Power Of Pam by Pam Oldaker

Proper Preparation still required even in a Sellers Market!

Yes, we are officially in a sellers market, but does that mean you should go on market without staging and great marketing?  In order to maximize the most money from your home, you still have to be the prettiest one out there at the best price!

Yes, there are homes are still sitting on market, and the reason they sitting is the basic principle that is true in any market.

Condition and Price.   If you have not properly prepared your home to sell, and you over price it, then you still won’t win the buyer.

Buyers are definitely a bit more forgiving but they are still savvy and they understand if they are going to have to put work in a house and those that have sharp buyers agents know the comparables and the values

If you are thinking of selling, call me today at 770-354-0243, I will walk you through the home selling process and what you need to do to prepare your home for sale so that you get the most money in the fastest amount of time and  ultimately WIN buyers who are willing t oPAY TOP DOLLAR  for a great house!

Homes on Sale!!

Homes are on sale across the country, now is the time to buy, because of the decrease in values over the last years, prices are now starting to increase, and there is very good chance you will experience nice appreciation over time.

If you have been waiting to sell, now is the time!

Many people who wanted to sell in the last 4 to 5 years decided to stay put, the market was too soft and it was a market where the buyers were calling most of the shots!

Well things have changed and they changed fast!! Just in the last 60 days the market has turned into a sellers market.  The inventory levels are the lowest they have been in over 10 years, interest rates are low and buyers want to buy now!

If you have wanted to sell  in the past, but have been on the sidelines, give me a call today at 770-354-0243 and I will be happy to provide you with information that can help you determine if now is the time for you!

 

Buyers have to act fast to get the home they want!

Its a new world for  buyers, if a house comes on the market that they are excited about, they need to go look at it ASAP, with low levels of inventory, homes are selling faster than they have in the last 5 years!  Welcome to a sellers market.  It is amazing how fast this market has changed just in the last 60 days.   A quick tip, when you submit the offer, don’t give the seller too much time to respond or you might find yourself in a multiple offer situation which almost always drives up the price, very often over list price. If you are thinking of selling, now is the time and if you want to buy, interest rates are low and the buyers I am working with are finding great homes, we just have to act fast!

Call me today for an update of what’s going on in your neighborhood!

 

Fabulous new listing 4128 Barnes Meadow Rd

Offered at $425,000! 3 sided brick beauty in the popular Barnes Mill Subdivision! Inspiring 2 story foyer greets you as you enter this lovely home. Fabulous floor plan includes Bedroom & FULL bath on main level, perfect for guests! Gleaming hardwoods on main level and TWO stacked stone fireplaces with built in shelving & coffered ceiling. Sunny and bright keeping room with built in custom cabinet for your flat screen TV. Gourmet kitchen with granite countertops, cherry cabinets with undermount lighting, center island with breakfast area, top of the line stainless steel appliances & gas cooktop. Luxurious Master Suite with trey ceiling, sitting area & spacious his & hers closets. Master Bath features whirpool tub, separate shower and his & hers sinks. An additional bonus room upstairs could be a 5th bedroom! Over $50,000 in upgrades and improvements, including custom window treatments and plantation shutters which are included in the sale of the home. Oversized deck and HUGE level flat backyard and privacy fence. Great close in location with loads of amenties including swimming pool with fountain, lighted tennis courts, clubhouse, playground and access to the ever popular Silver Comet Trail! A perfect 10 and ready to move in! Hurry this gem won’t last long!  Check out the virtual tour  Call me for a private showing today 770-354-0243

Love, Marriage and Home Ownership

40%  Of  Homeowners in Atlanta are married, and Atlanta is in the top 5 city for singles!

According to Realestate.com….

The U.S. demographics have changed, and for the first time more households are unmarried. Fifty-one percent of households are headed by an unmarried person. With more single people, we wanted to know if more single people are buying homes. According to the Wall Street Journal, men are buying homes at approximately the same rate as the 1980s; about 10 percent of homebuyers are single men. Single women, however, are buying more homes. In the 1980s single men and women bought homes at similar rates, but in the 2000s approximately 20 percent of homebuyers are single women, compared to single men representing 10 percent of homebuyers.
Married People are Homeowners

The cities with a high percentage of married people have a high percentage of homeowners. In cities with more than 30 percent married, we find that, on average, 50 percent of homes are occupied by homeowners. In comparison, cities with larger single populations, less than 30 percent married, only 39 percent of homes are occupied by homeowners.

So, married people are more likely to buy homes – this is hardly surprising. There is a reason they refer to getting married as settling down. When saving up for a down payment, it’s also easier to buy a home with dual income. The pros of renting – greater mobility, low maintenance costs and less responsibility – appeal to the single population.

While the percentage of the population that is married is correlated with homeownership, the prices of homes for sale in the city are not. Comparing median home listing prices and percentage of homeownership, we found little relationship between these figures.

Love, Marriage & Homeownership

Get pre- approved before you go out looking at houses!

Many people start their home search before they even talk with a lender to see if they can qualify for a loan and if so, how much do they want to borrow?  It’s really a good idea to speak to a lender first, before you go out and look at homes.

1. You know what is a realistic price point that you need to be looking in.  If you don’t know, you could be looking outside your price range and then become disappointed when you can’t qualify for your dream home.

2. The market is moving faster now, things have changed.  You may go out and find a home you fall in love with and then by the time you get pre-approved  and are ready to make an offer, the house is already under contract!!!

Don’t set your self up for disappointment, speak to a lender today to see how much home you can afford and also, what monthly payment you are comfortable paying each month.

Interest rates are still low, so call me today at 770-354-0243 or email me if you need a  lender referral, I will be happy to help!

Top 5 Reasons Why You Should List your House Today!

5 Reasons You Should List Your House TODAY!

by The KCM Crew on January 28, 2013

Many homeowners are waiting until the Spring ‘buying season’ to list their homes for sale. Here are five reasons why that might not make sense this year:
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 serious about purchasing.
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. Selling now when demand is high and supply is low may garner you your best price.
3.) New Construction Is Coming Back

Over the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. 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 purchasers.
4.) Interest Rates Are Projected to Inch Up

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 a commitment on 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 in transactions over the next 90 days.

These are five good reasons why you should consider listing your house today instead of waiting.

Call me today at 770-354-0243 to discuss getting you home on the market sooner rather than later!

 

Some Fun Super Bowl Facts!

Super Bowl Appearances vs. Real Estate Prices

Walton High School Homes for Sale

As always East Cobb’s Walton High School district attracts buyers. As a long time resident of East Cobb, I  know the area well. Call me today at 770-354-0243 if you are interested in any of these homes or simply have questions about living in East Cobb!