Danielle Edwards

RE/MAX Executive

Danielle Edwards with RE/MAX Executive
  • HOME
  • SEARCH
  • FEATURED LISTINGS
    • For Sale
    • Closed Portfolio
    • MLS FEED
    • VIDEOS
  • COMMUNITY INFO
    • About Charlotte – TOP 10 REASONS TO MOVE TO CHARLOTTE
    • WHERE TO EAT
    • Area Communities
    • OAKBORO NC Real Estate
    • TOUCHSTONE VILLAGE | WILSHIRE Real Estate
    • Local Government
    • Driving Information
    • Emergency Services
    • Pet Information
    • Schools
    • Tax Information
      • Charlotte Taxes
      • Cornelius Taxes
      • Davidson Taxes
      • Huntersville Taxes
      • Matthews Taxes
      • Mecklenburg Taxes
      • Pineville Taxes
    • Transportation
    • Trash and Recycling
    • Utilities
    • Voter Registration
  • BUYERS
    • How to buy a home in North Carolina – Buyers Agent
    • HOME BUYING PROCESS
    • LEARN THE MARKET
    • MORTGAGE
    • FIRST TIME HOME BUYER GLOSSARY
    • Neighborhood Analyzer
  • SELLERS
    • SELLER HOME CHECKLIST
    • Sell Your Home Fast in Charlotte with Danielle Edwards
    • Neighborhood Analyzer
  • BLOG
  • YOU TUBE
  • ABOUT DANIELLE
    • BIO / AWARDS
    • My Testimonials
    • Leave a Review for Danielle Edwards | Your Experience Matters
    • FIVE STAR AWARD
    • Contact

Is 2024 a Good Time to Buy a House? Key Market Insights

September 24, 2024 by Danielle Edwards

Is 2024 a Good Time to Buy a House? Key Market Insights

If you’re asking yourself, “Is 2024 a good time to buy a house?” you’re not alone. Many potential homebuyers are curious about what this year holds for the housing market.

Current Housing Market Trends

The real estate market in 2024 is showing signs of change. Here are some key trends to consider:

  • Increased Inventory: More homes are becoming available, giving buyers more options to choose from.
  • Stabilizing Prices: Home prices are leveling off after years of rapid growth, potentially making purchases more affordable.


Graph showing the stabilization of average home prices from 2019 to 2024, indicating a less volatile housing market.

The graph above shows how average home prices have started to stabilize from 2019 to 2024, indicating a less volatile market for potential buyers.

Interest and Mortgage Rates

Interest rates play a significant role in determining whether it’s a good time to buy:

  • Potential Rate Drops: Economists predict that mortgage rates may decrease, lowering monthly payments for new buyers.
  • Affordability: Lower rates increase purchasing power, allowing you to afford a more expensive home or reduce your monthly expenses.


Graph illustrating the relationship between rising interest rates and decreasing purchasing power for homebuyers

The graph above shows the latest mortgage rates for various loan types in September 2024, helping buyers understand current market conditions.

Economic Factors to Consider

Beyond market trends and rates, consider these economic factors:

  • Job Market Stability: A strong job market can give you the confidence to make a long-term investment.
  • Inflation Rates: Inflation can affect the cost of living and the value of your investment over time.

Making Your Decision

So, is 2024 a good time to buy a house? It depends on your personal circumstances, financial readiness, and market conditions in your desired area. Here are some steps to help you decide:

  • Assess Your Finances: Ensure you have a stable income and sufficient savings for a down payment and closing costs.
  • Get Pre-Approved: Speak with a lender to understand how much you can borrow and at what interest rate.
  • Consult a Real Estate Professional: An experienced agent can provide local market insights and guide you through the process.


Graph illustrating the relationship between rising interest rates and decreasing purchasing power for homebuyers

The graph above illustrates how higher interest rates can decrease your purchasing power, helping buyers make informed decisions about when to lock in rates.

