Prices for existing homes up, inventory down - WBTV 3 News, Weather, Sports, and Traffic for Charlotte, NC

Prices for existing homes up, inventory down

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SALISBURY, NC (WBTV) -

Prices for existing homes are up nearly 8% across the country from this time last year, and some local realtors say it signals a shift from what had been a buyer's market, to a market more suited to sellers.

Linda Langford is trying to sell her cottage on Ellis Street in Salisbury.

"I think we've got the house priced to sell, but it would be wonderful if the prices for homes would go up a little bit, that would be great," Langford told WBTV.

And that is exactly what's happening across the Carolinas. Realtor Kay Dover from Keller Williams Realty looked at the numbers across 32 counties.

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