Selling a Home Archives - Page 2 of 12 - J.P. Cook

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a blog, Dave Ramsey, the financial

Thinking of Selling? Do it TODAY!!

March 7, 2017

For Sellers, Housing Market Updates

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That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist

How Long Do Most Families Stay in Their Home?

March 1, 2017

Home Seller Tips, Housing Market Updates, Selling Your Home

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The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost

5 Reasons to Love Using A RE Pro

February 21, 2017

For Buyers, For Sellers, Real Estate Tips

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Highlights: Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make! They are there for you to help with paperwork, explaining the process, negotiations, and helping you with pricing (both when making an offer or setting the

The Great News About Rising Prices for Homeowners

February 15, 2017

Move-Up Buyers

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Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news

Listing in the Winter Attracts More Serious Buyers

February 13, 2017

For Sellers, Home Selling Tips

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A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close. It’s

Buyers Are Searching For Your House

February 9, 2017

For Sellers, Housing Market Updates

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The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the best year

Buyer Demand Is Outpacing the Supply of Homes for Sale

February 8, 2017

For Buyers, For Sellers, Housing Market Updates

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The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply)

Lack of Homes for Sale Slowing Down the Housing Market

February 6, 2017

For Buyers, For Sellers, Housing Market Updates

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The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to 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,

No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!

February 2, 2017

For Sellers, Housing Market Updates

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Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally