Our blog on all things housing, local events, and fun happenings!

Oct. 1, 2016

Clovis & Portales Real Estate Market | September 2016

Clovis & Portales Housing Market | September Info Graphic

 

Here is your Monthly Housing Market Report from the Month of September. 

 

Quick notes from this month:

 

There is a slight increase in the amount of houses for sale going into this month and the amount of days on the market. There were fewer homes sold last month than the previous month by a factor of ten. But the biggest changes are positive. The average price of home being sold now and the price per Square Footage of gone up significantly. $10,000 price increase and an extra $10 a square foot. Those are HUGE jumps when talking about housing. 

 

For more information or to get any of your questions answered check out our Real Estate Page and get in contact with one of our fantastic Realtors. 

Aug. 2, 2016

How Do I Have to Pay My Realtor

 

In this week's video, Mark explains how much you'll be expect to pay a Realtor as a buyer.

The short answer is...nothing. 

As a buyer, you are not (in most cases) expected to pay a Realtor up front or in any other fashion.

The seller of the home has previously agreed upon a commission (usually a percentage of the sale) to be paid out to the Listing Broker. In return for bring a buyer, the Listing Broker has agreed to pay out half to the buying broker. 

There may be some extenuating circumstances that lead to a Buyer paying their Realtor, but in the vast majority of cases, this is about it. Nothing is a pretty reasonable price to pay for everything a Realtor does for you. 

And if you are interested in some information for first time buyers you can click here.

If you have any comments or questions please comment below. 

Aug. 1, 2016

Clovis & Portales Real Estate Market Update - August 2016 (Infographic)

 

Clovis & Portales | Market Update

 

Another Great month for the Portales/Clovis Real Estate Market

Price per Square Foot and Sales price are up considerably, but the biggest jump is the number of homes sold in a 31 day period.

July might have had one more day than June but the 20% increase in number of sales can't really be attributed to that one extra day. Or maybe it can. Who know?

Number of Homes for sale and number of days that were spent on the market for the homes sold last month, are also up. This increase is not as good as the aforementioned statistics, but they don't have a tremendous influence on what we already know: There is a stock pile of houses that need to be sold and it takes an average of about 5 months to sell a home. 

Now, this is an average so some houses sold in 3 days, some houses sold in 3 years. To help your home be one of the "3-day sales" (though we can't guarantee 72 hours on the market) you need to be realistic about the price so that it stands out among the large number of homes that are currently on the market. Ideally, you want to be the cheapest house and, while that is not always practical, it gives you a good idea of whether you are ready to sell your property or not. 

For more tips and advice on how to sell your home, check out our numerous blogs and videos on selling.

 

And if you have any more questions that you would like an expert opinion on you can leave a comment below or contact us on our facebook page

July 21, 2016

Why are my insurance Premiums So High?

 

Watch as Roxanne explains on the reasons your Premiums may be high and what you can do to fix it. 

July 12, 2016

Tips to Staging your Home: Declutter (Video)

 

 

One of the biggest things you can do to help sell your home while living in it, is to stage your home in a way that makes it more appealing to potential buyer.

The first and easiest step to staging your home is to declutter your home. Start packing up some of those knick-knacks and personal effects. This does two things; reduces clutter so that the potential buyer isn't distracted by trinkets, therefore, focusing on the actual home and gives you a jump start on packing for when your home inevitably sells.

As you can see in the video, these homeowners did a great job of clearing their counters of any unnecessary clutter and leave (mostly) essential items.

Be sure to comment below with any questions on staging your home or anything else Housing related!

 

If you would like to schedule an appointment to view this property contact Mark Aragon

 

To see some of the other homes for sale in the area visit our Buyers page

 

And if you're interested in seller tips and advice visit our Seller's Page

July 1, 2016

Clovis & Portales Real Estate Market Update - July 2016 (Infographic)

Clovis/Portales Housing Market | June 2016

 

The numbers from June 2016 show that the Clovis/Portales Housing Market is on the rise. We have a slight increase in the number of sales compared to previous months in 2016, but the real signs of improvement are the higher average sales price which jumped by almost $10,000. We also see an increase in price per square foot and a decrease in number of days on the market. 

 

Visit our Real Estate page here

 

July 1, 2016

First step in Buying a Home (Video)

 

First step in buying a home is to make sure that buying a home is right for you. Factoring in several circumstances including how much you make, how long you've been at your job, and how long you plan on staying in a new home. Next would be seeking financing with a qualified lender. They will be able to tell you exactly how much you can afford on the budget that you've set up for yourself with the purpose of buying a home. 

For helpful tips and advice look through the rest of our blog posts. Or you can comment below with your questions and we'll post another blog or video answering you. 

