What Does the Market Look Like this November?

Buying a home? Click here to perform a full home search 
Selling a home? Click here for a FREE Home Price Evaluation 
Call me at (215) 576-8666 for a FREE home buying or selling consultation

Hello raving fans, we are back again with your November edition of the “Hot Off the Press” real estate market report. There’s so much we want to cover about the market today, let’s just get right to it. Here’s what you need to know about:

• Fannie Mae has just released their home purchase settlement index, and from that we can see that consumer sentiments regarding the housing industry have decreased rather dramatically. 
• Home sales still have a huge impact on our economy. Each time a home is sold, money is added to the state’s economy, and with the movers, landscapers, and other contractors you may need during a move, that’s only more money going into our economy. 
• With the economy moving forward, more and more people are looking to buy a home. This is demonstrated by the amount of foot traffic we’ve seen, which is above where it was the last few years. We predict a strong winter this year, leading to an unbelievable 2016.
• Household formations are skyrocketing. Adults are moving out of their parent’s house and people are getting married and having kids. This is triggering them to buy homes, which is allowing home sellers to move up into better homes.
• Mortgage affordability is up, and more and more people are qualifying to buy a home.
• More people are considering selling their homes this year, but haven’t put them on the market yet. 23% of homeowners are considering listing their home, while 55% of those homeowners say they would be in the market if they had the right information. That’s 10% of buyers just waiting for someone to give them the right info. We are here to do that, and to help you feel confident when buying or selling.

Don’t keep me a secret! If someone you know is looking to get accurate real estate information or wants to sell their home in 26 days, give them my contact information or invite them to my next home shark selling seminar, January 23 at the Hilton Garden Inn at Fort Washington. Visit www.homesharkseminar.com for details. Have a Happy Thanksgiving! We will talk to you soon!

August Sales Reports Show Big Numbers For Home Sales!!

There are many great Montgomery County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (215) 576-8666 for a FREE home buying or selling consultation to answer any of your real estate questions.

Don’t Let Misinformation & Pundits Scare You Away From Your Greatest Asset!

Hi, ladies and gentlemen, Diane Cardano here, Welcome to the August Market Expert Report.  This summer is proving to be an amazing time in the market!

We’re reading the headlines, hearing about home sales reports and how some reports show it as negative, some reports show it as positive. How could that be?

Please watch our video to see how we use tons of current data and projections to advise our clients on how to make choices in the ever changing real estate market.  We want to make sure we clear up some of the biggest misconceptions about the market today and what it means for you as a Home Seller or Buyer.

Don’t let fear and a lack of understanding keep you out of the market.  Get yourself an expert and have a discussion.  Call me and set up a time for us to chat. 

Don’t forget, we also have our home seller toolkit available to our blog fans only at HomeSellerToolKit.com or call us at 215-576-8666. Also our next Home Seller seminar is on October 14^th, check your calendar, because if you feel comfortable putting your home on the market in the Spring, you need to be there. 

2012-13 was all about recovery and stability, but 2014 will be about GROWTH in real estate!

There are many great Montgomery County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (215) 576-8666 for a FREE home buying or selling consultation to answer any of your real estate questions.

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!!

Check out www.PreHouseInspection.com for more details.

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.