Charlotte North Carolina Housing Market Update June 2023

Charlotte North Carolina Housing Market Update June 2023

Americans overall are feeling worse about the housing market! Unless, of course, you’re trying to sell your home! With mortgage rates recently ticking up, home buyers affordability is really being strained. But, because of the record low levels of housing inventory, home sellers are still sitting pretty.

So, what’s really going on in our local Charlotte, North Carolina housing market? What are the latest trends? What can we expect moving forward? You’ve came to the right place and thats exactly what we’ll discuss today!

 So strap in, folks, this is your all access pass to everything you need to know about the sstate of the Charlotte housing market. Join us as we peel back the layers of this crucial news and reveal what it means for you in the Queen City.

Charlotte North Carolina Housing Market Update:  June 2023

 

1. Number of New Listings

2. Number of Pending Listings

3. Number of Closed Homes

4. Average Sales Price

5. Market Overview 

6. My Thoughts

Homes For Sale in Charlotte, NC:

1. Number of New Listings

In May, 1300 new listings hit the market, which was an 4% increase from the number of new listings in April 2023. We saw a gradual increase in the amount of new listings coming to the market month over month. We saw a 26% decrease in the amount of new listings year over year. This shows us that many homeowners are still choosing not to put their homes on the market, which is keeping the Charlotte, North Carolina housing inventory low.

Low inventory isn’t just an issue in Charlotte, North Carolina. We’re seeing this across the board, all over the United States. New Listings were down 20% year over year in the United States.

We also have a 11% decrease in the amount of homes on the market at any given time compared to last year. The supply of available homes are one of the biggest factors affecting our housing market! 

Even though there are less homes available, the median days on the market for a home is 33.6 days, which is a 67% increase from the median days on market for a home this time last year! 

Charlotte North Carolina Housing Market

It’s interesting, we’re seeing a reduced level of available homes, but homes are sitting on the market for longer. This shows us that the higher mortgage rates are taking its tole on the home buyers. Even though home buyers are feeling the squeeze of higher mortgage rates, low levels of supply are helping home sellers maintain their negotiating power. 

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2. Number of Pending Sales

In May, 1243 homes in Charlotte NC accepted an offer. This was a 2% decrease from April 2023 and a 15% decrease from the amount of homes that accepted an offer in May 2022.  

Fewer homes listed = Fewer homes accepting offer’s.

The number of pending sales have been steadily decreasing since March 2023. One factor that could be affecting this is the average mortgage rates ticking up in recent months. In May, mortgage rates ticked up by around .5%. Many buyers were locking in mortgage rates around the mid 7.5%. 

The number of new listings outpaced the number of pending sales by 5%. With the acceptation of March, listings have continued to outpace pending sales for this entire year! This means the number of available homes at any given time has steadily increased since January 2023. 

 

Buyers Market | Increase In Inventory

If the number of new listings continuously outpace the number of pending sales, then we can expect the amount of homes for sale will increase. This means that there will be more homes avaliable and buyers will have more homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a buyers market.

Sellers Market | Decrease In Inventory

If the number of pending sales continuously outpace the number of new listings, then we can expect the amount of homes for sale will decrease. This means that there will be less homes avaliable and buyers will have less homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a sellers market.

3. Number of Closed Homes

In May, 1202 homes closed in Charlotte, which was a 8% increase from April 2023 and a 22% decrease from April 2022. 

We have seen the number of closed homes continue to decrease, mainly due to fewer homes coming on the market. The number of closed homes is a lagging indicator. Since we have seen fewer newer listings and fewer pending homes, we can expect to see the number of closed homes to be lower. 

4. Average Sales Price.

In May 2023, the average sales price was $569,000. This was a 9% increase from April 2023. This was a huge increase in just one month. The local Charlotte, North  Carolina home owners should love this. You gained a good bit of equity over the last 30 days! We’ve seen the average sales price appreciate by 10% since May 2023.  

June 2022 proved to be the peak of the housing market at $528,500. So, unless we see any major changes, we shouldn’t see home price depreciation this year! In fact, quite the opposite, we should see a healthy increase in the price of homes this year! 

The average price in the United States has dropped by about 2% year over year, so we’re outpacing the United States by around 12%. This is especially true when you look at markets like Austin, TX and San Francisco, California!

Average home sale price in the United States

5. Market Overview:

So, inventory is increasing, but prices are increasing as well, what’s going on? Inventory is increasing but not nearly to the levels to match buyer demand. The low levels of inventory are really propelling our market. It all boils down to supply vs demand. There are many factors affecting our housing market shortage, like: 

 

  1. “Institutional investors: Over the past few years, institutional investors have purchased about 30% of all of the homes that have sold in the Charlotte area. They usually do not sell as often as a regular homeowner would, so this ties up a large portion of the inventory. 
  2. Lack of new construction over the last decade: New home builders have never caught back up from the great recession. Over the past decade, home builders have been very cautious and haven’t built enough homes to keep up with supply. 
  3. “Would be” home sellers not moving: Many “would be” home sellers are discouraged from moving because they locked in a 30 year fixed rate mortgage between 2.5% and 3%. When they are looking to move, their getting quoted rates 7%+ which is discouraging them from making a move. 

 

Yes, the average days on market are ticking up but many homes are still selling quickly.  The nice homes that are located in the desirable areas are still getting multiple offers.  Many times theres a competitive bidding war for these homes. Just last week, we sold one of our listings for $25,000 above asking! The average number of offers received per sold property in the U.S. in April 2023 was 3.1. 

Selling A House Shouldn’t be Stressful

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6. My Thoughts: 

So, what do I think? Well, inventory is very low and buyers are beginning to get accustomed elevated mortgage rates. I feel we may see some small fluctuating in the market depending on rates, unemployment, etc. But, with the low levels of inventory and the growth we’re seeing in the Charlotte area, I believe that the worst of the housing market is behind us.  

Now, 2021 and 2022 were “Unicorn Years.” Euphoria fueled the housing market. I feel we’re also past that crazy and excitement and were getting back to something resembling the market prior to COVID.  

Once the Federal Reserve reduces rates, we will see a bump in housing prices. When this happens, many buyers on the sidelines will jump in. This could create a small frenzy to take advantage of the lower rates. When this happens, we could also see some inventory come onto the market, from the homeowners who have been putting off their move recently due to the higher rates. Experts predict the Federal Reserve will not reduce rates until we’re well into 2024. 

