It’s 11/11….and here’s The Top 11 Reasons You Should List Your Home During The Holidays

Holiday-Proof-Your-Real-Estate-Business

The Top 11 Reasons You Should List Your Home During The Holidays

11. By selling now, you may have an opportunity to be a non-contingent buyer during the spring, when many more houses are on the market for less money! This will allow you to sell high and buy low!

10. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year for a time convenient for you!

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

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 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 working week!

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

4. Houses show better when decorated for the Holidays!

3. Since the supply of listings 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 why you should list your home during the Holidays…..

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

Now after reading “The Top 11 Reasons You Should List Your Home During The Holidays” what are you waiting for???

Don’t miss out by waiting until the spring, list your home now and sell now!

Contact me today…and yes, I’m working all through the holiday season!!!

914.902.3220

epatrice@epatricehayes.com

www.epatricehayes.com

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Search homes at www.MultiStateRealEstateBroker.com
Search luxury homes at www.epatricehayes.com

Keller Williams Realty Group

760 White Plains Rd

Scarsdale, NY 10583

Phone: 914.902.3220

epatrice@epatricehayes.com

An Important Message – The Real Estate Waiting Game Is Over

An important message from our in house lender Mortgage Master…..

The Real Estate Waiting Game Is Over

If you’re like a lot of homebuyers, you’ve probably found a comfortable spot on the sidelines of the real estate market to simply sit and watch. Who can blame you? Over the past several years, home values have decline considerably, sales volume has turned down, and mortgage rates have dropped.

There’s just one problem: none of that is true anymore. Furthermore, if you wait too long, missing out on today’s real estate opportunities could be more costly than you realize.

While, at one time, waiting out the market seemed the wisest possible play to make, the waiting game is over, and the “opportunity of a lifetime” — once characterized by cheap money and cheap homes — is clearly starting to pull out of the station.

Consider these statistics:

  • Home prices are creeping up. At the time of this writing, the median price for new homes sold in April hit $271,600, according to the Census Bureau. That’s higher than its 2006-2007 peak. April’s median home sales price for existing homes was $192,800, the National Association of Realtors reports, marking a 14-month run of consecutive year-over-year price gains. The last time that happened was from April 2005 to May 2006, at the height of the real estate boom.
  • Inventory is getting scarce. The inventory of existing home sales for April was 13.6% below April 2012′s 6.6-month supply, with current, and now only comprises a 5.2-month supply. New homes are in a similar boat, with a 4.1-month supply of homes at April’s sales pace.
  • Rates are showing signs of increasing. Over most of 2012 and the first half of 2013, the average rate on 30-year mortgages has been below the 4% mark, but that could be changing. In April, the average edged up on 4% with rates in the 3.91% to 3.98% territory, depending on the week and the lender. The last time mortgage rates were at 4% was March 2012.

But most importantly, it costs you money to wait — sometimes, lots of it. When the market starts appreciating, as it is starting to do, it is nearly impossible for your savings to keep pace with market gains.

Let’s take the median existing home as an example: If that home’s current $192,800 price tag increases by 5% over the next 12 months, its value will have gained $9,640 to hit $202,440. Will you be able to save $9,640 over a year, in addition to covering all your additional expenses? That’s a critical question you must ask yourself, because that amount of money could cut into your down payment or costs to close the loan.

Factor in an increase in mortgage rates and today’s deal could quickly elude you in just a few short months. If you are interested in purchasing a home, and don’t want today’s opportunities to escape you, now is the time to start running the numbers.

Call me today and I’d be happy to sit down with you to assess your current buying power and the financing options available to you!

Keep in mind I always offer FREE pre-approvals. If you are already working with another lender, reaching out for a second opinion is always a good idea.

* Mortgage Master is not a credit counseling or financial advisement firm and this information is for educational purposes only and is not to be taken as guidelines or guarantees to improve your credit or financial situation or eligibility to secure a home loan.

Christian G Babcock

Senior Loan Officer
www.mortgagemaster.com/cbabcock
Mortgage Master Inc. l 520 White Plains Road l Tarrytown, NY 10591
[o] 914.586.1108 [c] 914.447.9691 l [f] 914.206.9641 I NMLS ID: 181227
CLICK HERE TO APPLY ONLINE
Recognized as Top 1% of Loan Officers in America by Mortgage Executive Magazine
Mortgage Master All Pro Team

_____________________________________________________

E Patrice Hayes

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Search homes at www.MultiStateRealEstateBroker.com
Search luxury homes at www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220

 

Weekender: Meet Designer Vern Yip Saturday at Phipps Plaza

Weekender: Meet Designer Vern Yip Saturday at Phipps Plaza

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HGTV Home Pop-Up Showroom appearance by designer Vern Yip: Come meet Yip, known for his incredible interior designs during his time on Trading Spaces at the HGTV Home Pop-Up Showroom, which runs from now until June 4. Yip will only be there this Saturday.