Ultimately, staying informed about the housing market trends and economic factors will help you make the best decision for your situation in 2024.

Reach out to us, and we’ll be delighted to assist you. Stay tuned for all updates! Follow us on social media, Facebook, Instagram, and YouTube.

.

.

.

.

Top Charlotte Real Estate Agent As Seen on House Hunters Charlotte guiding her buyer Lyndsay on her relocation.

 

Charlotte Real Estate Agent
Danielle Edwards

Selling Charlotte since 2006

info@soldondanielle.com

704-604-2999

Visit my YouTube Testimonials

Filed Under: Blog, Charlotte News and Information Tagged With: 2024 real estate, affordability, buyer’s guide, buying a home, buying a house in 2024, buying strategies, current mortgage rates, economic factors, economic trends, Fed impact on housing, Fed impact on mortgages, Fed interest rate, Fed policy., Fed rate cuts, financial advice, financial planning, first-time buyers, first-time homebuyers, home affordability, Home Buyers, home buyers market, Home Buying Guide, Home buying tips, home loan rates, home prices, home pricing, home selling tips, housing inventory, Housing Market 2024, housing market analysis, Housing Market Predictions, Housing Market Trends, housing price trends, interest rate cut, interest rates, interest rates 2024, investment opportunities, Is 2024 a good time to buy a house, loan rates, market analysis, market dynamics, market predictions, market shifts, market stabilization, mortgage advice, mortgage brokers, mortgage loan, mortgage market forecast, mortgage news, mortgage rate trends, mortgage rates, mortgage rates 2024, mortgage rates update, mortgage tips, mortgage trends, Property Investment, property market insights, Real Estate Advice, real estate buyers, real estate economy, real estate forecast, real estate insights, real estate investments, real estate market 2024, Real Estate Market Analysis, real estate market outlook, Real Estate Market Trends, real estate opportunities, real estate outlook, real estate sellers, real estate tips, Real Estate Trends, refinancing, seller’s guide, selling a home

FIRST-TIME HOME BUYER – Charlotte real estate agent – TV SHOW

March 14, 2022 by Danielle Edwards

FIRST-TIME HOME BUYER –

Charlotte real estate agent – TV SHOW

Sponsored by National Association of Realtors

First time buyer TV show with REMAX agent Danielle Edwards and her buyer Danaya!

Looking to up your game when it comes to getting into the Charlotte housing market? This real estate “reality” TV show is a must-see and you can watch the series on HULU or YOUTUBE.TV.

The TV SHOW is called – FIRST TIME HOME BUYER produced by the National Association of Realtors.

Featuring Your Charlotte NC Realtor- Danielle Edwards with RE/MAX EXECUTIVE .

“I was asked if I had a great story to share from a recent first time home buyer in the Charlotte, NC area.  I had the perfect buyer in mind!  After both Danaya and I interviewed we were told we were chosen! I can honestly say this is a true story about her journey to buying a home in Charlotte, NC.”  says Danielle Edwards.

Reality Real Estate TV shows are quite popular.  The National Association of Realtors has its own show with actually REALtors and storylines that have been vetted.   The NAR picks hot real estate cities and shows buyers what they can expect on the real estate home search.  Charlotte, NC is one of the fastest growing cities in the United States and quickly making its way to a top 10 place to live, work and play.

No matter what type of market there is a lot to know when it comes to buying or selling a home.  Whether you are a new buyer or seller, or a veteran, having a real estate agent in Charlotte, NC who puts your needs first is crucial.

Buying a home Charlotte

“Just like in all professions not all real estate agents are equal.  I come across Charlotte real estate agents who don’t work weekends(shock), don’t answer their phone, pass you off to an assistant to pretty much do everything.  That is all fine if that is what you want.  But, I am a firm believer that clients are purchasing the MOST IMPORTANT ASSET they will live in they deserve white-glove treatment.”

Realtor Charlotte

TV featuring Danielle, top Charlotte agent.

