Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

July 16, 2019

Mortgage Rates Holding at Two Year Low

Mortgage rates have been hovering at a two year low, and 3.75% for the month of July. They had previously predicted the rates would surge to 5% by the middle of 2019, which continues to make it an ideal time for potential buyers and investors to finance real estate. The fluctuation in mortgage rates could mean the difference in a three or four bedroom home or your dream neighborhood and school district. View our article 12 Questions To Ask Your Real Estate Professional 

June 19, 2019

Asking Price

When deciding on an asking price for your home or property, looking objectively is crucial to your success. Starting with a credible basis for evaluating your homes market worth; your agent should offer you a detailed market analysis for this purpose. If your home has recently expired ask yourself "why wouldn't I have bought it?" and how do these factors compare to your home and asking price. Also, looking at your competitors and other homes in your area gives an immediate perspective on your local market. Draw a bottom line price from all pertinent information and ask your agent to provide you with a sellers net sheet with various amounts calculated. This will show you clearly your closing costs and anything else effecting the bottom line, and allow you to see the true net you will receive from each varying offer. 

Posted in Asking Price
May 29, 2019

Success Before You Go Back On The Market

If your property has recently expired consider these helpful steps before placing it back on the market.

  • Find an agent with a better marketing plan, not all agents are alike and neither are their strategies.
  • Step back and look at your house, maybe it needs a new look?
  • Prepare answers for questions about utility costs, taxes and insurance and have statements available for potential buyers.
  • Hire a professional home inspector, it provides the buyer with piece of mind.
  • Calculate costs of any large items in need of repair or replacement.
  • Collect all warranties, and manuals pertaining to your home, and have them available for viewing.
  • Prevent problems and lesson your worries by locking up all valuables.
  • Switch out personal items now.
  • Be critter cautious, take pets with you when showing.
  • Remember the reason for selling, and look forward instead of back.

 

May 9, 2019

Questions To Ask Your Real Estate Professional

Finding the perfect realtor to meet all of your real estate and investment needs can be a complex decision, and with that there are a few key questions to ask before making your final choice.

  • Are you a full time professional?
  • Do you provide a guarantee of service?
  • What is your average DOM (days on the market) per listing sold?
  • May I have a copy of your marketing plan?
  • May I see your resume?
  • How many homes have you sold?
  • How do you communicate with sellers and how often?
  • What is your working relationships with other professional's in your filed?
  • Where do you advertise and how often?
  • Will you hold an Open house?

 

April 17, 2019

Perfect Time To Buy

National rental prices have increased 3.7 percent in the month of March; making that almost as high as last years total  which was 3.6 percent. Shasta County has had a total increase of 6 percent in the last 3 years, which put the average median rental price at $1407 and growing faster then the hourly wage. Even with the surge in prices, waiting lists are not uncommon because of the lack of available rentals. The Federal Reserve has signaled that they will not raise interest rates in 2019 making it the perfect time to buy.

April 1, 2019

10 Reasons My Property Listing Expired

When a property does not sell during its first listing on the market, it could be caused by a few preventable factors. 

  • Wrong Agent for your particular home and needs: Not all agents are equally effective in selling your home, find one that fits your needs and real estate goals.
  • Lack of communication by an agent with other relators: Not all agents are pro active in utilizing all means available to sell your home.
  • No staging done
  • Over pricing: Today, with so many tools at the buyers fingertips they are able to readily compare perspective homes.  Allowing them to discern which home gives them the best bang for their buck. They do this without prejudice, leaving overpriced homes on the market.
  • Not being able to accommodate showings
  • Discounting potential buyers feedback: Often taken as criticism, feedback can be extremely helpful and used to your advantage.
  • Adjustments: The market will speak, be flexible when necessary.
March 8, 2019

Outdoor Eye Catching Tips

Success is in the details. Here are a few eye catching tips, to help engage potential buyers before they even open the door. 

  • Make sure your address is easy to see. Consider shiny new house numbers.
  • What "frames" the entrance? Look at your house from across the street.
  • Put a fresh coat of paint on the door and clean all eves.
  • Find a new attractive door knob.
  • Put out a new welcome mat.
  • Let light lead to your door! Well placed lighting says "welcome home".
  • Foliage must accent not overwhelm or hide your home, so trim back.
  • Store all toys, bikes lawn equipment away.
  • All outdoor furniture must be inviting and clean.
  • Mow and water lawn 30min before showing.
  • Leave easy parking for buyers!
Feb. 6, 2019

Selling Your Home in the Winter

With the average home price in Shasta County being $320,000 for January, choosing to list your home now can work to you advantage in more ways then one. While Spring is still the hottest home buying season, serious home buyers are always on the lookout. Conveniently checking out the latest listings online from the comfort of their home. Buyers do the bulk of their home searches online, and that's especially true when the weather outside is not so cheerful. Come spring sellers will flood the market and your home will be just another fish in a great big pond. But, right now you've practically got the market to yourself. Its easier to make your house feel like a home in the winter time, and nothing says welcome quite like walking out of the cold into a nice warm cozy house.

Here are a few tips for setting the buying mood:

-Keep it simple. Decorations should accent, not over power a room. Think less is more.

-Crank up the cozy. Light a fire, play soft music, and prepare fresh baked goods or mulled cider for guest.

-Shine a light outside. Winter days get dark early, brighten your home's exterior with outdoor spot lights.

 

 

Dec. 2, 2018

10 Reasons to Have a Real Estate Agent Help You Sell Your Home

Selling or buying a home is a big decision; and the more informed you are about the process and current market, the smoother it will be. Having an agent that you trust and insider knowledge of local neighborhoods makes it easy and stress free for you. Another benefit of having and expert walk you through the process is visibility. It is our job to make your property visible for all potential buyers, and the broadest way to get your home viewed is the MLS, which we access and utilize. The Multiple Listing Service (MLS) is a database for all homes for sale, making your home instantly available to agents all across your area.

CLICK HERE to view 10 Reasons to Have a Real Estate Agent Help you Sell Your Home

Oct. 16, 2018

My Ideal Real Estate Professional

A good Real Estate Agent is the bridge to your property and investment dreams. Finding someone that is knowledgeable and personally compatible with you while also understanding your vision, is essential to your real estate success. A local expert in communities and neighborhoods is a major benefit that a seasoned agent will be able to provide.

CLICK HERE to view My Ideal Real Estate Professional