St George Utah Real Estate Information

This is the very best weblog you can visit to find information about real estate and what's happening in Southern Utah. We post here often about present conditions of the real estate market in Washington County and how you can benefit as either a buyer or seller. Visit our website to search the Washington County MLS anytime without having to register your name at www.BassoGroup.com

Home | Profile | Archives | Blog Manager

September 2007

Real Estate Statistics 1/1/07-9/13/07 compared with 1/1/06-09/13/06

Posted at 11:15 PM, Sep. 14, 2007

All you hear these days is how bad the real estate market is and how it is only going to get worse before it gets better. Coupled with the Mortgage fiasco, most consumers are pretty scared about the real estate market right now. While compiling our local statistics for this month's newsletter, it became pretty apparent that our local market is also affected by the National trends, but only to a degree. The most remarkable numbers that I found were in the new homes market where there were 71% less new homes sold this year than last year. But the difference in the average price of these new homes was only 4% less this year.

In the single family resale market, the numbers were less significant. There are 24% more new homes on the market this year with a 12% decrease in the number of closings, but the average sale price ($343,773) is only down 1% over last year.

In a true "buyer's market" there is an abundance of homes on the market and the prices decrease pretty dramatically. While we do have a lot of inventory right now, about 19 months worth, the prices are pretty flat. Some price ranges are seeing more of a fluctuation, but overall prices are not going down.

What is the best way to get your home SOLD in this kind of market? You must be competitive in your price, you must have patience, and you home needs to "shine'" over the competition. If you are thinking of selling your home and would like a Free, No Obligation, Comparative Market Analysis, please give us call.

{ 0 comments } { add comment } { Permanent Link }
View more entries tagged with: None

Tips on Reducing the Stress of Selling Your Home

Posted at 10:44 PM, Sep. 4, 2007

Sort your clutter early

A neat home is easier to sell than a cluttered home. If you know in advance that you may be putting your home on the market - start sorting out your clutter well in advance. Then when you put it on the market all the preparation is done and all you have to do is to keep it clean. The less clutter there is, the less cleaning there is to do - a double bonus. It also makes it easier for when you move.

Get help with your garden

If your garden is full of weeds and needs a good sort out - get it done - so that it looks beautiful for prospective buyers. And get help to do it if you're short of time or stamina.

Reduce home entertaining

Entertaining at home produces a mess. When real estate agents can just show up at any time, avoid producing too much mess. Instead, encourage your friends to invite you to their places so their homes take the mess!

Employ a cleaning lady

Every morning you have to leave the house looking perfect - a hard task just for one day for most of us. Get some help. Have someone come in to help you keep the place tidy. Your sanity must be preserved to enjoy your new home, after all.

Sort out your furniture

Have you got too many chairs? Too many tables? An over supply of beds? All this furniture can leave your house looking small and cluttered to a prospective buyer. The more space there appears to be, the more attractive it can appear. So remove extra furniture now, don't wait until you move.

Organize outside activities

Weekends can be particularly busy times for people to want to come and inspect your home. Organize yourself to go out on the weekends and stay in during the week.

Let your friends know

The quicker you get a good buyer the better, so do everything you can to help. Tell all of your friends. They may not want a new house but they may know someone who does. Help to spread the word.

Don't overload yourself with other things

Selling your house is a big deal. While you are doing this put other responsibilities on hold. You might resign from a committee, get someone else to help coach the T-ball team, stop your music or dancing or French lessons. Whatever you do - make space in your life because there's a lot to do when you're selling your home. Make the time to do it instead of fitting it in to an already squashed life.

{ 0 comments } { add comment } { Permanent Link }
View more entries tagged with: None