Wayne is back for the Lake 94.7 Real Estate Insight on the North Shore with Wayne Turner.  

Wayne speaks about the weather.  As the weather changes, we see people go and become more active.  He relays that you see it in the spring when it goes from cold to warm, but we also see it when in the fall.  After the hot, and humid summer starts to turn into cooler days, and nicer weather, again people become more active.

This correlates with real estate.  We just see buyers become more and more active as well as becoming more serious when viewing properties. It sounds crazy, but Wayne explains that after twenty years in real estate business, its consistently seen year after year. 

Are you ready to shop for properties on the North Shore? Click here.

Are you interested in capitalizing on the weather and putting your home on the market today? Click here.

Charles Dowdy, has Wayne Turner on the Lake 94.7 again for his 20 year experience in Real Estate.  Wayne is the broker and owner of Turner Real Estate Group and is a Top Agent on the North Shore in St Tammany and Tangipahoa Parishes.  

 Wayne announces that the topic of the day, Facebook.  Right now there is about 250,000 people in the area.  Wayne continues on to relaying that everytime he lists a home, he is advertising on Facebook.   You might be thinking, "Facebook, Really?"

Here is the reasoning to why he embraces Facebook as one of many promotional activities on a property; It allows him to move up renters into buying a home.  It puts properties directly in front of people, in the area while they are searching on a mobile or other devices.

Wayne Turner, the broker and owner of Turner Real Estate group, is back speaking to Charles Dowdy, the host of the Lake 94.7. 

Charles introduces Wayne as a top Realtor on the North Shore selling houses all over, and goes on to lead Wayne into today's topic, "How Real Estate can Help Pay For Your Kids College" 

Wayne says that Real Estate is a great way to build an investment or nest egg for your child's college. For an investment, you can buy a home for about 10% with rates below 5%.  

Most of the time, rent is about 1% of the square footage. So if you have a 1200 sq ft house. 

 If you purchase a home that costs $175,000 your mortgage payment will be less than $1,000 dollars but you can charge $1,450 a month in rent. So you have a $500 positive cash flow property.

In addition, Wayne goes on to say when your kid is ready to go to college, you can sell the home, and do a 1031 tax-deferred exchange, and purchase a property in the area where they are going to school in and they can have housing where they actually go to school.  

Are you considering buying an investment? Click here and see potential investments under $175,000 on the North Shore.

Wayne Turner, the broker and owner of Turner Real Estate group, is back speaking to Charles Dowdy, the host of the Lake 94.7. 

Charles introduces Wayne as a top Realtor on the North Shore selling houses all over, and goes on to lead Wayne into today's topic, "How Real Estate can Help Pay For Your Kids College" 

Wayne says that Real Estate is a great way to build an investment or nest egg for your child's college. For an investment, you can buy a home for about 10% with rates below 5%.  

Most of the time, rent is about 1% of the square footage. So if you have a 1200 sq ft house. 

 If you purchase a home that costs $175,000 your mortgage payment will be less than $1,000 dollars but you can charge $1,450 a month in rent. So you have a $500 positive cash flow property.

In addition, Wayne goes on to say when your kid is ready to go to college, you can sell the home, and do a 1031 tax-deferred exchange, and purchase a property in the area where they are going to school in and they can have housing where they actually go to school.  

Are you considering buying an investment? Click here and see potential investments under $175,000 on the North Shore.

Wayne is back on the Lake 94.7. 

 

On today's show, Charles Dowdy, the host asks Wayne, "schools over, and kids are back in school, is it a good time to sell a house?"

Wayne expands and says a lot of people ask that very question, and often times sellers think it is a bad time because school has started.  Wayne goes on to relay that this is a myth.  There are still people buying houses in the fall or school months.  

For example, first-time home buyers don't care about school being in, and they make up 40% of the market.  Then those owners of the house, also need to buy and it creates a domino effect. 

In that domino effect, each person on average is buying a more expensive home, about $70-80,000 more than the one they are selling.  

Wayne even finds that those buyers that are looking outside of summer months, tend to be more qualified buyers and are more apt to buy quickly.

Want to find out more information on selling your home? Visit SellWithWayne.com 

Wayne is back on the Lake 94.7. 

 

On today's show, Charles Dowdy, the host asks Wayne, "schools over, and kids are back in school, is it a good time to sell a house?"

Wayne expands and says a lot of people ask that very question, and often times sellers think it is a bad time because school has started.  Wayne goes on to relay that this is a myth.  There are still people buying houses in the fall or school months.  

For example, first-time home buyers don't care about school being in, and they make up 40% of the market.  Then those owners of the house, also need to buy and it creates a domino effect. 

In that domino effect, each person on average is buying a more expensive home, about $70-80,000 more than the one they are selling.  

Wayne even finds that those buyers that are looking outside of summer months, tend to be more qualified buyers and are more apt to buy quickly.

Want to find out more information on selling your home? Visit SellWithWayne.com

The Lake 94.7 has Wayne on air again for yet another interview, this time inquiring on, "what does it cost to sell my home." 

