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Wesley Homes was pleased to present a panel of experts at our Real Estate Forecasts on our Des Moines and Auburn campuses. If you?re thinking of selling your home, here are important tips to keep in mind:

• Scaling down in order to move can be the big elephant in the room, and that?s okay. Just eat the elephant one bite at a time. Invite friends and family to help you decide what to keep, sell or give away. Define your goals, create a to-do list and visualize success!
• Be sure to use reputable service providers.
• The market for homes priced $350,000 and under is extremely active right now. Of those looking to purchase a home, 95% are qualified to buy.
• Not all homes are model homes that are move-in ready. Your home doesn?t have to be new to look like a model home. Using a staging expert with a small investment of $400 on new or rented furniture can get your home sold quicker.
• There are buyers who want to buy your home, so now is a good time to sell. Financing is favorable, and inventory is shrinking. The 20% increase in sales over last year indicates that the market is starting to tilt toward a seller?s market rather than a buyer?s market.
• When you want to move is the best time to do it.
• Current interest rates are under 4%. Right now, the interest rate for a 30 Year Fixed is 3.88%. There have been eight interest rate reductions in the last 12 months, and there probably won?t be any interest rate hikes in the near future.
• Bottom line: Don?t wake up a year from now saying, ?I wish I?d done this years ago!? Start now!

Thank you to our panel of experts: Jane Conrad, John L. Scott Real Estate; Konnie Bryant, Columbia Bank Residential Lending Officer; Linda Kladnick, Easy Transitions by Benevia; Dan Peck, Cobalt Mortgage; Anne Tripp and Rebecca Bomann, SASH (Sell A Senior?s Home); Michael Goodfellow, Goodfellow & Associates CPA, PS; and Caprea Swearingen, Northwest Home Staging.

This entry was posted on Wednesday, February 1st, 2012 at 5:00 pm and is filed under Active Retirement Communities, General Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Source: http://wesleyretirementresources.com/http%3A/wesleyblog.org/2012/02/01/key-takeaways-from-the-real-estate-forecast/

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