169349887201961
Buying a Home September 18, 2024

Act Now to Avoid Rising Home Prices

Act Now to Avoid Rising Home Prices

If you’re considering buying a home, now might be the perfect time to act. Recent data shows that waiting could cost you significantly.

In Charlotte, the average sales price of homes has surged from $476,525 in July 2023 to $515,916 in July 2024—a jump of $39,391.

This increase translates to an average of $3,283 per month and $19,695.50 over just six months.

The Cost of Waiting to Buy A Home Chart

With home prices rising this quickly, the longer you wait, the more you’ll end up paying.

To put it in perspective, if home values appreciate at 3% annually, a $515,916 home today could grow to $593,303.40 in 5 years, adding $77,387.40 to your purchase price.

If appreciation hits 5% annually, the same home could be worth $644,895, an increase of $128,979. The data clearly shows that home prices are on the rise.

Don’t let this opportunity slip away! You should act now to avoid rising home prices!

Contact me today to discuss your options, explore available homes, and start building your wealth.

The sooner you act, the more you stand to gain.

I’m here to help you navigate the market and make the best decision for your future. Reach out to me today to get started!

Looking for More Help? Thinking of buying or selling a home in the Charlotte area? 

At Better Homes and Gardens Real Estate Paracle, we’re here to guide you through every step of the homebuying journey.

Contact Lorelei, your trusted real estate expert with Better Homes and Gardens Real Estate Paracle, to help you navigate the market and achieve your property goals.

Let’s have a FREE Consultation to dive into your moving goals and carve out a personalized plan for your journey to the Carolinas! This helps us determine what next steps & locations will look like for YOU.

Many families have found this invaluable for their buying and selling journey, Hence – 𝑰’𝒎 𝒆𝒙𝒕𝒆𝒏𝒅𝒊𝒏𝒈 𝒕𝒉𝒆 𝒔𝒂𝒎𝒆 𝒐𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒚 𝒕𝒐 𝒚𝒐𝒖!

𝑹𝒆𝒂𝒅𝒚 𝒕𝒐 𝒔𝒆𝒆 𝒕𝒉𝒆 𝑪𝒂𝒓𝒐𝒍𝒊𝒏𝒂𝒔? Spend a day with me, exploring various areas, so you get a firsthand look.