The top reason homeowners cited for not listing their home for sale in 2018, was their belief that they would be unable to find a home to buy. After 3 years of declining inventory for sale, we’re finally starting to see more listings come to market! Let’s get together to chat about what this means for our market!
If you plan on buying a home this year, it doesn't make sense to wait! Mortgage interest rates and home prices are both projected to increase significantly throughout 2019. Let's get together to discuss your home buying plans today!
During 2018, home values increased nationally by over 5%! If you are planning on selling your home in 2019 you may be pleasantly surprised by how much your home has appreciated! Every market is different. Let's get together if you are curious just how much your home has gone up in value! Call me, Steve Coover, at 717-552-8340. You can text that number or email me at firstname.lastname@example.org.
Whether you're buying or selling a home, the transaction can be a bit overwhelming. Working with a real estate professional who understands your market can make your life that much easier! Let's get together to discuss your plans to buy or sell in 2019!
Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes. Here are 5 powerful reasons why waiting until after the holidays to sell your home probably doesn't make sense. Let's get together today to discuss how we can market your home this holiday season!
As a homeowner, there are many things to be thankful for. For example, as home values increase, so does your family's wealth. If you're interested in finding out all the benefits of homeownership, let's get together!
Pretend that YOU can afford a home with Zillow...Funny!
Check out the list. The Top 10 reasons you need to call JALEX Real Estate Services to help you sell your home.
who else needs our help? Call today and let us help you with your Shippensburg real estate needs. 717-477-9326
The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
Steve Coover's Shippensburg real estate market stat's for February 2018
Steve Coover's Shippensburg real estate market stat's for March 2018
We all like saving money but here are 3 things you need to know if you're going it on your own. 1. Studies prove hiring an agent to help you sell your home will result in a higher sales price. 2. It is no secret that hiring a real estate agent to help you sell your home will expose your home to A LOT more potential buyers. 3. Hiring a real estate agent to help you sell your home reduces time and stress. Just make sure that you choose the RIGHT real estate agent. As a Shippensburg real estate expert I have the time, experience, and flexibility to ensure your success. So if you need to move, you need to CALL JALEX. Give me a call and let's see how I can best be of service.
Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.
Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
You'll need more help than ever searching for and finding your new home in this market. Give us a call and put us to work helping you search for, locate, and purchase your perfect Shippensburg area home!
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 4% or more over the next twelve months. One major challenge in such a market is the bank appraisal.
Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report.
Some Highlights: Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017. Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington. The ‘outbound’ states seem to draw a line straight across the country from Connecticut to Wyoming.
It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.
The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.
CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.
According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.
Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.
How's the market? That's the number 1 question everyone who works in real estate is asked. What separates good real estate agents from the rest is their ability to answer this question accurately, thoroughly and honestly.
Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick a professional who knows your local market and can help you achieve your dreams!
What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s fundamental value, but the real key for detecting a bubble is speculation…Speculation tends to chase appreciating assets, and then speculation begets more speculation, until finally, for some reason that will become obvious to all in hindsight, the ‘bubble’ bursts. I have taken to calling the housing market a ‘bubble’.” – Bill McBride of Calculated Risk calling the bubble back in April 2005
We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.
In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.
Owning a home has great financial benefits, yet many continue to rent!
The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.
The scoop on this cool new look.