At RE/MAX Select Properties, and as your Realtor for life, I'm are here to tell you that our housing market remains affordable and homes continue to gain higher appreciation rates than most areas in the United States. While the media continues to report that Real Estate is in a downward spiral, this is simply not the case in Charlotte and the surrounding areas.
Instead of discouraging headlines, local stories should focus on our healthy economy and steady Real Estate Market. Real estate is not national; it never was. It is very local and neighborhood specific. I am a native Charlottean and my guidance will lead you directly to your destination- AND SHOW YOU THE BACK
ROADS TO GET THERE!
RE/MAX has lived the Real Estate industry for nearly five decades and the one fact that remains constant is that all Real Estate is local. While homes in the hottest urban markets, such as Las Vegas, Austin, Sacramento or Washington, DC areas, have been rising in value from 20 percent to as high as 40 percent annually, our region has experienced 2-7 percent annually. This steady pace of appreciation has kept us healthy.
The success of any Real Estate Market is based on basic economic realities: strong job and population growth, builders haven't exceeded the market's capacity and speculators don't drive up prices as was done in many markets such as California.
If you are considering buying or selling a home, you are in the right place at the right time. Interest rates remain very favorable at all-time lows. Housing appreciation is steady. Job creation is a priority. The population is growing (the Carolinas are now third among the top 10 areas to gain retirees).
At RE/MAX Select Properties, we're looking up, not down.
If you are concerned or have any hesitation in moving forward with your long-term real estate goals, call me.
I hope this helps you size up the big picture. If a community is not creating jobs or has appreciated too fast, there are consequences of adjustments.
That is not the picture here!
Julie St. Clair
Broker / REALTOR
Char;otte's Creative Native