How Will the Upcoming Elections Affect Real Estate?

People voting election poll

Are you wary about entering the housing market as November 5 gets closer? An election year often causes buyers and sellers to pause … but here’s why it shouldn’t.

So if you’re thinking about buying, NOW is a good time. While some buyers wait on the fence, you’ll have less competition for your dream home.

If you wait to buy, you’re probably going to pay more for your home. In July, the average sales price for a home in Charlotte was $510,624, that’s up 7.8% over July of last year.

We expect rates to continue to come down a bit … but here’s what’s important to remember.

The house you want today will cost you less than it will in 6 months. And if today’s rate is more than the rate in 6 months, you can refinance, knowing you’ve already built some equity!

Let's Make It Happen!

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