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

Exploring National & Charlotte Real Estate Market Trends 2024

September 16, 2024 by Danielle Edwards

 

Navigating the National and Charlotte Real Estate Market in September 2024

The national real estate market trends are ever-changing, impacting both the overall market and local markets like Charlotte. As we step into September 2024, several key updates are affecting the current mortgage rates, leading to significant housing market updates. Over the past two years, we’ve seen rapid increases in 30-year fixed mortgage rates, influencing affordability and real estate market balance nationwide.

National Market Update: Shifting Mortgage Rates and Trends

The national real estate market has seen substantial shifts in 2024, with a particular focus on the mortgage rate forecast. The Federal Reserve is signaling policy changes, and the real estate market news indicates potential rate cuts. This change could significantly impact the national home buying guide for those considering new purchases. Figure 1 shows the trend of 30-year fixed mortgage rates over the past few years. Housing market predictions suggest that lowering rates will open up more home-buying opportunities, potentially influencing real estate investment tips for buyers and investors alike.

National Mortgage Rates Over Time (2020-2024)Figure 1: National Mortgage Rates Over Time (2020-2024)

 

The National Real Estate Market Analysis and Balance

We’re witnessing a more balanced national market. A balanced market typically involves a five to seven-month supply of homes, and we’re seeing signs of this balance across the country. Housing market insights show that inventory levels are on the rise, and homes are staying on the market longer. This shift may affect those looking for property investment guides or considering the best time to buy a home. National Real Estate Market Analysis 2024 emphasizes understanding these dynamics for strategic decision-making.

Charlotte Market Insight: Trends and Opportunities

In the Charlotte Real Estate Market, we’re observing similar shifts. Charlotte housing market updates reveal that inventory is increasing, and the market is leaning towards balance. Figure 2 illustrates the monthly inventory levels in Charlotte, highlighting the market’s trend towards balance. For those searching for homes for sale in Charlotte NC, this is a significant development. Charlotte NC property listings are staying on the market a bit longer, providing more options for buyers. If you’re buying a home in Charlotte, now might be the ideal time.

Charlotte Housing Market Inventory (2023-2024)Figure 2: Charlotte Housing Market Inventory (2023-2024)

 

Working with the Best Realtors in Charlotte

With the market changes, working with a knowledgeable Charlotte Realtor becomes essential. As a top real estate agent in Charlotte NC, I offer insights into Charlotte real estate trends and help navigate the complexities of the market. Whether you’re looking for the best Charlotte neighborhoods to buy a home or understanding the impact of mortgage rates on home buying, expert guidance is key.

Opportunities and Tips for Buyers and Sellers

Despite these market shifts, there are numerous home-buying opportunities in the Charlotte real estate listings. Sellers, too, can benefit by understanding the market dynamics. Figure 3 compares the average home prices in the national market versus Charlotte.

National vs. Charlotte Home Prices (2022-2024)Figure 3: National vs. Charlotte Home Prices (2022-2024)

 

  • Price your home correctly based on the real estate market analysis.
  • Understand how mortgage rates affect the housing market.
  • Consider the current real estate market 2024 trends before making decisions.

For first-time home buyer tips, it’s important to weigh the pros and cons of buying vs. renting in Charlotte. Given the market’s current state, this might be an opportune moment to invest in affordable homes in Charlotte NC.

Final Thoughts on Navigating the Charlotte Market in 2024

Understanding the latest trends in the national housing market alongside the Charlotte real estate market is crucial. Whether you’re considering how to navigate the Charlotte real estate market in 2024 or looking for tips for selling your home in Charlotte, staying informed is key. The market is evolving, and with the right strategy, you can make the most of the opportunities it presents.

