Realtors agree: Spring is the busy season for buying homes. Once May rolls around, families have done their research, visited a countless number of open houses and have narrowed down their initial list to one or two homes. What puts one over the top?
According to real estate experts across the country, it’s a combination of small things you do to your home that make it a desirable property during the spring months. If you’re ready to put your home on the market, don’t let any potential buyer set foot in your home without first checking out our list of six tips for preparing your home for a spring sale.#1: Identify small improvements you can make in each [...]
Until very recently, a growing number of retiring homeowners have downsized by selling their family home and have either bought or rented something smaller. Downsizing can make their golden years easier and more enjoyable by making upkeep more manageable and reducing the costs of utilities and taxes. For retirees suddenly living on a fixed income, their houses may provide the financial cushion they need to enjoy their retirement.
Now that baby boomers, a generation second only to millennials in size, are reaching their late sixties and seventies, they are not doing as expected. Demographer Arthur C. Nelson, professor of Urban Planning and Real Estate Development at the [...]
Smart home technology is growing rapidly—it’s expected to be a $130 billion industry by 2020. Predictably, millennials are leading the smart home charge, but all demographics are enjoying the powerful features these devices can offer.
What exactly is a smart home device? These are connected devices that combine artificial intelligence (AI) and Wi-Fi connectivity to help automate or streamline features and tasks in homes. Examples include smart lighting to automate your lights, smart speakers to control other devices and smart TVs that stream media and learn what you like to watch.
To help you better serve your clients, here are some of the key things [...]
Selling a home is a stressful and complicated process. It requires you to hire a real estate agent and consider a fair market price for the house, in addition to cleaning and repairing the house so that it shows well in a competitive market. The walls must be painted, the trees should be trimmed, and the grass cut. The key is de-personalizing the process. Instead of thinking of the house as “your home” you must look at it from a sales perspective. You need to visualize the property from a buyer’s viewpoint and not as the home where you and your family reside. Your outlook should be about moving forward. As part of that process, you may want to hire a staging [...]
If you’re thinking of buying or selling a home in 2018, you should know what to expect the housing markets will look like next spring.
Not long ago, before the housing boom and bust, forecasting housing markets was a relatively easy matter for most economists. Real estate prices were a matter of supply and demand. As supplies increase, prices decline. As demand increases, prices rise. Mortgage interest rates, income levels and demographic factors all impact housing demand, and economists can forecast it. Lately, that formula hasn’t worked very well. The healthier economy is providing better incomes, and millennials are ready to buy their first homes. Mortgage [...]
When your home goes on the market, it could be exposed to more than just potential buyers. Your home could be the target of scams, theft, insurance claims, and other issues, especially if you and your realtor are planning to hold a large open house. Taking certain precautions with your valuables and your home can protect you and your family from these common threats and ensure your selling experience goes as smoothly as possible.Theft
Homes on the market are common targets for petty theft. If you’ve got valuables in your home, you’re putting yourself at risk, especially if you’re planning on holding an open house or two. Even common targets for theft can [...]
Not so long ago, selling a house during the holidays was to be avoided at all costs. Who wants to look at houses when everyone is busy with parties and family? Buyers and sellers were advised to wait until spring. With the advent of online listings, home sales have become less seasonal; buyers can narrow their choices quickly. In December 2016, sales fell only 1.8 percent from November, and sales would have been better if more homes were on the market. However, many of the homes that sold that month had been lingering on the market longer than homes sold in November. Sellers whose listings were aging were eager to close before the end of the year.
December is a reality check [...]
Most of us love food. We can all appreciate fresh produce, a homemade bake and the tools we use to prepare a family feast. Food gives a house a lived-in feeling, which can be a powerful staging element when your house in on the market. It’s important that prospective buyers can envision themselves living in your house and making it their own home. You can use food as an illustrative tool to help them paint the picture they need to seal the deal on a sale. Here’s how to entice a potential buyer’s sense of sight, smell, and touch with food in the kitchen and around the house.
Photo by Artistic [...]