Zubin Shroff Real Estate Agent

Zubin Shroff

NC & SC REALTOR®
License# 288470 / 112255
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704. 578. 7442

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The Demand of Homes for Sale is Increasing, Relative to Supply

By Helen Adams Realty - September 14, 2021
Canopy Realtor® Association Market Updates Reprinted from August 2021 CRRA Monthly Indicators The booming U.S. housing market has spilled over to the rental market, which has seen demand for apartment and single-family rentals skyrocket this year, as high sales prices and an inadequate supply of available housing have forced many prospective buyers to rent for the foreseeable future. Increased d
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Loan Modifications and Payment Reductions Among Measures to Help Homeowners

By Helen Adams Realty - August 12, 2021
Canopy Realtor® Association Market Updates Reprinted from July 2021 CRRA Monthly Indicators The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend the length of their mortgages. For bor
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Home Prices Continue to Increase as Existing Home Sales Decline Slightly

By Helen Adams Realty - July 12, 2021
Canopy Realtor® Association Market Updates Reprinted from June 2021 CRRA Monthly Indicators School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace. Low interest rates and limited inventory are fueling record high sales prices. May saw the median existing-home sales price exceed $350,000, a 24% increase and the la
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The U.S. Housing Market Shows Little Sign of Cooling This Summer

By Helen Adams Realty - June 10, 2021
Canopy Realtor® Association Market Updates Reprinted from May 2021 CRRA Monthly Indicators As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide, inventory remains much lower than it was at thi
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Summer Home Projects With The Best ROI

By Helen Adams Realty - May 25, 2021
This summer you might consider knocking a few home projects off your to-do list. Whether big or small, you’ll want to make sure you’re investing in projects with a high rate of return. If you’re staying in your home or considering selling, it’s wise to be cautious of what your home is worth and how projects can affect your home’s value. We want our clients and neighbors around the Charlotte ar
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April Fueled Another Strong Month in a Busy Spring Market

By Helen Adams Realty - May 07, 2021
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to su
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Seasonal Upticks and Continued Buyer Demand Fueled a Busy March

By Helen Adams Realty - April 07, 2021
Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates. Existing home seller and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buyer m
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Mortgage Rates Increase And Some Homeowners Qualify for Extended Assistance

By Helen Adams Realty - March 09, 2021
Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary factors driving up rates, the underlying economic fundamentals point to rates remaining in the low 3 percent range for the year.” With rates still at
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The New Year Kicks Off With Healthy Buyer Demand and Active New Construction

By Helen Adams Realty - February 10, 2021
January started off strong for the housing market, with healthy buyer demand and strong market fundamentals. A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited supply of buildable lots will temper the number of new units. New Listings were down in the Charlotte region by 7.8 percent to 4,301.
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Charlotte Real Estate Market Positioned for Another Strong Year Ahead in 2021

By Helen Adams Realty - January 14, 2021
This year was undeniably one to remember. Despite the health pandemic, record-high unemployment rates, and continued economic uncertainty, the real estate market remained strong. It was a powerful year for most housing markets across the country, and experts predict those markets that remained hot throughout 2020 are poised to carry the same momentum into the new year. At no surprise to the team a
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Strong Buyer Demand Continues Across Housing Markets Into the New Year

By Helen Adams Realty - January 08, 2021
December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market. New Listings were up in the Charlotte region by 18.2 percent to 3,383. Pending Sales increased 33.9 percent to 3,808. Inv
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Mortgage Rates Continue to Encourage Buyers and Strengthen Home Sales

By Helen Adams Realty - December 15, 2020
November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for the month. New Listings were up in the Charlotte region by 7.9 percent to 4,036. Pending Sales increased 26.4 percent to 4,509. In
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