Article from the Realtor Magazine
Wednesday, January 25, 2012
Friday, January 20, 2012
The Year Ahead: Real Estate’s Best Bets in 2012
The Year Ahead: Real Estate’s Best Bets in 2012
News article from Realtor Magizine that's worth a quick read.
Thursday, January 19, 2012
Just Listed! Price: $169,900 | Address: 9610 Dominion Forest Circle | Beds: 3 | Baths: 2/1 | Sqft: 0 | LotSize: 0.043113
This is "A Really Nice" 3 level Townhome complete with Granite Counters, Hardwood Floors on the main level. Stainless Appliances, New Interior Paint, Recently Replaced Carpet, 2.5 baths. Conveniently located near shopping, new hospital, I-95 and more! Come take a look ~ Regular Sale! This one will not last!
SP7756087
Wednesday, January 4, 2012
Home Sales Are on the Rise
Low home prices and mortgage rates combined are pushing home affordability to record levels nationwide and YES, Home buyers are taking advantage!The Pending Home Sales Index rose 7 percent in November which is the highest level since April 2010.
The Pending Home Sales Index is published monthly by the National Association of REALTORS®. It measures homes under contract nationwide, but not yet “sold”.
According to the National Association of REALTORS®, more than 80% of homes that are under contract will close within 60 days.
Housing data such as the Existing Home Sales report and the New Home Sales report “look backwards".
November is the second straight month in the rise of Pending Home Sales improvement. The housing market made big gains of 10 percent in October 2011.
The good news is each part of the country showed an increase in homes under contract! :)
Reports like the Pending Home Sales Index are helpful in showing national trends, but it is important to watch the data on your local level as the volume of homes that go under contract will vary by locality.
If you or someone you know are interested in discussing buying or selling a home I will be happy to help you. It's what I do!
Eunice Waller
Prudential Simpson & Assoc.
540-842-1061 (call or text)
"Working Together Great Things Can Happen ~ Helping Families Since 1984!"
Monday, December 26, 2011
Happy Holidays
As we come to the end of another year, I pause to give "THANKS TO YOU", my customers, for your support, encouragement and friendship. Because of YOU it has been another successful year! As we take time to celebrate with family and friends, may the spirit of the season fill your heart and home with overflowing joy and may you and your family be blessed in the New Year with health, happiness and good cheer! Thank you!Your Realtor ~ Eunice
Tuesday, December 20, 2011
Sunday, December 11, 2011
Stay Tuned...
This wonderful home is coming on the market this week! It is a lovely, well maintained home with gorgeous landscaping, fully finished walkout basement, sunny sunroom, delightful Master Bedroom with Deluxe Master Bath, hardwood floors and much much more! Plus it's located in a sought after convenient N. Stafford location!
Stay Tuned for more photos and all the information later this upcoming week!
Eunice Waller
Prudential Simpson & Assoc.
540-842-1061
"Working Together Great Things Can Happen ~ Helping Families Since 1984!"
Stay Tuned for more photos and all the information later this upcoming week!
Eunice Waller
Prudential Simpson & Assoc.
540-842-1061
"Working Together Great Things Can Happen ~ Helping Families Since 1984!"
4 Riva Ridge Stafford VA 22556
Great Opportunity!
Fabulous Home on almost 4 Ac. In Prestigious SEVEN LAKES
MRIS ST7702569
JUST REDUCED TO ~ $475,000 ( 1/5/2012)
Almost 6000 sq. ft.
Brick front, 3 car side entry garage, hardwood & ceramic tile floors, fireplace, gourmet kitchen with granite and cooktop, deck & patio, 4 bedrooms, 4.5 baths and so much more to enjoy! I think you are going to love this home!
Eunice Waller
Prudential Simpson & Assoc.
540-842-1061
"Working Together Great Things Can Happen ~ Helping Families Since 1984!"
Fabulous Home on almost 4 Ac. In Prestigious SEVEN LAKES
MRIS ST7702569
JUST REDUCED TO ~ $475,000 ( 1/5/2012)
Almost 6000 sq. ft.
Brick front, 3 car side entry garage, hardwood & ceramic tile floors, fireplace, gourmet kitchen with granite and cooktop, deck & patio, 4 bedrooms, 4.5 baths and so much more to enjoy! I think you are going to love this home!
Eunice Waller
Prudential Simpson & Assoc.
540-842-1061
"Working Together Great Things Can Happen ~ Helping Families Since 1984!"
