Should You Buy a Home in Charlotte Now or Wait Until Next Year?

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Real Estate Agent with www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

Should You Buy a Home in Charlotte Now or Wait Until Next Year?

 

I get this question quite often. My response is that it’s often best to go with what you know than the unknown! 

 

Is it wise to consider that next year is an election year and investments of all kinds (stocks & real estate alike) are far more volatile during an election year. Conversely, the interest rates remain quite low and sales price continue to rise due to low inventory.

 

 

*Video provided by Keeping Current Matters

 

So, waiting until next year to buy a home could make a significant financial impact. In the case of homeownership, it's better to act sooner, rather than later! 

 

Weighing your options now? Let's talk! Call or text (704) 491-3310 and set up your free buyer consultation!

 

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | Should You Buy a Home in Charlotte Now or Wait Until Next Year?

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Buyer Information - What Buyers Need to Know in Today's Market
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Rainmaker
5,264,108
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Prospective home buyers will be in very good hands when they seek your advice and use your professional real estate services.

May 23, 2019 10:39 AM #1
Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Debe Maxwell, CRS  - I just heard a few minutes ago that interest rates went down today.  They are as low as one year ago!

May 23, 2019 02:06 PM #2
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Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana!

Debe Maxwell, CRS I've been asked this question many times over the years and my response is - well let's talk about what your plans are in the near future  and figure out what's the best route to take. When they ask they almost always are wanting to buy - that's been my experience anyway.

May 23, 2019 02:27 PM #3
Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Always hard to see the crystal ball of interest rates...the lowest now all year...!

May 23, 2019 02:37 PM #4
Rainmaker
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Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Great question and one that I am often asked. I reply it depends upon your circumstances and the known, right now.

May 23, 2019 02:48 PM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Debe waiting is always a big risk.  If someone is in the position to purchase now, that is what they should do.

May 23, 2019 03:03 PM #6
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thank you so much, Roy Kelley! I so appreciate your support! 

May 23, 2019 08:31 PM #7
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Thank you for sharing this tid bit that holds true across many markets Debe....

May 23, 2019 08:31 PM #8
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Can you believe it, Sheri Sperry - MCNE®? With the price increases year-over-year, buyers are so fortunate that interest rates continue to be incredibly low!

May 23, 2019 08:32 PM #9
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

You're so right, Anna Banana Kruchten CRB, CRS 602-380-4886 - "Thinking next year," almost always means 'thinking NOW!'

I know I do that too - I drive a car until the wheels fall off. BUT, when I'm ready to buy, I start talking about it...and I always pull the trigger! Ray knows when I start talking, I've got the itch! LOL

May 23, 2019 08:35 PM #10
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Exactly, Sally K. & David L. Hanson! No one knows what next quarter will bring! 

May 23, 2019 08:36 PM #11
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

What is the old saying? "Better the devil you know than the devil you don't!" Definitely something to take into consideration, Pat Champion

May 23, 2019 08:41 PM #12
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I totally agree, George Souto - we have no idea what tomorrow will bring...much-less next year! 

May 23, 2019 08:41 PM #13
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

So true Paul S. Henderson, REALTOR®, CRS! KCM and national reports are always taken lightly but, in this case, it definitely reflects our local areas too.

May 23, 2019 08:43 PM #14
Rainmaker
2,827,189
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Debe.

You are right, next year is going to be a down right brawl.   

May 24, 2019 02:00 AM #15
Rainmaker
1,846,938
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Debb - with regard to Charlotte and buying I would agree that the sooner the better is the way to go.

May 24, 2019 05:01 AM #16
Rainmaker
5,264,108
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Friday morning, Debe. Have a great day and a very special Memorial Day weekend.

May 24, 2019 05:23 AM #17
Rainmaker
1,960,559
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Debe Maxwell, CRS - Yes! I agree! Better to know when the facts are real and not just hopeful imagination about the future. 

May 24, 2019 08:42 AM #18
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