Real Estate Information Archive

EXECUTIVE HOME WITH DECORATOR FLAIRE. HIGH QUALITY CUSTOM CONSTRUCTION IS OBVIOUS AS YOU ENTER THRU THE BEAUTIFUL FRONT DOOR. THIS HOME HAS PORCHES ON FRONT AND BACK AND A LARGE FORMAL DINING ROOM AND OPEN KITCHEN-BREAKFAST ROOM. ALSO GRANITE COUNTERTOPS AND STAINLESS APPLIANCES IN KITCHEN AS WELL AS BEAUTIFULLY STAINED CUSTOM CABINETRY. MASTER DOWNSTAIRS, LARGE BONUS ROOM.

697 Cedar Ridge Drive Winterville, NC 28590

What you should know Before Buying a Home

·         Be sure to ask your realtor what fixes and furniture are being sold with the house.

·         Try flushing the toilets when house shopping. Chugging drains and running water could be plumbing problems.

·         Fixing a home's foundation can be one of the more expensive repairs, so be on the lookout for things like dampness in the basement.

·         Buyers find their new home through an agent more than any other method.

·         Homes in good condition are more likely to get close to their asking price.

·         Three considerations when choosing a home are price, location and condition.

·         New homes can cost about 20 percent more than existing homes.

·         The average U.S. home appreciates 5 to 6 percent per year.

·         A nice view can easily add value of a home, so make sure your home's view is not in danger of being obstructed by future construction.

·         Most buyers view about nine homes before making a selection.

·         Keep a measuring tape handy when touring potential homes to determine if your furnishings will fit.

·         Sixty-eight percent of buyers rank neighborhood as the most important factor when choosing a home.

·         Turn on all kitchen appliances to make sure they are in good working order.

MARKET REPORT

WEEK ENDING NOV 20, 2009

Current Market Conditions for week ending           Current Market Conditions for week ending

Single family Homes                                          Single family Homes

Nov 20, 2009                                                      Nov 20, 2008

                                                                                Same week last year

Closings                                                                          Closings

30                                                                                    22  

Average close price                                                       Average close price

183,887                                                                          120,072

Pending listings                                                              Pending listings

26                                                                                      38

Average Pending List price                                   Average Pending List price

196,475                                                                        170,762

Market Conditions for week ending                Market Conditions for week ending

Including multi-family                             Including multi-family

     Nov 20, 2009                                         Nov 20, 2008

                                                                      Same week last year

Closings                                                              Closings

45                                                                      32

Average close price                                            Average close price

144,129                                                               112,249

Pending listings                                                      Pending listings

32                                                                           59

Average Pending List price                                        Average Pending List price

173,946                                                                        146,192

This data verifies what many agents are talking about now, finally after a long dry spell for homes in the 200,000 plus price range, these homes are getting some activity bringing the average sell price up dramatically from last year.   We are hoping for a busy holiday sell season!

Top 5 Home Selling Mistakes That Can Cost You

Mistake # 1. Overpricing:

You obviously want to get the highest possible price for your home, but you won't be doing yourself any favors if you price your home higher than your competition. Buyers will instantly dismiss your property if they believe it's overpriced.

Instead, pricing your home lower than similar homes in your area will spark lots of interest in your home and could lead to multiple offers.

With the large inventory of homes on the market, today's homebuyer can afford to be choosy. That means you have a lot of competition and limited attention, so a clean, uncluttered and updated home is a must. You can do this by repairing things that are broken, giving the walls a fresh coat of paint, or invest in large upgrades. After you have done this, you should make sure your house is spotless. Dirty homes get lowball offers or none at all.

When touring a house for sale, buyers need to be able to focus, evaluate and determine if the home is right for them. The last thing they need is an overeager seller following them around and pointing out new kitchen appliances and recently renovated bathrooms. So give buyers some space! During an open house or home tour, take a drive or a walk around the neighborhood, or confine yourself to one room if you absolutely have to stay home.

Real estate contracts can be complex and confusing, but don't let the fine print scare you. Before accepting a buyer's offer and entering into a formal agreement, review the contract carefully with your real estate agent or attorney.

Sure, spring is traditionally the busiest time for real estate sales, but people buy homes 365 days a year. Plus, off-peak season buyers tend to be more serious, and fewer homes on the market means less competition for sellers.

This home is in mint condition, brand new appliances & solid surface countertops in kitchen. New paint, flooring & fixtures throughout. Privacy fencing & open plan.

1737 Westpointe Drive Greenville, NC 27834

Lee & Harrell’s

Top 6 Tips on How to Save Time While Moving.

Lee & Harrell’s

Top 6 Tips on How to Save Time While Moving.

This wonderful new construction with custom features. Open plan with large bedrooms & walk-in closets. Large laundry room. Private backyard with patio. Over sized 1 car garage. A Must See!!

3711 Sassafras Court Greenville, NC 27858

What a great deal! Freshly painted inside and out 3 bedrooms on first level, large office off one of upstairs bedrooms. Walking distance to ecu.

1002 W Wright Road Greenville, NC 27858