Eastern North Carolina Real Estate Blog

Stay up to date with info on Buying and Selling Homes and Market Reports

Sept. 22, 2021

9 Tips for Buying and Selling Your Home at the Same Time

9 Tips for Buying and Selling Your Home at the Same Time

 

Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex logistics of trying to sell and buy a new home all at once.

 

Searching for a new home can be exciting, but many homebuyers admit that it can also be stressful, especially if you live in an unpredictable market with plenty of competitors. Unfortunately, waiting out a competitive housing market isn’t always the best idea either since listings are expected to remain limited in the most coveted neighborhoods for some time.²

 

That doesn't mean, though, that you should just throw up your hands and give up on moving altogether. In fact, as a current homeowner, you could be in a better position than most to capitalize on a seller’s market and make a smooth transition from your old home to a new one.

 

We can help you prepare for the road ahead and answer any questions you have about the real estate market. For example, here are some of the most frequent concerns we hear from clients who are trying to buy and sell at the same time.

 

 

“WHAT WILL I DO IF I SELL MY HOUSE BEFORE I CAN BUY A NEW ONE?”

 

This is an understandable concern for many sellers since the competitive real estate market makes it tough to plan ahead and predict when you'll be able to move into your next home. But chances are, you will still have plenty of options if you do sell your home quickly. It may just take some creativity and compromise.

 

Here are some ideas to make sure you're in the best possible position when you decide to list your home:

 

Tip #1: Flex your muscles as a seller.

In a competitive market, buyers may be willing to make significant concessions in order to get the home they want. In some cases, a buyer may agree to a rent-back clause that allows the seller to continue living in the home after closing for a set period of time and negotiated fee.

 

This can be a great option for sellers who need to tap into their home equity for a downpayment or who aren’t logistically ready to move into their next home. However, many lenders limit the duration of a rent-back to 60 days, and there are liability issues to consider before entering into an agreement. A contract and security deposit should be in place in case of any property damage or unexpected repairs that may be needed during the rent-back period.³

 

Tip #2: Open your mind to short-term housing options.

While it can be a hassle to move out of your old home before you’re ready to move into your new one, it’s a common scenario. If you’re lucky enough to have family or generous friends who offer to take you in, that may be ideal. If not, you’ll need to find temporary housing. Check out furnished apartments, vacation rentals and month-to-month leases. If space is an issue, consider putting some of your furniture and possessions in storage.

 

You may even find that a short-term rental arrangement can offer you an opportunity to get to know your new neighborhood better—and lead to a more informed decision about your upcoming purchase.

 

Tip #3: Embrace the idea of selling now and buying later.

Instead of stressing about timing your home sale and purchase perfectly, consider making a plan to focus on one at a time. Selling before you’re ready to buy your next home can offer a lot of advantages.

 

For one, you’ll have cash on hand from the sale of your current home. This will put you in a much better position when it comes to buying your next home. From budgeting to mortgage approval to submitting a competitive offer, cash is king. And by focusing on one step at a time, you can alleviate some of the pressure and uncertainty.

 

 

“WHAT IF I GET STUCK WITH TWO MORTGAGES AT THE SAME TIME?”

 

This is one of the most common concerns that we hear from buyers who are selling a home while shopping for a new one, and it’s realistic to expect at least some overlap in mortgages. To make sure you don't get into a situation where you are carrying dual mortgages for longer than you can afford, examine your budget and calculate the maximum number of months you can afford to pay both.⁴

 

If you simply can’t afford to carry both mortgages at once, then selling before you buy may be your best option. (See Tip #3 above.) But if you have some flexibility in your budget, it is possible to manage both a home sale and purchase simultaneously. Here are some steps you can take to help streamline the process:

 

Tip #4: As you get ready to sell, simplify.

You can condense your sales timeline if you only focus on the home renovations and tasks that matter most for selling your home quickly. For example, clean and declutter all of your common areas, refresh your outdoor paint and curb appeal, and fix any outstanding maintenance issues as quickly as possible.

 

But don't drain unnecessary time and money into pricey renovations and major home projects that could quickly bog you down for an unpredictable amount of time. We can advise you on the repairs and upgrades that are worth your time and investment.

 

Tip #5: Prep your paperwork.

