South Charlotte / Waxhaw Area Real Estate Market Update March 2019

South Charlotte / Waxhaw Area Real Estate Market Update March 2019

If you’re wondering if now is right time to put your home on the market in the South Charlotte or Waxhaw area, you’re in the right place.

I’ve worked with hundreds of sellers and I know how difficult it must be knowing who to believe. Well, I always say, let’s see what the data tells us.

Nationwide we have the lowest number of single family homes listed on the market since last June. This is important for you to know as a seller because you won’t be competing with as many homes.

Also, historically, April, May and June are the months where inventory is always the highest, so as a seller you’ll be competing with more homes if you wait.

The other advantage to selling now is that mortgage rates were lower in January then we’ve seen in the past 8 months, which means more buyers can qualify to purchase your home now.

So lower interest rates and lower inventory are both an advantage for a seller.

Worried about a crash? I don’t think so!! You see the major influencers in Real Estate are all projecting growth and appreciation through 2020.

Be careful when you read articles saying that we are heading into a recession. What we do see is that home appreciation isn’t increasing quite as drastically as previous years, but the Experts are projecting that prices will continue to appreciate through 2020 but just at lower levels or what you would call a “Normal” level.

Honestly, this slowdown will actually be a benefit to the housing market. Look, I know there is so much noise out there and it’s hard to decipher and that’s why working with an experienced expert who truly knows the ins and outs of what really going, on is essential to maximizing the return on your most precious investment.

Reach out and we’d be glad to advise you. Again, this is Jeff Steup with Midtown Properties. Your key to real estate results!

☎️Contact me today to find out how we can put you on the path to homeownership! (704) 412-8882 or jeff@jeffsteup.com.

Connect With Us!

If you're looking to buy or sell a property connect with us today!

How Can I Help You?

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.
  • This field is for validation purposes and should be left unchanged.

Leave a Reply

Your email address will not be published. Required fields are marked *