, 2022
The U.S. Housing Market is Shifting Reprinted from October 2022 CRRA Monthly Indicators Existing home sales declined nationwide for the eighth consecutive month, falling 1.5% as of last measure, according to the National Association of REALTORS® (NAR), with sales down nearly 24% from the same period last year. Pending home sales also declined, dropping 10.9% month-to-month, exceeding economists’
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Supply of Homes for Sale Increased Relative to Demand

By Helen Adams Realty - October 07, 2022
Supply of Homes for Sale Increased Relative to Demand Reprinted from September 2022 CRRA Monthly Indicators The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation showing little sign of abating, the Federal Reserve implemented another 75-basis-point hike in Septem
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Home Sales Continue to Soften this Month

By Helen Adams Realty - September 15, 2022
Home Sales Continue to Soften Reprinted from August 2022 CRRA Monthly Indicators Summer 2022 has been a season of change for the U.S. real estate market. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and 20.9% year-over-year as of last measure, according to the National Association of REALTORS® (NAR). Pending home
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The Housing Market Continues to Cool

By Helen Adams Realty - August 12, 2022
Canopy Realtor® Association Market Updates Reprinted from July 2022 CRRA Monthly Indicators. The U.S. housing market has continued to cool, as rising mortgage rates and record high sales prices have stifled affordability, weakening demand and pricing out a multitude of buyers. Nationally, median household income has failed to keep pace with increasing mortgage payments, with the costs of buying
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