real estate market

2020 Lake Norman Home Prices

Home Prices Are About To Reach New Heights

Speaking of resilience and markets doing just fine, CoreLogic just released its forecast for the year ahead, showing that it expects home prices to reach new peak values in 2020. According to the CoreLogic Home Price Index Forecast, its U.S. home price index will rise 5.2% by December 2020.  At the end of 2019, on a month-over-month basis, prices increased by 0.3% in December. But home prices...

Bidding Wars Abound… Now Is A Great Time To Sell!

Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase. In many areas of the country, the supply of homes for sale in the starter and trade-up home markets is so low that bidding wars have ensued, and the busy spring-buying season is just around the corner. CoreLogic recently conducted an...

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