1. Historically Low Interest Rates
It's not just the price of the home that will affect affordability; mortgage terms will also play a large part in your monthly payments. Today, mortgage rates are historically low at around 4-5%.
2. Affordability
Affordability is now better than ever! With all the motivated sellers, foreclosures, and short sales in this market, home prices are continuing to drop. In fact, according to the National Association of Realtors' housing affordability index, homes were more affordable in
December 2008 than at any other point since the group started the index in 1970.
3. Large Inventory
In this market it can take months for a homeowner to sell, creating loads of inventory — from new homes to existing homes to foreclosures. A large selection gives buyers more choices and drives down prices. It's fair to say that home sellers have become increasingly motivated and buyers can take advantage. For more information on any of the above, please contact us at (360)312-5151 or by filling out the form below. 
Cosmetic Improvements >Sunshine Sells
When your home is being shown, you want prospective buyers to feel good as soon as they step into the living room. It pays to give special attention to maximizing the amount of light in your home because dark homes are depressing to many people. When prospective buyers give real estate agents feedback on the homes that we show, they often cite a light, airy feeling as a major attraction.
Begin your preparation for showing your home by cleaning the windows and curtains thoroughly. Open the drapes and blinds to let the sunshine in. Even on a bright day it helps to turn on some lights in the main rooms of the house. If you are using shades or heavy drapes to eliminate a less-than-perfect view, you may want to consider replacing them with translucent curtains in a light color. Sunshine definitely helps to sell homes!
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| Q |
What city boasts eight of the world's ten biggest hotels?
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| A |
Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas. |
 See More Real Estate Trivia > |
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Chris Weitzel & Associates
RE/MAX Whatcom County
1937 Lake Whatcom Blvd
Bellingham, WA 98229
Direct: (360) 312-5151
Toll Free: (888) 733-7518
Email: chrisweitzelandassoc@NUMBER1EXPERT.com
Chris Weitzel & Associates is the #1 Real Estate "Team" in Whatcom County and we have over a combined 65 years of experience. With a top listing agent, two buyer's agents, a marketing specialist and a transaction coordinator - we have all the professionals and tools to handle any real estate transaction.
We hope that you will choose Weitzel & Associates to represent you during your next real estate move in Whatcom County.   
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