The suns out so cheer up and be positive

In real estate as in life, additude and timing are everything. We can't pretend that our current market is easy, but we can make the best of it. Many are choosing to get rid of debt (like a giant mortgage)even if they take a loss. Others are choosing to sell their properties at market value, which we all know has declined severely since the heighth of the market in the fourth quarter of 2005. Some of the decisions are tough to make. Life goes on and so does where we want to be at that time of our lives. If an owner of property decides to try and wait it out, it might work out or not. Any one who makes predictions of when we will turn into a seller's market is only guessing. Affordabilty for buyers of homes and land in Nevada County has never been higher. This opportunity won't last forever. If it's time to move up or scale down, sellers need to be priced in the market. Otherwise, they will be helping to sell their neighbor's properties that are priced correctly. Eventually the prices will rise to reflect the actual replacement cost. But today you can buy a home for well under the replacement cost. So hurry up before you miss the boat!

First I want to thank everyone for their patience in this never-before kind of market. Although, half of our sales are not REO and bank-owned, the latter have made this a very competitive market and pricing is extremely important. If there have been showings, it means we are in a range to get offers. If there are no showings, consider making a price adjustment. Of course, it is your property and we will do what you tell us. We will do the best we can to get the property sold as quickly as possible for the highest price possible for today’s market. Perhaps with the coming election, the sentiment of the people will improve. Interest rates have never been lower. Prices haven’t been this low since 2001. We should have a lot of visitors over the holidays. So, traditionally, people think of the holidays as being slow. My personal experience is that real buyers are out in inclement weather and we are a big tourist attraction and they very often fall in love with our area and decide to look at property. Enjoy the fall colors and weather. Please call the office if you need anything and Cheryl Glace, Lynn or I will do our best to meet your needs. Again, thanks for choosing us to market your property.



Sincerely,



Cheryl Rellstab, Realtor

Keller Williams Realty

Real Estate Shopping Made Easy As Pie!

http://www.CherylR.com

Office Number: 530-274-2727

Cell Number: 530-277-0368

Fax Number: 530-274-1438

Fall is approaching. You can feel it in the air. I think the toughest part of real estate today is that buyers are seeing such low pricing on the bank owned properties or sellers doing short sales where they may be losing money but the bank is many times losing a lot more money than the sellers. Many of this properties have been neglected and dismantled. They don't always look pretty. If buyers can see through that, opportunites exist for them. On the other hand, many sellers have not wanted to bite the bullet regarding pricing their properties to sell. They still want to ask what they might have sold for a few years ago. The real estate agent must consult with the sellers to convince them that they no longer have that much equity. Many times they find out that they owe more than they can sell for today. That is a tough reality. The sooner they are convinced, they can quit making payments that are far costlier in the long run than taking the hit and moving on with their lives. If we could espect a significant rise in pricing, holding might make sense. One would most likely have to hold for more than five years to get back where we were a few years ago. In real estate, as in life, timing is everything. Nevada county is unique as it is a destiniation with lots of things to do, from outdoor activities to art, theatre and entertainment, fine dining and much more. So people do want to move here. Pricing and interest rates have never been better. Jump in while the water is warm!

Pulse on the real estate market in Nevada County

When an agent has many listings it is much easier to evaluate the market trends and activity than if that agent only has a handful of listings. Having many listings attracts many buyers. When selling real estate it is important to have a "store" with a lot of inventory. So, what is selling in Grass Valley, Nevada City and the county in general? Primarily, it is distressed properties which compose 45% of the market. Distressed properties include short sales and bank-owned properties known as REO's. Of course, when it is time in one's life to make a change, whether it is due to the children are grown and gone and the home becomes too large, or one is retiring or getting married or getting divorced, the birth of a baby or death of a spouse, they make a decision to buy or sell. So no matter what the market conditions, people move from one place to another. With interest rates on loans at an all time low and pricing to match, there has never been a better time to buy real estate. You will most likely get less for the home you sell but you will make it up on the purchase. Don't wait to get your feet wet. Jump in while the timing is right to find your new home at the right price and while incredible financing is still available.

Learning the Basics of Living Room Furniture Arrangement

The living room assumes varied functions for different people. There are some homes where the living room is used as the main gathering area for the members of the household; while in other homes, they are used purely as a show room. This means that the living room is used only during special occasions or when a company comes over. Regardless of the main function of your living room, there are some critical issues that you have to handle when arranging your living room furniture pieces.

Living Room Essentials

There are several things that you have to take into account when arranging the furniture pieces in your living room.

• Identify and assign the focal point of your living room, and you must arrange your furniture pieces around it. In some living rooms, the focal point can be an existing feature such as a window or fireplace, and in some cases, it can be something that you add while making the living room furniture arrangement. In which case, this can be a television or other new additions to your living room.
• Find ways where you can utilize the furniture to create an appropriate and functional conversation area. You have to seriously consider the comfort of your family and guests and allow them to communicate with each other without having to raise their voices unnecessarily. If you have a large living room, then you may consider setting up several conversation spots.
• Don’t forget to include in the design equation the traffic flow. You must leave sufficient space for people to freely walk around the furniture pieces so they can move from one point of the living room to another.
• Place your furniture pieces further away from the walls. This is one of the most common mistakes committed when arranging the furniture and other fixtures in the living room. You create a more intimate atmosphere if the furniture pieces are positioned close to each other. As long as your pieces have backs that are finished, it is better to position them further away from the walls.

Furniture Placement and Sizes

When it comes to your choices of furniture pieces for your living room, it is important for you to remember that size does matter.

• Chairs and Sofa – These are the big-ticket items when it comes to your living room furniture pieces. Thus, it is important that you choose the ones that match the space in your living room. Consider putting the chairs and sofa in different places, and see how this works out in terms of visual appeal and smooth traffic flow.
• Coffee Tables – These are primarily chosen in terms of their practical use as these are usually found in the center spot of the conversation area. If you are going to use one in your living room, the height of the coffee table that you choose must be slightly lower than the seat height of the chairs and the sofa. The length of the coffee table must not be more than two thirds of length of your sofa.
• Side Tables – These furniture pieces are considered as an afterthought, but they are actually as important as the other furniture pieces in your living room. The basic rule for the placement of side tables is to position them in strategic points in your living room so that you don’t have to leave and walk over the tables to set down your drink.

If you are not sure on how you will go about with the selection and placement of your furniture pieces in the living room, then you may consider using online room planner in order to create a floor plan that will really work for you. Consider different looks and assess which one will give you the best look and match your lifestyle.

Special thanks to Article Alley for providing this informative article!

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