Archive for category Home Sellers
Case-Shiller: Home Price Index – May 2010
Posted by Kathy Landstra in Home Sellers, Real Estate Data on July 27, 2010
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The monthly Standard & Poor Case-Shiller Home Price Report was released today (July 27th) for May 2010. After two months of declines in February and March, we are now on a new rising trend for April and May. It sure seems that we have created a basis for grwoth from here. You can find more information about the most recent Standard & Poor’s Case-Shiller report at these links: |
Assessed Value vs Market Value
Posted by Kathy Landstra in Home Buyers, Home Sellers, Real Estate on June 24, 2010
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Courtesy Billie Hara via Flickr |
In some cases there is much discussion, hand-wringing and consternation about the Assessed Value vs. Fair Market Value of a home during the selling/buying process. It’s interesting that sellers would want a low assessed value while living in the house (lower tax bills) but then would appreciate a higher assessed value when listing their home with me. Knowledgeable Real Estate Agents will always try to coach buyers and sellers to understand that the correlation between Assessed Value and Fair Market Value is very loose – at best. To help explain and offer further insight, you may find this article about Assessed Value vs Fair Market Value from a REALTOR in Massachesetts interesting. |
Home Buyers Seek Perfect Deal
Posted by Kathy Landstra in Home Buyers, Home Sellers, Real Estate on June 20, 2010
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Home buyers are becoming more demanding as the real estate market is returning to the “pre-tax-credit” envrionment. When the tax credit was in effect there was some feeling that sellers were being stubborn — thinking and positioning that buyers were getting the credit — why should the seller reduce the price or otherwise negotiate further. Now, with the expiration of the tax credit, buyers are re-asserting their leverage. According to an article by The New York Times: “Exacting buyers are upending the battered real estate market, agents and other experts say, leading to last-minute demands for multiple concessions, bruised feelings on all sides and many more collapsed deals than usual.” You can have direct access to the complete New York Times article by clicking here. |
9 Decor Trends to Skip
Posted by Kathy Landstra in Home Sellers, Real Estate on June 13, 2010
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Photo courtesy |
From [the nest] and re-printed on msn.com, here are nine home decorating trends that you should consider skipping:
If you would like to see the discussion on msn.com click here. |
New Listing in Indian Hill!
Posted by Kathy Landstra in Cincinnati Real Estate, Home Sellers on June 12, 2010
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Listed by: Kathy Landstra |
Great Indian Hill Location7775 Calderwood Lane Unique opportunity in Indian Hill neighborhood. House is situated on a beautiful 3 acre lot on quiet cul-de-sac. Neighborhood is in convenient location to schools, shopping and highways. Large rooms and nine-foot ceilings provide great opportunity for you to customize. |
Spring and Summer Maintenance Tips
Posted by Kathy Landstra in Cincinnati Real Estate, Home Sellers on June 10, 2010
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From the National Association of REALTORS® and their houselogic.com website, a look at some home maintenance tips for the summer months. Click on the video segment to the left, or you can read the article on the houselogic website by clicking here. Key home maintenance items include:
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Affordable Ways to Make a Home Look Expensive
Posted by Kathy Landstra in Home Sellers on June 3, 2010
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Photo courtesy stetted via Flickr |
Stephanie Decker, a professional property stager in Mill Valley, California, recently published and article in NAR’s Styled, Staged & Sold internet magazine that presents five ways to affordably bring expensive to any staging project. Stephanie’s ideas include:
If you like to see the complete article please follow this link. |
Avoid that Pre-Listing Inspection
Posted by Kathy Landstra in Home Sellers, Real Estate on May 17, 2010
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Photo Courtesy: homeinspectioncarolina via Flickr |
According to the the Wall Street Journal’s in-house real estate expert you really should avoid the Pre-Listing Inspection. June Fletcher, writer for the Journal, believes that the Pre-Listing inspection could provide you with too much information about the condition of your property and force you to disclose flaws that might wait until the potential buyer conducts their own inspection. By waiting for an inspection you can manage your negotiating position and still honestly list your home. Ms. Flectcher offers more advice and insight into the pre-lisitng inspection issue with this article. |
