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Fast-rising home prices are driving buyers out of the Charlotte market

Low supply is driving up home prices among. "In order to stand out in a competitive market, buyers should get pre-approved for a loan, find an agent who has experience with bidding wars, and.

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 · Even so, just because you found a buyer willing to pay $350,000 for your home, it doesn’t mean the value of your house is $350,000. Ultimately, the financial backing in a deal decides the property’s value, and it’s most often a bank or other nonbank mortgage lender making the call.

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A recent Zillow report holds clues that will likely sound promising to Charlotte homebuyers, who have become all too familiar with rising home prices.

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The Charlotte area’s housing market. Home" special report, one driving factor behind that trend is a dearth of available, desirable houses for sale. That has led some local brokers to actively seek.

How to price your home for the current housing market To learn how to sell your house for the best price, keep in mind the following factors: Seasonality : In the majority of the country, spring is considered the best time to sell a home – the weather is improving and families want to move during the summer break from school.

As of April 30, 2019, the median sales price for the greater Charlotte area inched up by $13,500, an increase of 5.6%, to $253,500. The inventory of homes for sale dropped yet again, this month by 856 units, or 8.7%.

 · As a first time home buyer, here’s what I learned buying my house.. they get multiple offers pretty much the day they go on the market. Come to find out that house in Cotswold already had.

Homes that are in market condition with no glaring location weakness (busy road, power line) are selling quickly. In our market that means inside of 45 days. Homes priced from $400,000 to $750,000 are seeing a balanced market. Prices are appreciating at normal rates and the inventory rates are consistent with demand. Days on the market in this price point are typically 45 to 90 days.