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You are here: Home / Archives for Charlotte Featured Real Estate Articles

It’s an Unprecedented Sellers’ Market

02/26/2021 by Debe Leave a Comment

It’s an Unprecedented Sellers’ Market

I received an email this morning with an article about how sellers are ‘finally feeling comfortable selling again.’ I almost wrote back and asked what planet the sender was on! Our sellers have felt comfortable selling since mid-2012 and we’ve been in a strong sellers’ market since February, 2016.

If you don’t own your home (meaning outright or carrying a mortgage), the median sales price should be a wake-up call! Where else can you invest your money and garner a 13+% increase in value in 12 months – not years, MONTHS – ONE YEAR! That is unprecedented. If you do own, have you thought about adding investment property/properties to your portfolio? 

Sellers are in the driver’s seat when they receive 3+ Offers in 2021. That doesn’t mean it’s not a great time to buy as well. When have you seen interest rates this low? For sellers, they are able to call the shots with multiple Offers in-hand. 

  • Over the past year, buyer demand is soaring like it never has before – not even during the years of 2005-2007.
  • According to NAR, homes are selling twice as fast as they did in 2020 at this time, getting multiple Offers and exponentially increasing in value, putting homeowners squarely in the driver’s seat.
  • Thinking of selling your Charlotte area home this spring or summer? Let’s talk! Let me show you how to leverage your position as a seller in today’s market. Call me at (704) 491-3310 today.

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | It’s an Unprecedented Sellers’ Market

Filed Under: Charlotte Featured Real Estate Articles, Charlotte NC Home Sellers, In the News, The Latest on All Things Real Estate - Charlotte NC, The Maxwell House Group Tagged With: Charlotte home sellers, Charlotte NC home seller tips, Charlotte NC Sellers

Mid-Century tri-level home in the heart of SouthPark!

02/24/2021 by Debe Leave a Comment

2710 Huntingtowne Farms Lane
Charlotte NC 28210
MLS #3711993
4bd, 2ba, 1911sqft, .44 acres
Open House Sat, 2/27, 1-3pm

One-of-a-kind, hip mid-century gem, in primo SouthPark location. You won’t want to miss this stunning, modern home that sits on nearly ½ acre, private lot – it even has it’s own stream running along the back of the property, a treehouse for the adults or the kids, two private side patios (one is screened) and an enormous circular deck with seating. The home is located within walking distance to the Little Sugar Creek Greenway and has easy access to everything Charlotte… NOW, let’s talk about the fabulously renovated interior – TONS of windows let the sunshine into this incredibly well-planned home that truly feels like you’re living among nature, right in the heart of the city. The great room has a vaulted ceiling, kitchen and baths have been renovated and those gleaming Brazilian cherry hardwoods are AMAZING! The home has new wood siding, new decking and a fresh coat of paint (inside and out)…and so much more!


View a Virtual Tour of this Wonderful Home!

Debe Maxwell, CRS, Realtor®/Broker
RE/MAX Executive
2901 Coltsgate Road, Suite 100
Charlotte, NC  28211
Mobile:  (704) 491-3310

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©Debe Maxwell | RE/MAX Executive Real Estate | Mid-Century tri-level home in the heart of SouthPark!

Filed Under: Charlotte Featured Real Estate Articles, Charlotte NC Home Buyers, Charlotte NC Luxury Homes, Charlotte NC Open Houses, Charlotte Relocation, Condos and Townhomes for sale in Charlotte NC, Featured Charlotte Listings, In the News, Open Houses in Charlotte, The Latest on All Things Real Estate - Charlotte NC, Uptown Condos and Townhomes for sale Tagged With: Acrerage, Huntingtowne Farms, SouthPark, Townhome, Wooded

Renovated SouthPark Ranch House For Sale!

02/12/2021 by Debe Leave a Comment

3201 Archdale Drive
Charlotte NC 28210
MLS #3707298
3bd, 2ba, 1,472sqft, .32 acres
Offered @ $350,000

UNDER CONTRACT IN JUST 3 DAYS

Another Maxwell House Group – Re/Max Executive Listing is 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 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!