 

For home sellers

The market has recovered over the past few months and home sellers once again have the upper hand. Year over year, prices are still positive and buyer demand is strong. Also, if you bought in 2019, your homes value has increased by 75%. We haven’t seen the euphoria we saw this time last year, however many homes are selling with multiple offers and above asking. You just need the right agent with the right approach!

If you are considering selling your home, make sure you choose the best Realtor. Watch this video to make sure you are asking your potential realtor the RIGHT questions:  10 Questions You Must Ask Your Realtor Before Hiring Them. 

For home buyers

Buyers purchasing power has been decimated this year. Housing affordability nationwide is the worst it has ever been on record due to spiking home prices and interest rates, Bloomberg reports.

However, if you are in the market to purchase a home, you will find more homes available. There will still be competition on the best homes, so make sure you have everything ready to make an offer right when you find your dream home.

Should you buy a home right now?

It really depends on what you are looking to accomplish, your goals, and your timeline. If you are wondering if NOW is the right time to purchase, visit Is NOW a Good Time to Buy a House in Charlotte? We explore who should be purchasing a home and who should wait a little bit.

Is it a right time for you to buy or sell? 

We would love to connect with you, discuss your real estate goals and help you determine if now is a good time to buy/sell or if it is better to wait. Feel free to call us, text us, or email us. We would love to be your real estate resource of choice!

Let’s Connect Today!

Phone:

704-631-3977

Email:

info@thefinigangroup.com

Visit Us:

3440 Toringdon Way, ste 205

Charlotte NC 28277

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Charlotte North Carolina Housing Market Update May 2023

Charlotte North Carolina Housing Market Update May 2023

News flash: The Federal Reserve has upped the ante again, hiking interest rates. And if you’re wondering what kind of ripples this might cause in our bustling Charlotte housing scene, you’re in the right place!

We’re about to deep dive into the latest market insights, the nitty-gritty details that make all the difference. Whether you’re a buyer, a seller, or just a curious spectator in the dynamic game of real estate, we’ve got the lowdown you need.

 

 

So strap in, folks. This is your all-access pass to everything you need to know about the state of the Charlotte housing market. Join us as we peel back the layers of this crucial news and reveal what it means for you in the Queen City.

Charlotte North Carolina Housing Market Update:  May 2023

 

1. Housing Market Overview

2. Mortgage Rate & Effect On Housing Market

3. Number of New Listings

4. Number of Pending Listings

5. Number of Closed Homes

6. Average Sales Price

Homes For Sale in Charlotte, NC:

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Contact us today

1. Market Overview

The Charlotte North Carolina housing market has remained hot over the past few months. Rates have stabilized over the past month, which has lead to a stabilization in our housing market as well. Buyer demand remains high and homes are selling quickly, not as quickly as they have in previous years.. However, the average days on market is falling rapidly. 

It seems buyers have grown accustom to the higher interest rates and are back in the market taking advantage of the Spring/ Summer season. We’re not seeing the euphoria that we saw this time last year, however many homes are selling with multiple offers and above asking.  Our average days on market has declined from 61 days in February to 43 days in April. But it still, on average, takes longer to sell than this time last year.  

 

2. Mortgage Rate & Effect On Housing Market

The mortgage rates have proven to be one of the most influential factors affecting our local housing market.  Mortgage rates over the last decade have been historically low , and they were driven even lower by the massive stimulus campaigns by Jerome Powell and the Federal Reserve during the pandemic. 

The average mortgage rate in 2021 was 2.96%, the lowest we’ve ever seen.  Now though, rates are back up and have more than doubled since the pandemic era lows.  This leaves many would-be buyers who locked in lower rates, in recent years, reluctant to wade back into the real estate market. 

Charlotte Housing Market

We have recently seen the mortgage rates stabilize and hover around the 6-6.5% range.  This has caused our housing market to somewhat stabilize as well. 

Mortgage rates and Housing Market<br />

The Federal Reserve

The Federal Reserve met again May 2nd & May 3rd. The Federal reserve raised the prime rate by 25 basis points. This brought their prime rate to a target of 5-5.25%, which is the highest it’s been since 2007.h However, this may not be bad news for our housing market.  Redfin’s Deputy Chief Economist, Taylor Maru says: “The latest Fed’s rate hike should not affect mortgage rates as it was an expected move.”

Conformation of a pause, which the Federal Reserve all but stopped short of doing could have downward pressure or long-term bond yields and home buyers could see mortgage rate relief.  

The good news is recent data indicates that the Federal Reserves’ tightening policy seems to be working.  Sen though, some analysts say maybe too well – even the ongoing turmoil in the banking sector.  

 

Headline inflation coded to 5% in March – for the first time in nearly 2 years. This is well below the June 2022 peak of 91%.  This is a good sign, even though were far above the Federal Reserve’s 2% goal. 

Which, on the brighter side, Jerome Powell, acknowledged that the committee feels its work is much closer to the end than the beginning.  He signaled a pause may be in the cards BUT he put a Kibosh on the notion of a rate cut anytime soon. 

 

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

Why is this important? 

Home buyer’s don’t buy for price point, they buy for payment. Remember the rule of thumb, for ever 1% change in mortgage rates, affects a buyers purchasing power by 10%.   

Mortgage rates have a strong impact on the housing market. Inflation and the Federal Reserve’s decisions will affect the mortgage rate.

Find out how much your house is worth!

3. Number of New Listings

In April, 1255 new listings hit the market, which was an 18% decrease from the number of new listings in March 2023. Due to seasonal trends, we should have seen an increase in the amount of homes coming onto the market, however that wasn’t the case.  We saw a 30% decrease in the amount of new listings year over year. This shows us that many homeowners are still choosing not to put their homes on the market, which is keeping the Charlotte housing inventory low.

Low inventory isn’t just an issue in Charlotte, North Carolina.  We’re seeing this across the board, all over the United States. New Listings were down 20% year over year in the United States.