You'll also save valuable time by filing as much paperwork as possible early in the process. For example, if you know you'll need a mortgage to buy your next home, get pre-approved right away so that you can shorten the amount of time it takes to process your loan.

 

Similarly, set your home sale up for a fast and smooth transition by pulling together any relevant documentation about your current home, including appliance warranties, renovation permits, and repair records. That way, you're ready to provide quick answers to buyers' questions should they arise.

 

Tip #6: Ask us about other contingencies that can be included in your contracts.

Part of our job as agents is to negotiate on your behalf and help you win favorable terms. For example, it’s possible to add a contingency to your purchase offer that lets you cancel the contract if you haven't sold your previous home.

 

This tactic could backfire, though, if you're competing with other buyers. We can discuss the pros and cons of these types of tactics and what’s realistic given the current market dynamics.

 

 

“WHAT IF I MESS UP MY TIMING OR BURN OUT FROM ALL THE STRESS?”

 

When you're in the pressure cooker of a home sale or have been shopping for a home for a while in a competitive market, it's easy to get carried away by stress and emotions. To make sure you're in the right headspace for your homebuying and selling journey, take the time to slow down, breathe and delegate as much as possible. In addition:

 

Tip #7: Relax and accept that compromise is inevitable

Rather than worry about getting every detail right with your housing search and home sale, trust that things will work out eventually––even if it doesn't look like your Plan A or even your Plan B or Plan C. Perfecting every detail with your home decor or timing your home sale perfectly isn't necessary for a successful home sale and compromise will almost always be necessary. Luckily, if you've got a good team of professionals, you can relax knowing that others have your back and are monitoring the details behind the scenes.

 

Tip #8: Don't worry too much if your path is straying from convention

Remember that rules-of-thumb and home-buying trends are just that: they are estimates, not facts. So if your home search or sale isn't going exactly like your neighbor’s, it doesn't mean that you are doomed to fail.

 

It's possible, for example, that seasonality trends may affect sales in your neighborhood. So a delayed sale in the summer or fall could affect your journey––but not necessarily. According to the National Association of Realtors, the housing market tends to be more competitive during the summer and less competitive during the winter.⁵ But it's not a hard and fast rule, and every real estate transaction is different. That's why it's important to talk to a local agent about your specific situation.

 

Tip #9: Enlist help early.

Which leads us to our final tip: If possible, call us early in the process. We'll not only provide you with key guidance on what you should do ahead of time to prepare your current home for sale, we'll also help you narrow down your list of must-haves and wants for your next one. That way, you'll be prepared to act quickly and confidently when it’s time to list your house or make an offer on a new one.

 

It's our job to guide you and advocate on your behalf. So don't be afraid to lean on us throughout the process. We’re here to ease your burden and make your move as seamless and stress-free as possible.

 

 

BOTTOMLINE: COLLABORATE WITH A REAL ESTATE PROFESSIONAL TO GET TAILORED ADVICE THAT WORKS FOR YOU

 

Buying and selling a home at the same time is challenging. But it doesn't have to be a nightmare, and it can even be fun. The key is to educate yourself about the market and prepare yourself for multiple scenarios. One of the best and easiest ways to do so is to partner with a knowledgeable and trustworthy agent.

 

A good agent will not only help you evaluate your situation, we will also provide you with honest and individually tailored advice that addresses your unique needs and challenges. Depending on your circumstances, now may be a great time to sell your home and buy a new one. But a thorough assessment may instead show you that you're better off pausing your search for a while longer.

 

Contact us for a free consultation so that we can help you review your options and decide the best way forward.

 

 

Sources:

1.     Board of Governors of the Federal Reserve System, FEDS Notes - https://www.federalreserve.gov/econres/notes/feds-notes/housing-market-tightness-during-covid-19-increased-demand-or-reduced-supply-20210708.htm

2.     Federal Reserve Bank of St. Louis, FRED Economic Data - https://fred.stlouisfed.org/series/MSPUS

3.     Realtor.com - https://www.realtor.com/advice/sell/what-is-a-rent-back-agreement/

4.     Bankrate.com - https://www.bankrate.com/real-estate/sell-your-house-while-buying-another/

5.     National Association of REALTORS - https://www.nar.realtor/blogs/economists-outlook/seasonality-in-the-housing-market

Posted in Buying a Home
April 10, 2021

Williamsburg Plantation Real Estate Market Update for April 2021

Williamsburg Plantation Real Estate Market Update for April 2021

Introduction

We’ve seen Williamsburg Plantation Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Onslow County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the Williamsburg Plantation Real Estate Market?

