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المحتوى المقدم من Shawn Anderson. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Shawn Anderson أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
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What’s Going on in the Market Right Now?
Manage episode 227224426 series 1016957
المحتوى المقدم من Shawn Anderson. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Shawn Anderson أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
Our market has slowed down a tad, but that’s only because there are so few homes for sale and such high demand.
Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report
Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report
We’ve got another great market update for you. We’re still in a good market, but the big challenge is our limited inventory. At the end of last week, we only had 181 homes on the market, which is a severe shortage. Even just a few years ago, we had four times as many homes for sale.
Because of this limited inventory, first-time buyers are having a tough time and sales are lagging just a little bit. However, it’s still a good market with good opportunities for both buyers and sellers.
If you're looking to sell your home right now, we have 13 agents working with multiple buyers in multiple price ranges. Selling is easy in this market because there are plenty of people looking to buy.
“
”
February is actually one of the better months to sell.
Some people think it might be a little too early to get on the market, but bucking the trend and listing now makes it easier for your home to stand out. I think February is actually one of the better months to list because buyers are looking and most sellers are waiting. The average days on market right now is just 38.
We don’t know what the next 12 months will look like for sure, but I don’t see any economic indicators for a massive slowdown. We will see a bit of a slowdown just because of the limited inventory, but there’s still plenty of demand. Values won’t drop like they did in 2008. When you couple this with rising interest rates, it means this market is a whole lot more stable than what we’ve seen in the past.
If you have any questions for us in the meantime, don’t hesitate to give us a call or send us an email. I look forward to hearing from you soon.
22 حلقات
Manage episode 227224426 series 1016957
المحتوى المقدم من Shawn Anderson. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Shawn Anderson أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
Our market has slowed down a tad, but that’s only because there are so few homes for sale and such high demand.
Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report
Want to Buy a Home? Search All Homes
Want to Sell a Home? Get a Home Value Report
We’ve got another great market update for you. We’re still in a good market, but the big challenge is our limited inventory. At the end of last week, we only had 181 homes on the market, which is a severe shortage. Even just a few years ago, we had four times as many homes for sale.
Because of this limited inventory, first-time buyers are having a tough time and sales are lagging just a little bit. However, it’s still a good market with good opportunities for both buyers and sellers.
If you're looking to sell your home right now, we have 13 agents working with multiple buyers in multiple price ranges. Selling is easy in this market because there are plenty of people looking to buy.
“
”
February is actually one of the better months to sell.
Some people think it might be a little too early to get on the market, but bucking the trend and listing now makes it easier for your home to stand out. I think February is actually one of the better months to list because buyers are looking and most sellers are waiting. The average days on market right now is just 38.
We don’t know what the next 12 months will look like for sure, but I don’t see any economic indicators for a massive slowdown. We will see a bit of a slowdown just because of the limited inventory, but there’s still plenty of demand. Values won’t drop like they did in 2008. When you couple this with rising interest rates, it means this market is a whole lot more stable than what we’ve seen in the past.
If you have any questions for us in the meantime, don’t hesitate to give us a call or send us an email. I look forward to hearing from you soon.