Redfin’s Chief economist Daryl Fairweather described the downturn in new listing inventory with a phrase thats been used in the labor markets to describe employees doing minimum work: “Homeowners are quiet quitting the housing market” 

Charlotte Housing Market  Low number of homes for sale

Even though the number of new listings hitting the market continues to decrease, the number of active listings on the market is up year over year.  There is an average of 2859 listings on the market this year.  Which is 25% higher than what we saw just a year prior. 

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

4. Number of Pending Sales

In April, 1309 homes in Charlotte NC accepted an offer. This was a 0% change from March 2023 and a 12% decrease from the amount of homes that accepted an offer in April 2022.  

Fewer homes listed = Fewer homes accepting offer’s.

So we saw the number of pending sales outpace the number of new listings, and with the exception of March, we’ve seen this trend since December 2022. This is important because this is a strong leading indicator as to where the market is going. The pending sales outpaced the number of new listings – so months inventory is decreasing. Overall, the number of available homes decreased over the past few months. 

 

 

Buyers Market | Increase In Inventory

If the number of new listings continuously outpace the number of pending sales, then we can expect the amount of homes for sale will increase. This means that there will be more homes avaliable and buyers will have more homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a buyers market. 

Sellers Market | Decrease In Inventory

If the number of pending sales continuously outpace the number of new listings, then we can expect the amount of homes for sale will decrease. This means that there will be less homes avaliable and buyers will have less homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a sellers market.

April  2023 New Listings: 1255 

April 2023 Pending Sales: 1309

With the exception of March, this trend has been consistent since December 2022. There are two factors that could have caused this trend:

1. Homeowners who would have put their homes on the market, are not.

2. The mortgage rates have slightly declined, increasing buyers purchasing power.

 

5. Number of Closed Homes

In April 1063 homes closed in Charlotte, which was a 13% decrease from March 2023 and a 27% decrease from April 2022. 

We have seen the number of closed homes continue to decrease, mainly due to fewer homes coming on the market. The number of closed homes is a lagging indicator. Since we have seen fewer newer listings and fewer pending homes, we can expect to see the number of closed homes to be lower. 

6. Average Sales Price

In April 2023, the average sales price was $526,500. This was a 2% increase from March 2023. Remember, sold home data is a lagging indicator. This means closed home data paints a picture of what happened 30-90 days previously in the housing market.  

We’ve seen the mortgage rates stabilize, which has lead to us seeing gradual changes in the price range, rather than extreme fluctuations in the market.  We’re still positive year over year, which is good for you home sellers.  

The average price in the United States is -3% year over year, so we’re outpacing the United States.  This is especially true when you look at markets like Austin, TX & San Francisco California!

For home sellers

The market has recovered over the past few months and home sellers once again have the upper hand.  Year over year prices are still positive and buyer demand is strong.  Also, if you bought in 2019, your homes value has increased by 75%. We aren’t seen the euphoria we saw this time last year, however many homes are selling with multiple offers and above asking.. you just need the right agent with the right approach

If you are considering selling your home, make sure you choose the best Realtor. Watch this video to make sure you are asking your potential realtor the RIGHT questions:  10 Questions You Must Ask Your Realtor Before Hiring Them. 

For home buyers

Buyers purchasing power has been decimated this year. Housing affordability nationwide is the worst it has ever been on record due to spiking home prices and interest rates, Bloomberg reports.

However, if you are in the market to purchase a home, you more homes available.  There will still be competition on the best homes, so make sure you have everything ready to make an offer right when you find your dream home.

Should you buy a home right now?

It really depends on what you are looking to accomplish, your goals, and your timeline. If you are wondering if NOW is the right time to purchase, visit Is NOW a Good Time to Buy a House in Charlotte? We explore who should be purchasing a home and who should wait a little bit.

 

Is it a right time for you to buy or sell? 

We would love to connect with you, discuss your real estate goals and help you determine if now is a good time to buy/sell or if it is better to wait. Feel free to call us, text us, or email us. We would love to be your real estate resource of choice!

 

Let’s Connect Today!

Phone:

704-631-3977

Email:

info@thefinigangroup.com

Visit Us:

3440 Toringdon Way, ste 205

Charlotte NC 28277

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Featured Neighborhoods

[Is The Worst Behind Us?] Charlotte North Carolina Housing Market Update March 2023

[Is The Worst Behind Us?] Charlotte North Carolina Housing Market Update March 2023

The Charlotte North Carolina Housing Market saw surge in activity. What does this mean for the rest of the year? Mortgage rates decreased in March. How will this affect our local Charlotte North Carolina housing market? Join Josh Finigan as he reviews the most up to date information on the Charlotte North Carolina housing market.

If you’re interested in staying “in the know” about the most up to date information on the Charlotte NC housing market than this video/article’s are for you!

Today we will look at the catalysts and trends that are affecting our Charlotte NC housing market, the leading and lagging indicators that can help us identify the current and future state of the housing market. We also discuss what we can expect from the Charlotte housing market in 2023.

 It seems like everyone has their own take on whats going to happen in this housing market.  Everywhere you look, you’ll find headlines preaching fear, uncertainty, and doubt. Our goal is to help you sift through all of the crazy headlines and focus specifically on the greater Charlotte area. Real estate is very local in nature and not all markets will be affected the same.

1. Housing Market Overview

2. Mortgage Rate & Effect On Housing Market

3. Number of New Listings

4. Number of Pending Listings

5. Number of Closed Homes

6. Average Sales Price

Homes For Sale in Charlotte, NC:

“Find what moves you”
Contact us today

1. Market Overview

The Charlotte North Carolina housing market saw some interesting trends in March 2023. According to recent data, home prices increased by 10% and the number of new listings hitting the market increased by 50% compared to the previous month. This surge in activity is indicative of a market that is heating up, which is not surprising given the season and the decline in mortgage rates.

Historically, the housing market tends to pick up in the spring and summer months, as families look to move before the start of the new school year. This is why we often see a spike in home sales and prices during this time. The increase in new inventory also suggests that sellers are feeling confident about the market and are putting their homes up for sale.

Another factor contributing to the current state of the housing market in Charlotte is the decline in mortgage rates. Lower rates mean lower monthly payments, which can make buying a home more affordable for many people. This can lead to increased demand for homes, which can drive up prices even further.

It is important to note that while the current trends may be encouraging for sellers, buyers may be faced with more competition for the most desired homes. However, buyers will also benefit from the amount of new inventory coming onto the market. Buyers will also benefit from the declining mortgage rate, helping increase buyers affordability and purchasing power.

