USA Housing Markets

Press Release USA Housing Markets….

2013 COLDWELL BANKER REAL ESTATE HOME LISTING REPORT FINDS MALIBU MOST
EXPENSIVE MARKET IN UNITED STATES, CLEVELAND MOST AFFORDABLE

Exhaustive Survey of Nearly 2,000 Markets and 52,000 Listings Shows More Than $2 Million
Difference in Price Between Malibu and Cleveland

MADISON, N.J. (Nov. 6, 2013) – The glitz, glamour and white sandy beaches of Malibu, Calif., have attracted the rich and famous to this premier destination for years. Today, Coldwell Banker Real Estate released its 2013 Home Listing Report (HLR), which ranked Malibu as the most expensive place to live in the United States. According to the annual report, an apples-to-apples comparison of four-bedroom, two-bathroom homes in more than 1,900 real estate markets across the United States, a sample-sized home in the affluent beach community of Malibu lists for $2.15 million, compared to $63,729 in Cleveland, Ohio.

“With its laidback, yet star-studded lifestyle, Malibu is undergoing a transformation from a seasonal destination to a year-round locale,” said Madison Hildebrand, an agent with Coldwell Banker Residential Brokerage in Malibu, star of Bravo’s Million Dollar Listing and regular contributor on E!. “Situated on the Southern California coast with beautiful homes and even more stunning views, you’re not only paying for world class properties, you’re paying for a way of life.”

Cleveland, Ohio, was ranked as the most affordable real estate market in the 2013 Coldwell Banker® Home Listing Report, where an average four-bedroom, two-bathroom home lists for $63,729.

“Cleveland’s friendly, hometown feel draws people of all ages, and in recent years, the community has been revitalized with more young professionals entering the market,” said Ed Dolinsky, president of Coldwell Banker Hunter Realty. “Energized by a growing tech hub that effectively supports nearby renowned hospitals and research institutions, this Midwest city continues to reinvent itself through its diversified business sectors and strong sense of neighborhood communities.”

Key Highlights from the 2013 Coldwell Banker® U.S. Home Listing Report:

“Whether moving for lifestyle or a new job, homebuyers can use the Coldwell Banker® Home Listing Report to compare the average listing prices of similar homes in different parts of the nation,” said Budge Huskey, president and chief executive officer of Coldwell Banker Real Estate LLC. “As the country moves on from the recession, this year’s report identified 20 markets where a four-bedroom, two-bathroom home costs more than $1 million, whereas in eight markets a similar home lists for less than $100,000.”
•The average listing price of a four-bedroom, two-bathroom home in the survey of more than 1,900 markets and 52,000 listings was $301,414.
•California holds 13 of the top 25 spots for the most expensive markets in the U.S.
•All top five of the most expensive markets are in The Golden State, with the two most expensive markets in the country located minutes from Los Angeles—Malibu (No. 1) and Newport Beach (No. 2).
•In contrast, 60 percent (15) of the 25 most affordable markets are in the Midwest.
•New York is the only state that had markets ranked on both the most expensive and most affordable lists.

Top 25 List of America’s Most Expensive / Most Affordable Real Estate Markets:

The top 25 most expensive and most affordable real estate housing markets in the 2013 Coldwell Banker U.S. Home Listing Report includes:

Heather Roberts
Coldwell Banker Real Estate LLC
973.407.5590
Heather.Roberts@coldwellbanker.com

Katy Hendricks
CooperKatz for Coldwell Banker Real Estate LLC
917.595.3057
khendricks@cooperkatz.com

Rank

2013 Most Expensive Markets

Avg. Listing Price

2013 Most Affordable Markets

Avg. Listing Price

1 Malibu, Calif. $2,155,900 Cleveland, Ohio $63,729
2 Newport Beach, Calif. $1,773,824 Garfield Heights, Ohio $66,075
3 Saratoga, Calif. $1,684,261 Flint, Mich. $84,437
4 Los Gatos, Calif. $1,360,497 Saginaw, Mich. $87,181
5 San Francisco, Calif. $1,309,599 Jackson, Miss. $94,155
6 Stone Harbor, NJ $1,301,727 Sioux City, Iowa $97,969
7 Cupertino, Calif. $1,292,400 Jonesboro, Ga. $98,332
8 Orono, Minn. $1,251,873 Moberly, Mo. $99,593
9 Weston, Mass. $1,229,000 Buffalo, NY $101,631
10 Redwood City, Calif. $1,203,357 Kankakee, Ill. $103,187
11 Breckenridge, Colo. $1,177,795 Utica, NY $103,877
12 San Mateo, Calif. $1,132,523 Ashland, Wis. $104,774
13 Great Neck, NY $1,103,364 Hillsdale, Mich. $106,384
14 Pasadena, Calif. $1,092,087 Johnstown, Penn. $107,039
15 Greenwich, Conn. $1,087,300 Arcadia, Fla. $107,691
16 Wellesley, Mass. $1,079,600 McCook, Neb. $107,986
17 Sunnyvale, Calif. $1,077,025 Park Forest, Ill. $109,709
18 Santa Barbara, Calif. $1,061,475 Niagara Falls, NY $109,809
19 Danville, Calif. $1,018,300 Eatonton, Ga. $111,108
20 Kailua, Hawaii $1,004,567 Lehigh Acres, Fla. $111,410
21 Mercer Island, Wash. $999,276 Kansas City, Mo. $113,718
22 Campbell, Calif. $974,212 Dayton, Ohio $115,176
23 Larchmont, NY $972,150 Camden, Ark. $116,072
24 Westport, Conn. $966,582 Akron, Ohio $116,906
25 Newton, Mass. $912,745 Aurora, Mo. $117,013

*A list of the most expensive and affordable markets in each state can be viewed on the Home Listing Report website.

