Is Charlotte, NC still in the Housing Market Gutter?

                                                                                                                      January 27th 2010   Business Insider recently posted 21 cities and how they are doing in this market. Take a look at the Charlotte market. Charlotte, North Carolina   Monthly Change (October to November): 0.27% Current Rate of Collapse (Y/Y): -5.51% Peak To Trough: -11.13% To view the good and bad of the other 20 cities, click on the link below http://www.businessinsider.com/hows-your-city-doing-2010-1#charlotte-north-carolina-10 While this is good news to the Charlotte real estate market; remember real estate is not a national market but a local market. So let’s spread the good news about Charlotte!! –The Lee Ann Miller Team         704-896-5141 Office www.LeeAnnMiller.com    Allen Tate Company

Charlotte, NC home prices on the rise?

Charlotte sign 2 

Forbes.com recently posted the top five cities where home prices will likely rise and Charlotte was one of them. This is good news but don’t expect it to happen overnight. They will likely inch, rather than fly, and not all areas will be the same.  Charlotte, NC is one of the areas where economist believe is showing an early sign of strengthening and the home prices are predicted to rise. Moody’s Economy.com provided Forbes with their housing price forecast for the country’s 40 largest metropolitan statistical areas. These are the top five (1) Atlanta, GA (2) Austin, TX (3) Baltimore, MD (4) Boston, MA & (5) Charlotte, NC.  Charlotte’s percentage change over the next five years is predicted to look like this 1 year, 2009: -8.15%, 3 year, 2009-2012: 3.54% and 5 year, 2009-2014: 12.20%. Let’s hope they are close. That’s great news for all of us.

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                                                            704-896-5141 Office                                                         www.LeeAnnMiller.com

 

 

Forbes.com (September 18th 2009)

6 Tips To Help Your Home Attract Buyers

The goal is to get buyers to walk-in & feel like they are at home. This helps them visualize themselves living in your home and makes them want to buy your home because they are emotionally attached! 1) Neturalize! Yes, it sounds boring but by neutralizing your home you are helping buyers envision themselves & their belongings in, what could be, their new home. Plus, your home becomes more “move in ready” compared to your compettion. Keep in mind that some colors make rooms appear smaller than they really are. Not good when you are wanting to attract buyers! 2) Make It Shine! A clean home is a happy home. Dust regularly, empty all trash cans, wipe off countertops, wash windows, vacuum, clean carpets, wipe off blinds & wash baseboards. The more shine equals the more time a buyer may stay in your home. 3) Conceal Clutter Clear surfaces help buyers visually place their personal items in your home. A few stylish items are fine but should not devert any attention away from that surface. Notice show homes, the countertops are free from clutter to help you remember the granite or the custom cabinets. Aslo, turn rooms back to what they attended to be. For instance, if the living room has been taken over by toys-turn it back into the living room & find a new home for toys. 4) What’s That Smell? Smells can make or break your home. Try to conceal or completely remove pet beds, feeding bowls & litter boxes, if possible. Stick to the more pleasant smells of fresh baked cookies or flowers. Also, try to avoid cooking fish or cabbage. You don’t want buyers to be turned off the minute they step through the front door. And if you have to smoke, please do it outside–oh & hide the ashtrays! The purpose is to sell your home. You don’t want potential buyers to remember your home because of an unpleasant smell!  5) Less Is More! Clear out those closets. Again, look at a show home or closet brochure, hanging only a few items makes the closet look larger!  6) Crub Appeal Freshen up your landscaping. Keep your yard & hedges neatly trimmed. Keep sidewalks swept & tidy.  For a  warm welcome, add flowering plants to the front porch or a cozy chair. A great first impression is the key! Some buyers may cancel showings if the grass is tall or hedges are sloppy.

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704-896-5141 Office

www.LeeAnnMiller.com

Allen Tate Company