For Sellers Archives - Page 3 of 5 - J.P. Cook

In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply

Thinking of Selling? Now Is the Time to Act

April 20, 2017

For Sellers, Selling Your Home

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If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is

The Importance of Using a Professional to Sell Your Home

April 11, 2017

For Sellers

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When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold. In order to accomplish all three goals, a seller should realize the

Buying this Spring? Be Prepared for Bidding Wars

April 5, 2017

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers

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Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different! Buyers have already been out in force looking for their dream homes and more are on their way, but the challenge is

15,014 Homes Sold Yesterday… Did Yours?

April 4, 2017

For Sellers, Housing Market Updates, Pricing

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There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all, 15,014 houses sold yesterday, 15,014 will sell today and 15,014 will sell tomorrow. 15,014! That

Home Prices Up 6.15% Across the Country!

March 31, 2017

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing

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Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Alaska, Delaware, West Virginia & Wyoming were the

Consumer Confidence in Economy and Housing is Soaring

March 30, 2017

For Buyers, For Sellers, Housing Market Updates

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The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject. HousingWire: “Consumers’ faith in the housing market is stronger than it’s ever

How Low Supply and High Demand Impacts the Real Estate Market

March 29, 2017

For Buyers, For Sellers, Housing Market Updates, Infographics

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Some Highlights: The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not been a 6-months inventory supply since August 2012!

The Foreclosure Crisis: 10 Years Later

March 23, 2017

Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates

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CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day. With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million families lost their homes throughout the entire

It’s a Seller’s Market! Should I Downsize Now?

March 21, 2017

For Sellers

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A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a blog, Dave Ramsey, the financial