Friday, May 10, 2024 / by Ian Llamas
So, you've found the home of your dreams. You've walked through its rooms, imagined your life within its walls, and now you're ready to make an offer. But how do you ensure your offer stands out from the rest? Crafting the perfect offer is an art, combining strategy, research, and a dash of intuition. Here are some tips to help you navigate this crucial step in your homebuying journey.
Know Your Budget: Before you even begin your home search, it's essential to have a clear understanding of your budget. This includes not only the amount you're willing to spend on the home itself but also factors like closing costs, taxes, and potential renovations. Knowing your budget upfront will help you craft a realistic offer that you can comfortably afford.
Research Comparable Sales: One of the most critical aspects of crafting a competitive offer is understanding the local market. Research recent sales of comparable homes in the area to get a sense of what similar properties are selling ...
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Monday, January 7, 2019 / by Nancy Braun
As we begin another year, everyone wants to know: “Where is the Carolinas housing market headed in 2019?”
It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy. Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest growth. However, shifting conditions could impact you if you plan to buy, sell, or refinance this year.
HOME VALUES WILL INCREASE
The value of real estate will continue to rise. Freddie Mac predicts housing prices will increase by 4.3 percent in 2019.1 While the rapid price appreciation we witnessed earlier in the decade has slowed, the combination of a strong economy, low unemployment, and a lack of inventory in many market segments continues to push prices higher.
"Ninety percent of markets are experiencing price gains while very few are experiencing consistent price declines," according to National Association ...
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Saturday, December 1, 2018 / by Nancy Braun
It’s a common misconception that you shouldn’t try to buy or sell a home during the fall and winter months.
This is generally considered the “offseason” in real estate. Many sellers mistakenly believe that the cold weather will keep buyers away and that no one is looking over the holidays. Unfortunately, many real estate professionals perpetuate this myth by advising their clients to “wait until the spring” to list their home.
The truth is, homes are bought and sold year round. And while the market is typically quieter during the fall and winter, savvy buyers and sellers know how to use this slow down to their advantage. In fact, depending on your circumstances, now may be the ideal time for you to purchase or list a home.
If you’re in the market to buy or sell, there’s no need to wait for the spring. Read on to discover the top five reasons that it can pay to buy or sell a home during the offseason!
1. LESS COMPETITION
What&rsf ...
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Saturday, November 3, 2018 / by Nancy Braun
While no one can predict the future with certainty, most experts expect to see modest growth in the U.S. housing market for the remainder of this year and next. Inventory will remain tight, mortgage rates will continue to creep up, and affordability will remain a major issue in many parts of the country.
So what does that mean for home buyers and sellers? To answer that question, we take a closer look at some of the top indicators.
CONTINUED GROWTH IN HOUSING MARKET
There’s good news for homebuyers! In many markets across the country, prices have begun to stabilize after a period of rapid appreciation. Nationwide, home sales experienced a slight decline of 1.6 percent in the second quarter, primarily due to higher mortgage rates and housing prices combined with limited inventory.
However, buyers who have been waiting on the sidelines in anticipation of a big price drop may be disappointed. Demand remains strong across the sector and prices continue to rise. The Case-Sh/ ...
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Friday, March 9, 2018 / by Marketing Team
Spring is around the corner and the Charlotte real estate market is getting ready for some robust activity. As you’re considering buying a home, don’t wait until you’re ready to move to start preparing financially.
If you’re like the vast majority of home buyers in North Carolina, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage.
The requirements to secure a mortgage may seem overwhelming, especially if you’re a first-time buyer. But we’ve outlined three simple steps to get you started on your path to homeownership.
Even if you’re a current homeowner in Charlotte or its surrounding areas, it’s a good idea to prepare in advance so you don’t encounter any surprises along the way. Lending requirements have become more rigorous in recent years, and changes to your credit history, debt level! ...
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