“Specializing in making your home dreams a reality is what I do.”

Whether it is 50 homes or one home.  I treat all my clients the same.   From first-time buyers to seasoned homeowners I have 16 years of experience to guide you with your home journey.

I have a television background and studied communications at the University of Florida.  If you visit my youtube channel, you will see I use VIDEO frequently to guide my clients through the process.

I was excited when I received a call from a TV producer to be considered for the TV show FIRST-TIME BUYER.  They asked me if I had any great stories about a Charlotte first-time buyer.  They interview my client and me on zoom.  A few short days later– I found out I was chosen.  If you watch this episode you will see Danaya and I become were on a mission.  We faced the complete real estate roller coaster in Charlotte, NC.  From how much to offer in due diligence, appraisal issues, and of course just getting the offer accepted!”

The First -time home buyer series itself if hands down a must-see.  I particularly love Season 2, Episode 2.   It provides a great insight into what working with me will be like as your Charlotte real estate agent– whether you are buying or selling.

Contact me if you are looking for top-notch representation.  My team and I will be there for you.  If you are looking in an area we don’t service I can certainly recommend a Professional real estate agent for you!


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edwards Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

 

Filed Under: Charlotte News and Information Tagged With: 1st time home buyer, appraisal gap, appraisal waiver, ballantyne realtor, best real estate agent, best realtor charlotte, buying a home, Charlotte, charlotte best real estate, Charlotte realtor, Charlotte Remax Agent, choosing a real estate agent, choosing a realtor, due diligence fee, due diligence nc, first time home buyer, first time home buyer charlotte, how much due diligence, real estate agent charlotte, realtor charlotte, realtor near me, realtor tips, remax agent charlotte, remax executive, remax realtor, top charlotte real estate agent, top charlotte realtor

Buying a home Charlotte | Love or Lust?

February 16, 2022 by Danielle Edwards

Buying a home Charlotte | Love or Lust?

How to know if the prospective home is the right match for you

Danielle Edwards, Charlotte Realtor, featured in RE/MAX article

 

Buying a home Charlotte

A Charlotte RE/MAX agent offers helpful advice to keep buyers on track during the homebuying process.

Ever fallen in love with a house way over budget? Or had a crush on a house that’s too far from work?

Eager to get into a new home, buyers can often find themselves fantasizing over a property with bells and whistles that make it enticing, even though it’s not a great match. Add in low inventory, and buyers can be frantic to lock down any house. This can be especially relevant for first-time homebuyers who come into the process excited with high expectations. According to the National Association of REALTORS®, first-time buyers made up 34% of all homebuyers in the U.S. in 2021.

With more than 16 years of experience in Charlotte real estate, Danielle Edwards, an agent and team leader with RE/MAX Executive in Charlotte, North Carolina, shares how buyers will know they’ve found the right home for them (aka, the one) when they are buying a home Charlotte.

It meets your essential criteria- Buying a home Charlotte

Which features are must-haves, and which would simply be an added bonus? Before starting the homebuying process, make a comprehensive list of wants versus needs. Sticking to this list while browsing for homes can help eliminate properties that drive the lust factor but don’t actually suit the needs of you and your family.

Edwards tells her clients to consider their lifestyle when making this list.

“A buyer may say they want a large flat yard or a spacious yard for entertaining. I will say to them, ‘Think about how you actually live,’” says Edwards, a RE/MAX Platinum Club member. “I try to get buyers to really think about where they spend their time when they’re at home because being realistic can help them cross out some properties. It doesn’t make sense to get in a bidding war over something that you’re not going to use.”

She reflects, “In my own experience, in my previous house, we never went into our yard. We thought it would get so much use, but in reality, we were so busy on weekends it never got used as we had intended.”

When determining essential criteria in a prospective home, it’s important to also consider which elements you’d like to be move-in ready and what you’d be willing to renovate down the road.

