Higher Days on Market

😱Higher days on market is more normal now...wait, what??

Yes, if you're looking at homes right now and you find something you like that has 30, 40, or maybe 60 days on market that's totally normal. Think about what was going on at the end of 2023:
rising interest rates
uncertainty in the market
holiday shopping
holiday travel
There's a LOT of factors that play into the reason why homes weren't just flying off the market. NOW...there's an exception.

👏Certain markets held very strong, and those sub-markets are the ones with the largest buyer pool and the most attractive reasons for people to buy. Specifically in Charlotte we noticed that not every sub-market struggled through Q4.

🤓That being said, buckle up for a busy year. All of those homes with the higher days on market are going to get scooped up, and it'll be open season for buyers looking for homes in Charlotte

 #buckleup #interestrates #daysonmarket #home #shoppingtime #buyer #buyers #highdays #shorts