Ready to List your home FOR SALE???? NOW is the time…

Are you someone who believes Spring is the “buying season”?  Many homeowners wait until Spring to list their homes for sale. Here are five reasons why NOW is the time:

1.) Demand Is High

Homes are selling at a pace not seen since 2007. The most recent Existing Home Sales Report by the National Association of Realtors (NAR) showed that annual sales in 2012 increased 9.2% over 2011. There are buyers out there right now and they are ready to BUY your home!

2.) Supply Is Low

The monthly supply of houses for sale is at its lowest point (4.4 months) since May of 2005. The current month’s supply is down 21.6% from the same time last year. Historically, inventory increases dramatically in the spring, increasing your competition. Selling now when demand is high and supply is low may help you get your best price.

3.) New Construction Neighborhoods are popping up EVERYWHERE!

For the last several years, homeowners selling their home did not have to compete with a new construction projects in their area. As the market is recovering, more and more builders are jumping back in. These ‘shiny’ new homes will again become competition as they are an attractive alternative to many BUYERS.

4.) Interest Rates Are Projected to Increase Slightly

The Mortgage Bankers’ Association has projected mortgage interest rates will inch up approximately one full point in 2013. Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

5.) Timelines Will Be Shorter

The dramatic increase in transactions caused many challenges to the process of buying or selling a home in 2012. We waited for inspections, dealt with last minute appraisals and prayed that the bank didn’t ask for ‘just one more piece of paper’ before issuing the mortgage. There are fewer transactions this time of year. That means that timetables on each component of the home buying process will be friendlier for those involved over the next 90 days.

NOW is the time to contact me to list your home!  It is a great time to make the move!  Not sure you can get another mortgage?  Visit my website and complete a FREE, NO OBLIGATION Pre-Qualification from The Shanley Team at Inlanta Mortgage.  Not in the Indy area?  I can help you with that too!  We have great Keller Williams Realtors EVERYWHERE, let me make an introduction for you!

Home-Sales

Vicki Reed

Instead of “State of the Union”, how about the state of Indiana Real Estate?

The Metropolitan Indianapolis Board of Realtors (MIBOR) announced yesterday that Indianapolis home sales in 2012 are up 18.5% over 2011!  Fellow agents in my Keller Williams Realty office are complaining that homes are moving so fast that their appointments are being cancelled before they can see the properties because the home sellers have accepted an offer!  Click here for the full Indianapolis Star article and here for the MIBOR press release…NOW IS THE TIME!!!!

Are you interested in Buying a new home?  Inventory is lower, prices are heading higher, and interest rates are still really low…NOW IS THE TIME to get pre-qualified (click here to start the process with a lender I trust) and let’s start shopping!

Are you interested in Selling then Buying a new home?  Get the best of both markets by selling and up-sizing or down sizing NOW!  Not sure what today’s market value is for your home?  Contact me for a FREE Comparative Market Analysis and let’s discuss your options…just because we meet doesn’t mean you have to sell, it is part of weighing your options to make sure we do exactly what you need done.  Have plenty of equity in your current home?  I work with Don Allen at US Savings Bank who offers “bridge” loans to help you get into your next home.

I am here to help you reach whatever your home dreams are…buying, selling or both.  Your priorities are mine, I work very hard to get the absolute best deal for you and to Turn your Dream into an Address…visit my website VLR Real Estate for more information on who I am and what I can do for you.

Buy-a-Home-in-Dayton-or-Sell-a-Home-or-Condo-in-Dayton

Vicki Reed

Wish # 2

My second wish is that everyone feel loved and valued.  I am very blessed in my life…I have family who is supportive and encouraging in everything I do, and friends (The Group) who listen to frustrations and celebrate the victories as they come.  As an adult, I was fortunate to have known all of my Grandparents, the last to pass only a month ago and just before her 98th birthday, despite her diminished capacity, we made certain she knew she was loved and valued by those whose lives were touched by her generous and giving spirit over the years.

I believe one should feel this way in their career as well, I have been a Realtor for 2 1/2 years and moved to Keller Williams Realty (Indy Metro) this year and have truly found a home, I have never worked with a more genuine group of people, received encouragement for ideas that are a little out of the box for Realtors (MAX T Agents!), and the care and support of other agents.  We are all working toward the same goal to build careers worth having, businesses worth owning, and lives worth living.  Click here (Wi4C2TS_poster) to view the Keller Williams Belief System.  If you are thinking about a career change (or Company change if you are a Realtor), contact me, let’s talk.

As I said, I’m blessed with great family, great friends and career I love…tell me your wish…email, call or text me!

Vicki Reed