Want to Sell Your Home? The Spring Selling Season May Be Coming Early This Year – by Jay Jenkins

home-for-sale_large

If you’re considering selling your home in 2014, now is the time to get ready. Not next month, not next week, not tomorrow. Right now.

Why? Because buyers are already on the hunt.

The Internet is the new curb appeal Last month will likely be remembered for polar vortexes, widespread snow, and historic traffic jams. Lost in the shuffle is that while American’s were sitting inside trying to stay warm, they were looking at houses for sale on the Internet. 

Experian Marketing Services released its monthly most visited real estate website rankings earlier this week for web traffic in January. The results are eye popping.

Web traffic to real estate websites was up 25% from December to 364 million visits. Zillow  (NASDAQ: Z  )  led the way with over 57 million visits and Trulia  (NYSE: TRLA  )  limped into second at over 30 million visits.

If you’re considering selling and your home is not yet online, then every day you’re missing out on thousands (or even millions) of potential buyers viewing your home. 

Even more incentive for buyers Spring is coming, and that is certainly driving a lot of the interest in homes currently listed for sale. But there are other factors at play.

Mortgage rates have declined over the past month and are currently trending back toward 4% for traditionally structured, well qualified loans. This is a significant development for buyers, as interest rates are a huge driver of home affordability.

For example, a traditional 30 year, $150,000 mortgage at 4.5% would have a monthly payment of $760. If rates declined to 4.25%, the payment would change to $738.

For borrowers on the edge of qualifying for a mortgage, that $22 per month savings could make the difference between getting a loan approval or not. Over the life of the loan, that 0.25% difference saves the borrower $7,963!

For buyers, the time is now! Buy low and sell high, right? For buyers, the time to buy low is quickly ending, creating a sense of urgency to buy now before prices rise too high or interest rates return to more historically normal levels.

According to CoreLogic and reported by Realtor.org, home prices in 2013 saw the largest percentage increase across the board since 2005, north of 11% as of December. The appreciation was most pronounced in the states that were hit hardest in the real estate collapse: Nevada rose 23.9%, California 19.7%, and Michigan 14% rounding out the top three.

Buyers are ready. Are you? The spring selling season will be in full swing sooner than you think. Rates are low, there is urgency to buy now, and buyers are already coming out of their winter slumber. If you’re planning to sell you home in 2014, you need to be ready now. Don’t miss out on the perfect, well qualified buyer because you waited a moment too long.

 

What to do with all that cash from your successful home sale? Check out the Motley Fool’s Top Stock of 2014 There’s a huge difference between a good stock and a stock that can make you rich. The Motley Fool’s chief investment officer has selected his No. 1 stock for 2014, and it’s one of those stocks that could make you rich. You can find out which stock it is in the special free report “The Motley Fool’s Top Stock for 2014.” Just click here to access the report and find out the name of this under-the-radar company. 

The Next Industry to Crumble…                 Imagine owning Amazon.com (up over an insane 4,000% since 2001) when Internet sales rendered big-box retailers obsolete… Now an industry 99% of us use daily is set to implode… And 3 established companies are perfectly positioned to take advantage of this game-changing economic shift. Enter your email address below to find out how YOU can take advantage!

<a href=”http://ad.doubleclick.net/jump/usmf.inv.investing/articles;pos=;seg=default;src=;sz=5×7;sub=default;port=default;trades=default;reg=true;uid=1899399006;etfticker=false;ret=-1;mgr=default;funds=False;goldticker=false;bureau=financials;ord_aband=default;series=default;buckettarget=default;swap=false;sessionCount=1;type=308;adtags=default;tickers=Z,TRLA;tile=0;ord=38322046?” rel=”nofollow” target=”_blank”><img src=”http://ad.doubleclick.net/ad/usmf.inv.investing/articles;pos=;seg=default;src=;sz=5×7;sub=default;port=default;trades=default;reg=true;uid=1899399006;etfticker=false;ret=-1;mgr=default;funds=False;goldticker=false;bureau=financials;ord_aband=default;series=default;buckettarget=default;swap=false;sessionCount=1;type=308;adtags=default;tickers=Z,TRLA;tile=0;ord=38322046?” border=”0″ alt=””></a>

Jay Jenkins has no position in any stocks mentioned. The Motley Fool recommends Zillow. The Motley Fool owns shares of Zillow. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Advertisements

How to keep your house cool with Just a Fan!

If you’re home is like mine, there are weekly arguments about what the temperature should be in your house. The fanthermostat is probably programmed as it always has but there are just some days that it feels hotter than others. Fiddling with the air conditioning conjures up visions of dollar bills being blown away, but if you can’t get comfortable at home where can you beat the heat? Turns out instead of our A/C we may not be using a fan to its full potential.

I came across this news segment on YouTube which has a home inspector showing how just a simple fan can lower the temperature in your home if used correctly. For example, putting a fan on the side of the house that gets shed and having it blow towards the side with sun will help balance out the temperature. Put a bowl of ice cubes in front of that same fan and you basically have a MacGyver-esque air conditioning unit.

While central air is still my home coolant of choice, these fan tricks can help cool down pockets of  your home that just always seem to be hotter than others. Check out the video above for the full list of tips on how to keep your house cool with just a fan.

Image courtesy of Flickr user Ryk Neethling

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!

HOW’S THE MARKET DOING?

WW200710070606013AR_t310
There is no question in my mind that across Washington State and Nationally the Real Estate Market is greatly improving.  I recently attended a two day convention with Coldwell Banker and attended a session with state wide economist. I was very encouraged to hear what I was reading and hearing from The Seattle Times and my associates in Coldwell Banker Bain (933 agents) and Coldwell Banker Danforth (357 agents) ! They were saying the market is now in a spin with multiple offers, upward bidding, and 19% price appreciation.  Like our motto at Coldwell Banker LaVigne when asked.. "hows the market doing?"… we say "UNBELIEVABLE!"  And that reflection on the local market is said with honesty and integrity which is how we at Coldwell Banker LaVigne run our business.

For the last three years, our local market of Wenatchee, East Wenatchee, Cashmere, Leavenworth, Lake Wenatchee, and Chelan has been unbelievably poor.  Our market resisted stubbornly, a recessionary correction and the National trend, i.e. down in price and number of sales. Our living working community hung on with fewer short sales and foreclosures than would have been expected. It is as if a huge wave of correction surged across the greater part of the State and our Wenatchee area withstood the current connection with sellers saying, “we purchased for….spent… in extensive remodeling… and we just can’t admit the reality of the market conditions, appraisals and comparables sales.  Now, as the Greater Seattle area rebounds, we are caught in the back wash of a wave of correction. Our Market is just beginning to improve. Inventory is down, new listings are selling, Coldwell Banker LaVigne is seeing quick sales, even days, in spite a sham marketing promising they sell quicker… the data shows contrary.  Our State wide economist convinced me with clear market matrix and statistics that we are coming into an amazing recovery.  Now’s the time to sell!!  Interest rates are historically low, clear price downward movement…”UNBELIEVABLE”!!!  Our local market which trentds 6 months to a year behind Seattle is shifting from a buyers market, with aggressively low offers and closing cost concessions, to a sellers market! Buyers who are waiting for the bottom of the market only to discover they missed it! Think about this statistic that comes from out of research from Coldwell Bankers President, Budge Husky. “when listing with the national brand, Coldwell Banker, and Tom Sellic the voice of Coldwell Banker, sellers are realizing 20% high profitability when listing with Coldwell Banker.  How’s the Market Doing?  “Unbelievable”! at Coldwell Banker LaVigne.