New Listing in Merriam, KS…A Must See at $119,000!
|Priced at $355,000|
Looking Good for 2012…Home Sales are Up!
According to the National Association of Realtors, the latest numbers for pending sales indicate for the second month in a row that the index is up. The index is used to provide general insight to where the housing market is heading. Because new home sales reflect ‘big ticket’ items that require construction and investment, the housing market is often considered an indicator of the direction of the economy as a whole. Growth in the housing market usually means subsequent spending, generating demand for goods and services and the employees who provide them.
The good news is that the index has broken 100. The only other time this has happened since the housing boom collapsed was during the homeowner tax credit incentive. Knowing that the index has returned to that level a year since the credit has been in effect means the housing market is strengthening completely on its own, without any stimulus.
Not only are home sales up, but so are housing starts and home pricing are stabilizing in many markets, even increasing in some. We still have a ways to go in terms of a recovery, but it looks like we may be heading in the right direction.
Ready, Set, SELL! Reasons to List Your House NOW.
We hear it all the time.
“We’re going to wait to list our house in Spring.”
“There’s not as many people looking to buy right now, so we’ll wait a few more months.”
Nooooo! Don’t wait! The time is NOW and let me break it down for you:
1. Serious Buyers: There may be fewer of them, but the ones that are out there are very serious about making a purchase…they are there to buy.
2. Less Competition: The current inventory of homes for sale in the KC area is at a 5 year low. Because there are so many people out there with the “We’ll wait ’til Spring” mentality, that means there is fewer competition in your local market than any other time of the year.
3. Interest Rates: Today’s interest rates are still low, giving buyers more spending power and you the same advantage when you begin shopping for your next home.
If your home will be for sale over the winter months, it’s important to address those issues that occur more often during this time of year than any other.
- Shine on: This should be happening regardless what time of year it is, but with the shorter and often cloudy days during the winter months, it’s even more important. Turn on every single light in the house, including closets, pantries, and hallways. Don’t forget the outdoor porch and patio lights as well.
- Keep it clear: No one wants to climb over huge snow drifts or drudge through 3 feet of snow to get to the front door. Shovel your driveway and keep a clear path from the driveway to the front door.
- Welcome mat: Have a mat or an area rug by the front door for visitors to wipe their feet. Provide disposable slippers and a bench to make it even easier to remove or put on their shoes or boots.
- Keep odors at bay: Homes tend to get stuffier during the winter months, which can be a turn-off to buyers if the odors build up. Clean more frequently, change the litter box every day, and avoid strong cooking odors.
- Look festive: Enjoy the holiday decorations…many buyers find them welcoming and it can help make the home look cheerful during the winter months.
- Keep it comfy: There’s no need to overheat buyers, since most will be walking through with their coats on anyway. Keep the temperature at 65-68 degrees for showings.
As a Real Estate Consultant, I get to see a lot of great decorating ideas as I tour with buyers and consult with sellers from one home to the next. And every once in awhile, I’ll see something that stops me dead in my tracks and makes me think, “Fabulous idea…I need to do that!”.
Such was the case when I saw this letter mural in a house located by the front door. Very cleverly, the homeowners took the initials of each family member, collected them in various shapes, sizes, and textures, hung them this way and that and…Voila! I just love and simplicity and complexity of it. What do you think?