In the highly competitive real estate market of Greater Charlotte, being recognized as one of the top 100 agents is a remarkable achievement. Michelle Alexander Hovey, a seasoned professional in the industry, has recently claimed this prestigious title out of 17,000 realtors in the area. With her exceptional expertise and dedication, she has proven herself as one of the best in the business. Real Estate News: Staying up-to-date with the latest real estate news is crucial for both buyers and sellers. The market is constantly evolving, and being aware of the current trends and developments can significantly impact your decisions. With her finger on the pulse of the industry, Michelle Alexander Hovey ensures that she is well-informed about any changes that can affect her clients. From new housing developments and mortgage rates to zoning regulations and investment opportunities, she provides valuable insights to help her clients make informed decisions. Buyers: For homebuyers, finding a reliable and knowledgeable agent is essential. Michelle understands that purchasing a home is one of the most significant investments one can make, both financially and emotionally. As a top 100 agent, she has built a reputation for providing exceptional customer service and going above and beyond to meet her clients' needs. Michelle's expertise allows her to identify properties that align with her clients' preferences and budgets, providing them with a range of options to choose from. Her extensive network and negotiation skills ensure that her clients get the best deal possible. Sellers: When it comes to selling a property, Michelle Alexander Hovey knows the importance of effective marketing and presentation. As a top 100 agent, she has access to a wide range of resources and marketing strategies to ensure maximum exposure for her clients' listings. From professional photography and staging to targeted advertising campaigns, Michelle leaves no stone unturned in showcasing her clients' properties in the best possible light. Her understanding of the local market allows her to accurately price properties, attracting potential buyers and facilitating quick and profitable sales. Michelle Alexander Hovey's Success: Michelle's recognition as one of the top 100 agents in Greater Charlotte is a testament to her unwavering commitment to her clients and her exceptional track record. With years of experience in the industry, she has honed her skills in negotiation, marketing, and customer service. Her clients consistently praise her professionalism, integrity, and ability to exceed expectations. Michelle's passion for real estate is evident in her dedication to her clients and her continuous pursuit of excellence. Whether you are buying or selling a property, having a top-performing agent like Michelle Alexander Hovey by your side can make all the difference. With her extensive knowledge, market insights, and dedication to her clients' success, she has rightfully earned her place among the top 100 agents in the Greater Charlotte area. Reach out to Michelle today to experience firsthand why she is regarded as one of the best in the business. Top service locations include: Davidson, NC Lake Norman, NC Mooresville, NC Cornelius, NC Charlotte, NC 

Check out the latest for our market looking into the spring: Charlotte, Lake Norman, Davidson, NC 2023 Real Estate Market Check As we approach the spring market for Davidson, NC Lake Norman, and Charlotte, NC the hot market is expected to get even hotter. We are seeing record breaking numbers hitting throughout our region. Many of these still depending on the housing product itself. If it's hitting "what all the buyers are looking for" than you better prepare to compete.  I'm also seeing a higher range of homes hit the market that don't do much prep work and throw on the market. That's where we are getting skewed data of super hot vs some days on market. There is a pickier crowd that follow the interest rate hikes. Selling your home is still going to serve the highest yeilds to those who have updated and modernized.  With many hot neighborhoods having the lowest amount of inventory we have ever seen, some of our bulk area data points are very skewed right now. To collect the right information most people really need to ask for help. Every home has a specific package to offer and as real estate professionals, we help unravel what that means.  Basement homes, pools, location, yard size, neighborhood, amentinies, floor plan, separate office, parking, storage, and way more.  The great news is that most folks have great equity in their home if they have owned more than a year. If you can grab the right spot now, we don't see the demand for our area going anywhere. The Charlotte, NC market was slated to be the hottest in the US for 2023 and looks like it's starting to unfold!

