LifeTime Home Care Maintanence

When you buy through Jared Ford, at Coldwell Banker Mt West Real Estate, you are eligible for our Lifetime Homecare Maintenance & Handy Man Service. ONE TIME - $295.00 for as long as you live in your home. www.jaredfordrealestate.com

When you market your home for sale with Jared Ford, at Coldwell Banker Mt West Real Estate, we will provide the services FREE when you list your home with us. We guarantee these services at no charge to you. Some examples of these services are:

1.        Water Leaks- Leaky faucets, leaky sinks, or leaky shower heads? We will fix it it free! Any water damage from previous leak not included.

2.        Wall hole- We will repair holes in dry wall resulting from door knob intrusion. Painting not included.

3.        Light bulbs- We will change hard-to-reach light bulbs, interior and exterior. Light bulbs not included.

4.        Electrical Wall Sockets-We will repair all interior wall sockets. Does not cover code violations or updating to G.F.C..I.

5.        Leaking toilets- We will repair toilet leaks at the water connection points. We will repair running toilets if possible.

6.        Door adjustment-We will adjust doors/cabinets where possible, within the manufacturer's allowed ability to do so. Excludes garage doors.

We will attempt to repair other problems you may incur, but reserve the right to do so. When possible we will perform repairs at no cost, materials not included

If you would like to know more, please contact us at www.jaredfordrealestate.com

More than half of all homes sold last year and in 2013, so far, have been purchased without financing, according to economists at Goldman Sachs Group. Prior to the housing crash, about 20 percent of all homes sold were purchased without financing. All-cash sales have more than doubled over the last seven years. “The surprisingly large cash-share of purchases helps to explain why home sales have jumped over the past two years despite more muted increases in broad measures of new residential loan activity, such as the MBA’s application index,” The Wall Street Journal reports. The large share of cash buys are most likely from investors, foreign buyers, and wealthy home owners, the report notes. The Goldman report estimated that around 44 cents of every one dollar of homes sold presently are being financed. Prior to the housing crisis, that stood at 67 cents of every dollar. The Goldman Sachs analysts used data from the National Association of Realtors®, Census Bureau, Mortgage Bankers Association, and Lender Processing Services to arrive at their calculations. Source: Wall Street Journal

The National Association of Home Builders is convincing buyers that they can afford a higher-priced new home by utilizing data from the U.S. Census Bureau and the Department of Housing and Urban Development. NAHB discovered that those looking to buy can actually purchase a more expensive newer home while achieving the same annual operating costs as an older, existing home. "Homebuyers need to look beyond the initial sales price when considering whether to buy new construction or an existing home," said NAHB Chairman Rick Judson. A study by NAHB first researched how utility, maintenance, property tax and insurance costs vary depending on how old the home is. The study found that a home built before 1960 would average $564 a year in maintenance costs, while homes built post-2008 average $241. Additionally, operating costs average nearly 5% of the home’s value for older homes made before 1960, while the costs average less than 3% when the home was built after 2008. "They will find that with the higher costs of operating an older home, they can often afford to spend more to buy a new home and still have annual operating costs that fit their budget," noted Judson. Also studied by NAHB were the first year after tax costs of owning a home — purchase price, housing payments, annual operating costs and income tax savings — which revealed that a buyer can afford to pay 23% more for a new home than a property build before 1960 and still maintain the same amount of first-year annual costs. Source: NAHB

Clear Capital has released its Home Data Index (HDI) Market Report with data through August 2013 finding that national annual home price growth picked up to 10.2 percent in August. In mid-2006, the height of the bubble was the last time double digit yearly price growth was reported. However, current yearly gains are different in many ways from the peak. Additionally, the low tier price segment of the housing market saw quarterly gains of two percent, the lowest since April 2012, indicating the sector that kick started the recovery is already on a path of moderation. From its peak rate of growth in April 2013, rates of growth for the low tier segment, or home sale values in the bottom 25th percentile, have fallen from 4.1 percent to two percent. Regional and metro trends echoed those at the national level, where quarterly and yearly rates of home price growth mostly expanded. Top performing major metro markets saw average quarterly growth of 3.4 percent. Annualized, the 14.3 percent represents a 7.7 percentage point drop over the current average yearly gains of 22 percent. This current rate of growth marks yet another sign moderation will likely unfold in the near future as the strongest markets position for a cooling. “With the continued strengthening of home price trends in August, the need for perspective on market activity is even more important," said Dr. Alex Villacorta, vice president of research and analytics at Clear Capital. “National yearly gains surpassed 10 percent for the first reported time since the peak of the market in mid-2006. Certainly these trends are exciting, particularly against the backdrop of the seemingly endless housing market woes following 2006. It’s been a long, hard road and it’s difficult not to celebrate double-digit price growth." Source: NMP Daily

If you have been looking at home prices, and want to compare them to new home prices, click on the link below and sign up for the alerts. I can help you adjust your search too.
www.jaredfordrealestate.com

Enjoy your day!!

In one of the most expensive places to live, a couple finds an amazing way to save some money on Real Estate.
http://youtu.be/pKpK8TzrCHo

I don't know of any container homes in Salem, but here is a link to see what is currently available. www.jaredfordrealestate.com

When is the best time to sell?

According to property agents, there are several times of the year when one can get a better price on the house than at others and when they sell comparatively quicker than other times. It is a well-known fact that the sale of properties is highest during the spring months, from April to July. It has been observed that the number of houses that sell during spring and summer months are double the number of houses which are sold during the fall and winter months. One of the reasons for this is because parents tend to take advantage of the time when the kids are off school.

However, this is not necessarily the best time to sell. This is because of the simple reason that everyone has the same thinking and they try and sell their homes during this period. As a result there are a number of properties on sale in the same peak period. In winter months, the number of houses for sale is much lesser than what they are in the summer months. According to estate agents, if one sells his house between Halloween and New Year’s, there are chances that the house will be sold faster and fetch a price closer to the asking price. According to agents, the autumn buyers have waited through the entire busy season for a better deal.

See what the Market looks like right now:


Another major reason why people would want to buy towards the end of the year is because they want to take advantage of the IRS regulations. Under IRS regulations, a person selling his home has 180 days to close another sale if he wants to defer taxes on the profit from his sale.
Besides the seasonal considerations which include the time of the year and holidays, there are a number of other factors which can affect home sale prices. The sale of houses goes up when the interest rates fall. When the interest rates fall, more people are willing to finance larger amounts and are more likely to agree to the asking price. In short, anything that improves the local economy will help in the selling process and anything that depresses the local economy makes it a good time to buy and a bad time to sell houses. It is important to have an understanding of these factors to be able to know which is the best time of the year to sell the house.

Now is a great time to get some homework done. If you are considering selling your home, please let me know when would be a good time to come out and do an evaluation of what your house could sell for. www.jaredfordrealestate.com

Are you getting ready to buy a house?

Looks like the market has been improving. I know it may not seem like there is a major improvement, from your angle, but I have noticed prices of homes increasing and the good deals disappearing.
By this summer, I am guessing the houses we are looking at now won't be around.
If there is one you are interested in, please let me know.

Also, it's a good idea to get pre-approved through a lender before looking at houses.
If you find the house you want, but aren't approved, it might be gone in the time it takes to get approved.
www.jaredfordrealestate.com