Have you been wondering about what to expect for Real Estate in 2024?? It's been all over the news lately - headlines screaming about a crash, talk of a bubble, and whispers of a looming recession. As real estate agents, we get it - it's confusing and kinda scary, right?
In this video, I’ll be sharing insights on what to expect in the housing market in 2024:
* Mortgage Rates: Are they going up or down? And why does that matter if you're thinking about buying a home?
* Mortgage Applications: Have you noticed more people applying for mortgages? That can give us a clue about how the housing market is doing.
* Inventory and Demand: Are there enough homes available for everyone who wants to buy? Let's talk about whether there's a good balance between how many homes are out there and how many people want to buy them.
* Renting: With all the changes happening, is renting still a good option? Let's weigh the pros and cons together.
* MLS Transactions: Why do I think we're going to see more homes being sold this year? Let's dive into the reasons behind this.
* Rates and Buyer Interest: Even though rates are going down, there are still lots of people interested in buying homes. Let's figure out why that is.
Despite all the ups and downs, Charlotte's economy is still doing pretty well. My goal is to give you a better understanding of what to expect in the housing market in 2024 so you can make informed decisions.
Buyers and sellers, don't hesitate to reach out to me.
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📲 I have so many people contacting me who are looking moving here to Charlotte North Carolina and I absolutely LOVE it! Honestly if you are moving or relocating to Charlotte North Carolina or any of the surrounding cities, I can help make that transition easier on you!
Reach out day or night! Let us get to work for you!
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🤔Thinking of Moving to Charlotte North Carolina?
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Chapters:
00:00 - 00:21 Intro
00:22 - 01:40 Mortgage Rates - What to expect
01:41 - 02:38 Mortgage Rates- What does this mean for buyers
02:39 - 02:53 Mortgage applications are increasing in the housing market
02:54 - 04:11 Inventory and Supply and Demand
04:12 - 05:22 What I expect - Inventory to increase and interest rates to decrease
05:23 - 05:57 Renting is still a good option
05:58 - 06:13 MLS expected to have more transactions this year
06:14 - 06:47 In a nutshell: Rates decrease, buyers demand is high, Charlotte's economy remains strong
06:48 - 07:12 Outro
#CharlotteHousingMarket #RealEstateTrends #HomeBuyingAdvice