Football Season Ends; Real Estate Season Kicking Off

 

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Tom Brady and the Patriots win a Super Bowl for the ages. It was Brady’s record fifth Super Bowl win, the biggest comeback in the history of the sport’s biggest game, and the first Super Bowl to ever be decided in overtime. Elias/Getty Images

 

With last night’s epic Super Bowl LI (51) comeback victory by the New England Patriots, Tom Brady’s and Bill Belichick’s statuses as all-time greats are firmly secured.

No individuals have won more championships as a quarterback or as a coach in the history of professional football than these two men.

Now the off-season is upon us and football fans can all look forward to the NFL Scouting Combine in March and the NFL Draft in April.

*Every team and every NFL fan can hit the reset button and restore hope for a Super Bowl run next season.  Truly, the NFL season never ends.

However, just like there is a season for playing and an off-season for preparation in sports, the same can be said for the real estate market.

There is not a true off-season in our profession, but there are distinct real estate seasons, some of which are busier than others.

In the Carolinas, the regular season for real estate kicks off in early-to-mid March, coinciding with local schools’ Spring Break schedules.

Spring and Summer are the busiest seasons for selling homes as this is often the most convenient time for sellers to put their homes on the market.

March through June are the busiest months, with a summer vacation lull kicking in from July till mid August, then ramping back up into the Fall until Thanksgiving.

Late Fall through Winter are slower times for the market, but just like in sports, “championships” are often won in the off-season.

When homes for sale are priced right and in great showing condition, they can sell quickly in what is usually the slowest time of the year.

Winter sellers face less competition from other homes for sale and buyers get to work with motivated sellers, which can be a win-win for both parties.

Currently, we are in the pre-season of the real estate market  in the Charlotte area.

We are starting to see more activity in certain segments of the market, whereas other segments seem to be waiting a bit longer to get in the ball game.

For example, in Waxhaw, NC there is a decided lack of inventory in the $200,000 – $300,000 price range which typically moves very quickly.

However, new homes are consistently coming to market in the most affordable price range of the luxury market spectrum with homes listed for sale in the $400,000s to $600,000s.

It can be argued that this is despite or because of heavy competition from new construction in this price range.

As REALTORS, the off-season and pre-season are times to prepare for the busier times of the year, to recover from a busy and profitable 2016, and to lace up our boots and be prepared to take the field at a moment’s notice.

If we aren’t already busy, we are about to become busy very soon.

To quote John Fogerty, “Put me in Coach, I’m ready to play!”

*As long as your team is not the Cleveland Browns.


If you are planning to get in the real estate game as a home buyer or home seller in the next 3-6 months, or if your needs are more urgent, now is the time to begin “the process.”

I am here to answer any questions you have and to help you develop a winning game plan for your 2017 real estate goals, whether you hope to become a first-time homeowner or if you are an experienced mover with plans to sell your home and buy something new.

For buyers, the process begins with loan qualification, listing needs, wants, and desires, and creating a preliminary search in MLS.

For sellers, it’s tackling home improvement projects ranging from touch-ups to upgrades, preparing your home for showings, and consulting with an experienced REALTOR to determine your homes approximate value in the real estate market.

Contact me today via phone or email to schedule an appointment to develop your winning formula for your very own real estate championship game.


About the Author:

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Jimmy Grappone, Real Estate Advisor

Jimmy Grappone is a Real Estate Advisor with Engel & Völkers South Charlotte.

Jimmy and his team specialize in properly positioning and marketing high end and distinctive homes for sale in Union County & South Charlotte, North Carolina and Fort Mill & Indian Land, South Carolina.

Visit jimmy online at JimmyGrappone.com for links to Charlotte area schools, communities, news & events, and contact him by phone, text, or email to schedule an appointment or to request information.

Jimmy lives in Waxhaw, North Carolina with his wife and 4-year old hound / terrier mix and he is President of the Waxhaw Business Association.

Jimmy and his team actively represent buyers and sellers in North Carolina and South Carolina and are fully licensed in both states.

Jimmy Grappone – 980.298.9385 – Jimmy.Grappone@EVUSA.com

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