 

Find out more about HOMESPOT Real Estate here

 

For more about Mark Aragon check out his Broker Page

June 27, 2016

What you need to know about Manufactured Homes

 

What you need to know about Manufactured Homes

Manufactured Homes: Most Regulated and Inspected Housing in the United States

 

Manufactured homes are the only form of single family housing in the country subject to a federal construction code. Every aspect of the manufacturing process is controlled and inspected to be in compliance with this U.S. Congressional mandate. You might ask, why are manufactured homes singled out from other types of housing?

In the 1950s, 60s, and 70s, the mobile home burst upon the housing scene as a form of housing that most anyone could afford. The incredible demand resulted in dozens of manufacturing plants building low priced mobile homes throughout the country, in states where regulations governing construction and health and safety were virtually non-existent.

Mobile home builders produced homes as quickly and as cheaply as possible to sell these homes at a price to be competitive with other builders with little regard to the integrity of the product or the welfare of the purchaser. Most buyers of mobile homes were placed in rural areas where land was inexpensive and not subject to zoning jurisdictions.

In the meantime, there were manufacturers on the west coast that were producing quality mobile homes for homebuyers to be placed on expensive land or in modern mobile home communities. For example, the state of California regulated factory built homes to a standard that would eventually be a template for the federal regulations that were to follow.

With the support of the responsible members of the mobile home industry, the U.S. Congress passed legislation in 1976 to establish a federal building code for mobile homes. This legislation is the Federal Manufactured Home Construction and Safety Standards Act, which went into effect June 15, 1976. The federal code is administered by the U.S. Department of Housing and Community Development (commonly known as the HUD CODE). The federal standards regulate manufactured housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality. The HUD CODE also sets standards for the heating, plumbing, air conditioning, thermal, and electrical systems.

It can be generally acknowledged that a building code is only as good as the enforcement system that accompanies it. The manufactured home enforcement program required by the U.S. HUD CODE is a thorough and efficient system designed specifically for the factory production environment. Because the factory pace differs from that of the construction site, the manufactured home enforcement system is different too.

The goal in both cases are the same: to ensure the highest degree of safety in the design and construction of the home. Ideally, a building code should be backed up by uniform and consistent enforcement. The HUD enforcement system relies on a cooperative federal/state program to ensure compliance with the Federal Manufactured Home Construction and Safety Standards(the HUD CODE). HUD enforces the HUD CODE through its agent, the National Conference of States on Building Codes and Standards (NCSBCS).

Editors Note: Please refer to part 2 of this series regarding the inspection process that absolutely assures home buyers of a safe and quality constructed manufactured home.

Manufactured Homes: Regulation and Federal Inspection Assures Quality and Safety

Today’s manufactured home is the most quality consistent housing choice in the United States. It is the only form of construction that is subject to a Congressional Federal Construction Code administered by the U.S. Department of Housing and Community Development (commonly known as the HUD CODE). The HUD CODE went into effect June 15, 1976

Almost 40 years after the implementation of this rigid federal code became effective, the manufactured housing industry sometimes still carries the stigma of the shoddy conceptions of the mobile home industry of the 1950s, 60s, and 70s. In fact, there is zero resemblance to the mobile homes of that era and the manufactured home of today. The federal enforcement and inspection system, along with technologies developed and advanced by manufactured housing producers, has resulted in a manufactured home that is equal or better built than a comparable site-built home and is 20-30% more affordable.

Enforcement and Inspection

Uniformity and consistency can be maintained in the federal government enforcement system because of two key factors. First, the inspections take place in the factory, during each phase of construction, and follow behind the manufacturer’s own in-plant inspection and quality assurance teams. This allows for more thoroughness since time is spent inspecting homes rather than travelling to inspection sites. Efficiency is increased because travel time is limited and necessary paperwork is minimized. Second, consistency is maintained because fewer people inspect more homes. The enforcement procedure is much less susceptible to individual interpretations, as would be the case with on-site inspections in every jurisdiction across the country.

Inspection Starts Before Production Begins

The federal government enforcement system begins under the watchful eye of the Design Approval Primary Inspection Agency (DAPIA). The DAPIA (a third-party inspection agency) must approve the engineering design of each home to be built, approve the manufacturer’s quality assurance manual for its plant and coordinate the other third party inspection agency, known as the Inspection Primary Inspection Agency (IPIA). The IPIA has the responsibility of making sure the production facility programs and procedures are in accordance with the DAPIA-approved quality assurance manual and it conducts inspections of homes produced in the factory to assure conformance with the approved design.



Certification Assures the Home Buyer

Before leaving the factory, each manufactured home must have a numbered certification label affixed to the exterior of each section of the home. This HUD label certifies to the home buyer that the home has been inspected in accordance with the federal government enforcement procedures, and it complies with the national building and safety code administered by the Department of Housing and Urban Development. Only when all inspection parties are satisfied that the home complies with the code, will the certification label be affixed to the home. A consumer seeing the home for the first time will have the assurance that the home has been thoroughly tested and inspected from the design stage through final construction and found to be built according to the approved design.

