Friday, June 9, 2017 / by Marketing Team
Why People Move to Charlotte
As a popular city, Charlotte, NC is a place where the economy and cost-of-living keep the population growing. And with a comfortable climate, and lots of recreational activities for all ages, it makes a good prospect for families as well as singles who may be interested in relocating to the Queen City due to employment, school, or retirement. And in 2017, Charlotte has been ranked one of the most affordable places to live in the U.S.
Why People are Moving to and from Charlotte
The Queen City is most often attractive to outside shoppers who live in other North Carolina locations like Greensboro, Raleigh, Wilmington, Columbia, Greenville, but also cities from other states of Greenville, SC, Bluefield, WV, and the Tri-Cities in TN of Kingsport, Johnson City, and Bristol, as well as Nashville, TN. Charlotte was also recently ranked by Zillow as one of the cities where locals are also leaving.
To understand why more loca ...
Tuesday, May 30, 2017 / by Marketing Team
Buying a Luxury Home In Charlotte? Here are some neighborhoods and features to consider when searching for a fine home for sale.
The U.S. real estate market in the south has a lot to offer buyers right now. So if you’ve been waiting to become a move-up buyer or first-time homeowner, this season remains the best time to buy a luxury home in Charlotte, NC! And since no two luxury homes are alike, here’s a look at some of the hottest trends for you to consider when buying or building a luxury home in Charlotte:
The average luxury home ranges from 5,000 – 7,000 square feet; and many of these homes are single level, rather than multi-story because of the ability to add in vaulted ceilings, an open floor plan, and a sunporch or deck for entertaining, to make for a truly elegant living space with customized features in every room.
Many luxury homes for sale in Charlotte feature as many as 5-car garages for your priz ...
Tuesday, May 9, 2017 / by Marketing Team
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 s ...
Friday, April 28, 2017 / by Marketing Team
4 Top Questions Answered About the Escalation Clause
According to the North Carolina Association of REALTORS®, an escalation clause is legally enforceable when buying a North Carolina home, as a means of increasing the offer in your purchase contract up to a predetermined limit, to compete with other offers.
It’s a strategy that can improve your chances of winning a bidding war on a home you want to buy. But before you include one with your offer when buying a North Carolina home, here are the answers to the 4 most-asked questions about having an escalation clause in your real estate contract:
1. Should I use an escalation clause?
In North Carolina, the use of an escalation clause is at the discretion of the seller to accept or reject as part of your offer and the rest of its terms, as they would with other submitted offers; the clause may only be written into your contract by a lawyer, and not your real estate agent. With Charlotte&rsquo ...
Wednesday, April 19, 2017 / by Marketing Team
3 Hot Tips for Selling Your Charlotte Home This Spring
If you are selling your Charlotte, NC home, spring has always been the traditional time of year for being able to sell more readily. However, with milder temperatures during the winter months, home sales so far this year didn’t see a seasonal drop as they typical do. Instead, the demand for available homes has been high for January, February, and March with many first-time millennial and move-up buyers, while the inventory hasn’t been able to keep up. So don’t wait for the market to get even busier – now is the time to act.
Sell your Charlotte home using these 3 crucial tips:
1. List Your Home in April. It’s not too late to get your Charlotte home on the market! Based on current inventory, statistics report that this month provides a good window of opportunity to sell your home in the south for a great price. As the season ...