Buyers Say They Want This in their Home’s Kitchen….

Buyers Say They Want This in their Home’s Kitchen….

What do YOU want in YOUR kitchen, and if you don't have it, is it important enough to cause you to move?

Speaking of New Year's Resolutions...

I have taken the marketing plunge into the next step of personal promotion, both for myself and for my Sellers. This was rather fun to do, and I really enjoyed including a couple of my best clients in the process! What do you think?

http://www.youtube.com/watch?v=knm4an-N1cg&feature=share&list=PLV7AamjShE1xCjIe4qlwvLWIdv7HyPOHY

New Year's Resolutions?

Now that we are at the end of January, are you on track with your New Year's Resolutions?

Did you, like many others, decide that this year, for sure, you are going to purchase a home and stop renting?

Oh, yeah. ;)

I know, I know. Fortunately, I have a link to get you started, compliments of CNN Money: The Top 10 Things ou Need to Know When Buying A House. And they are easy to start today!

YTD Sales, Bonneville County Nov 2012

Detached single family residences...does this volume surprise you? More number of homes sold overall than even 2008!

Where do you think we will go from here?

Ten Signs it's Time to Sell Your Home

YES, a couple of these are silly. But a couple might hit it right on the head...

1. The kids have all graduated from college.  You and your husband finally have time to yourselves…then they move back home!
   
2. You have three spare rooms in a four bedroom house.
   
3. You have to shuffle your cars each morning to leave for work.
   
4. You spend more time driving to work than you do with your family.
   
5. You spend more money each month for storage than you do for your mortgage.
   
6. Your neighbor found a loophole in the homeowner's association rules and is raising donkeys.
   
7. You keep hearing faint voices telling you to "get out" and they're getting louder.
   
8. Grandpa Jed just struck oil while hunting in your back yard.
   
9. The dog’s house doubles as a guest room.
   
10. You have to take a number to use the bathroom.

If you would like a FREE, NO OBLIGATION consultation on selling your home, contact me today. And don't forget to ask about my "Hassle-Free Guarantee!"

June 1, 2012 Local Market Stats

Good news! Our local market inventories continue to decline year-over-year. In Bonneville County, the first of June this year saw an overall inventory drop (available properties) of 14%.

Year-to-date through May 31st, we are up in closed units by 19%, and the number of units going pending is up 25%. Our values are holding steady vs. the same period last year, with an average sales price of $144,147.

For May, the number of available properties that were considered "Distressed" (short sales, pre-foreclosure, bank-owned) is holding steady at 12% of all available properties, but the % of closed sales that were distressed properties is down to 27% - down from last year that was fairly steady at 33-38%.

What does all this mean?

• There are fewer homes on the market for buyers to choose from. 
• Older inventory is clearing the market. 
• The bloom has fallen off the rose for many buyers with respect to distressed properties...
• ...about 73% of all sales are traditional sellers, not distressed at all.

It's a great time to sell!

Rates have dropped again lately! Local 30-yr conventional rates are down to 3.625...unbelievable! Refer back to my previous post demonstrating how every 1% in interest rate drop give you an extra 11% in buying power. That mean, if you thought 4.625% was good last year, for the same payment you can now get even more house!

It's a great time to buy!

If you know of someone who would like to buy or sell a home, please contact me today! 208.201.2034

Harmful Effects from Changing the Listing Price?

A colleague of mine share this powerful post summarizing research from a PhD professor at Florida International University and the Editor of the Journal of Housing Research regarding the effects of price changes on listings.


Do you follow your realtor's pricing advice? Will this research effect how you price YOUR home?
 
Harmful Effects from Changing the Listing Price?