Monthly Archives: September 2020
Checklist: October To-Dos for Homeowners
October is synonymous with cooler weather, changing leaves, apple harvests and trick-or-treat. It’s also a great time for homeowners to prep their houses for a long winter snooze. Check this handy list of home maintenance tasks to complete before sweater weather is over and overcoats are required. Winterize lawn equipment. After using your power lawn equipment... Read More
Housing Market on Track to Beat Last Year’s Success
Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American, announced last week: “Since... Read More
Pricing Your Home Right This Fall
Why Pricing Your Home Right Matters This Fall Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by... Read More
Cost Vs. Price of a Home
The Cost of a Home Is Far More Important than the Price Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase... Read More
Is Now a Good Time to Move?
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to be in one... Read More
Furnace Maintenance
Don’t Be Left in the Cold It might seem like we just finished summer but your furnace is warming up for its time to shine. We highly recommend having a professional perform this service. Not only will a poorly maintained furnace cost you a lot of extra money, but it could be a real safety... Read More
How Virtual School Is Changing Homebuyer Needs
Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your family’s growing needs, multi-purpose rooms and dedicated workspaces may be features to consider in your next home. Reach out to us... Read More
Homebuyer Traffic is on the Rise
One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right. ShowingTime, a leading showing... Read More
Renting vs Buying
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power. Let’s connect if you’d like expert guidance on exploring your home buying options while affordability... Read More
Presidential Election and Real Estate
How Will the Presidential Election Impact Real Estate? The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems... Read More