Julie Tuggle's (jtuggle) Blog

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Real Estate Broker/Owner - Carolina Buyers Agent - C 10204
RECENT BLOG POSTS
Fed Rate Increases Cool Down the Housing MarketRising prices and shrinking inventory have mauled the real estate market like a whipsaw for several years. Finally spurred to action by rising inflation, the Federal Reserve took decisive action in June, raising interest rates by three-quarters of a ...
07/20/2022
Is Help On The Way For Home Buyers and Renters?After years of shrinking inventory and skyrocketing prices, the Charlotte real estate market may soon see more positive developments. The Biden administration has proposed measures addressing housing availability and affordability. The proposed plan ...
06/17/2022
A Shrinking Pool Of BuyersPotential homebuyers can’t help but notice that the number of their competitors for Charlotte homes  is shrinking. This is evident in a number of trends, including fewer Google searches for homes for sale, a decreasing number of requests for home tours, a drop in the num...
05/26/2022
The Fed Has SpokenAnd Charlotte home buyers and their agents are listening. The latest Freddie Mac survey reveals the average interest rate on a 30-year mortgage now stands at 3.22%, the highest since May of 2020. With the uptick in inflation, the Fed’s action came as no surprise.What might surpr...
03/22/2022
The Times They Are – What?Many analysts and commentators throughout the real estate industry have half-joked that we’re stuck in Groundhog Day. Like Bill Murray’s Scrooge-like character, buyers and their agents wake up every morning to the same news: Inventory down, prices up. It’s the same for t...
01/20/2022
Times Are Tough for Renters, TooThe Charlotte real estate market remains robust — and challenging. As inventory continues to decline and prices spiral up, the impact on the rental market has been significant. Nationwide, rents have grown more than 10% since early 2020.Charlotte, which has seen st...
11/10/2021
 The Challenge of Construction Labor ShortagesConstruction firms have long struggled to maintain an adequate work force, but COVID and underlying demographic trends have combined to intensify the problem. The workforce continues to age, so there’s a diminishing percentage of people willing and ab...
09/16/2021
Three Proven Tips for Buying a Home Sight UnseenYes, these are trying time for home buyers, and not just for those looking for a Charlotte home. Throughout the country, hopeful buyers face shrinking inventories, rising prices, and sellers unwilling to negotiate terms or prices.But it’s not comple...
07/14/2021
Dealing With A Disrupted Construction Supply ChainOne of the most challenging lessons of the COVID pandemic is its lingering effect on the real estate market. Prior to the pandemic, home buyers already faced a lopsided seller’s market, characterized by rising prices and decreasing inventory. COVI...
06/25/2021
Charlotte makes Realtor.com’s Top Ten Markets The growing demand for Charlotte homes has secured the greater Charlotte area in the third spot in Realtor.com’s forecast for the top 10 housing markets in the country. The report notes that the most desirable markets tend to be tech hubs and state ca...
05/12/2021
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