Tag Archives: Charlotte

Can pending home sales in the Northeastern U. S. impact our market?

 

Tuesday, June 2, 2009, 11:00am EDT  |  Modified: Tuesday, June 2, 2009, 5:30pm                     

Lower prices and attractive mortgage rates are breathing new life into housing, with one measure of sales posting its fourth increase in the last five months reports the Washington Business Journal’s staff reporter Jeff Clabaugh.

Pending sales of existing homes, or contracts signed but not closed, rose 6.7 percent in April, according to the National Association of Realtors. April’s pending sales were up 3.2 percent from a year ago, the NAR says.

The biggest increase in April was in the Northeast, where pending sales jumped 32.6 percent from the previous month. 

This is great news for our real estate market because many of the folks who have already relocated to the Charlotte area from the Northeast areas where pending sales bring promise of closure are renting and will soon be free to move forward in the purchase of their Charlotte home, added Chrystal Safari of Peters & Associates, Inc.

The NAR’s pending home sales index is a forward looking gauge, and the group cautions that it is more volatile than actual closed sales.

“The relationship between contracts on pending home sales and closings on existing home sales is taking longer than in the past for several reasons,” says NAR chief economist Lawrence Yun. “Mortgage processing time has increased, it is taking many months to close on those homes requiring short sales with lender approval, and some sales are falling through at the last moment.”

Still, Yun says he believes the housing market has already bottomed out in some areas.

The group last week reported closed sales of existing homes rose 2.9 percent in April.

The NAR’s housing affordability index was also at its second-highest level on record in April.

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Chrystal Safari has over 15 years experience in personal property management and residential real estate sales and is a Luxury Home Specialist and licensed REALTOR® in North and South Carolina.  As a MASTERS Designation holder, she is a specialist in New Construction, Finance, Marketing, Objection Handling, Relocation, Technology, and is a multi-million dollar producer.  Chrystal is a member in good standing of the Charlotte Regional Association of REALTORS®, North Carolina Association of REALTORS®, and National Association of REALTORS®.

Your Rich Uncle Sam Wants to Give You $8,000!*

IRS.Gov reports that for 2009 owner occupant home purchases, the American Recovery and Reinvestment Act of 2009 expanded the first-time homebuyer credit by increasing the credit amount to $8,000 for purchases made in 2009 before Dec. 1, 2009.

A first-time home buyer is one who has not owned a home in the last three years.

*For home purchased in 2009, the credit does not have to be paid back unless the home ceases to be the taxpayer’s main residence within a three-year period following the purchase.

First-time homebuyers who purchase a home in 2009 can claim the credit on either a 2008 tax return, due April 15, 2009, or a 2009 tax return, due April 15, 2010. The credit may not be claimed before the closing date. But, if the closing occurs after April 15, 2009, a taxpayer can still claim it on a 2008 tax return by requesting an extension of time to file or by filing an amended return. News release 2009-27 has more information on these options.

 The IRS reminds taxpayers the amount of the credit begins to phase out for taxpayers whose modified adjusted gross income is more than $75,000, or $150,000 for joint filers. Taxpayers can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.

For more information on the tax credit, visit here: http://www.irs.gov/newsroom/article/0,,id=204671,00.html

For more information on property listings that meet your real estate needs, call me at 704.562.1030.  I’ll get an idea of your big picture and send emailed property listings that meet your criteria and introduce you to a lending officer who can guide you through pre-qulaifying and credit repair, if needed. 

Rates are low, list prices are low, and inventory is high.  It’s a great time to buy low for future increased home equity when the market recovers.

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A Charlotte area native, and licensed in NC & SC, Chrystal is very experienced with international relocation, home buying and selling and with rental portfolio development and holds MASTERS Designation specializing in New Construction, Finance, Marketing, Objection Handling, Relocation, and Technology and is a member in good standing with Charlotte Regional Association of REALTORS®, North Carolina Association of REALTORS® and National Association of REALTORS®

N.C. foreclosures fall 42% in 1Q

Thursday, April 16, 2009, 9:48am EDT

According to data from RealtyTrac Inc., the state had 5,988 foreclosures in the latest quarter, with one in every 689 homeowners receiving a default notice, auction-sale notice or bank-repossession filing.  North Carolina ranked 36th in the nation for foreclosure filings in the latest quarter.  Nevada, Arizona and California posted the top foreclosure rates.  Foreclosure filings in North Carolina fell 40 percent in March from the same period last year. Filings were down 3 percent last month from February. 

Across the country, foreclosure filings rose 24 percent in the first quarter from a year ago. There were 803,489 foreclosure filings, which affected one in every 159 U.S. households. Filings rose 46 percent in March from a year ago and 17 percent from February. Irvine, Calif.-based RealtyTrac tracks default notices, auction-sale notices and bank repossessions.

