Charlotte, NC (PRWEB) March 26, 2014
Allen Tate Company, the Carolinas’ #1 real estate company, rebounded to 2007 levels in 2013, with 20,083 closings and $4.5 billion in closed sales volume across the company’s footprint.
“In the last 12 months, we have shifted from a recovery mode to a stabilization mode – and now to a growth mode. Opportunities are at a premium again for both home sellers and home buyers,” said Allen Tate Company President and COO Pat Riley.
Company-wide closed sales volume was $4,501,998,033, a 30.7 percent increase over $3,445,190,489 closed in 2012. Closed units increased by 26.1 percent, with 20,083 closings in 2013, compared to 15,920 in 2012.
Single-family residential closings showed double-digit increases across Allen Tate markets in both North and South Carolina:
Riley said gains in all markets are attributable to move-up buyer activity, multiple offers in select markets and “normal” price appreciation returns for sellers.
“For 2014, predictions for the Carolinas are continued healthy growth for sales pace and price appreciation. Most economic predictions show price gains between 3 and 4 percent for North and South Carolina. We are currently in a very balanced market across the Carolinas and opportunities are there for both sellers and buyers,” said Riley.
Allen Tate Company is the Carolinas’ largest real estate company with 37 offices in the Charlotte, Triad, Triangle and Upstate South Carolina regions. Allen Tate offers the advantage of hometown service with international capabilities and the latest in real estate technology and maximum marketing exposure. Visit http://www.allentate.com for more information.