Want to Sell Your House This Fall?

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Fall often signals a slowing down in the real estate business. While steady home sales are expected to continue through the year, many regions will likely slowly shift from a sellers market to a moderate or buyers market, meaning if you’re selling, you’ll want to do everything you can to make you house look its best.
As you set out to put your home on the market and add your home sale to this year’s statistics, keep the following fall tips in mind:
Curb appeal. A home shopper’s first impression is everything. The moment they pull up to the curb, they’ll make an instant judgment. You’ll want to be sure it’s positive. You can begin by making sure leaves are raked, and your shrubs and bushes are pruned.

Make sure your walkway is free of leaves and debris.

Trim trees so unexpected winds don’t knock down branches that could damage your home or hurt anybody.

If it is rainy, be sure you have a good doormat so all potential homebuyers can wipe their feet and not traipse mud and water through the house.

Make sure gutters are free from debris and are draining properly.

If you already have snow, be sure you clear the front walkway to the door. And if you have stairs leading to your front door, make sure they’re not icy.

If you live in a warm region, plant a few fall annuals to give your exterior some instant color.

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Secrets to a Successful Move

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Planning to move this summer? You’re not alone — summer is the busiest time of year for professional movers, according to the American Moving and Storage Association. It’s an arduous process, but these tips will make your transition much smoother.

If you’re planning to use a moving company, call now. As busy as they are, they usually need plenty of notice — often at least six weeks or much more if you’re moving a long distance.

Be sure to build in some overlap between the closing/possession date of your new home and the last day of the lease on your rental (or closing date of your current home). Moving always takes much longer than you think. If you want to make any changes to your new home — for instance, paint some walls, put in new carpeting or refinish wood floors — plan enough time to do it BEFORE you move in so your furniture and belongings are not in the way.

Pare down your belongings. There’s no sense moving things you don’t need or want. Look through your house for rarely used items. Discard anything that’s beyond repair, have a yard sale to get rid of the rest, and plan to load unsold merchandise into your car right away so you can take it to the charity of your choice.

Make notes about your new house — room measurements, door measurements, location of electric/cable/phone outlets — so you can determine exactly where your belongings will go. Measure appliances to make sure they fit the space available. When I moved from Florida to Colorado, I measured my refrigerator’s width but not its depth. I hadn’t taken my new kitchen’s floor plan into consideration, and my fridge stuck out so far that I couldn’t open the dishwasher. I’ve also had friends who bought wonderful overstuffed furniture, only to find they couldn’t get it through the doorways of their new house.

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Housing Trends Newsletter


JANUARY – 2013 Newsletter Housing Trends eNewsletter


Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and Realtor.org reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

Please click here to view the JANUARY – 2013 Newsletter Housing Trends eNewsletter.

If you are interested in determining the value of your home, click the Home Evaluator link for a free evaluation report.

MBSQuoteline- Mortgage Rates Move Higher

Mortgage Rates Move HigherThe year began on a rough note for mortgage rates. A one-two combination of a fiscal cliff deal and unfavorable news from the Fed caused mortgage rates to end the week sharply higher. The economic data released this week generally came in close to expectations.Wednesday, mortgage rates reacted to the news that politicians reached a fiscal cliff deal which will avoid most of the spending cuts and tax increases which were set to take place at the start of 2013. While much of the debate was simply postponed, the deal reduces the risk of slower economic growth which would have resulted from the expiring programs. This was good news for stocks and bad news for bonds.The second big surprise this week came from Thursday’s release of the FOMC Minutes from the December 12 Fed meeting. Investors have believed that Fed officials intend to continue purchasing mortgage-backed securities (MBS) and Treasuries for quite a while. The Minutes revealed that there was far less support for Fed asset purchases than previously thought, however. With the Fed currently buying the majority of all newly issued MBS, the hint that Fed purchases could end sooner than expected caused MBS prices to decline. Since mortgage rates are largely determined by MBS prices, mortgage rates increased.
 Also Notable:

  • The Unemployment Rate remained at 7.8% in December
  • The economy added an average of 153K jobs per month during 2012
  • Gold prices dropped to the lowest levels since August
  • The Treasury will auction $66 billion in 3-yr, 10-yr, and 30-yr securities next week
Average 30 yr fixed rate:
Last week:

-0.03%

This week:

+0.20%

Stocks (weekly):
Dow:

13,400

+400

NASDAQ:

3,100

+125

Week AheadThe economic calendar will be very light next week. Import Prices and the Trade Balance will be released on Friday. There will be Treasury auctions on Tuesday, Wednesday, and Thursday.For more information contact-

Beau House
Pulaski Bank
VP – Sr. Loan Officer

PHONE:
(314) 579-7759

FAX:
(314) 579-7859

http://pulaskibank.com/bhouse.aspx

bhouse@pulaskibank.com

 

 

 

To learn more about news impacting interest rates and mortgage markets, go to www.mbsquoteline.com
To learn more about the newsletter, please call 800-627-1077
All material Copyright © Ress No. 1, LTD and may not be reproduced without permission.

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