Its figures exceed those compiled by the N.C. Commissioner of Banks. The company counts every foreclosure filing, including multiple filings for a single household, while the commissioner counts each household only once, regardless of the number of filings it receives.

Rates are low, listings high, prices slashed.  Now is the time to make your move to buy low and sell high, when the market recovers.  Call me to discuss your big picture and for a full listing of foreclosed homes that meet your criteria.  704.562.1030/800.243.6670 x 110

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Living, playing, and working in south Charlotte for over 27 years, and with over 14 years experience in the real estate field as an investor and Luxury Home Specialist, I have the knowledge, experience and discretion you need to maximize your return on investment whether for your personal home, investment portfolio, or small business property.  Contact me at Chrystal.Safari@gmail.com

Meet Me at Montreux

 Montreux Old World Estates Luxury Living means

Leaving the world behind…As the drive home takes you to a world away… Nestled among the hardwoods and evergreens.

Rivaling Old World Europe, the craftsmanship of your estate home is an unparalleled destination, personally handcrafted by the area’s finest builders. 

Imagine your home, tailor-made and filled with fine features not found in similar homes including custom French Traditional, European Manor and Tuscan Villa  Architectural Design, 10 – 12 foot ceilings, 9 foot doors, exquisite paneled libraries, unique faux paint finishes, copper and beam ceilings, glazed or alder wood soft-close cabinetry, professional series appliances, double wall ovens, microwave drawers, warming drawers, wine or beverage coolers in the butler’s pantry and media rooms, furniture finish doors, elegant barrel ceilings, double balconies, dramatic curved stairways, card room with fireplace that adjoins the billiard room, media rooms with wet bar. 

Create lasting and impressive memories entertaining friends and family in your outdoor scapes with full outdoor Viking kitchen and outdoor fireplace on the covered veranda that rival indoor living spaces, or just get away on your own to enjoy the tranquility of the moment and of nature.

Five Fully Custom Model Homes are available for sale and preview.

Experience the outdoors and discover your neighbors at the stately Montreux Tea  House and picturesque waterfall as you mingle and enjoy tranquil moments among the fragrant, colorful gardens and panoramic views amid gas lantern lit streets.

Membership is included!  As a gift to buyers, initiation to membership for nearby Tim Wilkinson Sports Complex Swim and Fitness is yours.  More is available at your command, including tennis classes and private lessons by Tim.  The Family Fitness Center is loaded with state of the art computerized Cardio Equipment, Weight Machines, and Free Weights.  A knowledgeable, certified staff offers Personal Training and Nutritional Consultation as well as  yoga, Pilates, and aerobics for all ages and fitness levels. 
 
A nationally recognized Tae Kwon Do School is available for all ages to hone self-confidence and self-discipline.
 
The Junior Olympic Swimming Pool, and a child-friendly beach entry pool is  topped  off  with  a  double  enclosed waterslide and poolside cafes.

Hot Tubs, Saunas, and Steam Rooms complete the pampering experience.
Shopping, recreation, places of worship, public and private schools, and acclaimed medical care are just moments away.

Allow me to introduce you to our fine Builder’s Guild who will detail your custom home stone by stone to bring your vision to fruition.

All Lots Released ~ Select Your Prime Lot Today.  Register to receive periodic updates and more info on Montreux at: Chrystal.Safari@gmail.com

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Living, playing, and working in south Charlotte for over 27 years, and with over 14 years experience in the real estate field as an investor and Luxury Home Specialist, I have the knowledge, experience and discretion you need to maximize your return on investment whether for your personal home, investment portfolio, or small business property.  Contact me at Chrystal.Safari@gmail.com

CHRYSTAL SAFARI NAMED COMMUNITY MANAGER OF MONTREUX OLD WORLD ESTATES

 Montreux is a custom home community focused on tree save areas and outdoor living, located in South Charlotte off Youngblood Road near The Palisades.

 

 Montreux’s features and amenities include 80 heavily wooded lots ranging from a half acre to nearly 1.5 acres, old world architecture, a rustic tea house and refreshing waterfall for community gathering, with membership privileges to The Palisades Swim and Fitness, Social and Golf Level Clubs, minutes from Lake Wylie access, affordable county-only taxes, and only 20 minutes from downtown Charlotte.

 

A builders’ guild of the twelve award winning builders includes Persis-Nova, Avalon, Jordan James, Arcadia, Monogram Building and Design, among others.

 

The Welcome Center, a Troy Ludemann Group custom home, won the 2008 Parade of Homes Best Feature for its stately De Santana Stone fireplace in the family gathering room.  Four other model homes are ready for viewing and are available for sale.  The architecture features hipped roofs, stacked stone and hard coat stucco, with Tudor and Tuscan details.  John VanBrouck’s European Manor and Tuscan Villa collections preserve the old world appeal of the neighborhood of hardwoods and gently rolling hills.

