As The Market Shifts

A common question that I am always asked from those who know I am a REALTOR is "How is the market doing, is it picking up any?" I can guarantee that I will be asked that question multiple times throughout any given week by clients, friends, people whom I run into at Wal-Mart.... pretty much anybody :)

To be quite honest I LOVE it when people ask me this question because most people think that the market in McDowell County is not doing good when in all actuality IT IS! Yes it may not be as great as it was in 2005 or in our "peak years" but the fact of the matter is, is that the market is always changing. It always has, always will. Its the cycle of life :) Things go up and things go down... people just tend to forget about the "down" times when things are "up".

So I decided to do a little research and pull statistics from 2008-2011 to show you the "shift" of the real estate market in McDowell County for residential property sales.

See graph below:

In 2008 there were 170 residential properties that sold. 273 New listings. 62% of market sold
In 2009 there were 164 residential properties that sold. 424 New listings. 39% of market sold
In 2010 there were 193 residential properties that sold. 464 New listings.  42% of market sold
In 2011 there were 193 residential properties that sold. 396 New listings. 49% of market sold

***(Info gathered solely from McDowell MLS residential property sales)***


When I first did this graph I was taken aback by the decrease of residential properties that sold from 2008 to 2009. We left a "sellers market" and said hello to a "buyers market." Please keep in mind though that this isn't the first time our market has shifted before...and I guarantee it won't be the last either!


As you can see from the 49% of the market that sold just last year, we are slowly moving back up to a more "stable" market.
This my friends is called REAL ESTATE :) It is every changing and full of surprises :) Gotta love it!

Hope you all have a MAGNIFICENT MONDAY and enjoy the beautiful SUNSHINE!!!!

Foreclosure Effects.

I found this great article about the foreclosure effects on sellers  that I wanted to share with you all! As mentioned in this article, alot of sellers today think that foreclosures don't affect them when trying to sell their houses, but unfortunately they DO.

Check out the article below to check out these statistics.                      

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  How the Foreclosure Crisis Costs You Money

  
                         
  
  Foreclosure may seem like someone else’s problem, but when it happens in your neighborhood, it’s going to cost you money, too. Read
  
                                           
                                                                 

                       

Visit houselogic.com for more articles like this.

                             

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

                       

                       

TIPS to Avoiding a Holiday Disaster

Can you believe that Christmas is only TWO days away???? This week has been full of Christmas activities and tonight is our annual ERA Mountain View Properties office Christmas Party. Very excited :)

I know that many of you host Christmas parties at your house throughout the holiday season.... (I am hosting Christmas lunch at my house this year for the FIRST TIME! yay)...so I figured I would share some TIPS with you, courtesy of an article from the North Carolina Association of Realtors, on how to avoid holiday disasters! Hope this helps:

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  5 Holiday Hosting Disasters and How to Avoid Them

  Take a look at the most common things that can go wrong when you have guests and learn how to prevent them. Read

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Wishing Everyone a VERY MERRY CHRISTMAS!         

Exciting News! and a New Listing!

Hey Everyone!

So I know that I haven't been posting much on my blog lately (mainly because I have been too busy to sit down and do it) Where has December gone? Let alone November! I cant believe that Christmas is next week! Oh how time flies.

This  week I have been in Charlotte, NC taking the first 4 classes to obtain my GRI Designation. I have been wanting to start this process for a while and am so glad that I am finally doing it!
For those of you who don't know what a GRI Designation is...it stands for "Graduate of REALTORS Institute" It is one of the highest recognized Realtor Designations and simply just a WEALTH of knowledge.
You can learn more about it by clicking here. NC Association of Realtors
I truly love my job and want to be the best I can be at it! Taking these classes and utilizing the information I learn is going to enable me to provide my clients with TOP NOTCH service. :)

I have 8 more classes to go until I can obtain my designation, hoping to be done by 2012!!! I will share more with you sometime next week on some things that I learned this week. So stay tuned for that!

Anyway on another note..... I took a new listing last week and wanted to share a few photos with you. Its a VERY nice, move in ready home!

See below photos and a brief description :)

Exterior

Spacious Living Room

Updated Kitchen

Bedroom 1

Bedroom 1

BTH

UPGRADES GALORE.... Don't miss out on being the proud owner of this recently remodeled two bedroom one bath home. Some recent upgrades include: new electrical work, plumbing, flooring, siding, replacement windows, heat pump, and SO MUCH MORE! Kitchen offers beautiful cabinetry throughout and spacious eat in kitchen area. Large living area, bedrooms, and bathroom complete this MOVE IN READ HOME!

You can learn more about this listing my clicking here and typing in MLS 12899


Chelsi Mentink Poteat
ERA Mountain View Properties 
Office Number: 828-659-3100

~Peaceful Tranquility~

Sit back and relax with the peaceful surroundings offered with this 3 BR, 2Bath home that sits on .72 acres of a nicely manicured lawn. Exterior features include: large parking area, wrap around porch, air conditioned outbuilding, camper hookup, and ample fruit trees surrounding property. Interior features include: open floor plan, separate laundry area, eat in kitchen, and so much more! Seller providing a ONE YEAR HOME WARRANTY with sale of property! Don't miss out on being the PROUD owner of this HOME.

For more info please email me @ chelsirealestate@yahoo.com


Chelsi Mentink Poteat
ERA Mountain View Properties
Marion, NC
Office: 828-659-3100

First TIme Homebuying Tips

 First-Time Homebuying Tips

Buying a home is a weighty enough decision in general; it can be even more daunting when you’re just starting out. First-time homebuyers have many concerns and face many new experiences. At ERA Mountain View Properties we’re committed to answering these questions and making the process a smooth and stress-free one.

There are many considerations that first-time homebuyers have to take into account – 

THE IMPORTANCE OF FINDING THE RIGHT FINANCING

DETERMINING IF A GIVEN COMMUNITY HAS WHAT YOU ARE LOOKING FOR (IN EVERYTHING FROM SCHOOL SYSTEM TO PUBLIC TRANSPORTATION)

Knowing how to evaluate the condition of a house you're interested in (from its aesthetic value to its structural soundness)

 These are details many of us never even have to think about, but for new homeowners they can make all the difference, and are exactly the ones the professionals at ERA Mountain View Properties are trained to guide you through.

For more information, please feel free to get in touch with me at the email address or phone number below. If you’re ready to take this important step, we can help make sure it’s on the right foot.

Chelsi Poteat

chelsirealestate@yahoo.com

828-460-1879

Tired of just sitting on the fence?