The US Labor Bureau has now given the new CPI for December 2022 showing a .1% decrease overall to 7%. While this isn't a massive change it's certainly heading in the right direction to kick off the year.    It's also an indicator the Fed will refer to in making their next moves for 2023. Our data points are showing we may have seen the peak of inflation and mortgage rates already.    Following up with real estate market stats, both the Lake Norman and Charlotte market are up in overall prices and down in new inventory.      *Courtesy of Canopy MLS   This past week I have seen mortgage rates under 6% and a lot of talk of people waiting to put homes on the market in the spring. Again, urging the message to PREPARE NOW if you are looking to buy. If you're not ready, the perfect home will likely go fast and you don't want to miss it. Stay informed with weekly rates and when to pull the trigger.    ✅ASK me if you need a lender referral! I have a lot of relationships that may be the right fit for you.   If you are looking to sell, you still need a pricing strategy that aligns with the market. As a Strategic Pricing Specialist, I can give you an outlook for your specific area and help with planning for your move.    Part of why home prices keep going up is the influx of all kinds of development in our urban and suburban areas. With all of Charlotte/Lake Norman have to offer, it's desirable here! Some of our neighboring towns and cities may be the next big thing to look out for depending on your needs and goals.   

Check out my thoughts on the YouTube video link here: Spooky Interest Rates-What does that mean for me buying or selling real estate?   Interest Rates Are Rising in 2022, Should I Wait To Put My Home on the Market or Buy Until Next Year?   As many have read and been following the national interest rates have been on the rise in 2022. With that comes with concerns about entertaining moves or major decisions when it comes to residential real estate. The past two years have been one of the biggest frenzy’s I’ve ever seen in real estate, particularly around the Davidson NC and Lake Norman NC areas. Listing your home was a putting a coming soon status online. The requirements to prepare were minimal and we can sit back, collect offers, and count the crazy high dollars coming in. As a buyer the interest rates were phenomenal however, how many offers and heartaches was it taking to win? I had heard of so many devastating stories for qualified buyers not being able to find a home to purchase. VA, FHA loans were thrown out the window and cash was king as it’s always been. Certain sellers could not “cash out” these past few years because they would not have anywhere else to go. For some the outlook of homeownership has been dismal forcing many buyers into the lucrative rental market paying into someone else’s pocket.   Why are we freaking out now? With more inventory on the market we are coming back to balance. Isn’t that what we all strive for in our own lives? Being qualified to buy now can gain you almost guaranteed home ownership without constantly getting bid out. As a buyer you can go out shop for a home you love and go through proper negotiations and maybe even get some concessions! What a concept! If the interest rates go back down again in mid to late 2023, what could we see happen? Could another insane frenzy occur forcing folks back to the extreme competitive nature only to seriously drive up the purchase prices? Hmmmm… Real estate has been a historic way to build wealth for a reason. 7-7.5% rates are more of a mid level of where they have been over time.   For all of my sellers on the fence, we are all going to take advantage of appraised values NOW. After the 6 months worth of comps go, so do your values after the buyers have been more aggressive to drive down the current prices. When is the time to sell? NOW. You will want to do the proper preparation work in staging, home improvement upgrades, etc. Narrowing down your project list up front is a huge help in what to plan for.   As far as I’m concerned we have ebbs and flows of the market all the time. Feel confident in what you’re doing and find someone that can help run the numbers for you. If you find what you want as a buyer go for it and see how far you can go. Take advantage of the high comparable properties as sellers as push it as much as you can. LOOK AT DATA to help make your decisions from an expert. (Like me :) ) Also, people like Charlotte and Lake Norman. We are growing at a rapid rate and recently have been cited as the 7th fastest growing area in the county. People want to live here because it’s fantastic. Happy selling and shopping!

Check out our latest feature video to learn more about the US National Whitewater Center located right in Charlotte, NC! US National Whitewater Center Area Spotlight Video   Major outdoor attraction right off the I485 loop in Charlotte, NC. The US National Whitewater center offers a huge array of outdoor activities and adventure. Time to get outside? You need to check it out. Main activities for a range of age groups: group whitewater rafting in the man made national training facility, single kayaking, stand up paddle boarding (SUP), rock climbing, 50 miles of mountain bike/running trails, ropes course, zip lining, and other water activities directly on the Catawba River. The impressive facility also has a casual sidewalk trail around the rafting complex. The calendar of events features music festivals, group races, yoga classes, and more. At the end of your excursion dining options are available and space to lounge overlooking the rafting areas. A one of a kind experience for the outdoors and easy to get to from all around the greater Charlotte, NC areas. Presented by, Michelle Alexander with The Alexander Realty Group