Lake Norman NC Waterfront Homes are leveling out in prices and are expected to hold steady. Homes sales on Lake Norman have picked up over the recent months. There are far less distressed home owners living on Lake Norman than most any part of the nation. The custom home builders around Lake Norman did in fact get caught in the fishers net when the market and banks began to tank, but the good news is that volumes of those issues have now cleared and Realtors are back making sales on a near normal basis. However, those that are making sales are seasoned Realtors, which is a good thing. See, back in the real estate GOLD RUSH, nearly everyone knew a PT or FT real estate agent and that alone flooded the real estate market. Those that could not weather the storm (mostly PT Realtors) simply got out of the business and moved back to what they were once doing, or otherwise found a new career. Among those that put there blinders on (worked harder and longer hours) and kept pushing forward in every way possible, regardless of the down economy, survived. The Realtors that succeeded the best in the downturn either had an established client base and great reputation, or they had embraced online marketing technologies years prior to the recession. Fortunately, my husband and I were years ahead of the "online marketing curve" and worked our Lake Norman and Charlotte NC website as a result, we together have realized the benefits. If you are thinking of hanging in the real estate market, my best advice to you is to learn everything possible about the Internet and begin your online quest. The process is tedious and will require lots of time (couple years min) of day-to-day devotion before you get a handle on what to do, which services to use and how to deploy them effectively. As the Internet is constantly changing it requires more than just a website, in essences it requires a host of online tools, including a mix of video and a clear marketing strategy to simply keep ahead of the curve. If you would like to learn more about how you can be more effective in selling your home or marketing your home online for your clients, feel free to post a question and I will do my best to answer. If you are seasoned online marketer and have a website contact me and I will offer you a few great tips.
Work hader than years prior and you will succeed.
Work Works!
Sincerely,
Sunny Yates- Realtor/Broker/Lake Norman & Charlotte NC
Newsmakers:
•1. The foreclosure mess is not as bad it may have first appeared. Bank of America and GMAC have already lifted the moratorium in many states finding no significant problems. And the Secretary of HUD has said they have found no systematic issues in underlying documents. But it has been also reported that banks repossessed the highest number of homes in history in September.
•2. Is there a 3.8% tax on sales in the new health care bill? The truth is that only a tiny percentage of home sellers will pay the tax. First of all, only those with incomes over $200,000 a year ($250,000 for married couples filing jointly) will be subject to it. And even for those who have such high incomes, the tax still won't apply to the first $250,000 on profits from the sale of a personal residence - or to the first $500,000 in the case of a married couple selling their home.
•3. How can it be a good time to sell AND a good time to buy? Because the most important thing to sellers is price (with more distressed properties hitting the market in the coming months (see #1) there will be more downward pressure on prices) and because the most important thing to buyers is cost (cost is the mortgage payment every month and if interest rates rise in the coming months as predicted the cost is lowest now).
Contact Sunny Yates at 704-737-1732, for all your Charlotte Real Estate and Lake Norman Real Estate needs!
N.C. Ranked 14th for Solar Energy Jobs
North Carolina ranks 14th nationally for the most solar-related jobs, with an estimated 1,033 employed, two advocacy groups recently announced. N.C. employers say they expect to increase the number of jobs by 37 percent in 2011 - higher than the 26 percent forecast for the nation as a whole.
http://www.charlotteobserver.com/2010/10/19/1773064/nc-ranked-14th-for-solar-energy.html
Contact Sunny Yates if you are looking to buy or sell your Charlotte Homes or Lake Norman Homes.
North Carolina ranked 3rd by Forbes for Best States for Business
Gov. Bev Perdue on Oct. 14 announced Forbes magazine is ranking North Carolina as the 3rd Best State for Business in America. North Carolina improved from last year's Forbes ranking of fifth. In addition, the Governor announced that recent statistics from the Federal Bureau of Labor and Statistics show North Carolina is the 3rd best state for declining unemployment and 4th in the nation for job creation. "This shows that the hard work of the past year has paid off -- our investments in education to build the workforce of tomorrow, policies that create a more business-friendly climate and our aggressive recruiting," said Gov. Bev Perdue. "When I took office, I pledged to take any meeting and make any call to bring jobs to this state. There's nothing I love more than convincing a corporate executive of what a great place this is to live and work." In the Forbes rankings, North Carolina scored third in Business Costs and Regulatory Environment and ninth in Growth Prospect. Forbes scored the states on six measures including business cost, labor supply, regulatory environment, economic climate, growth prospect and quality of life. While Perdue acknowledged the need to go further in job growth, she noted four indicators that hint at North Carolina's economic recovery:
In addition to some 36,700 jobs created in the last 12 months, Gov. Perdue and her team at the Department of Commerce have secured commitments for 30,000 new jobs since last year and $5.6 billion in investments. See the full story. <http://www.nclist.com/t/3757544/383650/3105/0/> Below are the rankings for the top ten states. See the full rankings for all states <http://www.nclist.com/t/3757544/383650/3106/0/> .
Search all of Charlotte real estate and Lake Norman real estate with Sunny Yates!
Peter Shire, from Huntersville NC wrote about Sunny Yates;
"When facing the challenges of a booming or a declining real estate market it is critical to find and employ the most talented and devoted resources available. Thankfully I found Sunny Yates when moving into the booming 2003 Charlotte market place and she proved her expertise in finding a wonderful Charlotte home for my family. Then in the midst of the 2008 real estate market collapse, Sunny helped us sell that home in one day! Her devotion to meeting our goals was evident as she guided us through the myriad of homes on the market that summer. Sunny found the home of our dreams a few hours after it hit the market and we purchased it that day. I cannot recommend her more highly. Sunny is uniquely devoted to her clients. She has the patience and critical listening skills to understand what you need. She has a clear proven understanding of the dynamic Charlotte real estate market. Sunny works diligently everyday in a positive, supportive fashion to exceed her clients' needs. Sunny Yates is the real estate professional you wan by your shoulder advising you on this life changing decision."
Hi my name is Sunny Yates, I am a real estate professional serving both Buyers & Sellers in Charlotte and Lake Norman. If you are looking to buy or sell your home, I will represent your best interest!
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