Posts

Where Did Americans Move in 2017?

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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. Our team of Vantage Realty Professionals encourages you to experience the unparalleled value of Vantage Realty Pros by simply reaching out to us with your real estate dreams in mind. For more information, Visit: First Time Seller | Real Estate Expert NC

The Impact Staging Your Home Has on Sales Price

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Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging . 50% of staged homes saw a 1-10% increase in dollar value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room. For more information, Visit: First Time Seller | Real Estate Expert NC

4 Reasons to Sell This Winter

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Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your family to move on and start living the life you desire. For more information, Visit:  First Time Seller | Real Estate Expert NC

Existing Home Sales Slowed by a Lack of Listings

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Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016. NAR’s Chief Economist,  Lawrence Yun, had this to say:  “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.” For more information, Visit:  First Time Seller  | Real Estate Expert NC

Top 5 Benefits of Hiring a Real Estate Agent

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The  National Association of Realtors  (NAR) recently released their  2017 Profile of Home Buyers and Sellers  in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their real estate agents. If you are looking to buy in 2018, here are the top 5 benefits of using a real estate agent when buying your dream home as cited by recent buyers: 1. Helped the buyer understand the process – 60% If you are new to the home buying process, an experienced real estate professional can explain exactly what to expect during the entire transaction so you aren’t caught off guard. 2. Pointed out unnoticed features/faults with the property – 56% Whether it’s pointing out possible uses for an extra bedroom/office, or using their trained eye to see potentially disastrous hazards that may be hiding out of site, your agent is there to protect your interests and make sure your hom...

4 Reasons to Buy a Home This Winter!

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Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s  latest  Home Price Index  reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense. 2. Mortgage Interest Rates Are Projected to Increase   Freddie Mac’s  Primary Mortgage Market Survey  shows that interest rates for a 30-year mortgage have hovered around 4%. Most experts predict that rates will rise over the next 12 months. The  Mortgage Bankers Association, Fannie Mae, Freddie Mac  and the  National Association of Realtors  are in unison, projecting that rates will increase by this time next year. An increase in rates will impact YOUR monthly mortgage paym...

5 Reasons to Sell This Winter!

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Here are five reasons listing your home for sale this winter makes sense. 1. Demand Is Strong The latest  Buyer Traffic Report  from the  National Association of Realtors  (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home. Take advantage of the buyer activity currently in the market. 2. There Is Less Competition Now Housing  inventory  is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon. Historically, the average number ...