Wednesday, June 21, 2017 / by Princess Zarah Corpuz
First-Time Homebuyer Tips for Charlotte, NC
More and more millennials in Charlotte are starting to become first-time home-buyers, rather than waiting for a better time into the future. What they don’t always realize – and are pleasantly surprised by once they do – is that buying a Charlotte home is within their reach. The median price for a Charlotte home is at $134,000, which equates to a monthly mortgage that can actually be cheaper than renting!
With so many listings to be found in all of Charlotte’s top neighborhoods and suburbs, first-time buyers can benefit from these 5 tips for greatest success when buying a Charlotte home:
1. Get pre-approved for a home loan.
It’s a time-saving step that will let you know what you can afford so you can be sure to look at Charlotte homes for sale within your budget.
2. Enlist the help of a real estate agent.
Having a professional will be to your advantage when looking at hom. ...
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Tuesday, May 9, 2017 / by Princess Zarah Corpuz
With as many people as there moving to or within North Carolina, first-time home buyers aren’t the only ones interested in what will happen to mortgage rates throughout this year.
As many experts predicted, mortgage rate jumps have averaged at around 4.125% to 4.19%, compared with 3.66% this time last year. So what exactly does that mean for you in being able to buy a North Carolina home in 2017?
Here’s what the experts want you to know about 4 mortgage rate trends:
1. An increase in rates is imminent when there is a gap in the supply and demand for housing.
Typically, a healthy balance is at a 6-month supply for inventory. Right now, the city of Charlotte has only enough to go around for approximately 2 months, give or take. While the construction of new homes does help meet the demand, it also means that if you are selling a North Carolina home, now is the best time to find the right buyer!
2. With consumer confidence so high ...
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