It's a great question and one asked time and again.   Wayne relays that it will cost you nothing up front, and that's the way it should be.  Some agents charge photography fees, or other fees up front, where if Wayne does not sell your home, you pay NOTHING. 

Wayne continues on to that when a home goes on the market there the brokerage fee, that is negotiated between you and your real estate agent.  Wayne invites anyone living in St. Tammany or Tangipahoa Parishes or the South Shore to call today, and he will discuss figures, yet again for free.  985-626-1313.

Besides the broker's commission, there are attorney fees.  Again these are only paid if the home actually sells.

Wayne also continues to reiterate that if "you hire him, you fire him".  You can leave any listing agreement with no cost, no obligations.

Wayne specialized in the Mandeville, Covington, Madisonville, Slidell, Abita Springs, Folsom, Hammond, Lacombe, and Ponchatoula areas.  Visit www.WayneTurner.com for more information.

Wayne is interviewed by the Lake 94.7, and Wayne is asked about writing the book on real estate.  Wayne reveals that not only does he have a hard cover book he gives for free, but he also publishes a free quarterly free e-book.   

With three books, including, New Orleans, LA For Sale By Owner Guide, The Secret of Wealthy Home Sellers, and The Formula to Sell Any Home Even Hard to Sell Homes.  Wayne is able to breakdown his twenty years of experience and create a books in layman's terms to help his clients throughout their home selling process.  Click here to get a free book today! 

Wayne also creates a quarterly E-Book to provide the most up to date information on the market each season on the North Shore.  These areas he creates reports are include, but are not limited to : Mandeville, Madisonville, Covington, Slidell, Abita Springs, Lacombe, Folsom, Hammond, Robert and more.  Click here to get the latest E-Book today.

Wayne's goal is to aid his clients in the home selling process, and allow each client to net the most amount of money in the shortest amount of time.  

Wayne is interviewed by the Lake 94.7, and Wayne is asked about writing the book on real estate.  Wayne reveals that not only does he have a hard cover book he gives for free, but he also publishes a free quarterly free e-book.   

With three books, including, New Orleans, LA For Sale By Owner Guide, The Secret of Wealthy Home Sellers, and The Formula to Sell Any Home Even Hard to Sell Homes.  Wayne is able to breakdown his twenty years of experience and create a books in layman's terms to help his clients throughout their home selling process.  Click here to get a free book today! 

Wayne also creates a quarterly E-Book to provide the most up to date information on the market each season on the North Shore.  These areas he creates reports are include, but are not limited to : Mandeville, Madisonville, Covington, Slidell, Abita Springs, Lacombe, Folsom, Hammond, Robert and more.  Click here to get the latest E-Book today.

Wayne's goal is to aid his clients in the home selling process, and allow each client to net the most amount of money in the shortest amount of time.

Transcript: Hey, Wayne Turner here. I hope

you're having a wonderful day. It's, the weather's out, it's hot, but it's

really nice out. So having a lot of rain, we all know that. But just want to

give you a quick update on the real estate market here on the North Shore.

 

Um, St. Tammany specific is what

I'm talking about right now. The average time that a house is selling is 13

days faster than it was last year. Last year it was 76 days, year-to-date,

this time last year. Now it's 63 days. So if you put a home on the market,

the average time that it's going to take to sell it right now in St. Tammany

Parish is 63 days. Now the average sales price right now is 241,300. Last

year at this same time it was 237,200. So, a few thousand dollars increase,

which is good. That equates to 2 percent. So if somebody

says, "Wayne, how is the real estate market, is it up?", it is up. It's

up 2 percent. So if you own a 200,000 dollar home, your home  value is up 2 percent, you're

looking at 4000 dollars.

 

As far as the number of

homes that have closed this year as opposed to last year, there's been 216

more homes closed this year as opposed to this same time last year,

year-to-date, so that's around 5 percent. So there's the home sale rate is up

5 percent, the home values are up 2 percent. And to kind of give you an idea,

inventory is down about 3 1/2 percent. So it kind of gives you an idea. More

people buying houses. There's a, there's a little lack of inventory. We're

shifting towards a sellers' market. So just to kind of give you an idea if,

if you're looking to sell, or you just want an idea of what your home is

worth, you can go to nolahomevalues.com. Once again, that's nolahomevalues.com. It's a free service that I provide, some really cool new

technology where you can just simply put in your property address and your

information and it will literally within about 60 seconds it's going to give

you everything that's in your community, what's sold, what's active for sale,

what's been on the market that didn't sell, which is a new feature. So you

can actually see what they were trying to sell a home for and then didn't

sell, so those what they call expired listings.

 

So anyway, hope this helps you.

Hope you're having a wonderful day. Call us if you will need us. Once again,

nolahomevalues.com. I'm Wayne Turner. You can reach us at 985-626-1313, and

you can always find us on Facebook at Turner Real Estate. Hope you're having

a good day. We'll see you. Enjoy your weekend.