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Staging | Compass RE Blog

Saturday, October 14, 2017   /   by David Wyher

Fall is upon us!

Friends and Clients —

Fall is upon us, and with it the end of the high season for real estate.

However, if you're thinking you've missed your chance to sell your home, let me reassure you.

This autumn actually presents a fantastic moment to sell. Here's why.

First off, housing inventory is still incredibly low.

In fact, according to data from the Census Bureau and the National Association of Realtors, inventory remains well below historic averages, and is 50% less than the peak in 2006.

In addition, the recent slump in new construction means demand for existing homes will stay high in the near future.  

Second, while mortgage rates also remain very low, recent announcements by the Federal Reserve might cause them to finally start rising.

This would make mortgages less affordable and might turn away a significant number of potential buyers.

This is even more of a concern when you consider the continuing growth of home pr ...

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  david wyher, mainline360, philadelphia, main line, staging, homes for sale, pa, real estate, selling in spring

Tuesday, September 19, 2017   /   by David Wyher

Purchasing a Home? Avoid Doing These 6 Things at All Costs

Purchasing a Home? Avoid Doing These 6 Things at All Costs


Finding a home can be a daunting process. Today I want to talk to you about the six things you should never do when purchasing a home. It can be hard to know exactly how you should handle your home search, but understanding what to avoid can be a big help. First of all, don’t move forward without an agent. It’s fine to look around online, but don’t get too serious without professional help. To learn more, watch this short video.








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

Tuesday, July 25, 2017   /   by David Wyher

If you've been quietly considering selling your home, then you need to read this....

Friends and Clients —

If you've been quietly considering selling your home, then you need to read this.

That’s because summer 2017 is shaping up to be one of the most favorable seasons in recent years to sell your home quickly and for a top price.

However, the moment might not last. Let me explain.

Mortgage rates are still very low. As I write this, the 30-year mortgage rate has dipped down to 3.9%, far from the 4.5% that experts predicted for 2017.

These continuing low mortgage rates translate into more affordable homes, and into eager buyers who are looking to lock in these low rates while they still last.

We've seen this eagerness in action recently.

Demand is so strong that home sales actually increased in both April and May, despite the fact that the supply of homes on the market is currently at a seven-year low.

As a consequence of strong demand and tight inventory, home prices reached an all-time record high this May ...

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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

Thursday, June 1, 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

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

Compass RE
David Wyher
1601 Market Street, 19th Floor
Philadelphia, PA 19103
888-423-4020
215-872-8591

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