Monthly Archives: June 2010

Another Don Anthony Realty home for sale that’s now Under Contract! This one is on Almost 2 Acres in Statesville, NC!                  

New Don Anthony Realty home for sale in Mallard Lake in Charlotte, NC ! 6 beds, 5 baths for $289,900! Gorgeous 3 Story Home With Large Bonus Room And 6th Bedroom With Full Bath On Top Level! Kitchen With Granite, 42-Inch Cabinets, Large Island, Backsplash, Microwave And Fridge. Open Floor Plan And 2 Story Great Room With Gas-Log Fireplace. Hardwood Floors And Upgraded, New Carpet. Professionally Painted Neutral Colors And Additional Moldings. Oversized Master With Sitting Area, Dual Vanities, Garden Tub, And Walk In Closet.

New Don Anthony Realty home for sale in Brookstone in Charlotte, NC! 4 beds, 2.5 baths for $259,900! Updated With A New Roof, HVAC, Water Heater And Masonite Sidings. Big Screened Porch With Adjacent Deck Overlooks The Beautiful Backyard Lined With Mature Trees! Gourmet Kitchen Has Stainless Steel Appliances, Jenn-Air Cook top, Tile Backsplash, Double Ovens And Silestone Countertop. Custom Makeover In Master Bath With Gorgeous Tile Work And Whirlpool Tub. Bonus Room And Garage Has Addition Storage Area. Home Warranty Just Renewed.

Charlotte Region Foreclosures Still Coming, but Overall Inventory Still Low

This morning I checked out www.CharlotteObserver.com, and one of the articles caught my eye.  It was entitled “’Steal a mansion’ at foreclosure auctions”.  The article describes how some buyers are getting some great deals relative to what the property used to be worth when they are buying at a foreclosure auction.  Though an auction is certainly not for everyone depending on the buyers’ level of experience with auctions and their knowledge of the true market value of the property they are bidding on, auctions can certainly provide an opportunity for savvy buyers.

We are still seeing a lot of foreclosures and short sales on the Multiple Listing Service (MLS) as well.  Since most foreclosures end up going back to the bank, many of those homes come on the market at a reduced price listed with a real estate agent.  This weekend we showed one of our clients a foreclosed condo located in Uptown Charlotte that is now listed for $219,000.  That same condo sold for $455,000 in December 2005.

Despite the continued presence of foreclosures and short sales, buyers are beginning to recognize that the huge glut of inventory that used to be on the market is no longer there.  Inventory levels have dropped significantly since the same time last year (see my recent market report) causing many slower buyers to miss out on the home they want or a bargain deal when they don’t move fast enough.  Some of our sellers are seeing multiple offers again or buyers will place an offer on a home just after the Seller accepts a contract.

If you are thinking of buying a foreclosure, know that they are still available.  More foreclosures appear to be on their way as well.  As many foreclosures are priced to sell quickly, you need to move fast.  If you are thinking of selling a home, now is a good time to put your home on the MLS.  With inventory at a low level and many buyers not wanting to deal with the potential hassles of a foreclosure, having a home in good condition and price well will put you at an advantage over your competition. 

– Don

Photo from: Flickr Respres

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Don is the Owner and Broker of Don Anthony Realty.  Over the last two years, Don sold more homes than 99.3% of the real estate agents in the Charlotte Region, while saving those clients thousands.  He has perfected a low cost yet full-service home-selling program that is revolutionizing the way people get their homes sold.  His hybrid approach and Flat Fee MLS Listing Service combines the best of a Discount Realtor and Full-Commission real estate agent with the freedom of a For Sale By Owner (FSBO).  For more information please visit our website, www.DonAnthonyRealty.com.  

Don Anthony Realty helps clients buy and sell real estate in the entire Charlotte, NC Metro Region.  Counties served include Mecklenburg, Union, Cabarrus, Iredell, Lincoln, Gaston, Rowan, Catawba, and Alexander Counties in NC as well as York, Chester, and Lancaster Counties in SC.  Some of the cities served include Charlotte, Huntersville, Mooresville, Matthews, Concord, Weddington, Wesley Chapel, Waxhaw, Monroe, Marshville, Pineville, Gastonia, Cramerton, Belmont, Statesville, Hickory, Claremont, Kannapolis, Salisbury, Union Grove, Lincolnton, Mount Holly, Fort Mill, Tega Cay, Rock Hill, York, Clover, Catawba, Indian Trail, Mint Hill, Davidson, Sherrills Ford, Cornelius, Troutman, Harrisburg, Midland, Mt Pleasant, Terrell, Crouse, Wingate, Maiden, Denver, Lancaster, Stanley, Dallas, Newton, Cherryville, China Grove, Indian Land, and Chester

Another Don Anthony Realty home for sale that’s now Under Contract! This one is in Rocky Ridge in Charlotte, NC!                  

