Where Will You Spend Your Holiday's?

Summer is officially over! The first day of fall has come and gone. The crisp change in the air will force people to think about the holiday season. All of The Seasons that bring families together such as: Halloween, Thanksgiving, Christmas, Hanukkah, and New Year’s Eve.

Watch Your Dreams Come True!

A lot of people don't think that the fall and winter season is a good time to sell their home. However, people who are looking for a home--to celebrate the holidays in--may want to prepare dinner in your kitchen. There are buyers who can visualize themselves and their families eating dinner in your dining room, snuggling by your fireplace, watching the Super Bowl with their buddies in your living room.

There are families who want to enjoy your home for the holidays! Are you waiting for the spring to list and sell your home? Listing your home during this time of the year could mean that a family celebrates Thanksgiving in the home of their dreams! Find out what your home is worth call Tash Casso with Edina Realty at 763.291.5960.

Senior Housing Market Rising

The housing market recovery has lead more mid-aged home owners to sell their homes. As a result, investors are predicting a large advance in the senior housing market. 

The first six months of 2013 has brought about sales from seniors in multi-family properties. This includes assisted living as well as senior care facilities. 

In the first half of this year, sales of senior multifamily housing properties—which include assisted living and home care facilities larger increased in one year. The numbers have grown to $1.59 billion from $1.18 billion. This information was communicated from the CoStar COMPs records. Despite the fact that sales are on an incline, values still remain low.

"Per-unit sale prices have steadily fallen since peaking in the third quarter of 2011, dropping from about $88,000 per unit to $58,000 per unit, according to CoStar data. 

Investors are banking on a large recovery for the sector and redirecting their assets in anticipation of a senior housing boom.  Several major REITs are beginning to sell some of their commercial assets to raise money to redirect toward senior housing and care facilities, the CoStar Group reports.

"There are a lot of buyers in the market right now," says Scott M. Brinker, executive vice president of investments of the Health Care REIT Inc., one of the biggest players in the sector. "Like us, they're attracted by resilient returns and strong fundamentals.”

Recent Decrease in The Number of Homes Underwater

The prices of homes are on an incline. This is great news for home owners, as the housing market bounces back after a downward spiral.  This information was provided by the Obama Housing Scorecard, released each month by the U.S. Department of Housing and Urban Development.

What's your home worth today? Probably more than you think!  

An August report revealed that home prices are making solid gains. Therefore the number of home owners who are underwater—per se has dropped by 42 percent. The change in these numbers started in the beginning of 2012. Numbers have decreased for those who are upside down on their mortgages. The numbers have gone from 12.1 million to 7.1 million.

This information was validated for the second quarter of 2013. Home sales have also increased—for existing homes as well as new homes.  The report reminds readers to proceed with caution—alluding to the fact that the housing market has not made a full recovery just yet.

“As we regain stability in our housing markets, it is important to remember that we still have a long way to go in making sure that our housing finance system is strong for future generations,” says Kurt Usowski, HUD deputy assistant secretary for economic affairs.

The report notes that more than 1.7 million home owner assistance actions have taken place through the administration’s Making Home Affordable Program, including loan modifications and other foreclosure-mitigation efforts. But the administration continues to press mortgage servicers to improve their processes in helping struggling home owners, such as through better identification of home owners who could be helped through the program as well as improving upon the timeliness, accuracy, and detail of servicers communications with home owners. 

“While there is significant progress, there is still more improvement needed in [mortgage] servicer behavior,” says Tim Massad, Treasury assistant secretary for financial stability. “And while the housing market has recovered substantially, there are still home owners struggling to avoid foreclosure and it is vital that we continue to try to help them.” 

Exceptional Service--Turning Your Dreams Into Reality

Exceptional Service for your biggest investment 

One of the biggest investments you will ever make is your home. If you are a homeowner, I've got news for you. The market is at an all-time high and housing inventory is low! It is the perfect time to consider selling your home and walking away with a profit.

Watch Your Dreams Turn Into Reality 

For those who are ready to purchase a home for the first-time, rates are now at an all-time low! It's anticipated that this won't last forever—inherently rates will begin to rise. So if you want to purchase your own home this is the right time for you!

What is exceptional service? Receiving exceptional service means that you are provided with a personable realtor; a realtor who is knowledgeable, resourceful and one who cares about your goals and dreams! If you or anyone you know is interested in downsizing, upgrading, is a first-time home buyer, a home seller, or is thinking about the housing market call Tash Casso with Edina Realty 763.291.5960.

Exceptional Service--Thinking About Real Estate?

Are you planning on buying a home, selling one or merely exploring your real estate options? No matter which side of the market you are on it’s vital to work with a professional who will provide the most accurate market information while providing expert advice.

Receiving exceptional service by working with an experienced REALTOR® is one component. Having an exceptional Realtor who will professionally represent their client and work on their behalf is another element, and is 100% essential.

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Education and experience go a long way when it comes to pricing, marketing, staging, and negotiation. The next ‘e’ is exceptional service! When you are working with Tash Casso that’s exactly what you will get!

What is exceptional service? Receiving exceptional service means that you are provided with a personable realtor; a realtor who is knowledgeable, resourceful and one who cares about your goals and dreams! If you or anyone you know is interested in downsizing, upgrading, is a first-time home buyer, a home seller, or is thinking about the housing market call Tash Casso with Edina Realty 763.291.5960.