Overall, the housing market in Charlotte North Carolina is showing signs of heating up, with increased activity and rising prices. While this may present unique challenges and opportunities for sellers and buyers, there’s still a lot of great opportunities for those of you looking to buy, sell, or invest in real estate. As always, it is important to stay up to date on the latest trends and market conditions in order to make informed decisions when buying or selling a home.

 

2. Mortgage Rate & Effect On Housing Market

The mortgage rates have proven to be one of the most influential factors affecting our local housing market. We saw that rates declined throughout the month of March. The declining mortgage rates coupled with seasonal trends lead to this marketing heating up! In March, the mortgage rate fell by around .5%. Which means home buyers gained 5% in purchasing power throughout the month of March.  

 

 

Charlotte North Carolina Housing Market. Mortgage rates in March 2023

When you combine declining mortgage rates and a strong seasonal push, you can better understand the surge in activity in our local housing market. But, why did we see mortgage rates fall?

The recent collapse of banks like Silicon Valley Bank and Signature Bank has had a significant impact on the mortgage industry, leading to a fall in mortgage rates. Banks are a major source of funding for mortgage loans, and when banks fail, it can disrupt the flow of capital into the market.

As banks struggle, investors seek out safer assets, such as bonds, which can lead to a drop in mortgage rates. This is because mortgage rates are tied to the rates on 10 year Treasury notes, which are themselves influenced by the demand for bonds.

The collapse of these banks has also led to increased scrutiny of the financial industry, with regulators looking closely at how banks are managing risk and ensuring the stability of the market. This increased oversight can lead to tighter lending standards and more conservative underwriting practices, which can in turn lead to lower mortgage rates.

Overall, the collapse of banks like Silicon Valley Bank and Signature Bank has had a significant impact on the mortgage industry, leading to a fall in mortgage rates. While this may present challenges for banks and investors, it represents a great opportunity for home buyers and home sellers out there.

Bank failures and mortgage rates

The Federal Reserve

The Federal Reserve met again on March 21 & 22nd. At this meeting they raised the federal funds rate by 25 basis points, taking the FED prime rate to a targeted range of 4.75% and 5%. This takes the federal funds rate to the highest levels since May 2006. They decided to continue to raise rates, in spite of the recent banking crisis. This shows us how seriously Jerome Powell is taking the inflation crisis. Jerome Powell note’s that inflation is slowing down, which is a good sign. He feels more work needs to be done, so the fight against inflation continues. We may just see a less aggressive fight than before. 

Jerome Powell goes on to say “Inflation remains too high and the labor market continues to be very tight.” He says, “Reducing inflation is likely to require a period of below trends growth and some softening in the labor market.” This means we may not see rate cuts in 2023.

We know that the Federal Reserve’s #1 goal is to bring inflation under the 2% target. While we have a long way to go to get below 2%, we’re moving in the right direction.  

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

If we look at the Federal Reserve Dot Plot, it shows the Fed’s prime rate peaking at 5.1%. This means we may only have one rate hike left.   

Currently, no officials are predicting rate cuts this year, although they do see rates coming down to 4.3% in 2024. 

 

Fed Dot Plots Mortgage Rate and hosuing market

What does this mean for mortgage rates?  

We may have seen the highest mortgage rates behind us, however they are unlikely to return to the rock bottom levels we saw in 2020 and 2021. 

We can expect mortgage rates to remain volatile. They will probably yo-yo a bit, at least until there is a firm consensus on when the fed will conclude raising rates. See below for the most recent predictions for mortgage rates to the end of 2023:

 

Mortgage rates through the end of 2023

3. Number of New Listings

In March, 1,530 new listings hit the market, which was an 50% increase from the number of new listings in February 2023. We can expect to see more people list their homes as we move further into Spring due to seasonal trends of the market. This is a strong sign though, buyers will welcome this increased inventory on the market. However, we saw a 6% decrease in the amount of new listings year over year. This shows us that we’re still below trend for the amount of new listings coming onto the market. However, we are getting closer to year over year norms. The number of new listings coming to the market have continuously decreased throughout 2022 and into 2023 and this surge in new inventory shows us that homeowners are now feeling more comfortable putting their home on the market. 

 

 

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

4. Number of Pending Sales

In March, 1,371 homes in Charlotte NC accepted an offer. This was a 19% increase from February 2023 and a 4% decrease from the amount of homes that accepted an offer in March 2022.  

We can expect the number of pending sales to increase, due to seasonal trends. However, there was a HUGE increase in the number of pending sales from February 2023 to March 2023. One strong reason for this could be the mortgage rates. As we stated before, the mortgage rates fell by around .5% through the month of March, this means that buyers have 5% more in purchasing power. Buyers affordability had a boost, so we saw a boost in the number of pending sales in March 2022. That coupled with strong seasonal trends, lead to a very active month in the Charlotte North Carolina housing market. 

One of the best leading indicators for the housing market is the number of new listings compared to number of pending sales. This helps us determine how to project the inventory levels we can expect in the future.

 

 

Buyers Market | Increase In Inventory

If the number of new listings continuously outpace the number of pending sales, then we can expect the amount of homes for sale will increase. This means that there will be more homes avaliable and buyers will have more homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a buyers market. 

Sellers Market | Decrease In Inventory

If the number of pending sales continuously outpace the number of new listings, then we can expect the amount of homes for sale will decrease. This means that there will be less homes avaliable and buyers will have less homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a sellers market.

March  2023 New Listings: 1,530 

March 2023 Pending Sales: 1,371

This was the first month in the past 4 months that the number of new listings outpaced the number of pending sales. This indicates that the amount of inventory on the market increased by 12% in March. March was very strong for buyers and sellers alike.  

 

1. Home Sellers: Home sellers saw a huge increase in the average sales price and buyer demand.  

2. Home Buyers: Home buyers saw a surge in new inventory, giving them more options to choose from. Home buyers also enjoyed falling mortgage rates, making the homes more affordable. 

 

5. Number of Closed Homes

In March 1,182 homes closed in Charlotte, which was a 37%  increase from February 2023 and a 3% increase from March 2022. 

