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.
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!