J. Kent Erickson, Broker Associate
Direct / 208.447.7848

Top 5 Benefits of Hiring a Real Estate Agent

Posted by on Jan 30, 2018 in Uncategorized | 0 comments

Top 5 Benefits of Hiring a Real Estate Agent The National Association of Realtors (NAR) recently released their 2017 Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their real estate agents. If you are looking to buy in 2018, here are the top 5 benefits of using a real estate agent when buying your dream home as cited by recent buyers: 1. Helped the buyer understand the process – 60% If you are new to the home buying process, an experienced real estate professional can explain exactly what to expect during the entire transaction so you aren’t caught off guard. 2. Pointed out unnoticed features/faults with the property – 56% Whether it’s pointing out possible uses for an extra bedroom/office, or...

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Housing Prices are NOT Heading for Another Crash

Posted by on Jan 28, 2018 in Uncategorized | 0 comments

Housing Prices are NOT Heading for Another Crash As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices? Are prices appreciating at the same rate that they were prior to the crash of 2006-2008? Let’s look at the numbers as reported by Freddie Mac: The levels of appreciation we have experienced over the last four years aren’t anywhere near the levels that were reached in the four years prior to last decade’s crash. We must also realize that, to a degree, the current run-up in prices is the market trying to catch up after a crash that dramatically dropped prices...

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Top 5 Reasons You Shouldn’t FSBO

Posted by on Jan 26, 2018 in Uncategorized | 0 comments

Top 5 Reasons You Shouldn’t FSBO In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are the top five reasons: 1. Exposure to Prospective Buyers Recent studies have shown that 95% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you? 2. Results Come from the Internet Where did buyers find the home they actually purchased? 49% on the internet 31% from a Real Estate Agent 7% from a yard sign 1%...

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Top 4 REAL Reasons We Buy a Home

Posted by on Jan 24, 2018 in Uncategorized | 0 comments

Top 4 REAL Reasons We Buy a Home We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones. 1. Owning your home offers stability to start and raise a family From the best neighborhoods to the best school districts, even those without children at the time of purchase may have this in the back of their minds as a major reason for choosing the location of the home...

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The Benefits of Homeownership Go Beyond the Financial

Posted by on Jan 22, 2018 in Uncategorized | 0 comments

The Benefits of Homeownership Go Beyond the Financial Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this. Homeownership is NOT just about the money. In fact, some of the major benefits are non-financial. Here are a few of those benefits as per the National Association of Realtors: Consistent findings show that homeownership does make a significant positive impact on educational achievement. Several researchers have found that homeowners tend to be more involved in their communities than renters. Early studies of homeownership and health outcomes found that homeowners and children of homeowners are generally happier and healthier than non-owners, even...

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