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What is playing out in the Carolinas is that October 2010 was the bottom based on closed unit sales. The Allen Tate Companies closed over 14,400 properties in 2011 which is 400 more than 2010 and more than 2009 and 2008.
That supports the theory that we’ve hit the bottom and it’s onward and upward from [...]
Earlier this month, there was more news that, for the fourth straight month, existing home sales were up nationally from the previous year’s levels. What is the reason? A lot of this uptick is due to the tax credit of the Spring of 2010 where sales were borrowed from the second half of 2010. This [...]
Like many of you, I relocated to the Carolinas. I moved here 20 years ago and now, this is the place I call home. For many years, it was my “new” home, but as time passed the word “new” faded into the background. This year, I will travel up to Pennsylvania, the place where I [...]
Listing inventories are down year over year in the Carolinas. I credit this to two situations. The first is when the seller has made the conscious decision to pull their property off the market and wait. The second is that current Fair Market Value does not allow them enough equity to make their next move.
I [...]
It starts with passion for the game and then for the gathering of friends and clients. It turns out that, win or lose, the tailgate is often the main event!
For me it started as a young man and my two or three pilgrimages a year to South Bend to see tailgating up close and personal. [...]
I recently celebrated a birthday. Because it was a BIG birthday, my friends stretched it out for an entire week! While it was dubbed my “birthday week,” the culmination for me was not all about me. On Friday, sitting in a room in Winston Salem, surrounded by friends, it was to recognize and celebrate the [...]
About 15 years ago, I was up to my nose in public school reform with the Charlotte Chamber of Commerce and the local public education foundation. Until that time, I felt that we paid a good bit of taxes at the state and county level to support a quality education for all students. I maybe [...]
Earlier this month, we turned another page on what has been a long methodical recovery. Sales for the first time notched ahead of 2010 year-to-date. That is a milestone, especially since 2010 had the tax credit provision in the first half of the year. Looking back, what we have learned is that the tax credit [...]
Attention all first-time homebuyers!
At the Allen Tate Companies we take pride in helping people achieve the goal of homeownership. As homeowners ourselves, we understand real estate on a personal level. One day, several of us in the office were sharing our experiences about buying our first home. When the conversation turned to “I wish someone [...]
For over 54 years, the Carolinas has been our playground. For that reason, it is only logical that we once again partner with our Carolina Panthers. We are both your “home team.”
Each year, we approach the new season with eternal optimism — that same optimism that we see for the future of the housing marketplace [...]
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