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TEAM Lee Moore

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TRILOGY AND OTHERS 10/16.....SPECIAL OFFER

by TEAM Lee Moore

                                           

 

                                                         

  We are proud to announce that our Company REMAX Professionals has contracted with our Partner, ONE GUARD home warranties to offer anyone who lists their home with TEAM Lee Moore will receive a FREE HOME Warranty, a $399 value. One thing stands out with this offer compared to others.  YOUR HOME IS automatically covered with this same Company while is is LISTED for Sale with the Moore's

In addtion, you get a 125 point home inspection on the property. Learn more about this great offer !!

                                                               YES READ !!

October 2017 National 

 

"Home Trend" News

OCTOBER 2017 NEWS

Note: August data below is the most recent available from the National Association of Realtors® 

According to National Association of Realtors® (NAR) data, sales of existing homes dipped in August for the fourth time in five months. A low supply of homes continues to impact home sales. Nationally, the Northeast and Midwest saw sales gains, while declines occurred in the South and West.
 
Total existing-home sales (measuring transactions for single-family homes, townhomes, condominiums and co-ops), fell 1.7% to an annual rate of 5.35 million in August against 5.44 million in July.   

Existing Home Sales By Region
NAR's chief economist, Lawrence Yun, indicated that the dip in existing sales created headwinds in August despite ongoing demand for homes. "Steady employment gains, slowly rising incomes and lower mortgage rates generated sustained buyer interest all summer long, but unfortunately, not more home sales." Yun added, "What's ailing the housing market and continues to weigh on overall sales is the inadequate levels of available inventory and the upward pressure it's putting on prices in several parts of the country. Sales have been unable to break out because there are simply not enough homes for sale."
 
Housing Data Highlights
 
  • August's median existing-home price (all housing types) was $253,500, a rise of 5.6% over August 2016 ($240,000). August's price gains mark the 66th straight month of year-over-year gains.
     
  • Total U.S. housing inventory at the end of August fell 2.1% to 1.88 million existing homes available; this is 6.5% lower than a year ago (2.01 million) and has declined year-over-year for 27 consecutive months. Nationally, unsold inventory sits at a supply of 4.2-months at the current sales pace, down from 4.5 months a year ago.
     
  • First-time buyers drove 31% of U.S. sales in August, a dip from 33% in July and the lowest share since August 2016 (also 31%). For all of 2016, first-time buyers were responsible for 35% of sales.
     
  • Freddie Mac data indicates that the average commitment rate for a 30-year, conventional, fixed-rate mortgage dropped to 3.88% in August from 3.97% in July; this is the lowest rate since November 2016 (3.77%). By comparisin, 2016's average commitment rate was 3.65%.

FIND THE RIGHT COVERAGE

When purchasing a home, you will need to acquire homeowners insurance. In fact, all lenders will require a policy to be in force prior to funding the loan. Make sure you have enough coverage should anything happen. Policies refer to "replacement costs" that may not cover everything. You should ask your insurance agent a lot of "what if" questions. The deductible amount also plays a big part in setting your premium. Higher deductibles lower the number of claims, and reduce your insurance costs.

Check with your insurance agent for more information on these issues and others. If you don't have an insurance agent, we have access to several top-notch agents to whom we can refer you with confidence.

SELLER STRATEGY

Selling your home in today's market requires strategy and execution. Here are some tips to help sellers reduce their time on market while getting excellent value:

  • Make it shine. Buyers are attracted to attractive homes. To make your home stand out, mow the lawn, rake the leaves, wash your windows, and clean the carpets. These small things can make a big difference.
     
  • Remove clutter. Not only do clean homes show better, but tidy homes offer more to the imagination. One person's treasure is another person's trash. Removing unnecessary clutter will help potential buyers envision their own potential for the home.
     
  • Consider removing art and personal keepsakes. This one is tough for certain people emotionally, but don't take it personally. Some savvy sellers go beyond de-cluttering and remove all (or most) of their personal artwork, family photos and personal mementos to make easier for potential buyers to imagine the home being theirs
     
  • Pay attention to the market. Work with your agent and price your home to sell. A competitively priced home is the one that sells first, and in this market that counts for a lot. Even in fast-moving markets in many parts of the United States, overpricing your home can lead to selling it for less or incurring greater holding costs than if you had priced the house appropriately in the first place. An experienced agent will help you arrive at the most advantageous price for your home.

These simple tips can help you sell your home and take advantage of our today's market. Please contact us if you have any questions about selling your home. We are here to help!

READ ALL TRILOGY "MONDAY MORNING COFFEE"   

 

TRILOGY 9/25/2017 SEPTEMBER "INSPIRATION" + GREAT E-NEWS!

by TEAM Lee Moore

INSPIRATION FOR TODAY:

"We need to learn to set our course by the stars, not by the lights of every passing ship."
 
~ General Omar Bradley
 
FEELING LOST?
 
