Why Home Sellers in Charlotte will have a Happy New Year!

Why Home Sellers in Charlotte will have a Happy New Year!

The perfect backyard of the perfect home.

I spent the first four days of the new year working with out of town buyers to find their perfect home. We toured over fifty homes in those four days, some were a possibility, but nothing worth putting an offer on. As luck would have it, the day after they left the perfect house came on the market, but multiple offers were made and it sold the first day on the market.

Talk to any buyer’s agent and they all have the same lament: there is nothing worth seeing on the market right now, and anything that is well prepared, well priced, and in a good location will go under contract within the first week, particularly in the popular price ranges. Much of what is left at the moment are the short sales, foreclosures, over-priced,  or stale listings.

If you have been wanting to sell your house, but waiting for prices to recover, now is the time. Inventory is very low, so any listing that is clean, updated, and realistically priced will sell. If your home needs updating or has a less than desirable location such as near the freeway or high tension power lines, it will sell, but you have to be realistic about pricing.

The market is hot right now and it’s a great time to take advantage of this mini seller’s market. Once spring rolls around there will be more listings and thus more competition. If the current market trends hold, 2013 will be a very good year to be in real estate.

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