First Time Home Buyer Workshop

This is going to be a very informative event for first time home buyers. Feel free to pass this flyer along to anyone you know thinking of making a real estate purchase in the coming months! I look forward to seeing you there!First-time Home Buyers Workshop Invite (2)
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All Cash Offers Crushing First Time Home Buyers

I came across this article about how all cash buyers are cornering a market that has historically been driven by first time home buyers. To read the entire article, click here.

In my experience over  the last 12 months, I’ve seen this first hand. Last Spring & Summer, first time buyers were being outbid by investors or individuals with the ability to pay cash and  also offered far over the listed sales price. It was heart breaking to see time and time again when a buyer would be first in the door for a showing, make a full price offer (in some cases even go over asking price) and still be pushed out by cash deals.  “All-cash purchases accounted for 42.1 percent of all U.S. residential sales in December, up from 38.1 percent in November, and up from 18.0 percent in December 2012, according to a new report from RealtyTrac. First-time homebuyers, historically about 40 percent of the market, accounted for just 27 percent of sales nationally in December, the lowest since 2008.”

Also mentioned, is a good point about how the increased appreciation of property drives prices higher and higher, making a home purchase even more difficult. Lastly, first time home buyers are also weighed down with heavy student loan repayment and credit card debt, so the new mortgage rules that have gone into effect this month push off the dream of buying a home for many. If you’re in the market to buy a home this year, my experience is to avoid waiting to buy a home prices for many reasons:

  • before prices continue to rise
  • before interest rates rise, as predicted a full point increase by end of 2014
  • the increased activity of buyers flood the market during the “heavy buying season”
  • as lending rules and regulations make it difficult to qualify for a loan.

Here is what clients are saying about Kelly

“She took the time to get to know us  and was very responsive. She never acted like I was bothering her… It was really great working with Kelly.  She helped us tour many areas of the city, and then hone in on [the] Hampden [area], where we couldn’t be happier. She was always available, prompt, and took as much time as needed to explain things in plain English!”

– Dave B.

Just Sold! 320 Del Norte Street

SOLD – 320 Del Norte Street

3 Beds :: 1 Baths :: 984 SF

Completely updated and move-in ready Ranch home in Western Hills with oversized back yard.

320 Del Norte

Thinking of selling?

Let me assist you with the exposure you need in today’s market and provide the negotiating that will get you the right price.

In the market to buy?

Call me to be sure you are aware of everything that is on the market that meets your needs.

*Represented the Buyer on this transaction.

Sold! 3118 S. Akron Court

SOLD – 3118 South Akron Court

4 Beds :: 4 Baths :: 1,765 SF + 1,473  SF Basement ::  2 Car Attached Garage

Beautifully renovated and meticulously maintained ranch home in Hampden Heights that is perfect for entertaining.

3118 S Akron Ct

Thinking of selling?

Let me assist you with the exposure you need in today’s market and provide the negotiating that will get you the right price.

In the market to buy?

Call me to be sure you are aware of everything that is on the market that meets your needs.