Selling A Home In The Winter

December 30, 2015 by Eric Lowry

Selling a home in the winter can be very beneficial to you as a home owner believe it or not. You may think that Spring or even Summer is the best time to put your home on the market, and that’s not quite true. There are several reasons you may want to consider selling a home in the winter.

The buyers who are out looking at homes in the winter are typically very serious buyers, and for varying reasons, have a strong motivation to buy. Braving the winter temperatures and snow is not for the faint of heart. These buyers need to find a home, and usually they need to do so quickly.

Inventory is much lower in the winter than it is in the Spring and Summer. Selling a home in the winter means less competition for you as a seller. If you wait until Spring, the home inventory shoots up. Many other sellers put their homes on the market in the Spring and Summer, and there is also an influx of available New Construction to compete with as well. If you want to sell your home for the best price possible, wouldn’t you want to go up against less competition rather than more?

The accompanying chart shows the home inventory levels for the first five months of 2015 according the National Association of Realtors. As you can see, the longer you wait the higher the level of competition you will have when putting your home on the market.

If you’ve been considering selling a home in the winter, contact us today to schedule a consultation and find out what your home is worth. Don’t forget to ask about our Home Sale Guarantee! The Lowry Team will sell your home in 88 days or less, or we’ll sell it for FREE!

The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

Other Articles You May Be Interested In:

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10 Ways To Improve The Resale Value Of Your Home

Top Home Updates

Preparing Your House To Sell: Tidy That Kitchen

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10 Tips For Staging A Home

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Thinking Of Selling Your Home? 5 Reasons To Do It Now

October 10, 2013 by Eric Lowry Leave a Comment

Thinking Of Selling Your Home? 5 Reasons To Do It Now

1. Demand Is High – Serious buyers are on the hunt for their dream home. The buyers know that interest rates are on the rise, and they want to take advantage of the low rates before they’re gone. Buyer traffic is 17.2 % higher than a year ago. The buyers are out there, and they are serious about purchasing.

2. Supply Is Beginning To Increase – Total housing inventory last month rose 5.6% to 2.28 million homes for sale. Many real estate experts expect inventory to continue to rise. Selling now while demand is high and before housing supply further increases may allow you get the best price for your home.

3. New Construction Is Making A Comeback – All around our community you see neighborhoods filled with home construction crews. Recently, since the market has been recovering, many builders have started new projects, and their homes will hit the market soon. New construction homes provide strong competition for resale homes.

4. Interest Rates Are Rising– Interest rates for a 30-year mortgage have increased to 4.57%. The National Association of Realtors, Freddie Mac, and Fannie Mae are all predicting a steady increase in interest rates up to 5.1% in 2014. This means that if you’re planning on using a mortgage to a buy a new home, your housing expense will be much higher in a year than it is now.

5. The Sale Is Guaranteed! – All agents say they will sell your home. Well, the Lowry Team backs it up. If your home fails to sell in 88 days or less, we will sell it for free. Yes, you read that right! We will sell your home at a price acceptable to you, GUARANTEED!

Get started by finding out what your home is worth at www.GuaranteedSale.com

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West Chester & Mason Ohio Real Estate: This Month In Real Estate – October 2013

Selling Your Home By Yourself – For Sale By Owner

June 19, 2013 by Eric Lowry Leave a Comment

Selling Your Home By Yourself – For Sale By Owner?

Are you thinking of selling your home by yourself, what is commonly called selling for sale by owner? You are sure you can do it and you just need a few tips to get started. Well here you go!

Here are 10 Steps To Success You Must Follow To Sell Your Home For Sale By Owner:

1.) Create a strong first impression. Take a look at your home from across the street. Is it appealing? Is the lawn well cared for, edged and mulched. Is the front door freshly painted and is the door’s hardware clean and new looking?

2.) Properly stage your home. Remove all items of personal decor, declutter your home, remove excess furniture and have your home professionally cleaned including the carpets.

3.) Create a marketing plan. Some advertising options for you to consider are Google Adwords campaigns, social media (Facebook) ads, post a link to your home on your Facebook profile and on your twitter account. Buy a number of directional signs to point buyers to your home. Don’t forget to get some that say Open House on them for your Sunday Open Houses. Also be sure to create a nice full color brochure of your home to give to prospective homebuyers.

4.) Have your home professionally photographed. Not much more to say here. You should not do this yourself and you certainly should not use the camera on your phone.