When: Today, Saturday May 18, 2013 at 1-4 p.m.

Where: Phipps Plaza

Cost: Free

Read more at Buckhead Patch

E Patrice Hayes

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Search homes at www.MultiStateRealEstateBroker.com
Search luxury homes at www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220

2013 1st Quarter Luxury Home Market Report

Institute for Luxury Home Marketing

New Luxury Home Market Reports Now Available at www.epatricehayes.com for:

-2013 1st Quarter Luxury Home Market Report – New York (Bronx and Westchester Counties) and Connecticut (Fairfield County)

-2013 National Luxury Home Market Report from the Institute for Luxury Home Marketing

The 2013 1st Quarter Luxury Home Market Report Includes The Following Cities: Riverdale, Bronxville, Harrison, Harstdale, Larchmont, Mamaroneck, New Rochelle, Pelham, Rye, Scarsdale, White Plains, Greenwich and Stamford.

View Previous Quarterly Luxury Market Reports and Luxury Homes for Sale at www.epatricehayes.com

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
www.MultiStateRealEstateBroker.com

Keller Williams Realty Group

Phone: 914.902.3220

Beyond the Numbers, Confidence Returns to Housing

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The housing numbers are all heading in the right direction. Home prices up, foreclosures down and, perhaps the most important, consumer confidence in housing swelling. Even as sales of new and existing homes bounce up and down month to month, the desire to buy is growing. Read more at Yahoo Finance.

Interested in buying a home? View homes for sale at www.MultiStateRealEstateBroker.com

E Patrice Hayes

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Keller Williams Realty Group

Phone: 914.902.3220

Buying now cheaper than renting in most housing markets

trulia Buying now cheaper than renting in most housing markets

According to the Trulia Winter 2013 Rent vs. Buy Report, buying a home in the top 100 major metros is cheaper than renting, even in light of home prices rising….although rents and home prices are both rising, home ownership is still more affordable. Trulia says buying a home is 44 percent cheaper than renting nationwide, down just slightly from 46 percent in 2012. By next year, buying could be more expensive than renting in some housing markets, even for people with the best credit.
Read more at AG Beat

E Patrice Hayes

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
Search homes for sale at www.MultiStateRealEstateBroker.com

Keller Williams Realty Group

Phone: 914.902.3220

How luxury-home owners dodge foreclosure

When the owners of high-end homes fall way behind on their mortgage payments, foreclosure is not a foregone conclusion. Lenders can be more willing to craft a new payment plan to make high-dollar homes more affordable. Paperwork and procedures are also often delayed, keeping homeowners in some states in their homes for two or more years after they’ve stopped making mortgage payments. And in some cases, lenders are offering homeowners tens of thousands of dollars in cash in exchange for their agreeing to a short sale, in which a home is sold for less than the borrower owes on the mortgage.

Read more at Market Watch
Interested in finding foreclosure and short sale luxury properties for sale? Search at www.epatricehayes.com

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Keller Williams Realty Group

Phone: 914.902.3220

Housing jobs boosting national economic recovery

construction worker Housing jobs boosting national economic recovery

The growth of housing jobs is more than double the national employment growth rate, which could continue to improve and outpace other sectors in 2013.
Read more at AG Beat

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220

Luxury Lock Down | Former Dutch Prison Transformed Into a Luxury Hotel

Luxury Lock Down | Former Dutch Prison Transformed Into a Luxury Hotel

Ever what happens to an unused jail facility? The folks in the Netherlands made great use of unused space. Het Arresthuis is a 19th-century-prison in the Netherlands that was abandoned some time ago. The unused penitentiary was transformed into a luxury hotel. The structure was remodeled with modern and chic touches while preserving its rich history as a former penitentiary.
Read more at Stupid Dope

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
View luxury homes for sale at www.RyeLuxuryProperties.com

Keller Williams Realty Group

Phone: 914.902.3220

Atlanta Mansion Has its Own Baseball Diamond

Atlanta mansion with baseball diamond

We’ve seen backyards with shooting ranges and hockey rinks, but we’ve never seen a backyard with a full-size baseball diamond before — until now. Though it’s no Wrigley Field or Fenway Park, the backyard on this Atlanta mansion is about the next best thing, we think. Baseball not really your thing? No worries. This $9.7 million beast of a home also boasts a helicopter pad for the aviation-obsessed, and a Hartley-Botanic greenhouse for the green thumbs. Read more at Real Estate AOL

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

View luxury homes for sale in NY, CT & GA at www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220