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Real Estate Cycles

April 16, 2014
The median price for single-family, re-sale homes continues to fluctuate in a narrow band between $415,000 and $470,000, as it has done since last March.

We are definitely in the recovery stage of this real estate cycle.

Other signs we are in the recovery stage are:

  • Declining foreclosures
  • Low inventory
  • Low mortgage rates
  • Increased building

I expect we will stay in this stage for the next few years. When the above signs start turning, we will probably be at or nearing the next peak in the market.

Some pundits are predicting the next peak in the market will happen around 2020.

One thing to keep firmly in mind, real estate is very local so what pundits say about the national real estate market may or may not correlate with what will happen in our local market.

To read the full report: http://chrisheller.rereport.com

The Real Estate Report provides an automatic, easy to use, property analysis feature, a mini-CMA. You can access it in the Property Analysis tab. Input your address and get a list of properties around yours that have recently sold or are currently listed for sale, all on an easy to read map.

What Is Title Insurance?

April 9, 2014
When you purchase a home, signing the title is a major portion of the sales and ownership process. A house’s title is the document that shows the rightful and clear ownership to a particular property. Buying a home is usually the largest purchase anyone will make in their lifetime and a risk at the same time. What happens if someone erroneously reports a clear title on a property that actually has liens or other matters against it? Does the new owner have to pay for those mistakes or risk being sued by a debtor against the property?

That’s where title insurance comes in.

For more daily real estate advice, whether you are selling, buying, or just thinking about it, follow Heller The Home Seller on Facebook, Twitter and our brand new Pinterest account.

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Top Four Spring Home Improvements To Make

April 2, 2014
All across the country, it seems that this winter has been an especially rough one. On the news, I saw that they were calling it a “polar vortex.” You know that a season was pretty bad when they took the time to come up with a nickname for it. Well, it looks like the polar vortex has finally passed and we are heading towards that always welcomed season — spring! Spring means that there are sunny days and warm, fresh air ahead of us, but it also means that there are home inspections and repairs that you may need to make, especially after such a rough winter.

For more daily real estate advice, whether you are selling, buying, or just thinking about it, follow Heller The Home Seller on Facebook, Twitter and our brand new Pinterest account.

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Keep Working

March 26, 2014

When you doubt yourself and your efforts, keep working. Your
creative energy, persistently applied, will soon make the
doubt go away.

When you’re simply not making any progress, keep working.
The breakthrough you seek may be just one more effort away.

When you’ve enjoyed a great success, keep working. Instead
of resting on your achievements, make them even more
meaningful by making good use of them.

When it feels like all your energy is drained, keep working.
Your determined efforts will create their own energy.

When you’re not sure what to do, keep working. The more you
do, the more you learn, and the more clearly you’ll be able
to see the way forward.

Life works best when you keep working at it. Keep working,
and keep making life truly amazing.
 
Chris Heller
_________________________
The Home Seller

Keller Williams Realty
Office: 760.632.8408
Cell & Fax: 800.800.2978

 

Oh, by the way, who do you know that we can help with buying or selling real estate?

Five Big Real Estate Mistakes

March 19, 2014
The process of buying or selling a home can be tedious and overwhelming. Things can either happen quickly or they seemingly take forever. There’s no predicting how it’s going to go for you before the process begins and no way around it once you’ve started. One thing I think that anyone involved would be in agreement with is that they want to have it run as smoothly and efficiently as possible, with the least amount of fumbles along the way, which is why we’ve provided this list of mistakes to help you know what to look out and be prepared for.

For more daily real estate advice, whether you are selling, buying, or just thinking about it, follow Heller The Home Seller on Facebook and Twitter.

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3 Important Questions To Ask When Buying Your First Home

March 12, 2014
In most cases, a house is the largest purchase that anyone will make in a lifetime. Really, the only purchases that might be considered bigger are if you were to buy a luxury cruise liner or a small country… and if you’re in a position to buy one of those, you probably don’t think that you need this advice, but you should read it anyways. The first time that you spend hundreds of thousands of dollars can be a pretty scary thing when you think about it and, even if you’re wealthy, no one wants to make a mistake in this huge endeavor. Who wants or likes to waste money? That’s why we’re here to help you through the entire process.

For more daily real estate advice, whether you are selling, buying, or just thinking about it, follow Heller The Home Seller on Facebook and Twitter.

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5 Things That Every Homeowner Should Know How To Repair

March 5, 2014
Anyone who has ever owned a home, or even knows someone who owns a home, is aware that repairs are a constant and continuous part of the deal. It’s not that you’re cursed or a higher power is out to get you, sometimes things just get old and break. No matter how good a job was done originally or how high-end a product it was that you purchased, there’s a finite amount of time that it’s going to last. Occasionally, some of these jobs are going to require that you hire a professional to do the work, but there are definitely everyday repairs that a homeowner should know how to do in a pinch. Plus, it will save you some money.

For more daily real estate advice, whether you are selling, buying, or just thinking about it, follow Heller The Home Seller on Facebook and Twitter.

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