NEW YORK (CNNMoney) -- Mortgage rates sunk to record lows again this week. The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac's weekly mortgage rate survey.
Read all of Mortgage rates fall to record lows
In today’s market, most listings aren’t instantly flying off the market. While we all know price is one of the most important factors in the sale of a home, there are other factors they can improve the saleability of your listings. Here are a few tips to get that stale listing sold plus a handy download designed just for sellers.
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Now all real estate flyers created by the ByOwnerOregon.com system offer QR codes so a user could scan the barcode and be directed right to the listing on the website. Click here to see a sample flyer
As part of the "Your For Sale By Owner Coach" video series, this "Understanding Contracts and Paperwork" video will give you a solid understanding of the contracts and paperwork you can expect to encounter when selling your home.
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"How To Negotiate Your Home Sale" will walk you through what to expect when negotiating your real estate transaction, without the help of a real estate agent. From preparing for the negotiation to crafting a counteroffer, this video will arm you with all of the information you need to successfully negotiate the sale of your home.
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Watch this video to learn how to show your home like a professional. Become versed in the questions to ask potential buyers, the appropriate information to have on hand and how to follow up after a showing. "How To Show A Home" is the 4th video in the "Your For Sale By Owner Coach" video series.
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By the end of this video, you will have all of the information you need to successfully market your home without the help of a real estate agent. "How To Market Your Home" is the 3rd video in the "Your For Sale By Owner" coach video series.
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"Your For Sale By Owner Coach" video series presents "How To Stage A Home". You only get one chance at a first impression, so make sure your home looks appealing to all potential buyers by properly staging it. Watch this video for key staging tips and hints, as well as the common staging mistakes to avoid.
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As a For sale By Owner, one of the most difficult things to do when selling is pricing your home right. This video from forsalebyowner.com offers some great tips, geared towards For Sale By Owner sellers, to help them determine the right price. We always recommend having a professional appraisal by a licensed appraiser, which will cost about $300 to $400. This will give you the most accurate market value for your local area. By pricing your home right for today’s market and using our Flat Fee Listing service, you can save thousands of your hard earned equity when selling your home.
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Activity dips during week of Halloween
When comparing the week of October 25 - October 31 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox decreased 4.5% in Washington and 3.6% in Oregon.
Washington
Oregon
Now your Commercial listings can be seen!
REALTOR.com is now allowing the display of Commercial listings. Previously, only Residential, Multifamily, Farms and Ranches, and Lots and Land listings were shown.
Your Commercial listings can be searched on commercial.realtor.com. You can also find Commercial listings by going to REALTOR.com, then under the "Tools & Trends" menu, select "Commercial Real Estate."
Maybe you’ve seen some ads on the web. Perhaps you heard about it on the local news. I don’t know about you but I’ve been hearing about Groupon everywhere! So what is this Groupon all about?!?
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Let's just lay it on the line. This isn't your fathers real estate market. Mortgage bankers and brokers are dealing with new stringent rules and regulations. Real estate brokers and agents have less business to go around. And inspectors and appraisers are doing their jobs on pins and needles. But the folks under the most pressure in the market are sellers of homes. Falling values, lots of competition, and picky buyers, make for an uphill battle. What is a seller to do? Throw their hands in the air and give up?
Read all of SELLING A HOME: WE ARE IN A PRICE WAR AND A BEAUTY CONTEST
We saved ourselves over $8000 with ByOwnerOregon.com.
Read all of NEW Testimonial Alert!
In November, 2009, the federal government extended and expanded the popular First-Time Homebuyer's Credit. It lets you trim your tax bill by up to $8,000. Sign a contract to buy a home before April 30, 2010 and then close on it by June 30, 2010 and you can claim the credit on your 2009 or your 2010 tax return.
Read all of Learn About The First-Time Homebuyer's Credit - Video
Fed Chairman Ben Bernanke said today that the Federal Reserve will start pulling back stimulus funds by removing cash from the U.S. financial system, and then raising interest rates. What do you think this will do to the housing market if mortgage rates increase?
Read all of Bernanke Announces Rates WILL Increase
Home sales is all about affordability, the lower the cost (price of property + interest paid) of ownership, the more sales there will be.
Read all of ALL ABOUT AFFORDABILITY
For the twelfth straight month existing home sales in Jackson County rose by double digits when compared to the same period last year. A decline in new listings caused the percentage of distressed sales to increase as well.
Read all of Jackson County’s existing home sales swelled upward by 45.4%
Suzie Orman talks about tax relief you are entitled to when you sale through a short sale. In the video it is discusses that you do not owe income tax of the loan forgiven...
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Closing Cost Assistance and Appliance Incentive for Fannie Mae Homes Fannie Mae is offering a 3.5% incentive* for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010.
Read all of Special Offer - HomePath pays buyers closing costs
When you owe more on your home than it's worth you may want to do a short sale. In a short sale the bank forgives some of what you owe them. It's more cost-effective for a bank to do a short sale than foreclose on a home.
Read all of What is a Short Sale?
Transcript of video: Even with today’s housing slump, real estate agents will pull in about $60 billion this year. And the reason is, as any homeowner knows, they charge a six percent commission on the price of every house they sell. So, for instance, a home that goes for a half a million dollars will net agents $30,000 right off the top.
The provision that puts up to $8,000 in buyers' pockets won't be renewed a third time, industry leaders and lawmakers say.
Read all of No more extensions of tax credit for first-time home buyers
There are a lot of great deals on the market, but buyers beware: Purchasing a foreclosure is rife with pitfalls.
Read all of 7 tips for buying foreclosures
Real people right here in Oregon telling their personal stories of how they saved lots of money AND received excellent service.
Read all of New Testimonial Alert!
Join the Portland Foreclosure List and get updates each week about local homes that are in or going to be in foreclosure. It's free to join!
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Exposure is the key factor in selling your home. If you don't get enough your home will sit on the market for an extended period time; and the longer it sits the lower the price. Our Flat Fee MLS Listing Service goes way beyond what most other companies offer! As soon as you choose to list your home with us, we start working for you.