Incredible opportunity to buy in highly sought after SouthPark area! Recently renovated 3-bedroom, 2-bath RANCH home with updates that include: new dishwasher, new granite countertops and commercial grade faucet, new lighting, fresh paint, updated baths/showers and more. Wonderful split floorplan offers privacy in owners suite. Extra living space perfect for mudroom, sitting area or even a small office or workout area. Flat, fully fenced backyard with great, newly stained deck – a wonderful place to relax and watch the deer behind the property. Lot backs up to wooded area of Park Road Park – what a luxury to be able to walk to the park! Perfectly located near all that SouthPark has to offer –  restaurants, entertaining, shopping & access to everything Charlotte.

Check out even more details on our app (Charlotte Properties)

View a Virtual Tour of this Wonderful Home!

Debe Maxwell, CRS, Realtor®/Broker
RE/MAX Executive
2901 Coltsgate Road, Suite 100
Charlotte, NC  28211
Mobile:  (704) 491-3310

Check Out My Other Websites:

Visit My Team Website

Read My Blog

Search Homes For Sale Charlotte NC

Search Homes for Sale in Charlotte Metro Surrounding Areas

Like Charlotte NC On Facebook

Follow us on Instagram

©Debe Maxwell | RE/MAX Executive Real Estate | Renovated SouthPark Ranch House For Sale!

Filed Under: Charlotte Featured Real Estate Articles, Charlotte NC Home Buyers, Charlotte Relocation, Featured Charlotte Listings, In the News, SouthPark, The Latest on All Things Real Estate - Charlotte NC Tagged With: Archdale, North Carolina, Park, Ranch, SouthPark

Debunking the Forbearance and Foreclosures Myths in 2021

01/22/2021 by Debe Leave a Comment

Debunking the Forbearance and Foreclosures Myths in 2021

Many homeowners had their lives turned topsy-turvy nearly a year ago with their economic stability, completely disrupted. In the beginning of the COVID pandemic, economic uncertainties were first and foremost in most American’s minds. The government very quickly responded to that angst, putting into place forbearance plans. They were available to homeowners who had experienced job loss and/or economic hardships, allowing them to remain in their homes, without making their monthly mortgage payments. 

Some who signed up for the forbearance program, quickly rebounded and have since attempted to secure a mortgage for a new house and many to refinance their homes. Sadly, those who accepted forbearance are unable to refinance or secure mortgages.


The good news…

There is good news for those who were able to exit forbearance. Most homeowners must only make 3 consecutive payments AFTER exiting forbearance to be able to refinance. 

**Note: I am not a lender so, please check with your lender to confirm that this applies to your mortgage.

Nearly three million American households are actively in a forbearance plan. While 1/3 of those in forbearance have continued to stay current on their mortgage payments, many have not. According to CoreLogic, 39% of those who accepted forbearance are 150+ days behind; fewer than 25% who are actively in the forbearance plan are 180+ days past due.


The better news…

When you compare today’s homeowners who are behind on their mortgage to 2006-2008, that number is really a drop in the bucket. The housing crisis during The Great Recession does not even remotely compare to today’s housing market.

Michael Sklarz, President at Collateral Analytics:

“We may very well see a meaningful increase in the number of homes listed for sale as these borrowers choose to sell at what is arguably an intermediate top in the market and downsize to more affordable homes rather than face foreclosure.”

Delinquency alone is not enough to send a mortgage into foreclosure. Pundits who speculate that massive foreclosure is right around the corner, are not taking into consideration, the equity of the homeowners who are in forbearance. If push comes to shove, a large majority of those homeowners can sell their home to avoid foreclosure – and no, not short-sale it – sell it and cash out! 

Many homeowners in distress have the option to tap into their equity to use until their economic strife improves. OR, instead of participating in the forbearance program their bank offers, they can simply refinance and reduce their mortgage payments. This can help them avoid having to accept forbearance and thus, having that impact further/future financial challenges. 