 

      Average sales price in North Shore is $237,899 which is the highest we’ve ever seen it.

      Average days on market is 17.

      10 closed sales

      2 new listings

      2 active listings

      9 pending sales

      <1month of inventory, and this is

      Total sales volume of over $3mm for the first quarter.

 

Williamsburg Plantation 

What Does This Mean for Williamsburg Plantation Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Onslow County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for Williamsburg Plantation Home Buyers?

 

 “With only a few homes of inventory available here in Williamsburg Plantation, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

The Preserve at Tidewater Real Estate Market Update for April 2021

The Preserve at Tidewater Real Estate Market Update for April 2021

Introduction

We’ve seen Tidewater Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Onslow County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the Tidewater Real Estate Market?

 

      Average sales price in North Shore is $327,973 which is the highest we’ve ever seen it.

      Average days on market is 8.

      10 closed sales

      2 new listings

      2 active listings

      39 pending sales

      <1month of inventory, and this is

      Total sales volume of over $3mm for the first quarter.

 

Tidewater Market Report 

What Does This Mean for Tidewater Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Onslow County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for Tidewater Home Buyers?

 

 “With only a few homes of inventory available here in Tidewater, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

Pelican Reef Real Estate Market Update for April 2021

Pelican Reef Real Estate Market Update for April 2021

Introduction

We’ve seen Pelican Reef Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Pender County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the Pelican Reef Real Estate Market?

 

      Average sales price in North Shore is $333,333 which is the highest we’ve ever seen it.

      Average days on market is 14.

      3 closed sales

      0 new listings

      0 active listings

      2 pending sales

      0 months of inventory, and this is

      Total sales volume of over $1mm for the first quarter.

 

 Pelican Reef Market Report

What Does This Mean for Pelican Reef Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Peneer County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for Pelican Reef Home Buyers?

 

 “With only a few homes of inventory available here in Pelican Reef, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

Oyster Landing Real Estate Market Update for April 2021

Oyster Landing Real Estate Market Update for April 2021

Introduction

We’ve seen Oyster Landing Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Onslow County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the Oyster Landing Real Estate Market?

 

      Average sales price in North Shore is $150,480 which is the highest we’ve ever seen it.

      Average days on market is 6.

      5 closed sales

      3 new listings

      3 active listings

      48 pending sales

      2 months of inventory, and this is

      Total sales volume of over $1mm for the first quarter.

 

Oyster Landing Market Report 

What Does This Mean for Oyster Landing Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Oyster Landing County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for Oyster Landing Home Buyers?

 

 “With only a few homes of inventory available here in Oyster Landing, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

Olde Point Real Estate Market Update for April 2021

Olde Point Real Estate Market Update for April 2021

Introduction

We’ve seen Olde Point Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Pender County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the Olde Point Real Estate Market?

 

      Average sales price in North Shore is $397,817 which is the highest we’ve ever seen it.

      Average days on market is 117.

      6 closed sales

      3 new listings

      3 active listings

      9 pending sales

      1.5 months of inventory, and this is

      Total sales volume of over $2.5mm for the first quarter.

 

Olde Point Market Report 

What Does This Mean for Olde Point Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Pender County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for Olde Point Home Buyers?

 

 “With only a few homes of inventory available here in Olde Point, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

North Shore Real Estate Market Update for April 2021

North Shore Real Estate Market Update for April 2021

Introduction

We’ve seen North Shore Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Onslow County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the North Shore Real Estate Market?

 

      Average sales price in North Shore is $419,000 which is the highest we’ve ever seen it.

      Average days on market is 6.

      6 closed sales

      3 new listings

      3 active listings

      4 pending sales

      1.5 months of inventory, and this is

      Total sales volume of over $2.5mm for the first quarter.

 

North Shore Market Report 

What Does This Mean for Norht Shore Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Onslow County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for North Shore Home Buyers?

 

 “With only a few homes of inventory available here in North Shore, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

Northchase Real Estate Market Update for April 2021

Northchase Real Estate Market Update for April 2021

Introduction

We’ve seen Northchase Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in New Hanover County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the Northchase Real Estate Market?

