Selling Your Home in 2017? Easy Tip to Do NOW!

If you’re thinking of selling your Northern VA home in 2017, it’s never too early to prepare. Here’s an easy tip to get you started!

If you’re thinking of selling in the January to April timeframe, now is a great time for a photo shoot. Get some shots of the autumn leaves. Then when you put your home on the market this winter or early next year – when things are dead and brown – you’ll still be able to showcase your home at its best!

(Don’t forget to email The Belt Team and ask for our FREE Report “Questions To Ask Your Realtor When Selling A House”)

Inverness at Penderbrook Fairfax TH

Snow landscapes made lovely shots to show in that “in between” time in February-March, when it’s almost Spring, but the flowers aren’t blooming yet.

Snow Day in Vienna VA

(If you’re really organized, you can do what some of our past sellers have done and sign your listing now so we can have our professional photographer come out and shoot photos for you!)

Give Terry Belt or Kevin Kleifges a call at (703) 242-3975 to schedule a pre-listing walkthrough. Fall and winter are a great time to start thinking about the updates and repairs you might need to make in preparation for next year. And you’ll want to talk to them first to ensure you don’t waste time or money on things that really aren’t necessary.

If you’re wondering about Northern Virginia Market Statistics – click the links below to find out: How fast are homes selling? What’s happening with prices? Buyer’s Market or Seller’s Market?

Buyers & Sellers – Interest Rates Remain at Historic Lows . . . But for How Long?

If you’re pondering buying or selling NOW or waiting another year or two – you might want to take note of the latest info below from Keeping Current Matters!

Interest Rates Remain at Historic Lows… But for How Long? | MyKCM

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year.

The 30-year fixed mortgage rate has fallen half a percentage point since the beginning of the year and has remained at or below 3.5% for the last 11 weeks according to Freddie Mac’s Primary Mortgage Market Survey.

The chart below shows how far rates have fallen this year (on the left), and uses an average of the projections from Freddie Mac, Fannie Mae, the Mortgage Bankers Association and National Association of Realtors (on the right). As you can see, interest rates are projected to increase steadily over the course of the next 12 months.

Mortgage Rates - 30-Year Fixed Rate | MyKCM

How Will This Impact Your Mortgage Payment?

Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

According to CoreLogic’s latest Home Price Index, national home prices have appreciated 6.0% over the last year and are predicted to be 5.4% higher next year.

If both the predictions of home prices and interest rate increases become a reality, families will wind up paying considerably more for their next home.

Bottom Line

Even a small increase in interest rate can impact your family’s wealth.


Interest rate changes don’t just affect Buyers. They affect Sellers too. As rates rise, some Homebuyers are priced out of the market they want to move into. And they decide to stay where they are. Less Buyers means less demand and more competition. And that can put a downward pressure on prices.

If you’re wondering whether you should buy now or wait – or sell now or wait – there’s no one-size-fits-all answer. There are lots of things that should factor into your decision. Interest rates are just one. Call Terry Belt & The Belt Team at (703) 242-3975. Our team is one of the top teams in the entire country, with lots of resources at your disposal, and we are more than happy to consult with you and help you and your family make the RIGHT move!

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Sell Now or Wait Until April?

Sell Now or Wait Until SpringIf you’re wondering whether you should sell now or wait until true Spring – April, May or June – you might want to read the latest info from Keeping Current Matters:


Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn’t happened this year. Demand for housing has remained strong as mortgage rates have remained near historic lows.

 

The National Association of Realtors (NAR) recently reported that the top 10 dates Sellers listed their homes in 2015 all fell in April, May or June.

 

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.


CEO The Belt TeamKevin Kleifges, Realtor, The Belt Team, Keller Williams RealtyBottom Line

If you’re planning on selling your home in 2016, NOW is the time to meet with The Belt Team to evaluate the opportunities in YOUR market. Call Terry Belt or Kevin Kleifges at (703) 242-3975 to schedule a consultation.

Sell in January – February? Or Wait Til Spring? Well, What Would You Do With $16,000?!

Should I Sell Now Or Wait Til Spring

So . . .

What would you do with $16,000?!

  • Take a Cruise?
  • College Fund?
  • Charity Donation?
  • Trip to Napa?
  • Save for Retirement?
  • Go on Safari?

Belt Team CEO & Realtor Terry Belt asks, “Did you know that people who sold their homes in Vienna in January – February of this year sold for almost $16,000 more than those who waited for the March – April “Spring Market”?”

DON’T WAIT!

Start with a FREE INSTANT home valuation at www.NorthernVirginiaHouseValues.com.

Then call The Belt Team at (703) 242-3975 for a more finely honed estimate & FREE consultation. Better than Zillow! We’re hyperlocal. Chances are we’ve been in your home and/or your neighbors’ homes. We’ve been selling Vienna since 1972. And no other Realtor or team has sold more Vienna homes than The Belt Team. (AND our homes sell FASTER and for MORE MONEY than average!)

Prepare now and win in 2015! Winter is a wonderful time to prepare your home for market. You may have time off during the holidays and contractors are often much more available than Spring or Summer. But make sure you call us first. We don’t want you to spend money doing things you don’t have to!

If a move “up” or a move “down” is in your future in 2015, call or email NOW to schedule your FREE Home Planning Session. Info@TheBeltTeam.com

We can help answer questions like:

  • Do I need to sell before I buy? Or do I buy first? How can I sell when I don’t have a place to go yet?
  • How much will my home sell for?
  • What do I need to do to get my home ready for market? What can I skip?
  • Should I install new carpet or give the buyer a credit?
  • How much of a mortgage do I qualify for?
  • I know we need to update the kitchen, but how much do we really need to do and who do we call?

Happy Sellers John and Laurie Matarrazza

#changinglivesforthebetter #thebeltteam

Tip For Homeowners Who Want To Sell This Spring

If one of your 2014 goals is to sell your Northern Virginia home this Spring, you’ll want to watch this one minute video to find out what you can do NOW to make that happen! (And then contact the BEST real estate team in Northern Virginia!)

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How Much Is My House Worth?

I Want To Schedule a FREE Seller Consult

I Want To Schedule a FREE Buyer Consult

Our mission at The Belt Team is “Changing Lives For The Better“. If it’s time to change YOURS, call (703) 242-3975. We’ll help you make the RIGHT move!

Should I Sell My House Now Or Wait Til Spring?

If you’re thinking of selling your home in the spring, you’ll want to check out this 1 minute video. Recent studies show that 90% of home buyers start their home search on the Internet. That’s no surprise. But how long do they typically look before they buy? The answer to that might help you decide whether to wait until Spring to go on the market or whether to list your home now.

How Much Is My Home Worth (FREE Evaluation)

Top 10 Reasons Sellers Choose The Belt Team

FREE Seller Tips & Reports

Call The Belt Team at (703) 242-3975. It’s our mission to help you make your BEST move – whether that’s now, this Spring or even next year. No matter WHEN you sell, you deserve the best Realtors in Northern VA.