Do you find yourself drifting on an ocean of indecision, misdirection, unfulfilled aspirations? Feel like you're not getting as far along as your colleagues, or as far along as they say you should? It's probably time to throw out your compass!
 
While it can be helpful to look to others for inspiration, don't make the mistake of believing that you can or even should try to achieve the same accomplishments. Using a map of your own making, set your individual course according to where you want to go and how quickly you want to get there.
 
Indeed, you can set your sights much higher than the "landmarks" or "passing ships" of those people around you who tell you what you should do or what you shouldn't do. You'll lose your valuable perspective of the Big Picture if you pay too much attention to the advice or achievements of others.
 
Whether you are passing them or they are passing you, don't lose sight of what is guiding you and where. Your dreams and ambitions are the unmoving and constant "North Star" in your life. While everything else around you can change so quickly from day to day, it's your own beliefs and convictions that give you the steady course you need to successfully navigate those changes.
 
You'll never get anywhere by trying to determine the success or even the path of your journey by the "passing ships" around you. Stay focused solely on what you believe and know to be true, and ignore the nay-sayers! They may be gone tomorrow, but your dreams will be the stars in your sky forever.
 
 
 
  
                                                                                                        

 

 
 
 
 
 
 
   
 
 
 
    
 
 
 
      
READ.....THERE'S MOORE..........
                           
 
                         
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Read Moore........ 

   We are coming into our great fall selling season and now is a perfect time to place your home on the market. We will have a stream of Buyers looking to buy a home in AZ and many will buy in Trilogy and the other Adult Communities. We can help you get started with our FREE SPECIAL OFFER and get a 1 year home warranty!!  Read about it!

For more info, just click.....Yes, "1 year Warranty"

 

READ ALL TRILOGY "MONDAY MORNING COFFEE"   

 

 IN ADDITION, READ SEPTEMBER "HOME TRENDS"

                http://www.leemoorehomes.com/blog/TRILOGY-NATIONAL-SEPTEMBER-2017-HOME-TREND-News

TRILOGY + NATIONAL SEPTEMBER 2017 HOME TREND News!

by TEAM Lee Moore

 

 

 

 

September 2017 HOME TREND News

SEPTEMBER DATA UPDATE

Note: Data below is from July, the most recent data compiled by the National Association of Realtors®.

While July's listings went under contract in less than 30 days for the fourth consecutive month due to high buyer demand, overall sales of existing homes declined as sales dips in the Northeast and Midwest outweighed sales gains in the South and West, based on data from the National Association of Realtors® (NAR).

Total sales of existing homes -- measuring transactions for single-family homes, townhomes, condominiums and co-ops -- dipped 1.3% to a seasonally adjusted annual rate of 5.44 million in July from 5.51 million in June. July’s sales pace remains 2.1% higher than a year ago, but is the lowest this year.

  Existing Home Sales By Region
NAR's chief economist, Lawrence Yun, said the latter half of the year started off on a bit of a sour note as July's existing sales inched backward. “Buyer interest in most of the country has held up strongly this summer and homes are selling fast, but the negative effect of not enough inventory to choose from and its pressure on overall affordability put the brakes on what should’ve been a higher sales pace,” Yun said, adding that “Contract activity has mostly trended downward since February and ultimately put a large dent on closings last month.”

Housing Data Takeaways

  • Nationally, July's median existing-home price for all housing types was $258,300, up 6.2% from July 2016 ($243,200). This represents the 65th consecutive month of year-over-year gains.
     
  • Total housing inventory by the end of July fell 1.0% to 1.92 million existing homes available for sale, is now 9.0% lower than a year ago (2.11 million) and has fallen year-over-year for 26 straight months. Nationally, unsold inventory offers a 4.2-month supply at the current sales pace, down from 4.8 months one year ago.
     
  • First-time buyers nationally drove 33% of sales in July, up from 32% both in June and a year ago. The share of first-time buyers for all of 2016 was 35%.
     
  • Freddie Mac data shows the average commitment rate for a 30-year, conventional, fixed-rate mortgage rose to 3.97 percent in July, up from 3.90 percent in June. The average rate for all of 2016 was 3.65%.

WHAT'S YOUR CREDIT SCORE?

Credit Score image from Credit.comYour credit score is a composite snapshot of your credit history. A high credit score takes time to cultivate, and is not likely to raise much in a short period of time. Generally speaking, you want to make sure you pay your bills on time, keep outstanding debt levels to a reasonable amount for each account, and avoid closing accounts you've successfully paid-off and managed. Don't lose hope if you have less than perfect credit, there are still good loan programs out there for responsible borrowers.

We have a list of preferred local lenders who can help you find the best financing programs for your specific needs. Contact us and take advantage of today's low interest rates!

Here are some great resources to learn more about credit scores, and to get a free credit score and report:

WARRANTIES FOR OLDER HOMES