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The Local Leaf Blog

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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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Introducing: IntroLend Carolinas

By Helen Adams Realty - November 04, 2021
Helen Adams Realty is excited to formally announce the formation of IntroLend Carolinas. This Helen Adams Realty and agent-owned digital mortgage marketplace is designed to seamlessly integrate home mortgage financing into the home purchasing experience. IntroLend’s mission is to greatly simplify the application, pre-approval, and shopping phase of the housing finance process. The goal is to ensur
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Home Prices Continue to Increase as Inventory Decreases

By Helen Adams Realty - October 12, 2021
Canopy Realtor® Association Market Updates Reprinted from September 2021 CRRA Monthly Indicators Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales
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Loan Modifications and Payment Reductions Among Measures to Help Homeowners

By Helen Adams Realty - August 12, 2021
Canopy Realtor® Association Market Updates Reprinted from July 2021 CRRA Monthly Indicators The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend the length of their mortgages. For bor
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Home Prices Continue to Increase as Existing Home Sales Decline Slightly

By Helen Adams Realty - July 12, 2021
Canopy Realtor® Association Market Updates Reprinted from June 2021 CRRA Monthly Indicators School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace. Low interest rates and limited inventory are fueling record high sales prices. May saw the median existing-home sales price exceed $350,000, a 24% increase and the la
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The U.S. Housing Market Shows Little Sign of Cooling This Summer

By Helen Adams Realty - June 10, 2021
Canopy Realtor® Association Market Updates Reprinted from May 2021 CRRA Monthly Indicators As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide, inventory remains much lower than it was at thi
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Summer Home Projects With The Best ROI

By Helen Adams Realty - May 25, 2021
This summer you might consider knocking a few home projects off your to-do list. Whether big or small, you’ll want to make sure you’re investing in projects with a high rate of return. If you’re staying in your home or considering selling, it’s wise to be cautious of what your home is worth and how projects can affect your home’s value. We want our clients and neighbors around the Charlotte ar
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What To Do First When Moving Into a New Home

By Helen Adams Realty - May 10, 2021
You’ve won the bidding war, you’ve navigated the inspection and repairs, and you’ve successfully made your way past the closing table. Before you officially move in, there are a few things you’ll want to make sure you check off the list. Let this list be your guide next time you’re transitioning into a new living space. Transfer and Activate Services Before moving into the new home, you’ll
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April Fueled Another Strong Month in a Busy Spring Market

By Helen Adams Realty - May 07, 2021
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to su
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Seasonal Upticks and Continued Buyer Demand Fueled a Busy March

By Helen Adams Realty - April 07, 2021
Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates. Existing home seller and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buyer m
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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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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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