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Expert Tips for Navigating the Real Estate Market

Our mission at Yoder Real Estate is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Why Would you Sell Your Home During the Winter?



There are many great Grand Rapids area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (616) 942-2449 for a FREE home buying or selling consultation to answer any of your real estate questions.

Why Would you Sell Your Home During the Winter?

OK, let's talk about selling your home. A lot of people have been asking us if they should list their property now, or wait until the spring when there are more buyers. Most people generally think that listing their home this time of year is a bad idea, because there are no buyers out there. 

Should you sell your home in the winterActually, there are a ton of buyers out there, especially with these low interest rates we have been seeing. At just over 4%, these historically low interest rates are an opportunity that most buyers have figured out they shouldn't pass up. Waiting for another decrease in interest rates doesn't really make sense, as they are expected by many experts do increase in the next year by at least 1.5%. That might not sound like very much, but could cost you an extra $100,000 throughout the life of your mortgage.

We are currently at our lowest point of the year in terms of homes for sale. Combined with the fact that there are still a ton of great buyers out there, is great news for anybody thinking about selling their home. When we have low inventory, every home that comes on the market has a lot of traffic through it, especially with the number of buyers we have right now.

The holidays are a joyous time, where we decorate our homes and create a warm environment for all of our holiday guests. This is great for the environment of holiday buyers as well. You will likely be one of the few homes in your area on the market. 

If you have every reason to sell but are planning on holding off until spring, think again. You could be shooting yourself in the foot by not taking advantage of the trends we are seeing right now. If you have any questions, feel free to contact us via call, text, or email. We hope to hear from you soon!

Who is our Big Winner?



 There are many great Grand Rapids area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (616) 942-2449 for a FREE home buying or selling consultation to answer any of your real estate questions.

Who is our Big Winner?

We recently finished our Zillow review contest, where we had past and current clients write online reviews about their experiences working with our team. It was a great success, as we went from  5 reviews to over 30 reviews in just 10 days! This is great because it showed that you enjoyed your time working with us, and it will be out there for potential buyers and sellers to see to help them make their decision on who to hire. 

So, without further ado, our winners are... Jeff and Erica Poest! 
Announcing the winner of our contestCongratulations, Jeff and Erica, you have won an iPad Mini! Thanks again for your great review!

We will be doing little contests like this from time to time, so keep an eye out for the chance to win another great prize in the future. In the meantime, if you know somebody who wants to have a great real estate experience, be sure to have them give us a call . Referrals are the lifeblood of our business and we can't thank you enough for helping provide us with clients who want to experience a high level of service.

If you have any questions, don't hesitate to give us a call or send us an email. We would be more than glad to help. 

Discussing Real Estate FAQ's On Air

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There are many great Grand Rapids area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (616) 942-2449 for a FREE home buying or selling consultation to answer any of your real estate questions.

Discussing Real Estate FAQ's On Air

Today I thought I would share with you guys some snippets of an interview I did on the radio recently. I shared a lot of information on a lot of different topics, but here are some of the highlights:

Affordability
We are now in a 2nd year of improving market conditions. With interest rates right around the 4% mark, now is a great time to buy a home. Our market is one of the most affordable markets in the country. 

Buyers or Sellers Market?
When determining whether we are in a buyers or sellers market, the main variable that comes into place is the absorption rate, or how long it would take to sell all the inventory we have if no new homes came on the market. Right now, we are at 4 months. This actually puts us in more of a balanced market than anything else. It's not a hot seller's market, but there is not enough inventory for it to be considered a buyer's market either. 

Pre-Approval
In my opinion, pre-approval is about as important as the decision to buy a home. When you decide to sell your home and purchase a new one, you have to be pre-approved because if we sell your home quickly, you won't be able to get a new home right away. 

Finding the Right Agent
When you are deciding on the right agent to hire, throwing in a question like "How long have you been in the business?" or "How well will you negotiate for me?"  will give you insight to an agent's experience, skill, and strategy. The more you have been in business, the better you are at negotiating. A strong negotiator is invaluable.

Staging
When you prepare a home for sale, you need to stop looking at your home as your home and start looking at it like a home you want to sell. The way you prefer your home isn't necessarily the way the broad market will appreciate it. 

Thanks for letting me share some of these tips with you today. If you have any questions at all, feel free to give me a call or send me an email. I would be glad to answer them for you.