For the past few years, affordability has been what’s stopped a lot of buyers in their tracks. Maybe it stopped you, too.
At some point you probably did the math, looked at the monthly payment, and decided to pause your search and wait for things to get better. But here’s something you may have missed while you’ve been sitting on the sidelines.
Online searches for “can’t sell house” just hit an all-time high according to Google Trends. So, if your house has been sitting on the market without any bites, you’re not the only one. But it's also not the end of the road.
Mortgage rates have recently dipped below the 6% mark for the first time in months, and that shift could have meaningful implications for the housing market across Western North Carolina. For buyers and sellers alike, changes in interest rates often influence affordability, demand, and the pace of transactions. Here’s a look at what this rate drop may mean locally.
The sellers who struggle are usually approaching today’s market with yesterday’s expectations. Here are the three biggest mistakes they're making – and how to avoid them.
There’s one decision you're going to make when you sell that determines whether your house sells quickly, or it sits. Whether buyers make an offer, or scroll past it. Whether you walk away with the maximum return, or you end up cutting the price later.
And that’s your asking price.
