Inventory is low in our Charlotte market—here’s what that means for you.
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Now that we’re well into January, what can we expect from the rest of 2021? Why is inventory so low in our Charlotte real estate market?
The primary reason inventory is so low is that interest rates are at historic lows. This means that buyers who otherwise wouldn’t be thinking about purchasing a home are looking at sub-3% rates and deciding they simply can’t stay on the sidelines. These kinds of rates have an incredible impact on what you can afford, so whether you’re thinking about upsizing, downsizing, or moving to a different location, now’s the perfect time to act.
Inventory is also low because a lot of potential sellers aren’t sure where they want to go or what steps to take. The good news is, we at the Charlotte Home Experts team have methods and strategies to take you from your current home to your next with minimal hassle, whether that means a leaseback program or a variety of others that limit your liability.
If you’d like to know more about which options you have that enable you to take advantage of your equity or have any other real estate needs, don’t hesitate to reach out to me. I’d love to help you accomplish all your real estate goals.