We have seen the number of closed homes continuously decline throughout 2022. However, we were slightly higher than the year over year trends. Which could be due to a strong 2023 selling season this year. Inventory remains lower, so it will be interesting if this continues. The number of closed homes is a lagging indicator. Since we have seen fewer newer listings and fewer pending homes, we can expect to see the number of closed homes to be lower. 

6. Average Sales Price

March proved to be a very strong month for home sellers here in Charlotte, North Carolina. In March 2023, the average sales price was $513,000. This was a 10% increase from February 2023 and a 6% increase from the average sales price in March 2022. With March’s data, Charlotte home prices are only 3% off the peak of the market (in June 2022). We’ve seen a 13% increase in home prices since January 2023.

The Charlotte North Carolina average sales price is continuing to chart with the mortgage rates. We’ve seen lower rates, which has spurred more activity in the market and helped home prices appreciate. 

For home sellers

With strong seasonal trends and declining mortgage rates, the market has somewhat revitalized in the recent months. We have likely seen the peak of the mortgage rates, and with this a resurgence in homebuyer demand. Many homeowners have started to take advantage of the lower interest rates and started making a move, which has increased the total inventory on the market. However, this has not affected the demand for homes.  

If you are considering selling your home, make sure you choose the best Realtor. Watch this video to make sure you are asking your potential realtor the RIGHT questions:  10 Questions You Must Ask Your Realtor Before Hiring Them. 

For home buyers

Competiton for the best homes are increasing. However, the lower mortgage rates will help with overall affordability.  Also, more and more homeowners are deciding to put their homes on the market, which will allow more options for you to choose from. 

Strong strategies for buyers:

1. Ask for the seller to pay for your closing costs, and use the closing cost concession to “buy down” your mortgage rate.

2. If you have a home to sell, you can make an offer contingent on your home selling. Home sale contingencies have been almost impossible over the past few years, however, with the market softening more sellers are open to accepting a home sale contingency. 

Should you buy a home right now?

It really depends on what you are looking to accomplish, your goals, and your timeline. If you are wondering if NOW is the right time to purchase, visit Is NOW a Good Time to Buy a House in Charlotte? We explore who should be purchasing a home and who should wait a little bit. 

 

Is it a right time for you to buy or sell? 

It really depends on what you are looking to accomplish, your goals, and your timeline. We would love to connect with you, discuss your real estate goals and help you determine if now is a good time to buy/sell or if it is better to wait. Feel free to call us, text us, or email us. We would love to be your real estate resource of choice! 

 

Contact us through:

📱Call/Text Direct (704)-631-3977

📧Email: info@thefinigangroup.com

 

 

“Find what moves you”
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Mortgage Rates Fall For Third Week In A Row

Are you dreaming of owning your own home but struggling to keep up with the rising costs? Well, it seems the winds of change are blowing in your favor! For the third week in a row, mortgage rates have been falling faster than a rock dropped off a skyscraper!

Yes, you read that right – this is not an April Fool’s joke! The average rate on a 30-year fixed-rate mortgage has dropped to its lowest levels in 6 weeks. Mortgage buyer Freddie Mac reported today that the average on the benchmark 30-year rate fell for the third straight week, to 6.32%, from 6.42% last week, according to Freddie Mac. So, what does this mean for you as a potential home buyer or seller? Let’s find out!

Homes For Sale in Charlotte, NC:

Mortgage Rates 

The recent decline in mortgage rates is good news for prospective homebuyers, as many were pushed to the sidelines during the past year as the Federal Reserve cranked up its main borrowing rate nine straight times in a bid to bring down stubborn, four-decade high inflation.

“Economic uncertainty continues to bring mortgage rates down,” said Sam Khater, Freddie Mac’s chief economist. “Over the last several weeks, declining rates have brought borrowers back to the market but, as the spring home buying season gets underway, low inventory remains a key challenge for prospective buyers.”

After hitting a 2022 high of 7.08% in November, rates started 2023 trending down. However, they climbed again in February, after robust economic data suggested the Federal Reserve was not done in its battle to cool the US economy and would likely continue hiking its benchmark lending rate.

Last week the Federal Reserve did raise interest rates — by a quarter point — in an effort to continue to fight stubbornly high inflation while taking into account recent risks to financial stability.

In their latest quarterly economic projections, Fed policymakers forecast that they expect to raise that key rate just once more — from its new level of about 4.9% to 5.1%, the same peak they had projected in December.

mortgage rates fall<br />

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Home Prices & Supply

Also helping buyers, home prices appear to be leveling off. The national median home price slipped 0.2% from February last year to $363,000, marking the first annual decline in 13 years, according to the National Association of Realtors.

One thing that hasn’t gotten much better is the supply of homes. “Over the last several weeks, declining rates have brought borrowers back to the market but, as the spring homebuying season gets underway, low inventory remains a key challenge for prospective buyers,” said Sam Khater, Freddie Mac’s chief economist.

While recent months have seen a dip in housing prices, the persistently low inventory levels are acting as a crutch for the housing market, preventing it from softening further. With fewer homes available for purchase, competition amongst buyers is more fierce, making it increasingly difficult for first-time homebuyers and those on a tight budget to enter the market.  Buyers continue to be very sensitive to mortgage rates and are expected to eye any more dips this spring as an opportunity. 

 “Pent-up housing demand is evident with every gain in affordability, whether it be softening prices or lower mortgage rates,” said Hannah Jones, economic data analyst at Realtor.com. “As the prime spring buying season takes off, buyers will be looking for well-priced, ready-to-move-in homes.” 

While applications for home purchases and refinances are still well below levels from a year ago, both have increased for four consecutive weeks, according to MBA.

“New and existing supply is still low, but lower mortgage rates and slower home-price growth have improved buyers’ purchasing power this spring,” he said.

 

 

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What Impacts Mortgage Rates?

While the Fed’s rate hikes do impact borrowing rates across the board for businesses and families, rates on 30-year mortgages usually track the moves in the 10-year Treasury yield, which lenders use as a guide to pricing loans. Investor expectations for future inflation, global demand for U.S. Treasurys and what the Federal Reserve does with interest rates can also influence the cost of borrowing for a home.

Treasury yields have fluctuated wildly since the collapse of two mid-size U.S. banks two weeks ago. The yield on the 10-year Treasury, which helps set rates for mortgages and other important loans, was 3.57% Thursday, but had been above 4% early in March.

