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Results For Tag: home

Don’t buy the cheapest house!

August 6, 2013 |  Article By :   | 

dollar signThe trend these days is to get “a deal” and buy the cheapest house when you buy, but is that the right mind set? How about stretching your finances to buy an expensive home? What do you need to think about before you decide how much to spend?

What are some reasons to buy a more expensive home?

  • You haven’t really figured out what you can afford and you simply go with the top number your banker gives you
  • You lived in a cramped place now, and you want to move into a house where you can grow and stay in forever so you buy a home much bigger than what you need
  • You are trying to compete with the homes of your family members and friends that are pretty well off financially
  • You feel pressured to buy an expensive home

Why might I be a good idea to stretch your finances and not buy the cheapest home?

  • The cheap home needs lots of expensive repairs like a roof and/or siding
  • The cheap home is not energy efficient
  • It is in such poor condition, making repairs is not worth the money or effort
  • It may not be in a desirable location
  • You won’t be able to get your money back when you sell it

In the end a mix is probably the best bet. No matter what house you buy, it will be a big expense, so make sure that the house you choose is something you can afford over the years, not just the day you buy it – meaning, take into consideration repairs, maintenance and utilities over time. Sometimes, the cheapest house will end up being the most expensive in the long run!

Home Size Is Decreasing

August 2, 2013 |  Article By :   | 

Have you noticed that new homes being built are getting smaller and so are the lot sizes? The days of the McMansion are over and people are getting a bit more sensible. Smaller homes make sense for so many reasons. Take a look at the infographic below for some interesting information. Double click to enlarge the graphic.

declining house size

Why You Should Sell Now

July 19, 2013 |  Article By :   | 

9043039_sMany homeowners are wondering, “Why sell now”? If the market is getting better shouldn’t we wait? Right now is a great time to sell for many reasons. Some of the better reasons are:

  • Sales prices have increased 14.5% in the past year, so you will get more for your home.
  • Traditional homes sold in just 68 days for 97.7% of their original list price in June 2013.
  • Interest rates are on the rise, right now they are at around 4.5%. The higher they go, the less home buyers can afford.
  • Inventory is still very low but starting to increase slightly. There are 17.2% fewer homes for sale than in June 2012 but 17.4% more than in January 2013.
  • School will be starting again soon and many buyers want to be moved in before the new school year starts, so they need to buy now.

If you are on the fence about selling your home, contact me for a no obligation discussion. Your home may be worth more than you think and I can help you decide if now is the right time for you to sell your home or not!

Just Listed 9497 Hames Avenue South

July 12, 2013 |  Article By :   | 

a front of home2Just listed 9497 Hames Avenue South in Cottage Grove! This is a well maintained, move in ready home with three bedrooms, two full baths, a three car garage all on a nice flat .29 acre lot! I will be holding an open house on Sunday, July 14th from 3-4:30pm.  Stop by to see this home – it won’t be on the market long! Click here for more information.