- Find a Real Estate Professional
- Alabama Realtors®
- Alabama Mortgage Lenders
- Alabama Home Improvement Pros
- Alabama Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- More
Answers (13)
- Don Anderson, "Knoxvillehouses"
- Contributions:111
I think the timing is perfect to sell. Interest rates are on the rise and that brings buyers into the market. Find a good Realtor(r) in your area and price competitively. Now's the time to make it happen.
- Angie Boggeman, "angie boggeman"
- Contributions:469
Real estate seems to be gearing up for the spring market here. I am optimistic.
- Chris and Maria Jeantet, "reddingcaagents"
- Contributions:109
Selling it sooner rather than later would be better for you. There is a substantial risk of home prices falling another 15% to 20% (or more in some cases) as housing values continue to drift and weaken due to the slow growth in the economy. Of course nobody knows for certain what will happen in the future but what we do know is that oil prices are going up, costing us more to fuel our cars, food prices are up, unemployment is still hovering around the 10% and I can go on and on but you get my point. This is not "gloom and doom", it's reality, facts. So we advise based on facts.
Also, sales are up even though home values are down. We're experiencing an increase in sales across the board, part of it is due to the typical spring rush which we're nearing, another reason is that home prices are lower than last year so we're seeing a flood of investors taking their money out of other investment portfolios and dropping them into real estate (very wise)!
Also, sales are up even though home values are down. We're experiencing an increase in sales across the board, part of it is due to the typical spring rush which we're nearing, another reason is that home prices are lower than last year so we're seeing a flood of investors taking their money out of other investment portfolios and dropping them into real estate (very wise)!
- birdy421
- Contributions:1
Assuming there are at least some light touch ups you'll want to do before going on the market I'd say get to work. Let's do the math- assuming the house is listed at a fair price it ought to sell within 30-45 days. A conventional buyer will be able to close in 30 days VA/FHA cold take up to 60 days. So we are already looking at a potential 3 month lag between the time we list and the time a new owner moves in.
A fairly priced home listed in May is likely to be settled by mid-August. Of course circumstances could affect that number but you can't get much shorter than about 45 days from list to close and it could be a good bit longer (but not f your Realtor is painfully honest with you about the home's value in the market).
So you ought to least sooner rather than later. Good luck
A fairly priced home listed in May is likely to be settled by mid-August. Of course circumstances could affect that number but you can't get much shorter than about 45 days from list to close and it could be a good bit longer (but not f your Realtor is painfully honest with you about the home's value in the market).
So you ought to least sooner rather than later. Good luck
- Aggie Shehadeh, "aggie shehadeh"
- Contributions:48
HOT HOT HOT! Is the current LOCAL market! I've been involved with 2 multiple offer situations in just this past week! The buyers are out NOW and they're not just looking...they're BUYING! Remember, you're always about 60 days away from closing if you find your buyer TODAY...So if you list now, you won't be closing before May anyway! Nothing to lose by listing now!
- Dan Currie, "Daniel J. Currie"
- Contributions:129
Here are several reasons to sell now:
1.) Trade up in equity: Are you buying again? Are you buying a more expensive home? If so, and the market in your area is depreciated, you will certainly buy low too. Don't worry about getting less for your home since you'll make up even more on a new purchase (if you are buying up).
2.) Financing: Interest rates are low and credit may not be as accessible if the guidelines become more stringent (foreclosures are still on the rise).
3.) Set the market: Be one of the first listings of the season and set the market instead of waiting until you will have to be reactionary to other prior listings which may have already been reduced.
4.) Consider expanding your market: If you can qualify for financing your new home purchase without paying off your existing mortgage (if you have one), consider selling your home to someone who cannot qualify for financing now but will be able to in the near future (less than three years). You will be able to either set a price at 5% above present market value now, or wait until later if you think the market will recover more significantly.
1.) Trade up in equity: Are you buying again? Are you buying a more expensive home? If so, and the market in your area is depreciated, you will certainly buy low too. Don't worry about getting less for your home since you'll make up even more on a new purchase (if you are buying up).
