Who doesnt want an extra $41K ?
Blog and hot new info from Highlands Ranch Co.
Who doesnt want an extra $41K ?
There are still many sellers who are thinking twice before putting their home up for sale, they keep wondering where prices and interest are headed. These are legitimate concerns. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.
Most people realize that the housing market is hottest from April through June. Most of the serious buyers know this, and will try to beat the summer rush of buyers by buying late spring. We also have those who put off their move due to the extreme winter weather up North. That being said, with rising temperatures we will see a dramatic increase of purchasers who will finally make the move.
These buyers are…
FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position:
* Home sales are up 13% since their low point.
* Housing starts are up 50% since they bottomed out.
* House Prices are up 16% since their trough.
FreddieMac also believes that the market will continue to improve through 2014. They projected:
* Home sales to increase about 3% in 2014 as the purchase market continues to evolve
* Almost 20% growth for housing starts in 2014, which will begin to help ease tight inventories in many markets
* Home value increases will continue their positive momentum in 2014
Frank Nothaft, Freddie Mac vice…
Found this interesting report:
This month the National Association of Hispanic Real Estate Professionals (NAHREP) released their annual State of Hispanic Homeownership Report for 2013. A 35 page report designed to highlight the homeownership growth and household formation rates of Hispanics as well as their educational achievements, entrepreneurial endeavors, labor force profile, and purchasing power in the United States.
This report is full of great information and if your interested you should download it and read it. This blog mentions a few facts that are relevant to all of us: Craig Adelman now at 303.809.8979, we speak Spanish!
Don’t let the headlines get the better of your nerves. If you read certain headlines, you might be led to believe that the housing recovery has come to a freeze. Naysayers are claiming that rising mortgage rates and a lack of consumer confidence are keeping Americans on the fence when it comes to purchasing a home. Quite the contrary, that is actually far from reality. After all, 12,575 houses sold yesterday, 12,575 will sell today and 12,575 will sell tomorrow. 12,575!
According to the National Association of Realtors’ (NAR) latest Existing Home Sales Report 12,575 is the average number of homes that sell each and every day in this country. A breakdown of the report shows, annualized sales now stand at 4.59 million. Divide that number by 365 (days…
It’s not the first time you hear me talk about the opportunity that exists now for Millennial who are willing and able to purchase a home NOW... Here are a few other ways to look at the cost of waiting.
Let’s say you’re young and 30 and your dream house costs $250,000 today, at 4.41% your monthly Mortgage Payment with Interest would be $1,253.38.
But you’re too busy, you really like your apartment, moving is such a hassle...You decide to wait till the end of next year to buy and next thing you know, you’re 31, that same house is $270,000, at 5.7%. Your new payment per month is $1,567.08. Craig Adelman now at 303.809.8979.
That’s like taking a $10 bill and tossing it out the window EVERY DAY!…
Intrestingly, the sales of vacation homes skyrocketed last year. Recent studies show an increasing number of particiapants who said they would likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of finally purchasing that vacation home (that they may eventually use in retirement) makes more and more sense as the economy improves and the housing market recovers.
If your family is thinking about purchasing that second home, now is be the perfect time. Prices are still great. If you decide to lease the property until you’re ready to occupy it full time, the rental market in most areas isstill very strong, and not to mention you can still get
As we have seen the housing market is recovering pretty well. Prices have increased nationally by double digits over the last twelve months. The competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishing fast. Now may be the perfect time to sell your home and move to the dream house or beautiful location your family has always talked about without missing those low interest rates! Call Craig Adelman today at 303.809.8979.
There is one piece of advice you may not want to ignore: Do Not Over Price It!
Even though prices have increased by more than 10 percent over the last year, the acceleration of appreciation has slowed dramatically over the last few months. As an example, in their April…
What do you think of what Ashley Garner, an experienced Real Estate Broker, has to say about pricing a home?
According to Ashley, location may have the most effect on value but Price is without question the most important factor controlling the sale of real estate. Anything will sell anytime, how long will it take depends on the price.
Think about it this way – you may really want to buy a car for your collection and your favorite happens to be a 1963 Corvette. So you hear about one for sale, in mint condition, across town but the only problem is the price, the owner is asking $150,000! Well, although you really, really want a mint condition 1963 Corvette, there is no way you will pay anywhere close to $150,000, in fact you know that the most a…