About the 2013 U.S. Home Listing Report (Methodology):
The Coldwell Banker® U.S. Home Listing Report analyzes the average listing price of four-bedroom, two-bathroom real estate properties on coldwellbanker.com between January 2013 and June 2013 for 52,257 listings in 1,997 markets. Coldwell Banker affiliates as well as other franchise brands associated with Realogy Holdings Corp contribute to listings on coldwellbanker.com. Markets without at least 10 four-bedroom, two-bathroom listings on coldwellbanker.com between January 2013 and June 2013 were excluded from the ranking.

About Coldwell Banker®
Since 1906, the Coldwell Banker organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of more than 84,000 sales agents working in approximately 3,000 offices in 51 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Coldwell Banker is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.

Advertisements

Easy Ways to Improve Your Chances of Selling Your Home!

houseoutsidesold

Selling a home requires you to pay attention to how a property appears to buyers. Improving curb appeal, keeping the home tidy and making it look fresh and modern can attract more potential buyers and may result in a quick and easy home sale.  There are several tasks homeowners may undertake to prepare their homes for a sale that require them to spend money. For example, making repairs or home improvements, hiring a home inspector to assuage buyer concerns and improving a property’s curb appeal are common among sellers.

However, there are several other low-cost but equally important tasks sellers should take that carry a great deal of importance.

Rid the home of unsightly features or scents

badsmell

Walking into a home that smells odd or foul can quickly turn a buyer the other way.  In some cases, homeowners may be accustomed to the smell of their home and not even realize that it may smell off to outsiders. For example, individuals who have cats may grow used to the odor of their cat’s litter box, and smokers may be oblivious to the scent of cigarettes. Other smells may be less subtle, such as the scent of a dusty basement. It’s important to purge a home of these odors by doing a thorough cleaning. To avoid the overpowering smell of cleaning supplies, use non-odorous products and light soft-scented candles.

In addition, it’s also important to remove unsightly objects or features from view. For example, many homeowners with pets overlook litter boxes, dog beds and chew toys during the showing. On the same topic, pet hair all over the house is also a turnoff.

Owners with chipped paint, old wallpaper or holes and scratches in the walls should also update these features before a showing. The same goes for thoroughly cleaning carpets and countertops to remove stains.

Out with the old, in with the new

Making small purchases to freshen up a home is another cost-effective way to entice more buyers. For example, toss out old bed comforters, place mats, kitchen rugs and hand towels. Replace them with new and brighter additions to spruce up the room. In addition, simple tasks, such as replacing older light bulbs and washing windows, can add more brightness and shine to a room.

The key is to make the home appear as neat and fresh as possible, and adding a few new items can give the property an entirely fresh appearance. For more advice, tweet to us at @Coldwellbanker.

Sales of Homes in Wenatchee is on the rise!!

We are seeing a fantastic rise of sales of homes in the past few months!  Even experiencing homes being listed and pending within just a few short days!  How exciting is that?!

Utilizing internet technology has become one of our greatest accomplishments in listing homes.

Here is a few ways that we bring your home into light using the internet:           

 
 
   

Choosing your real estate professional is perhaps, the most important decision you will make when selling property. The more you look around the more we think you will see why it makes sense to list with us. We don’t sit back and wait for buyers to come to us. We aggressively put your list your property in the places people are looking!

We Aggressively Market Your Property through Mega Listing Sites and Social Media! All brokers are able to post your property in the MLS which is a good start – but only one piece of the pie. The Internet allows potential buyers to look in many places. We not only put your listing in the local MLS, but we also push our listings to the KEY popular real estate mega sites that have show good results for driving traffic and interest to our listings and our site.

We harness the power of the major Mega Listing sites such as Zillow, Trulia, YouTube, Google Videos, Google Maps, Facebook, Twitter, AOL Videos, and more. The bottom line is that we post your listings to the most popular websites on the planet!

 

We look forward to selling your home!

Previews Inside Out- Luxury Real Estate Coldwell Banker

Previews Inside Out 

Welcome to Previews Inside Out, the official blog of Coldwell Banker Previews International®. Our intent is to provide you with an insider’s perspective on luxury real estate, luxury lifestyle and residential design from some of the nation’s leading voices, visionaries and style-setters.

Previews® has been serving the needs of luxury home buyers and sellers since 1933 and is exclusively available to Coldwell Banker Real Estate and it’s 82,200 sales associates and 3,100 offices in 50* countries and territories around the globe.

In 2012, Coldwell Banker® agents handled more than 16,400 transaction sides of homes priced at $1 Million or more, averaging $86.1 Million in sales everyday, for a total of $31 Billion in sales volume, touting an average sales price of $1.93 Million.** The website www.coldwellbankerpreviews.comfeatures more than 12,000 luxury properties from around the globe.Image