As we all know the real estate market here in the Charlotte, NC area has been on a down turn over the last 12 months or so! But I am here to tell you that soon it will be coming back strong! The phones are just sarting to ring again, listings are having stronger showing activity, and most importantly buyers are realizing that our Charlotte real estate market is finally at the bottom! If you are looking for a deal, now is the time to write the check! Many buyers have been sitting on the fence waiting for the best time to buy! Well guess what that time is NOW! Interest rates are at historic lows! Incredible values are everywhere! One important thing to note though is the new construction inventory is really shrinking fast! This will put a major demand on clean well kept re-sale homes in the very near future! Less inventory plus more demand equals higher home values.
On another note, those sellers out in the market that have yet to sell, please listen up! If you want to sell your home then act like it! Curb appeal, cleanliness, neutrality, and most importantly have it priced right! What is priced right you ask? Aggressively priced in the bottom 25% of the other active homes in your target area! If you want to sell than follow those simple guidelines. If you want to list, then price your home at your appraisal from 9 months ago, or in the top 25% of other sellers in your community! Your home will then sit on the market for 4 to 6 months and become stale, until the next agent comes in and prices it right! Price it right to begin with and it will sell!