Charlotte, NC Housing Market Update – May ’08

Is it a buyers market or sellers market?  The most often asked question is this a good time to buy or sell Real Estate in Charlotte North Carolina?   That depends on who you are.  As of May 08 we have 2386 sold in May with an average of 91 days on the market.  I’d say that’s back to normal for this agent. 

If I’m a seller I need to price my home aggressively.  I need to know that there are other homes in Charlotte that are doing the same.  I have to be well presented both inside and out so that when someone is looking for homes for sale in Charlotte they will see the very best.  As the inventory begins to dwindle in Charlotte North Carolina it will quickly become evident that the market has swung to the seller. 

Some sellers believe that many Realtors like a quick turn and therefore we price our homes too low.  Well this Top Charlotte Agent believes that you have to price it correct and it will sell.  The true market value of a home in Charlotte is set by the buyer and not anyone else.  I want my clients to get the most for their home, in the lease amount of time and with the least amount of effort.  I’ve been representing clients for 18 years in the greater Charlotte North Carolina area and I clearly understand the importance of pricing it right and presenting and marketing it well. 

Our housing market reports page offers several market reports on various real estate areas of Charlotte.

Does anyone have any experiences both good and bad that they would like to share?   

Charlotte, North Carolina – A Great Place To Live!

Here’s what makes Charlotte so great.  I’ve just come back from a cruise and I still feel that I’m on vacation.  Yes that sounds so corny but it’s true!  Why?  It’s the ease of flying into Charlotte at Douglas International Airport and the ease of driving home.  O.K. so that’s one small part of what makes us so great.  Charlotte is green, clean and beautiful.  If you want to get uptown to an event or dinner it’s easy in and easy out.  We have the best of hospitals and a great climate.  Speaking about our climate lets examine our work climate.  One of the main reasons The Charlotte area continues to out pace the rest of the nation is the opportunity to find employment. 

The Charlotte housing market continues to out pace the rest of the nation.  What would $300,000  buy you if you lived in New York, Chicago or L.A.? 

 

If you’re interested in knowing more of what I think about living in Charlotte please e-mail me at Irv@TopCharllotteAgent.com.  If you have some comments I’d like to hear from you too.