Team Soli January Newsletter 2014

Team Soli January Newsletter 2014

Team Soli January Newsletter 2014


Goodbye 2013, a nice year in real estate and HELLO 2014.  Many Buyers and Sellers have been trapped in time, unclear how to proceed in an uncertain market and overwhelmed by contradicting news about the economy.  In order to maximize their opportunities this year, timing is everything and Winter is an awesome time to sell for many reasons (listed later in this newsletter).  Those who act quickly and LIVE IN THE NOW are usually those who WIN BIG in the end.  We love to WIN and we love to WIN BIG for our Buyers and Sellers.

The statistics are in for December 2013 and Year End Statistics for All of 2013 comparing 2012 to 2013 MLS Data Sources.  The Incline Village and Crystal Bay Real Estate Market is off to a good start with inventory at low levels, Buyers becoming more realistic about the market conditions, curbing their expectations on offers and Sellers seeing a Sellers Market returning to our local area.

2013 was another busy year for Team Soli.  We successfully assisted thirty-three (33) buyers and sellers with the closing of their properties.  View our 2013 SOLD homes here!  We appreciate your continued support of our business and referrals!  We hope you enjoy this and upcoming Newsletters throughout the year!

Hats off to you in 2014...

Bruce & Sandy Soli


Many sellers feel that the spring is the best time to place their home on the market as buyer demand increases at that time of year. However, the fall and winter have their own advantages. Here are seven reasons to sell now.

50 Single Family Home Transactions Closed in April and May of 2013
Winter can be a very prosperous time for sellers with lack of competition.  In 2013 the HIGHEST sales months were April and May with 25 closings each month in Single Family Residences alone.  Remember these properties go into escrow at least 30-45 days prior to the sale actually closing escrow.  The next best month was August.  See the closings per month for Single Family, Freestanding PUD's and Condos.

Only Serious Buyers Are Out
At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere 'lookers'. The lookers are at the mall or online doing their holiday shopping.

There Is Far Less Competition
Housing supply always shrinks dramatically at this time of year. The choices for buyers will be limited. Don't wait until the spring when all the other potential sellers in your market will put their homes up for sale.

The Process Will Be Quicker
One of the biggest challenges of the 2013 housing market has been the length of time it takes from contract to closing. Banks have been inundated with both purchase and refinancing loan requests. Both of these will slow in the winter cutting timelines and the frustration these delays cause both buyers and sellers.

There Will Never Be a Better Time to Move-Up
If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 25% from now to 2018. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with historically low interest rates right now. There is no guarantee rates will remain at these levels in years to come.

It's Time to Move On with Your Life
Look at the reason you decided to sell in the first place and decide whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Mortgage Rates Are On The Rise
It's no surprise to anyone that interest rates are on the rise, changing Buyers purchasing power.  Waiting can only hurt.

You already know the answers to the questions we just asked. You have the power to take back control of the situation by pricing your home to guarantee it sells. The time has come for you and your family to move on and start living the life you desire. That is what is truly important.


Home automation has come a long way. In the past two years, an explosion of cool, geeky gadget startups have launched some great home automation products. Reliability, security and technology have improved to allow very simple or extremely complicated interactions with your home. This new technology is red-hot.

SmartThings: $299 (I paid $179 on Kickstarter.) The kit includes:
     •    2 open/close, vibration and temperature sensors
     •    2 presence sensors
     •    1 Jasco Light & Appliance Plug-and-Control Power Outlet
     •    1 SmartThings Hub
     •    1 motion sensor
After four months of testing my SmartThings, I have one major problem: I want more SmartThings. (Hear that, Mom? Not turtlenecks.) I strongly recommend this product for homeowners. Realtors ought to think about SmartThings as an amazing closing gift. It’s not just another shiny object. The geeky, fun factor plus security and peace of mind are very valuable.

Nest Protect: $129. The Nest Thermostat was a big hit, but this is the new, unannoying carbon dioxide and smoke alarm. Burned bacon sets off the alarm, and normally it’s barking dogs, crying kids and chaos. Just wave at your Nest to tell it all is OK. Peace restored. Nest Protect will even text you when the batteries are low, rather than chirping at 2 a.m. But if you are up looking for strange sounds in the house at 2 a.m., it has a motion detector that can turn on its integrated night light. 

DoorBot: $199 (preorder only). This is a 6-inch-tall, weather-resistant night-vision camera with Wi-Fi and doorbell button that lets you see and talk to visitors at your door on your phone whether you are home or not. When a visitor rings the bell, DoorBot will simultaneously ring all your connected devices with video and sound.