Tag Archives for " Selling A Home "

Now Is The Perfect Time To Sell Your North Carolina Home

Real Estate in Charlotte NC

So far as we have seen in winter of 2017, homes for sale in the Carolinas continue to be in high demand.  Housing needs are being met in South Carolina, where there is currently a moderate supply for buyers, as it is one of the Top 10 States for Getting a Mortgage.  North Carolina lags behind, though the State still remains strong overall.  Homeowners should take note that now is still the perfect time to put your  North Carolina home for sale on the market!  Here are 5 reasons why:

1. Cities in North Carolina are ranked among the 10 healthiest US housing markets right now.  This includes Charlotte, as well as Raleigh, Durham, Chapel Hill, Concord, and Gastonia.

2. Serious buyers are the ones who browse for homes during the winter months.  With less competition, they are more likely to buy a home (and at their asking price), rather than engage in a bidding war.  Plus they will close on a home faster, which is important if needing to move-in on a deadline due to job relocation.

Now Is The Perfect Time To Sell Your North Carolina Home, Home Selling, NC Realtors, Showcase Realty

3. There has been an increase in consumer spending.  Just ask home builders, who have seen a rise in bart traffic so far in 2017, who are confident that the robust economy and job market will trigger first-time and move-up buyers to make housing purchases throughout the year.

4. Rental rates are higher than making monthly home loan payments.  The market is trending as an overall “buy territory” according to the BH&J IndexAs much as 30% of a renter’s income goes toward monthly rent payments, compared to a homeowner whose average mortgage payment is only 15% of monthly income.  In 2016, the average 1 bedroom rental was $838 in North Carolina, and $882 in South Carolina.

Among the biggest rent increases by city, Raleigh was ranked #3 at a 3.8%, and Winston-Salem was ranked #6 at 3.1%.  Homeowners in North Carolina have the advantage of not being one of the Worst States to Get a Mortgage.  The bottom line is that if renters or homeowners plan on staying where they are, it makes sense to own rather than rent, to take advantage of saving money in the long-term.

Now Is The Perfect Time To Sell Your North Carolina Home, Home Selling, NC Realtors, Showcase Realty

5. Home equity rates continue to increase Despite higher prices on homes for sale, the good news is that homes are valued at higher rates than before, and are only going to keep increasing as this year unfolds.  This will give homeowners some money where they need it: for home improvements, paying off debts, funding investment properties and other large purchases, and sending their children to college.

Sell Before The Busy Spring Market Begins

By selling your home in order to meet the current market demands, not only will you have a great Return on Investment (ROI) because of less competition, but the State will be able to maintain its healthy growth and continue to make room in its surging population for more new residents for the rest of 2017 and ensuing years.

Showcase Realty LLC serves homeowners by assisting with the sale or property management of their rental homes. Speak with our real estate experts today to see how you can enjoy the maximum return on your investment.

If you’re thinking about selling your Charlotte home, click here for an all-access pass to all the home selling information you need! Get access NOW!

2 Story Home For Sale in Thriftwood Subdivision

4206 Parkdale Drive, Charlotte NC 28208, home for sale

Lot backs up to wooded area, interior has a great floor-plan in need of TLC. Upper level has Large bedrooms with trey ceiling in master suite and vaulted ceilings in one of the secondary bedrooms. Walk to Tuckaseegee park!

4206 Parkdale Drive, Charlotte NC 28208

$89,900 | 1,462 sq ft | 2.5 Bath | 3 Bedroom

Call Nancy Braun at 704.997.3794 or email OfficeAdmin@ShowcaseRealty.net

for the most up-to-date information on this property

4206 Parkdale Drive, Charlotte NC 28208
4206 Parkdale Drive, Charlotte NC 28208
4206 Parkdale Drive, Charlotte NC 28208
4206 Parkdale Drive, Charlotte NC 28208
4206 Parkdale Drive, Charlotte NC 28208
4206 Parkdale Drive, Charlotte NC 28208
4206 Parkdale Drive, Charlotte NC 28208
May 1, 2016

Is Your Home Up For Sale? Ensure Your Price Is Accurate

Home Up For Sale

One of the biggest challenges in today's real estate market is the continued demand for a shortage of home for sale properties. Because of the shortage, many homeowners who are looking to sell are considering pricing their properties higher than recommended.

