Monday, February 19, 2018

Your Next Huntersville Agent - UNDER CONTRACT IN 2 HOURS!

YES, it is possible to sell your house that quickly!    Do you need an agent to do it that fast?  YES

I just listed a condo in the area and within 2 hours had 3 offers.   At 10:00 at night on Saturday, I sent out an email asking for highest and best.  At 9:00 the next morning we had a deal! 

You might say that theoretically it was not under contract in 2 hours but essentially we already had an offer good enough to except so we just gave everyone an opportunity to rethink the offer.

Additionally, I saved the owner money!   Listen to the video to find out how!



Birkdale and Birkdale Village Residents - This Is For YOU!

Working Hard To Be Your Next Huntersville Broker


Wednesday, February 7, 2018

Feb 2018 Current Activity for Birkdale and Birkdale Village - You can Save $$

Some Statistics from your Next Huntersville Agent

Currently there are 5 active homes in Birkdale and Birkdale Village.  The average list price is approx. $389,000!   The average days on the market is 67 days.   I believe the reason for the days on the market was that they were listed during the holidays which historically have been slow for real estate sales.

There are currently 6 homes under contract.  The average list price of these homes is approximately $400,000.    The average days on the market is 80 days.   One thing about that number is that one of the homes was on the market 276 days which throw those averages high.  3 of these homes sold in less that a week!

The market is ready for YOUR house if that is your intention.

You may be reading this because it states above, you can Save $$.   I provide full service from professional photos to negotiations and you do not have to pay 6% to get it.   As a matter of fact NEVER pay 6% again.  People ask me how I can afford to do this.   I am happy to explain how in a 1-1 conversation.  It makes logical sense to me and will be to you too!


Tuesday, January 23, 2018

Your Next Huntersville Agent: WOW 32 THOUSAND Visitors

Birkdale and Birkdale Village Real Estate Website

Why would you consider working with Your Next Huntersville Agent?  

The first place to look is the Birkdale at Lake Norman Sellers Page.

You can also check out the page dedicated to the Birkdale at Lake Norman Active Listings

If you need even more reasons consider that we just hit 32 Thousand unique visitors to this website dedicated to just your community.   I am committed to be the best real estate broker for YOUR community!  

Contact me and let's talk!   


Saturday, January 13, 2018

Your Next Huntersville Agent - Under Contract in ONE Day!



Are you considering buying or selling a home in the Huntersville/Birkdale/Birkdale Village areas in 2018.  Got some news for you regardless of which side of the transaction you are on.

I have a buyer that has been looking in the area and the good ones get gobbled up so quickly that we have been having a problem.

We just found a great home and scheduled a showing for Saturday 1/13.   Home was listed on 1/11!    I received an email on the 12th stating it was under contract.  ONE DAY!

That is great news for sellers.  Price it right and they will come!
No as good news for buyers.   Have to be ready to move quickly and this can be unsettling form some!   But as the say,  it is what it is.

Keep in mind the home was priced right in the sweet spot and was in great condition!

Another Factor going forward!

The Federal Reserve has stated they will probably raise rates 4 times in 2018. We all should keep an eye on this to see how it impacts buying and selling real estate.

Below are the latest interest rates from Wells Fargo.

Current Mortgage Rates for MECKLENBURG COUNTY, NC

Check out our rates. I've included below a selection of current rates for a few of our many products. I'd be happy to discuss options with you and your client based on their particular needs.
Conforming
Loan Type
MI Type
Interest Rate
APR
30-yr fixed Conforming
4.125%
4.153%
VA 30-yr fixed
4.000%
4.121%
20-yr fixed Conforming
4.000%
4.025%
15-yr fixed Conforming
3.625%
3.657%

Jumbo
Loan Type
MI Type
Interest Rate
APR
7/1 ARM Jumbo
3.625%
4.038%
30-yr fixed Jumbo
4.125%
4.155%
VA 30-yr fixed
4.125%
4.243%
15-yr fixed Jumbo
3.875%
3.927%
Information displayed is accurate as of 1/13/2018 8:12:05 AM (CT) and is subject to change without notice.
For information on the many other loan options we have available, please contact me. I look forward to hearing from you.



SHERRY CONNOR

Private Mortgage Banker
NMLSR ID 101116

Wells Fargo Home Mortgage | 2115 Rexford Road, Floor 1 | CHARLOTTE, NC 28211
MAC D1051-010
Tel 704-367-7659 | Cell 704-617-9686 | Fax 855-518-1478

Sherry.Connor@wellsfargo.com | www.wfhm.com/sherry-connor



Friday, December 29, 2017

Your Next Huntersville Agent: 2018 Housing Forecast

Are you thinking of selling your Huntersville/Birkdale area home in 2018.   You may want to hit the market 1st based on the Realtor.com article recently published.    You can wait to see what happens but the Fed chairman has already stated there could be up to 5 rate increases in 2018.    If you are buying it is a double edge sword and you just keep a close eye.   Inventory is supposed to increase but rates might as well.   We can help!