Wednesday, October 12, 2011
Great Article by Realty Times...Worth Reading
Don't Misjudge a Property by Its Street Face
September 20, 2011 -- Realty Times Feature Article by PJ Wade
For real estate buyers, the process of purchasing a home, or cottage, can be overwhelming. Many purchasers, particularly first-time or first-time-in-a-long-time buyers, are relieved that at least part of the process is easy—viewing properties. That's where they make a big mistake.
It seems easy.
Look at a house from the street, and you either like it or you don't.
Walk through a house or condominium in 30 minutes or less, and you either love it or hate it.
Pretty presumptuous. Without specific construction knowledge and an eye for interior design—and in less time than typically spent picking out new clothes—buyers decide where to invest hundreds of thousands of dollars which they usually have to borrow. After one brief viewing, do you know that particular house, townhome, condominium unit, or recreational property well enough to know "This is it"?
The odd thing is that buyers know they can be tricked.
There are enough makeover television shows, websites, and publications making millions doing just that. The "before" picture is a dump. The "after" picture is stunning. Usually, it's just paint, nicer furniture, and talented interior design that makes the difference that buyers pay for.
Smells are a big turn off, yet buyers know that if smell-cancelling products had been sprayed around, the place would smell sweet, but they still pass on a chance for a sweet price.
Bad decorating or sloppy housekeeping generates "I couldn't live here" reactions. Yet, buyers are not moving in with the seller, furnishings and decor intact. Viewing a property means imagining your own furniture and decor in place of what's there now. Won't be long before a program or app will allow buyers to do exactly that with each potential buy. Until then, forget whether you'd want to live with the sellers, and concentrate on placing your personal stamp on the property to test its home-worthiness.
Logically, TV's demonstrated cosmetically-induced increase in real estate value should have buyers searching for money-saving "before" real estate. Instead, an industry has been carved off the real estate profession—staging—to superficially transform the saddest "before" real estate into a stunning "after." Buyers now willingly pay more (that's really borrow more) to view and buy an "after."
Real estate professionals are always ready to help buyers see genuine value in a "fixer upper," which often just need new paint and an up-dated look. Their training and experience has taught real estate professionals to first appraise properties by location and quality of construction. Then they add on or subtract the elusive amount that represents market appeal, or the lack of it, to arrive at market value.
While interest rates remain low, buyers continue to search for their "dream home." As interest rates rise and economies tighten, the drive for a "real buy" may overtake the bedazzled-style of buying. The uncertainty of investment markets will also place the emphasis on buying substance which will steadily appreciate in value over time.
If you decide to search out a great "real buy," there are a few of PJ's Smarten UP tips to keep in mind:
Virtual tours can reveal traffic flow problems and unappealing features, but they should not be a deciding "no view" factor if the location is ideal and the price affordable.
Curb appeal may get you in, but a property's bad street face should not keep you out when the location is great. If fewer people see the inside, competition will be lower. The property may be on the market longer, so the property owners more flexible. If curb appeal is lacking, when you're the owner you'll make money by adding value to the exterior.
Major structural issues like sagging beams and "in the way" bearing walls will cost money, so arrange professional estimates to back up an offer that reflects the costs ahead.
Plumbing and electrical work are a another expense. Knob and tube wiring may not be insurable, so be sure home inspectors know their job and are thorough. Too many times, electrical service has been doctored to look as if knob and tube has been removed, but it was merely patched with new wiring in visible places.
Particularly in southern Ontario, termites are increasingly a problem. Not discussed openly, there are specific areas of Toronto and other communities where termites flourish and they aren't going away. The key is protecting your property by treating the soil regularly. Is a great location worth that to you?
Do not look at furnishings or colour choices, especially great ones. Problems can be hiding under cosmetics. Anything newly-done should be examined closely. Watch makeover shows to see "what" will hide "what."
Viewing potential real estate is just as complex as every part of buying. Whether or not you love the real estate's street face, give it a good going over if the location and price are right for you. It's not what you see but what you know about real estate that make it and you valuable.
For more of PJ's Smarten UP Buying Tips: 10 Tips for Those Who Have Decided to Buy
--------------------------------------------------------------------------------
© Copyright 2011 Realty Times. All Rights Reserved.
Republication or redistribution of Realty Times content is expressly prohibited without the prior written consent of Realty Times . Realty Times shall not be liable for any errors or delays in the content or for any actions taken in reliance thereon.
Updated 27-Sept-2-11
Internet Privacy Policy and Internet Terms of Use
© 2003-2011 Prudential Financial, Inc. and its related entities. Prudential Real Estate brokerage services are offered through the independently owned and operated franchisees of Prudential Real Estate Affiliates, Inc., a Prudential Financial company.