Whether you are selling your home For Sale By Owner or using a real estate agent in Charlotte, it’s always a good idea to get a feel for the market.  I’ve created a short video based on the Charlotte Region MLS statistics for May 2010 that came out yesterday.

In general, the inventory has gone down dramatically over the past few months, primarily due to all the homes being sold with fewer and fewer homeowners choosing to put their home on the market.  The tax credit that expired at the end of April proved to be very effective in stimulating sales as the number of pending contracts rose dramatically in April.  With such an increase in April, it’s no wonder that the pending contracts dropped in May.  As many homes that were under contract for the tax credit actually closed in May, it reduced the amount of inventory to below 2008 levels.  This is good news for Sellers, as there is much less competition than there has been in a couple of years.  With buyers still out there and less inventory available, this makes it a good time to put your home on the market!

Please take a look at the video below for additional information…

As always, if you have any additional questions or I can be of any assistance, please don’t hesitate to contact me.

Thanks,

– Don
Owner/Broker
Don Anthony Realty
www.DonAnthonyRealty.com

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Don is the Owner and Broker of Don Anthony Realty.  Over the last two years, Don sold more homes than 99.3% of the real estate agents in the Charlotte Region, while saving those clients thousands.  He has perfected a low cost yet full-service home-selling program that is revolutionizing the way people get their homes sold.  His hybrid approach and Flat Fee MLS Listing Service combines the best of a Discount Realtor and Full-Commission real estate agent with the freedom of a For Sale By Owner (FSBO).  For more information please visit our website, www.DonAnthonyRealty.com.  

Don Anthony Realty helps clients buy and sell real estate in the entire Charlotte, NC Metro Region.  Counties served include Mecklenburg, Union, Cabarrus, Iredell, Lincoln, Gaston, Rowan, Catawba, and Alexander Counties in NC as well as York, Chester, and Lancaster Counties in SC.  Some of the cities served include Charlotte, Huntersville, Mooresville, Matthews, Concord, Weddington, Wesley Chapel, Waxhaw, Monroe, Marshville, Pineville, Gastonia, Cramerton, Belmont, Statesville, Hickory, Claremont, Kannapolis, Salisbury, Union Grove, Lincolnton, Mount Holly, Fort Mill, Tega Cay, Rock Hill, York, Clover, Catawba, Indian Trail, Mint Hill, Davidson, Sherrills Ford, Cornelius, Troutman, Harrisburg, Midland, Mt Pleasant, Terrell, Crouse, Wingate, Maiden, Denver, Lancaster, Stanley, Dallas, Newton, Cherryville, China Grove, Indian Land, and Chester

New Don Anthony Realty home for sale On 7+ Acres in China Grove, NC! 3 beds, 2 baths for $210,000! Enjoy The Quiet, Peacefulness! Country Home On Over 7 Wooded Acres. In-ground Pool With New Liner. Creek On Property Has Crystal Clear Water & Sandy Bottom! Hardwood Floors Thru-out. Updated Baths. Large Living Room And Also Big Den. Bright, Sunny Dining Room. Rocking Chair Front Porch And Side Screen Porch. Whole House Attic Fan. Original Moldings. Insulated Windows. Newer Roof. 1 Year Warranty Included.

New Don Anthony Realty home for Lease in Scots Hill in Charlotte, NC! 2 beds, 2.5 baths for $1,000! Nice End Unit In Sought-After Ballantyne! Large Bright Kitchen W/Breakfast Bar & Upgraded Cabinets Opens To Living. New Carpet. Walk-Out Balcony Off Upstairs Bedrm Or Rocking Chair Front Porch. Patio W/Storage Unit. Low Maintenance. GREAT LOCATION!