What
price is the right price? This is a challenging question in Suwanee's
current real estate market - as well as all of metro Atlanta. The
typical CMA (comparative market analysis) most agents like to use isn't
going to get the job done if you want to have your home priced
competitively - and - SELL!
Many agents, like myself, are filling their arsenal with supporting
data from many sources.
Buyers
will "pick" the house that is priced the best and the one
which
doesn't require work once they close and move in. The majority of
buyers do not want to replace carpet or flooring; update kitchens or
bathrooms. With the ever changing mortgage guidelines, buyers are
usually bringing more money to the table and don't want to be faced
with home improvement jobs from the get-go.ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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Hi Janice,
What a great post! I loved the title, which does a really nice job of summing up the market. We have seen a nice increase in our 1031 exchange business since late February, too. I think we have seen the bottom of the market in terms of activity, but still have about 12 months to go before we see the bottom of the market in terms of price declines.
Hope all is well.
Thanks Bill for your comments. We are poised for a turn around as well. We have always been a great market, but I think the media has hurt us more than anything. We are striving to bring confidence back to the consumer. Here's hoping!!
Janice
I'm so happy when sellers are realistic... there are so many properties to choose from- people have many great choices right now.