Thursday, January 16, 2020 / by Kylene Emery
If you’ve only ever rented before, the necessity of a home warranty may be unknown to you. As a renter, you are used to a landlord who will fix any issues you run into - but that all changes when you become a homeowner. Now, when a water heater breaks or the fridge starts to leak on the new floors in the kitchen, there is no landlord to call. So what do you do now? You may have a friend or family member who can handle the smaller fixes, but when it comes to the big issues that will end up emptying your pockets, a home warranty can save the day.
A home warranty is similar to insurance, as it covers some or all of the costs of replacements or repairs when a system in your home malfunctions or stops working altogether. They range in annual costs of $300-$600 and remove the middle man in the fixing process. Instead of finding someone to fix an issue, you will directly contact your warranty provider and they will set up the repair or replacement with the appropriate vendors. Your pre ...
Monday, January 13, 2020 / by Kylene Emery
While house hunting in the winter was never really a thing of the past, today’s culture keeps things going year-round - which means finding a home can be done at any time of the year. While exploring in the cold might be your focus or concern, house-hunting in less-than-ideal conditions can show you things you can’t always see on a warm, sunny day. Here are some things to keep in mind as you try to find a house can call home.
Winter Weather Can Help You See Hidden Flaws
Even if you don’t love the cold and snowy weather, it can help you see household flaws that you may not see in the warmth of summer. Maybe the windows are drafty or there is a major loss in privacy when the trees are bare from the cold. It will also help you to love your home for its’ bones, and only love it more when warmer seasons arrive bringing flowers, grass, and colorful foliage.
Photos Can Help Fill In The Blanks
It can be hard to picture what a poolside oasis looks like when it is cov ...
Friday, December 20, 2019 / by Elizabeth Sorensen
We're getting down to the wire as we come to the end of 2019! With the holidays approaching next week, it isn't surprising that we have 20 fewer listings this week compared to last week- with only 82 new listings coming on last week.
Less buyers are out in the cold weather right now as well. For the first time in nearly nine months, we have an uptick in inventory with our current available properties at 1.5 months.
This is still extremely low and many buyers and sellers are wondering where we are at in the housing market as we head into 2020.
We still have a very high pending ratio of 57% with 1,476 active listings to choose from in Spokane County (single-family, stick built homes on <1 acre). So over half of the homes you see on the market already have accepted offers on them.
The buyer pool may be lower this time of year but so are the number of listings. So if you are a seller, you have much less competition. The buyers out there are serious, qualified b ...
Friday, December 20, 2019 / by Elizabeth Sorensen
Many sellers think spring is the best time to put their homes on the market because there are usually more buyers out at that time of year. What they don’t often consider is that every other homeowner is thinking the same thing!
Much Less Competition=Selling for More
The #1 reason to list your home in the winter is there’s less competition. Inventory is usually at its lowest point in the winter, so the options buyers have are limited.
The ‘sweet spot’ for listing your house to get the most exposure happens at the start of the New Year. When spring rolls around, temperatures aren’t the only thing that rises- so do the number of listings.
Don’t wait for all of the competition to show up before you decide to put your home on the market.
Serious Buyers=Less Window Shoppers and Higher Selling Price
There is an added bonus to selling during the winter- the buyers who are out looking in the cold and snow tend to be very e ...
Friday, December 20, 2019 / by Sara Koenig
Selling your home in the Winter…Why you CAN!
Are you thinking about selling your home this winter? Are your friends and family telling you to wait until the Spring? It won’t sell as quick in the Winter?
I want to share with you reasons WHY this is not true, and I also have some tips for selling your home during the winter.
IT’S STILL A SELLERS MARKET
The Spokane area market has been in favor of seller’s all year long due to the lower inventory levels available to buyers, and this is still true now, in the Winter months as well. Because of the lower inventory this will still create a great response from buyer’s if a home is priced, and marketed properly. Currently there is only around a one and a half months supply of homes for sale here in Spokane. So, if you are looking to sell it is STILL a fabulous time!
THERE IS A BIG POOL OF BUYERS WAITING!
Because of the lower inventory for homes available for p ...