Charlotte home sales surge in February

CHARLOTTE, NC (WBTV) - Residential real estate sales surged 21.8 percent in February from the number of closings during the same period in 2011, according to the Charlotte Regional Realtor Association.

"People are buying houses, so demand is up, and our inventory is actually down," says CRRA President Jennifer Frontera.

Bill Saint is building new homes here at the Preserve at Robbins Park in Cornelius, and he told WBTV business started to get much better last month.

"The difference at Robbins Park has been phenomenal, to see all of the families moving in now," Saint said.

He thinks several months of solid economic news, like March 9th's positive jobs report, is shifting consumer sentiment.

"As they walk in," Saint said, "you can sense that the fear of job loss is not there."

Real Estate agent Jane Cross also credits the uptick to a change in attitude.

"I think the fear is gone," said Cross. And she says potential buyers should beware.  "If you're a buyer, and you've been sitting on the fence - jump. It's time to get in. I think it's going to get more competitive for you."

And as we're headed into spring (in the good old days, boom time for the housing market) agents hope we'll see a really meaningful resurgence.

"They seem to be positive, in a good frame of mind," Frontera says, "and looking forward to things getting better."