I received an email this morning with an article about how sellers are ‘finally feeling comfortable selling again.’ I almost wrote back and asked what planet the sender was on! Our sellers have felt comfortable selling since mid-2012 and we’ve been in a strong sellers’ market since February, 2016.
If you don’t own your home (meaning outright or carrying a mortgage), the median sales price should be a wake-up call! Where else can you invest your money and garner a 13+% increase in value in 12 months – not years, MONTHS – ONE YEAR! That is unprecedented. If you do own, have you thought about adding investment property/properties to your portfolio?
Sellers are in the driver’s seat when they receive 3+ Offers in 2021. That doesn’t mean it’s not a great time to buy as well. When have you seen interest rates this low? For sellers, they are able to call the shots with multiple Offers in-hand.
- Over the past year, buyer demand is soaring like it never has before – not even during the years of 2005-2007.
- According to NAR, homes are selling twice as fast as they did in 2020 at this time, getting multiple Offers and exponentially increasing in value, putting homeowners squarely in the driver’s seat.
- Thinking of selling your Charlotte area home this spring or summer? Let’s talk! Let me show you how to leverage your position as a seller in today’s market. Call me at (704) 491-3310 today.
© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | It’s an Unprecedented Sellers’ Market