Profile picture for mmgarnet

own a home in charlotte nc, should I sell now or wait for market to improve

  • December 18 2008 - Charlotte
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (5)

Profile picture for natewolf
One more thing. If you're considering purchasing a different home in Charlotte, remember, you can probably find a GREAT PRICE on a home right now-- probably at BETTER INTEREST RATES than what you are currently paying... So you will be trading in your old house for a new one, in an area you want to be in, for a lower overall payment. Sounds like the time to sell is now... because the time to BUY is now!
  • December 19 2008
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for natewolf
One more thing. If you're considering purchasing a different home in Charlotte, remember, you can probably find a GREAT PRICE on a home right now-- probably at BETTER INTEREST RATES than what you are currently paying... So you will be trading in your old house for a new one, in an area you want to be in, for a lower overall payment. Sounds like the time to sell is now... because the time to BUY is now!
  • December 19 2008
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for natewolf

I'm a broker in Charlotte. Your question is valid, but requires some more information to fully answer.

1. Do you intend to move or purchase another property? If yes, then now is a great time to buy, so if selling your home is required before you purchase, then it probably is a good time to sell.

2. There is never a perfect time to sell. Right now buyers are waiting for something that may or may not ever happen in Charlotte. Buyers are seeing GREAT mortgage rates. If your home is not on the market, then you will miss out on these buyers.

3. Charlotte's overall market growth has been more steady than in other markets. But this depends on where in Charlotte your home is located. The market has not completely fallen out of our market because overall our local economy is still strong and growing, if slower than normal at the moment. This ties into property values. If you wait too long, you may miss the opportunity to buy at a great price now.

Contact me if you want to more fully discuss your specific property. 704-606-7268.

  • December 19 2008
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for shawneclark
Sell why you have the chance before it gets worse. Charlotte hasn't taken a hit as bad as other places, but its starting to spiral downward. If you want out try selling now.
  • December 18 2008
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

It depends on many factors. The best advice is to speak to full time, top producing Realtor in the Charlotte area.  If you need assistance I can recommend a few good names to you.  We relocate many clients between Wilmington and Charlotte.
  • December 18 2008
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.