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Jonesboro Real Estate Video Blog with Eric Burch

If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Burch and Co. Real Estate - your professional Jonesboro Real Estate Agents.

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All Episodes

My Advice for Homebuyers in Today’s Market

Jonesboro Real Estate Video Blog with Eric Burch ·

2022/02/03

Here’s a great example of why you should buy a home sooner than later.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationDoes it make sense to buy in today’s market? I’ve been hearing this question a lot lately, and I wanted to offer insight into why my answer is a resounding, “Yes!”I recently saw a colleague of mine post about a house they sold in 2012 for $360,000; it’s a gorgeous home. The exact same house, with just a few updates, just

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Zillow Made a Mistake Buying Homes

Jonesboro Real Estate Video Blog with Eric Burch ·

2022/01/20

Here’s why Zillow shuttered their home-buying program at the end of 2021Something happened at the end of 2021 that you might not have heard about. Many people visit one platform when they look for available properties. The name of that platform is Zillow, and for the last few years, they have been not only marketing homes but also buying them.Zillow would make an offer on a property without seeing it, close that transaction, and send someone out to renovate it. They were buying and rehabbing houses

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How to Choose a Buyer in Multiple-Offer Situations

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/06/29

This strategy will help you choose the best buyer in multiple-offer situations.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWhat happens when you get multiple offers after listing your home? This is a question we’re receiving on a daily basis, and that’s because it’s such a common occurrence in today’s market. Here’s how we typically approach the situation. First, we see which offer you like the most—for example, it might be above the

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We’re Seeing More Low Appraisals Lately

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/06/21

My experiences with appraisals not meeting the contract price.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWhen you sell your house and the appraisal does not meet the contract price, what do you do? This has happened to me two or three times in the last month, despite only happening to me five other times in the last 16 years. For it to happen three times in the last month is a big deal. The great news was that I still closed all

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How Buyers Can Navigate This Market

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/06/07

Here are some tips and strategies to help you make offers in this market.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationToday I’m talking about how buyers in this market can navigate multiple-offer situations.So you're a buyer looking for a home, and maybe you work Monday through Friday, 8 p.m. to 5 p.m., and your agent texts you at 10 p.m. saying the perfect house just hit the market. If you've been a buyer for a little while in this

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A Brief Message About Home Preparation

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/05/24

How do you prepare your home for sale in today’s market?Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationHomes have been selling with multiple offers, many of them getting well over their asking prices. Truth be told, I don’t know how long these market conditions will last, but I don’t see them slowing down anytime soon.That said, it’s still a good idea to get your home ready for the market. Buyers may be hungry for properties, but that

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My Advice for Handling Multiple Offers

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/05/10

Here’s my advice on how to handle multiple offers in this market.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWhether you’re listing your home in Northeast Arkansas or anywhere else in the U.S., there’s one trend I keep seeing over and over: If the home is clean, neat, and ready to sell, most of the time it’ll get multiple offers. What’s the best way to handle multiple offers, though?For starters, hopefully your listing agent lets other

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Being a Buyer in a Seller’s Market

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/04/26

Homebuyers should check these three items off their to-do lists. Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationIf you’re a buyer in today’s crazy market, there are three things you need to do as soon as possible if you want to be ready:1. Get pre-qualified. If you’re financing your home purchase, you need to have a letter from a bank that says you’re approved to buy a house for X amount, or else sellers perceive your offer as being

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What Low Inventory Means for Buyers & Sellers

Jonesboro Real Estate Video Blog with Eric Burch ·

2021/04/12

Here’s what our low inventory means for buyers and sellers.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWhat’s the latest news from our Jonesboro real estate market? The biggest challenge we’re facing is inventory. There aren’t enough homes on the market to meet demand. That meansif a home comes on the market that you’re interested in and fits all your criteria, you need to jump on it. You have to get after it, because if you don’t,

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Q: What Type of Properties Are Flying off the Market?

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/10/06

Take a look at just how hot our market is.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationToday I was going to show off some really awesome listings that recently became available on the market, but as it turns out, they all flew off the market before we even got a chance to publish this blog post! That just goes to show you how hot this market truly is. Here are a couple of examples of the types of homes that buyers have been snatching

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Q: What’s the Latest News From Our Market?