 

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What Does The Future Hold?

The housing market outlook remains uncertain because the recent financial market stress has caused banks to tighten lending standards, which could make it harder for prospective homebuyers to borrow. Supply also remains tight, which some economists say could prevent a significant decline in house prices. The recent trend of falling mortgage rates is good news for home buyers and sellers, but there are still challenges that need to be addressed.

If you’re a home buyer, now may be a good time to take advantage of the lower rates and start your home search. If you’re a home seller, the current trend in falling rates could mean increased demand for your home, but you’ll want to work with a trusted real estate agent to ensure that you get the best price for your home.  

If you are considering buying, selling, or investing in real estate and are wondering if NOW is the right time for you, feel free to reach out.  We would love to help guide you to make the best decision for your family!

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Charlotte North Carolina Housing Market Update March 2023

Charlotte North Carolina Housing Market Update March 2023

Get the inside scoop on the Charlotte North Carolina Housing Market with Josh Finigan! With recent activity in the market, everyone’s wondering if it can last. Plus, with mortgage rates rapidly increasing in February, the big question on everyone’s mind is how this will affect the local Charlotte North Carolina housing market.

Join Josh as he reviews the most up to date information on the Charlotte North Carolina housing market. Stay ahead of the news and media, and know exactly whats going on in our local housing market. Don’t miss out, watch the video or read the article now!

Join us today as we dive deep into the Charlotte NC housing market and explore the catalysts and trends that are currently shaping its future. Don’t let fear and doubt control your decisions. Know whats actually going on in our Charlotte housing market, so you can make the best decision for you and your family.

Plus, get an exclusive sneak peek into what we can expect from the Charlotte housing market in 2023. Real estate is a local game, and we’re here to help you navigate it with confidence. Don’t miss out on this informative and exciting discussion. In this article, we will discuss: 

1. Housing Market Overview

2. Mortgage Rate & Effect On Housing Market

3. Number of New Listings

4. Number of Pending Listings

5. Number of Closed Homes

6. Average Sales Price

Homes For Sale in Charlotte, NC:

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1. Market Overview

Hold onto your hats, because the Charlotte North Carolina housing market is on fire! February 2023 brought even more heat to an already hot market, with pending sales outpacing new listings for the third month in a row. Translation? Buyer demand is soaring while housing inventory is dwindling. The average home price in Charlotte NC also rose by 3% month over month. It’s a wild ride in our local Charlotte North Carolina housing market, but our experts are here to help you make sense of it all.

So, what’s causing all this frenzy? Look no further than the lower interest rates. From their high point of 7.1% back in November 10th, rates have plummeted to 5.99% by the end of January. Combined with strong seasonal trends, buyers are feeling more confident than ever in their purchasing power and are snatching up properties left and right. Don’t be left in the dust. Stay ahead of the game and tune in now to get the inside scoop on the Charlotte NC housing market!

2. Mortgage Rate & Effect On Housing Market

The mortgage rates have proven to be one of the most influential factors affecting our local housing market. In 2022, November 10th marked the peak of mortgage rates. 

However, since then, rates have been steadily declining, reaching an impressive low of 5.99% by the end of January. With the decline in the mortgage rates, we saw very strong pending sale data. The market responded immediately to the increase in buyers purchasing power.  

Housing Market Charlotte North Carolina Mortgage rates<br />

The surge in rates in February made waves in the Charlotte housing market, warranting a closer look from buyers and sellers alike. Rates surged from 6% to 6.65%, causing buyers to lose a staggering 6.5% of their purchasing power within the span of a single month.

This dramatic shift in the mortgage rates remind us that we may see more turbulence in the housing market over the next few months.

 

 

Mortgage rates and Housing Market<br />

The Federal Reserve

The Federal Reserve will meet again March 21 & March 22. The market is predicting the federal reserve to increase the prime funds rate by 25 basis points, however due to recent unfavorable inflation data, many believe a 50 basis point is becoming more and more likely.  

We know that the Federal Reserve’s #1 goal is to bring inflation under the 2% target. While we have a long way to go to get below 2%, we’re moving in the right direction.  

Selling A House Shouldn’t be Stressful

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Why is this important? 

Home buyer’s don’t buy for price point, they buy for payment. Remember the rule of thumb, for ever 1% change in mortgage rates, affects a buyers purchasing power by 10%.   

 

Find out how much your house is worth!

3. Number of New Listings

In February, 1017 new listings hit the market, which was an 6% increase from the number of new listings in January 2023. We can expect to see more people list their homes as we get closer and closer to spring, due to seasonal trends of the market. However, we saw a 21% decrease in the amount of new listings year over year. This shows us that many homeowners are still choosing not to put their homes on the market, which is keeping the Charlotte housing inventory low.

The number of new listings coming to the market have continuously decreased throughout 2022 and into 2023. The year over year trends show a huge discrepancy in the amount of homes hitting the market. Most homeowners in the United States have a mortgage rate under 5% (many around 2-3.5%) , which could be persuading them to not make a move. If a homeowner wants to move, they would need to purchase a home at a much higher interest rate.

 

 

Charlotte Housing market

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

4. Number of Pending Sales

In February, 1217 homes in Charlotte NC accepted an offer. This was a 12% increase from January 2023 and a 5% decrease from the amount of homes that accepted an offer in February 2022.  

Fewer homes listed = Fewer homes accepting offer’s.

We can expect the number of pending sales to increase, due to seasonal trends. However, there was a large increase in the number of pending sales from January  2023 to February 2023. One strong reason for this could be the mortgage rates. As we stated before, the mortgage rates fell by around 1.2% since their highs in November 2022, this means that buyers have 12% more in purchasing power. Buyers affordability had a boost, so we saw a boost in the number of pending sales in February 2023. 

One of the best leading indicators for the housing market is the number of new listings compared to number of pending sales. This helps us determine how to project the inventory levels we can expect in the future.

 

 

Buyers Market | Increase In Inventory

If the number of new listings continuously outpace the number of pending sales, then we can expect the amount of homes for sale will increase. This means that there will be more homes avaliable and buyers will have more homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a buyers market. 

Sellers Market | Decrease In Inventory

If the number of pending sales continuously outpace the number of new listings, then we can expect the amount of homes for sale will decrease. This means that there will be less homes avaliable and buyers will have less homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a sellers market.

