This question is poping in the minds of many people right now with the economy the way it is and fears of unemployment. Sometimes people think of owning a home as a big commitment that is hard to get out of. Here are the two things to consider when comparing renting versus buying.
1. Commitment - You may think renting is like dating and buying is like marriage, but the fact is that renting comes with the commitment of a lease which you can not break. Home ownership comes with the option to sell at any time. Find the right agent and you will move it even in a slow market. Buy right and a great agent can sell high in low markets (OK insert TQ plug here).
2. Cost - Home owning with these low rates can't get any cheaper. Homes are priced low with flexibility because of all the choices. Now is a great time to buy. You'll thank yourself when the market goes back up. Or you could rent in a down market with low prices and then wait until things look better and prices are higher.
Cost and commitment of buying are both better than renting. Buy low sell high. This is a great market for buyers.
Call us for personal advice on your situation. 509-362-1966
Well, when free money is given out, it doesn't last long. Many Home buyers are getting off the fence and trying to find a home so they don't miss out on the $8000 Tax Credit. A push to get it extended hasn't yielded anything yet in congress so I would write an offer soon if you want to take advantage of it.
There are many homes to choose from right now and with very low interest rates, you may be kicking yourself for not buying right now if you have a chance to. Most people think it is a good time to buy when the market is up and are afraid to buy when the economy is down, but this means they will buy homes at high proces in good markets and have to hold on to them or sell them for a loss in bad markets.
The time to buy is in low markets so you can sell when the markets are hot. With another $8000 from the government, I don't know why anyone would wait to buy right now if they can.People will have to write an offer in the next couple of weeks to be able to close in time for the cutoff date. Don't wait call us now to help you find the perfect home. Call Us 509-362-1966
In this slower market many people are lowering the prices to attract buyers. The question is, does lowering the price bring buyers. The answer is tricky.
In a active market lowering the price can attract buyers in your price bracket, and lowering the price to a different price bracket will also bring new buyers. The difference is that lowering the price in your price bracket, say 200-225k will make your home more attractive to buyers who have probably already seen your home but didn't have much interest. The first filter is will the home work for them, the second filter is how attractive is the price. Changing prices int he same bracket only helps you attract people who made it past the first question and then were turned off by the price.
In a market where there are fewer buyers, you may reduce the price within your bracket and see nothing. In times when people may not be able to give up much, I wouldn't just suggest lowering the price to sell te home. If the lower price will attract buyers do it, but if more time is what is needed and you need to wait for new buyers to enter your price range, then reducing the price would be a waste. The only affect it has at that point is to change how attractive you are compared to your competition. If you are already attractive don't spend the money for nothing when all you need is to wait for more buyers.
Pricing can be tricky in this market, You should always hire a professional with a track record of selling homes in a tough market. If you or anyone you know needs the help of a professional call us 509-362-1966 and we can guide you through this market safely.
OK, so we all know this market is tough for real estate, but people still have to buy and people still have to sell. Life moves on whether the housing market likes it or not. There are three key reasons that your home may not be selling in this market, and if you don't recognize them, you may end up going nowhere.
1. Your Agent - OK this one seems simple but you must realize, that in a competitive market, getting your home noticed among all of the other homes for sale that flood the streets comes down to marketing. If your marketing isn't making your home stand out, you will have to use price and with many homes on the market expect big losses if you hire an agent who can't market your home better than your competition.
2. Price - For many people who bought a few years ago in the height of the market, Selling now seems impossible because they can't lower their price but need to sell. See point 1. If you can't go lower than all the other homes to attract a buyer, then you better pick an agent that is getting homes sold through great marketing.
3. Condition - As competition increases, it increases in all three of these areas. The agent with the best marketing gets you more showings, the best prices will sell but sellers may lose money, and the homes in the best condition will sell first if the marketing was good enough to get them on the list of homes buyers want to look at.
Hiring the right agent didn't matter a few years ago when anyone could sell homes, but now if you don't pick right you will likely not sell at all. If you need a Real Estate Agent in Spokane Washington who can get your home sold in this tough market, call us and let us show you what we do differently than other agents. 509-362-1966 or visit our Spokane Home Seller Section for More Great Home Selling Tips!
Well, time moves forward and if you haven't heard of the first time home buyer tax credit, then where have you been. As we get closer to the Dec 1st Deadline, you should see more and more media about it. In an attempt to stimulate the housing market the Government is offering $8000 for first time home buyer's to buy a home.
If you qualify you can take advantage of the extra money to plan savings, make repairs, or to invest. It's a great incentive. To learn more and to see if you qualify visit the official website for more information.
If you are thinking about buying, why not get some cash for doing it now. If you plan on getting the tax credit you will need to remember it takes anywhere from 30 to 45 days to close so you would have to ahve found your home by end of September to mid October. When you add the time it takes to find the right home, you had better get shopping soon. Call us and we can help you find the right home. 509-362-1966 or visit our
Hello Everyone, Just a quick few tips for selling your home in Spokane Washington. Envirnmental concerns are growing as people are facing litigation from environmental issues related to buying and selling homes. Let's face the facts, most people who are buying a home for themselves or their family are going to be very concerned if there is a hazard that can cause them or their family health problems.