-----------------------------------------------------------------------------
September 20, 2011 -- Realty Times Feature Article by PJ Wade
For real estate buyers, the process of purchasing a home, or cottage, can be overwhelming. Many purchasers, particularly first-time or first-time-in-a-long-time buyers, are relieved that at least part of the process is easy—viewing properties. That's where they make a big mistake.
It seems easy.
Look at a house from the street, and you either like it or you don't.
Walk through a house or condominium in 30 minutes or less, and you either love it or hate it.
Pretty presumptuous. Without specific construction knowledge and an eye for interior design—and in less time than typically spent picking out new clothes—buyers decide where to invest hundreds of thousands of dollars which they usually have to borrow. After one brief viewing, do you know that particular house, townhome, condominium unit, or recreational property well enough to know "This is it"?
The odd thing is that buyers know they can be tricked.
There are enough makeover television shows, websites, and publications making millions doing just that. The "before" picture is a dump. The "after" picture is stunning. Usually, it's just paint, nicer furniture, and talented interior design that makes the difference that buyers pay for.
Smells are a big turn off, yet buyers know that if smell-cancelling products had been sprayed around, the place would smell sweet, but they still pass on a chance for a sweet price.
Bad decorating or sloppy housekeeping generates "I couldn't live here" reactions. Yet, buyers are not moving in with the seller, furnishings and decor intact. Viewing a property means imagining your own furniture and decor in place of what's there now. Won't be long before a program or app will allow buyers to do exactly that with each potential buy. Until then, forget whether you'd want to live with the sellers, and concentrate on placing your personal stamp on the property to test its home-worthiness.
Logically, TV's demonstrated cosmetically-induced increase in real estate value should have buyers searching for money-saving "before" real estate. Instead, an industry has been carved off the real estate profession—staging—to superficially transform the saddest "before" real estate into a stunning "after." Buyers now willingly pay more (that's really borrow more) to view and buy an "after."
Real estate professionals are always ready to help buyers see genuine value in a "fixer upper," which often just need new paint and an up-dated look. Their training and experience has taught real estate professionals to first appraise properties by location and quality of construction. Then they add on or subtract the elusive amount that represents market appeal, or the lack of it, to arrive at market value.
While interest rates remain low, buyers continue to search for their "dream home." As interest rates rise and economies tighten, the drive for a "real buy" may overtake the bedazzled-style of buying. The uncertainty of investment markets will also place the emphasis on buying substance which will steadily appreciate in value over time.
If you decide to search out a great "real buy," there are a few of PJ's Smarten UP tips to keep in mind:
Virtual tours can reveal traffic flow problems and unappealing features, but they should not be a deciding "no view" factor if the location is ideal and the price affordable.
Curb appeal may get you in, but a property's bad street face should not keep you out when the location is great. If fewer people see the inside, competition will be lower. The property may be on the market longer, so the property owners more flexible. If curb appeal is lacking, when you're the owner you'll make money by adding value to the exterior.
Major structural issues like sagging beams and "in the way" bearing walls will cost money, so arrange professional estimates to back up an offer that reflects the costs ahead.
Plumbing and electrical work are a another expense. Knob and tube wiring may not be insurable, so be sure home inspectors know their job and are thorough. Too many times, electrical service has been doctored to look as if knob and tube has been removed, but it was merely patched with new wiring in visible places.
Particularly in southern Ontario, termites are increasingly a problem. Not discussed openly, there are specific areas of Toronto and other communities where termites flourish and they aren't going away. The key is protecting your property by treating the soil regularly. Is a great location worth that to you?
Do not look at furnishings or colour choices, especially great ones. Problems can be hiding under cosmetics. Anything newly-done should be examined closely. Watch makeover shows to see "what" will hide "what."
Viewing potential real estate is just as complex as every part of buying. Whether or not you love the real estate's street face, give it a good going over if the location and price are right for you. It's not what you see but what you know about real estate that make it and you valuable.
For more of PJ's Smarten UP Buying Tips: 10 Tips for Those Who Have Decided to Buy
--------------------------------------------------------------------------------
© Copyright 2011 Realty Times. All Rights Reserved.
Republication or redistribution of Realty Times content is expressly prohibited without the prior written consent of Realty Times . Realty Times shall not be liable for any errors or delays in the content or for any actions taken in reliance thereon.
Updated 27-Sept-2-11
Internet Privacy Policy and Internet Terms of Use
© 2003-2011 Prudential Financial, Inc. and its related entities. Prudential Real Estate brokerage services are offered through the independently owned and operated franchisees of Prudential Real Estate Affiliates, Inc., a Prudential Financial company.
-----------------------------------------------------------------------------
Tuesday, September 20, 2011
Subscribe to:
Posts (Atom)