As a Buyers Specialist, I know first hand what homebuyers are buying in Charlotte North Carolina. Buyers are looking for good looking deals. Good looking deals seems like a simple concept, but it's hard for many buyers to handle, and even more difficult for sellers to understand. 

Buyers are hearing from countless sources that there are great deals to be had in the real estate market. It's very true - there are great deals out there. Prices are down from last year. But in Charlotte, the price decrease is not constant across all price ranges. If you want a real deal, a buyer should look in the $700,000 and above price range. These properties have seen the most substantial reduction in price. But that's because there's fewer buyers wanting these homes. 

Most buyers are looking in the $200,000 and below range. From Mooresville, NC to Mint Hill, NC that's the properties that are selling in the Charlotte North Carolina area. Therefore, homes in this price range haven't seen a steep decrease in price because this is where the buyers are buying. 

In the $200,000 and below price range, buyers are buying the homes that look the best. When there's plenty to pick from, buyers become choosier, and they should. Furthermore, many buyers are choosing FHA-insured financing because of the low down payment requirement for these loans. FHA requires that the home must be in good condition. 

So the bottom line is that if the home is priced well and looks really good in the Charlotte North Carolina area, buyers will choose it. If the home is flawed and not priced to make a buyer salivate, buyers will move on. Just like a bruised, organic tomato in the produce section of the supermarket, buyers will simply reject it for price and looks.