Buying Archives - Pehr Black - The Local Choice

Buying Real Estate?

June 14, 2016 By Faith

This time of year is perfect for buying real estate.

In Coeur d’Alene, now is when all our renters start shifting into new “better” apartments. You will see it all across town. The U-haul locations are empty, and more then a few old couches have hit the dumpster. At the Pehr Black Super Team it has us wondering why more people don’t buy houses.

In most cases, you can get a house for less then you pay for rent! No gimmicks, cheap tricks, or bait-and-switch. How is that possible? We will explain:

Government Programs. The government offers several backed programs for first time home buyers, and people with smaller incomes. Depending on your tax status, number of kids, and income, you can easily qualify for one of these special loan programs! First time home buyers have an especially good chance of getting approved! Government loans typically have a lower interest rate, and often require a minimal down payment. After prequalifying you can even have sub-par credit and still qualify for a loan! Interested? Email us for more info!
Holding out house keys on a house shaped keychain

Real Estate market trends. Right now, our local Coeur d’Alene real estate market is exploding. While that increases home prices in most areas, it also decreases the prices on some great houses. This cycle, many homeowners are upgrading to larger, more expensive houses, leaving their great starter homes on the market. Now is the perfect time to get into your first home for an incredible deal! These homes sit around 189-219k and are a great opportunity for a long-time renter!
Loan Opportunities. When a real estate market is hot, investors (the people who originate home loans) start scrambling to find new buyers. What that means for you is lower interest rates, and less stringent standards. We talk with lots of people who are nervous about a low credit score. In today’s market, you will be shocked by what lenders are accepting for potential buyers! The market is out there for you!

These are just a few of the reasons to consider buying real estate. Long term renters tend to let the home ownership dream fall by the wayside. The Pehr Black Super Team is here to give you hope! If you have considered buying real estate in the past, give us a call before you sign the dotted line for another year. You may just be shocked what options are available to you! Give us a chance to make your dreams come true. Its what we do best here!

~The Pehr Black Super Team

Super Hot Selling Tips: Market Awareness

April 29, 2016 By Pehr Black

This week’s super hot selling tips cover market awareness!

One of the factors my team and I pay close attention to is market awareness. Knowing upwards and downwards trends in the real estate market allows us to ensure our buyers and sellers get the best deals! When the market downtrends, it becomes more competitive for buyers and our home inventory typically declines. When the downtrend bottoms out, our inventory restrictions allow sellers to make more money and improve our housing stock. Like Wall Street, the housing market has natural up and down trends that we use to our advantage!

Another aspect of market awareness is differentiation. It’s what the Pehr Black Super Team does to distinguish ourselves from the competition! After painstakingly identifying market up and down trends, we use amplify our marketing strategy for both sides of the trend. This connects us with more motivated buyers and sellers connected to our researched trends. Market awareness does get overly complicated, and is hard to track. It comes down to the choice of individual Realtor. Most Realtors, don’t take the time to research our current market. When your home gets priced, you typically don’t have an explanation on market trends. Finding a Realtor who values market research is one of the secrets to getting more money for your home, or paying less for a new home!

The Pehr Black Super Team invests tons of time, money, and experience in identifying the best ways and times to list your home, or buy your new home. When looking for a Realtor ask questions! We are not all created equal, and you need to make sure you get your money’s worth! If you have any questions, and would like to work with “the hardest working man in real estate” feel free to contact me or my staff. We look forward to helping you on your real estate adventure!

Pehr Black Out!

The Hottest Year in Decades!

April 11, 2016 By Pehr Black

This is already the hottest real estate year in decades! Houses are literally flying off local inventory shelves! If you have been considering selling your home, now is the time! The Pehr Black super team specializes in keeping our ear to the ground, and we have never had the buyer volume we are currently experiencing!

This year, we have started rolling out several new technology products. This is due in part from additional buyer pressure for updated tools, and more exposure for our sellers listings. At the Pehr Black Super Team we strive to stay ahead of the curve in all aspects of real estate, and here’s a few of our most efficient tools:

Over the years we have received tons of buyer feedback about real estate listings. Unilaterally, everyone has asked for a great tool while searching the MLS. Using this feedback we created CDATopagent.com! This website is designed to receive up the the minute MLS listing data, recent solds, and home valuation tools. We believe it is the best search site for the region, and often recommend it to our buyers/sellers.

I have also been working with Get Vyral Marketing, one of the top real estate groups in the world, to produce a video blog series. You can find these videos here on my website, as well any major social media platforms (just search for Pehr Black)!

Currently, our team is working on a series of websites specifically for sellers. This will include instant contact with our team, tips and tricks, and latest Coeur d’Alene seller’s info!

All these changes are designed to bolster the Pehr Black Super Team as your local leader for Coeur d’Alene real estate!
Whichever agent or office you choose to work with should keep up with the “fiery market!” If you want to sell your home quickly, work with the best team available!

I can’t wait to show you what’s coming!

Pehr Black out!