Spring Has Sprung! Charlotte (Proper) Homes for Sale are UP 28.6% Year-Over-Year

Charlotte Inventory is INCREASING in 2023

Spring Has Sprung! Charlotte (Proper) Homes for Sale are UP 28.6% Year-Over-Year We've all been waiting for inventory to surge (dramatically, if at all possible!) over the past few years and for the first year in a while, we are finally seeing an increase in inventory. Spring has finally sprung in Charlotte! Charlotte Homes for Sale are UP 28.6% since last year - a healthy increase. We are seeing buyers back on their searches, ready to pounce when the perfect home hits the market for them. Charlotte MSA homes for sale are up 26.3% and our entire MLS (from Chimney Rock to Clemmons & … Continue reading...

Three Tips for Buying During Charlotte’s 2023 Spring Market

Charlote Home Buyer Tips 202

Three Tips for Buying During Charlotte’s 2023 Spring Market Are you contemplating buying a home in the Charlotte Metro this year? Well, we are in the beginning stages of our usual hot spring market! Multiple Offers are not a thing of the past, despite what you hear on the news! I know - I've represented both buyers and sellers in recent weeks and we are definitely still working in a hot buyers market. So, what is a buyer to do in today's market? Here are three tips for buying during Charlotte's 2023 spring market - and beyond. Have a sense of urgency - there ARE buyers out. You DO … Continue reading...

THE Most Asked Question in May, 2021 – Should I Buy NOW or Wait?

Should I buy my Charlotte home now or wait

THE Most Asked Question in May, 2021 - Should I Buy NOW or Wait? Quite frankly, we've been being asked this question for well over 2 years. If you consider only the last year of appreciation that the Charlotte Metro area homeowners gained, an 11.6% increase - yes, in ONLY one year - that will tell the story about our hotter-than-hot market! To show you what that looks like in dollars - if you paid $500,000 for your home one year ago today, your home would now be worth $558,000. Note that this is our entire MLS - some areas have realized less appreciation and others, more. If … Continue reading...

Does the Ability to Pay Cash for a Home Purchase Matter During this Strong Sellers Market?

Does the Ability to Pay Cash for a Home Purchase Matter During this Strong Sellers Market? Of course it does! It matters a LOT! We used to proclaim that ‘Cash is KING’ and sellers were all over the cash Offers - even lower than list prices were coveted. Sellers knew that buyers obtaining a mortgage could easily have an issue during the lending process - small or complicated - and the deal was toast. Sellers had to start all over again and then struggled to get anywhere near their list price again. So, cash WAS king!  The market slowly began to stabilize and mortgage requirements … Continue reading...

The Housing Bubble Discussion Again?

Charlotte Housing Market

The Housing Bubble Discussion Again? I can’t tell you how often I am asked when I ‘think this bubble is going to burst.’ The ‘mockingbird media’ tends to believe that we are in the midst of a major bubble and that we are soon to be in a world of hurt! This is not about a ‘bubble,’ this is about simple economics, supply & demand. When asked if today’s high buyer competition and rising home prices are evidence of a housing bubble, Lawrence Yun, Chief Economist at NAR, said “thisis not a bubble. It is simply lack of supply.” Today’s housing market is healthy and rising prices are … Continue reading...