Recent research conducted by Trulia revealed a little over 25 percent of the homes on the market had at least one price cut. Typically, Thanksgiving is a time when sellers want to have their homes in contract. The month before marks a time when Charlotte home buyers can find some great deals on the housing of their dreams.
The average reduction when a price cut is initiated on a home is 10 percent. If you purchase a Charlotte home for $500,000, that can add up to significant savings. Taking advantage of just one price cut can save you up to $50,000 or more off the price of your new Charlotte home. The trend of reducing home prices before the holidays means you could be living in your dream Charlotte house by the new year.
Mortgage interest rates continue to be low. Coupled with lowered Charlotte housing prices and it’s definitely a viable time for buyers to shop around. Treat yourself to the holiday gift of a lifetime when you buy a fabulous Charlotte home for less. A quick review of some of the latest deals will make you want to go house shopping right away.
If your housing budget is around $1,000,000, there are plenty of gracious options to choose from. Consider an English Tudor inspired 4 bedroom Myers Park home with 4 baths, 2 half baths, marble countertops, wood flooring, covered terrace, vaulted ceilings, wine cooler, 10′ ceilings, upgraded fixtures, gourmet kitchen and ceiling fans. Another option for about $1,000,000 is a 4 bedroom, 4 ½ bath Myers Park townhouse with double doors, 10′ ceilings, gourmet kitchen, library with fireplace, large master suite with fireplace and more.
For those with a budget closer to $500,000, check out a 4 bedroom, 2 bath Dilworth bungalow with a large front porch, high ceilings on the main floor, decorative fireplaces, wood floors and private read year with deck, patio and fence. If you want to spend closer to $250,000, you’ll fall in love with a 4 bedroom, 4 bath Belmont house with custom features.
To find out more about the best deals on Charlotte homes, contact Katie Gray at 704-560-9699 or email katie@katiegrayhomes.com.
