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For Charlotte Asking Prices, a More Peaceful Approach

Punxsutawney Phil may have decided to head back underground for a while longer, but since a roaring economy almost has to bring about an increase in prices, most expect Charlotte mortgage interest rates to start climbing up from their historically deep burrows.    
It may be that the specter of more expensive mortgage payments will launch this spring’s Charlotte selling season sooner than we would usually expect. If so, homeowners who plan to put their properties on the market will be confronting their own pricing issues right away—what’s the right asking price?
Pegging that figure is part art, part science. The science is covered: I provide my clients with a detailed spread of the latest Charlotte activity—so there’s no mystery about the current market. But there still remains the fine-tuning. It’s always a close call, but in many cases, I think the nod should go toward what you might call “peaceful pricing.” It’s one of two differing philosophies.
First, there’s battle-ready pricing. This is an asking price that’s set a bit above what the market has been showing. The Charlotte owner is mindful that prices have been inching upward, assumes that his or her property is at least as valuable as those covered in ... more

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