Market Conditions in Acworth>Question Details

Fkibrom4, Home Buyer in Dekalb, IL

what is the value at this time i want sell my house?

Asked by Fkibrom4, Dekalb, IL Wed Apr 25, 2012

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Invite a few local agents from different realty companies and ask for a cma, comparative market analysis; review the data, ask opinions and go from there; cma's are provided free of charge by most agents, or consider hiring a professional appraiser.
1 vote Thank Flag Link Thu Apr 26, 2012
I would suggest you contact a local agent and request they do a Competitive Market Analysis for you.
The trick is finding a great agent. Below I've posted a link to one of the more popular blogs I've posted here on Trulia on how to do this, hopefully you'll find it of some help.

As an aside, the Case-Schiller index is in my opinion garbage. It is given way more credence than it deserves particularly among those who cratered the economy. Just saying.
1 vote Thank Flag Link Thu Apr 26, 2012

The answers provided have been "on the mark." Trulia proves to be a valuable resource for people requiring real estate information.

We would like to add that sellers often overlook the importance of getting all the facts before listing their property.....assuming "one size fits all" and everyone approaches selling RE the same way. One of the most frequent criticisms is that sellers assumed that their agent would do this or that.....

Sellers should protect their interest by having a clear understanding of the total services that will be provided while marketing the home. This is simple enough accomplished by requesting a written account of the agent's comprehensive marketing plan for selling your specific property. Anyone worth their "salt" will be able to address this request and you will be able to use it as a "blueprint" to trace the progress of your sale.

If an agent can't verbally express their plan beyond saying, it'll be on the MLS, we'll put a sign in your yard and advertise occasionally in a magazine, it may be best to keep searching for someone that knows what they are doing.....

Good luck with your search,

0 votes Thank Flag Link Sun May 6, 2012
Contact a good agent and have them do a CMA for you. Do this at least 3 times and compare and analyze the results they each give you. After you do that set up an interview with each agent and see which one is the best fit for your particular needs. Then listen to their advice and go sell your home. Good Luck!
0 votes Thank Flag Link Sun May 6, 2012
So how is the home sale coming along?
Flag Thu Sep 13, 2012
Ask several agents to preform a CMA which will give you a free market value for your home. This will also give you an opportunity to interview agents for listing your home. Good luck!!
0 votes Thank Flag Link Wed May 2, 2012
We just posted the latest Case-Shiller report to our blog. It'll give an idea of what your home value is based on the year you bought it. See link below.

This is just a ball park guestimate though as real estate is local. The only way to really know the value is to have a comparitive market analysis done. We'd be happy to do one for you but will need some information first. Call us at 770-231-3918 if you're interested.

Jay & Kathryn Schneider
0 votes Thank Flag Link Thu Apr 26, 2012
There has been a flurry of media stories regarding the latest housing data that suggest the recent momentum in the housing market has stalled and the industry is heading toward another downturn.

Although the latest monthly housing data showed modest declines, the less volatile quarterly data have continued to show modest improvement. Consequently, there is plenty of evidence for retaining a cautious optimism for a gradual recovery. While the February new-home sales rate dipped a nominal 1.6 percent, sales are still running 11.4 percent above their year-ago level and at the rate expected for the slow recovery. Meanwhile, the inventory for new-homes for sale remains at an all-time record low.

While combined U.S. housing starts lost some ground in March, this was almost entirely due to typical month-to-month volatility on the multifamily side. The fact is that single-family and multifamily starts and permits were all stronger in the first quarter of 2012 than they were in the fourth quarter of 2011, indicating that the market continues to slowly strengthen, albeit in fits and starts.

We are also seeing the long-term improvement in housing conditions continuing to take hold in a growing number of local markets. The April NAHB/First American Improving Markets indicates that 101 individual metros are showing measurable and consistent signs they are heading in the right direction.

Total job growth continues upward, providing added consumer confidence and pushing personal income up.

No one is anticipating that an upward path for housing will run in a straight-line trajectory. The economy is in an uneven recovery and we can expect some corresponding ups-and-downs in the housing market in the months ahead.

However, the National Association of Home Builders (NAHB) believes that on the whole, we can expect a slow and gradual recovery in housing starts, home sales and the overall housing market in 2012.
0 votes Thank Flag Link Wed Apr 25, 2012
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