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Buying/Selling A Charlotte Area Home? The Difference One Hour Can Make

By
Real Estate Agent with Coldwell Banker Realty 179530

 

As Daylight Savings Time Begins...

Will One Hour Make A Difference In The Housing Market?

 

Sunday morning, in many parts of the United States, we "sprang forward" and moved our clocks up by one hour.  For many of us, that lost hour of sleep made a huge difference in how we felt on Sunday and even today!  But did you know that just one hour in the housing market can also make a difference?

 

 

The Difference One Hour Makes In The Housing Market: Infographic

 

 The Difference One Hour Can Make In The Housing Market

 

 

If you're a home seller, it's obviously wonderful news that each hour not only do 568 homes sell, but also that median home values increase by $1.92 compared with $1.38 last fall. The time to sell is NOW!

 

If you're a home buyer, this should tell you that the longer you wait, the more you will pay for a home. And with inventory remaining razor-thin there are fewer homes to choose from.The time to buy is NOW!

 

 

Want to know more what this means for your family if you decide to buy or sell a home in the Charlotte region?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE.  

 

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

Search all Charlotte area homes for sale

 

free home listing alerts from greathomesincharlotte.com

 

 

 

WONDERING WHAT YOUR CHARLOTTE METRO AREA HOME IS WORTH TODAY?

 

How Much Is My Charlotte Home Worth? 

 

 

This housing market update is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts. We've been opening doors for Charlotte region home buyers a sellers for 20+ years.

 

If you're considering selling or purchasing a home in the Charlotte metro area, I'd love an opportunity to earn your business, exceed your expectations, and to show you how:

 "The Right Broker Makes All The Difference." 

 

 

Great Homes In Charlotte

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Doug Dawes hi Doug... that equates to $46.08 per day, $322.56 per week, $16,773 per year. That equity can add up!

Mar 09, 2020 08:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... I did the same on Saturday night. For some reason, the last few years this change hits me the way jet lag does.

Mar 09, 2020 08:24 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

When we fly to states with an hour difference, we are not affected at all.  Our Utah trip was a perfect example, the same with AZ.  A

Mar 09, 2020 08:33 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - A great title to your post to get eyes on it.  An hour can make a difference.  In fact, any small segment of time can have an effect. Submitting an offer electronically 1 minute after another was accepted. Buyers need to act quickly if they find what they are looking for. 

Mar 09, 2020 08:36 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... a one hour difference in time has no impact on me when I fly... but this one hour loss of sleep makes me feel the way I do when I'm jet-lagged.

Mar 09, 2020 08:53 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® hi Sheri... that's a great point... that a minute can have a devastating impact even when you submit offers one minute too late.

Mar 09, 2020 08:54 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Nina - a clever way to highlight the importance of time when in comes to Charlotte area real estate.  Are you used to the change in the amount of day "light" and "night" so far?  

Mar 09, 2020 09:08 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Michael Jacobs hi Michael... whatever it takes to get someone's attention! I'm still dragging a bit today... even my cat and dog are still confused by the time change.

Mar 09, 2020 09:30 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Nina Hollander - As they say, what a difference a day makes... But when you break that down to an hour or minutes, WOW! Suddenly, you get it!!!

Good post, as always. 

Mar 09, 2020 09:53 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Patricia Feager, MBA, CRS, GRI,MRP thanks, Patricia. But now you're going to have me singing that song in my head the rest of the day! 

Mar 09, 2020 09:57 AM
Patricia Feager, MBA, CRS, GRI,MRP

LOL - Sing it baby! Sing! Sing! Sing! and be happy

Mar 09, 2020 10:01 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Nina,
Those statistics are quite interesting. I'd never thought about how many homes sell in one hour.   I'm not a big fan of time changes. I wish they'd just pick a time and stick with it. 

Mar 09, 2020 12:13 PM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Wow! Interesting numbers!

Not something I would have even thought of!

Mar 09, 2020 01:32 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Carol Williams hi Carol... you and me both... pick a time and stick with it. What we do accomplishes very little at the end of the day.

Mar 09, 2020 02:27 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sharon Tara hi Sharon... sometimes you have to get people's attention by making them think about something in a different way.

Mar 09, 2020 02:28 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina that is a lot of home sales per hour.  But I still want my one hour of sleep back

Mar 09, 2020 04:32 PM
James Dray
Fathom Realty - Bentonville, AR

Morning Nina.

I'm going to drive by a home that hit the market yesterday.  It's in our price range.  If it looks good I want to get it before it goes up another 1.92.  

Mar 10, 2020 01:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto you and me both, George. It's now the third day and I'm still not 100%!.

Mar 10, 2020 03:17 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

James Dray hi James...need I remind you it's $1.92 an hour... so make sure you don't tarry! :)

Mar 10, 2020 03:18 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Tuesday morning, Nina.

Have a great day and a very productive week.

Mar 10, 2020 05:39 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley good morning, Roy... thank you... and wishing you a terrific Tuesday, as well.

Mar 10, 2020 05:40 AM