 

As community manager, Chrystal manages a full-time sales staff, coordinates events on site, as well as coordinates communication between the strategic merchant partners, builders, developers, and buyers. 

 

For more information on Montreux Old World Estates, contact Chrystal Safari or visit MontreuxNC.com

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About Chrystal Safari:

 

 Chrystal Safari has over 15 years experience in personal property management and residential real estate sales and is a Luxury Home Specialist and licensed REALTOR® in North and South Carolina.  As a MASTERS Designation holder, she is a specialist in New Construction, Finance, Marketing, Objection Handling, Relocation, Technology, and is a multi-million dollar producer.  Chrystal is a member in good standing of the Charlotte Regional Association of REALTORS®, North Carolina Association of REALTORS®, and National Association of REALTORS®.

 

                                                                                        

CONTACT:

Chrystal Safari
5020 Oxfordshire Drive
Waxhaw, NC 28173

704.562.1030
CSafari@YourLeaderInLuxury.com

Real Estate 101

As MASTERS Designation holder, representing specialties in New Construction, Finance, Marketing, Objection Handling, Relocation, and Technology, I can help you navigate the home buying and selling strategies in today’s unique market and strengthen the bottom line performance of your transaction.

Many REALTORS® will not meet with you until you have signed an agency relationship contract and have a pre-approval from a lender.  I understand that each and every introduction of myself as real estate broker/REALTOR® is a mini job interview.  Before I can be hired, we both need to know if I am a good fit for your objectives.  To complete that process, I provide what I call Real Estate 101. 

I meet with you by phone or at my office to discuss your big picture, to get an idea of your time line and ultimate goals. If you are a prospective seller, I visit your home to discuss the details of the market specific to your neighborhood and inspect your property. 

If you are a prospective buyer, I meet with you at my office to begin an introductory tour of the city, including highlights of the city and Greater Charlotte Area, especially neighborhoods important to you.

If we both decide I am a good fit for your mission, the next time we meet will be over that agency relationship contract and pre-approval letter from your lender.

Contact me to discuss your big picture, including:

  • Time line to sell or purchase
  • Priorities regarding seller’s net performance and move date
  • Priorities regarding buyer’s housing type, price range or special needs
  • Guidelines you desire for communities, schools, shopping, location, lifestyle, family needs

If you’re in, or thinking of relocating to or away from, the Greater Charlotte area, contact me for Real Estate 101 at Chrystal.Safari@gmail.com

Complimentary Initial Consultation
Limited to 1 hour

 

Consistent     Reliable     Loyal

 

 

 

 

Ways to Make Your Home Sell Faster and For More Money

In addition to right pricing, condition, condition, condition is the watch-word for selling a home faster and for more money.  Simple fixes and staging practices can focus buyers’ attention in the right places and keep them from getting sidetracked by personal items in the home.

  

 

Remember, you are preparing your home to become a product for market; one that appeals to the broadest market.  Don’t feel offended that your REALTOR® insists your coveted widget collection is stored, away from view.  How your live in your home and how you prepare and keep it market-ready are very different.  The 10 minute rule applies: if you (or the kids) can’t put it away in ten minutes, reevaluate whether you must take it out.

   

 

The front yard and door are the buyer’s first impression of your product.  If buyers won’t leave the car, you can’t make the sale.  Clean the gutters, paint the front door, pull weeds and spent flowers, polish the hardware, and power-wash walkways and siding.

 

Be prepared for a white glove inspection. Prospective buyers pull open drawers, look in closets and peek behind the shower curtain, and inspect the oven. Mop, dust, vacuum, clean baseboards, wash windows. Make sure the house looks fresh and smells neutral.

 

Remove furniture that makes rooms feel crowded or décor that will distract buyers from your home’s architectural features.  

 

 

Use furnishings to give each space a logical identity.  If it worked best for your family to use your formal dining room as a home office, get rid of the desk and computer, and bring back the dining table and chairs.

 

 

Eliminate countertop clutter. A countertop covered with small appliances and utensils looks crowded, not spacious. Store personal items, including toiletries; stash family photos and team and religious memorabilia.  Make the place look suitcase ready.

 

 

Dripping faucets, burned-out light bulbs, and squeaking hinges become a distraction and can falsely magnify a home’s need for routine care and maintenance and tend to make the buyer question the condition of other items that can’t be seen, such as the HVAC, roof, and other expensive items.

  

  

The buyer is mentally subtracting thousands of dollars from your list price with every flaw he sees.

 

 

Finally, ask yourself, “Is this property’s condition what I would like to see when I go house hunting this afternoon?”

 

For a checklist on how to prepare your home for market, or a list of preferred and proven vendors, email your request to: chrystal.safari@gmail.com

 

 

Consistent               Reliable               Loyal