Here are the main bullet points coming directly from the article:  Realtor.com  always has fantastic up to date information that you should bookmark and check often if you are buying or selling real estate.

Thinking of Selling:  Check out these other articles by Your Next Huntersville Agent.
Thinking of Buying:  See What your Next Huntesville Agent will do for you!
  • Inventory expected to begin to increase – In August, the U.S. housing market began to see a higher than normal month-over-month deceleration in inventory that has continued into fall. Based on this pattern, realtor.com® projects U.S. year-over-year inventory growth to tick up into positive territory by fall 2018, for the first time since 2015. Inventory declines are expected to decelerate slowly throughout the year, reaching a 4 percent year-over-year decline in March before increasing in early fall, after the peak home-buying months. Boston; Detroit; Kansas City, Mo.; Nashville; and Philadelphia are predicted to see inventory recover first. The majority of this growth is expected in the mid-to-upper tier price points, which includes U.S. homes priced above $350,000. Recovery for starter homes is expected to take longer because their levels were significantly depleted by first time buyers.
  • Price appreciation expected to slow – Home prices are forecasted to slow to 3.2 percent growth year-over-year nationally, from an estimated increase of 5.5 percent in 2017. Most of the slowing will be felt in the higher-priced segment as more available inventory in this price range and a smaller pool of buyers forces sellers to price competitively. Entry-level homes will continue to see price gains due to the larger number of buyers that can afford them and more limited homes available for sale in this price range.
  • Millennials anticipated to gain market share in all home price segments – Although millennials will continue to face challenges next year with rising interest rates and home prices, they are on track to gain mortgage market share in all price points, due to the sheer size of the generation. Millennials could reach 43 percent of home buyers taking out a mortgage by the end of 2018, up from an estimated 40 percent in 2017. With the largest cohort of millennial expected to turn 30 in 2020, their homeownership market share is only expected to increase.
Millennials are a driving force in today’s housing market. They already dominate lower price home mortgage and are getting close to overtaking older generations for mid- and upper-tier mortgages. While financially secure in general, their debt to income ratios have started to increase as they compete for higher priced homes.
  • Southern markets predicted to lead in sales growth – Southern cities are anticipated to beat the national average in home sales growth in 2018 with Tulsa, Okla.; Little Rock, Ark.; Dallas; and Charlotte, N.C. leading the pack. Sales are expected to grow by 6 percent or more in these markets, compared with 2.5 percent nationally. The majority of this growth can be attributed to healthy building levels combating the housing shortage. With inventory growth just around the corner, these areas are primed for sales gains in years to come.
  • Tax reform will be a major wildcard – At the time of this forecast, both the House and Senate had bills up for consideration, but neither had passed and their impact was not included in the forecast for 2018 sales and prices. Since then, the House has passed its tax bill and the Senate bill is likely to be voted on soon. While the ultimate impact of tax reform will depend on the details of the plan that is finally adopted, both versions include provisions that are likely to decrease incentives for mobility and reduce ownership tax benefits. On the flip side, some taxpayers, including renters, are likely to see tax cuts. While more disposable income for buyers is positive for housing, the loss of tax benefits for owners could lead to fewer sales and impact prices negatively over time with the largest impact on markets with higher prices and incomes.
Next year, home prices are anticipated to increase 3.2 percent year-over-year after finishing 2017 up 5.5 percent year-over-year. Existing home sales are forecast to increase 2.5 percent to 5.60 million homes due in-part to inventory increases, compared to 2017’s 0.4 percent increase or 5.47 million homes. Mortgage rates are expected to reach 5.0 percent by the end of 2018 due to stronger economic growth, inflationary pressure, and monetary policy normalization in the year ahead.

Wednesday, December 6, 2017

Your Next Brikdale Agent - Fall Activity and Merry Christmas


Here is Wishing you and your family the Merriest of Christmases!    From my family to yours!
On the Huntersville and Birkdale Real Estate Front, here are a few statistics for the last 90 days!

19 homes sold.
Sold price to list price percent was 96.94%
Average days on the market was 88 days

9 homes are currently active!
The average days on the market is 111 days but is being skewed by one home being on the market 224 days. 

Please feel free to contact me with any questions.   There is never any obligation.  Also, come back often for valuable information and you can always see the home for sale in Birkdale and Birkdale Village!

Your Next Huntersville Agent - UNDER CONTRACT IN 2 HOURS!

YES, it is possible to sell your house that quickly!    Do you need an agent to do it that fast?  YES I just listed a condo in the area an...