Both home prices and interest rates are projected to increase throughout 2021. So this spring weekend is the perfect time to find a new home in the Greater Charlotte area and lock in your housing costs for years to come.
And it's worth pointing out that the average home is worth about 10% more today than it was one year ago. Why delay building your own long-term wealth through homeownership?
TOP 4 REASONS TO OWN A HOME
Nina Hollander/Carolinas Realty Partners Can Help … (22 comments)
Latest news on the Charlotte region real estate market and what it means for you...
Fourth Quarter 2020 Charlotte, North Carolina region's home sales continued the trends we've seen since 2015. Home buyers continued to find the housing market very competitive with higher home prices and an extreme lack of properties to buy, especially in affordable homes priced under $300,000. Buyers looking for a bargain remained "hard pressed" to find one.
Meantime, home sellers continud to sell their homes quickly and for top dollar, when priced right for condition and location. The "story" of the fourth quarter 2020 might well … (27 comments)
Keep Your Pets & Christmas Trees Safe This Christmas
Christmas trees have been going up all over the Charlotte area. If you have pets in your home, it's vital to know the basic ways to keep your pets and your Christmas tree safe. Why ruin a happy holiday season by taking chances with your pets' well-being?
Check out thegreat infographic below listing 7 easy-to-follow Christmas Tree Pet Safety tips from dogster.com and catser.com.
CHRISTMAS TREE PET SAFETY TIPS: INFOGRAPHIC
Wishing You A Pawsitively Merry Christmas!
Featured Holiday Pet Safety Picture Courtesy of Pinterest via hellonnaturblog.com
These tips for Christmas tree pet safety are brought to you by Nina … (26 comments)
The Greater Charlotte area ranks #3 as one of the 10 hottest housing markets positioned for growth in 2021 according to Realtor.com's Top Housing Markets Report for 2021, released December 7th.
Realtor.com predicts a year-over-year sales growth for the Greater Charlotte market of 13.8% in the coming year and a price growth of 5.8% year-over-year. According to Realtor.com, "home buyers, particularly first-time buyers, looking in one of these markets should expect rising prices and heavy competition. Meanwhile, sellers will remain in a position of power, but will find themselves … (40 comments)
A recent realtor.com haunted house survey found that 56% of homeowners who think they live in a haunted house said they would not move. Interestingly, 54% of surveyed homeowners who think they live in a haunted house said they knew that before they purchased the house.
When asked, if they could live in a haunted house, 70% of women said no, but only 54% of men said no. A survey by Clever Real Estate in 2019 of 1,015 Americans indicated that millenials are 13 times more likely to purchase a haunted house than … (40 comments)
Have you been thinking about finding a new Charlotte area home this fall in time for the holiday season? Why not start your search on my website, www.GreatHomesInCharlotte.com?
Whether you're looking to down-size, up-size, right-size; for a single family home, a townhome or condo, a new construction home, an active adult community, a home on one of Charlotte area lakes or golf courses, I can help you find that special home you can fall in love with. And it's easy to start … (24 comments)
If you've been thinking about downsizing your home, here's a 5-step strategy to get you started in determining your goals and needs, finding your dream home, selling your current home, packing up your home and moving. Low interest rates make it a great time to sell your home and find a new, smaller home.
In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or even the simple act of growing … (28 comments)
When you're buying a home in North Carolina one of the most important decisions you need to make is about purchasing title insurance. If you are financing your home, your lender will require title insurance to cover the amount of the mortgage. Home buyers often confuse title insurance with home owner's insurance. However, title insurance and home insurance are two totally different things (and clearly you will need both). One big difference is that you pay an annual premium for your homeowner's insurance, while there are … (26 comments)
To determine the best local real estate markets in the USA, WalletHub compared 300 cities of varying sizes across 24 key indicators of housing-market attractiveness and economic strength. For more information about the methodology used by WalletHub to rank the best US real estate markets, click here.
Source: WalletHub Thinking About Moving To Charlotte?
Even though Charlotte's Stay-At-Home restrictions have now been modified to "Safer-At-Home" and Charlotte Realtors® are again considered an essential service, if you're still not totally confident about searching for and touring homes in person, you can begin your search from home and from your phone.
Ready To Start Looking For Your Charlotte Area Home?
If you're ready to start looking for a Charlotte area home, Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty can help you. We can make your home search easy, safe and stress-free. And you can do it from the comfort … (24 comments)
Latest news on how Corona Virus impacted the Charlotte region's real estate market in April and what it means for you...
Normally, the month of April in the 16-county Charlotte region is one of our busiest home sales months of the year. Corona virus restrictions on showings and stay-at-home orders from late March through April significantly impacted home sales in the Charlotte region; especially so in Mecklbenburg County, where Charlotte is located and where we saw the most onerous restrictions on home showings.
