J. Kent Erickson, Broker Associate
Direct / 208.447.7848

Holiday Gifts Are Not the Only Hot Things Right Now

Posted by on Dec 23, 2019 in Selling a Home | 0 comments

Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments received on active U.S. house listings. The latest index revealed: “Traffic was more active once again compared to 2018, as the nation saw its third straight month of higher year-over-year showing activity…The 5.5% increase in showings nationwide was the largest jump in activity during the now three-month streak of year-over-year increases vs. 2018.” The same report indicates showings increased in every region of the country: The South increased by 10.8% The West increased by 8.6% The Northeast increased by 3.8% The Midwest increased by 1.5% Why is the traffic more...

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7 Reasons to List Your House This Holiday Season

Posted by on Dec 18, 2019 in Real Estate Market, Selling a Home | 0 comments

Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make. Here are seven great reasons not to wait: Relocation buyers are out there now. Many companies are still hiring throughout the holidays, and they need their new employees to start as soon as possible. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now. You can restrict the showings on your home to days and times that are most convenient for you. You will remain in control. Homes show better when decorated...

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The #1 Reason to List Your House in the Winter

Posted by on Dec 11, 2019 in Selling a Home | 0 comments

Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. So, what’s the #1 reason to list your house in the winter? Less competition. Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months supply of listings from the National Association of Realtors.As you can see, the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months (November – January).  Temperatures aren’t the only thing that heats up in the spring – so do listings!In 2018, listings increased from December to May. Don’t wait for...

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Planning on Buying a Home? Be Sure You Know Your Options.

Posted by on Dec 4, 2019 in Buying a Home | 0 comments

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building the home of their dreams. According to Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), “The second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months.” This is great news for homebuyers because it means there is additional inventory coming to the market, giving buyers more choices. The most recent data from NAHB shows, “The inventory of new homes for sale was 321,000...

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