 

February  2023 New Listings: 1017 

February 2023 Pending Sales: 1217

This was the third month in a row that the number of pending sales out numbered the number of new listings. There are two factors that could have caused this trend:

1. Homeowners who would have put their homes on the market, are not.

2. The mortgage rates have slightly declined, increasing buyers purchasing power.

 

5. Number of Closed Homes

In February 816 homes closed in Charlotte, which was a 22% increase from January 2023 and a 30% decrease from February 2022. 

We have seen the number of closed homes continue to decrease, mainly due to fewer homes coming on the market. The number of closed homes is a lagging indicator. Since we have seen fewer newer listings and fewer pending homes, we can expect to see the number of closed homes to be lower. 

6. Average Sales Price

In February 2023, the average sales price was $470,000. This was a 3% increase from January 2023. Remember, sold home data is a lagging indicator. This means closed home data paints a picture of what happened 30-90 days previously in the housing market.  

Most likely, the homes that closed in February 2023, accepted an offer in December or January. This means those buyers could have locked in a lower interest rate (by .75% to 1%), which means they had more purchase power. Due to this, we can expect to see the average sales price increase in March as well. However, the “party” may not last, as we have recently seen the mortgage rates surge. This could put more pressure on the overall housing market, which means we could see the market continue to soften.

Even though Charlotte has seen an average home price drop of 12% since June, we still see a healthy year over year appreciation of 3%. Charlotte is also outpacing the United States as a whole. The United States just experienced the first negative year over year home price appreciation since the Great Recession.  

United States Average home price Redfin

We can expect to see this inflection point to cause fear, uncertainty & doubt in the housing market. The media loves their salacious news, this could scare buyers and make them a bit more timid, causing more ripples in the housing market for March and April.

Even thought the Charlotte, NC housing market has soften, we are still outperforming the United States as a whole. The economic factors plus mortgage rates will affect everywhere, however some cities will be affected more than others. 

For home sellers

The market has softened from the peaks we saw in Q1 & Q2, however we are coming off the best time in history to sell a home. You’re still seeing double digit year over year price appreciation. Also, if you bought in 2019, your homes value has increased by 75%. Will you see more competition on the market? Yes! However, homes are still selling, you just need the right agent with the right approach

If you are considering selling your home, make sure you choose the best Realtor. Watch this video to make sure you are asking your potential realtor the RIGHT questions:  10 Questions You Must Ask Your Realtor Before Hiring Them. 

For home buyers

Buyers purchasing power has been decimated this year. Housing affordability nationwide is the worst it has ever been on record due to spiking home prices and interest rates, Bloomberg reports. 

However, if you are in the market to purchase a home, you will find more avaliable homes to choose from. You may find you can negotiate more on the sales price and other terms. You could ask the seller to pay for your closing costs and/or a home warranty.

Strong strategies for buyers:

1. Ask for the seller to pay for your closing costs, and use the closing cost concession to “buy down” your mortgage rate.

2. If you have a home to sell, you can make an offer contingent on your home selling. Home sale contingencies have been almost impossible over the past few years, however, with the market softening more sellers are open to accepting a home sale contingency. 

Should you buy a home right now?

It really depends on what you are looking to accomplish, your goals, and your timeline. If you are wondering if NOW is the right time to purchase, visit Is NOW a Good Time to Buy a House in Charlotte? We explore who should be purchasing a home and who should wait a little bit. 

 

Is it a right time for you to buy or sell? 

We would love to connect with you, discuss your real estate goals and help you determine if now is a good time to buy/sell or if it is better to wait. Feel free to call us, text us, or email us. We would love to be your real estate resource of choice! 

 

Contact us through:

📱Call/Text Direct (704)-631-3977

📧Email: info@thefinigangroup.com

 

 

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Contact us today

Is the Charlotte NC Housing Market Crashing?  February NC

Is the Charlotte NC Housing Market Crashing? February NC

Charlotte NC home prices saw a sharp decline of 8% in January. Is the Charlotte NC housing market crashing? The Charlotte NC housing market is changing rapidly. In January alone the average sales price here in Charlotte NC dropped by 8%. If you’re interested in staying “in the know” about the most up to date information on the Charlotte NC housing market than this video/article’s for you!

Today we will look at the catalysts and trends that are affecting our Charlotte NC housing market, the leading and lagging indicators that can help us identify the current and future state of the housing market. We also discuss what we can expect from the Charlotte housing market in 2023.

 It seems like everyone has their own take on whats going to happen in this housing market.  Everywhere you look, you’ll find headlines preaching fear, uncertainty, and doubt. Our goal is to help you sift through all of the crazy headlines and focus specifically on the greater Charlotte area. Real estate is very local in nature and not all markets will be affected the same.

1. Housing Market Overview

2. Mortgage Rate & Effect On Housing Market

3. Number of New Listings

4. Number of Pending Listings

5. Number of Closed Homes

6. Average Sales Price

Homes For Sale in Charlotte, NC:

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Find out how much your house is worth!

1. Market Overview

The Charlotte NC housing market started out with a ‘Bang’ in January 2023. The amount of pending sales increased rapidly, while the average home price dropped by over 8%. Numerous factors are: The average home price in Charlotte NC has dropped by 14% since the top of the market (In June 2022). However, the amount of pending sales increased by 80% from December 2022 to January 2023. To identify the fluctuation in the housing market, we can take a look at one of the major factors, the mortgage rate. 

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2. Mortgage Rate & Effect On Housing Market

The mortgage rates have proven to be one of the most influential factors affecting our local housing market. We can see that November 10th of 2022 proved to be the peak for mortgage rates in 2022. Since the peak in November, the mortgage rates have steadily fallen to end the year at 6.42%. 

Mortgage Rates in the United States affecting the housing market

In real time, we can see the effects in our local housing markets. Pending sales were very strong towards the end of December and into January. The mortgage rate started at 6.48% in January and steadily fell to over just above 6% at the end of January. 

 

 

When will the Charlotte Housing market crash

The Federal Reserve

The Federal Reserve met again on January 31st & February. At this meeting they raised the federal funds rate by 25 basis points, taking the FED prime rate to a targeted range of 4.5% and 4.75%. This takes the federal funds rate to the highest since October 2007. Currently, the market’s predicting the FED will raise rates one last time in March 2023. After this last rate hike, it’s expected the FED will keep rates where they are until the end of the year. This means, unless worsening inflation data is released, we are getting very close to the end of the FED’s rate hikes.

