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Wednesday, June 12, 2013

Housing prices rising as well as consumer confidence.

....respondents who believe now is a good time to sell a home reached a record high of 40% in May, compared to 30% in April and 16% from the previous year. (According to Fannie Mae.) -- cmlynski@housingwire.com
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Nat'l Real Estate Post:
Interest rates are rising.  Buyers are ready to buy, but agents need to tell customers and clients about this opportunity. 
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Staging tips for agents:
#1  Be blunt, give feed back, don't hold back.  Let your client know what works and what doesn't.        (But say it with a smile.)
#2  Be inspired, tour other homes.  Get your client to visit other open houses to see the competition.
#3  Be clutter free, get your clients to pre-pack. Remove personal decorations so that the buyers can see themselves in the space.
#4  Make it neutral.  Help your clients by sharing Trulia’s 10 Hardcore Staging Tips for Serious Sellers.
#5  Be neutral, but make sure it is staged.
#6  Never show an empty home. It can make the space feel smaller than it is. 
#7  Remind clients that they may need to spend money to make a whole lot more.
Paraphrased from Josh Altman's Selling The Dream in Trulia
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Real Estate Matters: Is the housing crisis over? Maybe not for minorities.

If the American Dream is going to continue, with the next generation doing better than the present one, housing will remain a significant part of it. And the vast majority of Americans have to feel as though the dream is alive for them and their families.  Illyce Glink in the Washington Post.  (To read the entire post go to the following link http://www.washingtonpost.com/blogs/where-we-live/wp/2013/06/11/real-estate-matters-is-the-housing-crisis-over-maybe-not-for-minorities/
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Given the limited housing inventory, net demand in April has climbed to the highest level since 2006.
Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report.  -- cmlynski@housingwire.com
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A plan involves steps that are largely under your influence and control. A plan involves the hard and dreary and difficult work of a thousand brave steps, of doing things that might not work, of connecting and caring and bringing generosity when we don't think we have any more to bring. --From Seth Godin's blog June 12, 2013.
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"During the past year, 1.7 million borrowers have regained positive equity. We expect the pent-up supply that falling negative equity releases will moderate price gains in many of the fast-appreciating markets this spring," said Mark Fleming, chief economist for CoreLogic.
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Jill Pierce is Team Leader for RealEstateAuctions.com

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