Solution... Disclose all you know, and really that is not enough to keep yourself safe. you may also want to look around your property for issues like a depressed area in your lawn may be an oil tank that you didn't know about. Tape around old heating pipes may have asbestos. You can get some inexpensive home testing kits for things like radon at your local hardware store.
Protect yourself and don't have the attitude that you don't want to know if there are environmental concerns on your property. Be proactive and seek them out so you stay out of court. For more home selling tips or a free home value analysis of your Spokane Homes , call us 509-362-1966 or visit our Spokane real estate website.
Spokane Luxury Homes Expert - Ross Quintana with Team Quintana Real Estate
Luxury Homes in Spokane Washington are piling up with over 570 luxury homes for sale in Spokane . Only 3. 8% are pending right now, meaning only 3 in every 100 for sale is currently pending. It doesn't have to be this way. Many people are listing the homes for almost a year with agents that might not have a great internet presence which is key to selling luxury homes in Northeast Washington.
102 of those homes are over $1,000,000. That means one fifth of the executive homes for sale are over a million. Only 1 of those homes is currenly pending and only 3 have sold in the last six months. It's importan to know the numbers and what they mean.
Hiring the right agent now more than ever is key to selling your custom home in Spokane. With the avage days on market at 208 you know it may take a little time to sell, but internet coverage and online presentation is everything. We get on avarage people from between 75 and 100 cities in the US visiting our website every week. That means the right kind of traffic for your home.
Call us to see the many things we do differenty to get homes sold in this tough market. We dominate our competition when it comes to interne marketing. With a contract you can cancel any time and top notch marketing for your distinctive home, we'll put sold on it. Call us 509-362-1966 or visit our Spokane Luxury Homes Website.
Well, If you haven't heard the Real Estate Market is not at its best I am not sure where you have been. It's not all doom and gloom as it is in different cities, but Spokane has had it bumps in the road. Increased inventory is good for buyers, and with the loss of the down payment assistance programs and much of the 100% financing, there are not as any buyers as we used to have.
What this means is that in high competition markets where the MLS is full of more homes than buyers, For Sale By Owners are feeing the pain. People have so many choices they aren't driving around looking for other homes. Not only that, but unless your FSBO (For Sale By Owner Home in Spokane) isn't priced better than what is now twice as many homes, then you simply do not exist as a choice like you did 3 years ago.
Bottom line, now is not the time to try selling For Sale By Owner. If full time proffessionals with a marketing plan are getting out of th business, then guess what, the little sign in th front yard and flyers is not going to get the job done. Now it isn't a matter of whether you should hire an agent... It's how do Ipick the right agent so the home actually sells. For help with that feel free to call us and find out how we are still getting homes sold in Spokane in this tough market. 509-362-1966
Spokane Real Estate Expert Ross Quintana from Team Quintana Real Estate - Spokane Wa
Hello Everyone,
Have you ever been amazed at how much stuff you actually have when you move? We have all seen cluttered houses that seem to be bursting at the seams with stuff, but you would be surprised at a new concepts called home density.
Many people get ready to move or relocate and find once they finish packing the obvious things they end up with box after box of stuff from what seemed like a small room. Many home owners are caught off guard by underestimating the amount of stuff they actually have. This is where home density come into play.
Home density means how much stuff is actually in your home regardless of how it looks. What many people don't realize is it doesn't have anything to do with clutter. As a matter of fact, a cluttered home might be less dense in stuff because it is not organized. The better organized a home is, the more stuff you can put in a space without it feeling like there is a lot of stuff. The result means that people may have a lot more stuff then they realize and when it comes time to pack they will be surprised.
Before you move, even when you put the home on the market, go through your home room by room and start both pack the nonessentials and make another pile of stuff to be sold on craigslist (a free local classified website in every city www.Craigslist.com ) or donated. If you start sorting, packin, and selling early you will not be overwhelmed by your home density.
For more tips on everything about buying and selling homes visit our Spokane Real Estate website or call us when it's time to buy or sell a home in Spokane Washington 509-362-1966
Hello everyone, market conditions and a struggling economy can seem like huge problems in our lives personally, but it's all about timing. In surfing the waves and power of the ocean can be overwhelming and you can really feel small out there, but the whole essence of surfing is learning to get above it all and let it work for you and not against you.
In this market there are great opportunities for both buyers and sellers. For buyers, there are more homes to chose from and the prices have come down. Financing is a little tighter but now is the time to make the move while everyone else is waiting.
Sellers, many may say this market is no good for sellers, but that isn't true. It's no good for sellers that don't have exceptional agents. When competition is tough and ther are lots of homes for sale. This can help you if you have an exceptional agent because your home will shine among the poorly marketed homes. You simply have to learn the rules of any market like learning to surf and you can thrive and excel in any market.
