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Wednesday, March 26, 2014

Market Update: Act Now to Capitalize on Low Prices and Low Rates!



There are many great Charlotte area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (704) 800-1200 Ext. 106 for a FREE home buying or selling consultation to answer any of your real estate questions.

Market Update: Act Now to Capitalize on Low Prices and Low Rates!

About six days ago, CoreLogic released a report on our market. With some of the snow storms that recently hit the South, our area shut down and caused a minor blip in the amount of homes that sold. However, that did not affect the overall market.  When you compare January 2013 to January 2014, we can account for a 9% rise in pricing. A part of that increase can be attributed to higher-priced homes that are selling this year instead of the previous year because buyers are trading up.

Overall, the market is very strong. If you’re looking to sell your property, it is a great time to consider listing your home and if you’re looking to buy a property, it is a great time to enter the market as prices are projected to rise in the future and rates remain historically low.

If you have any questions about buying or selling, don’t hesitate to reach out to me. Thanks and have a great day!