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  • Main Line 360 | Keller Williams Realty Blog

    Thursday, June 01, 2017   /   by David Wyher

    How to Get Your Home Sold If You Have a Pet

    The good news is, many homebuyers are looking for a pet-friendly home.


    Selling your home? Get a complimentary home valuation.
    Buying a home? Search the complete MLS.



    Two out of three of us have a pet, and 61% of pet owners say they have trouble finding a home that is a good match for their pet.

    In fact, a recent survey estimates that 31% of animal owners frequently don't put in an offer because a home would not suit their pet.
     
    This means that if your home is a good match for a pet, it will be attractive to a large pool of dedicated animal owners. 

    On the other hand, 67% of Realtors also estimate that actually having a pet in your home can make it harder for you to sell.

    So what can you do? Here are three things I typically recommend:

    1. Repair any damage

    Floors, walls, doors, the yard — these are some typical areas that pets love to chew, scratch, and dig up. 

    Repairing this damage is an investment that will p ...

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      david wyher, mainline360, philadelphia, main line, manayunk, liz eppleman, staging, homes for sale, pa, real estate, selling in spring, selling in winter, keller williams

    Wednesday, May 03, 2017   /   by David Wyher

    What the Fed's recent rate hike means for real estate

    Friends and Clients —

    The Fed increased its key interest rate by 0.25% on March 15th.

    This rate hike has some people worried about the possibility of a slowdown in the real estate market.

    Personally, I'm convinced that this won’t happen for three reasons:

    1. The Fed's rate hike had no impact on mortgage rates

    It's easy to forget that the Fed's interest rate is not tied in any direct way to mortgage rates. In fact, the two rates frequently move in opposite directions.

    That's exactly what happened this time. The 30-year fixed mortgage rate was actually lower in the days following the Fed's announcement. The same thing happened the last time the Fed increased rates back in December.

    2. Mortgage rates are still at a historical low

    Mortgage rates have a long way to go before we would see any impact on demand.

    Even if mortgage rates followed any rate increases that the Fed might make later in the year, they would still be lower than the his ...

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      david wyher, mainline360, philadelphia, main line, manayunk, liz eppleman, homes for sale, pa, real estate, selling in spring, keller williams

    Friday, April 14, 2017   /   by David Wyher

    LOOKING TO SELL YOUR HOME? Three recent developments make this spring a unique moment to do so quickly and at a top price.

    Friends and Clients —

    If you are looking to sell your home, then three recent developments make this spring a unique moment to do so quickly and at a top price.

    First, mortgage rates have stabilized.

    From a low of 3.41% last July, the 30-year fixed mortgage rate spiked up after the election and reached a high of 4.31% in December.

    However, rates have stabilized over the past few months, and despite the increase, they are still near historical lows.

    Second, jobs are up.

    The U.S. Bureau of Labor Statistics reports 235,000 new jobs in February and 2.3 million over the past year. This reflects continuing growth in consumer and business confidence over recent months.

    Third, housing inventory is at a record low.

    February saw a 17.9% year-over-year drop in the number of homes on the market. This is the 100th consecutive month of year-over-year declines, going back to October 2008.

    So what do these three developments mean for you?

    First ...

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      david wyher, keller williams devon-wayne, mainline360, philadelphia, main line, manayunk, staging, liz eppleman, selling in winter, homes for sale, pa, real estate, selling in spring

    Tuesday, March 21, 2017   /   by David Wyher

    Avoid These 5 Common Selling Mistakes

    Selling your home is a complex process. Here’s what you can do to make it a little easier.

    Selling your home? Get a complimentary home valuation.
    Buying a home? Search the complete MLS.

    If you’re thinking of listing your home this spring, there are certain things that can hinder your sale. Our goal is always to help sellers get the best offer possible on their home, and doing that involves steering you clear of common mistakes we see sellers make. Keep these five tips in mind if you plan on selling this spring:

    1. Don’t overprice your home. A lot of sellers plan to price high and then come down in reductions later. That is something that is going to prohibit you from getting the best possible offer on the market. Price your home according to current conditions, not according to your ideal price.

    2. Renovations and permits. If you are planning on doing any renovations to your home before you sell, make sure you have the right per ...

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      david wyher, keller williams devon-wayne, mainline360, philadelphia, main line, manayunk, staging, liz eppleman, selling in winter, selling in spring, real estate, pa, homes for sale

    Monday, February 06, 2017   /   by David Wyher

    Zestimates? Zillow estimates, are they accurate?

    I think Zillow is a great resource for home buyers to begin a home search, but I would never recommend that anybody use the website instead of a professional Realtor. The way that Zillow estimates your home value is that they take your county tax records and then apply an algorithm that they think will tell you what your home is worth. The people at Zillow have certainly never been in your home and aren't aware of upgrades or modifications. Unfortunately, you can never trust a Zestimate. More often than not, they are wrong. We are more than happy to perform a free competitive market analysis on your home to give you an accurate value for your Greater Philadelphia property. This should provide you with a much clearer picture of what your home is really worth.As always, if you're interested in buying or selling in Greater Philadelphia real estate, please do not hesitate to contact me. I would be more than happy to sit down with you and discuss your p ...

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      david wyher, keller williams devon-wayne, mainline360, philadelphia, main line, manayunk