Should I Buy an Imperfect Home? The real estate market remains hot, and that means fewer homes and more buyers. But, fixer-upper houses are often overlooked by homebuyers needing to move quickly. There are plenty of bargains to be found, but you should know what you’re getting into before you jump headfirst into a world of never-ending renovations. A little TLC Many homes listed as needing repairs simply have cosmetic issues that the current owner doesn’t want to deal with. Even if there are structural issues, they may not be urgent, and can be fixed down the road. Foundation … Continue reading...
Top 10 Charlotte Real Estate Articles for 2017
Top 10 Charlotte Real Estate Articles for 2017 As we do each day, week, month and year - analyzing the way that our information which we provide to the consumer, both near and far - we’ve once again researched the top 10 articles for the year. Our goal is to be certain that if you search for something related to Charlotte real estate in Google, Bing, MSN or any of the other search engines and find us, we are providing you the information that you need in an accurate, clear, concise and thorough manner. In fact, we go to great lengths to do so! Our staff works diligently to find exactly what … Continue reading...
Looking for a Sweetheart Deal?
Looking for a Sweetheart Deal? With the many news outlets proclaiming our current real estate market, a strong sellers’ market, I’m always surprised at the number of home buyers who submit low-ball Offers these days! After a conversation last week with a buyer who is coming into town later this month, I feel like the news (and our conversations about the current market) is just not hitting home. Some buyers have unrealistic expectations in today’s market - looking for that sweetheart deal, regardless of the current market conditions. So, I wanted to set the record straight…for now! If you … Continue reading...
Charlotte Real Estate Market Report | NOVEMBER 2016
Charlotte Real Estate Market Report NOV 2016 How's the Charlotte real estate market? Recent news of unemployment being down to 4.5% in the Metro region following the election and minimal increase in interest rates, it's THE prime time to buy! Buying now before the competition begins in the early spring months (our spring market typically begins in February) and the interest rates creep up in 2017. As for Sellers it's a great time to sell as well with our low inventory and pent-up buyer-demand! Market absorption (how long it will take you to sell your home) is down … Continue reading...
Charlotte Homebuyer Guide WINTER 2016
Charlotte Homebuyer Guide WINTER 2016 Here are some tidbits in this quarter's news/guide: Why should you buy a home this winter? Prices are expected to appreciate 5+% in 2017 and mortgage rates are predicted to rise above 4% for the first time in several years as well. Find out other reasons why winter 2016 is a good time to buy. Did you know that buying is 37.7% cheaper than renting in 100 of the largest metro regions in the US (including the Charlotte Metro region)? National home prices have increased in some states 3% to over 8% year-over-year - see where NC falls in the data. How much … Continue reading...
Things to Consider when Buying a Home FALL EDITION 2016
Things to Consider when Buying a Charlotte Home FALL EDITION 2016 Buying a home in the fall can cause pause but, we feel strongly that the fall and winter months are great times to purchase. Why? Interest rates are expected to increase by the end of the year. Spring is our big selling season and prices are typically higher in the spring than fall and winter months. More in this publication this quarter including rent vs. buy information, real estate sales stats for 2016 as well as financing information. Click on the link below to download your copy or read the publication in full … Continue reading...
Buyers Beware! You Could be THE USUAL SUSPECTS!
Buyers Beware! You Could be THE USUAL SUSPECTS! With the incredibly hot summer we’re having, it seems that at least once a week we hear of someone having lost their AC. NOW is certainly not the time that you want your AC to go out - even for an hour! What’s the first thing you do? You either phone your warranty company or the first name that comes up on Google. You may or may not check to be sure that they’re 5-star companies - all you want is your air conditioning working again! Here is where buyer beware comes in… If the HVAC technician informs you that what is wrong with your … Continue reading...
Let’s Talk Bidding Wars!
Let's Talk Bidding Wars! Charlotte real estate market is hot, hot, HOT! Great properties that hit the market almost always bring on the bidding wars! Having a strong agent on your side is CRITICAL in both the seller and the buyer position. Buyers: Do not be afraid of a good bidding war - we are here to get you through the war and the entire home-buying process! Sellers: Negotiating to get the highest price is NOT always in your best interest. Let's talk seller strategies with regard to bidding wars! Of course we're not going to share our war strategies publicly — we don't want to … Continue reading...
Charlotte Metro Region Schools – Which Are Best for YOU?
Charlotte Metro Region Schools - Which Are Best for YOU? I get this question all the time with those relocating to the area. Of course, we cannot answer that question but, I can tell you that for several years, our residents in Mecklenburg County migrated to the suburbs - some for schools, others for larger lot sizes and the desire to live in a more rural atmosphere. Schools have changed with the times and quite often, there is another announcement of re-districting of the schools, upsetting some homeowners' apple carts. Home values are impacted with redistricting so, homebuyers are always … Continue reading...
Charlotte Real Estate Q&A – New Construction or Old House?
Charlotte Home Buyers - Charlotte Real Estate Q&A - New Construction or Old House? Which Should You Buy? This is a re-post/revision from 2013 as we have a number of buyers debating over new construction and resales. We thought we would revive this post to help detail the pros and cons of each. Trying to choose between Charlotte new construction and a resale home? While there are many differences between the two, the majority of the time, a Charlotte home buyer’s decision is made based upon one or more of the following factors: What You See Is What You Get When purchasing a resale … Continue reading...