“I find that some buyers get caught in this rabbit hole of the ‘perfect house.’ In reality, there is no perfect house. Every house has its quirks, so you have to figure out what is right for you,” Edwards says.

“There will always be something to do to it to make it more personal, whether you need to add a wall to make a home office, paint the exterior or remodel the kitchen. No matter what house you buy, you’re likely going to be spending money to make it your own. For some buyers that’s immediate and for some buyers that will happen over time.”

You can afford it- Buying a home Charlotte

Getting pre-approved for a mortgage – a process where a lender evaluates and confirms your borrowing potential – can help determine how much money you can actually spend on a house. But remember: the price of a home is more than just the down payment and monthly mortgage payments.

Account for the essential homebuying fees for services like inspection, closing, and working with a professional agent, and budget for unexpected home maintenance costs and regular repairs as well. In addition to furnishing a home, be prepared to deal with inevitable repairs to the roof, HVAC system, plumbing and more.

Seasonal maintenance costs may vary depending on the local. For example, harsh frosts can take a toll on driveway pavement and snow can present different risks to roofs in colder climates, and yard maintenance – like watering the lawn – can cost significantly more in warmer or drier climates. Depending on the weather, be prepared to purchase a snowblower or even xeriscape a yard.

 

It’s near important points of interest (POIs)- Buying a home Charlotte

When shopping for a house, it’s important to consider its proximity to places you frequent, like work, school, family members or a favorite park to walk the dog.

Location is personal. Some buyers are willing to expand the boundaries of their home search in order to find a fully renovated home, whereas others will take on a fixer-upper to be in their optimal location.

“Some people are focused on school districts or they’re focused on a certain neighborhood and that makes it easier to narrow down their search,” Edwards says. “If you convince yourself to move to an inconvenient location because you found a house you like, you could end up wanting to move out shortly after moving in.”

You feel at home in the community- Buying a home Charlotte

If buying locally, and not sight-unseen, try to spend time within the desired neighborhood before purchasing a home there.

“I always tell people to drive around the streets, go to the local park and talk to people who live in the neighborhood,” Edwards advises. “That’s something potential buyers can do even if you’re two to three years out from buying. That way, when you’re ready to buy, you have it narrowed down to where you want to be – and this is especially helpful when you have to act fast in a hot market.”

Ultimately, a qualified real estate professional is going to be your best source of information to discuss potential properties with and help narrow down which one is a perfect match.

“Whether it requires touring just one home that resonates or 50, a real estate agent is going to make sure they help you find the right one for you,” Edwards says.

Written by Leah Curtis

____

For more information on buying a Charlotte home check out my playlist chock full of free advice on buying your first home.  If you would like to set up a home buying consultation to discuss your game plan, just reach out!

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Filed Under: Advice, Charlotte News and Information, Featured Tagged With: best realtor charlotte, buying a home, buying a home charlotte, buying home tips, charlotte real estate tips, charlotte remax, tips

Top 5 Mistakes a Buyer Makes

October 30, 2020 by Danielle Edwards

TOP 5 MISTAKES A BUYER MAKES

Looking to purchase a home? STOP!  Check out my TOP 5 before you start!

Click here for everything you need to know about buying a home in North Carolina.

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

 

Filed Under: Advice, Charlotte News and Information Tagged With: buyer agent charlotte, buyers, buying a home, Charlotte, Charlotte realtor, Charlotte Suburbs, danielle edwards, for sale charlotte, moving, remax agent, remax executive, top 5 mistakes a buyer makes

Charlotte Real Estate Market Report

July 16, 2020 by Danielle Edwards

Charlotte Real Estate Market Report

Market home sales show early signs of recovery for Charlotte Real Estate

Is the Charlotte Real Estate market recovering? As businesses across the region continue to adjust to reopening, home sales across Charlotte show the housing market in the early stages of recovery. According to data from Canopy MLS, home sales in June were down only 1.8% compared to June 2019. 4,938 properties sold in June 2020. Closed sales compared to May 2020 increased 37.2% with 340 more transactions completed than the previous month.