Editors note: Please refer to part 3 of this three part series that details the home buyer advantages of the enforcement and related inspection system of the federal HUD code.

Manufactured Homes: Home Buyers Benefit From Federal Regulations

 

I have summarized the enforcement and inspections of the manufactured home construction process. This enforcement and scrutiny of the manufactured home construction process is, by far, the most thorough regulation of any other form of building construction.

As reported in part one of this series, the “mobile home” (as it was called prior to being changed by legislation to “manufactured home” in 1980) was not even similar to the manufactured home of today. Shoddy inconsistent construction techniques that existed 40 years ago were a result of the lack of state and federal oversight of the construction and in particular the health and safety aspects of a booming mobile home market. In fairness to the states, they didn’t know how to regulate the mobile home phenomenon. Most of these states classified the mobile home as being an adjunct to the automobile business with motor vehicle regulations being applied to mobile homes. After all, the word “mobile” was used to describe this product.

In 1976 Congress passed historic legislation that changed the manufactured housing industry forever — in a good way. This legislation is the Federal Home Construction and Safety Standards which was effective on June 15, 1976. This federal code is administered by the U.S. Department of Housing and Community Development (commonly known as the HUD CODE).

The HUD regulates every aspect of the building and installation process through state agencies contracted to HUD. The in-plant inspection process is thorough and relentless as the home proceeds to built one step at a time. The inspection process actually begins before the home construction commences. Every floor plan and design is required to be engineered in compliance with HUD regulations and approved for production by a 3rd party design agency approved by HUD.

So you might ask, “How do these government regulations and enforcements affect me and my choice of housing?” Excellent question! All the things a homeowner would find important in a home are a result of these construction standards and the technological advancements and expertise of the manufacturers of today’s manufactured homes.

The HUD code sets standards in the following areas:

Manufactured housing design and construction - All homes must be pre-approved and certified to meet federal construction guidelines before construction commences.

Strength and durability- Each home must be manufactured with quality building materials and applications to assure that home will stand the test of time.

Transportability - Yes, this is strictly enforced, even though the only time a manufactured home is usually transported is the original transport from the factory to the home site. A manufactured home is built on a steel frame that assures the structural integrity of the home on site as well as during transport.

Fire Resistance - A manufactured home is built to a standard exceeding the flame spread retardation recommended for site built homes.

Energy efficiency- The air-tight construction aspect of the manufacturing process along with insulation completely wrapping the perimeter of the home results in lower utility costs than other types of single family housing. Combined with HUD Code requirements that manufactured homes be equipped with energy efficient heating and air conditioning increases the savings appreciably. An additional savings of 20 to 30% can be achieved by upgrading to ENERGY STAR appliances and products that are available through most manufactured home builders/retailers.

Storm Safety- The HUD Code was amended in 1994 with requirements that manufactured homes meet building and installation standards to provide wind safety safeguards in pre-designated storm regions of the country. Manufactured homes produced since 1994 have been proven to be equal and, in many respects, safer than site-built homes during tornadoes and hurricanes.

It is safe to say that you cannot purchase a poorly constructed manufactured home. Yes, there are differences in prices. However, the difference is in things that you can see, such as, amenities, equipment, decor, appliances, tape and textured drywall, vaulted ceilings, etc.

 

Today’s manufactured home has been chosen by many homeowners as their dream home. For others who are contemplating home ownership, they may be thinking of the stereotypical “mobile home” of long ago and not realizing that the affordable, quality, American dream of homeownership today is built in a factory.

 Want to exlpore the Manufactured Homes we offer? Click Here

June 21, 2016

Clovis' Grand Re-Opening

Clovis Grand Re-Opening

 

Your One-Stop Spot, just became easier to find.

 

 

HOMESPOT is proud to announce the Grand Re-Opening of our new location in Clovis. We decided we needed to make a change so that our location better fit the needs of our valued customers.

 

To celebrate the move we’re hosting an event to show our appreciation to the customer’s that made the transition with us as well as letting everyone know where our new home will be. You are all invited to join us for fun and prizes. We'll be providing free home valuations and taking you on a home tour to showcase some of our finest homes in Clovis.

 

We’ll be open for our regular Saturday Hours from 9:00am to 4:00pm but the festivities will be taking place from 12 - 2 all leading up to the ribbon cutting at 2:00pm and who doesn’t love an old fashion ribbon cutting?


So we hope to see you all there as we begin a new Chapter in Clovis, NM!!!

June 1, 2016

Clovis & Portales Real Estate Market Update - June 2016 (Infographic)

 

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