I get annoyed with some of these talking heads about real estate that aren’t in it everyday making mistakes about market trends. One of my biggest pet peeves is when they say the market is going down and they don’t explain what they mean by that. Are house prices going down? Our inventory levels going down which causes house prices to go? are pending sales going down which is a leading indicator of clothes sales going down? They just don’t explain details they are quoting often. Here’s some explanation what’s actually happening in the Charlotte region.

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