Call us to find out what we are doing differently than our competition to help people take advantage of this great time to buy and sell. 509-362-1966 or visit our world class Spokane Real Estate Website.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
This question is poping in the minds of many people right now with the economy the way it is and fears of unemployment. Sometimes people think of owning a home as a big commitment that is hard to get out of. Here are the two things to consider when comparing renting versus buying.
1. Commitment - You may think renting is like dating and buying is like marriage, but the fact is that renting comes with the commitment of a lease which you can not break. Home ownership comes with the option to sell at any time. Find the right agent and you will move it even in a slow market. Buy right and a great agent can sell high in low markets (OK insert TQ plug here).
Well, when free money is given out, it doesn't last long. Many Home buyers are getting off the fence and trying to find a home so they don't miss out on the $8000 Tax Credit. A push to get it extended hasn't yielded anything yet in congress so I would write an offer soon if you want to take advantage of it.
There are many homes to choose from right now and with very low interest rates, you may be kicking yourself for not buying right now if you have a chance to. Most people think it is a good time to buy when the market is up and are afraid to buy when the economy is down, but this means they will buy homes at high proces in good markets and have to hold on to them or sell them for a loss in bad markets.
In this slower market many people are lowering the prices to attract buyers. The question is, does lowering the price bring buyers. The answer is tricky.
In a active market lowering the price can attract buyers in your price bracket, and lowering the price to a different price bracket will also bring new buyers. The difference is that lowering the price in your price bracket, say 200-225k will make your home more attractive to buyers who have probably already seen your home but didn't have much interest. The first filter is will the home work for them, the second filter is how attractive is the price. Changing prices int he same bracket only helps you attract people who made it past the first question and then were turned off by the price.
OK, so we all know this market is tough for real estate, but people still have to buy and people still have to sell. Life moves on whether the housing market likes it or not. There are three key reasons that your home may not be selling in this market, and if you don't recognize them, you may end up going nowhere.
1. Your Agent - OK this one seems simple but you must realize, that in a competitive market, getting your home noticed among all of the other homes for sale that flood the streets comes down to marketing. If your marketing isn't making your home stand out, you will have to use price and with many homes on the market expect big losses if you hire an agent who can't market your home better than your competition.
Well, time moves forward and if you haven't heard of the first time home buyer tax credit, then where have you been. As we get closer to the Dec 1st Deadline, you should see more and more media about it. In an attempt to stimulate the housing market the Government is offering $8000 for first time home buyer's to buy a home.
If you qualify you can take advantage of the extra money to plan savings, make repairs, or to invest. It's a great incentive. To learn more and to see if you qualify visit the official website for more information.
Hello Everyone, Just a quick few tips for selling your home in Spokane Washington. Envirnmental concerns are growing as people are facing litigation from environmental issues related to buying and selling homes. Let's face the facts, most people who are buying a home for themselves or their family are going to be very concerned if there is a hazard that can cause them or their family health problems.
Solution... Disclose all you know, and really that is not enough to keep yourself safe. you may also want to look around your property for issues like a depressed area in your lawn may be an oil tank that you didn't know about. Tape around old heating pipes may have asbestos. You can get some inexpensive home testing kits for things like radon at your local hardware store.
Luxury Homes in Spokane Washington are piling up with over 570 luxury homes for sale in Spokane . Only 3. 8% are pending right now, meaning only 3 in every 100 for sale is currently pending. It doesn't have to be this way. Many people are listing the homes for almost a year with agents that might not have a great internet presence which is key to selling luxury homes in Northeast Washington.
102 of those homes are over $1,000,000. That means one fifth of the executive homes for sale are over a million. Only 1 of those homes is currenly pending and only 3 have sold in the last six months. It's importan to know the numbers and what they mean.
Well, If you haven't heard the Real Estate Market is not at its best I am not sure where you have been. It's not all doom and gloom as it is in different cities, but Spokane has had it bumps in the road. Increased inventory is good for buyers, and with the loss of the down payment assistance programs and much of the 100% financing, there are not as any buyers as we used to have.
What this means is that in high competition markets where the MLS is full of more homes than buyers, For Sale By Owners are feeing the pain. People have so many choices they aren't driving around looking for other homes. Not only that, but unless your FSBO (For Sale By Owner Home in Spokane) isn't priced better than what is now twice as many homes, then you simply do not exist as a choice like you did 3 years ago.
Many people get ready to move or relocate and find once they finish packing the obvious things they end up with box after box of stuff from what seemed like a small room. Many home owners are caught off guard by underestimating the amount of stuff they actually have. This is where home density come into play.
Hello everyone, market conditions and a struggling economy can seem like huge problems in our lives personally, but it's all about timing. In surfing the waves and power of the ocean can be overwhelming and you can really feel small out there, but the whole essence of surfing is learning to get above it all and let it work for you and not against you.
In this market there are great opportunities for both buyers and sellers. For buyers, there are more homes to chose from and the prices have come down. Financing is a little tighter but now is the time to make the move while everyone else is waiting.
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