Tag Archives for " North Carolina Realtors "

Now Is The Perfect Time To Sell Your North Carolina Home

Real Estate in Charlotte NC

So far as we have seen in winter of 2017, homes for sale in the Carolinas continue to be in high demand.  Housing needs are being met in South Carolina, where there is currently a moderate supply for buyers, as it is one of the Top 10 States for Getting a Mortgage.  North Carolina lags behind, though the State still remains strong overall.  Homeowners should take note that now is still the perfect time to put your  North Carolina home for sale on the market!  Here are 5 reasons why:

1. Cities in North Carolina are ranked among the 10 healthiest US housing markets right now.  This includes Charlotte, as well as Raleigh, Durham, Chapel Hill, Concord, and Gastonia.

2. Serious buyers are the ones who browse for homes during the winter months.  With less competition, they are more likely to buy a home (and at their asking price), rather than engage in a bidding war.  Plus they will close on a home faster, which is important if needing to move-in on a deadline due to job relocation.

Now Is The Perfect Time To Sell Your North Carolina Home, Home Selling, NC Realtors, Showcase Realty

3. There has been an increase in consumer spending.  Just ask home builders, who have seen a rise in bart traffic so far in 2017, who are confident that the robust economy and job market will trigger first-time and move-up buyers to make housing purchases throughout the year.

4. Rental rates are higher than making monthly home loan payments.  The market is trending as an overall “buy territory” according to the BH&J IndexAs much as 30% of a renter’s income goes toward monthly rent payments, compared to a homeowner whose average mortgage payment is only 15% of monthly income.  In 2016, the average 1 bedroom rental was $838 in North Carolina, and $882 in South Carolina.

Among the biggest rent increases by city, Raleigh was ranked #3 at a 3.8%, and Winston-Salem was ranked #6 at 3.1%.  Homeowners in North Carolina have the advantage of not being one of the Worst States to Get a Mortgage.  The bottom line is that if renters or homeowners plan on staying where they are, it makes sense to own rather than rent, to take advantage of saving money in the long-term.

Now Is The Perfect Time To Sell Your North Carolina Home, Home Selling, NC Realtors, Showcase Realty

5. Home equity rates continue to increase Despite higher prices on homes for sale, the good news is that homes are valued at higher rates than before, and are only going to keep increasing as this year unfolds.  This will give homeowners some money where they need it: for home improvements, paying off debts, funding investment properties and other large purchases, and sending their children to college.

Sell Before The Busy Spring Market Begins

By selling your home in order to meet the current market demands, not only will you have a great Return on Investment (ROI) because of less competition, but the State will be able to maintain its healthy growth and continue to make room in its surging population for more new residents for the rest of 2017 and ensuing years.

Showcase Realty LLC serves homeowners by assisting with the sale or property management of their rental homes. Speak with our real estate experts today to see how you can enjoy the maximum return on your investment.

If you’re thinking about selling your Charlotte home, click here for an all-access pass to all the home selling information you need! Get access NOW!

Open House : 10524 Harrisburg Road Indian Land SC 29707

Homes for Sale in Indian Land

For Rent

$1,695/mo

10524 Harrisburg Road, Indian Land, SC 29707

3 beds • 2.5 baths 

Enjoy your country living in this 3.66 acres of land just minutes from all the great amenities of Ballantyne! Full brick with cathedral ceiling great room with a sunroom. Master bedroom with 2 walk in closets and tons of storage. Heat and cooled storage room in the back door.

For inquiries please contact :
Nancy Braun, Showcase Realty
Contact Phone: (704) 997.3794
Email: OfficeAdmin@ShowcaseRealty.net

[URIS id=17175]

Can You Guess Who the Second Largest First-Time Home Buying Group is?

Can You Guess Who the Second Largest First-Time Home Buying Group is

In 2015, 18% of first time home buyers were single women, according to the National Association of Realtors (NAR) 2015 Profile of Home Buyers and Sellers. With home buying the largest group made up for 54% of first-time home buyers, which were married couples.

