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Wilmington : Real Estate Advice

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  • Home Buying3
  • Home Selling1
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Activity 3
Mon Oct 29, 2012
spring asked:
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Tue Jul 14, 2009
Kristi Rapson answered:
Just curious - what is the condition of your home? To get it sold, your home should be in the best condition at the lowest price in the area. Put yourself in the buyer's shoes...at what price would YOU go "no way! this house is only $x-dollars?!" That's the point at which buyers jump on a house and you could end up with several offers. Good luck! ... more
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Tue Aug 7, 2007
Cathi Weaver answered:
Hi Bonnie,

In general, homes are still selling. Some are not moving as well which could be due to a variety of factors such as price, location, etc.

Property is still selling as well, but again it depends on those factors.

I did a quick search in Wilmington and there are 72 pieces of land on the market with 5 of them pending right now. In the last 3 months 2 properties have closed and an additional 4 in the 3 months prior to that. So, in Wilmington, the velocity (those on the market compared to pending and closed) does not look good for land sales.

That being said, someone could have a lot in a desirable location, priced right and it could sell quickly. I do have to say though, if you don't NEED to sell, don't put it on the market right now.

If you need a Realtor in your area to help you determine if selling is right for you at this time, feel free to contact me and I can link you up with one.

Cathi Weaver
... more
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