“Chad sold my house in one day! He also helped me with the process, he gave me advice on how to best sell my house on whether or not to do that by owner, what type of financing to request, he put me in contact with a real estate attorney. He sold my house in one day and helped me do all of this stuff, so I think he did pretty darn good!”
What Should Be on Our 2017 Curriculum?
In 2017, we will offer a free curriculum to our clients to educate them on the real estate industry. What do you want to learn more about?
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In 2017, we will offer a free, educational curriculum for our clients. Today, I’m reaching out to you to see what topics would be the most helpful.
What do you want to learn more about?
So far, people have expressed interest in learning more about:
- Investing in real estate. What strategies are available? Should you flip homes or invest in long-term holds? What are the tax consequences?
- Vacation rentals.
- Getting ready to sell your home. What improvements do you need to make? Which improvements should you avoid?
- What is the home building process like?
- What should first-time buyers expect? What loan programs are available? When should you start looking at homes?
In the meantime, if you need any help reaching your real estate goals, just give us a call or send us an email. We would be happy to help you!
Join Us to Learn All About Real Estate Investing
We want to invite you to our first educational series, Real Estate Investing 101!
Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.
One of the topics we’ve found our clients are most curious about is real estate investing. So, we’ve decided to put on our first educational series called Real Estate Investing 101.
Our first Real Estate Investing 101 course will be taking place on Wednesday, February 22nd from 5:30 p.m. to 7 p.m. at our Keller Williams office located in University Place.
Join us for our educational series, Real Estate Investing 101!
We will be providing dinner for you from 5:30 p.m. to 6 p.m. and will get into the content from 6 p.m. to 7 p.m, which we refer as the Hauer Power Hour!
If you or anyone you know would be interested in this event, you can RSVP here. I hope you can join us for our event!
If you have any other real estate questions, that’s what we’re here for, so don’t hesitate to reach out with a quick phone call or email. We look forward to connecting with you soon!
What’s Happening in the Pierce County Real Estate Market?
As you will see by the numbers, most of the price ranges within the Pierce County real estate market favor sellers.
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Want to buy a home? Search all homes for sale.
What’s happening in the Pierce County real estate market? To give you a comprehensive look, I’ll break it down by price range.
First, let’s jump into the zero to $300,000 bracket. Here, the average days on market is 13 days, meaning it’s taking an average of 13 days for an offer to be exchanged between buyer and seller. The list-to-sales price ratio is 99.8%, meaning if we ask $300,000 for the house, it would sell at 99.8% of that asking price. The supply of inventory is sitting at just one month, which qualifies this price range as a seller’s market.
To give you some context, a seller’s market represents anywhere from zero to five months’ worth of inventory. If we have six months’ worth of inventory, it’s considered more of a balanced market. If there is a supply of seven months or more, it’s considered a buyer’s market.
Data can vary based on your specific location.
Moving up to the $300,000 to $500,000 price bracket, the average days on market increased to 17 days. The list-to-sales price ratio dropped slightly to 99.6%. The level of inventory has increased to 1.4 months. Just as in the previous price range, this bracket is very much a seller’s market.
If we look at the $500,000 to $700,000 price bracket, the average days on market increased significantly to 43 days. The list-to-sales price ratio dropped again to 99.2%. The level of inventory increased again to 2.9 months. As you can see, the supply has gone up, but we’re still in a seller’s market.
In the $750,000 and above price bracket, or the high-end luxury market, the average days on market increased further to 61 days. The list-to-sales price ratio dropped again to 97.8%. The level of inventory jumped up to 6.5 months. As evidenced by the numbers, this range is far more balanced than the lower price ranges.
Obviously, this data can change based on your specific location within Pierce County, so if you’re curious what the market looks like around your particular area, feel free to reach out to us. We’re here to serve, and we look forward to helping you in any way we can!
The Top 5 Advantages of Selling Your Home During Winter
Selling your home during the wintertime might actually be a better option than waiting until spring or summer. There are five main reasons for this.
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Want to buy a home? Search all homes for sale.
Should you try selling your home during the winter months?
The answer can depend on where you are specifically located, but there are five general advantages to selling in winter rather than waiting until the change in season:
- There is less competition from other sellers in winter. If everybody else has the same idea and wants to wait until spring or summer, why would you want to get stuck with that much more competition? As the flowers bloom, so do the other ‘For Sale’ signs around town.
- You won’t have to deal with as much foot traffic coming through your house for showings. There won’t be as many people looking at your house in person, but the ratio of buyers who are actually serious about buying is far higher. This means you won’t be inconvenienced as much as you would during the spring or summer months.
- Interest rates are still very low. As of right now, they’re hovering around 3.5%, which is insanely low. However, they won’t stay that way forever. In fact, they may not stay that way for much longer at all. As they begin to rise, the buyer pool begins to shrink.
- Buyers are far more serious this time of year. Remember—this is the time of year when employees are being transferred by their companies to new areas, and these people need a house soon.
- Homes show far better during the holidays. Who doesn’t like a good Christmas lights arrangement or a crackling fire?
Interest rates are low right now, and competition is soft.
If you have any more questions about this or any other real estate-related topic, please feel free to reach out to me by phone or email. I look forward to connecting with you soon!
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