WHY NOW?
It is clear from the chart above that interest rates are still at an all time low...
Here are some interesting facts for both buyer and sellers.
A FEW FACTS FOR BUYERS
Mortgage Rates are at a HISTORICAL LOW
Compare this:
| 1989 | 2011 | |
| Bread | $0.67 | $2.9 |
| Gas | $0.97 | $3.89 |
| New Car | $15,350 | $28,400 |
| House | $94,000 | $173,000 |
| Monthly Payment | $825 | $896 |
MORTGAGE RATE 10% 4.69%
MORE BANG FOR YOUR BUCK NOW FOR HOMES!
Sales prices good ONLY while stocks last! Reasonable offers will be considered...
While the average inventory for all of 2010 was 9.4 months, it has been steadily declining month by onth since peaking in July, standing at 8.2 months in December.
What does this mean to you...As the good homes come on the market or as prices drop to meet your needs you should OFFER! As the market shifts, prices will increase again and you may miss your BEST DEALING DAYS!
There is STILL great lending programs for buyers with 100% Financing with NO PMI...We can guide you on finding the best lenders to meet your personal needs.
We also have tip top credit repair specialist to help you repair situations that may be keeping you from homeownership!
I assure you that if you have a heatbeat..we can help you!
A FEW FACTS FOR SELLERS
Curb Apeal and Interior Staging Counts!
47% of sellers enhanced their curb appeal and spent between $150 - $1000 and started working on things 5 weeks before listing...
80% Removed Personal Pictures or sentimental objects
77% DeCluttered countertops/closets
73% Trimming Bushes and Trees
54% Added Fresh Mulch or planted new trees/shrubs
51% Added new potted plants/hanging plants
50% Had a Detailed House Cleaning
40% Had Power washing
23% Fresh paint
11% Added New hardware
8% Had Pro Carpet clean
TOP 10 Price Considerations
1 - 75% Buyer Motivation
2- 73% Home Condition
3 - 66% School District
4 - 62% Updates/Upgrades
5 - 59% Seller Motivation
6 - 59% Location
7 - 54% Features of Home
8 - 54% Recent Sold Comps
9 - 44% Inventory
10 - 41% Price per square foot
43% of all buyers received some closing cost from the seller
75% of those getting closing cost received at least $3000
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One of the things I know is that buyers and sellrs in the market place expect an agent to have knowledge, expertise and perspective. The best way for an agent to have those skills is to spend some time with the numbers of the marketplace. We must fully understand where we are and where we have been. Only then can we help people decide what they need to do in the future!
If you are asking if NOW is the time for you as a buyer or seller let's talk...We will help you navigate your needs and help you make a sound and professional real estate choice based on your very own personal needs.
Complete the form below and we will be in touch to set up the following:
1st Step - Phone Consulation
We will discuss your needs and depending on the area you are in we will schedule the 2nd step to meet with you personally or we will find the best agent for you in your market area...We have a database directory to assist buyers and sellers on a National level and will find a qualified agent for you if we are not near you.
2nd Step - Buyer or Seller Consultation
Our Seller consultations are held after we have previewed the home and are then held in the sellers home or in the office. Buyer consultations are held in the office or at a location suited for the buyer. Both consultations will range from 30 - 90 minutes. These consultations do not have a cost but are PRICELESS to you in order to make the best real estate choice!
We look forward to assisting you!
Liz & Lynn Small