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/09/23

Fear not—our Jonesboro market is humming along nicely. Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWhat’s happening with the economy and our real estate market? If you pay attention to my social media posts, you know that the market is blowing up. Interest rates are so low that we’re seeing people lock in a 2.5% rate for a 30-year mortgage. Ordinarily, you’d only ever expect to see that low of a rate for a 15-year loan, and even then

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Q: Have You Heard of The Orchard Development?

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/09/08

The Orchard is our newest master plan development that you shouldn’t miss.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWelcome to The Orchard, Jonesboro’s newest master plan development. ‘Master plan development’ means that we’ve thought this thing through completely—for this 160-acre development, we’ve laid out the sidewalks, parks, green spaces, landscaping, etc, so that it all comes together cohesively. We sat down with some of the

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Q: What’s Jonesboro’s Best Incoming Development?

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/08/25

Here’s what to know about the best development in town.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationI’m sharing today’s message from inside a model home in The Orchard subdivision, which is just south of Highway 49 in the Valley View school district. Comprising 160 acres of what used to be farmland, this development is currently in Phase I, with 20 houses standing already.There is a model available for walk-throughs, and several other

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How Did One of Our Team Members Help Feed 3,500 People?

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/06/15

Our James Wickham is the recipient of KAIT’s Gr8 Act of Kindness award.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationWe’re excited to announce that our own James Bickham is the latest recipient of the KAIT 8 Gr8 Act of Kindness award.James is an agent and photographer on our team who jumped into action afterpeople were already struggling with the pandemic and then a deadly EF-3 tornado hit the Jonesboro community. In addition to helping

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How We’ve Adapted to Help Our Buyers & Sellers

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/05/26

Going virtual has been so effective, we might just make it our M.O.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationCOVID-19 has shaken our world and forced nearly every business back to the drawing board. Real estate is no exception, and transactions have to be approached a little differently these days. I’m proud to share that we at Burch & Co. Real Estate have created a seamless system for our buyers and sellers using the latest

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Current Mortgage Rates

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/05/12

I’m sharing the latest news from the mortgage world.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationThese days, everyone is asking what’s going on with mortgage rates. You may have heard recently about '0% money.' Sadly, that doesn’t mean you can buy a home with a 0% mortgage rate. This 0% rate you’ve heard about is actually a short-term loan where banks loan each other money, usually on a 24-hour basis.The 10-year Treasury notes are more

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How the Coronavirus Has Impacted Our Market

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/04/29

Though it may surprise you, the coronavirus hasn’t really affected our real estate market.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationHow is the coronavirus affecting the real estate market? The answer might not be what you think. Why? Because it’s not affecting the market. We’re seeing the same number of showings (if not more), homes are still selling, and our average list-to-sale price ratio has actually risen. We’ve even sold a

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Will Making Your Northeast Arkansas Home Greener Save...

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/04/03

Solar panels may make your home more energy efficient, but they won’t save you much on utility costs in Northeast Arkansas.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationIn terms of cost-effectiveness, is it worth it to make your Northeast Arkansas home more energy efficient with solar panels?In our area, utilities are pretty inexpensive. Jonesboro City Water & Light offers us power at about five cents per kilowatt-hour. That national

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Tips for Selling Your House When It's in Poor Condition

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/03/23

So you have a house you want to sell, but it’s in less-than-perfect condition. What do you do?Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationIf you’re looking to sell your house but the property isn’t in perfect condition, what can you do?Some people think they need to spend up to $40,000 to update their homes, but that’s just not the case. We recommend budgeting appropriately for any renovations you’d like to make, whether that’s a paint

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What You Need to Know About iBuyers

Jonesboro Real Estate Video Blog with Eric Burch ·

2020/03/06

iBuyers are coming to our market sooner rather than later, so here’s what you need to know about them.Buying a Jonesboro home? Get a Full Home SearchSelling your Jonesboro home? Get a Free Home Price EvaluationThese days, everything is internet-driven. If you want to know the answer to any question, it’s right there at your fingertips.The real estate industry is no different, and some of the bigger companies (e.g., Zillow) now have iBuyers, or “internet buyers.” iBuyers will make an offer on your

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Jonesboro Real Estate Video Blog with Eric Burch

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