We're Back in Business!
Dear Friends,
I hope you and your family are well. I am so thankful that we have been able to stay in touch with family and friends through calls and emails, virtual meetings, social media and even a few walks together, while social distancing. My Salem College reunion party was held last weekend thanks to Zoom.
I wanted to provide for you a few updates about the real estate market that I hope will be helpful.
There is very positive news in the real estate marketplace. As of April 30 real estate brokers can show houses again, while using cautionary procedures to ensure the well being of homeowners and potential buyers.
While COVID-19 has negatively impacted so much of our economy, housing will be part of the solution and a driving force in the recovery. Just last week mortgage applications came back up sharply! Residential real estate values are expected to appreciate 4.2% this year and home prices are continuing to rise. The average sales price in Charlotte was up in March, compared year-over-year, 8.7% to $315,243. Interest rates are at historic lows.
This is a great time for both buyers and for sellers.
If you are thinking about buying I can set up a RealScout home search account for you so you never miss a thing in this fast moving market. RealScout is #1 in the industry with the best engagement and search experience that I’ve ever seen.
I can also provide a Real Estate Review with information about national and regional trends, an overview of sales in your own neighborhood as well as a practical look at how rental property investments are paying college tuitions, building retirement funds and growing wealth.
My goal is to be of service to you in any way I can.
Best wishes,
Jane
