7 Reasons to Put Your House For Sale This Holiday Season

7 Reasons to Put Your House For Sale This Holiday Season

7 Reasons to List Your House This Holiday Season

7 Reasons to List Your House This Holiday Season | MyKCM

Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make.

Here are seven great reasons not to wait:

  1. Relocation buyers are out there now. Many companies are still hiring throughout the holidays, and they need their new employees to start as soon as possible.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. You can restrict the showings on your home to days and times that are most convenient for you. You will remain in control.
  4. Homes show better when decorated for the holidays.
  5. There is minimal competition for you as a seller right now. Over the past few months we’ve seen the supply of homes for sale decreasing year-over-year, as shown in the graph below:7 Reasons to List Your House This Holiday Season | MyKCM
  6. The desire to own a home doesn’t stop during the holidays. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching, and your home may be the answer.
  7. Late fall and early winter make up the “sweet spot” for sellers. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights in 2020, which will lessen the demand for your house next year.

Bottom Line

It may make the most sense to list your home this holiday season. Let’s get together to determine if selling now is your best move.

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Top 10 Highest Single Family Home Prices Utah

Top 10 Highest Single Family Home Prices Utah

Top 10 Highest Median Single-Family Home Prices along the Greater Wasatch Front

Salt Lake County home prices climbed to an all-time high in the third quarter, according to the Salt Lake Board of Realtors®. The median single-family home price in the July-through-September period reached $381,500. That’s up 7.5 percent compared to a median price of $355,000 in last year’s third quarter. Just three years ago, the median single-family home price reached $300,000, which was then an all-time high price. The previous peak home price was in the third quarter of 2007, when home prices topped $256,000 (or $298,085 in inflation-adjusted dollars). Home prices increased across all Wasatch Front counties including: Davis, up 6.2 percent; Tooele, up 2.6 percent; Utah, up 4.4 percent; and Weber, up 10.3 percent. Sales of single-family homes in Salt Lake County were flat (up 0.7 percent) in the third quarter year-over-year. Davis County saw sales increase 9.8 percent. Sales in Tooele County were up 4.7 percent. Utah County sales were up 11.8 percent. Sales in Weber County were up 12.1 percent. In the third quarter, the typical Salt Lake home was on the market 37 days before it sold – six days longer than the average time for a home to sell during the third quarter of 2018

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Veterans Day 11-11-19

Veterans Day 11-11-19

 

A mother and her son are hugging in their living room. The mother is wearing a military uniform.

Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice.

This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those who have served our country, ranging from vocational training to home loans.

Facts About VA Home Loans:

  • Nearly 24 million home loans have been guaranteed by the Veterans Administration.
  • Nearly 82% of VA home loans are made with no down payment.
  • The VA also provides grants to help seriously disabled Veterans purchase, modify, or construct a home to meet their needs. Last year the VA provided 2,000 grants totaling $104 million.

Benefits of a VA Home Loan:

  1. No down payment
  2. No Private Mortgage Insurance*
  3. Lower credit score requirements
  4. Limitation on closing costs
  5. Lower average interest rates

*More information on VA Home Loan Fees

 Bottom Line

The best thing you can do today to celebrate Veterans Day is to share this information with those who can benefit from these opportunities. For more information, or to find out how to qualify to use a VA Home Loan Benefit, let’s get together to navigate through the process. Thank you for your service!

 

 

 

 

 

 

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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Protected Class

Protected Class

Things you should not have your clients put in a letter to a buyer or seller.

Protected Class

A group of people with a common characteristic who are legally protected from employment discrimination on the basis of that characteristic. Protected classes are created by both federal and state law.
Federal protected classes include:
  • Race.
  • Color.
  • Religion or creed.
  • National origin or ancestry.
  • Sex.
  • Age.
  • Physical or mental disability.
  • Veteran status.
  • Genetic information.
  • Citizenship.
    More…

    Discrimination is treating people differently. Discrimination is unlawful when it is based on a personal trait or characteristic protected under Human Rights Law. The traits that are protected under Human Rights Law are called Protected Classes. It is unlawful to discriminate against a member of a protected class when it comes to housing, employment, public accommodation, credit and lending, certain educational institutions, and volunteer firefighting organizations.

    Rights
    All citizens should be aware of their rights under Human Rights Law, including their right to file complaints against alleged acts of discrimination. In order for an alleged discriminatory act to be illegal, there must be a connection between what happened to you and the trait/characteristic protected by the Human Rights Law. Making a Human Rights complaint is free for the person making the complaint.

