Around Lake Keowee this week the clouds are letting loose with a deluge of the wet stuff putting a bit of a damper on the Lake Keowee real estate market. Not in a “buyer’s aren’t looking anymore” way, but more in a “we’re going to get wet while we’re looking, aren’t we” way. The only thing really slowing you buyers down currently is the very real lack of inventory.
Currently we sit at the lowest inventory we’ve had in our 30 plus years of selling Lake Keowee real estate. It’s not that we aren’t getting the listings, it’s that we sell them within days, occasionally hours, of getting them. It’s a good problem to have and certainly a lot better than sitting on 100 listings, but it’s probably just as unhealthy over the long haul. Eventually, the market will have to begin to even out. The question is how even will it become? What will be the new normal (as if there was such a thing)? Will prices ever get down to numbers we experienced during the great recession?
There are a lot of factors that go into the answers to those questions and only someone with a properly functioning crystal ball can give you the true lowdown. The reality is prices will level out then probably go down, but likely not nearly as low as they were during the great recession (I refer to those factors, and this blog won’t be long enough to delve into them deeply – and our crystal ball has the check engine light on).
As of right now what we can say is it’s a great day to be a seller! And we don’t know how long that will last. So, if you have a waterfront property on Lake Keowee, you can probably sell it for more money than when you bought. Let us help you do just that!
29 Essential Tips That Get Homes Sold Fast (And For Top Dollar)
Selling your home is one of the most important steps in your life. Here are 29 essential tips you must know…
For most people, selling their home means cashing in their biggest asset. In other words, it must be handled with great care if you hope to protect – and capitalize on – your investment.
This guide was written with on goal in mind: to give you the tools you need to maximize your profits, maintain control, and reduce the stress that comes with the home selling process.
Tip #12 Remove all traces of you from your home.
When you toured other people’s homes, you may have felt some discomfort. This probably occurred because you saw, heard or otherwise sensed something what made you feel as if you were intruding into someone’s life.
That last thing you want others to feel in visiting your home is that same sense of discomfort. Avoid this by making your home as neutral as possible. Anything that interfer5es with a prospective buyer’s ability to see themselves living in your home must be eliminated. A few carefully chosen knickknacks and family portraits may add warmth and character to the home, too many are a distraction. Avoid unique or trendy color schemes – paint and carpet in neutral shades of white or beige.
More next week….
Check out the Lake Keowee Real Estate numbers for the year