2.) Financing: Interest rates are low and credit may not be as accessible if the guidelines become more stringent (foreclosures are still on the rise).
3.) Set the market: Be one of the first listings of the season and set the market instead of waiting until you will have to be reactionary to other prior listings which may have already been reduced.
4.) Consider expanding your market: If you can qualify for financing your new home purchase without paying off your existing mortgage (if you have one), consider selling your home to someone who cannot qualify for financing now but will be able to in the near future (less than three years). You will be able to either set a price at 5% above present market value now, or wait until later if you think the market will recover more significantly.
- Joseph San Angelo, "inrealestate"
- Contributions:53
Don't wait, start now
- Suzanne DeTurris, "SuzanneDeTurris"
- Contributions:93
Your in Barnegat so May... may be a good time. You don't want to wait any longer than that though so spend you time polishing up what you can, decluttering and fixing anything that is very obvious. The market in Barnegat is slower than ...say Monmouth, so it would really depend on what your time frame is and where you would like to go. If your going to an area that is a faster market then put it for sale earlier. THe condition of the home and it's amenities will be very important in Barnegat.
- Sharon Lewis, "Sharon Lewis"
- Contributions:3923
Now is the time to have your home on the market, make sure it sparkles, clean the windows, get rid of the stuff, store things away. Get a realtor to walk through and make suggestions as to get your home 'show ready' Its a very competitive market out there and there are a lot of sellers who are listening to their Realtors and have their homes looking really good. Get your Realtor to also do a comparable market analysis. Good luck...
- Frank Festa, "Frank J Festa"
- Contributions:1188
Karnanna, list now for the spring market! Regards,
- Maria Picardi Kenyon, "mariapk"
- Contributions:437
Hi, Karnanna. Great question! The market has been great! 2011 has started out really well, lots of activity. We're seeing more full priced offers and homes selling quickly than we have in quite a long time.
Although I do not personally service Barnegat Township I know an excellent agent who does. Her name is Pattie Romano. She is a full time agent @ RE/MAX Barnegat Bay. Her cell # is [Contact info removed by moderator] Give her a call and let her know I gave you her #.
Best of luck to you!
Although I do not personally service Barnegat Township I know an excellent agent who does. Her name is Pattie Romano. She is a full time agent @ RE/MAX Barnegat Bay. Her cell # is [Contact info removed by moderator] Give her a call and let her know I gave you her #.
Best of luck to you!
- Michael Smith, "MichaelSmithGroup"
- Contributions:21
Homes that are priced right and show very well are selling very quickly. Multiple offers are frequent. Make sure your home is not cluttered, in excellent condition, and priced right. In today's market, buyers are not interested in buying a home in need of updating and repairs unless the price is very low. Consult with a highly experienced real estate professional in your area to make sure your home is priced right and shows well. Good luck.
- Alpa Bhagat, "Alpa"
- Contributions:28
Hello karnanna,
NJ market overall has become steady, but this spring will be the time we will know for sure how market will remain.
Meanwhile, I am attaching link for Barnegat twp active and sold(since Sept,10) homes. hope that gives you overall picture.
http://emailrpt.gsmls.com/public/show_public_report_rpt.do?report=onelinerw&Id=61662508_5453
or
http://emailrpt.gsmls.com/public/show_public_report_rpt.do?report=cmanarrow&Id=61662508_5453
NJ market overall has become steady, but this spring will be the time we will know for sure how market will remain.
Meanwhile, I am attaching link for Barnegat twp active and sold(since Sept,10) homes. hope that gives you overall picture.
http://emailrpt.gsmls.com/public/show_public_report_rpt.do?report=onelinerw&Id=61662508_5453
or
http://emailrpt.gsmls.com/public/show_public_report_rpt.do?report=cmanarrow&Id=61662508_5453
wondering how the selling market is at this time thinking of listing in May 2011???
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.