22 حلقات
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×Real estate can be intimidating, but Anderson Hicks Group is here to help! Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report This is Andrew. Andrew hates being an adult. Social obligations scare him, and bills make him want to curl up and quietly sob. On top of that, he has to have “the talk” with his kid in four to six years. If you’re like Andrew, you have much more to worry about than buying or selling a home. Anderson Hicks Group is here to help you! We get it. No one wants to do the real estate thing alone. So rather than stressing, be like Andrew, and kick back and sip some flavored lemonade on your front porch. We'll take care of the rest. To see our listings, or get in contact, check out our website here .…
Selling your home quickly and for top dollar in our market means overcoming obstacles and avoiding some all-too-common mistakes other sellers make . Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report If you plan on selling your home soon, there are three common mistakes you need to avoid if you want to maximize your sale. The first is forgetting that first impressions are important . Imagine that you’re going to a new restaurant for the very first time—how important is the first impression you get when you pull into the parking lot? Does it look appealing or dirty and rundown? The same logic applies to your home sale. Your home starts “interviewing” for the job of being someone else’s the moment a buyer pulls up to the curb to look at it. After they get out, they’ll be scanning everything from the front yard’s landscaping to the entire front-facing exterior, and this focus gets even more magnified once they reach the front door and have to wait for their agent to open it. So, pay attention to the area from the street to the front door and make sure it heightens buyers’ expectations of what the inside of the home looks like . “ We absolutely have our finger on the pulse of the market. ” The second mistake is not hiring a team of experienced professionals to represent you . We see nice houses listed all the time that get passed over because they’re overpriced or their listing photos don’t look good, and having a team like the Anderson Hicks Group by your side will ensure the same thing doesn’t happen to your home. Because we’re in a seller’s market and inventory is low, it’s widely believed that every home will sell no matter what. While most homes will end up selling, they won’t maximize their sale price without specialization and expertise. You need a professional to handle each phase of the listing process. If you do so, you’ll sell for 5% or even 10% more. The last mistake is not having your finger on the pulse of the market . The market is changing quickly, and knowing how to put your home in a position to sell is crucial if you want to get the best deal possible. This is one more reason why having a team like us by your side is crucial—we absolutely have our finger on the pulse of the market. If you’d like to know more about this topic or you’d like to start the home selling process today, don’t hesitate to reach out to us. We’d love to help you .…
Pricing your home correctly is essential, and today we’ll explain why . Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report With between one and three months’ worth of inventory available in our market right now, buyer demand is high. Some sellers assume this gives them the license to price their homes however they want, but this isn’t the case. To sell quickly and for top dollar, strategic pricing is key . Even in a low-inventory market, overpricing your home is a surefire way to deter buyers. And, usually, by the time you realize this is happening and decide to lower the price, buyers will have moved on. The longer a home sits on the market, the less likely it is to attract the interest of buyers. Ultimately, it’s the market, not your preference, that dictates the price of your home. You’ll need to work closely with an agent if you want to maximize your profit when selling , as they’ll have the necessary tools and resources to choose a price that reflects what buyers are willing to pay for a home like yours. “ It’s the market, not your preference, that dictates the price of your home. ” When you work with the Anderson Hicks Group, specifically, you can trust that our professional marketing strategies will help boost the amount you can earn for your property even beyond what it would ordinarily bring in. It’s all part of what we do as your trusted real estate resource. If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon .…
Though there’s a shortage of skilled tradespeople, we have just what you need to get the services you’re looking for . Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report Since builders and subcontractors are in such high demand right now, homeowners are having a hard time finding people to fix things around the house. Regardless of whether you need a heating contractor, plumber, or handyman in general, it seems like everyone is already busy. We’re facing a severe shortage of skilled tradespeople . Fortunately, we’ve found a way to get around this problem—we put together a list of the contractors that we ourselves work with. Basically, we have a concierge service that lets us get our clients in contact with the service providers they need. However, we’d be more than happy to share our great contacts with anyone who needs a hand. When contractors are already booked for weeks on end, it’s easy for them to focus on the job at hand and forget to pick up the phone. A one-off job simply doesn’t hold the same weight as a longer contract. The Anderson Hicks Group works with these contractors on a long-term basis, however, so our connection with them also serves you. You’ll get that phone call returned. “ We have a concierge service that lets us get our clients in contact with the service providers they need. ” Our contractors do such a great job for us and our clients, and they’d be more than willing to help not only us, but you as well. Reach out to us if you’d like to get a skilled contractor in your home—we’d be happy to put you in touch with one. In the meantime, make sure to check out our website . It’s a great way to find an accurate value for your home and to check out what comparable homes are going for. And if you have any questions or need more information, contact us! We look forward to hearing from you soon .…
