Will One Hour Make A Difference In The Housing Market As DST Ends?

By
Real Estate Agent with Coldwell Banker Residential Brokerage | Charlotte, NC

 

As Daylight Savings Time Ends Tonight...

Will One Hour Make A Difference In The Housing Market?

 

Tonight, in many parts of the United States, we will "fall back" and move our clocks back by one hour.  For many, getting back that extra hour of sleep lost last spring makes a huge difference! For me, having light outside my windows by 7:00 am is the "bonus."  But did you know that one hour in the housing market can also make a difference?

 

The infographic below shows just how much of a difference an hour can make in the housing market. 

 

 

The difference one hour makes in the housing market

 

If you're a home seller, it's obviously great news that each hour not only do 596 homes sell, but an average of 278  homes regain some positive equity, while median home values increase by $1.20. If you're a home buyer, this should tell you that the longer you wait, the more you will pay for a home. The time to buy is NOW!

 

So don't forget to move your clock back tonight.  And maybe you can use that extra hour you've gained to search for a new home or get your home ready to sell. Afterall, each hour does make a difference. And those one hours do add up!

 

Set your clocks back and fall back

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

WONDERING WHAT YOUR CHARLOTTE METRO AREA HOME IS WORTH TODAY?

 

 

 

This housing market update is brought to you courtesy of Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts.

 

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."

 

 

 

Posted by

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

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

2007 - 2018 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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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.

 

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Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Scott Godzyk good morning, Scott. Glad to hear you're staying busy. I've been here in Boston at the NAR convention. Happy Sunday!

Nov 04, 2018 03:22 AM #48
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

John Pusa good morning, John... thanks for popping by... wishing you a good rest of the weekend, as well, and a good week ahead.

Nov 04, 2018 03:23 AM #49
Rainmaker
1,818,573
Patricia Feager, MBA, CRS, GRI
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Nina Hollander - Very interesting! I like your post and what you have written.

Happy Sunday!!!

Nov 04, 2018 04:05 AM #50
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Patricia Feager thanks, Patricia... just another call to action for buyers to buy and sellers to sell.

Nov 04, 2018 04:08 AM #51
Rainmaker
1,818,573
Patricia Feager, MBA, CRS, GRI
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Nina Hollander - Great Call to Action! I like that your blog posts always have good intentions. 

Nov 04, 2018 04:10 AM #52
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Patricia Feager not enough time in the day to waste writing stuff with no real intention.

Nov 04, 2018 04:14 AM #53
Rainmaker
2,785,198
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina,  I love the fact that homes go up every hour by that much.  A very interesting fact!

 

Nov 04, 2018 08:13 AM #54
Rainmaker
1,400,629
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Nina, I like that you didn't just say fall back, you had my attention throughout your post and I deleted many emails without reading them yesterday that were a reminder to fall back! My pups didn't get the message and were up bright and early :)

Nov 04, 2018 11:03 AM #55
Ambassador
1,478,775
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It will make a difference for an investor flying in today that Pick up at 2:30 and has a 9:30 flight back. It will get dark now at 5:30.

Nov 04, 2018 11:04 AM #56
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joe Pryor hi Joe... for some reason it getting dark earlier in the day has never bothered me... but dark in the morning always does.

Nov 05, 2018 01:54 AM #57
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Amanda S. Davidson thanks, Amanda. I spent a lot of time deleting the same old, same old message myself.

Nov 05, 2018 01:55 AM #58
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Will Hamm good morning, Will. We've had a good run for a few years now, so let's hope the numbers don't start going the other way. But that also might spur some sellers to sell and buyers to buy.

Nov 05, 2018 01:56 AM #59
Rainmaker
310,930
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

All of those hours definitely add up.  I love it when it is daylight longer, but it was getting shorter already so it was time.  It usually makes me sleepy earlier, but I think my current clients are going to be keeping me up. Have a great day!

Nov 05, 2018 06:00 AM #60
Rainmaker
609,273
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Those are very nice stats! Here's to more in the next couple of years.
Being on the border of 3 states and the only state that doesn't observe DST . . . this is the time of year CA and NV can't make it to their appointments on time. Hahahahah!
I've been conferencing with some folks on the Gold Coast of Australia and THAT'S a mind twist - 17 hours and it's already tomorrow there!

Nov 05, 2018 10:27 AM #61
Rainmaker
457,717
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
In Tune with your Real Estate Needs - Olympia WA

I hadn't known about this stat before - that is really amazing to learn.  Very cool indeed!

Nov 05, 2018 11:26 AM #62
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brenda J. Andrew hi Brenda... being a morning person, myself, I way prefer having that daylight earlier in the morning.

Nov 06, 2018 10:06 AM #63
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Candice A. Donofrio hi Candice... I just wish we just had a national referendum to get rid of of DST and stop changing clocks and be consistent across all states.

Nov 06, 2018 10:08 AM #64
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Francine Viola hi Francine... I just wanted to do a bit of a different spin on the time change than just reminding people to set their clocks back.

Nov 06, 2018 10:09 AM #65
Rainmaker
541,537
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

Smart take on the difference an hour makes, Nina. My hat's off to you!

Nov 08, 2018 08:41 AM #66
Rainmaker
2,632,505
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Pat Starnes-Front Gate Realty hi Pat... thanks. Always looking for a bit of a different spin.

Nov 08, 2018 08:46 AM #67
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