Don Eldred

Charlotte, NC - Real Estate

Real Estate Auctions are becoming more and more popular in today's Real Estate Market.

As foreclosures continue to rise and builders sales continue to fall, the real estate world is facing a tremendous amount of properties just sitting on the market. With nearly 11 months of inventory on the market, it is very hard for banks and creditors to sell vacant homes they possess.

What you are starting to see is more auctions to sell these homes. Particularly with New Home inventory. With an experienced auctioneer/sales person an auction usually sells homes in 6 weeks.

Don Eldred and Tranzon Metrolina are selling New Home Inventory all over the Charlotte area. They will be auctioning six more homes around this Charlotte area in the coming weeks and are seeing a trend developing in Charlotte Real Estate. "The builders I have been working with for years are finding themselves holding onto property for months and even years, now I am able to help them get rid of the property in weeks. Its a win for the buyers who get a great deal and a win for builder who free up the capital to stimulate the market."

For more information on Real Estate Auctions check out these sites:

Tranzon: Changing the way Real Estate is sold...one auction at a time!

New Homes Link: Your home for Charlotte Real Estate

Real Estate Auction....Why?

Other Related Blogs:

Buyers' market or sellers' market in the small towns to the south of Charlotte NC?

Charlottte, NC Builder Inventory Homes

Charlotte Real Estate by Don Eldred (Wordpress)

This is your chance to get a great deal on a New Home! Don't miss it!

This Thursday, January 22nd, Southampton Homes will be auctioning off 6 Luxury Homes to avoid foreclosure. They are cutting the prices nearly $100,000 on each home. As the Real Estate Market struggles to recover more and more builders a relying on auctions to help avoid foreclosure. In a current press release from January 9th, they talk about the new wave of auctions, "In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to liquidate new home inventories." (To read the rest of the article please visit http://www.prweb.com/releases/2009/01/prweb1835834.htm)

This auction will bring these beautiful luxury homes originally prices in the upper 400s to a reasonable mid 300s. Check out the details below:

Tranzon Auction Number: FX1543

Auction Date and Time: Thursday, Jan. 22, 10:00am

Inspection Dates and Times: Saturday, Jan. 10 & 17, 1-4pm

Auction Location: 7417 S Golf Course Drive, Denver, NC 28037

For information on the houses available click here It doesn't get any better than this! For more information on the auction or finding other great deals like these contact...

Don Eldred

doneldred@newhomeslink.com

(704) 363-2581

www.newhomeslink.com

Charlotte, NC Real Estate expert Don Eldred says, "Now's the time to buy a new home!"

New Construction accounts for 1/6th of our economy. Think about it...

Lumber, Plumbing, Concrete, Tools, Appliances, The Manual Labor, Carpet, Shingles, Paint, etc.

When our economy is up, new home sales are up. Unfortunately our economy is down, so you guess it, new home sales are down. So what does that mean for us? What do we need to do to fix it?

This is where I come in. As a Realtor for a quarter century I have seen the rise and fall of home sales, but nothing quite like what we are going through today. In order for us to get through this we must free up money for builders to keep building and buyers to keep buying.

The traditional sales method for Real Estate takes months and sometimes (especially in our market) the better part of a year. How can we speed this up so we can free up some money for builders who are sitting on inventory. We auction the homes at a great price. This stimulates the market and allows builders to get their money back out.

The auction process only takes a about a month. This is a fraction of the time the traditional sales process can take. I think this is going to be a huge tool in recovering our economy.

So I have joined forces with Tranzon Metrolina to do my part in turning around the economy. And you can benefit from it!

This blog will be a host for my auctions. A source for you to find incredible deals, alternatives to foreclosures and bankruptcy sales. and a place to keep tabs on these great opportunities.

GREAT HOMES, GREAT PRICES, GREAT OPPORTUNITY!

For more information about auctions or Charlotte area Real Estate please contact

Don Eldred

Tranzon/Metrolina

www.newhomeslink.com

doneldred.wordpress.com

I moved to Charlotte, NC in September of 1989 just a week before Hurricane Hugo hit the area. Seeing the damage Hugo caused to Real Estate in the area gave me a new perspective on the value of a person's home. By 1990 I started working with 2 builders in Union County and by 1995 introduced the term "starter home" into the Charlotte Market.

As my passion for getting people into their new home grew I started the first TEAM in the Charlotte Market in ‘97. We were proud to be a part of one of the most growing cities in the US. We were the first to do Down Payment Assistance and other great programs to help buyers get into their dream home. By 2001 we represented 10 builders in 15 subdivisions and sold 239 homes (40 Millions in Real Estate).

I was the first Realtor to represent more than one builder in our market, but by 2005 the marketplace changed. Mom and Pop Builders were replaced by National Builders. I had represented 30 builders in 60 subdivisions and stood by the National Builders as they developed the land and planned their new communities.

By 2006 I had sold over 2400 new homes.

I have combined my knowledge and love for New Construction with Tranzon Auctioning. Bringing a new concept of auctioning homes to the Charlotte Marketplace. This will allow me to help the Mom and Pop Builders (that got me started) stay out of foreclosure and bankruptcy. It will allow many people in the Charlotte Real Estate Market to find good deals when looking to purchase new construction and help get rid of inventory that is hurting these builders.

I have a passion to help our economy by helping people and helping builders. 1/6th of our economy is New Construction. I want to help put the people and the builders together to get our economy rolling again!

"Without passion we only have mediocrity."