The Long Wait is Over!
WE HAVE A NEW WEBSITE!
We are so excited about our brand new website!
Please take a moment to check it out by clicking here.
With our move to eXp Realty we have been implementing more tools behind the scenes that will allow us to serve our clients at a higher level. At Anne Anderson Real Estate Group, we are ALWAYS on the hunt for ways to improve and better our systems, processes, marketing, and client care. Our new site is one of those improvements that gives a beautiful display platform to our listings and allows us space to add videos and blogs (be watching for more!) It is fresh and relevant, and we are excited to share it with you!
We’d love for you to share our site with your friends and family and we invite you to provide us feedback as well. What do you like? What would be another great addition you’d like to see? We value your input!
Is It a Good Time to Sell My House?
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell.
Doug Duncan, Vice President and Chief Economist at Fannie Mae, explains:
“Overall, the index’s monthly increase was driven largely by a substantial jump in the share of consumers reporting that it’s a good time to sell a home, with many citing favorable mortgage rates, high home prices, and low housing inventory as their primary rationale.”
Normally, spring is the busiest season in the housing market – the time when many homeowners decide to list their houses. While this is obviously not a normal year since the pandemic is still very much upon us, experts are optimistic that consumer positivity around selling will lead to more homeowners making moves this year. Duncan continues to say:
“We will pay close attention to see if this newfound optimism develops into a trend.”
What does this mean if you’re thinking of selling your house?
The fact that there are so few houses available for sale today is one driver that’s encouraging consumers to think more positively about selling. The National Association of Realtors (NAR) states:”Total housing inventory at the end of January amounted to 1.04 million units, down 1.9% from December and down 25.7% from one year ago (1.40 million).”
With so few homes available to buy, your house will be more likely to rise to the top of an eager purchaser’s wish list in this competitive market. Today’s high buyer activity is creating upward pressure on home prices and more multiple-offer scenarios. According to the Realtors Confidence Index Survey from NAR, the average home for sale is receiving 3.7 offers today, up from 2.3 offers just one year ago. This makes selling even more enticing.
In this kind of sellers’ market, you have a huge advantage in the process. And here’s another win – you can also use your equity toward a down payment on a new home when you move.
Wondering where you’ll go if you try to move while it’s so challenging to find a home to buy? Well, in many areas, there are more homes available at the higher end of the market, so finding a move-up home may be less of an issue if you’re ready to search for your dream home this spring.
Bottom Line
If you pressed pause on selling your house last year, now may be the best time to put your plans back into motion while inventory is so low. Let’s connect today to get the process started.
Facebook Live
Virtual Open House
Grab your coffee and tune in to see this beauty!
Join Anne this weekend where she will be doing a Facebook live virtual Open House on Saturday March 27th at 10:00am at 1301 State St, Eau Claire, WI. She will be giving a tour of the home and will also have a designer with her talking about design trends as well as blending new modern decor within historic homes like this one. You can find this event on Facebook as @anneandersonhomes.
Please tune in or share this with someone who might like to!
Featured Property
Lifestyle: Easy Living in the City
You want an easy lifestyle with low maintenance living so you can have more time to do the things you want to do like explore the neighborhood with some of the best coffee, dining, and shopping in St. Paul just around the corner! Bursting with charm this all-brick Row House offers warm finishes that have almost all been touched and updated recently. Four levels including a finished basement allow for quaint spaces AND plenty of room to spread out. Enjoy your own designated areas to live, work, work out, and relax! Special features include atrium style architecture that allows large windows to bring lots of natural light in, two Owner’s Suites, and 2 deck areas – one on the third level with fun views of the neighborhood, and one off the kitchen perfect for outdoor grilling and dining. Nice 2 car garage just steps from the back door. Lovely neighborhood with plenty of street parking for guests! Do not pay Summit Ave prices when you can have a home like this one a few blocks away!
Other Listings
Giving In Our Communities
The mission of Valley Outreach is to help people move their lives forward through basic needs services and personalized support. In 2019-20 they welcomed more than 13,000 individuals with 60% of those families new to Valley Outreach. At Anne Anderson Homes we believe in giving back to the communities in which we live and work. Valley Outreach is an organization that we continue to support and it extends beyond our team. In November of 2020, our amazing clients and friends raised over $1,000 and donated a truckload of food in a mere 2 hours for the Valley Outreach organization!
“We make a living by what we get. We make a life by what we give.”
Winston Churchill
