Bellingham Homes & Real Estate

If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale   The National Association of REALTORS’ (NAR)   Chief Economist Lawrence Yun recently commented on the inventory: “ Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market . Demand is easily outstripping supply in most of the country and it’s stymieing many prospective buyers from finding a home to purchase ”. The latest  Existing Home Sales Report shows that there is currently a 4.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and  4.6% lower than a year ago. The chart below details the year-over-year inventory shortages experienced over the last 12 mon...

As we celebrate reaching the 1st of March and Spring being on the horizon, where are home prices going? They've been going up for some time now, but what does the future hold?  Where Are the Home Prices Heading in the Next 5 Years?  Time to sell your home? Let me show you how I leverage social media to get you the most exposure possible.

The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the best year for sales in a decade. Read More: Buyers Are Searching For Your House! Is It time to list your home?  Is this the year you sell your home? Call me for my free home selling guide and consultation.  Jack Otto eXp Realty #1 Agent in Social Media in Washington (mondinion.com) Jack.otto@exprealty.com 206-388-6102

We've rounded the corner and are cruising into 2017. This year is going to be another blockbuster year for home sellers. But before you can put it on the market you need to go through your home and make sure it's ready. Check out this checklist and feel free to call me for my complimentary home selling consultation.  "Tips for Preparing Your House For Sale [INFOGRAPHIC] " Once you are ready let's discuss how my social media campaign can get you the most exposure possible.  Jack Otto eXp Realty #1 Agent in Social Media in Washington (mondinon.com) Jack.otto@exprealty.com 206-388-6102 -  -

Now we are past the holidays, are you finally getting ready to buy a home? First step is to get your Free guide here and then call me to set up a game plan. This year is going to be crazy and you'll want to have a solid plan in place. Get my FREE buyers guide !  

The holidays are finally behind us and we are trucking right along in 2017. This year is going to be another crazy year in the real estate market. Whether you are buying, selling, or both, the key is going to be getting started early. Rates have gone up and buyers will feel the pressure this spring. Get on track early this year so you aren't stressing come August when you just started your home search.  Homes will sell fast and for asking price, if not more. So if you are thinking of selling, call me for my free listing consultation.  Check out my article: Is This the Year to Move Up to Your Dream Home? If So, Do it Early!  

2017 has started with housing inventory at historic lows! If you have been on the fence about selling your home, get your game face on! Homes are selling in less than 24hrs, even in late December and early January. Check out this latest blog post and call me so we can get your home listed! Inadequate Inventory Driving Prices Up  Jack Otto eXp Realty #1 Agent in Social Media in Washington jack.otto@exprealty.com

As we say goodbye to 2016, it's time to look forward to 2017! Last year was a great year for home sellers. Sellers were getting asking price, if not more, and selling homes in sometimes a matter of hours. 2017 may be the last blockbuster year to sell your home. Sure values will continue to rise but buyer demand is going to taper off. Rates have already gone up, and the question is how much will they rise in 2017? If you've been on the fence, take a look at some of the reasons now is the time to list.  Start 2017 Off Right… List Your House for Sale   For a Free Home Value and Sellers Guide, email me at Jack.otto@exprealty.com Jack Otto eXp Realty #1 Agent in Social Media in Washington (mondinion.com)

Shopping for a home this winter? Don't fall for these common mistakes buyers face this time of year! Home Shopping Mistakes to Avoid in Winter  

There are some great homes on the market right now just looking for their next owner! Check out this list of the homes with recently reduced asking prices.  Recently Reduced Homes Around Bellingham/Whatcom county How about listing alerts that are sent to you the minute a home matching your criteria hits the market? YES PLEASE. Just sign up and I can help you.  Don't wait for 2017 to sneak up on you, be ready!

Home sales continue to keep pace through the Fall and Winter months! Check out this infographic! Existing Home Sales Surge Through The #Holidays [INFOGRAPHIC]    If you have been on the fence about selling your home, let's talk. 2017 is going to be another blockbuster year for home sellers. Let's make sure you are ready and get all your questions answered. I offer a FREE home selling consultation complete with home value, marketing plan, staging checklist etc.  Jack Otto 206-388-6102 Top Agent in Social Media in Washington (mondinion.com)

The holiday season may be in full swing and selling your home may be the last thing on your mind. Are you thinking "I'll sell in the Spring"? If so, you may want to rethink your strategy. If you list now, you'll be moving in January at the earliest, which will mean the holidays will be over. Rates have already ticked up and buyers are eager to buy homes.  Not convinced? I just sold a home in less than 2 weeks in November. Who says winter isn't home selling season? Check out why you should be listing now! The #1 Reason to Sell Now… Not Next Spring.  

thanks to simplisafe for the infographic!

I've been saying it for a months now. Now is a GREAT time to sell your home. Buyers are still out there waiting for the right home to hit the market. With record low inventory, why would you wait to list? There is just going to be more competition once we get closer to Spring 2017. Check out " Selling in The Winter Attracts Serious Buyers " and give me a call today for your FREE home selling consultation.  Jack Otto eXp Realty #1 Agent in Social Media in Washington Get The Most Exposure For Your Home!

Winter is one of the best times to buy a home. Sellers are motivated and there are less buyers out there competing for the same home! Take a look at these 4 reasons why you should be buying your dream home this winter! And of course call me to set up free email alerts and get a home buying guide. 4 Reasons to Buy Your Dream Home This Winter  

Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase. The median home price decreased slightly from September’s high of $314,100 to $304,500 in October. The West saw the largest month over month jump in sales at 28.7%. New Home Sales Race to Keep Up with Demand [INFOGRAPHIC] 

Thinking of selling your home but your kitchen could use some updating? The money you spend on the remodel could bring you 100 to 150% return. Just don't go too wild with appliances and colors. Check out some more tips in this blog post. Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t

Fall is in full swing and soon enough Winter will be here. While most people think the housing market is as cold as some of the winter nights, that's simply not true. With housing inventory at historic lows, check out this blog post on why selling this Winter will benefit you! Winter Is Coming… 5 Reasons to Sell Now!   

The housing market is seeing a shortage of homes that hasn't been this bad in recent memory. Even heading into the holiday season, homes are selling in less than a week. We are seeing multiple offers and full price offers even into November. Check out my latest blog about the lack of inventory here: "A Lack of Listings Remains 'Huge' Challenge in the Market"   If you have been thinking of selling your home, give me a call! I offer FREE selling guides, staging checklists and price analysis. Jack.otto@exprealty.com 206-388-6102