    Responsibilities
    If you are an employer, housing professional, lending institution, or business, it is important to understand your responsibilities under the Human Rights Law. Awareness of the laws can help you create equitable environments in our community, as well as prevent costly and time-consuming legal proceedings.

    Descriptions of Protected Classes


    Age

    The Human Rights Law protects person(s) age 18 or older. A person cannot be discriminated against on the basis of his or her age in the area of employment or housing. Age discrimination usually occurs in employment when older workers are fired, replaced by younger workers, or treated differently than younger colleagues. Employees cannot be forced to retire except for very limited situations relative to tenured professors and certain highly paid executives.


    Creed

    Relates to a person’s religious beliefs. The wearing of religious garb and the observance of religious holidays and practices are protected under the Human Rights Law.


    Race & Color

    Race and color pertains to a person’s racial background and/or skin color.


    Sex

    Discrimination on the basis of sex includes unequal treatment in the workplace, sexual harassment, and pregnancy discrimination. Under the Human Rights Law, men and women are entitled to equal pay, benefits, working conditions, and seniority rights; men and women are entitled to be free from unwelcome sexual advances, requests for sexual favors, physical or verbal conduct of a sexual nature, and a hostile work environment; and pregnant women are guaranteed the right to work, and to enjoy the same medical, vacation and disability leave policies as non-pregnant co-workers. Although sex discrimination occurs most frequently in the workplace, it also occurs in areas concerning housing, credit, and public accommodations.


    Sexual Orientation

    The Sexual Orientation Non-Discrimination Act of January 16, 2003, amends the New York State Human Rights Law to prohibit actual or perceived sexual orientation discrimination in places of public accommodation, non-sectarian educational institutions, credit transactions, housing, commercial property, and in obtaining employment. Sexual Orientation is defined as gay, lesbian, bisexual, heterosexual, and asexual.


    National Origin

    Is based on one’s national group and includes one’s ancestry.


    Marital Status

    A person may not be discriminated against on the basis of whether or not he or she is married, divorced, single, separated or widowed.


    Domestic Violence Victim Status

    The New York State Human Rights Law was amended effective July 7, 2009 to provide protection from employment discrimination for victims of domestic violence. The Human Rights Law defines a domestic violence victim as an individual who is a victim of an act, which would constitute a family offense under N.Y. Family Court Act § 812. It is unlawful to discriminate against a domestic violence victim in employment and housing.


    Disability

    A disability is a physical, mental, or medical impairment resulting from anatomical, physiological, or neurological conditions that prevent the exercise of a normal bodily function or is demonstrable by clinical or laboratory diagnostics techniques. If a person has a record of a disability or is perceived by others to have a disability, whether or not the person does, he or she is also protected under the Human Rights Law. Under the jurisdiction of employment, a person is protected when the disability does not interfere with the ability to reasonably perform job duties. It is illegal to discriminate against people who have, are perceived to have, perceived to be at risk for HIV/AIDS.


    Military Status

    Discrimination on the basis of military status involves denying equal employment opportunity to any person because of that person’s past, current or future membership, service or obligation in a uniformed service.


    Arrest & Conviction

    It is unlawful for any person, agency, bureau, corporation or association, including the State and any political subdivision thereof, to deny employment because of an individual’s conviction record, where such denial is in violation of Article 23-a of the Correction Law. A potential employer cannot make any inquiry about an arrest record, but can inquire if a potential employee has been convicted of a crime.


    Predisposing Genetic Characteristics

    Employment discrimination on the basis of genetic predisposition or carrier status is prohibited by the Human Rights Law. The legislature added this protection to the law in 1996.


    Familial Status (in housing only)

    Discrimination in the rental, purchase, or lease of housing on the basis of familial status is prohibited. Familial status means any person who is pregnant, has a child, or is in the process of securing legal custody of any individual under the age of 18; or one or more individuals under the age of 18 living with a parent, a legal guardian, or a designee of a parent.


    Domestic Workers (in employment only)

    It is unlawful for an employer to engage in unwelcome sexual advances, requests for sexual favors, or other verbal or physical conduct of a sexual nature to a domestic worker when: (i) submission to such conduct is made either explicitly or implicitly a term or condition of an individual’s employment; (ii) submission to or rejection of such conduct by an individual is used as the basis for employment decisions affecting such individual; or (iii) such conduct has the purpose or effect of unreasonably interfering with an individual’s work performance by creating an intimidating, hostile, or offensive working environment.

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