According to Realtor.com,“Nationally, the number of homes for sale was down 39.6%, (449,000 fewer homes for sale than last December).”

With the unprecedented lack of inventory on the market, the national market can easily absorb 500,000 homes this year, without home values depreciating. In the Charlotte Metro region alone, our inventory is down 55% – over 50,000 homes can easily be absorbed in our market.

Americans have suffered economic hardships in their lives – both personally and in business. The overall residential real estate market however, has overwhelmingly weathered the 2020 pandemic storm and will continue to do so in 2021.

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | Debunking the Forbearance and Foreclosures Myths in 2021

Filed Under: Charlotte Featured Real Estate Articles, Charlotte NC Home Sellers, Charlotte NC Homeowner Tips, The Latest on All Things Real Estate - Charlotte NC Tagged With: Charlotte NC Foreclosures

Adorable Ranch in the heart of Mount Holly just minutes from Charlotte!

01/21/2021 by Debe Leave a Comment

125 Leo Drive
Mount Holly, NC 28120
MLS #3699081
3bd, 2ba, 1,572sqft, .21 acres
Offered @ $239,000

Impeccably updated 3-bedroom, 2-bath ranch home in the heart of downtown Mount Holly. This home is filled with character and charm throughout – from the renovated kitchen & baths and the beautiful hardwood floors throughout the inside of the home, to the oversized patio surrounded by mature trees on one side of the house, sun deck on the other side of the house and a wonderful yard, complete with 6’ privacy fencing on the outside. OR relax on your rocking chair front porch. Newer windows & lighting, custom wood shutters, and HVAC, hot water heater, roof, all only 8 years old! Walkability is unbelievable (mere blocks!) to restaurants, quaint shops, the library, coffee shop, yoga studio & more. Only 5 minutes to the U.S. National Whitewater Center! What’s NOT to love about this one?! 

Check out even more details on our app (Charlotte Properties)

View a Virtual Tour of this Wonderful Home!

Debe Maxwell, CRS, Realtor®/Broker
RE/MAX Executive
2901 Coltsgate Road, Suite 100
Charlotte, NC  28211
Mobile:  (704) 491-3310

Check Out My Other Websites:

Visit My Team Website

Read My Blog

Search Homes For Sale Charlotte NC

Search Homes for Sale in Charlotte Metro Surrounding Areas

Like Charlotte NC On Facebook

Follow us on Instagram

©Debe Maxwell | RE/MAX Executive Real Estate | Adorable Ranch in the heart of Mount Holly just minutes from Charlotte!

Filed Under: Charlotte Featured Real Estate Articles, Charlotte NC Home Buyers, Charlotte NC Open Houses, Charlotte Relocation, Featured Charlotte Listings, In the News, Open Houses in Charlotte, The Latest on All Things Real Estate - Charlotte NC Tagged With: Downtown, Mount Holly, North Carolina, Ranch, Walkability

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

01/15/2021 by Debe Leave a Comment

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, new rugs, new lighting…some even feel that they have to keep up with the Jonses with a new CAR to go in their new garage!

Here are a few things you should avoid, at all costs, after applying for a mortgage:


Bottom Line
  • Yes, there’s more! Here are a few additional key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan when you get to the Closing table.
  • After documentation is provided and Due Diligence is up, buyers often forget that changes in income, assets, or credit need to be discussed with your lender. You don’t want to unintentionally jeopardize your mortgage.
  • BEFORE doing ANYTHING financial in nature, be sure to run it by your lender. In fact, my best advice is just NOT to do anything financial in nature unless your lender tells you to do so!

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com |Things to Avoid after You have Applied for a Mortgage [INFOGRAPHIC]

Filed Under: Charlotte Featured Real Estate Articles, Charlotte NC Home Buyers, In the News, The Latest on All Things Real Estate - Charlotte NC Tagged With: Charlotte home buyer tips, Charlotte Home Buyers

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Debe Maxwell, CRS
Realtor®/Broker
The Maxwell House Group
DebeM@ReMax.net  
(704) 491-3310
2901 Coltsgate RD, Suite 100
Charlotte, NC 28211

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