As a buyer in our market, it’s important to work with an agent who can get creative to find you the right home. Here’s an example of how our team does this . Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report Everybody knows there is a shortage of inventory in the Bonneville County market, and we’re working with plenty of buyers who are pre-approved and ready to buy—all they need is the right home. If you’re in the same position, you need to work with an agent and team who know how to get creative in order to find you the right home. For example, on our team, we’re designing a program that reverse-markets our buyers to the community at large . With this program, we get the word out about who our buyers are and what they’re looking for so that potential sellers know about them. “ You need to work with an agent and team who know how to get creative in order to find you the right home . ” Additionally, since we have many agents on our team, we work with plenty of sellers in the same market and have our own in-house list of “coming soon” properties that are about to be listed. By working with us, you’d have the inside track to these listings and potentially the chance to buy them before anyone else . In this way, our buyer program works to benefit our sellers as well. By the time your home is ready to be put on the market, we may already have several buyers who are interested in it and are qualified to purchase it. If you have any more questions about how we help our buyers achieve their real estate goals or you have any other real estate needs at all, don’t hesitate to reach out to us or visit our website . We’d love to hear from you .…
If you want to sell your home and have a safety net while doing so, one of these two programs may be perfect for you . Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report Our market is facing a massive problem: There isn’t enough supply to meet current demand. In response to this issue, our team has created two options to help sellers ensure their success. After all, any seller trying to find their next home while listing their current one has enough on their plate as it is. The first solution is our guaranteed sale program . Through this program, we list your home at fair market value, but also sign a contract stating that we’ll buy it from you if no buyer comes along by an agreed-upon deadline. This allows you, as a buyer, to submit offers that are contingent upon the closing of your current home, rather than the sale of it. If the guaranteed sale program doesn’t sound right for you, you may be interested in our second option: the instant offer program . With this program, we cut straight to the chase and buy your property outright. Generally, we’re able to close within the week. So if time is of the essence, this may be the perfect arrangement for you. If you have any other questions, would like more information, or would like to speak more about how we can approach your specific circumstances, feel free to give us a call or send us an email. We look forward to hearing from you soon .…
Our market has slowed down a tad, but that’s only because there are so few homes for sale and such high demand . Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report We’ve got another great market update for you. We’re still in a good market, but the big challenge is our limited inventory. At the end of last week, we only had 181 homes on the market, which is a severe shortage. Even just a few years ago, we had four times as many homes for sale . Because of this limited inventory, first-time buyers are having a tough time and sales are lagging just a little bit. However, it’s still a good market with good opportunities for both buyers and sellers. If you're looking to sell your home right now, we have 13 agents working with multiple buyers in multiple price ranges . Selling is easy in this market because there are plenty of people looking to buy. “ February is actually one of the better months to sell . ” Some people think it might be a little too early to get on the market, but bucking the trend and listing now makes it easier for your home to stand out . I think February is actually one of the better months to list because buyers are looking and most sellers are waiting. The average days on market right now is just 38. We don’t know what the next 12 months will look like for sure, but I don’t see any economic indicators for a massive slowdown. We will see a bit of a slowdown just because of the limited inventory, but there’s still plenty of demand. Values won’t drop like they did in 2008. When you couple this with rising interest rates, it means this market is a whole lot more stable than what we’ve seen in the past . If you have any questions for us in the meantime, don’t hesitate to give us a call or send us an email. I look forward to hearing from you soon.…
From left to right: Kris Bertagnolli, Mike Hicks, and Shawn Anderson discuss merging their real estate businesses. Want to Buy a Home? Search All Homes Want to Sell a Home? Get a Home Value Report You may have heard about our recent merger, where we combined our real estate business with those of Kris Bertagnolli and Mike Hicks to become the Anderson Hicks Group. Today we’d like to answer the biggest questions we’ve gotten about the merger. For your convenience, we’ve included timestamps for each topic of discussion. Feel free to navigate to the section(s) you’re most interested in viewing: 0:06 - Answering a big question about the hairstyles 0:33 - Introduction to the Q&A 0:59 - Why did we decide to merge our teams? 2:26 - What was the biggest challenge to overcome when merging? 3:55 - What will be the biggest difference now that we’ve merged? 5:03 - Can people still work with specific agents? 5:24 - Outtakes and bloopers If you have any other questions or need further information, feel free to reach out to us. We look forward to hearing from you soon .…
