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Sasha Miletic - Windsor Real Estate

The TOP 8 Things Home Buyers In Windsor And Essex County Want Most... (video)



This video answers what the TOP eight things home buyers want most are and explains why many people in Windsor and Essex County believe that the market's about to turn and why we're nearing the end of one of the greatest buyer market's of all time.

Please post any questions, comments or suggestions below.

Talk soon,

-Sash

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Market Activity and Statistical Report For Windsor and Essex County for May 2008

Here is a summary of the Real Estate Statistics provided by the Windsor and Essex County Real Estate Board for the Month of May 2008.

Sales month-over-month in May decreased by 13% over May of 2007. However, listings taken in the month also decreased by about the same amount, 14% AND year-to-date listings and sales are off by 5% identically

Prices were pretty much the same as last year at this time..

Overall, the market is flat and the same as it was last year. Supply decreased pretty well the same as demand (listings vs. sales) and thus, the average sales price is unchanged. … Until next month, I wish you all the best, -Sash

Overall Market May 2008 in Windsor and Essex County

2008

2007

2006

%INC/DEC

[ 2007 - 2008 ]

Total # of Listings [Month]

1313

1521

1522

-14 %

Total # of Listings YTD

6455

6828

6836

-5 %

Total # of Expired Listings [Month]

590

463

611

27 %

Total # of Expired Listings YTD

2543

2584

2674

-2 %

Total # of Sales [Month]

516

594

572

-13 %

Total # of Sales YTD

2129

2245

2292

-5 %

Avg. Sales Price YTD 2008

$163,870

Avg. Sales Price YTD 2007

$163,445

If you have any Questions or Comments, or would like a FREE Over-The-Net Home Evaluation, Visit... http://www.SashaMileticBlog.com/

Market Activity and Statistical Report For Windsor and Essex County for April 2008

Here is a summary of the Real Estate Statistics provided by the Windsor and Essex County Real Estate Board for the Month of April 2008.

Sales month-over-month in April decreased by 2% over April of 2007. However, listings taken in the month increased by 6% AND year-to-date listings fell as well by -4 %

Prices were higher from a year ago from $161,147 to $163,694.

Overall, the market is flat and the same as it was last year. Supply decreased pretty well the same as demand (listings vs. sales) and the average sales price increased ever so slightly. My opinion is that we’ve just about hit ROCK BOTTOM in Windsor and it’s about time to BUY. Grandma always told me to buy low and sell HIGH… Until next month, I wish you all the best, -Sash

Overall Market April 2008 in Windsor and Essex County

2008

2007

2006

%INC/DEC

[ 2007 - 2008 ]

Total # of Listings [Month]

1508

1428

1355

6 %

Total # of Listings YTD

5102

5307

5314

-4 %

Total # of Expired Listings [Month]

535

572

551

-6 %

Total # of Expired Listings YTD

1983

2121

2063

-7 %

Total # of Sales [Month]

477

489

466

-2 %

Total # of Sales YTD

1607

1651

1720

-3 %

Avg. Sales Price YTD 2008

$163,694

Avg. Sales Price YTD 2007

$161,147

If you have any Questions or Comments, or would like a FREE Over-The-Net Home Evaluation, Visit... http://www.SashaMileticBlog.com/

Tips For Moving – Should You Hire Professional Movers or is Self-Moving Smarter?

Moving TrucksOnce you have located your new home, you can begin the fun part - moving. Whether you’re moving two
streets away from your current home, from one side of town to the other, or clear across the country, you have two options – either professional movers or doing it yourself.

There are pros and cons of both choices. You must decide how much you can afford to spend, and what option you feel works best for you. Let's review the options.

Professional Movers

• Professional movers costs and experience vary. There are those on the less expensive end of the
system, consisting of two to four people with a truck, up to the executive level of packing and using a
huge semi-truck to delivery your belongings. Usually, what you pay for is what you get.

• Most moving companies provide sturdy, reinforced boxes. The cost of these boxes is included in the
amount quoted for the move.

• Professional movers use padded blankets to protect your furniture. These blankets are secured with
rope or bungee cords so no damage occurs.

• If you are doing the packing, make sure each box is carefully marked for the movers, indicating which
boxes contain fragile items. In most cases, when using professional movers, you don't have to worry
about the weight of the boxes. They know how much to pack and have the correct equipment to
handle large boxes.

• If working with professional movers, one semi-truck may contain several households so your
belongings may not be the first on their route. Talk to the movers and determine when they are
expecting to arrive at your new home. Keep in mind that traffic, construction, and weather, can all
create delays. For this reason, it's important to have phone numbers and e-mail addresses of the
movers along with the main office just in case your belongings do not arrive on time. In addition, make
sure they have a phone number to reach you. If the schedule denotes a 5 p.m. arrival, have someone
at the house from 4:00 p.m. until the truck arrives: one hour before.

Self-Moving

• Your local grocery or business dumpster will has all the boxes you need. Many businesses throw out
industrial strength boxes in all sizes, costing you nothing. Use old blankets, pillows, or towels for
minimal damage. Some rental companies will rent padded blankets for a very small fee. Just be sure
that you wrap breakable items carefully and don't stack boxes of breakables on top of each other.

• Mark all boxes carefully. Separate breakable items. Consider moving those in your car instead of
loading them into trucks with your other items.

