Monday, November 18, 2019 / by Katrina Miller
Congrats you have made the move and you listed your home for whatever reason! But you are not seeing results and getting frustrated. I am sure all your friends and coworkers have an answer for you but I'm here to tell you exactly what you need to do to make your home sell. Buckle up and read on.
1. Your home is OVERPRICED!
Honestly, this is probably why your home is still sitting on the market. Today's consumers have every piece of information at their fingertips. They can see what every house on your block sold for and how long it was on the market. With this information, they can estimate what they think your home is worth and if it overpriced they might not even come take a look. Make sure your Realtor takes the time to explain to you what your home is really worth and try that price if you are in a rut. Make adjustments at $5,000 at a time and see if anyone bites.
"Staging" consists of decluttering, rearranging your furniture so it's appealing t ...
Sunday, November 17, 2019 / by Katrina Miller
Five Things That Can Stop A House Sale In Its Tracks-
You might think that once you’ve found your dream home, pre-qualified for a loan and had the inspection that you’re home free!! Just a few more days and that new home is yours...
BUT a home purchase is never truly done until those keys are in your hand, and if you’re not careful in the days and weeks leading up to your closing, you could actually put your sale at risk.
Want to make sure your home purchase goes smoothly every step of the way? Here are five things you’ll want to avoid:
1. Big Purchases-
You were approved for your loan based on your credit score and current financial situation. Big purchases like cars, furniture or appliances change that financial situation. This will make your lender rethink lending to you because of the drastic change.
2. New Lines of Credit-
Your credit score needs to remain stable during the closing process. Opening new lines of credit li ...
Saturday, November 16, 2019 / by Dennis Isip
So your cash situation is not ideal, and you need to sell your Spokane home. You’ve already taken care of the cosmetic visuals (see related article: Should I Sell My Spokane Home As-Is? Part 1). What can you do next?
For a few hundred dollars: provide a home warranty.
One of the most attractive and powerful steps you can take in marketing your home is to provide a home warranty. Home Warranties provide comfort to a buyer, and it sends a sign to potential buyers that you have taken care of your house and are confident in its condition.
Consider the following:
Add value. 8 out of 10 buyers prefer a warranted home. A Home Warranty makes your home more desirable, and statistics show your home will sell faster (up to 15% faster) and for a higher price. Appraisers consider it an added value to a home --- up to $3000 in additional value. In addition, statistics show you have a 29% better possibility of selling your home when a home warranty is included.
Avoid delays. A breakd ...
Saturday, November 16, 2019 / by Katrina Miller
Spokane Real Estate Market Update for the week of November 15, 2019- Spokane is hitting the colder months but that does not mean Real Estate is slowing down. For the week of 11/15/19, we have about 1.2 months of inventory on the market. To have a balanced market we need around 5-6 months. We have a little over 2,000 homes that are active in Spokane county with a little more than half in escrow meaning only about 50% are available. We have 170 new homes on the market, which is 7 more than last week. With 750 homes being sold in the last 30 days we do not see the market slowing down anytime soon.
Sales prices are starting to rise in Spokane compared to last year at this time. They are up 3.5% from June 2018 to June 2019. This means your home value is slowly increasing!
It is a great time to sell since it is still a sellers market. Call me today at Haven Real Estate Group.
Katrina Jo MillerHaven Real Estate GroupSpokane, WA 509-496-2288
Saturday, November 16, 2019 / by Katrina Miller
Spokane Real Estate Market Update for Week of November 8, 2019.
There are only 1040 homes listed for sale. There are only 286 available homes under $270,000. We have about 1.3 months of inventory here in Spokane.
Here are the latest forecasts for the housing market in Spokane, Washington. The median home value in Spokane is $205,600 on Zillow. Spokane home values have gone up 10.5% over the past year and Zillow’s Spokane real estate market prediction is that the prices will rise 8.9% in 2020. The median list price per square foot in Spokane is $202, which is higher than the Spokane-Spokane Valley Metro average of $191. The median price of homes currently listed in Spokane is $235,500 while the median price of homes that sold is $200,900. The median rent price in Spokane is $1,250, which is lower than the Spokane-Spokane Valley Metro median of $1,295.
What is the best neighborhood according to Norada?
There are 263& ...