Charlotte Real Estate Q&A | Charlotte NC Homes for Sale By The Maxwell House Group, Realtor

What’s Your FICO Score? Do You Know What Score You Need to Buy a House?

What’s Your FICO Score? Do You Know What Score You Need to Buy a House? Oh the myths we hear in our business! Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is those reporters were misinformed…as were the renters who read the erroneous articles! To begin with, only 25% of the Americans have a FICO® Score between 740 and 800. Here is the breakdown according to Experian: 16% Very Poor (300-579)18% Fair (580-669)21% Good (670-739)25% Very Good (740-799)20% Exceptional (800-850) Just because you have … Continue reading...

What You Need to Know about the 2019 Mecklenburg County Tax Revaluation

Charlotte homeowners have been bracing for big increases in the tax value of their properties since our last revaluation was done during The Great Recession. So, as you can imagine, the revaluation of real property is going to be considerably more than the ‘normal’ increases since we went from them being performed during the lowest of lows to now, the highest of highs. Sales prices have continued to be on the rise, therefore our valuations are going to reflect that. Charlotte’s real estate market has boomed out of The Great Recession with some 70 new residents moving here each and … Continue reading...

What’s Your Charlotte, Davidson, Fort Mill or Waxhaw Home Worth?

What's My Home Worth? Home prices have shown significant gain over the past 5 years in the Charlotte Metro region, including Charlotte's 2018's increase by 6.9% with a remarkable 11.3% increase in Davidson, year-over-year. If you're thinking of selling your Charlotte area home this spring, now is the time to begin to prepare for the market. If you're unsure what the value of your home is, don't hesitate to call or text me at (704) 491-3310 or email CharlotteBroker@icloud.com. Many things are taken into consideration when placing a value on your home and no online 'system' can adequately … Continue reading...

Going with the Devil You Know – Is 2019 the Time to Sell Your Charlotte Home?

It’s better to go with the devil you know, than the devil you don’t. With 2020 being an election year, uncertainty will likely fill the minds of real estate investors (including individual home buyers). It typically does and then rebounds the second half of the following year. So, 2020 and 2021 may very well be weaker markets than 2019. Home price growth slowed a bit in the second half this year, with fewer buyers entering the market. Analysts and those with their fingers on the pulse of the real estate market believe the cause is two-fold - 1. partially due to … Continue reading...

How Long do Homeowners Stay in Their Homes in Charlotte NC?

How Long do Homeowners Stay in Their Homes in Charlotte NC? Charlotte Homeownership Tenure Has Increased Past data historically shows that most Charlotte residents lived in their homes for 4-5 years. With Charlotte being such a large financial, technology and healthcare city, those jobs tend to involve more relocation needs than others. Hence, the transient nature of Charlotte’s population. However, The Great Recession changed all of that! Those fortunate enough to maintain employment during the recession were absolutely not interested in selling their homes - at all! This went on for 4+ … Continue reading...

Why is this Listing on Your Website and it’s Not Your Listing?

Why is this Listing on Your Website and it's Not Your Listing? Plain and simply, we all share listings here in North and South Carolina - that is why the listing shows on multiple agent websites. The system that allows us to do that is IDX or Internet Data Exchange and if the listing agent requests that her listings be shared in that manner, they are shared across the board to all agents. But, I know why you're asking me this question - you think you'll save money if you use the listing agent, right? Do let me caution you about working directly with the listing gent. Some buyers believe that … Continue reading...

708 Clement Avenue Charlotte NC 28204 – Beautiful Home in Popular Elizabeth Neighborhood Near Uptown Charlotte – OOPS TOO LATE, Under Contract!

3BR 4BA Elizabeth Home SOLD Most Coveted Address in Elizabeth! MLS# 3160683 **SOLD** View a Virtual Tour of this Beautiful Home **Another Maxwell House Listing SOLD** Sorry you missed this lovely home! If you're thinking of selling your home, visit www.ListMyCharlotteHome.com, call (704) 491-3310 or email CharlotteBroker@icloud.com for other available homes for sale in this area or give us a call and we'll put you on our 'hot list' for instant notification when a home in this area comes available--as SOON as it comes on the market! RARE find on Elizabeth’s coveted CLEMENT AVENUE! This … Continue reading...

Fantastic SouthPark Home is Under Contract in ONE DAY!

Fantastic SouthPark Home is SOLD! MLS# 3157386 View a Virtual Tour of this Stunning Condo One of SouthPark's most popular hidden gems, The Gates at Quail Hollow condo complex, features clubhouse, fitness center, pool & tennis courts. Beautiful kitchen upgrade includes granite, custom tile backsplash and stainless steel appliances. Such wonderful entertaining in this large hearth room (breakfast room or dining area) has stately brick fireplace with new glass new enclosure. Butler area/wet bar offers plenty of storage for glassware/serving dishes. HARDWOODS THROUGHOUT THE MAIN LEVEL. … Continue reading...

11020 Dixie Hills Drive Charlotte NC 28277 – Townhome in Ballantyne is UNDER CONTRACT

2BR/2.5BA Townhome in Oakbrooke Is SOLD MLS# 3152871 View a Virtual Tour of this Beautiful Townhome **Another Savvy Listing UNDER CONTRACT** Sorry you missed this lovely home! If you're thinking of selling your home, visit www.ListMyCharlotteHome.com, call (704) 491-3310 or email SavvyBroker@me.com for other available homes for sale in this area or give us a call and we'll put you on our 'hot list' for instant notification when a home in this area comes available--as SOON as it comes on the market! Location, location, location! 2BR/2.5BA townhome in Ballantyne’s popular Oakbrooke community. … Continue reading...