Closed Sales: down 20.8% year-over-year and down 16.9% … (28 comments)
12-Month Home Sales Report For 500+ Charlotte Area Neighborhoods: April 2020
If you're wondering how home sales fared in Charlotte metro area subdivisions in April 2020, here's a list of 500+ Charlotte metro neighborhoods where at least one home sold each month in the past 12 months. The report includes neighborhoods in Charlotte, Waxhaw, Matthews, Mint Hill, Indian Trail, Stallings, Belmont, Mount Holly, Gastonia, Pineville, Davidson, Cornelius, Huntersville, Monroe, Concord, Mooresville, and more.
Charlotte region ended April 2020 with just 1.8 months supply of inventory of homes (down 28% year-over-year). The lack of inventory pushed median home prices up 8.1% to $275,000 and average home prices up 7.1% to $325,403 for the month ended April 30, … (10 comments)
Charlotte region home showings were negatively impacted by the onset of COVID-19 and attendant stay-at-home orders in both North and South Carolina. Below are charts showing just how much home showings were impacted in four of the Charlotte region's highest demand cities/towns in April 2020 as compared with April 2019 and with the two months preceding April 2020. No doubt the months of March and April 2020 were "brutal" in terms of the impact of the pandemic on Charlotte region homes showings. With the expected gradual lifting of restrictions in May throughout the region the hope is … (24 comments)
Latest news on how COVID-19 is affecting the Charlotte region real estate market and what it means for you...
The impact of shuttered businesses and shelter at home orders due to COVID-19 became more apparent in Charlotte region's housing market activity for the weeks ended April 11th and April 18th compared with the last half of March and the first half of April.
COVID-19 impact for the weeks ended April 11th and April 18th showed continued year-over-year decreases in new listings, in pending sales, in inventory. Meantime, inventory remained tight with less than two months supply of homes for … (12 comments)
12-Month Home Sales Report For 475+ Charlotte Area Neighborhoods: March 2020
If you're wondering how home sales fared in Charlotte metro area subdivisions in March 2020, here's a list of 475+ Charlotte metro neighborhoods where at least one home sold each month in the 12 months. The report includes neighborhoods in Charlotte, Waxhaw, Matthews, Mint Hill, Indian Trail, Stallings, Belmont, Mount Holly, Gastonia, Pineville, Davidson, Cornelius, Huntersville, Monroe, Concord, Mooresville, and more.
Charlotte region ended March 2020 with just 1.7 months supply of inventory of homes (down 32% year-over-year). Buyer demand outpaced supply of homes for sale throughout 2019 and throughout the first quarter of 2020. The lack of inventory pushed median home … (4 comments)
Charlotte region ended 2019 as a seller's market and has remained a seller's market in the first three months of 2020 with inventory remaining extremely tight, dropping 25.3% in March 2020 compared with March 2019.
The impact of the COVID-19 pandemic was not yet felt in March, but we are prepared to see some impact in April once the effect of shelter-in-place orders can be measured.
Lack of inventory resulted in higher home sale prices year-over-year. Average sale prices increased 8.7% to $315,243 and median sale prices increased 11.3% year-over-year to $271,500. Both average and … (14 comments)
Latest news on how COVID-19 is affecting the Charlotte region real estate market and what it means for you... During the first two weeks of March, COVID-19 concerns did not appear to significantly impact the Charlotte region's housing market. During the third week ending March 21st, we saw more of an impact on new listings and pending sales year-over-year compared with the prior two weeks, which increased at a lower rate. As this is normally the beginning of our spring selling season in "normal times," we would expect new listings and pending … (18 comments)
With mortgage rates this low, how can you NOT afford to buy a home and lock in your housing costs for years to come?
How Interest Rates Affect Your Monthly Housing Costs The chart below shows how average mortgage rates by decade have impacted the approximate monthly payment of a $200,000 home over time. Using the same $200,000 home example, the second chart clearly illustrates … (32 comments)
It's Not Too Late To Find A New Charlotte Area Home Before The New Year
If you've been hoping to buy a home in 2019, but haven't yet found your dream home, there's still time to find a home before the new year and 2020 arrive. Why not end your house search in 2019 the right way... with Nina Hollander and Carolinas Realty Partners/Coldwell Banker Residential Brokerage. We've been opening doors for Charlotte area home buyers for over 20 years, both in North Carolina and South Carolina. And with historically low interest rates, it's still a great time to buy a home.
“The ache for home lives in all of us, the safe place where we can go as we are and not be questioned.” — Maya Angelou
This could be the weekend you find your Charlotte home and make that dream of a "safe place where you can go as you are," as Maya Angelou so wisely said, come true. As has often been said, "home is not just a place, it's a feeling."
Why not let Nina Hollander/Carolinas Realty Partners help you find dream home in the Charlotte area?
We’re local experts, who have been helping Charlotte area home buyers find … (20 comments)
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