 

      Average sales price in Northchase is $241,674 which is the highest we’ve ever seen it.

      Average days on market is 25.

      17 closed sales

      3 new listings

      3 active listings

      9 pending sales

      <1 month of inventory, and this is

      Total sales volume of over $4mm for the first quarter.

 

Norhtchase Market Report 

What Does This Mean for Norhtchase Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in New Hanover County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for Northchase Home Buyers?

 

 “With only a few homes of inventory available here in Northchase, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

New River Plantation Estate Market Update for April 2021

New River Plantation Estate Market Update for April 2021

Introduction

We’ve seen The Neighborhoods of New River Plantation Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Onslow County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the New River Plantation Real Estate Market?

 

      Average sales price in New River Plantation is $278,963 which is the highest we’ve ever seen it.

      Average days on market is 1.

      3 closed sales

      0 new listings

      0 active listings

      1 pending sales

      0 months of inventory, and this is

      Total sales volume of over $1mm for the first quarter.

 

New River Plantation Market Report 

What Does This Mean for New River Plantation Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Onslow County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for New River Plantation Home Buyers?

 

 “With only a few homes of inventory available here in New River Plantation, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report
April 10, 2021

The Neighborhoods of Holly Ridge Estate Market Update for April 2021

The Neighborhoods of Holly Ridge Estate Market Update for April 2021

Introduction

We’ve seen The Neighborhoods of Holly Ridge Homes continue to sell homes quickly and for some of the highest prices we’ve ever seen in the neighborhood. It’s become apparent in our market that there are more buyers than seller currently and it’s caused homes to sell quickly and for top dollar. As we work with buyer’s looking in Onslow County we continue to see homes with multiple offers and seller’s getting to dictate the terms of how their house is sold.

 

     What’s Happening in the The Neighborhoods of Holly Ridge Real Estate Market?

 

      Average sales price in The Neighborhoods of Holly Ridge is $258,075 which is the highest we’ve ever seen it.

      Average days on market is 6.

      12 closed sales

      1 new listings

      1 active listings

      6 pending sales

      <1 months of inventory, and this is

      Total sales volume of over $3mm for the first quarter.

 

 Neighborhoods of Holly Ridge

What Does This Mean for The Neighborhoods of Holly Ridge Homeowners and Sellers?

If you’re considering putting your home on the market, right now is a really good time to do so as we’re seeing strong demand and multiple offers on almost every house that comes up on the market.

 

 Homes are metaphorically flying off the shelves here in Onslow County, so we’re seeing a lot of properties that are less prepared for sale than they would have been even just a year ago. But the data shows that simple repairs and cosmetic improvements before listing can net you thousands of dollars! Reach out to us for a free consultation and so we can connect you to our preferred vendors in your neighborhood.”

What Does This Mean for The Neighborhoods of Holly Ridge Home Buyers?

 

 “With only a few homes of inventory available here in The Neighborhoods of Holly Ridge, buyers have to be ready to act quickly when they find a home they’re interested in. Do you have your financials in order? Which home features are you are your absolute must-haves? We can help you prepare to win the home of your dreams in this tough market, so reach out for a free consultation!”

Conclusion

We expect the next few months to present a challenge to buyers looking for a home and it’s an opportunity for sellers who want to sell for top dollar.  If you want to get the process started there are a couple ways we can help you right now.

 

#1. Get a custom “Pin Point Price Analysis”

With our “Pin Point Price Analysis” we take a closer look at your house and prepare a very specific estimated selling price for your home. The price will be much more precise than the general range or what it might sell for.  Text “Pin Point” to 910-622-3578



#2. Get a “Room by Room Review”

With our “Room by Room Review” we make specific recommendations about which fixups or improvements you should (and should not) do to prepare your home for sale. We’ll point out the lowest cost, highest return improvements you can make to help sell your home quickly and for more money.  Text or call us at 910-622-3578 to set this up.



#3. Get access to our “Silent Market”

We specialize in the Sneads Ferry Area and we work with a lot of buyers currently looking for a home like yours. We can include your home in our Silent Market list of homes and we might be able to find a buyer for your house without even putting it on the market. Because of all the marketing our team does for the homes we do list, we constantly wind up with more buyers than homes to sell them.  Reach out to us at 910-622-3578 to go over the details.

Posted in Market Report