Is Your Head in the Sand?
The saying "Head in the Sand" means that you are oblivious to things that are going on around you... with your head in the sand you can not hear or see what is happening around you so in your mind it really isn't happening at all. Sort of like the Ostrich and the old "If I can't see you, you can't see me" concept.
If you are trying to sell your home, you need to get your head out of the sand (or the pine straw). I know that you probably over paid for it in 2005 (a lot of folks did), and I really do understand that you don't want to lose money (who does). Unfortunately, home values in Pine Knoll Shores have dropped an average of 10% each year since 2007. If you search long enough, You may be able to find an agent that will bury their head in the sand right along with you, but it's certainly not going to be me.
Now, there is some good news. Prices seem to be leveling out in Pine Knoll Shores and in some cases, prices are starting to creep up just a bit. There is still a large selection of homes for sale in Pine Knoll Shores, but number of sales are up from last year causing the number of active listings to drop about 15%. Average Days on the Market is dropping a little bit (1%), and their are fewer and fewer new listings added each month (down 29% since 2010). This is all great news.
Also try to remember, the longer it takes for your home to sell, the more money it's going to cost you.... taxes, insurance, HOA Dues, Maintenance, etc. And let's not forget about the six wonderful years you have enjoyed your island home.... that's gotta be worth something! If you were renting, it would be worth about $15,000 per year, for a grand total of $90,000 for the six year period you owned the home.
I'd love to sell your home for you, but you gotta keep your head out of the sand, and be reasonable with the list price. Give me a call if you are ready!
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