Blog Posts February 16, 2012

Crazy time… crazy time…

It’s a crazy time I tell ya. It’s mid February, we should be knee-deep in snow with a blizzard on the way, real estate should be at a standstill and I should trying to emerge from my winter hibernation. Instead its mid February, it was nearly 50 degrees today, the real estate market is hot and I’m definitely not hibernating!

Hopefully you remember my post I Just Survived My 1st Night at my 2nd Job where I talked about taking a once a week, night job because it was almost winter, real estate was going to slow down, I’m nearly a hermit… you get the point. Well the interesting thing is I just gave up my night gig because I’m too busy! Yes middle of winter in Iowa and I’m too busy, I love it!

The market is hot, rates are at the lowest they’ve ever been, there are some great deals out there and buyers are starting to pick them up. For the time being its a great buyers market and a great sellers market, it’s the best of both worlds. Do I think it will last forever? No way. Right now we border on not having enough inventory (listings) so there’s some pent-up demand. Rates may stay low or they may rise, if they rise then buyers won’t be able to afford as much home. Rents are going up, way up – many renters will soon realize buying is the better way to go.

Needless to say its a crazy time but I’m excited. I’m excited to be really busy again, I’m excited to help clients with what may be the biggest financial decision of their lives, I’m excited to be a Realtor in such a crazy market and I’m excited to ramp up my business. Watch the next few days for some new promotions – I need your help to make my business bigger & better.

Uncategorized February 10, 2012

Home Price Changes by State

Home Price Changes by State

Posted: 10 Feb 2012 04:00 AM PST

InfoGraphic

Uncategorized February 9, 2012

Stop what you’re doing…click on this

Stop what you’re doing…click on this link & forward to all of your friends… don’t miss this deal! http://ow.ly/8YQyo

Uncategorized February 5, 2012

Smarter! Bolder! Faster! Century 21 will

Smarter! Bolder! Faster! Century 21 will have a commercial in the 3rd quarter of the game! Let me know what you think… http://ow.ly/8SStU

Uncategorized February 3, 2012

Celebrity Room Showdown; Kitchens… htt

Celebrity Room Showdown; Kitchens… http://ow.ly/8RiDP

Uncategorized February 3, 2012

Over the top kitchens… http://ow.ly/8R

Over the top kitchens… http://ow.ly/8Rick

Uncategorized February 3, 2012

Me vs. the Market – Feb 2012

It’s February already! Where has time gone? I’m about a month behind but here is an update on the real estate market and on my market. Enjoy!

 

I know, I know its been a little while since I’ve been in touch & updated you on Me vs. the Market! It’s been a busy spring already. I say spring because that’s what our weather has felt like and how the market has been acting. We’ve been busy grooming new listings about to come on the market, generating leads for our current listings & showing properties to buyers. As for the market… If you know of any one considering a purchase now may well be the time!! January was hot.  62 sales in January is second only to 2007 in terms of number of sales.  February will be hotter yet.  Waiting for the market to turn?  It’s turned!  It’s happening RIGHT NOW!

 

New listings in January (Ames MLS) = 168

Price changes in January (Ames MLS) = 92

Properties Sold in January (Ames MLS) = 62

Properties that went pending in January(Ames MLS) = 104

 

As for me… I have 6 sides pending (3 listings & 3 buyers) I have 5 more contingent to buyers getting their current properties sold and 2 of those are contingent to lenders accepting a short sale, I 3 very serious buyers who need/want to buy properties ASAP and 7 of my 23 listings will buy another property when theirs sells. My goal is to have 30 listings by March 1st & 40 listings by April 1st. Don’t forget to check out and/or subscribe to my blog Me vs. the Market to keep up with my business, the market & my life. Some of my favorite posts… What I Wouldn’t Do For a Client… How Many Signs Do You Need?… and I Fired A Seller Last Week…

 

 

Century 21 is going to have a Super Bowl commercial!! Before the big game we’ll have 12 pre-game commercials and then the “big one” will be during the 3rd quarter of the game. You can check out the 3 teaser ads here…

Smarter… with real estate tycoon Donald Trump

Bolder… with Deion “Primetime” Sanders

Faster… with Olympic medalist Apolo Ohno

 

 

***Open House!! Saturday, February 11th from 10:00-11:30am at 45 Latrobe, Mc Callsburg***

I desperately need acreages to sell/list!! I have ready & qualified buyers looking for acreages of all shapes, sizes & prices. If you or someone you know might be interested in selling an acreage please give me a call right away.