We know that the Federal Reserve’s #1 goal is to bring inflation under the 2% target. While we have a long way to go to get below 2%, we’re moving in the right direction.  

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

Why is this important? 

Home buyer’s don’t buy for price point, they buy for payment. Remember the rule of thumb, for ever 1% change in mortgage rates, affects a buyers purchasing power by 10%.   

 

Find out how much your house is worth!

3. Number of New Listings

In January, 954 new listings hit the market, which was an 50% increase from the number of new listings in December 2022. We can expect to see more people list their homes as we enter into the new year due to seasonal trends of the market. However, we saw a 19% decrease in the amount of new listings year over year. This shows us that many homeowners are still choosing not to put their homes on the market, which is keeping the Charlotte housing inventory low. The number of new listings coming to the market have continuously decreased throughout 2022 and into 2023. The year over year trends show a huge discrepancy in the amount of homes hitting the market. Most homeowners in the United States have a mortgage rate under 5% (many around 2-3.5%) , which could be persuading them to not make a move. If a homeowner wants to move, they would need to purchase a home at a much higher interest rate.

 

 

Charlotte Housing market

Selling A House Shouldn’t be Stressful

There is a pro-active way to sell your home that gets results

4. Number of Pending Sales

In January, 1107 homes in Charlotte NC accepted an offer. This was a 80% increase from December 2022 and a 9% decrease from the amount of homes that accepted an offer in January 2022.  

Fewer homes listed = Fewer homes accepting offer’s.

We can expect the number of pending sales to increase, due to seasonal trends. However, there was a HUGE increase in the number of pending sales from December 2022 to January 2023. One strong reason for this could be the mortgage rates. As we stated before, the mortgage rates fell by around 1% since their highs in November 2022, this means that buyers have 10% more in purchasing power. Buyers affordability had a boost, so we saw a boost in the number of pending sales in January 2022. 

One of the best leading indicators for the housing market is the number of new listings compared to number of pending sales. This helps us determine how to project the inventory levels we can expect in the future.

 

 

Buyers Market | Increase In Inventory

If the number of new listings continuously outpace the number of pending sales, then we can expect the amount of homes for sale will increase. This means that there will be more homes avaliable and buyers will have more homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a buyers market. 

Sellers Market | Decrease In Inventory

If the number of pending sales continuously outpace the number of new listings, then we can expect the amount of homes for sale will decrease. This means that there will be less homes avaliable and buyers will have less homes to choose from. If this trend continues, then you can expect for the market to eventually transition to a sellers market.

 

January 2023 New Listings: 954 

January 2023 Pending Sales: 1107

This was the second month in a row that the number of pending sales out numbered the number of new listings. There are two factors that could have caused this trend:

1. Homeowners who would have put their homes on the market, are not.

2. The mortgage rates have slightly declined, increasing buyers purchasing power.

 

5. Number of Closed Homes

In January 647 homes closed in Charlotte, which was a 28% decrease from December 2022 and a 48% decrease from January 2022. 

We have seen the number of closed homes continuously decline throughout 2022. The number of closed homes is a lagging indicator. Since we have seen fewer newer listings and fewer pending homes, we can expect to see the number of closed homes to be lower. 

6. Average Sales Price

In January 2023, the average sales price was $456,000. This was a 8% decrease from December 2022. Remember, sold home data is a lagging indicator. This means closed home data paints a picture of what happened 30-90 days previously in the housing market.  

Most likely, the homes that closed in January 2023, accepted an offer in mid November 2022.  This means those buyers were faced with the highest mortgage rates of 2022. We know that buyers buy for payment, and they had the lowest affordability. This pressure on buyer affordability shows up in the closed home data of January 2023.  

This means we are now down 14% from the peak of the market in June 2022. 

Even though Charlotte has seen an average home price drop of 6% since June, we still see a healthy year over year appreciation of 6%. Charlotte is also outpacing the United States as a whole. The United States is only seeing a year over year appreciation of 1%. 

Even thought the Charlotte, NC housing market has soften, we are still outperforming the United States as a whole. The economic factors + mortgage rates will affect everywhere, however some cities will be affected more than others. 

For home sellers

The market has softened from the peaks we saw in Q1 & Q2, however we are coming off the best time in history to sell a home. You’re still seeing double digit year over year price appreciation. Also, if you bought in 2019, your homes value has increased by 75%. Will you see more competition on the market? Yes! However, homes are still selling, you just need the right agent with the right approach

If you are considering selling your home, make sure you choose the best Realtor. Watch this video to make sure you are asking your potential realtor the RIGHT questions:  10 Questions You Must Ask Your Realtor Before Hiring Them. 

For home buyers

Buyers purchasing power has been decimated this year. Housing affordability nationwide is the worst it has ever been on record due to spiking home prices and interest rates, Bloomberg reports. 

However, if you are in the market to purchase a home, you will find more avaliable homes to choose from. You may find you can negotiate more on the sales price and other terms. You could ask the seller to pay for your closing costs and/or a home warranty.

Strong strategies for buyers:

1. Ask for the seller to pay for your closing costs, and use the closing cost concession to “buy down” your mortgage rate.

2. If you have a home to sell, you can make an offer contingent on your home selling. Home sale contingencies have been almost impossible over the past few years, however, with the market softening more sellers are open to accepting a home sale contingency. 

Should you buy a home right now?

It really depends on what you are looking to accomplish, your goals, and your timeline. If you are wondering if NOW is the right time to purchase, visit Is NOW a Good Time to Buy a House in Charlotte? We explore who should be purchasing a home and who should wait a little bit. 

 

Is it a right time for you to buy or sell? 

It really depends on what you are looking to accomplish, your goals, and your timeline. We would love to connect with you, discuss your real estate goals and help you determine if now is a good time to buy/sell or if it is better to wait. Feel free to call us, text us, or email us. We would love to be your real estate resource of choice! 

 

Contact us through:

📱Call/Text Direct (704)-631-3977

📧Email: info@thefinigangroup.com

 

 

“Find what moves you”
Contact us today