Certain conditions have created a great opportunity for home sellers in our market. Here’s how you can take advantage . Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Something amazing is happening in our Eastern Idaho market right now. If you look across the board, we only have 1.5 months of inventory, which means there is a shortage of homes available. Some price ranges are even below a one-month supply. Any time a market has an inventory of less than five months, it’s considered a seller’s market. This lack of inventory isn’t surprising for most people, but the cool thing is that in our area, it’s still a buyer’s market above $300,000. In that range, there’s still an excess of inventory, so buyers can still get a pretty decent deal there. "The best way to take advantage of a market is to sell a house in a seller’s market and then buy a house in a buyer’s market." What does this mean? If you’re transacting on both the buyer and seller side in the same market conditions, it doesn’t matter if it’s a buyer’s or seller’s market. Everything is a wash. If you take a hit on one side, you can make it back up on the other side, and vice versa. The best way to take advantage of a market is to sell a house in a seller’s market and then buy a house in a buyer’s market, and that opportunity exists right now in Bonneville, Jefferson, and Bingham counties. If you list a home that’s under $300,000, you’re listing that home in a seller’s market, which means you’ll be able to sell it quickly and for top dollar. After that, you can look in the price range above $300,000 and take advantage of the conditions there. If this opportunity sounds like something you’d be interested in or you have any other questions about our current market, don’t hesitate to reach out to my team. We’d love to help you.…
I keep a list of my favorite places to eat around Idaho Falls. Here it is. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Today I want to do something a little different. Instead of talking about the real estate market, I want to talk about the restaurant market here in Idaho Falls. I’m a list-keeper, so when I come across a place I love I put it on a list so that I can pull it up later for future reference. Here are some of the best places on my list around town. Hopefully you find something new! If you’re looking for some fine dining, there are a number of spots around Idaho Falls you need to visit. When I was growing up here, the selection wasn’t near what it is today. In the last five years, we’ve seen some fantastic, inventive new restaurants open up. One of them is Chef Shane’s Perspective . When you walk in, you're not quite sure what to expect. However, when the food comes, you’ll know exactly where you are: a delicious restaurant. The Cellar is another classic. I’ve only been there a few times, but I’ve never walked away disappointed. Finally, we have Copper Rill. All three of these places are great if you’re looking for delicious food, whether it’s a special occasion or not. As far as casual dining goes, I’ve got a few local favorites to share. SnakeBite is one of the best, just make sure you bring cash because they do not take credit cards. Trust me, the food is worth it. "Make sure you have cash if you're going to SnakeBite." Stockman’s and Pit Master are also good bets. I’d give Abracadabra’s a shot too if you’re looking for something new. If you’re looking for something healthy, my wife’s favorite spot is Arugula’s Deli . They've got healthy, fresh food that’s made with all-natural ingredients. If you’re looking for something on the opposite end of the healthy spectrum, Franklin’s Famous Cheesesteaks is the perfect cheat meal. If you have any questions about any of these restaurants or anything else relating to Idaho Falls real estate, don’t hesitate to give me a call or send me an email. I would love to hear from you.…
As we move into the end of the year, let’s take a look at how our market is faring. Right now, we’re still in a strong seller’s market. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale It’s been awhile since we’ve taken a look at our recent market numbers. So today, I’m bringing you a market update. As summer comes to an end, a lot of people begin to wonder where the market is headed. If you are one of those people and would like to receive monthly market updates from my team and I, we would be happy to send you out our real estate market overview report. For now, let’s move on to our latest update. Right now, we have two months of inventory. This has been the case for a while, and we’re still definitely in a seller’s market. In order for us to see a balanced market, the inventory would need to rise up to five months. The good news is that low inventory points to a strong economy. It means that buyers are confident and ready to make purchases. As a result, homes are moving very quickly off the market, with homes under $200,000 selling especially fast. In fact, homes in that price range are closer to a one month supply. Even homes up to $400,000 are seeing just about two months. "Buyers are confident and ready to make purchases." If you happen to be listing in either of these ranges right now, my team and I would love to help you. No one else invests in driving traffic to your listing the way we do. But, buyers shouldn’t feel discouraged. There are still a lot of great opportunities out there for those who are looking instead of listing. Interest rates are great right now and listings are coming on the market all the time. Our team has three incredible buyer’s agents who are here to help. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
