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 have competition in the market right now, despite what you’re hearing on the news. When a property hits the market, GO SEE IT and if you like it, MAKE AN OFFER ON IT. There is no assurance that it will still be on the market tomorrow!

Remember, if you’re a renter, begin your search before you only have a month to the end of your lease. Many buyers don’t think about this but, your first mortgage payment won’t be due for 1-1.5 months of your Closing. So, you won’t have ‘double payments’ during that time. Speak with your lender to confirm your timeline and let’s make an Offer to Close accordingly.

Don’t let analysis paralysis set in! Take direction from your experienced real estate professional. Bear in mind one thing – regardless of the cost of real property now, Charlotte CONSISTENTLY shows solid appreciation in 3-5 years.

BONUS TIP: Thinking of buying a home in Charlotte? These tips apply to any season!

If you’re looking for a professional with her finger on the pulse of the Charlotte market, call me! Let’s talk! (704) 491-3310.