The 1st 30 days of Gwinnett Real Estate is BOOMING
By Rodney Camren
NOW IS THE TIME TO SELL OR BUY before spring really hits the real estate market. Our markets in Gwinnett County are stronger than they have ever been for quite some time. As I write this article there are almost 3,000 active homes for sale in the Gwinnett County communities.
There are an additional 1,121 homes pending sale or under contract and almost 300 homes have sold in Gwinnett County for month of January 2015. This is winter people supposedly the worse time ever to sell or buy a home, clearly not so in this community.
What I have noticed with a lot of buyers is that they think since we have more inventories coming on the market in the spring time that they will wait. That is all well and good except how much will change in pricing before you decide to pull that trigger and what will it cost you in the long run? With you sellers, I know what you are thinking…….if I wait a little longer I will get more for my house. The truth is if you wait a little longer you could be up against a lot more competition and better homes than yours. Do you have upgrades in your kitchen, bathrooms, hvac and roof? Buyers are smarter these days and recognize if you have a home on its last legs they aren’t paying top dollar for it. A bathroom remodel is $10,000. A kitchen you are looking at $25-40k. HVAC another $6k and a roof is an easy $10k. There are pros and cons with every home and pros and cons to each time to list a home or buy a home. It is all supply and demand. RIGHT NOW THERE IS A DEMAND AND NO SUPPLY! THAT’S GOOD! When you do list your home remember it is PRICING, LOCATION & CONDITION. When a Realtor puts a home on the market it really comes down to pricing. The market will not give you what you want unless it is truly there. No one will overpay unless there is value. So before the markets get fast in the next few months consider calling a Realtor TODAY and list or buy a home in FEBRUARY!
To reach Rodney Camren please call (404) 375-1496 or email firstname.lastname@example.org.