When it comes to selling a home, a kitchen clean up pays. You don’t have to do an expensive remodel to make your kitchen appealing to buyers. If you’re starting with a good kitchen space, then making a few inexpensive modifications can help you get your home noticed and sell for more money.
Denver tops the list of more than 140 metros where homes are on the market for the fewest number of days, unseating Oakland, Calif., for that top spot, according to realtor.com’s National Housing Trend Report for March. Oakland had occupied the top spot for the fewest days on the market on realtor.com’s report since November 2013.
The national average for days on the market is 102 days, but in some markets, listings are typically on the market for a month or even less.
Realtor.com’s report shows the following 10 metro areas with the lowest median days on the market…
And see where Seattle is on the list!
The condo market, which has been mostly stagnant in recent years, is showing signs of revival nationwide.
“While still well below historical construction levels, the new interest in condos is attracting interest from high-level investors who are keeping an eye on the growing condo construction and conversion market, both to see if the trend may produce opportunities in more markets and to gauge its effect on apartment property pricing,” CoStar Group reports.
The condo share of total home sales is nearing pre-recession levels.
Ever heard the phrase, “walk a mile in someone else’s shoes?” When it comes to selling your home and boosting curb appeal to the widest range of buyers, the distance you need to think about is far less than a mile: it simply runs from your front curb to your back fence. The moment you even begin to think of putting your home up for sale is the time to start thinking like a buyer.
Why?
Because thinking like a buyer will help you make your home move-in ready for just the right buyer (or maybe even a bevy of bidding buyers). The less they think they have to change, the shorter the distance will be between the viewing, their offer, and the day you say, “Sold.”
The idea of selling a home without ever listing it can be appealing to many. Similarly, ringing the doorbell on the “perfect home” and finding an owner willing to sell can put a broad smile on a buyer’s face.
The risks, however, routinely make buying and selling “pocket listings” dangerous to a person’s financial well-being — particularly for sellers.
Good news for Realtors, lenders and condominium unit owners who’ve been frustrated by FHA’s prohibition of “spot loans” in developments that haven’t obtained certification: The agency is now seriously exploring how to relax its ban and bring them back.
Officials are mum on the details and timing, but they confirmed recently that reviving this key financing option is now under active study. The main reason: FHA is under growing political and trade group pressure — NAR and the Community Associations Institute especially — to do so.
If you’ve been paying attention to the news, you’ve undoubtedly seen headlines stating that real estate prices are on the rise. According toTrulia, most markets, housing has begun to bounce back and in a selected few metros, like Los Angeles,San Francisco, and New York City, the housing market isn’t just bouncing back – it’s booming! So, if you’ve been on the fence, waffling about whether or not to sell, consider these 5 things…
A lot of sellers don’t listen to their real estate agents, so here’s what your agent wants to say, but can’t say to you and this is it – your agent can’t get you the price you want unless your home is in pristine move-in condition.
That means no sticking drawers in the kitchen. No leaning fences. No rust-stained plumbing fixtures. We could go on, but maybe we need to make it clear. If you have even one of following “turn-offs,” your home won’t sell.
Buyers can get instantly turned off. Here are their five biggest turn-offs…
Can you be charged interest on your mortgage even after you’ve fully paid it off? Can the meter keep running when you owe the bank nothing — your principal balance is zero?
Surprise! Much to the chagrin of large numbers of home sellers and refinancers, the answer for years has been yes. If your loan was insured by the Federal Housing Administration and you paid it off before maturity, at closing you’d be expected to cough up a full month’s interest, no matter what day of the month you actually settled.
Each year, it seems the housing market takes on a different tone – and whether it’s going to be a sellers’ market with inflated prices and bidding wars, or a buyers’ market with tons of choices and low prices – there’s no denying that the 2014 spring housing season is upon us. So what does it have in store? Well, if you’re thinking of listing your home, that’s an important question.
Here are 6 market insights that will give you a head start!
Managing The Real Estate Details 