Considering Selling Your Home in Cary?

Considering Selling Your Home in Cary?

Why now is a great time to list your home for sale in the Triangle area:

1. Inventory is low compared to this time last year.  About 16% less.
2. List prices are up overall, about 12% higher than last year.
3. Closed sales are up 39% and Pending Sales are up 22%
4. Interest Rates are still at historic lows, making it very attractive for both first time buyers and move up buyers.
5. This "perfect storm" may not last long.  As soon as rates start to climb, demand will slow and inventory will rise.
6. Many multiple offer situations lately.  Wouldn't you want buyers fighting over your home?

CLICK HERE for more information about Selling your Home in Cary.

Have you been wondering what your home is worth in today's market?  Here is a great tool to learn more about your home's value.  For a no obligation personal market analysis, give me a call.  I'd be happy to tour your home and give you specific sales comparable information to help determine how much your home would sell for right now.

See all Home Values in the Triangle Market Here.

If you have been dreaming of moving up to a larger home, there is no better time than the present.  Let's meet and discuss your options for moving up to your dream home.

How to Price to Sell and Still Make a Profit!

How to price to sell and still make a profit

The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent's knowledge of the overall market and what's selling - or not selling - will be invaluable in helping you determine the price. The objective is to find a price that the market will bear but won't leave money on the table. 

Here are some points to consider: Time. Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal is to make money, think about a price that will encourage buyer activity (read: fair market value).

Value vs. Cost. Pricing your home to sell in a timely fashion requires some objectivity. It's important that you not confuse value with cost - in other words, how much you value your home versus what buyers are willing to pay for it. Don't place too much emphasis on home improvements when calculating your price, because buyers may not share your taste. For instance, not everyone wants hardwood floors or granite countertops. 

Keep it simple. Because time is of the essence, make it easy for the buyers. Remain flexible on when your agent can schedule showings. Also, avoid putting contingencies on the sale. Though a desirable move-in date makes for a smoother transition between homes, it could cause you to lose the sale altogether. 


Considering Selling? I can help you! Find out what Your Home Is Worth

Call Jim Cleveland 919-741-0923

Jim@JimClevelandHomes.com