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: Advice, Blog, Charlotte News and Information, Charlotte Real Estate News Tagged With: Affordable Homes in Charlotte, Best Charlotte Neighborhoods to Buy a Home, Best Time to Buy a Home, buying a home in charlotte, Charlotte NC Property Listings, Charlotte Real Estate Listings, charlotte real estate market, Charlotte realtor, First-Time Home Buyer Tips, Home Buying Opportunities, home selling tips, Housing Market Predictions, Housing Market Update, How Mortgage Rates Affect the Housing Market, Impact of Mortgage Rates on Home Buying, Latest Trends in National Housing Market, locust nc, mortgage rates 2024, National Real Estate Market, Navigating Charlotte Real Estate Market 2024, Property Investment Guide, Real Estate Investment Tips, Real Estate Market Analysis, Real Estate Market Balance, Real Estate Market Forecast, Real Estate Market Insights for Charlotte Buyers, Real Estate Market Trends, realtor stanly county, stanly county real estate, Understanding Mortgage Rates in 2024

Do I Have to Pay the Buyer’s Broker? Questions Answered

July 1, 2024 by Danielle Edwards

 

Do I Have to Pay the Buyer’s Broker?

The New York Times posed the question, “I hired an agent to sell my property, do I have to pay the buyer’s broker now?” The answer is no, and it’s always been no. You could have listed it yourself or offered no compensation. There’s stuff you don’t have to do, but it’s smart to do.

Understanding the Real Estate Commission System

Like, I didn’t have to shower today, but I did because it’s good for me. When you don’t pay the buyer’s broker, you’re basically paying your own agent to work with others. However, not paying the buyer’s broker puts you at a disadvantage.

Benefits and Disadvantages of Not Paying

It reduces the number of potential buyers who can afford your property because they’re already dealing with moving costs, closing costs, and down payments. Adding another fee can deter many potential buyers and reduce demand, affecting the price you can get for your property.

Understanding the Benefits and Drawbacks

But, you also benefited from this system when you bought your house, and you’ll benefit again when you buy another one. You might not love the system, but it’s why the industry is strong and why you get good prices. So, do you have to pay the buyer’s broker? Nope, you don’t have to, but it’s probably a good idea. It’s like paying for insurance; you might not use it, but it’s there if you need it.

Ultimately, while not compensating the buyer’s broker may seem like a cost-saving measure, it’s crucial to consider the broader implications. By understanding the dynamics of the real estate market and the role of commissions, you can make informed decisions that align with your goals as a seller.

For more insights on the benefits of hiring a real estate agent when buying a home, check out this article.

Top 5 Benefits of Hiring a Real Estate Agent for Buying a Home

Reach out to us, and we’ll be delighted to assist you in finding your dream home. 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

danielleedwards@REMAX.net

704-604-2999

Filed Under: Advice, Blog Tagged With: Benefits of Paying Buyer’s Broker, Buyer Incentives, Buyer’s Broker, Charlotte Home Sales, charlotte housing market, Charlotte Property Market, charlotte real estate, Charlotte Real Estate Trends, Home Buying Process, Home Selling Costs, Home Selling Strategy, home selling tips, Market Demand, Property Listing, RE/MAX, RE/MAX Agents, RE/MAX Broker, RE/MAX Charlotte Listings, RE/MAX Commission Structure, real estate, Real Estate Advice, Real Estate Commission, Real Estate Commissions Explained, Real Estate Fees, real estate market, Real Estate Practices, real estate tips, real estate transactions, Seller Strategy, sellers agent

Real Estate Success in Oakboro: Record-Breaking on Land Sales

May 8, 2024 by Danielle Edwards

Real Estate Success in Oakboro: Record-Breaking on Land Sales

In Oakboro real estate, achieving record-breaking success requires trust, innovation, and determination. Follow Danielle’s journey as she breaks sales records in Stanly County.

Introduction: A Challenge Accepted

When Danielle’s friends entrusted her with selling 20 acres of land in Oakboro, NC, she embraced the challenge. Although land sales weren’t her usual forte, she was determined to succeed. Breaking it down into two parcels—9 acres and 11 acres—Danielle set out to devise a winning strategy.

Strategy and Execution: Innovative Approaches

Danielle knew that to fetch prices above recent comps, she needed to employ every tool in her RE/MAX toolkit. From the outset, she implemented a comprehensive marketing plan that left no stone unturned. Special signage, targeted advertising, captivating drone photography and video, a dedicated domain, and strategic sign riders were just a few of the tactics she employed. But Danielle didn’t stop there. She went the extra mile, conducting tours on a UTV to showcase the land’s potential to prospective buyers.

