Tuesday, October 24, 2017 / by Josh Cooley
Buying a home? Click here to start your new home search
Selling a home? Click here for an instant home value check
Is listing your home in the fall a good idea?
Let me share a couple of statistics I saw earlier this week. The Census Bureau and the National Association of Realtors both recently stated that inventory is at an all-time historic low. There are 50% fewer homes on the market than there were in 2006.
This low inventory means that sellers don’t have as much competition. Someone who is in the market for a new home will have fewer options to choose from at this time of year, which puts your property in a much better position.
However, buyers shouldn’t feel discouraged either. There may be less choice, but there’s also less competition on the market. Now may be a preferable time to make an offer without worrying about other buyers.
But, obviously everyone’s situation is different. Whether or not you should sell now largely d ...
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real estate
Monday, October 9, 2017 / by Marsha Westling
Buying a home? Click here to start your new home search
Selling a home? Click here for an instant home value check
Today we’re going to talk about tips to get sellers the largest sum of money when they sell their home.
We would be happy to share all seven tips we have, but for now, here are the first four, plus a bonus tip.
Do not over-upgrade your home. If you haven’t seen the inside of your neighbor’s home or don’t know what upgrades they’ve done, hold off on your own upgrades until you have. We don’t want you to put too much money into your home, only then to have buyers and appraisers look at your home and decide that it is over-built. If you want to get paid back when you make upgrades, don’t sink too much money into those projects up front.
Make sure your home is available for showings. Keep your home clean and ready to be shown with a couple hours’ notice. One of the top things a seller can do other than pr ...
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real estate
Friday, October 6, 2017 / by Josh Cooley
Buying a home? Click here to start your new home search
Selling a home? Click here for an instant home value check
How can you buy and sell a home at the same time?
Buying and selling at the same time can be a smooth transaction. We do it all the time in this market because many people need to sell their current homes in order to purchase a new one.
Sometimes, though, these deals can fall through. We’ve heard some horror stories of people who had to move two or three times before they could close on their next home. It is an incredibly frustrating experience to pack and unpack your belongings or stay on someone else’s couch until your new home is ready just because a small detail was overlooked.
The best thing to do is to get a plan in place for selling your home first. Once your home is on the market, you need to be prepared to find the right home. When negotiating between buyers and sellers, it’s important to make sure that everyone is on ...
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Tuesday, September 12, 2017 / by Josh Cooley
Buying a home? Click here to start your new home search
Selling a home? Click here for an instant home value check
Is the Eugene real estate market in a buyer’s market or seller’s market?
Right now, it’s definitely a seller’s market out there. As we come to the end of the selling season, though, there are a lot of great opportunities out there for buyers who couldn’t find a home in the last six to nine months. So, even though we are technically in a seller’s market, homebuyers can still win.
Housing inventory is creeping up and there are a few more homes on the market now than there were three months ago. If you were out shopping earlier this year but have given up due to low inventory and high home prices, we expect that home prices will start to level off soon.
Interest rates are at historic lows, and it’s easier for buyers to qualify for loans. Fannie Mae recently increased their allowable debt-to-income ratio from 45% to ...
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