Charlotte Home Builders Return to Constructing Spec Homes
Charlotte home builders are once again construction spec homes. With our area housing inventory at lows not
seen for many years and still falling, builders are erecting inventory homes for walk-in buyers. It is an important step to meet customer demand and area builders cannot seem to get them up fast enough or in sufficient numbers in many areas on town.
My recent experiences with Bonterra Builders, Essex Homes, Ryan Homes, M/I Homes, Grandfather Homes, James Custom Homes and others shows that they are willing to build homes without a contract... something they either would not or could not do even a year and a half ago.
What has changed? One important point is the availability of construction financing which has changed the game for small builders especially. The ratio of homes for sale to buyers in the market has also changed to a more balanced level in most areas, and heavily towards the seller/builder in the hottest areas of town. Continued low financing rates, more lender participants in the market, and rising prices have also played their parts in this story.
Call me if you are considering a new-construction home purchase and we can discuss neighborhoods, builders, features, floor plans, pricing and other related topics. I am here to help!

The 2013 Profile of Buyers’ Home Feature Preferences, released by the National Association of REALTORS®, reveals interesting trends. The report looks at 33 home feature preferences based on what a representative sample of U.S. households that bought between 2010 and 2012 say they value. Just over 2,000 households participated.
Appraisals Services found errors in assigned values of their land. The firm has turned over its recommendations for new values on 27 properties where the owners had appealed the county’s 2011 assessments.
North Carolina officials visited 
This annual event drew residents from neighborhoods in and around
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More than 36 million Americans relocated in 2012 according to the U.S. Census Bureau, an increase from 2011's record low mover rate of 35.1 million. And while many of those stayed within the same county, plenty of them packed up and moved to a different state.
news offers a solid ending to 2012 and a promising start to 2013 according to the National Association of Home Builders (NAHB). With inventories of new homes are at low levels in the