The Anderson Group will be servicing Sheldon Dance’s clients while he’s away on his mission, and we couldn’t be more excited to get to work. Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale My team and I recently partnered with Sheldon Dance to service his clients while he’s away on a mission trip, so today I want to take this opportunity to introduce The Anderson Group and tell you what we’re all about. I’ve been in the real estate business for 10 years. I was born and raised in Idaho Falls, so I know this area very well. Our team consists of 15 people, including five licensed agents—two listing agents and three buyer’s agents. "Our team is ready to help you in any way we can." Our structure is a little unique in that we have different people on the team who focus on different parts of the business in order to deliver a level of service we’re very proud of. If you look us up on Zillow, you’ll find that we have over 400 reviews from past customers raving about our business model. Attached below is a letter Sheldon himself wrote addressing this transition and his full confidence in our partnership. Sheldon's Letter Our team is ready to help you in any way we can. If you have any questions, please don’t hesitate to reach out to us. We’d love to speak with you.…
Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Our marketplace is currently experiencing rising prices. Likewise, an appreciating market leads to challenges with appraisals. In the last month, I had this situation come up five times. Prior to this year, I probably saw it five times in nine years of selling homes. Recently, we sold a home in Idaho Falls. After we conducted a market analysis, the home was worth somewhere around $145,000. However, with all the work they’ve done on the property, we ended up listing it at $159,000. The sellers accepted a full-price offer within a few weeks! The appraiser came back with $153,000 valuation on that house, even though it sold for more. In situations like this, the buyer can walk away if they’re not pleased with the listing price. Their lender might only loan up to a certain percentage as well. On the flipside, because buyers have limited options, you have a higher likelihood to walk away with top dollar. When you aggressively price a home, it’s a matter of finding a buyer willing to buy it. Sometimes, there will be a dissonance with the appraiser's judgment. However, that’s only one perspective and everyone looks at home values differently. Some buyers are extremely limited and will pay the price for the features they want. If you’re thinking about buying or selling a home in Idaho Falls or the surrounding area, give us a call or send us an email. We’d be happy to help you and answer any real estate questions you might have!…
Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Last year at this time, we had a 4.9 month supply of inventory. Five to seven months of inventory is considered a balanced market, and anything under five is considered a seller’s market. So in 2015, we had just crossed the line into a seller’s market, and we have stayed there ever since. Today, there is only a 2.7 month supply of homes on the market, which is a very strong seller’s market. There is a shortage of homes available. The good news for sellers is that the current list to sales price ratio is 99.6%, meaning sellers are netting almost all of the asking price. Buyer concessions are not calculated into that ratio, but this is still great news if you’re a seller. The market can be a bit challenging if you’re a buyer but there are still some great deals out there. If you work with the right agent, you can still find a property at a good price. Last year, the list to sales price ratio was 98.14%. Homes are selling faster than they were last year, too. In 2015, the average days on market was 92, and this year, homes are on the market for an average of 75 days. That’s a significant drop. The average sales price in Bonneville is up from $155,000 in 2015 to $172,000 this year. Those numbers do not reflect the exact amount of appreciation in our market, as the average sales price is pulled up due to the growing number of sold luxury homes. However, we have definitely seen about 7% to 8% appreciation in the last 12 months. If you’re a buyer, it’s critical to have an agent looking for properties for you every morning. Although it might seem easy to sell in this market, you still need a professional on your side to maximize what you get out of your house. If you have any questions, give us a call or send us an email. We would be happy to help you!…
Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale I’m surprised by the market in Idaho Falls currently. We’re currently experiencing inventory beginning to expand. As we’ve discussed before, we examine inventory levels through the absorption rate. Now, we have a 2.5% absorption rate. A balanced market normally has about six months worth of inventory available. Theoretically, it’d take six months to sell all the homes on the MLS. Currently, we have around 2.6 to 3.5 months of supply. Additionally, it takes around 72 to 76 days on average to sell in our market. We also like to figure out the likelihood of homes selling. I do this by going back ninety days and analyzing homes that have sold since being listed. This data just scratches the surface. I expect the market to be on fire this year. I anticipate the likelihood for sellers to increase. However, it can’t be done without more inventory. That’s why now is an opportune time to list! If you’re looking to either buy or sell around the Id aho Falls area, I’d be happy to help. Reach out by phone or email!…
مرحبًا بك في مشغل أف ام!
يقوم برنامج مشغل أف أم بمسح الويب للحصول على بودكاست عالية الجودة لتستمتع بها الآن. إنه أفضل تطبيق بودكاست ويعمل على أجهزة اندرويد والأيفون والويب. قم بالتسجيل لمزامنة الاشتراكات عبر الأجهزة.