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The Local Leaf Blog

  • The Local Leaf Blog Home
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Home Sales Continue to Soften

By Helen Adams Realty - July 12, 2022
Canopy Realtor® Association Market Updates Reprinted from June 2022 CRRA Monthly Indicators. Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May, the Federal Reserve raised interest rates by three-quarters of a percentage point in June, the
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The Housing Market Might Be Cooling

By Helen Adams Realty - June 09, 2022
Canopy Realtor® Association Market Updates Reprinted from May 2022 CRRA Monthly Indicators. ​After two years of record-setting activity, there are signs the housing market might be cooling. High home prices and a surge in mortgage interest rates are slowing buyer activity, with home sales declining for the third consecutive month under the weight of soaring homeownership costs. The National Asso
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Helen Adams Realty Welcomes Julie Sullivan Valbuena As Broker-In-Charge

By Helen Adams Realty - June 07, 2022
Helen Adams Realty is excited to announce the transition of Julie Sullivan Valbuena to Broker-in-Charge of the Ballantyne office. Originally from Boston, Valbuena has called Charlotte home for over 15 years and raised three children here. Her extensive network, fresh perspective, and teamwork mentality will help the Ballantyne office soar to new heights. Valbuena joined Helen Adams Realty
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Mortgage Rates Are On The Rise

By Helen Adams Realty - May 13, 2022
Canopy Realtor® Association Market Updates Reprinted from April 2022 CRRA Monthly Indicators. The average 30-year fixed rate mortgage exceeded 5% in April, the highest level since 2011, according to Freddie Mac. The recent surge in mortgage rates has reduced the pool of eligible buyers and has caused mortgage applications to decline, with a significant impact on refinance applications, which are
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The Seller's Market Continues as Inventory Remains Low

By Helen Adams Realty - April 11, 2022
Canopy Realtor® Association Market Updates Reprinted from March 2022 CRRA Monthly Indicators Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of the last measure, according to the National Association of REALTORS®. Builders are working ha
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Market Remains Hot Ahead of the Spring Selling Season

By Helen Adams Realty - March 10, 2022
Canopy Realtor® Association Market Updates Reprinted from February 2022 CRRA Monthly Indicators The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of the last measure, according to the National Association of REALTORS®. Experts attribute the growth in sales to an uptick in mortgage interest rates, as buyers rushed to lock down their ho
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New Offering: HAR HOMEsolutions

By Helen Adams Realty - February 23, 2022
Helen Adams Realty is excited to introduce our HOMEsolutions platform. This all-in-one platform means that in addition to the traditional options to buy and sell homes, our agents now offer various needs-based solutions. With HOMEsolutions, we provide the options and the client can choose the best path. "People have a lot of options today to buy and sell their homes. As with many things, more op
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2022 Real Estate Market Picking Up Where 2021 Left Off

By Helen Adams Realty - February 14, 2022
Canopy Realtor® Association Market Updates Reprinted from January 2022 CRRA Monthly Indicators The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006. The National Association of REALTORS® reported sales were up 8.5% compared to the previous year as homebuyers rushed to take advantage of historically low mortgage rates. Home sa
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2021 Year In Review & 2022 Forecast

By Helen Adams Realty - January 24, 2022
Between the strengthened seller's market and fervent buyer demand, driven by changes in housing needs due to the pandemic, 2021 was a year to remember. It was a powerful year for most housing markets across the country, and experts predict those markets that remained hot throughout 2021 are poised to carry the same momentum into the new year. At no surprise to the team at Helen Adams Realty, among
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Experts Anticipate Many Housing Market Trends Will Continue in 2022

By Helen Adams Realty - January 11, 2022
Canopy Realtor® Association Market Updates Reprinted from December 2021 CRRA Monthly Indicators The 2021 housing market was one for the history books. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15 years, with an estimated 6 million homes sold in 2021 according to the National Association of REALTORS®. Sales prices reached n
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The Real Estate Market Remains Strong Heading Into The Holiday Season

By Helen Adams Realty - December 13, 2021
Canopy Realtor® Association Market Updates Reprinted from November 2021 CRRA Monthly Indicators The economy is improving, unemployment is falling, and the U.S. real estate market remains strong as we head into the holiday season, a period when activity typically slows as people take time to travel, celebrate, and spend time with loved ones. Although the market is not as frenetic as it was earlie
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Rent Prices Are Increasing Rapidly As The Housing Market Remains Robust

By Helen Adams Realty - November 16, 2021
Canopy Realtor® Association Market Updates Reprinted from October 2021 CRRA Monthly Indicators The U.S. housing market remains robust, with strong activity reported across both rental and residential housing fronts. Single-family rent prices are increasing rapidly, as demand for single-family housing and inventory constraints forces some buyers to rent, increasing competition and pushing rents u
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