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Why Sell Your Home Before Spring, No Matter What The Groundhog Says

By
Real Estate Agent with Coldwell Banker Realty 179530

3 Reasons To Sell Your Home Before Spring, No Matter What The Groundhog Might Say Today!

 

Regardless of what the groundhog will say today... six more weeks of winter or an early spring, there are three important reasons to sell your home before spring arrives. Check out the video below with the three reasons to pay no mind to the  groundhog's predictions this morning and sell your home this winter BEFORE spring arrives! Don't let the groundhog scare you into waiting six more weeks before selling your home!

 

Reasons To Sell Your Home Before Spring No Matter What The Groundhog Says! (Video)

 

The Charlotte Housing Market Remains Strong: 

Inventory Levels Are At Historic Lows | Home Prices Are At Historic Highs

 

The Greater Charlotte Region market is suffering from a severe shortage of listing inventory.  Charlotte region ended 2021 with just 0.6 months of inventory of homes (compared with 1.1 months one year ago). As a result homes are selling quickly -- in 19 days, on average. As of January 22nd, Charlotte region housing inventory was at its lowest level ever at 2,928 homes for sale. The Charlotte region is a seller's market plain and simple. Home prices are also way up. Average home prices in the Charlotte Region increased 15.5% year-over-year, while median home prices increased 16.1% year-over-year. Since 2017 median home prices have increased 44.6%. 

 

5-Year Average Sale Price Trends For Charlotte Region Homes 

  

 

Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense. The best time to sell is when there is the least competition. That guarantees you a better price and fewer hassles in the transaction.

 

Winter buyers are truly motivated purchasers. They want to buy now. And with the recent uptick in mortgage rates with more rate increases expected later this year, home buyers are anxious to lock in lower interest rates this winter. With limited inventory currently available, home sellers are in a great position to negotiate. In 2021 home sellers received 100.8% of listing price, on average, in final sale price, up 2.9% over one year ago.

 

WHY NOW IS A ONCE-IN-A-LIFETIME OPPORTUNITY FOR SELLERS

 

BEST TIPS IF YOU'RE PLANNING TO SELL YOUR HOME (VIDEO)

 

Free 2022 Winter Home Seller Guide

 

If you're seriously considering selling your Charlotte region home this winter, be sure to ask for our 2022 Winter Home Seller Guide: "Things To Consider When Selling Your House." This free Seller Guide will answer many of your questions about selling your home this winter  and likely bring up a few things you haven’t even thought about as yet.

Home Seller Guide From Nina Hollander, Coldwell Banker In Charlotte

 

WONDERING WHAT YOUR GREATER CHARLOTTE REGION HOME IS WORTH IN TODAY'S MARKET?

Wondering What Your Greater Charlotte Area Home Is Worth

 

So no matter what the groundhog predicts today, if you're considering selling a home in the Greater Charlotte area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

Great Homes In Charlotte

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello and Happy Groundhog Day, Nina - I "predict" that when the real estate time is right for them, you can help Charlotteans make a move happen.  Real estate. Your heavy lifting doesn't involve the physical moving of boxes but will be appreciated in other ways.  

Feb 02, 2022 08:24 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and Phil is not right to often and I know people in Pennsylvania can not wait for his prediction.

Feb 02, 2022 08:37 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

If the groundhog sees his shadow it takes about 6 weeks to close...otherwise it takes about a month and a half.

Feb 02, 2022 10:12 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... when we get to this time of year lots of sellers suddenly start saying they'll wait for the spring selling season. My message hopefully gets their attention that waiting makes no sense if they are ready to sell.

Feb 02, 2022 12:14 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sharon Tara hi Sharon... people continue to believe that the best time to sell is spring... and yet... in winter homes sell more quickly and for more money because there's less competition. Why wait for a season if you don't have a better reason than the belief that it's best to sell in spring?

Feb 02, 2022 12:16 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Michael Jacobs hi Michael... well, I've been known to pack a box or two or three for clients! And when there's some staging involved also moving some furniture around. But at the end of the day, it's all part of the service and I don't mind.

Feb 02, 2022 12:17 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm hi Will... I suppose it's all in good fun, but at the end of the day I'm not listening to any rodent, even Phil! :)

Feb 02, 2022 12:18 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... now that is a new metric on me... I'll have to keep it in mind!😉

Feb 02, 2022 12:19 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Well said, Nina, and what a cute video.  There's no need to wait to sell if you're ready to sell now. Don't wait for spring. 

Feb 02, 2022 02:21 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina with inventory being so short there is no bad time to sell.

Feb 02, 2022 03:26 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib thanks, Kathy... waiting for spring could very well "cost" a seller. We know how hot the market is now... we don't know what will happen after April.

Feb 02, 2022 03:38 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... I keep saying that winter is the new spring season... might as well get a jump on the spring season.

Feb 02, 2022 03:38 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina an AR friend from Canada talked with Phil's ex wife and she said Phil is a habitual liar so do not listen to him, Just list and sell your home, Endre

Feb 02, 2022 11:48 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. I heard that from our Canadian friend, Endre, and also from our Massachusetts friend, Doug Dawes. So now I'm guessing it's true and not a rumor! 

Feb 03, 2022 04:52 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nina:

Fun video and post for Groundhog Day, but with some serious advice and compelling reasons to sell now and not wait.

Jeff

Feb 03, 2022 05:31 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Those dang groundhogs Nina. I hope you had a productive Thursday 🙂

Feb 03, 2022 07:10 PM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Low inventory, high demand, likely higher interest rates looking forward...yep no reason to wait. I just closed a sale on Friday where the buyer got a 2.5% 30 year fixed rate mortgage- and nearly $7k in closing cost assistance from the lender and another buyer I hope to be going into contract this week on looking at the same deal. I keep telling buyers to pounce while they can. 

Feb 06, 2022 09:10 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS hi Jeff... in 30 years I've never seen a market quite like this when it comes to lack of inventory. I keep wondering how long it can last.

Feb 07, 2022 05:04 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... those dang groundhogs are rodents... never understood why anyone would take them seriously! Happy Monday!

Feb 07, 2022 05:05 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Adam Feinberg good morning, Adam... I closed a couple of purchases in January where buyers locked in their interest rates in December. They were very happy when closing day rolled around.

Feb 07, 2022 05:06 AM