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Is Spring the Best Time to List Your Home?

March 24, 2014 by Jou Jou Chawla Leave a Comment

pretty flowersSpring is here– flowers are blooming, trees are flourishing and the cheerful songs of singing birds adds joy to the sunny days. But what excites me more than the beautiful weather, is the current market condition. Never has it been a better time to list your home!

So, why is it a seller’s market?  For starters, inventory is low in the San Franciso Bay Area and homes that are listed often encounter multiple offer situations. This gives seller’s MORE options to choose from–meaning they are more likely to end up with the perfect deal! These multiple offer situations also give sellers the upper hand– and who doesn’t want that when doing a business transaction?

A few notes to Buyers:

Despite the fact that it is a seller’s market, mortgage interest rates are still at historic lows and are sure to go up with time. My advice, the sooner a buyer can find a home– the better chance they have of securing a mortgage payment that is low and manageable. If a buyer waits too long- the rates are likely to increase, resulting in a higher mortgage. So now is the best time for potential buyers to  start exploring the market.

I would also suggest getting pre-approved for a mortgage, which will allow buyers to act faster once they do find their dream home. Buyers should place offers quickly since the current market is competitive.

Whether buying or selling, finding a good agent is key to getting what you want out of the housing market, especially in luxury markets like Blackhawk, Danville or San Ramon. An agent with long experience in a variety of market conditions will give both buyers and sellers an edge in the negotiation process.  Offering tips on how to act and the things to do,  the agent will know what offer wins the deal, and how to property price a home so it can sell efficiently at top dollar.
If you are interested in learning more about today’s real estate market, or to see current homes for sale contact:

Jou Jou Chawla

(510) 406-4836
joujouc@aol.com

http://www.joujouchawla.com

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Jou Jou Chawla
Jou Jou Chawla
Member of NAR, CAR & CCAR
Residential real estate specialist since 1982.
Bay Area Resident from December 1985.
B.A. in Economics from Delhi University, New Delhi, India.

Joujou was born in New Delhi and was educated at Tara Hall, a Catholic boarding school in Simla, the summer capital of India. After completing her undergraduate degree in Economics from New Delhi University, she was then introduced to her future husband to be, Piri Chawla, in the traditional "match-making" custom and became engaged to him within 14 hours.

In 1980, she joined her husband in the United States and after living in New York and Texas for a few years, they moved to California in 1985 and settled in Blackhawk. She started selling real estate in Dallas, Texas in 1982, and started working for Blackhawk Properties/Blackhawk Realty in 1985 where her dedication and hard work set the tone for what would set her apart from all other agents. She practiced real estate with Blackhawk Properties/Blackhawk Realty from 1985 to 1991. In 1991 she obtained her brokerage license and became a co-owner of the company which was then renamed Blackhawk Real Estate Company. As a co-owner, her company began to do sales volume which is typically done by companies 10 times their size in the Bay Area of San Francisco. In this capacity, she also functioned as the CFO of the organization for nearly 10 years. In 2008, her company merged with J. Rockcliff to become one of the most powerful companies in the Bay Area’s real estate market. With the two combined companies, the market share they control is unmatched.

Joujou has been honored with numerous awards year after year which include:

From J. Rockcliff:

2011-2012 - Awarded "Top Agent Honors" as # 4 in the company out of 700
2011-2012 - the "Top Producers” which is awarded to the top 1% agents
2008-2011 - the “Top Producers” which is awarded to the top 3% agents
2008-2011 - the “President’s Club” which is awarded to the top 5%
From Blackhawk Properties:
1986-2008 - “$10 million plus in sales”
1986-2008 - “Century Elite Club” which is given to the top 5% agents
Joujou’s knowledge of the real estate market is extensive. Having been in this field since 1982, she is now known as a leader in the industry having done more than a quarter of a billion dollars in sales since inception. Her practice covers Piedmont, Orinda, Lafayette, Moraga, Walnut Creek, Alamo, Danville, Blackhawk, San Ramon, Dublin, Pleasanton and Livermore areas. Also, Joujou’s marketing is unmatched. Every month Joujou covers numerous pages of Home Folio and Homes & Land magazines with her advertisements of properties that she has just listed, sold, or are expected to be coming soon. She covers the internet with her listings and helpful advice so that the public will easily be able to access the information they might need. Publicly she is known as the “Go To” person for listing properties and getting the desired results. The results are mostly delivered because of her enthusiasm and professionalism. Her eye for detail ensures that none of her properties will be overlooked. Further, whether it is a two bedroom condo or a spectacular mansion, no client is treated differently because to her everyone is just as important.

She loves traveling and feels very fortunate to have visited and enjoyed the people and customs of many countries. Most of all, the Chawla’s love their 21 year old son, Vik, the joy of their lives.
Jou Jou Chawla
Latest posts by Jou Jou Chawla (see all)
  • New Listing| 318 Montoya Way, Danville CA - April 21, 2016
  • New Listing| 40 Trish Ct, Danville CA - April 21, 2016
  • Open House| 3683 Deer Trail Drive, Blackhawk CA - January 5, 2016

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Filed Under: Featured Articles Tagged With: buyer tips, home listing, homes for sell, Realtor, seller tips

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