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3 Charts That Shout, ‘List Your Home Today!’

by Fontaine Family

Why Should You List Your Home TODAY?


In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.

SUPPLY

The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply necessary for a normal market.

DEMAND

Every month NAR reports on the number of buyers out in the market looking for homes, which is also known as buyer traffic. As seen on the map below, buyer demand in March was strong or very strong in 45 out of 50 states nationwide, and Washington, DC.

Many buyers are being confronted with a very competitive market in which they must compete with other buyers for their dream homes (if they are even able to find a home they wish to purchase).

Listing your house for sale now will allow you to capitalize on the shortage of homes for sale in the market, which will translate into a better pricing situation.

HOME EQUITY

Many homeowners underestimate the amount of equity they currently have in their homes. According to a recent Fannie Mae study, 37% of homeowners believe that they have more than 20% equity in their homes. In reality, CoreLogic’s latest Equity Report tells us that 78.9% actually do!

3 Charts That Shout, ‘List Your Home Today!’ | Simplifying The Market

Many homeowners who are undervaluing the equity they have in their homes may feel trapped, which may be contributing to the lack of inventory in the market.

Bottom Line

If you are debating selling your home this year, let's meet up to evaluate the equity you have in your home, as well as the opportunities available in your market.

Sell Your Home Faster!

by Fontaine Family

Sell For Top Dollar Faster

What is the goal of almost every homeowner selling their home?
To get the most money possible in the shortest time possible!  Let's face it, when you decide to move, you want it over yesterday!

Did you know that Fontaine Team listings spend less average time on the market than homes sold by other companies? 
A Fontaine listing spends an average of only 64 days on the market! 

Are you ready to get your home sold FAST?

Call or e-mail us today to get started!

Auburn - (207)784-3800
Scarborough - (207)289-3830
brenda@fontaineteam.com

5 Tips for Spring Home Buying

by Fontaine Family

5 Tips for Buying a Home in the Spring Market

Spring in the Real Estate Market is typically the busiest time of year.  There are more buyers out there looking and properties are selling fast!  The market is more competitive in the spring than in other times of the year.  That is why it is so important to be prepared when you plan to buy a home in the spring market. 


Here are a few tips to help you buy your new home this spring:

Get Preapproved By A Local Lender 
Shop around and find out who can offer the best program for your situation and then get a pre-approval.  Having that in hand will make your offer more attractive to sellers.  Most banks will not even consider an offer on a short sale or a foreclosure property without a pre-approval or a proof of funds letter.

Hire A Buyer Agent 
Choose an agent who knows the area and who you are comfortable with and then sign an agreement to have the represent you.  If you are just calling around to the listing agent, there is nobody looking out for you during one of the biggest purchases you will ever make.  In most cases the fee for the buyer agent is paid by the seller anyway so why wouldn't you have someone working for your best interests? 

Accept That There Is No Perfect House 
Decide what your most important "must-haves" are and what you are willing to compromise on.  No house is perfect...they might need some work, might not have a room as big as wanted, might have less land, or might not be in the perfect location.  What is most important to you?

Prepare To Move Quickly 
When you fall in love with a house, be prepared to make an offer quickly.  In the spring market, properties can sell quickly so if you don't make an offer quickly...someone might beat you to it.

Don't Be Opposed To Negotiating 
This time of year it is common to have multiple offers on the same property.  If you get stuck on getting the house for less that it is listed for, instead of what it is worth, you could miss out on a great house.  Negotiating on closing date can also be attractive to a seller. 

Buying a home is a big decision.  Being prepared and having the right agent to advise you along the way will make the process much easier and give you a better chance at finding your dream home!  Are you ready to start your search? 

Call us today to meet with one of our experienced buyer's agents.

- See more at: http://www.brendafontaine.com/Newsletter#sthash.6cpqD2tr.dpuf

Awards Earned

by Fontaine Family

Fontaine Agents Earn Awards

Fontaine Family – The Real Estate Leader held their Awards Banquet at The Muddy Rudder in Yarmouth on March 2nd, 2016 for the team’s sales production of both their Auburn and Scarborough locations.



Clayton Larochelle earned the Sales Leader Award for 80 closed units.

Bill Bergeron earned the Peak Producer Award for 60 closed units. 

Outstanding Achiever Awards were earned by Pat Long-Cressey for 41 closed units, Cindy Moring for 40 closed units, Kelly Webb for 34 closed units, Kathy Lee Cook for 33 closed units, Dawn Marston for 28 closed units, and Charmaine Raby for 25 closed units. 

Maria Morrissette received the Rookie of the Year Award for 23 closed units in her first full year in the business. 

Mathew Zimmerman earned a gold medal for the highest average sale price. 

Other Top Producer Award winners were Harriet Cummings, Maryanne Bear, Megan Fortin, Diane Brule, and Barbara McGuire.

The Fontaine Family Team serves 7 counties – Androscoggin, Cumberland, York, Sagadahoc, Oxford, Kennebec, and Franklin in two locations – 336 Center Street in Auburn and 432 US Route One in Scarborough.  The Scarborough location (opened in 2015) has recently had a growth spurt adding five more agents in the first quarter of 2017.

The Team helped 551 families buy and sell their properties in 2016.  Fontaine is ranked as America’s Top 1000 Real Estate Professional Teams for closed units by Real Trends and published in the Wall Street Journal. 

Are you ready to put one of our talented agents to work for you?   Visit brendafontaine.com or call (207)289-3830 or (207)784-3800.

Home Maintenance for Spring

by Fontaine Family

There snow is melting...
and spring has arrived in Maine! 

It's time for spring cleaning and spring maintenance on your home.  Your home is one of the biggest purchase you will ever make, so it's a good idea to take care of it with a little preventative maintenance. 

Check out our Homeowner's Spring Maintenance Checklist and get your home spring ready! 

Are your thinking of selling your home this spring? 
Give us a call to find out how the market is in your area!

Auburn (207)784-3800
Scarborough (207)289-3830

Displaying blog entries 1-5 of 5

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Fontaine Family - The Real Estate Leader
336 Center St. Auburn, ME 04210
432 US Route 1 Scarborough ME 04074
(207)784-3800 Auburn
(207)289-3830 Scarborough
Fax: (207)786-2957

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