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Three Tips for Buying During Charlotte’s 2023 Spring Market

By Debe Maxwell, CRS

Real Estate Agent with Savvy + Company (704) 491-3310 228209

March 18, 2023 07:55 PM

Three Tips for Buying During Charlotte’s 2023 Spring Market

Are you contemplating buying a home in the Charlotte Metro this year? Well, we are in the beginning stages of our usual hot spring market! Multiple Offers are not a thing of the past, despite what you hear on the news! I know - I've represented both buyers and sellers in recent weeks and we are definitely still working in a hot buyers market.

So, what is a buyer to do in today's market?

Here are three tips for buying during Charlotte's 2023 spring market - and beyond.

Have a sense of urgency - there ARE buyers out. You DO have competition in the market right now, despite what you’re hearing on the news. When a property hits the market, GO SEE IT and if you like it, MAKE AN OFFER ON IT. There is no assurance that it will still be on the market tomorrow!
Remember, if you’re a renter, begin your search before you only have a month to the end of your lease. Many buyers don’t think about this but, your first mortgage payment won’t be due for 1-1.5 months of your Closing. So, you won’t have ‘double payments’ during that time. Speak with your lender to confirm your timeline and let’s make an Offer to Close accordingly.
Don’t let analysis paralysis set in! Take direction from your experienced real estate professional. Bear in mind one thing - regardless of the cost of real property now, Charlotte CONSISTENTLY shows solid appreciation in 3-5 years.

BONUS TIP: Thinking of buying a home in Charlotte? These tips apply to any season!

If you’re looking for a professional with her finger on the pulse of the Charlotte market, call me! Let’s talk! (704) 491-3310.

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Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell, CRS great post and indeed one needs to have a sense of urgency when the property is priced right in this market, Endre

Mar 18, 2023 09:16 PM

Debe Maxwell, CRS

Charlotte, NC

Laura Cerrano

Feng Shui Manhattan Long Island - Locust Valley, NY

Certified Feng Shui Expert, Speaker & Researcher

There is kind of a gut feeling that you can really rely on after a certain amount of experience, in my estimation.C

Mar 18, 2023 11:57 PM

Debe Maxwell, CRS

Charlotte, NC

Charles Ross - eXp Realty LLC

eXp Realty LLC Salina Group - Salina, KS

Love To Help People

These are good tips for any market. Thank you for sharing. Have a wonderful day and a blessed weekend.

Mar 19, 2023 02:46 AM

Debe Maxwell, CRS

Charlotte, NC

Patricia Feager, MBA, CRS, GRI,MRP

DFW FINE PROPERTIES - Flower Mound, TX

Selling Homes Changing Lives

For first time buyers it may seem like a steep climb and a roller coaster ride, but with Debe Maxwell, CRS it is a fun and worthwhile experience.

Mar 19, 2023 04:18 AM

Debe Maxwell, CRS

Charlotte, NC

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Good morning Debe. Your line of thinking is timeless, yet so many fail to heed it. Enjoy your day.

Mar 19, 2023 04:58 AM

Debe Maxwell, CRS

Charlotte, NC

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

MBA, GRI, REALTOR® Real Estate in East Valley AZ

Those are great tips and people in the Charlotte area would be wise to heed your advice!

Mar 19, 2023 06:12 AM

Debe Maxwell, CRS

Charlotte, NC

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Debe,

Love your photo..buying can be a roller coaster ride but with your tips and counseling throughout the whole process it will be a fun ride from beginning to end!

Mar 19, 2023 06:50 AM

Debe Maxwell, CRS

Charlotte, NC

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Cute, Lise Howe! I love that little tug - and love riding roller coasters except the ones we sometimes hop on in our business!!

Mar 19, 2023 10:46 AM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

I put one on the market on Friday and it's been a revolving door since that day, Endre Barath, Jr. I think the number of visitors validated our sellers' list price!

Mar 19, 2023 10:47 AM

Endre Barath, Jr.

Beverly Hills, CA

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Yes, and if you don't have it, your agent will, Laura Cerrano!!

Mar 19, 2023 10:47 AM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Thank you so much, Charles Ross - (785)-819-6944. You have a lovely weekend as well!

Mar 19, 2023 10:48 AM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Ahh, thank you so much, Patricia Feager, MBA, CRS, GRI,MRP! You know, I do my level best to add levity to keep their experience light and fun - not stressful and 'dreaded.' It is how I would want to be treated too!

Happy Sunday!

Mar 19, 2023 10:50 AM

Patricia Feager, MBA, ...

Flower Mound, TX

Patricia Feager, MBA, CRS, GRI,MRP

Debe Maxwell, CRS - Amen! We should never lose sight of the reasons why we got into this business.

Mar 19, 2023 10:59 AM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

You're so right, Wayne Martin - it applies to many markets, all year round! And, you're also right about many fail to heed it.

Mar 19, 2023 10:51 AM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

You know I think so too, Brian England!!

Hope you're enjoying a wonderful weekend!

Mar 19, 2023 10:52 AM

Brian England

Gilbert, AZ

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Thank you, Dorie Dillard Austin TX! We are seeing multiple Offers in many communities here - spring has sprung, for sure!

I hope all is well with you!

Mar 19, 2023 10:59 AM

George Souto

George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT

Your Connecticut Mortgage Expert

Debe these are all very good tips, especially number 2 in today's market.

Mar 19, 2023 01:09 PM

Debe Maxwell, CRS

Charlotte, NC

Pat Starnes-Front Gate Realty

Front Gate Real Estate - Brandon, MS

601-991-2900 Office; 601-278-4513 Cell

I agree 100%! We are still experiencing multiple offers in my market. Rely on your local Realtor's expert advise, not the national news, or family members and friends.

Mar 19, 2023 04:19 PM

Debe Maxwell, CRS

Charlotte, NC

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

George Souto, I have someone who moved here and wanted to rent briefly until they figured out the community in which they wanted to live. I kept in touch with them and 5 months prior to the end of their lease, I told them it was TIME! They thought they should wait until their last 30 days!!

We started the search then (5 months out) and it took 3 months to find the perfect house. We won the bidding war and they will be Closing 3 weeks prior to the end of their lease! You HAVE to start early, for sure!

Mar 19, 2023 05:46 PM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Mar 19, 2023 05:46 PM

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Oh, (almost) nothing makes my blood boil like the fictitious stories put out in the media about the real estate market, Pat Starnes-Front Gate Realty! I cannot IMAGINE having a job that truth doesn't matter, can you?!!

Mar 19, 2023 05:48 PM