For real estate professionals, it is important to advise homeowners to price properly, as opposed to trying to make them happy; if a seller marks their price too high, there may be consequences later. Homeowners who do not sell quickly are sometimes forced to lower their prices, which in term may cause buyers to stray.

University-distinguished Faculty Award recipient John Knight from Eberhardt School of Business - University of the Pacific researched the cost (in time and money) for a seller who price their home too high initially and were forced to lower.

Is Your Home Up For Sale? Ensure Your Price Is Accurate, homes for sale in Charlotte NC, NC Realtors, Showcase Realty, Home Investment

In his article entitled “Listing Price, Time of Market and Ultimate Selling Price” published in Real Estate Economics, Eberhardt revealed that homes whose prices were revised later for a lesser price tended to be sold for less, compared to homes that were priced accordingly. He also revealed that the longer a home stayed on the market, the lower the selling price would be.

When homeowners have the mindset of “I'll lower the price later”, there may be consequences. Home buyers may think that something is wrong with the home, or they may take advantage of a desperate home seller. They may also low-ball the price and force homeowners to accept a much lower price than they initially hoped for.

A lot of home sellers may consider that pricing high will allow for “negotiation room”, however real estate professionals should warn home sellers that this tactic may eventually limit the likability of a home being sold. When one limits the demand for their home, it can create a negative impact on the sales price of a home for sale.

FREE Home Buyers Guide

The complete step-by-step solution,to guarantee a successful buying experience and enjoy a hassle free transaction with Showcase Realty! Download the home buyers guide click download it now!

Consider this: It is becoming more common for potential home buyers to look for properties online, and here they have the opportunity to enter in their desired price range. A seller who looks to sell his home for $400,000 but has it listed for $425,000 for “negotiation room” will not even reach buyers who have entered in a preferred price range of $350,000 - $400,000.

The chart below displays how the higher you price your home over its market value the less chance potential buyers will actually see your home when searching.

selling your house in Charlotte, Tips for Selling Your House in Charlotte for Top Dollar, Showcase Realty, NC Realtors, SC Realtors, Home Selling, Sell Your Home in NC, North Carolina

The best strategy a home seller can adopt is to have the home priced properly at the very beginning, so that multiple offers are made on your home. This will allow potential buyers to compete against each other for the “right” price for your home.

Quite simply, if only one offer comes in for your home, you will have to settle into whatever demands the buyer has. In contrast, having multiple offers creates a better chance for you to choose which offer you prefer the most.

It helps to have a grasp on the current real estate market, and to have knowledge of the rest estate dynamics in your neighborhood. Being able to compare your home for sale than others in the area will help you get an offer a price that reflect its value and brings in more potential buyers.

The complete step-by-step solution,to guarantee a successful buying experience and enjoy a hassle free transaction with Showcase Realty! Download the home buyers guide click download it now!

Let us help you put together a successful sales plan for your home, so that you can sell at the price you want! Are you hoping to sell your home in Charlotte? Send us a message here or call us at (704) 997-3794 and one of our real estate professionals will be happy to assist you.

Having trouble selling your current home? Here is an article to know what seems to be lacking on your sale. Read 13 Reasons Why You Should Not Sell without a Real Estate Professional's Help.

Let Showcase Realty sell your home! Your home will sell in 120 days or I will pay you $2500! Details Here!

Like What You've Read?

If so, please join our newsletter and receive exclusive weekly home buying tips, financing guides and Charlotte, NC real estate news. Enter your email and click Send Me Free Updates

April 27, 2016

How to AMP up the Resale Value of Your Home

How to AMP up the Resale Value of Your Home

Whether you're putting your home on the market this year or in the next five years, it is a smart decision to start building your home's resale value now. Here are some ways to create a comfortable home while making it easier to put more money into your bank account on closing day.

Small Maintenance and Repairs

If you think that home maintenance on the week-ends is a low priority, think again. The small chores you do around your home prevents it from losing value. Neglecting small maintenance and repairs causes 10% of your home's value to walk out your door and slip through your windows. Most appraisers claim that homes showing little to no preventative maintenance can depreciate from $15,000 to $20,000!

Preventative maintenance can also actively increase your homes resale value - according to a recent study, by about 1% per year! Also, because homebuyers generally notice any repairs needed upon buying a new home, proactive maintenance lets the homebuyer know that he or she will not have to spend extra money to maintain the basics. This makes your home more attractive, and thus more likely to get higher priced offers.

