Monday, October 6, 2008

In a Down Real Estate Market Great Photography is Important

Studies show that at least 84% of home buyers begin their search for a home on the internet. With the supply of willing and able buyers shrinking to lower levels it is important for sellers to use every advantage to their favor. Stunning and compelling photos, especially the primary external photo is very important in selling Spokane Real Estate in today's market.
Selling things is all about finding a way to stand out from the competition. In a down real estate market like we have now, the competition home sellers face are those hundreds of other homes for sale in the same location and price range.

Stunning photography is another effective way to stand out from the crowd at any given price point. Think for a minute what the few qualified buyers these days are doing. When they search online for a home in a given location and price range they end up seeing a list of homes with some version of the external primary photo along with few other details. This list of homes has a link to get to more details and photos of each home.

  • Make sure that primary external photo is a striking, effective image that grabs attention and creates interest. This will entice buyers to look in more detail at the property.
  • Use the maximum number of strong images allowed by your MLS or local broker site.
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    Does Your House Feel Homey To Others?

    If you are trying to sell your Spokane home and people say "this doesn't feel like home to me." Then you need to take a step back and look at it from a buyer's point of view. Consider the tools that Feng Shui has to offer Spokane home sellers.

    What is Feng Shui and How Will it Help Me Sell My House Faster?

    In today’s economic climate of uncertainty, the residential real estate market is increasingly turning to the application of Feng Shui principles to ensure homes for sale are attracting buyers.  Savvy real estate agents know that getting homes to show their best…means a Great first impression, both at the curb and inside the front door.  Getting homeowners to embrace this concept is not always easy, especially when many of them believe that the home that they love so much, should be loved by everyone else.

    So how does Feng Shui help sell your home faster?  It does so on many levels:

    1. Beginning with raising the homeowner’s awareness as to what buyers are feeling when they drive up to the curb and enter the home through the front door.
    2. Deciding which house to buy is often based on the buyer’s emotional response to how they feel when in the home.
    Feng Shui Balance
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    Saturday, September 13, 2008

    The Inland Northwest is Popular Nationwide

    See why so many people come to the Inland Northwest to live. http://www.lilaccityrealestate.com
    clipped from www.nytimes.com

    A Home in Idaho Where Water Is the Premium
    clipped from www.nytimes.com
    clipped from www.nytimes.com
    clipped from www.nytimes.com

    “We wanted to be near water and an airport,” said Jim Bolton, a retired insurance executive from the Los Angeles area, summarizing the second-home search that eventually led him, his wife, Joan, and their blended family to Hayden Lake in Idaho.

    “Water, no resorts and an airport with direct flights to Los Angeles,” Mrs. Bolton seconded. Her husband now describes himself as “about 90 percent retired,” but 18 years ago, when they started looking, he was ultra-employed, as vice chairman of Bolton & Company in Pasadena, one of the country’s largest privately owned insurance agencies. Convenient flights would be important.

    They considered aqueous destinations like the Jackson Hole area of Wyoming and Whitefish, Mont. “Our decision really evolved over time,” Mrs. Bolton said. “We’d go to places that were too touristy, and then we’d visit gorgeous country where the river runs through it but there wouldn’t be a town for miles and miles.”

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    A Large Home Can Be An Unfulfilling Status Symbol

    clipped from blogs.wsj.com


    Are McMansions Making Some Americans Unhappy?

    More Americans are eschewing the “bigger is better” rationale and are purchasing smaller homes, writes Scott Lindlaw for the Associated Press.

    according to the American Institute of Architects, the size of U.S. homes is leveling off. The average is expected to level off at 2,500 square feet,

    In the article, Mr. Lindlaw highlights one New Jersey couple who sold their 6,100-square-foot Victorian, which cost them $20,000 a year in property taxes and maintenance. They bought a home for half the size in Connecticut. The couple now has more time to share together because they spend less time working around the house, Mr. Lindlaw says.

    This got us thinking: Do bigger homes makes us less happy? In a column on happiness and income in Wednesday’s Journal, columnist Jonathan Clements noted, “Despite the sharp rise in our standard of living in recent decades, Americans today are little or no happier than earlier generations.”
    dev_mcmansion_art_257_20080407092519.jpg
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    I think a McMansion would be a cause of unhappiness if someone had to work too many hours to pay for and maintain it. Better a smaller home full of great relationships the extra time not working and maintaining the larger provides to nurture them.

    See me to purchase a McMansion or a modest home at http://www.lilaccityrealestate.com

    Friday, September 12, 2008

    Green Building Is In

    Search for "Green Homes" at http://www.lilaccityrealestate.com

    Here's the Dirt: Home fulfills 'triple-bottom line'

    The man who oversaw renovation of two downtown edifices with environmentally friendly features and an aim to build community is bringing those philosophies home.

    Sheehan sees the home as a model for sustainable building, including reusing materials and incorporating local goods. He boasts it is "probably as green or the greenest house in the state."

    Jim Sheehan visits the site of his new home in the Peaceful Valley area on the Spokane River just west of downtown Spokane. The home has many energy conservation features, such as solar panels on the roof and in-floor heating. The Spokesman-Review
    (Photos by CHRISTOPHER ANDERSON The Spokesman-Review )

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    Great Time for a New Mortgage

    For those with good credit anyway.

    30-year mortgage rates fall to five-month low

    Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five months, as the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac had the hoped-for impact of lowering mortgage rates.

    Freddie Mac reported that its nationwide survey found that 30-year, fixed-rate mortgages dipped to 5.93 percent this week, down from 6.35 percent last week.

    Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, fell to 5.54 percent, down from 5.90 percent last week.

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    Historic South Hill Homes Benefit Tour

    Proceeds benefit Moore-Turner Heritage Gardens

    Tour benefits Heritage Gardens

    Mansions on South Hill will be opened to public on Saturday

    A volunteer group formed to support the Moore-Turner Heritage Gardens on Spokane's lower South Hill has organized a tour of four lavish mansions on Saturday from noon to 4 p.m. to benefit the gardens.

    The four mansions in the same neighborhood as the gardens were built for well-off residents – a U.S. senator, a physician, an attorney and a banker – during the first half of the 20th century.

    Proceeds will go to support the heritage gardens, which were restored over the past decade from the ruins of former estate gardens first planted in 1889. The heritage gardens in Pioneer Park at Seventh Avenue and Stevens Street were opened to the public a year ago. The Friends of the Moore-Turner Heritage Gardens are working on maintaining the site.

    Where: Homes at 503 W. Sumner Ave., 603 W. Sumner Ave., 726 W. Sumner Ave. and 708 W. Cliff Drive, Spokane

    Tickets: $15, available at the homes

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