December 27, 2018 rummy

If you’re a seller who has experienced an expired listing contract. If you’re wondering why others sellers are able to sell their houses successfully and you’re being left out. Or thinking of selling your home and don’t want to end up like the ones mentioned above, then you definitely have to read this. Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when the market is hot, homeowners attempt to set their listing price higher. Their hope is that a motivated buyer will be willing to pay any price for a house…

December 26, 2018 rummy

Some may see it as counter-intuitive to list their homes up for sale in the market this winter. The season actually holds some advantages, these are 5 great reasons to sell. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home. Take advantage of the buyer activity currently in the…

December 4, 2018 rummy

Historically, people prefer to buy their dream houses in spring. Nevertheless, based on reports from our reliable sources, there is a new trend in our seasonal market that many sellers could take advantage of. According to Bank of America’s annual Home Buyer Insights Report, 41% of renters surveyed agree that spring is the best time to buy a home. The surprising result, however, is that when ranking the seasons, winter comes in second at 24%. In many areas of the country, the spring and summer are the most competitive seasons for buyers. Families with children often want to move over…

November 27, 2018 rummy

Although it is a common knowledge that putting your home for sale during the holiday season would prove profitable, there are still few people who are hesitant and could not find a good reason to sell. How about we give you seven (7). Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their new employees in their new positions as soon as possible. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now. You can restrict the showings on your home to the times you want…

November 20, 2018 rummy

Contrary to the majority’s beliefs, homes sold in the third quarter of 2018 has been marked as one of the highest average price gains for years. This is great news for homeowners who are yet to take advantage of the home price appreciation. Let us take a closer look. According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and represents a 32% return on…

November 19, 2018 rummy

Many homeowners fear that home price increase will make it difficult for them to afford or at the very least find a home, they want to buy. Thus, they renovate. However, is it more cost effective to renovate than sell your existing home to purchase a new one? Let us look at what homeowners have to say. According to Home Advisor, homeowners spent an average of $6,649 on home improvements over the last 12 months. If that number seems high, it also includes homeowners who recently bought fixer-uppers. A new study from Zillow asked the question, “Given a choice between…

September 21, 2018 rummy

If you’re debating on moving to your dream home, you might be in luck. In some areas in the U.S. home equities rise which could give way to spending less for the long-awaited dream home for the lucky 25% of homeowners with a mortgage. Home equity is defined as the difference between the home’s fair market value and the outstanding balance of all liens (loans) on the property. While homeowners pay down their mortgages, the amount of equity they have in their homes climbs each time the value of their homes go up! According to the latest Equity Report from…

September 20, 2018 rummy

Any process can prove tricky to someone new. Let alone, the complicated procedure of selling homes, to agents helping out the ordeal could be less difficult. Good thing we have this tips to make your life easier. Memorize the Market When a market turns and sudden transition occurs, study your potential market response with the sudden changes. As a listing agent and local market expert, mastery of the signs of a shift and having the means to communicate the new reality to your sellers is a must. Our job is to help our potential sellers understand the turns. We should…

September 18, 2018 rummy

Within the property market, there is much written about when the best time to buy and sell is. Just like trading other investments you can try to play the market to your advantage and this certainly applies with investment buyers, but when it comes to selling a home, it is often more about the right time for you rather than trying to judge the wider market. Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented: “Contract signings inched backward once again last month, as declines in the South and West weighed down on overall activity.” Yun goes…

September 12, 2018 rummy

If you’re ready to sell your home but just waiting for the right time, then you’re in luck my friend. There’s a saying that goes, “strike while the iron is hot” and right now, the iron is ablaze. You should put your property up in the market while it’s filled with able, willing and eager buyers. Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. ‚Äč The chart below shows the forecasted year-over-year prices for 2018 (predictions made in 2017). According…