Friday, June 4, 2021 / by Client Care
March Stats Show the Craziest Market, Ever! ??
Let's recap the March market.... there are massive increases in almost every aspect of the market right now, with records being broken across the board. Single-family home sales increased by over 30% over last year. Prices are through the roof, where we saw the Median Price rise by 12% to $305,000, and the average price rose by 18% to $370,706. Extremely low inventory is driving home prices up! The number of homes for sale on the open market is down by 70% from last year! We only have on a 0.6 month supply available vs last year where we had a 2 month supply. A healthy market stays between a 6 to 7 monthly inventory availability. Our market is that high in demand! Another crazy stat is the percentage of Sold to List Price... it is now over 100%!Here in Charlotte, we have low interest rates combined with the fact that people are flooding into our market because we're one of the top cities with work-from-home opp ...
Saturday, April 17, 2021 / by Nancy Braun
We’re living in unprecedented times, with the real estate market turning into one of the fastest-moving in recent memory. Inventory is low, bringing about multiple offers on homes to the extent of leading to bidding wars for homes in the most sought-after neighborhoods in Charlotte and its surrounding areas.
Every real estate resource you see is telling you that the correct real estate market across the United States is a Seller’s market, with low housing inventory and high buyer demand. It’s true… but does this mean that you should sell or buy your Charlotte home without a REALTOR®? Not at all.
It’s very important at this time that you use a qualified and experienced real estate agent like Nancy Braun and her team of REALTORS® for that competitive edge and peace of mind that you will move through your real estate transaction to your benefit.
It’s not about how fast you can sell or Saving a little money on the commission, it’s a ...
Saturday, February 8, 2020 / by Nancy Braun
If you’re thinking of purchasing a home and would like to get a good deal, you may want to consider buying a Charlotte HUD home. HUD homes are homes owned by the U.S. Department of Housing and Urban Development, and they are usually offered for sale at affordable prices.
When buying a HUD home, there is no negotiation process. Unlike a regular home for sale on the market, there is no back and forth discussion with the seller. Instead, there is a bidding process, and the highest acceptable offer will be chosen.
Before you go bidding on a HUD home, let us first understand what a HUD home is, and why it offers a great deal.
What is a HUD Home?
HUD stands for the U.S. Department of Housing and Urban Development. A HUD home is a home that was acquired through an FHA-insured mortgage, but when the borrower failed to pay the mortgage, the property was foreclosed.
Since the FHA loan was insured by the government, if the borrower was unable to pay the mortgage, the FHA pays. ...
Friday, July 19, 2019 / by Nancy Braun
Most new homeowners have something about their property that they want to change. And as family needs and design trends shift over time, many will eventually choose to remodel. Some homeowners make updates to their property before listing it to maximize their potential sales revenue.
Whatever your reasons are for taking on a home improvement project, it’s wise to consider how the money you invest will impact your home’s value.
We’ve taken a look at six popular home renovations and identified those that—on average—have the best and worst returns on investment.
So before you lift a hammer or hire a contractor, take a look at this list and see if your remodeling efforts will reward you when it comes time to sell.
RENOVATIONS THAT PAY OFF
These three common home improvement projects not only add function and style to your home, but they also offer a strong return on investment. Making strategic upgrades to your property will help you increase its val ...
Saturday, June 1, 2019 / by Nancy Braun
We all want to be good neighbors. But when it comes to selling your home, it’s not just about “keeping up with the Joneses.” It’s about outshining them at every opportunity!
If you’re looking to sell your home fast and for the most money possible, you’ll need a strategy to set it apart from all the other listings competing for buyers in your area. That’s why we’ve outlined our proven, five-step plan for serious sellers.
Use these five tactics to help your listing get noticed, win over buyers, and net a higher sales price than your neighbors!
STEP 1: Stage Your Home to Show Its Full Potential
The average seller will do the minimum to prepare their home for market: clean and declutter, fix anything that’s broken, mow the lawn. And while those tasks are essential, today’s buyers want more than just a clean house and tidy yard. When they dream of buying a new home, they envision a designer house with modern finishes ...