How to AMP up the Resale Value of Your Home, homes for sale in Charlotte NC, NC Realtors, Showcase Realty, Home Investment

Remodeling Ideas and Tips That Work

Studies show that a home valued at $150,000 could increase is value between $8,300 and $19,000 with the addition of Landscaping. These studies also note that positive landscaping can reduce the amount of time your home spends on the market!

Changing out the doors of your home is also generally a smart design choice. Lately, fiberglass and steel doors are a coveted aesthetic by home buyers. A steel door costs $1,335 but has a whopping 91% return on investment. A fiberglass door, on the other hand, costs about $3,126 with an 82.3% return on investment. Likewise, a new fiber glass or steel garage door distinguishes your home from the rest on your block and provides a 91.5% return on a $1,652 investment.

Finally, matte paint finishes will trend in 2016 because of its transitional qualities. With a matte finish, your potential home buyer can easily match his or her stainless steel or black and white appliances. It's touches like these that make your home appealing to a wide variety of home buyers, and that drives up its resale value.

Are you thinking of selling your home?

Make it a hassle free and rewarding experience with Showcase Realty! Your home will sell in 120 days or I will pay you $2500 guaranteed! To know more click the button below.

Your Needs and Buyers' Wants

On that note, if you need to renovate your home, be sure to consider how those changes will affect its appeal to future buyers. Knowing design trends will give you the opportunity to make changes to your home based on where your needs and your potential buyer's desires intersect, thus increasing your property's resale value drastically.

Designers and design websites provide great ideas when you're brainstorming home renovations. Keep in mind as you research, however, that you don't want to sacrifice your needs for a comfortable home just for the sake of what you think a future buyer will want!

How to AMP up the Resale Value of Your Home, homes for sale in Charlotte NC, NC Realtors, Showcase Realty, Home Investment

Therefore, before you begin making any changes to your home, consult your real estate agent. Real estate agents, because we are constantly working with new buyer clients, have insider insight into what home buyers are looking for now and in the future. We'll be able to help you make smart choices when remodeling or renovating your home.

If you think you might want to remodel or renovate your home in the near future, or if you are just curious about other ways you can increase its resale value, please reach out to us at 704.997.3794. If you'd like to find out what your home is worth, visit us here for a free, no-obligation home valuation.

Like What You've Read?

If so, please join our newsletter and receive exclusive weekly home buying tips, financing guides and Charlotte, NC real estate news. Enter your email and click Send Me Free Updates

April 16, 2016

Did You Know? 2016 is Projected to Be the BEST Year in Real Estate in a Decade!

Did You Know? 2016 is Projected to Be the BEST Year in Real Estate in a Decade!

The Chief Economist at Realtor.com, Jonathan Smoke, reported that “All indicators point to this spring being the busiest since 2006.”

Freddie Mac is also supporting this statement and is saying that 2016 will be the best year that the real estate industry has seen in a decade. In their March Housing Outlook Report, Freddie Mac stated:

“Despite the challenges facing the housing market, we expect this to be the best year for housing in a decade. Home sales, housing starts, and house prices will reach their highest level since 2006 according to our latest forecast”¦Challenges remain, with low housing supply and declining affordability being a key concern in many markets, but on balance, the housing markets in the U.S. are poised for the best year since 2006.”

FREE Home Buyers Guide

The complete step-by-step solution,to guarantee a successful buying experience and enjoy a hassle free transaction with Showcase Realty!
Download the home buyers guide click download it now!

The 4 key research statistics pointing to 2016 being the best year in real estate in the last 10 years are:

  • Low interest rates
  • A resilient labor market
  • An increase in household formations
  • A projected increase in newly constructed homes

Bottom Line

2016 looks to be shaping up as a great year for residential real estate! If you are considering buying or selling this year in the Charlotte market, give us a call to discuss all of the options available! One of our team members can help you at (704) 997-3794.

If you are thinking of buying a home in North and South Carolina check out our Exclusive VIP Buyer Satisfaction Guarantee!

Like What You've Read?

If so, please join our newsletter and receive exclusive weekly home buying tips, financing guides and Charlotte, NC real estate news. Enter your email and click Send Me Free Updates