Julie Tuggle's (jtuggle) Blog

Is Home Ownership An Impossible Dream?In previous posts, we’ve noted the immediate impact COVID has had on the Charlotte real estate market. Now the market is reeling again from the pandemic’s aftershocks. COVID has had a chaotic effect on the timber industry, and this in turn has translated into...

How buyers can win in a seller’s marketThe last several months have thrown some challenging obstacles at homebuyers. As we’ve been discussing on this blog, folks in the Charlotte real estate market have to contend with historic lows in inventory, as well as rising prices. Sellers continue to reap...

Record Highs, Record LowsIt’s hard to talk about Charlotte real estate these days without paraphrasing Charles Dickens, because these are certainly the worst of times and the best of times.Typically, Fall brings a cooling down of both the weather and the housing market. However, it’s mid-October,...

Bidding WarsCall it a perfect storm. But instead of cold fronts clashing with warm fronts, the real estate market is being rocked by anxious buyers and confident sellers. Both have their strengths. Buyers, armed with low interest rates, excellent long-term economic prospects, and high demand are ...

Finding the New Normal The phased reopening of the national economy has been a busy time for Charlotte NC buyer’s agents. In last month’s report, we noted the pent-up demand from buyers eager to relocate. Showing activity in June grew substantially from quarantine levels, but thanks to historical...

Real Estate in the Age of COVIDIn addition to impairing the overall economy, COVID has added a number of obstacles that buyers and sellers of Charlotte real estate continue to contend with. Though we won’t be returning to the old ways of doing things, the rules have been significantly relaxed, an...

Home buying in the age of COVIDPeople are still searching for homes, but in drastically reduced numbers, and in dramatically different circumstances. While inventory has long been a stumbling block, demand for Charlotte homes has continued to be strong because of high consumer demand and a robust...

Consumer demand high as a kiteMarch is here, and consumer demand for Charlotte real estate continues to soar. Despite the low inventory of homes for sale, all regions of the country are seeing double-digit increases in the number of homes shown, a vital indicator of future home sales. Despite con...

Multiple proposals for Charlotte homesValentine’s Day is almost here, and Charlotte homes  are being showered with attention from multiple prospects. It’s a sellers’ market, and the long-term forecasts tell us it’s going to stay that way for a while.Will you be my Valentine?But there’s also good ...

Demand for Charlotte homes should keep the market strong in 2020With the new year upon us, we can expect demand for Charlotte homes to continue going strong. That said, inventory will remain the greatest challenge to home buyers. Builders struggle to meet demand, and while new construction has be...