"Normal" sellers face headwinds

Feb 16th 2012

Posted By: Tim Rogers @ 11:28am In: Raw Realty Commentary
Tags: charleston real estate guide, charleston sc short sale, charleston real estate trends, housing crises to end 2012, sewe 2012 bus shed party, mount pleasant homes, sewe 2012 charleston, charleston housing market

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"Non Traditional Sellers" are Now the Main generator of Property under contract to SELL

As of this week The Charleston Trident MLS reported 2060 residential properties as under contract (Contingent or Pending)

63.4 % of this number was listed either as SHORT SALE, BANK / LENDER OWNED OR NEW CONSTRUCTION.

The Traditional seller is now the minority player. If you have a home to sell, and want to sell it, make sure you are aware of your competition and price the home to move. This is not the market to hold on to previous opinions of value. Prices are showing some signs of stabilzing but appreciation is years away. IF you WANT to and you CAN now is a great time to sell. Many of the short sales currently under contract will not close as they are being improperly handled OR they do not qualify for a short sale.

See the article from my linkedin page I comment on from DS news about the "housing crises" AND an article from local paper on housing trends from February 16, 2012

Two different articles, the point is the same. IF you can, now is the time to sell. Look to our experience and track record for help

Tim Rogers 843-412-2221.com

Have a GREAT SEWE Weekend !

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