Market Conditions in 08048>Question Details

Nichole, Home Seller in Lumberton, NC

When should I resell my Lumberton Nj ( Maple Grove ) home? We brought it a year ago._

Asked by Nichole, Lumberton, NC Mon Jun 16, 2008

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5
Hi Nicole,

I'm not sure exactly what your question is, are you curious as to the best time of the year to sell a home? If that is the question, I would say right now. Maple Grove is a community of mostly 4 bedroom colonials and I would guess that a family with children would be probable buyers for your home. Most families with children try to relocate over the summer before the new school year starts.

Since your purchase was just a year ago, it is difficult to say whether you will net any profit or be able to break even or possibly lose money. Your first step would be to have a Comparative Market Analysis done for your particular home. In order to get accurate data, you would want a Realtor to view your home. To just look at raw statistics will not be helpful for you since some of the homes in Maple Grove have had additions done, have been updated, or are in totally original condition. You really need to call a Realtor.

If I can be of any further help to you, please don't hesitate to contact me personally.

Good luck,
Rosanne Gentile
Broker - Sales Associate
Weichert, Realtors - Moorestown
856 235-1950 x 140
609 680-8490 cell
1 vote Thank Flag Link Wed Jun 18, 2008
Nicole,
I service Burlington County. Do you want to resell? or Do you need to resell? Are you thinking of terms of when is the best time during the year? or Are you thinking of when the market will turn around? Values in Lumberton are holding steady. Lumberton has one of the lowest tax rates in Burlington. Folks in North Jersey are finding comparably good deals in towns. Should you sell or not really depends on your goals and needs. If you would like to know current market values I can send you a detailed market report.

Best Regards,

Jeremy S. Hill, Realtor Associate
Keller Williams Realty
jeremyhill@kw.com
http://www.southnewjerseyhomes.com
1814 Route 70 East
Cherry Hill, NJ 08003
Office: 856.685.1651
Fax: 856.321.1414
Direct: 609.876.5817
"Your Interest 1st Always!"
1 vote Thank Flag Link Tue Jun 17, 2008
Hi Nichole, Every market is different, but most have declined from a year ago. If your life is taking you in a direction that causes you to need to sell, then price it properly and be on your way. If you have the flexiblity to stay put, then settle in, enjoy your home and wait it out. The days of buying property for short term gain are over in my opinion. Hopefully you bought your home as a place to live rather than a one year speculation play.

In terms of treatment of gain or loss and how it affects your particular financial position, this will be a good question for a financial advisor.

You can find me online at http://www.feenick.com Please do not hesitate to reach out to me if I can be of further assistance.

Best,
Jeannie Feenick
Weichert Realtors
http://www.feenick.com
Web Reference: http://www.feenick.com
1 vote Thank Flag Link Tue Jun 17, 2008
Hi Nichole,
I'm currently a Lumberton resident and would be happy to answer any concerns or questions you might have about the current market in Lumberton. When you have a chance please give me a call, have a wonderful day.

Heather F. Davidson Broker Associate, RE/MAX Tri County
Office: 609-587-9300 x1436
Mobile: 609-209-7581
Fax: 609-249-8903
Email: heather@heatherfdavidson.com
Website: http://www.heatherfdavidson.com
0 votes Thank Flag Link Mon Sep 22, 2014
It's all about your needs. My wife and I moved here a year ago from Dallas due to my new job and we lost 8K on our home. We had lived there for almost 2 years and the market was beginning to dip. This was not going to stop me from moving. I would think long and hard about what your goals are and then write it all down. Make the move based on your future needs. You do not want regrets. Go to our website to see complete MLS info about your neighborhood http://teamsenter.com/home.asp Fill out the neighborhood market report and you will see info straight from the MLS. This will give you an idea of homes pending, sold, and listed in your neighborhood.

Hope this helps.
0 votes Thank Flag Link Sat Aug 16, 2008
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