The Pulse of Charlotte Real Estate: What Buyers and Sellers Need to Know in Today’s Market
By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Pulse of Charlotte Real Estate: What Buyers and Sellers Need to Know in Today’s Market I'm smack dab in the middle of the Charlotte Metro, serving both South Western (the Piedmont region of the state) NC & Northern SC. My entire market, in general, has slowed considerably in the past year; however, we remain in a sellers market. Buyers are seriously looking (MANY with cash) and some are sitting on the sidelines until "rates stabilize" I don't believe this to be a smart move, financially!Why is it not smart to wait? As I watch our prices rise, along with the interest rates, I'm seeing buyers lose the opportunity to buy within the price range they had hoped to buy. I'd rather buy NOW, pay the higher rate, watch my equity grow over the next year or two, then refinance, if need be.Per t...
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