Male home buyers trailed single women, sitting at 11% of first-time home buyers. Of the rapidly growing group of women buying, details from the survey of recent home buyers is shown below:

  • Income average is $49,400
  • Average age is 32 years’ old
  • A larger percentage of women seek pre-approval of mortgage so that they can make informed decisions based on their budget
  • Most female home buyers think long-term when buying a home, considering what amenities they may need in the future

Can You Guess Who the Second Largest First-Time Home Buying Group is

It seems women are interested in investing in their own futures regardless of relationship status and they are seeking financial security. They are happy to be independent and no longer pay for their landlord’s mortgage. Independence is a strong factor.

Home Buying is no longer a mindset of marriage before mortgage regardless of gender. Unmarried couples represent 13% of home buyers and another 11% are single male home buyers as per the report.

BOTTOM LINE

If you’ve been putting off purchasing a home simply because of relationship status, then you may want to consider the choices of other home buyers and take on a mortgage of your own. More and more, single women are taking on the responsibility of home ownership and reaping the benefits.

Still not sure about buying on your own? Should You Rent or Buy? In Both Scenarios, You’re Paying a Mortgage is a great read to help in explaining the benefits of home buying if you are currently renting.

Are you looking for Charlotte, NC homes for sale? Feel free to contact us at 704.997.3794 or message us here to connect with one of our real estate consultants about the properties we have to offer!

Buy your home in the Carolinas with Showcase Realty. If you are not happy with your new home, we will sell it for FREE! Details Here!

Like What You've Read?

If so, please join our newsletter and receive exclusive weekly home buying tips, financing guides and Charlotte, NC real estate news. Enter your email and click Send Me Free Updates

April 16, 2016

Should You Rent or Buy? In Both Scenarios, You’re Paying a Mortgage

Should You Rent or Buy? In Both Scenarios, You're Paying a Mortgage

Most renters struggle with the decision to purchase a home if they are uncomfortable with the idea of paying a mortgage. However, there is little difference between paying for your own mortgage and paying for your landlord's mortgage. Renters should take this into consideration when deciding between renting and buying, as they will always be paying for a mortgage unless they live rent-free.

Harvard University at the Joint Center for Housing Studies proposed:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That's yet another reason owning often does-as Americans intuit-end up making more financial sense than renting.”

 Should You Rent or Buy? In Both Scenarios You're Paying a Mortgage, home for sale in Charlotte NC, North Carolina, South Carolina, NC Realtors, Showcase Realty, Home Search, Investment

Head of Single - Family Sales & Relationship Management, a Senior Vice President at Freddie Mac, Christina Boyle further emphasized the security of a personal mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you'll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years - unlike rents which will continue to rise over the next three decades.”

FREE  Home Buyers Guide

The complete step-by-step solution,to guarantee a successful buying experience and enjoy a hassle free transaction with Showcase Realty!
Download the home buyers guide click download it now!

The mortgage payments you collect serve as “forced savings” that prepare you for the equity payments that will occur for. A guarantee that secures every landlord of their equity comes from their renters.

The graph below explains the gap, which separates the net worth of a renter vs. a homeowner:

Should You Rent or Buy? In Both Scenarios You're Paying a Mortgage, home for sale in Charlotte NC, North Carolina, South Carolina, NC Realtors, Showcase Realty, Home Search, Investment

Bottom Line

More than ever, it makes more sense to be a homeowner than to rent over a long period. Whether you're looking for a primary residence or a vacation home, buying will be more advantageous especially in today's market. Looking to buy? We can help you find Homes for Sale in the Charlotte area. Our friendly team would be happy to answer any questions and assist you every step of the way.

Not sure what you're looking for? Browse through at our various Buying Tips!
Want to speak with someone directly? Reach us at 704.997.3794. Send us a message here and connect with us!

If you are thinking of buying a home in North and South Carolina check out our Exclusive VIP Buyer Satisfaction Guarantee!

Buy your home in the Carolinas with Showcase Realty and if you are not happy with your new home, we will sell it for FREE! Details Here!



Like What You've Read?

If so, please join our newsletter and receive exclusive weekly home buying tips, financing guides and Charlotte, NC real estate news. Enter your email and click Send Me Free Updates