Pending contract activity

Buyer interest and demand for homes in the region is returning to pre-pandemic levels. Pending contracts rose significantly by 26.8 percent year-over-year with 6,174 properties going under contract in June. Contract activity compared to May 2020 was also positive and rose 4.2 percent.

Charlotte Real Estate Market
2020 Canopy Realtor® Association/Canopy MLS President John Kindbom said, “The large bump in pending contracts this past month compared to last year shows that buyer demand is healthy and was held back simply due to COVID-19. The last two months were certainly challenging. There are still challenges ahead. But we can already see the market is improving and will likely be a key driver in our economic recovery.” Prices rose during the month of June. The average list price ($366,537) rose 10.9 percent compared to last year but decreased 2.4 percent compared to May 2020. The median sales price ($284,900) and the average sales price ($333,938) rose 7.5 percent and 3.5 percent, respectively. The original list price to sales price ratio was at 97.6 percent, showing sellers are getting close to their asking prices.

 

New listing activity

 

New listing activity continues to lag and signals that seller confidence is recovering at a slower pace. Year-over-year new listings were down 8.5 percent with 5,365 new listings added to inventory during the month. Compared to May 2020, new listing activity rose 3.8 percent as sellers continue to adjust to virtual showings and opening their homes to buyers in the safest manner possible under current and changing conditions.

Kindbom added, “Realtors® certainly understand the hesitancy many sellers have in listing a home during what seems to be the height of a pandemic, even though agents continue to use every precaution to ensure safe showings. However, with inventory at the lowest level recorded, there’s a lot of opportunity for sellers who are ready to list. In fact, new listings get increased visibility and are spending less time on market.”

Inventory in Charlotte Region

Inventory across Charlotte declined 46.7 % year-over-year to 5,701 active listings at report time. This pushed months of supply to 1.3 months in June. This time last year the market had nearly three months of supply and 10,698 active listings.
Homes continue to sell briskly, which is another hallmark of a strong seller’s market. Days on market, the metric that accrues for “Active” and “Under Contract-Show” statuses, averaged 38 days in June 2020 compared to 40 days in June 2019. The average number of days a property was on the market from the time it was listed until it closed (list to close) was 89 days.

Charlotte Real Estate Market
The Canopy Realtor® Association provides monthly reports on residential real estate market activity for the Charlotte Metro region based on data from Canopy MLS. The Charlotte Metro region, which this report is based on, includes 12 counties in North Carolina and four counties in South Carolina.

For more information on this report and data please contact Danielle Edwards with RE/MAX Executive.

 

 

 

 

704-604-2999

drivendanielle@gmail.com

www.soldondanielle.com

Filed Under: Advice, Featured Content, Market Conditions Tagged With: buying a home, charlotte market statistics, Charlotte realtor, listing agent, realtor, remax, remax charlotte, selling your home, south charlotte, Southpark

Featured listings

$299,000
3210 Selwyn Farms Lane Unit 7
Hunters Run - 1BR, 1BA
$1,100,000
1233 Weymouth Lane
Bellemeade - 4BR, 3.1BA
$528,500
6013 Coaching Inn Court
Bishops Ridge - 3BR, 2.1BA
$739,000
2342 Wesley Landing Road
The Courtyards at Wesley Chapel - 3BR, 3BA
$478,000
7417 Shadowlake Drive
Shadow Lake - 4BR, 3BA
Google Reviews
25 Home Preservation Tips by Danielle Edwards
Subscribe to my YouTube Channel

Contact

Danielle Edwards
RE/MAX Executive
12104 Copper Way Ste. 100
Charlotte, NC 28277
704-276-6882
info@soldondanielle.com

Get Social

LinkedIn  Facebook  Instagram

RE/MAX Executive

© Copyright 2014 Charlotte Real Estate · All Rights Reserved · Powered by Charlotte Real Estate Website Services.


Log-In