Home Selling Archives - J.P. Cook

Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your

58% of Homeowners See a Drop in Home Values Coming

September 8, 2017

For Buyers, Housing Market Updates, Move-Up Buyers

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According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very

Inventory Shortages Are Slowing Down the Market

August 3, 2017

For Buyers, For Sellers, Housing Market Updates

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The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again. However, there is one thing that may cause the industry

5 Reasons Why You Should Not For Sale By Owner!

July 14, 2017

For Sellers, FSBOs

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In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are

NAR Data Shows Now Is a Great Time to Sell!

July 3, 2017

For Sellers, Housing Market Updates, Selling a Home

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We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data covered in

Home Prices Up 6.15% Across the Country!

March 31, 2017

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing

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Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Alaska, Delaware, West Virginia & Wyoming were the

What Young Buyers Want: 4 Home Must-haves When Selling to Millennials

June 28, 2016

Home Seller Tips

Many millennials are set to flood the real estate market in the coming years to invest in a home of their own, but what is it that this group of young people is looking for in their property? From sizeable kitchens to a sustainable ethos, here are some of the things that will likely appeal to millennials searching for an ideal place of their own to settle.