There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly, or maybe it isn’t getting the exposure that it deserves.
After all 14,986 houses sold yesterday, 14,986 will sell today and 14,986 will sell tomorrow.
That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NAR reported that sales are at an annual rate of 5.59 million. Divide that number by 365 (days in a year) and we can see that, on average, over 14,986 homes sell every day.
The report from NAR also revealed that there is currently only a 4.0-month supply of inventory available for sale, (6-months inventory is considered ‘historically normal’).
This means that there are not enough homes available for sale to satisfy the buyers who are out in the market now in record numbers. Your home SHOULD be selling.
I realize that you want to get the fair market value for your home. You need to consider the fact that you may need to list it with a Realtor if you haven’t. Otherwise, however, if it hasn’t sold in today’s active real estate market, perhaps you should reconsider your current asking price.
So, what’s going on in your housing market Lake Tahoe? Scroll down and you’ll find a quick infographic I whipped up on some statistics of the Tahoe area. I pulled all of the data from my local MLS (Multiple Listing Service) the South Tahoe Association of Realtors. Nearly any questions you or I have about Lake Tahoe real estate can be answered by the data they aggregate.
As you may or may not know I am a member of a local organization called TRYP. Not only am I a member but I am also on the marketing committee, and just recently took on the role of being in charge of their blog! So now I will have some accountability with blogging and the plan is to be getting some more writing done on here as well.
I wrote a piece for them about staying motivated during the holiday season and I think it works for my main blog too. If you want to see it on TRYP’s site you can find it here: TRYP Staying Motivated During the Holidays. Otherwise it is below:
Staying Motivated During the Holidays
Wow. December has been busy! There have been Christmas parties galore, cookie making, shopping, threats from the “Storm of the Decade”, cookie eating, decorating, and more cookie eating. None of this has anything to do with work, but for me this is somehow an incredibly productive time of year, even though my work and my career aren’t my main focus.
I wish I was eating one right now…
Holidays are the time of year we like to spend with family, or to simply not be at work anymore. Many of us are burnt out. I understand, and feel very much the same way. There are some ways I have found to remain successful though:
Take some time off, get away, and get yourself into a place where you are relaxed and able to make sound decisions. Often our family and business life can suffer when we are stressed and making hasty choices. I am lucky enough to be able to work from home often. If it is at all possible I highly recommend it, especially at this time of year.
Once you have relaxed and shed the daily stress, it is time to evaluate. Look at your workload (without stressing!) and prioritize it. What has to be done by when? Once you’ve finished doing that for your job, do one for your personal life as well.
Now that you have a prioritized list you can address them in the correct order and stay focused on them until they are done. Make a schedule that is realistic and leaves you plenty of time to spend with family or doing what you WANT to do at this time of year. Try not to multitask. Multitasking kills your creativity, causes stress, and in the long run actually lowers your productivity. Get your work done, get some personal goals met, and stick to that schedule.
Here’s something you may not know: I love cookies. Chances are your coworkers do too. Sharing food with workmates is a great way to take a break, relieve holiday anxiety, and create trust. Recent studies have suggested that 57% of employees said that food-based perks make them feel more valued and appreciated. 50% said that food-perks would make them feel more satisfied with their employers. Never underestimate the power of a cookie again.
I wish I was also eating these right now…
Before you know it you’ll have crossed off most of your list. You’ll be a bit more relaxed and you’ll have potentially cultivated better work relationships. Now when it is time to actually get back to the grind after the holidays you will already be set up for success. In fact, now would probably be a good idea to start thinking about those New Year’s Resolutions…
Apparently there are fewer homeowners in the US today than there were last year. Thanks Obama. (That’s a joke by the way.) It is at a new 20-year low, and the article can be found here: .
Sorry, only Baby Boomers and Generation Y own these homes now.
So Generation X is having some home ownership issues. From some other sources I was reading the employment factor is actually pretty huge. There are more Baby Boomers still working than ever projected previously, and when you have highly skilled and experienced labor in the workforce, it makes it much harder for Generation X to break into those positions.
Not much we can do about it at this point, but hopefully we can start creating more jobs so it is less of an issue for Generation Y.
Hello there! My name is Travis Rougier (roo-zhay). I'm a father of three girls, a Lake Tahoe Realtor, modern day Renaissance man, tech guru, wannabe foodie, entrepreneur, and a heliophile. All around, a pretty great guy. Find out more...