Danielle Edwards

RE/MAX Executive

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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.

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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

OAKBORO NC – FARM LAND FOR SALE

August 3, 2023 by Danielle Edwards

Welcome to OAKBORO NC LAND for SALE

 

BEST REALTOR OAKBORO

Looking for a real estate agent in Oakboro? Or Stanly County area?
My award winning marketing and hard work ethic have proven to work.

Recently sold a combined 20 acres and broke records for the value of land in Oakboro, NC,

 

 

She is more than a for sale sign- she is amazing!…

“The task of selling acreage, with its distinct set of challenges, demands a knowledgeable and dedicated individual, and Danielle has proven herself to be just that. A rockstar who successfully sold a 9 & 11-acre property. She meticulously oversaw every aspect of the process, ensuring a seamless transaction from listing through closing. Fabulous marketing! She articulated parts of the property that I could not put into words. This was not limited to the MLS listing description alone; she skillfully incorporated these qualities into compelling signage, effectively drawing local attention to our land. Top-notch communication skills made the process clear for us were available to explain to buyers. In conclusion, I wholeheartedly recommend Danielle to anyone in need of a Realtor in Oakboro or the surrounding area. Her exceptional skills, dedication, and Professionalism make her a standout choice in the real estate industry.” – JEN SUHAY

 

What to know about OAKBORO, NC or Stanly County area.

Grab your fishing gear or kayak because Rocky River Blueway access is just around the corner. Or use a boat to reach Badin Lake! Only two miles from Main Street Oakboro, where small businesses are thriving and expanding, you can enjoy the best of country living. Old ponds that are concealed by trees can also be revived! Oakboro Park, which hosts events, has a disc golf course, walking and exercise trails, playgrounds, baseball fields, and a bandshell, is nearby. This town is famous for its July 4th celebrations, which include a carnival, parade, live music, and more! This “is the county,” which has fewer regulations and no city taxes while still being convenient in EVERY WAY!

For more details on this SOLD land listing, click here

Drone video of listing

11 acres sold for $250,000 listed at $295,000

9 acres along hwy 138 listed at $250,000 sold for $200,000

Image of 11 acres
Image of 11 acres
Picture of Land for Sale
Future driveway

View on the groud
Future driveway
Driveway to be cleared

Stanly County
OAKBORO NC

Here’s the Survey below:

Oakboro, NC in STANLY COUNTY -best secrets  for country living in North Carolina

Since these Oakboro lots are currently being farmed, the soil should be fine to perk for what you need.  The adjacent lot they own perked for a 5 bedroom/ 4 bathroom home.

Things to do in Oakboro, NC in Stanly County

  • Oakboro Town Park 

Check out Main Street shops from the history museum to other favorites.

  • Town Creek Indian Mound

Go fishing on your pond or Rocky River Blueway 

  • Friday Night Cruise-In Downtown Oakboro Antique Cars

 

  • Saturday Farmers Market

  • Live Music in Locust
  • Relax
  • Take your picture on the famous red caboose or watch the train pass through town.

Don’t miss the chance to take your best photo on the Red Caboose.

  • Visit Oakboro Tractor and tell them I sent ya

Whatever you do… DON’T SPEED!  The speed limit changes frequently, and trust me, they are sweet as sugar here, but don’t take speeding lightly.

 

 

Danielle Edwards

Why me for Oakboro Real Estate in Stanly County?

My husband and I recently bought a family property, and what started out as a fun project has turned into an appreciation for being out of the city of Charlotte.  Other than my husband being reconnected to his Southern roots and getting into so many outdoor projects, we truly look forward to our peace and quiet here.  I feel many people will be looking for alternatives for real estate since living in Charlotte, NC, has become well-unaffordable.  With the quick 45-minute commute to Charlotte, it is a viable option for folks who maybe don’t mind commuting or working from home part of the time.

From a real estate perspective, I bring with me “city-level” marketing and expertise on how to market a home or land for sale.  If you found this from my listing on Highway 138– then clearly…. it worked.

I am happy to be a resource for anyone thinking of purchasing here for either a weekend getaway or a new pace of life.  For me being more of a city girl, married to a country guy, I am not going to lie… I love it here in Oakboro, NC.

Contact Danielle Edwards for information on Stanly County, real estate.

North Carolina Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.

2023 is the year of the Professional Realtor and returning to a more normal real estate market.


Danielle Edwards

Oakboro Real Estate / Stanly County, NC

Realtor, REMAX EXECUTIVE

Hefferon | Edwards Team
Licensed In: NC
License #: 249833
Contact Me

Filed Under: Blog, Closed Portfolio Tagged With: best realtor oakboro, best small towns north carolina, farm land for sale, farm land oakboro, farm land stanly county, land for sale oakboro, locust real estate, oakboro real estate, oakboro realtor, real estate agent oakboro, real estate oakboro, remax oakboro, remax stanly, stanly county, stanly county real estate

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

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