Looking at our overall housing market at a regional level to include Mecklenburg County and surrounding areas you will see that while we have our issues, Charlotte is not drastically sliding price wise. If you are considering buying or selling take a look at these charts and contact me with questions. I am here to help.
Today’s market is a buyer’s market with interest rates well below 4.5% for a 30 year fixed interest rate mortgage. We should be seeing more buyers stepping out to look at homes for sale and real estate in our housing market. Traditionally this time of year sellers have opportunity from Labor Day through Thanksgiving. If you are considering selling this year, start preparing your home now.
If you are considering buying a home, there are many opportunities for you to find just the right home for sale in the Charlotte area. With mortgage interest rates at an all time low of under 4.5% for a 30 Year Fixed Rate Mortgage, it is time to buy if you have been considering purchasing a home. Interest rates and the number of homes for sale at great prices can't be beat.
I work with buyers and sellers throughout our area. Here are a few great homes for sale I have listed in the Charlotte Real Estate Market and surrounding areas. If you are looking in Midwood, South Charlotte, Huntersville, Cornelius or Union County (Indian Trail, Matthews, Waxhaw, Monroe) you will find a home for sale here. Of course if none of these homes are what you are looking for, feel free to contact me for a free list of homes for sale.
The stimulus, the stimulus—it is hard to go to a news site or blog now without seeing something about the stimulus plan, good for Charlotte condo and townhome buyers and sellers.Buyer IncentiveThe biggest boon to both buyers and sellers is the proposed tax break for any first-time buyer purchasing a home (including condos and townhomes) in 2009. That last part is the one down point in the plan. Homes must be purchased in the current year, retroactive to the beginning of 2009, and ending December 31st. That should, however provide a decent impetus to get things moving again. While it is short lived, it could boost the market long enough so that the forward motion continues past this year. Mortgage Incentive, not for the buyers and sellers in particular, the banking and finance industry is set to receive the biggest portion of the stimulus plan. That can only help both buyers and sellers of Charlotte condo and townhome units, though, as it will mean buyers will once again have the ability to get mortgage loans. More expensive luxury homes and condos will also be given lower interest rates and affordable mortgage loans. There does seem to be some argument over whether the stimulus plan will raise or lower mortgage rates so that remains to be seen. Today we are seeing lower interest rates which is appealing! If you want to take advantage of the stimulus plan, I can help.Call me at 704-301-7404 or email me at tiffany@husbt.com for more information.
To get a Charlotte Area home to sell during a buyer’s market, it needs to look better than the other houses on the street. Making just a few quick changes can make all the difference when trying to best the competition. Here are a few things to do to make your home stand out:
A Fresh Coat of Paint
Few things can spruce up a Charlotte Area home like a fresh coat of paint. Be sure to pick a neutral color. Potential buyers won’t be able to see themselves decorating and living in the home if they see too much of someone else’s personality in the wall color. Most home improvement stores will have color cards you can look through, this will help you find the most neutral color you can live with. While you’re at it, get rid of all the knickknacks and other items that may clutter up your home, and the prospective buyer’s mind.
Fix The Flooring
You don’t have to buy new carpet, but you need to make sure it’s clean and in good condition. Be honest, if you wouldn’t want to inherit the flooring, no one else will either. If after cleaning and making repairs the carpet does not look up to par, replace it. Repair any gouges in the linoleum or hardwood floors. Don’t let bad flooring ruin your chances of a good sell.
Keep Up The Maintenance
Before selling your home, walk through each room and make a list of what needs to be done. Take note of the little things. Look at the window frames, the caulking in the bathroom, and check out the condition of your gutters. Do they need cleaning or is bigger repair in order?
Have someone come out and inspect your furnace and air conditioner for needed repairs. Even the plumbing should get a once over. The roof of your house needs to be inspected too. Arrange to make repairs as soon as possible.
If you’re unable to make these needed repairs, be prepared to lower the price of your Charlotte Area home as much as two dollars for every dollar of repair work needed. These simple things can make the difference in a buyer’s market.
Thinking of selling your home? Let me help you sell it as fast as possible for the best price. Call me today at 704-301-7404 or email me at tiffany@husbt.com.
This week we start our venture to share up-to-date information on the housing market in and around Charlotte, NC. We will work hard to provide important indicators in our market as well as interesting facts and data we find along the way. Check here weekly for updated information on our area and your community.
In addition, find information on a growing number of Charlotte Area Neighborhoods on our Neighborhood’s List. The Neighborhood’s List is found on the right hand side of this site and includes Neighborhood Specific Data on Sold Homes, Pictures, Driving Videos, and Important Neighborhood Facts. It is easily accessible and ready for your review.
Charlotte, NC is a great place to live and wonderful community to buy a home in. While our market has slowed substantially, our overall values have not declined sharply like other key markets across the country. We are happy to provide you with community and neighborhood specific details. E-mail offers@husbt.com for an overview of your neighborhood. Charlotte, Matthews, Pineville, Union County….We are hear to serve your real estate needs.
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