My prediction for 2014 is that 2014 is going to be the year
of growth in real estate! This video tells it all, listen for some great
information!!
First,
let’s take a look at the economy. In the video I show you a map of the
United States showing each state and their state of growth. And we can
see that 46 out of 50 states are some shade of green. The darker the
shade of green, the better your state is doing. We aren't the darkest
shade here in PA but we are the second darkest color, with a growth
between .6 and 1%. What we are seeing across the country is the economy
is starting to come back. Watch the video understand how they arrive at
these growth rates. So, why is this so important to the housing
market? As employment goes up there’ll be more buyers coming to the
market.
This brings
me to what I believe will be the most significant market trend we will
see in 2014: the repeat home buyer. As prices continue to escalate, more
and more people are entering into positive equity. I believe very
strongly this is going to be a major part of the market driving us
forward in 2014. Check out the video to see why!
Next,
let’s take a quick look at interest rates and their effect on the real
estate market home values. In the video, check out the graph showing the
interest rates levels in 2013 and the inventory status. As you can see,
rates went up from 3.3% to almost 4.5%, with the 30 year fixed rate
currently at 4.32%. Most economists are predicting that the interest
rate will go up another percentage point to 5.3% by this time next year.
So waiting to buy a
home makes no sense. If prices are going up and interest rates are
going up, buyers will spend more a year from now than they are now. So
now is the time to buy your dream home!
Check
out the the video showing a graph listing the last 4 times in the past
30 years when interest rates went up so did home prices. So don't worry
get your home on the market this year to maximize your equity.
Lastly,
I want to move from the general market news to some specific advice for
those of you who know someone, or possibly are thinking of selling your
own home in the coming year. Hiring a professional real estate agent
can take away most of the challenges of selling. A great agent is always
worth more than the commission they charge - just like a great doctor
or great accountant.
Check our the video explaining if you want to hire an Expert Advisor to sell our home today, make sure they:
1. Understand your timetable and your family situation,
2. Remove all challenges,
3. Help you with your next move, and
4. Get the home sold in 26 days or less Guaranteed!!
So
get it right the first time with some Sassy pre-marketing of the home
to create demand so that there are buyers waiting outside of your door.
If you want to know what your home is worth, fill out the form at
www.CardanoHomeValue.com and request an analysis of your home’s approximate value to be emailed directly to your inbox!
And
remember, there’s is no obligation after doing so! Also, most every
month we hold our Home Seller Seminars where graduates learn my secret
Home Selling Strategies and sell their homes in 26 days or less for Top
Dollar. Just go to
www.HomeSharkSeminar.com to sign up for our next seminar on
February 20th
or pick a date for one in the future. Thanks for listening and see you
in 2 weeks when we talk about how to make sure you do not pay more than
you should in real estate commissions when selling your home.