Interested in more information on one of my listings? For FREE, recorded information 24/7 call            1-866-674-1431       and enter the code below or you can always check out my listings atwww.brandinelson.com

·         Two duplex properties available, fully rented, cash flowing, very affordable Code #930 or 931

·         2 bedroom/1 bath ranch home, new electrical, roof, windows, flooring & moreCode #9131

·         3 bedroom/1 bath home, open layout, main floor laundry, new siding, fenced yard Code #990

·         4 bedrooms/1 bath on nearly 2 acres, lots of space & storage, main floor laundry,Code #947

·         2 bedroom/2 bath ranch home, large lot, huge attached garage, well maintained, Code #9139

·         1 bedroom/1 bath condo in west Ames, cherry cabinets, stainless steel appliances, Code #975

·         3 bedroom/1 ½ bath ranch home, corner lot, fenced with extra garden/workshop, Code #972

·         PRICE REDUCED! 3 bedroom/1 ½ bath on 4 acres, newer siding, roof & windows, 2 barns, great price, Code #928

·         4 bedroom/2 bath split foyer, nicely decorated, new windows, big garage, big lot, Code #974

·         3 bedroom/2 bath split foyer, new furnace, a/c, flooring, kitchen, bsmt waterproofed, Code #9203

·         3 bedroom/1 bath , nicely updated & decorated, large landscaped yard, backs to alley, Code #948

·         5 bedroom/2 bath, newer roof, siding, windows, kitchen, bathrooms, plumbing!!Code #967

·         PRICE REDUCED! 5 bedroom/2 bath, corner lot, Pottery Barn decorated home, updated kitchen, big rooms, Code #9130

·         4 bedroom/2 bath home, big rooms, hardwood floors, built ins, large kitchen, det garage, Code #956

·         PRICE REDUCED! 4 bedroom/1 ½ bath 2 story home, beautiful built ins, large rooms, huge garage w/shop Code #9161

·         PRICE REDUCED! 3 bedroom/3 bath modern styled home, 2 fireplaces, over 2,700 sq. feet of finished space, Code #962

·         Duplex – 2 bed/1 bath on each side, cash flows, nicely updated, all appliances included, Code #971

·         3-4 bedroom/2 bathroom 2 story home, new roof, tons of updates, finished 3rdfloor space, Code #939

·         3 bedroom/2 bath built-in 2005, under assessed value, finished basement, move in ready, Code #9189

·         5 bedroom/4 bath on 19 acres, 3rdfloor is a master bedroom suite, kitchenette in basement, Code #964

·         3 bedroom/2 ½ bath home on a huge, park like lot, fully fenced, 3 season porch, private, Code #926

·         5 bedroom/3 ½ bath 2 story built, custom-built in 2007, granite counters, big rooms, very nice Code #938

 

As always… call, text or email me if you have any questions or comments. Oh yeah, in the next 2 weeks you will know of friends, neighbors, or coworkers who are looking to sell or buy a home or need a mortgage. Be sure to tell them about me and call me right away with their phone numbers so that I can help them, too!

Have a great day!

Brandi

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Brandi Nelson
CENTURY 21 Signature Real EstateBrandi.Nelson@CENTURY21.com
1615 Golden Aspen Drive
Suite 104
Ames,  IA   50010
Phone             515.233.2623
Cell             515.291.0914
Fax 515.232.9278
http://www.brandinelson.com

Featured Listings:
340 Grand Ave, Story City
5 bedroom – 2 bath
MLS# 32705

Beautiful pottery barn, 2 story home with 5 bedrooms. Big bedroom & full bath upstairs. Kitchen, living room, dining room, entryway, office & another full bath on main. Enjoy the wood fireplace. Great kitchen with tile floors, all appliances stay. Main floor laundry. Big yard is completely fenced. New concrete pad for off street parking.
$132,000 – View Listing
2002-04 Melrose Ave, Ames
0 bedroom – 0 bath
MLS# 34476

Wonderful duplex in great neighborhood. Both sides currently rented with leases until 8/12. 1 side has 2 bdrms & 1 bath the other has 2-3 bdrms & 1.5 baths. Both sides nicely updated. Full basement & incluide all appliances. Would make a great owner/occupied property. Has a 2 car garage too. 1/2 block to Cy Ride stop & has off street parking too.
$159,900 – View Listing
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© 2012 CENTURY 21 REAL ESTATE LLC. ALL RIGHTS RESERVED. CENTURY 21® IS A REGISTERED TRADEMARK OWNED BY CENTURY 21 REAL ESTATE LLC. AN EQUAL OPPORTUNITY COMPANY. EQUAL HOUSING OPPORTUNITY. EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.

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Uncategorized February 2, 2012

What wouldn’t I do for a client…

What wouldn’t I do for a client? I wouldn’t break the law… I wouldn’t cross ethical lines… but I’d do a lot. A lot more than the stuff they teach you in pre-license class. Way more than I have printed on my buyer & seller marketing packets.

