Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional!You Need an Expert Guide if You Are Traveling a Dangerous PathThe field of real estate is loaded with land mines; you need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and is ready for you to move into can be … [Read more...]
If Your Home Hasn’t Sold Yet… Check the Price!
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?If your house hasn’t sold, it is probably because of the price.If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market … [Read more...]
3 Tips for Making Your Dream of Buying a Home Come True [INFOGRAPHIC]
Some Highlights:Realtor.com recently shared “5 Habits to Start Now If You Hope to Buy a Home in 2017.”Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it.Living within a budget now will help you save money for down payments and pay down other debts that might be holding you back. … [Read more...]
Millionaire to Millennials: Buy a Home!!
Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is "the single biggest mistake millennials are making" because buying real estate is "an escalator to wealth.”Bach went on to explain:"If millennials don't buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter."In his bestselling book, “The Automatic Millionaire,” Bach does the … [Read more...]
Year-Over-Year Price Appreciation Reaches Double Digits in 5 Price Categories
The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure.Homes priced between $100-250K showed a 20.7% increase year-over-year. This is an impressive increase, showing that November was an excellent month for home sales in this price range.But surprisingly, the 20.7% increase in sales in this range was not the highest percent change achieved, as sales … [Read more...]
Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories
The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure.Homes priced between $100-250K showed a 20.7% increase year-over-year. This is an impressive increase, showing that November was an excellent month for home sales in this price range.But surprisingly, the 20.7% increase in sales in this range was not the highest percent change achieved, as sales … [Read more...]
Inadequate Inventory Driving Prices Up
The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up.Year-over-year inventory levels have dropped each of the last 18 months, as inventory now stands at a 4.0-month supply, well below the 6.0-month supply needed for a ‘normal’ market.The median … [Read more...]
Here’s to a Wonderful 2017!
We hope 2017 is a great year for you, both personally & professionally. … [Read more...]
5 Reasons to Resolve to Hire a Real Estate Professional [INFOGRAPHIC]
Some Highlights:As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team!There are many benefits to using a local professional!Pick a pro who knows your local market and can help you navigate the housing market! … [Read more...]
Start 2017 Off Right… List Your House for Sale
As we are about to bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide that it is smarter to wait until the spring “buyer’s market” to list their house. In the past, that might have made sense. However, this winter is not like recent years.The recent jump in mortgage rates has forced buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! … [Read more...]
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