Record-Breaking Success: Setting New Standards

Danielle’s efforts bore fruit in spectacular fashion. Last September, she sold the first parcel of 9 acres for a staggering $25,000 per acre—a record-breaking price for the area. But that was just the beginning. This April, she shattered expectations once again by selling the remaining 11 acres for an impressive $22,727 per acre. Not once, but twice in a row, Danielle achieved what many thought impossible, cementing her reputation as a force to be reckoned with in Oakboro’s real estate market.

These remarkable sales represented an 18.9% increase in price for the area, demonstrating Danielle’s exceptional ability to set new standards and surpass previous benchmarks in the local real estate industry.

Gratitude and Trust: The Foundation of Success

None of this would have been possible without the trust placed in Danielle by her clients, the Suhay family. Despite knowing that land sales weren’t her expertise, they trusted Danielle implicitly and followed her advice every step of the way. It’s this trust that formed the bedrock of their successful collaboration, culminating in not one but two record-breaking sales.

 

Where Trust Leads, Records Follow

In the world of real estate, trust is invaluable. Danielle’s story exemplifies how trust, coupled with unwavering determination and innovative strategies, can lead to unprecedented success. Breaking records in Oakboro, NC, wasn’t just about selling land—it was about forging lasting relationships built on trust and delivering exceptional results. So, the next time you have a challenge in real estate, remember Danielle’s story. Trust the process, trust your agent, and watch as records are shattered.

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

danielleedwards@REMAX.net

704-604-2999

Visit my YouTube Testimonials

Filed Under: Blog, sold Tagged With: best realtor oakboro, danielle edwards, home selling tips, Investing in Land, Land for Sale, Land Selling Tips, North Carolina Land Sales, Oakboro Living, oakboro nc, Oakboro Real Estate Agent, Property Investment, Real Estate Success Story, real estate tips, remax agent, remax executive, Rural Property Sales

7 ways to declutter your home

March 17, 2020 by Danielle Edwards

7 ways to declutter your home

It’s a great time to declutter your home, here’s 7 ways you can get started

It’s not exactly easy to stay home when you’re used to living a busy, “hustle and bustle” lifestyle. But during these uncertain times, taking advantage of the opportunity to declutter your home may help ease some anxiety while keeping you moving. While many of us are working from home and/or entertaining kids during the day, now is the time to get some of those long term to-do list items checked off your list. What better time to start the spring cleaning process? Read below for 7 ways to declutter your home while practicing social distancing.

1. Organize all those photos on your computer

If you’re anything like me, you’ve got thousands of photos of your computer from over the years. Family vacations, holidays, and random snapshots of the kids growing up. Take this time to organize those photos into folders. You can organize them by year, and then by month or event. When you’re ready to create a photo album or print a photo to frame, they’ll be easy to find in no time! Here’s a great article on best practices for organizing digital photos. 

2. Sell stuff online that you don’t need.

Declutter your home AND make some money. You can sell gently-used, brand named clothes on Poshmark, a smartphone app that allows you upload photos of your items, pick a price, and sell them online. Poshmark covers all shipping costs. All you have to do is print their pre-paid shipping label, and take the item to your nearest post office. An easy Poshmark tip is to actually put on the outfit and accessorize, and have someone take a photo of you wearing it all (or use self timer.) You can also try laying the clothes flat on the ground with fun accessories, or decorations such as succulents or flowers. Click here for more Poshmark tips!

Clothes are much more likely to sell when people can see what they look like being worn. Throw a filter on the photos while you’re at it! For furniture, electronics, or larger household items, download the Offerup, VarageSale or LetGo apps.

3. Clean out your bedroom closet

http://closettiffany.femaline.ru/7806164-trendy-minimalist-closet-organization-ideas-inn6.html

Now that you’ve identified the items that you are selling, it’s time to identify items that you just don’t need or use, and don’t think you can sell. Spring is here. If you didn’t wear it at all this past winter, haven’t worn it in 5 years, or forgot you owned it at all, get rid of it. Someone else out there would love to have it. And you’ll love the weight off your shoulders when your closet is decluttered! Try these affordable Amazon items for better organizing your closet space:

-Heavy Duty Storage Organizer
-8 Tier Shoe Rack
-Shelf Dividers
-Multi-tiered pants hangers
-Belt hanger
-4 tier skirts hangers

Side note: Closet organization and modern built-in shelving could even help sell your home in the future. Check out this article on other tips for selling your home in Charlotte!

