Move up your home Charlotte area home this summer. It’s still very much a home seller’s market and you’ll be able to capitalize on higher home prices and more equity in your home to put towards a move-up home.
Why This Summer Is A Good Time to Move Up Your Home
If you’ve been thinking about moving up your home, this summer might just be the perfect time to do so. You’ll be able to capitalize on today’s sellers’ housing market to “fuel your upgrade to a new home that would provide more of the features you might be wanting or needing. As mortgage rates began to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. And the latest date on home prices appears to confirm that trend.
BOTTOM LINE: History shows rising mortgage rates have not had a negative impact on home prices. Now is still a great time to sell your house thanks to continued buyer demand and ongoing price appreciation. When you’re ready to find out how much equity you have in your current home and what’s happening with home prices in your local area, let’s connect.
Questions About Today’s Real Estate Market?
If you want to know more about what’s happening in the Greater Charlotte area’s housing market, reach out today. We’re never more than a call, text or email away.
If you’re curious about the Charlotte Region’s real estate market, we have the answers to your questions. A consultation is FREE and there’s NO OBLIGATION. Call/text me, Nina Hollander at Coldwell Banker Realty at 704-779-0813 or contact me here.