5.) Get an appraisal. Don’t pick the list price of your home based on what you hope to get for it. Hire a licensed appraiser to help you determine the correct price. Be sure to tell the appraiser you want this appraisal done to determine the market value for a sale.

Wondering What Your Home Is Worth In Today’s Market? Click Here To Request A Market Value Analysis!

Coming Soon: Selling Your Home By Yourself – For Sale By Owner (Part 2)

Looking for more information on area real estate? Check out these pages of our website for more real estate information about our area:

West Chester Ohio Real Estate

Beckett Ridge Ohio Real Estate

Liberty Township Ohio Real Estate

Mason Ohio Real Estate

Fairfield Township Ohio Real Estate

Fairfield Ohio Real Estate

Monroe Ohio Real Estate

Other articles you may find of interest:

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West Chester & Mason Ohio: This Month In Real Estate – May 2013

May 6, 2013 by Eric Lowry Leave a Comment

West Chester & Mason Ohio Real Estate: This Month In Real Estate – May 2013

This Month In Real Estate for May 2013: Selling Your Home For More And Faster and taking a look at the national home sale numbers.

Home sales nationally continued to improve in both unit sales numbers as well as increases in average sale price. The national average on a 30 year fixed rate mortgage is currently at 3.41% Get preapproved for a home loan

Homes today that are properly priced for the market may sell very quickly. According to Keller Williams (KW) research homeowners that spend an average of $250 on staging for a $200,000 home can result in a sale price almost 2% higher than homes that are not staged. The research also revealed that only 1 in 3 home sellers did any staging of their home.

Thinking of selling your home in one of our areas of specialization including West Chester, Mason, Fairfield Township and Liberty Township ? Request A Free Market Value Analysis Here

Homes with the best pricing and the best condition go first and sell quickly! Need more information on preparing your home for sale? Request a no obligation consultation here!

Other articles that you may find interesting:

Top 10 Tips When Selling A Home In West Chester & Mason Ohio

Preparing Your West Chester & Mason Ohio Home For Sale

Request A FREE Market Value Analysis Of Your Current Home To Learn It’s Value

West Chester & Mason Ohio Real Estate: This Month In Real Estate – December 2012

December 10, 2012 by Eric Lowry Leave a Comment

West Chester & Mason Ohio Real Estate: This Month In Real Estate – December 2012

This Month In Real Estate for December 2012 takes a look at the national home sale numbers and also reveals Keller Williams (KW) research on the primary reasons that sellers decide to move.

According to Keller Williams (KW) research home sellers decide to sell due to one of the following factors:

1.) A desire to move up / upgrade to a bigger home or better neighborhood

2.) The need to relocate due to work

3.) Change in family status, such as expecting a baby, children going off to college or retirement.

Are you thinking of selling your current home?

Request A FREE Market Value Analysis Of Your Current Home To Learn It’s Value

Other articles that you may find interesting:

Selling A Home In West Chester Ohio

Top Ten Reasons You Should List Your Home For Sale During The Holidays

November 20, 2012 by Eric Lowry Leave a Comment

Top Ten Reasons You Should List Your Home For Sale During The Holidays

There are many reasons you should list your home for sale during the holidays. The absolute best time of course is determined by your need to sell and the reasons and timing behind that decision. Here though are the Top Ten Reasons You Should List Your Home For Sale During The Holidays:

10.) By selling now, you may have an opportunity to be a non-contingent buyer during the spring, when many more homes are on the market.

9.) Even though your home will be on the market, you still have the option to restrict showings during the six or seven days around the holiday.

8.) January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until spring to buy, you need to be on the market during the holidays to capture that market.

7.) Some people must buy a home before the end of the year for tax reasons.

6.) Buyers have more time to look for a home during the holidays than they do during a work week.

5.) Buyers are more emotional during the holidays, so they are more likely to pay your price.

4.) Homes show better when they are decorated for the holidays.

3.) Since the supply of homes for sale will dramatically increase in January, there will be less demand for your particular home. Less demand means less money for you.

2.) Serious buyers have fewer houses to choose from during the holidays and less competition means more money for you.

And the number one reason you should list your home for sale during the holidays…

1.) People who look for homes during the holidays are more serious buyers!

Home Prices In Mason Ohio For November 2012

Home Prices In West Chester Ohio For November 2012