Spring is here! You can tell because today was the first day above 65 degrees (and sunny!) and the demand for homes is UP, UP, UP!!!!! The Charlotte Housing Market is definitely on the rise, and everyone in real estate can feel the frenzy. If you are looking to buy or sell, now is a good time and here’s why:
1. We are coming to the end of that “zero interest rate” special…. Now is the time to take advantage.
2. Demand is WAY up! Employment rates are on the rise, so all the millennials are looking for the perfect home.
4. As the job market improves, so do average earnings. And when people get raises, they buy things to improve their standard of living (including homes).
5. New home sales are on the rise… According to Bloomberg data there has been a 6.4% jump in sales from January 2014 to January 2015.