Housing market diagnosis: Bipolar
Posted by Kathy Landstra in Home Buyers, Home Sellers, Real Estate on May 17, 2010
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At least, that’s what CNNMoney.com has to say in their recently published article. With the Federal Tax Credit for home buyers behind us the big question is: What happens to homes sales in the coming months. According to the article “Bipolar” is an apt desciption for the most recent predictions. “On one hand, sales and prices are rising, indicating recovery. On the other hand, so are interest rates and repossessions, which most certainly do not.” The good news is that while we do see some of the foreclosures/repossessions here in northeast Cincinnati, our marketplace is not overcrowded by the national trends in these areas (i.e., repo’s). The numbers show that our local area has been somewhat insulated from the national scene, but we have not been wholly immune. In other words, do we face challenges? Yes. Are there still great opportunities for home buyers and home sellers here in our metorpolitan area? Yes. |
Advice for Home Sellers
Posted by Kathy Landstra in Home Sellers on May 1, 2010
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Photo Courtesy: pinroy_artist via Flickr |
The Boston Globe offers advice for home sellers. The list includes:
You can see the complete article by clicking this link. |
New Listing in Indian Hill
Posted by Kathy Landstra in Cincinnati Real Estate, Home Sellers on April 30, 2010
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Listed by: Frank Kuhn and Kathy Landstra |
Affordable in the Village!7420 Indian Hill Road Affordable Indian Hill home. Older home but with plenty of character, a beautiful setting, and great potential. This is a MUST SEE if you want to be in the Village. |
5 ‘Hip’ Ideas for Do-it-Yourself Staging
Posted by Kathy Landstra in Home Sellers on March 3, 2010
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The website Styled, Staged & Sold by REALTOR Magazine presents five “Hip Tipz” from professional stager Charlene Storozuk of DEZINGERDIGZ. Take a look. Some of these offer interesting ideas for a spring DIY project — no need to stage for a move! |
A preview of Charlene’s ideas:
You can view the complete report and the last two ideas by visiting the online article here. |
Ten Inexpensive Ways to Wow Buyers
Posted by Kathy Landstra in Home Sellers on January 27, 2010
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From the REALTOR Magazine Website: Now is the time for home owners contemplating a spring sale to spruce up their properties in anticipation of what Mike Larson of Weiss Research calls a potentially vibrant home-selling season. “If you have been beating your head against a wall, this is going to feel a lot better,” he jokes. You can see the entire article by following this link to REALTOR.org |
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Click this link to access the full text article on the U.S. News & World Report website. |
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Home Selling Tips for 2010
Posted by Kathy Landstra in Home Sellers on January 7, 2010
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Forbes recently published their list of tips for selling your home during 2010. According to Forbes, one of the best ideas is listing your home earlier than in more traditional years. |
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In their accompanying article “The Best Time of Year to Sell a Home”, Forbes discusses the various factors that are affecting the residential real estate market, and Forbes makes a case that the Spring of 2010 will be most effective for listing residential real estate. Of course, well known factors affecting the market today could vibrate and change very rapidly. These include interest rates, the federal tax credit, job security, home prices, unemployement, and general public sentiment. While not in-depth, these articles from Forbes do offer updated information for early 2010. |
Forbes 2010 Home Selling Ideas
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Staging Your Home for the Holidays
Posted by Kathy Landstra in Home Sellers on December 13, 2009
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Helpful ideas from HGTV’s FrontDoor website for listing, staging and selling your home during the holidays. Here’s a summary of their seven ideas, but visit the FrontDoor website to see the full slideshow and narrative.
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What is a Home Warranty?
A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract.
What is a Short Sale?
If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. A short sale is different from a foreclosure, which is when the seller's lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure.
