Wednesday, October 16, 2019 / by Dixie Simon
Low inventory continues to create a Sellers Dream. Nothing like multiple offers to get your blood racing. With interest rates low Buyers can often afford to borrow more money and buy more home than average, giving your home a bigger audience than otherwise.
Our Spokane Market continues to be very competitive in rating 90 on a scale of 0 to 100 and calculated over the last three months.
Homes typically receive two offers minimum.
Homes sell for about 1% to 3% above list price and go pending in around 19 vs. 22 days.
Hot Homes can sell for about 3% above list price and go pending in around seven days. Homes with acreage can take longer.
Current Inventory of homes on the market is 1.2 months compared to a balanced market, which is five months of inventory. i.e., Sellers Market
Average Home Price is Up 12.3%
Median Home Price is Up 8.5%
Distressed Home Sales are down and accounted for less than 1% of Sales in August. ...
Wednesday, October 16, 2019 / by Dixie Simon
Selling a home is like trying to balance and juggle at the same time.
Between marketing, conducting presentations, following up, and filling out heaps of paperwork, managing real estate transactions requires a lot of multitasking skills—as well as time requirements. That’s why many home buyers and sellers choose real estate agents to take care of the dirty work for them. However, figuring out how to choose a realtor is often as time-consuming as it is essential.
Hi, My name is Dixie Simon. A realtor's job these days is more about negotiating efficiently and managing transactions than finding houses. Thanks to the Internet, most buyers already know which home(s) they want to look at. It’s the realtor’s job to guide prospective buyers and sellers down the real estate path to put them in the best position to buy or sell homes. There are more bidding wars than ever before, so getting a skilled negotiator is crucial to the real estate process. That’s why good ...
Monday, September 16, 2019 / by Dixie Simon
Summer has come to an end!
You may be telling yourself that you have missed the opportunity to sell and need to wait until next summer.
Hi! I'm Dixie Simon
Although it is not as "hectic and crazy" as with the swarms of summer buyers, the fall season brings out the most serious of lookers. They are the pool of buyers that waited out the summer frenzy to find their perfect home in the fall, and you don't want to miss these buyers! They are ready to make a move today! Don’t worry, selling in a slower period does not equate to less money. That is a misconception based on incorrect data and opinion that floats around. With the right agent and the correct price for your home, you can get a great price selling during the fall season. You might prefer it.
Here are the top 3 benefits to listing during the fall season.
1. Serious ...
Monday, August 26, 2019 / by Dixie Simon
If you’re on the home-buying journey for the first time or the first time in a long time, you may have the image of the “perfect” home in mind — every wall a color you love, the best flooring, and the perfect backyard. While there’s a chance you may find your dream house, it is more likely that you’ll find that house with a few exceptions. So where should you draw the line? Are there things you should ignore if the price and location are right? The answer is yes! There are some things you can ignore while home shopping if, it means checking the rest of your boxes. Here are some of the things you can overlook if you are considering making an offer on a home that has the perfect location or layout.
While it may be tempting to wait for a home with new carpet or freshly painted white walls, overlooking old carpet or vibrant wallpaper can help you get your otherwise dream-home. Replacing the carpet or painting the walls do ...
Friday, July 26, 2019 / by Dixie Simon
Perhaps you have expanded beyond your current living space, or you would like to move into a different-better neighborhood. Maybe you want to move closer to your work…whatever the reason, there are a few things to do before the “For Sale” sign goes live:
To begin with, you need to look at the principal balance on your current home. You must also figure in all costs associated with selling your home such as; repairs, your closing costs which can be average 8-10% of the sale price of your home and the expense of the move itself.
Reviewing Market Conditions
Evaluate your local market conditions. You are assessing the market to include the current inventory of homes for sale, the recent successful transactions, and housing prices in general. Are homes moving fast in your area? Are you prepared to move quickly should the opportunity present itself to do so? The most helpful tool in this step is to work with an Expe ...