Charlotte home prices slipped a little lower in April due to the over-supply and backlog of foreclosed homes for sale in Charlotte, NC. Radar Logic reported a decrease of 5.1% from the same time last year because last years data included tax credits and other govt. programs. The large demand of foreclosed homes selling for often 40% less than market value is the driving force behind Charlotte's buyer controlled real estate market.

If you're looking to sell your home and all the news of slipping prices is making you feel like there's no hope, contact me today at sarah@sarahmartinhomes.com. There are plenty of things that can be done to stage your home and make it an amazing value that no buyer would want to walk away from. Charlotte home prices will increase as time passes and as the foreclosure inventory sells through. Until then, the best advantage a seller can have is a thorough understand of the ever changing real estate market.