How to prepare your home for the spring real estate market

Friends and clients -  When it comes to real estate, spring starts in January. Spring is the hottest season in terms of home sales. Home buyers come out in big numbers from the winter months. In spite of this, the current market is not experiencing a bubble like we saw 10 years ago. Here are some tips and numbers that will help you sell your house for the most amount of money in the shortest amount of time:   Homes sold in the Spring sell 15 days faster and for about 2% more money than the average listing. A home's listing is viewed 5 times more on its first day than even one week later, so it’s important to get this exactly right. 63% of home buyers will drop by a home they viewed and liked online. Make sure you give them a good first impression by removing the lingering effects of winter. Simple projects are often enough - pressure washing the outside, refreshing the landscaping, and cleaning the windows. Occasionally, upgrades such as a paint job or roof repairs also make sense and can add thousands of dollars to the value of a home.   Tidy up the inside of your home, de-clutter as much as possible, and start packing away non-essential things in anticipation of a sale. And if you need any advice — about pricing your home, about the best time to list, or about small projects that can bump up your sale price by 10% to 15% — just give me a call at (602) 413-8195. I'm here to help.   Have a great day, Monique Walker RE/MAX Excalibur (602) 413-8195 Monique@MoniqueSells.com

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Monique Walker 8510 E. Shea #100 Scottsdale, Arizona 85260 US

Winter 2017 Phoenix home price update

Friends and clients -  If you’ve been considering selling your home, then this winter represents an incredible opportunity. First, home prices have hit record highs over the past few months. In fact, home prices are now higher than they were in 2006, at the peak of the housing bubble. In spite of this, the current market is not experiencing a bubble like we saw 10 years ago. Instead, today's high prices are mostly driven by a lack of supply. That's why - if you are looking to sell your home; you are in such a good position right now. Second, we are seeing a period of low but rising mortgage rates. For example, the average 30-year mortgage rate has been steadily increasing from its low of 3.37%, recorded last July. It now stands well above 4%. It’s true that by historical standards, today's mortgage rates are still very low. And when you combine this with the possibility of continuing increases in the near future…it's clear why so many home buyers are eager to take advantage of the current situation. Third, we've made it to the end of the election cycle. Many people were sitting on the sidelines because of the election and the associated uncertainty. They are now re-entering the real estate market . . . and this will keep demand healthy in the coming months. Now, even though it's only January, the spring season is definitely approaching. Spring is the hottest season for the real estate market, and you have to get moving now to take advantage of it. To get started, check out a home value calculator I've put up on my site: And when you combine this with the possibility of continuing increases in the near future . . . . . . it's clear why so many home buyers are eager to take advantage of the current situation. Third, we've made it to the end of the election cycle. Many people were sitting on the sidelines because of the election and the associated uncertainty. They are now re-entering the real estate market . . . and this will keep demand healthy in the coming months. Now, even though it's only January, the spring season is definitely approaching. Spring is the hottest season for the real estate market, and you have to get moving now to take advantage of it. To get started, check out a home value calculator I've put up on my site. Enter your street address here to find out what your home is worth If you'd like to get an even better estimate of your home’s true value, give me a call a 602-413-8195. Once we discuss the unique characteristics of your home, I can give you my best estimate of how much you could get for your home right now, and how quickly you could sell. Have a great day, Monique Walker RE/MAX Excalibur (602) 413-8195 Monique@MoniqueSells.com

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Monique Walker 8510 E. Shea #100 Scottsdale, Arizona 85260 US

How do short sales work?

What’s the Difference Between a Short & Traditional Sale?

1/06/2017 | Phoenix, AZ Today we’re answering a question from Allison, who asks, “Could you explain what happens if you purchase a home that’s a short sale?” A short sale is when the home seller is selling their home under the actual loan amount and the bank agrees to assume the loss. Banks, therefore, are far more involved in a short sale than a traditional one. Once the bank approves a home to be sold as a short sale, the process of purchasing it is usually pretty similar to a traditional home sale, but there are still a few key differences. To learn more about what happens when purchasing a home as a short sale, watch this short video. Watch on your Mobile Device!

Looking to sell your Phoenix Metro Market Home? Get a FREE Home Value Report   Looking to buy a Phoenix Metro Market Home? Search All Homes

You may also call me at (602) 413-8195 for a FREE home buying or selling consultation to answer any of your real estate questions.

Tom Ross Nova Home Loans (602) 791-5961 tom.ross@novahomeloans.com Sincerely, Monique Walker RE/MAX Excalibur Phoenix, AZ Mobile: (602) 413-8195  Monique@MoniqueSells.com

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Monique Walker 8510 E Shea Blvd #100 Scottsdale, Arizona 85260 US