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Thinking of Selling Your Home? Act Fast!

By
Real Estate Agent with Keller Williams Realty

Best Time To Sell Real Estate

That's right, this is the best time to sell real estate.  How so?  Well, there is no sence in looking at the past and saying, "wow, we should have sold our home then!"  If you are saying that then you have already missed the boat.  However, there is only one thing worse than missing the boat... want to know what that is?  Okay... the only thing worse than missing the boat is to miss the boat at your second opportunity!

The Real Estate Surge

Most people know that there is a small surge in buyer activity right now.  Sure the interest rates for mortgages has much to do with this but there is something on the horizon that will change the Real Estate picture in the near future.  The coming change will be bad for sellers because it will change the value of real estate throughout the country... especially in higher priced homes.

The Coming Problem for the Real Estate Market

What I've been talking about for several weeks was just announced by CNN today. "an avalanche of specialized adjustable rate mortgages, known as option ARMs and Alt-A mortgages, are slated to reset over the next 18 to 24 months, and rising unemployment causes a surge in the number of prime mortgages going into default."  They continued, "All of this is expected to trigger another round of foreclosures and cause home prices to tumble at least another 20% before the market rebounds, according to market analysts and economists."

Sellers Need to Get Real Right Now!

So, if you are going to sell your home you need to do three things: 1. Act fast 2. Be smart about how you prepare it for the market 3. Be smart about how you price it.  In this market homes are in both a beauty contest and a price war at the same time.  Sellers MUST have their homes looking great and reasonably priced or they might as well take them off the market now.  Beign overpriced in this market is foolish and a waste of precious time.  Sellers... TAKE ADVANTAGE OF THE MARKET WHILE YOU STILL CAN!

CNN

Your Charlotte Connection is The Ramsey Group

We love Charlotte at The Ramsey Group  and we love to help people who are moving here.  Over the years we have helped hundreds of families, friends and individuals find their dream home.

Do you know anyone who would like to move to Charlotte, North Carolina?  Email Mark@TheRamseyGroup.net and we'll take great care of you or whomever you refer to us! 

Kathy Knight
Intracoastal Realty Corp - Wilmington, NC
BROKER, ABR, CRS, GRI, SFR, SRES

You are so totally right. Sell it right if you are gonna sell it.... good luck...

Jun 19, 2009 01:00 PM