Savvy sellers try to time their listing just right by waiting until buyers are ready, willing, and able to pay a good price for the property. But there’s one factor that’s often overlooked: time of year. Boost your sale price with these five calendar considerations.
Category Archives: Sellers
In Housing, Big Is Back (not counting the extras)
The bursting of the housing bubble didn’t deter affluent buyers for long.
After the recession, the market for large, expensive homes slowed sharply. Yet despite the bursting of the housing bubble, the ensuing recession and the slow recovery, buyers have not abandoned luxury homes. It turns out that they just took a break. In July 2013, sales of homes costing more than $1 million were up 46.6 percent from the previous July. When it comes to new homes, bigger is again better.
It’s The Price That Sells a Home
You’ve heard the old saying – “Location, location, location.”
The real truth is “Location, condition, and price.” And price trumps every other factor.
Location affects the value of a home, but it’s price that sells a home.
Oceanfront, mountainside, or penthouse, the most desirable location in the world won’t sell at the wrong price.
7 Seller Tips for 2014: How to avoid costly mistakes
4 Money Musts Before Listing Your Home
If you’re planning to sell your home, chances are good that you’re seeking a lifestyle level-up: you want to bring your home’s size, shape, features, location, maintenance and financial obligations into better alignment with your life – or your future. Making sure that you execute a home sale that actually does align your home with your life requires a lot of prep work.
Job Growth to Drive 2014 Housing Market
The housing recovery is expected to remain strong in the new year, driven by economic growth and an improving employment picture, economists say.
In fact, job growth likely will be one key to driving housing growth in the new year. An estimated 2 million or more jobs will be created in 2014, predicts Lawrence Yun, National Association of REALTORS(R)’ chief economist.
As employment picks up, greater demand for housing is expected to occur and a surge in homebuilding activity. Celia Chen, housing economist at Moody’s Analytic, predicts a “homebuilding boom” in 2014 that will spark even more jobs — from construction workers to manufacturers — and bring about greater demand for housing overall.
Does the Garage Interior Matter to Home Buyers?
Although you normally may not give it a second thought, the appearance of your garage matters when your home is on the market.
Boomerang Buyers Expected to Boost Recovery in the New Year
Housing foreclosure authorities LoanSafe.org and YouWalkAway.com have created a new website to help people re-enter the housing market after having been through a previous foreclosure. The website is called AfterForeclosure.com and helps those most affected by the housing crisis take charge of their financial future and own their own home again.
Based on a poll of their combined members, LoanSafe.org and AfterForeclosure.com are confident that these potential buyers will make 2014 the year of the “boomerang” buyer.
Changes in lending guidelines and population shifts make these buyers essential to the recovery of the housing market. Jon Maddux, co-founder of AfterForeclosure.com says: “Alienating this large and growing pool of potential buyers does not bode well for the market in an environment where natural housing advancement has been largely disrupted.”
Home Prices in 20 U.S. Cities Climb by Most in Seven Years
Home prices in 20 U.S. cities rose in October from a year ago by the most in more than seven years, signaling the real-estate rebound will keep bolstering household wealth in 2014.
The S&P/Case-Shiller index of property prices in 20 cities climbed 13.6 percent from October 2012, the biggest 12-month gain since February 2006, after a 13.3 percent increase in the year ended in September, a report from the group showed today in New York. The median projection of 22 economists surveyed by Bloomberg called for a 13.5 percent advance.
A dwindling inventory of foreclosed properties has helped restrict the supply of homes for sale, pushing up prices even as higher mortgage rates cool demand. The real-estate market will probably get its next boost from gains in employment that are lifting consumer confidence in the economic expansion.
Home Design and Remodeling Trends For 2014
The end of the year brings many things. Special time spent with family and loved ones. Presents from Santa. The promise of a fresh start. And, if you’re like us, an insatiable desire to change up your environment by updating it with the latest trends.
If you are feeling the pull toward renovating, redecorating, or revising your home for 2014, here are some exciting trends you may want to incorporate.
Managing The Real Estate Details 