Let’s see… there was the time I drove to Sioux City at 6am to get paperwork that should have been overnighted the day before, the time I nearly went to Kansas for documents at 8pm at night (and had my sister who lived in Kansas City lined up to help take 3 hours of the driving off my trip), or the time I rocked & fed a baby while my clients did the home inspection with the inspector, or when I shimmied up a porch & crawled thru a window to get into a house that should have been unlocked, convinced my husband & sister to help me clean & empty a listing that a seller left a mess, I showed one buyer over 50 homes in less than 3 weeks, or when I picked up a seller’s dog & took him for a ride when another Realtor (who was scared to death of dogs) wanted to show one of my listings at the last-minute, I’ve left my husband at a restaurant because a buyer wanted to write an offer before they left town, oh & there’s the time I did a somersault to keep a 4-year-old from throwing a fit during a final walk thru, I once met with a buyer at 5am to write an offer, let’s not forget the many times I’ve learned way more than I need & had to see first hand the workings of a septic system, I’ve shoveled snow from walkways at another Realtor’s foreclosure listing, I’ve walked 3 miles of timber in high heels because the client “just had to see it,” I’ve cleaned out a garage (think paint cans, oil, garbage, wood scraps) that an unruly seller decided to leave at the last-minute, I’ve painted a porch that had peeling paint… I could go on and on.

It’s not just me either. Just the other day another Realtor in my office ended up taking the son of one of his clients to the son’s doctor appointment when they were running late, I know one agent in our office actually moved her clients into her own house for two weeks when their house wasn’t ready, another picked up her seller’s children at school so their house could be shown, countless stories of having to put on rubber gloves to clean out abandoned refrigerators… I think you’re starting to get the idea.

Now I’m not telling you these things so you can think up new ways to test my resolve. I’m not telling you these things to make you think I’m some great person. I’ve had plenty of “easy” transactions that went off without a hitch and I appreciate every one of them.

I am telling you these things so that the next time you hear someone say “Realtors make a lot of money for nothing,” or “I can do everything a Realtor can do” or even “using a real estate agent is a waste of money” then you can think of all those things above and just smile!

Uncategorized February 1, 2012

10 Real Estate Markets to Watch in 2012

10 Real Estate Markets to Watch in 2012 – Des Moines is #4 check it out… http://ow.ly/8OiwB

Uncategorized February 1, 2012

Is It Time to Buy a Home?

Is It Time for Young Families to Buy a Home?

Posted: 01 Feb 2012 04:00 AM PST

 

We have reported that almost six million adults between the ages of 25 to 34 are currently living with their parents. That number reflects an almost 50% increase since 2003. These young adults are now being advised to jump into homeownership.

Who are the people selling them on the American Dream? Their parents! It seems that parents of some adult children are strongly suggesting that their children take advantage of the low cost of homeownership available today. Some moms and dads are helping financially and are even co-signing for the mortgage. Middle age parents who have owned a home understand its true value. A home has always been a good long term financial investment. However, homeownership also has many other benefits.

In Fannie Mae’s most recent National Housing Survey, they asked the question directly: Is this a major reason to buy a home?

The study broke up the answers into financial and non-financial reasons. The top four reasons and six of the top ten reasons were NON-FINANCIAL. The top four are below:

  1. It means having a good place to raise children and provide a good education.
  2. You have a physical structure where you and your family feel safe.
  3. It allows you to have more space for your family.
  4. It gives you control over what you do with your living space (renovations & updates).

Should this surprise us? Aren’t these the same reasons our parents bought their home? Aren’t these the same reasons we purchased our home? These are the same reasons parents have suggested their children buy a home. They want the same things for their grandchildren that they believed to be important for their children.

And today, the cost of homeownership is at all time lows:

J.P. Morgan

“The numbers on housing have an important message for American families today, and particularly younger families setting out on life’s great adventure: Five years ago, at the peak of the home-buying euphoria, it was emphatically a time to rent. Today, when home ownership is depreciated more than ever before, the numbers tell us it is a time to buy.”

MSNBC.com

“[S]omeone who plans on staying put for seven years would come out ahead by about $9,000 if they bought a median-priced home rather than being a tenant in a median-priced rental.”

HUD

“Homes today are more affordable for average families than they have been since 1971. Median-income families today have nearly double the funds needed to purchase the average home.”

Bottom Line

Now that the economy is beginning to show signs of stabilizing, people are getting back to the core values that families have always embraced. Homeownership is definitely high on that list. And today, from a financial standpoint, it may be the opportunity of a lifetime.