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...

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC] Americans have chosen real estate as the best investment for 8 years running. There’s a reason for that - home equity has risen exponentially with the incredibly low inventory levels. This is even more evidence for sellers to take the plunge and sell during this low supply market. It’s never, in the history of selling real estate, been a better time to sell!For buyers, even with the rising prices, why NOT begin building equity while the market is hot? I recently did a neighborhood sales increase for one in my market and … Continue reading...

How’s the Charlotte Metro Housing Market Faring in May 2021?

How’s the Charlotte Metro Housing Market Faring in May 2021? As a colleague said earlier this week, “It’s the wild, Wild West out there!” No truer words have been spoken. In some neighborhoods and price ranges, we are waiting in line to tour homes - and that’s WITH an appointment.  Strategizing our Offers so that they will not only compete, but win, is another challenge. Most have realized that patience is a virtue. I have colleagues who tell me of buyers for whom they have submitted more than 10 Offers - that’s 10 properties they have tried to purchase and were unable to come out … 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...

Things to Avoid after You have Applied for a Mortgage [INFOGRAPHIC]

The Most Common Things to Avoid after You have Applied for a Mortgage [INFOGRAPHIC] Anyone in the real estate or mortgage business can share a horror story (or two!) that caused someone to lose the home that they were attempting to buy. It's one of the toughest times in our business - it's absolutely heart-wrenching! A buyer finds their dream home, applies for a mortgage, goes under Contract and pays for their appraisal and all inspections and then, with the lull in things to do for the new house & mortgage, goes on a spending spree! Everyone wants new furniture for their new home, … Continue reading...

Top Home Buying Myths – And the Truth

Top Home Buying Myths – And the Truth  Buying a home can seem like a huge undertaking. You don’t need to be a first time home buyer to find the process overwhelming. There is so much information available, how can you tell what’s true and what’s a myth? Understanding the difference can help you make the best decision for you and your family goals.  Top Home Buying Myths – And the Truth  The First Step is finding the Right House – Before you head out shopping, speak with a lender to understand your financial options and how much house you can afford. You Can’t Buy … Continue reading...

Why Do I Need a Real Estate Agent?

Why Do I Need a Real Estate Agent? 87% Of Buyers Purchased Real Estate Through An Agent Or Broker In 2018 Why you need a Charlotte Real Estate Agent Between the historic inventory shortage, intense competition and rapidly rising prices, navigating the Charlotte real estate market in 2018 was a real challenge for buyers. For that very reason, the vast majority of home buyers partnered with real estate professionals for their home search. According to the 2018 Profile of Home Buyers and Sellers from the National Association of Realtors, 87% percent of buyers purchased their … Continue reading...

Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!

tips for Millennials

Millionaire To Millennials: Don’t Get Stuck Renting A Charlotte Home… Buy One! Rent vs. Buy - the question that is at the top of the minds of not just millennials but, anyone who is currently renting. This is an age-old question that is typically answered by most financial advisors, "Buying is the only option." However, there are a few exceptions to this rule in my opinion - If you're going to be in a location for a year or less, it doesn't always make sense to buy. The process on both ends would consume a good amount of that year for the buyers, turned sellers.Moving to an area and you … Continue reading...

Thinking of Buying a Home in Charlotte This Winter?

Thinking of Buying a Home in Charlotte This Winter?  The process of buying a home can be overwhelming but, you don’t need to go through the process alone - I’m here to help. You may be wondering if now is a good time to buy a home…or if interest rates are projected to rise or fall. Our free eGuide below will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home. Stories in this publication include: 4 Reasons To Buy A Home This Winter2 Factors To Watch In Today's Real Estate Market Buying Remains … Continue reading...