New Listing: 11534 Water Flower Lane Charlotte, NC. 28262

Looking for a great family home in an established neighborhood? Look no further...This 3 bedroom and 2.5 bathrooms home at 11534 Water Flower lane in Charlotte, NC. Located in the university area and part of Houston Farms Subdivision is the home. Priced to sell at only $129,900 this home situated on a cul de sac lot features many updates from the sellers and the pride of ownership shows throughout the whole house. As you pull up the dead end road to the end of the cul de sac you notice the quiet peaceful tranquility this home gives you by being tucked away in the back part of the neighborhood. A rocking chair front porch welcomes you to this southern charm. Upon entering the house you are immediately greeted by the beautiful newer laminate flooring throughout the living room and dining area of the downstairs....The professional workmanship and care done to the floors shows. The living room is a long rectangular room situated across the whole left side of the house....This room is large enough to handle most homes furnishings and not feel tight or cramped. The wood burning fireplace is a great place to spend cool winter evenings together as a family.... Across from the living room is the large dining room that has enough space to comfortably sit eight people. And it gives easy access to the updated and modern kitchen. The kitchen is the crown jewel of the downstairs. From the Italian tile floors to the customized design incorporated into the flooring to the oversized walk in pantry there is not much to not like about the kitchen. Butcher block countertops adorn the new and improved kitchen and new cabinets from IKEA add some nice fresh look to the room. In addition to the stainless steel appliances that all convey with the house as well. But off the kitchen is a nice eat in breakfast area as well overlooking the massive tree lined fenced back yard.... Go upstairs and you have a large master bedroom that greets you to the left with a cathedral ceiling in it and his and her closets. The open and expansive space in the master bedroom allows for much different uses as well.... the master bath features a garden soaking tub as well. The two spare bedrooms upstairs are both very good sized as well and offer plenty of space for the children or guests staying over..... The seller greatest pride in this home though comes from the deck. This is a 30x30 two tiered deck on the rear of the house. It is massive and the best place for entertaining guests or family gets together. The deck also features a hot tub which will convey with the house as well. Outside of the great features the house has; the sellers replaced the roof on the house three years ago, brand new heating and A/C system two years ago and last year a brand new water heater was installed. So, they have maintained the house and unfortunately have outgrown it... Come see why they chose the University area of charlotte to live and why so many families love living in that area as well.... Dave diCecco Realtor/Broker Coldwell Banker United www.davedicecco.com

Is Selling Your Charlotte, NC. Area Home in 2013 Easier?

For the past few years all that homeowners in the Charlotte, NC. area have been hearing is that selling their home is going to take a longer than average process in the Charlotte, NC. area. Since the first of the year that tone is starting to change. We have seen a dramatic drop in available inventory of homes and lesser and lesser short sales and foreclosures hitting the market. The average inventory levels right now are in favor of a balanced market (inventory being at 6 month supply). Not one that favors sellers or buyers. However; as inventory levels have decreased so drastically, so quickly that prices have not increased in correlation. So, right now we are looking at an adjustment in prices to catch up to the inventory levels. While this is happening sellers are receiving multiple offers on their homes and getting over in most cases what they are asking for their homes. What this is doing is adjusting the market. Soon we will be back at a balanced market and prices will stabilize…. So, how does this bode for a seller in today's market? Buyers are starting to hit the panic button slightly and offer asking price or very close to it in order to ensure they get the house they want with their initial offer. Just in January and February already I sold five of my listings; and all of them sold at asking price or above. Buyers I have taken out have gotten into multiple offer situations and have submitted prices over the asking price to still lose out on some of them. It does not mean that if you have a home in the Charlotte, NC. area that you should price the home over the value substantially in this market....it will sit. People are paying a little more for a home but are not paying more than 10% to 15% over what the average has been in the past 3 months based on the trends. But a home that is priced right and ready to sell and marketed properly will entertain offers quickly and will sell fast... You still need to make sure the house is ready to sell and shows well and your realtor is marketing it properly to ensure it will sell.... Dave diCecco Realtor/Broker Coldwell Banker United www.davedicecco.com

Is The Housing Market In Charlotte, NC. Shifting Toward Sellers?

A question every Realtor seems to be asking themselves this day in the Charlotte, NC. region is has the housing market is shifting away from the buyers and back to the sellers? The data seems to support that fact that I think we are now moving toward a balanced market. Inventory levels are at the lowest they have been in three years. In fact from last year through February available homes for sale are down 36% in the Charlotte, NC. area. and down almost 50% form two years ago. no matter how you look at it that is a huge reduction of available homes in a short period of time..... There are signs that you know the market is shifting one way or the other. One is the availability of inventory. I sent a couple of buyers homes that fit their criteria. One of the buyers said to me after looking over the list and deciding which ones she liked; she sent it to her husband who said all but one of the five homes you liked is still available. The reason for that is there is a scarcity of inventory right now....We actually have more buyers than we do homes available for them to buy. Another sign is the pricing of homes. I have noticed that house prices are going up and appraisals are coming in at higher numbers based on the lack of inventory out there. House prices are being driven up by multiple offers on homes. I had two homes in the past two weeks that went on the market. One was priced under $100,000 and the other one was over $200,000. So I am covering two different price points of Charlotte, NC. real estate market. Both homes went under contract in less than a week and both received multiple offers and sold for over asking price. In fact one had 15 offers and the other had 7 offers on it...... If you are thinking of buying a home or selling a home in the Charlotte NC. area now may be the optimal time to get in. Sellers are moving homes quickly and buyers are still getting good rates and fair deals.... Dave diCecco Realtor/Broker Coldwell Banker United www.davedicecco.com