Matt Morano

Home prices over the last 5 years- a big story!

Nationally, the cumulative appreciation over the five-year period was 37.4%, with a high of 66% in Nevada, and a modest increase of 5% in Connecticut. Where were prices expected to go? Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists and asks them to project how residential […]

February 2018 Report

February 2018 vs. February 2017 Data represents traditional sales of single-family new construction homes in the Lake Norman area.  The number of closed sales was up 80%.  The months supply of houses fell to about 6%- which considered fairly healthy.  If the trend continues to lower in March then the low inventory favors the sellers- […]

4 Reasons to Sell This Spring

No need to wait! Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and […]

What is the definition of an agent?

I’m ready to help you!  At Lake Realty, there is never a fee to the buyer.

The mortgage process.

What you need to know. Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.  

Mortgage rates on the rise so far this year.

But that’s not necessarily bad news. Mortgage rates are on the rise so far this year. But that’s not a bad sign! In a good economy, rising mortgage rates increase demand as many prospective purchasers immediately jump off the fence to guarantee they get the lower rate. As seen in the graphic, home prices APPRECIATED […]

Certified New Home Co-Broker

To serve you better. The challenge in today’s market is to be able to serve a new home shopper and a resale shopper with the same high level of service. That’s why I earned my New Home Co-Broker Designation. According to the National Association of Realtors, Realtors sell 63% of new homes. And—according to a […]