Welcome to the Lake Norman 2022 Mid-Year Report.
As you probably noticed, our Nest Realty Lake Norman office has been “virtual” this year, but we are excited to move into a new space on the west side of Lake Norman in the booming Denver area. Renovations should begin by the end of 2022 to turn our pink farmhouse into a great meeting place and office. In the meantime our agents continue to provide amazing service in the towns that encompass the greater Charlotte metropolitan and Lake Norman areas. These towns and cities include Charlotte, Harrisburg, Concord, Kannapolis, Davidson, Mooresville, Denver/Sherrills Ford (West of the Lake), Huntersville, and Cornelius. For these areas, we have collected data on how the first half of 2022 compares to previous years.
To say the real estate market has been demanding is an understatement. Real estate continues to be an amazing asset to gain financial wealth and stability—and we continue to see people attracted to our amazing North Carolina location and investing in building their lives here. This has been great for homeowners wanting to sell their homes, but has created a very difficult situation for buyers wanting to purchase without paying above market price. Multiple offers are coming in on listings before showings are even allowed. Buyers are going under contract sight unseen and buyers are putting up very large sums of money for due diligence funds just to attempt to win the offer.
Please let us know if our Mid-Year Report raises any questions or interest, and as always, reach out to your favorite Broker at Nest Realty to discuss the market and what it can mean for you and your real estate goals. We pride ourselves on being your local experts, and look forward to sharing knowledge and resources with you to maximize profits and minimize stress. Let’s chat!
Please find the downloadable PDF version of our full Lake Norman area Mid-Year Report here: LKN_MidYearReport_2022