4. Clean out those junk drawers

Declutter your home by organizing your junk drawers

https://www.pinterest.com/pin/824862487980527480/

We all have a drawer or two that’s designated for random cords, change, pens, junk mail and other miscellaneous items. If you haven’t needed the cord or referred back to the opened junk mail, toss it! Add the change to your kid’s piggy bank, throw away the packaging to the headphones you bought 2 years ago. If you have multiple drawers that need to be cleaned out, use this 16 piece drawer organizer from Amazon!

5. Start a keepsakes collection

While you’re cleaning out closets and drawers, chances are you will run across some keepsakes you can’t bring yourself to throw out or give away, but may not necessarily have a specific place for. Purchase a large, high quality box or use a piece of furniture like a storage chest to hold these keepsakes in. Family photo albums, hand-written cards from loved ones, baby clothes you can’t bring yourself to part ways with, you name it. Later, you can pass down this piece of furniture with everything inside. A tip: While storage chests are widely available on Amazon, you may want to keep keepsakes in a box until you are able to buy a handmade piece from a local vendor. Check Craigslist or Facebook marketplace!

6. Clean out your car

You don’t just have to declutter your home to feel better. Now is a great time to pull the car into the driveway and clean out every inch. The trunk, center consoles, those flaps in the backs of the seats. You’ll be thanking yourself the next time you drive around in your squeaky clean car. Don’t forget to disinfect!

7. Organize smaller linen closets

Whether you fill your linen closets with bathroom items or actual linens, take advantage of any extra time to organize them. There are so many ideas on Pinterest on how to creatively make some more space in this tiny closets. Try rolling your towels and washcloths, putting cotton balls and cotton swabs in their own little canisters instead of the boxes they come in, and even use shoeboxes and shoeboxes lids to hold smaller items like hairspray and perfumes.

Declutter your home by organizing linen closets

https://newsmartdesign.com/✔61-effective-bathroom-storage-organization-ideas-few-factors-to-consider/51-effective-bathroom-storage-organization-ideas-few-factors-to-consider-43/#main

There you have it. Have fun and enjoy the process! Remember to wash your hands, sanitize your surfaces, and take it easy inside your own home for a while. Stay healthy, folks!

Now your home will be organized AND ready to sell when the time comes(assuming you keep it this way).


Contact Danielle Edwards with Re/Max Executive for information about real estate in Charlotte, NC.

704-604-2999
http://www.soldondanielle.com

Filed Under: Featured Content, Uncategorized Tagged With: Buying a Home Ballantyne NC, Declutter, home organization, home selling tips, minimalism, minimalist home, Real Estate Agent Charlotte NC, realtor ballantyne nc, remax agent ballantyne nc, Remax Agent Matthews NC. Remax Real Estate Agent Matthews NC, Remax Agent South Park NC, remax broker ballantyne nc, remax broker matthews nc, Remax Broker South Park NC, Remax Real Estate Agent Ballantyne NC, Remax Real Estate Agent Charlotte NC, Remax Real Estate Agent South Park NC, remax realtor ballantyne nc, Remax Realtor Charlotte NC, remax realtor matthews nc, Remax Realtor South Park NC, Selling a Home Ballantyne NC, tips and tricks

Featured listings

$528,500
6013 Coaching Inn Court
Bishops Ridge - 3BR, 2.1BA
$1,690,000
324 Squash Harvest Court
Atherton - 5BR, 4.1BA
$1,100,000
1233 Weymouth Lane
Bellemeade - 4BR, 3.1BA
$891,400
6119 Bittersweet Lane
Providence Plantation - 4BR, 2.2BA
$399,000
426 Kenwood View
Sagecroft - 4BR, 3.1BA
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