• When packing your boxes, keep the weight of the box reasonable. If you can't pick it up, it's too heavy.

Basic Guidelines

• Before moving, consider having a garage or yard sale. This is the perfect opportunity to eliminate
unwanted items from being packed and moved


• Carefully mark the boxes containing towels, toiletries, sheets, etc., so you can unpack those first and
at least be able to make your bed and take a shower.

• Other boxes that you want to open as soon as you arrive at your new home can simply be marked with
"Open me first." This might include a coffee pot, eating utensils, or clothing that you've packed
separately to get you through the first few days.

• If you have children, let them help in writing out the labels. This will free you up to do other things and
it will help them get used to their new address.

If you have cats, or other animals, make sure you keep them closed off from packing as well as the
moving day activity. Pets can easily get into boxes without anyone knowing, or they can quickly run
out a door and be lost. Consider boarding them for a day or two.

• Allow anything electrical to return to room temperature before plugging it in. If it's frigid outside,
condensation could develop, and shock could occur when you plug them in.

• Inform old neighbors and friends of your new address and phone number.

• Don't pack food that could spoil. Refrigerator items such as mayonnaise, butter, milk, etc. should be
placed on ice in a cooler and then moved or given away. If you’re moving across the country where
boxes will take days to arrive, don't pack any perishable foods at all.

How To Set an Appropriate Price For Your Home That Will Attract Qualified Buyers To YOU & Not Your Competition

Attention Active Rain Bloggers Video Creation Copy

At any given time, three general factors affect the sale of your house: the current real estate market, conditions, the location of your property, and the competition. These three factors are always in flux. Interest rates rise and fall; neighborhoods lose or gain cachet; similar houses suddenly arrive on the market; and the pool of active buyers changes.

No one can control these factors, and you can’t wait until all the conditions are absolutely perfect to sell your home. Smart sellers don't put themselves at the mercy of these factors – they maximize conditions to their advantage.

Let's review the three factors mentioned above: market, location and competition.

The Market

Packaging will make your property stand out from the competition whether the market is booming or not. In a buyer's market (where there are more houses than buyers), preparing your home is the best way to make it memorable and easy for buyers to recall at the end of a long day of house hunting.

The Location

We've all heard it before, "location, location, location" is important. If your house is in a less-than-ideal location, you can't move it. If that's the case, make the most of it. Turn your house into the most appealing house in that location. Remember, if your house doesn't stand out, another will, and it will get top dollar.

The Competition

When a number of houses with similar features are on the market, yours needs to shine. If two houses are similar in structure or layout, buyers will choose the one that feels as if it could be a home.

Now that you have considered the above factors, how do you decide how to price your house?

House Overlooking the OceanWell, there isn't an exact formula to arrive at the magic number, only a price range. Why? Because houses are a commodity and are subject to laws of supply and demand, plus market conditions keep changing. Prices rise when there are more buyers than sellers; they decline when more houses exceed buyers. The availability of mortgage money also affects sales, but ultimately what the buyers feels about a house is what determines the price he'll pay. While the buyer determines the selling price, you establish the listing price of your home.

When you put a house up for sale, there is a high probability that the asking price will be lowered. The key is knowing when to lower the amount. Keep in mind that timing is everything. If you have had your house on the market for some time and, as a last minute effort, decide to lower the price, it may not bring you the desired results.

It is during the first two weeks that your home will bring the most traffic. This is when the home is fresh on the market and in its peak sale time. If you wait too long to bring down the price, the current buyers will have already seen the house and won't necessarily show new interest.

That doesn't mean that another group of buyers won't come along, but buyers are bunched in price ranges. Therefore, in order to grab the attention of the next price range of buyers, you would probably have to make a significant reduction.

To arrive at a realistic listing price, research the competition. Learn what similar houses have recently sold for as well as what "comparables" haven't sold. This will provide a good idea of the price buyers are and are not willing to pay for houses similar to yours. Remember, a buyer will be looking at a number of houses with similar features and amenities.

Usually specific features in your house will determine its price range. For example, a three-bedroom, one-bath house in a certain neighborhood will sell for less than a three-bedroom, two-bath house in the same neighborhood because buyers are willing to pay more for a second bathroom.

Pricing your home can be very emotional for the entire family. How do you put a dollar amount on memories? Many sellers are offended if the market value of their house does not reflect their emotional attachment. However, you need to consider that your memories won’t qualify as a feature to strangers.

2 guys shaking handsDon't overprice your house - that usually backfires. As mentioned above, the most serious pool of buyers arrive ready to buy within the first two weeks a house is on the market. They've done their homework. They won't buy a house that's overpriced. If a buyer is interested in your home, they still have to secure a mortgage. In order to obtain that mortgage, your home has to come back appraised at the asking price. For example, if you were selling your home for $100,000 but the appraisal came back at $95,000. Mostly likely, the deal would fall through or you would have to lower the asking price to match the appraisal.

If a conditional offer falls apart or, it stays for sale on the market for a while, the chance of it taking longer to sell has greatly increased. So, if you’re the seller of a house, it’s imperative to procure an appraisal first, or work with a qualified real estate agent who can guide you into an appropriate asking price.

Finally, it's your responsibility to price your house so that it will sell quickly and profitability