Cheyenne Wyoming Real Estate Blog

De-cluttering is a major part of selling your home and if you are thinking about selling your house, here are a few quick tips you can try to help get your house ready for the market.

De-cluttering can make a huge difference when it comes to space and cleanliness. Consider this, if you haven’t used it in over a year, you probably don’t need it. Here are some other things you can do to help eliminate clutter:
• Remove your books from your bookcases.
• Pack up those knickknacks.
• Clean off everything on kitchen counters.
• Put essential items used daily in a small box that can be stored in a closet when not in use.

Just think of this process as a head-start on the packing you will eventually need to do anyway.

Start de-cluttering today!

Patrick Graham

307.640.3039

Coldwell Banker
The Property Exchange

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February pending sales up 9.2% from year ago
By Inman News, Monday, March 26, 2012.
Inman News®

Rising home sales image via Shutterstock.
The National Association of Realtors is predicting existing-home sales will jump 7 to 10 percent in 2012 to the highest level in five years, based on an “uneven but higher sales pattern” so far this year.

Pending home sales fell a seasonally adjusted 0.5 percent from January to February, which was up 9.2 percent from the same time a year ago, NAR said today in releasing its latest Pending Home Sales Index.

Last week, NAR reported a similar trend for existing-home sales, which were down 0.9 percent from January to February, but up 8.8 percent from a year ago.

The pending sales data released today provides a glimpse into more recent trends, because it tracks homes that were under contract in February — deals that will in most cases be finalized within one or two months.

NAR said 31 percent of Realtors experienced contract failures in February, in some cases because buyers’ mortgage applications were rejected or because appraisals came in below the negotiated price.

In the Northeast, NAR’s index slipped a seasonally adjusted 0.6 percent from January but was up 18.4 percent from a year ago.

The Midwest saw a month-over-month gain of 6.5 percent and a 19 percent gain from a year ago.

Pending home sales fell 3 percent in the South from January to February, but were up 7.8 percent from a year ago.

In the West, the index declined 2.6 percent from January to February and was 1.8 percent below the index rating in February 2011.

In its latest economic forecast, NAR predicts existing-home sales will total 4.65 million in 2012, up 9.1 percent from last year. That forecast assumes that the U.S. economy will grow at a 2.3 percent annual rate and add 2.7 million jobs this year.

It’s happening!

Shari Webb

Coldwell Banker

The Property Exchange

(307) 286-0470

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01/24/2012 BY: KRISTA FRANKS BROCK (DS Post)
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.

The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.
Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with the past three quarters.
However, other market indicators point not just to a stabilization of mortgage lending standards, but also a loosening of credit availability.
Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low during the crisis of 3.2 times borrower earnings.
Banks are also loosening loan-to-value ratios (LTV), which Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.”
In contrast to a low of 74 percent reached in mid-2010, banks are now lending at 82 percent LTV.
While credit conditions may have loosened slightly, some potential homebuyers are still struggling with credit requirements. In fact, Capital Economics points out that in November 8 percent of contract cancellations were the result of a potential buyer not qualifying for a loan.
Additionally, Capital Economics says “any improvement in credit conditions won’t be significant enough to generate actual house price gains,” and potential ramifications from the euro-zone pose a threat to future credit availability.

Shari Webb

Coldwell Banker

The Property Exchange

(307)  286-0470

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Spring is here so take time to enjoy your outside spaces. Add potted plants and pots of flowers to your back patio to make them more enjoyable all summer long.

Shari Webb
“Your Key to Care”

307.286.0470

Coldwell Banker
The Property Exchange

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A simple way to dress up your flower beds and trees to sell your home when your plants aren’t in bloom (or you just never got around to planting anything), is to pull out the dead plants and weeds and mulch them with red cedar or brown mulch. Mulching will add a neatness to the beds and trees and give a more dressy look to the exterior of the home. It will also give buyer a chance to see the potential to put thier own creativity into the flower beds.

Dress up your flower beds and trees for a great sale!

Call me today!

Patrick Graham

307.640.3039

Coldwell Banker
The Property Exchange

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Now is also a good time to think about what is going on outside your home. With a few warm days amongst the crazy Wyoming spring weather, we can get a brief chance to remove some of the dead debrise from the flower beds and start planning for what we want to go in. Take time to draw out a sketch and start shopping for seeds. You can even start them inside. Nothing feels more like spring than seeing new growth spring up.

Get growing on your spring projects today!

Patrick Graham

307.640.3039

Coldwell Banker
The Property Exchange

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Along with allowing more light into our home, lets make it shine. A hot trend for spring is metallics! Silvers, coppers, golds, Oh My! Add a silver lamp to a bedside table, or a mix of metallic pillows to a plain sofa. Try painting your favorite candle holders in metallics for any room. Even add shine to the bathroom with a wall of metallic wallpaper. Be sure no to overdo metallics. Add shine with simple accents.

Bring on spring with shine!

Shari Webb
“Your Key to Care”

307.286.0470

Coldwell Banker
The Property Exchange

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Spring is in the air. The sun is staying out a little longer each day and next week we will spring forward to enjoy one more hour of light in our lives. So why not take this time to pull down those heavy winter drapes, replacing with something simpler and sleeker to let the light in. Allow yourself and your home to feel the warmth of the sun. Let it be the energy you need to start your spring cleaning projects.

Let the sun shine in!

Patrick Graham

307.640.3039

Coldwell Banker
The Property Exchange

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Part of selling your home is taking your personal style out of it so buyers can see themselves in the space.  One way to do this it to take your personal color choices out of the home.  Most buyers can’t  stretch thier imagination to see beyond your favorite bright greens and purples on the walls.  Instead of drawing attention to the walls, draw attention to the space by choosing  neutral colors such as tans or grays that can easily be a backdrop to so many different styles.   Not only will your buyer see themselves in the space, but a fresh coat of paint will make the home feel more move in ready, which is always a good selling feature!   

Shari Webb
“Your Key to Care”

307.286.0470

Coldwell Banker
The Property Exchange

• Read More »