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The fastest-selling real estate on the market

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Editor's note: The following is a collection of real estate professionals' responses to a real estate-related question.QUESTION: What type of property is selling fastest in your market area? Jonathan Osman Realtor Keller Williams Realty Charlotte, N.C. In the Charlotte area, distressed properties priced below $200,000 and above $700,000 are the fastest sellers in the marketplace. As has been the case for many months, many buyers have been focused on this area, assuming that every seller is in foreclosure (which isn't the case). The homes below $200,000 are popular with landlords, first-time investors and first-time buyers, as some offer a tremendous opportunity with a relatively low investment. Owner-occupant buyers of HUD homes can get into one with an FHA mortgage with just $100 down. The distressed market above $700,000 is really where the best values in all of Charlotte lie, because unlike the distressed market below $200,000, these sellers have significant equit...