Luxury estates can be a challenge to sell. The more expensive a home is, the less potential buyers there are. The biggest hassle is going through the process with people who can't actually afford the home, only to have it fall apart at the last minute. Here are some ways to make sure the property is only being viewed by qualified buyers. Only Accept Offers From Buyers Who Are Pre-Qualified From A Lender One of the only ways to guarantee a buyer will be able to afford a luxury home is to let the bank do the work on your behalf. By only accepting offers from people who have been pre-qualified by … [Read More...]
Putting a house on the market can be a major life decision. Even though there might be a bit of a change during this time, there are ways to deal with the stress. Even though home showings, negotiations, and constant phone calls from real estate agents can be a lot to handle, there are a few tips for dealing with the stress. What do homeowners need to know if they are selling a home? Choose The Right Real Estate Agent First, homeowners must make sure they choose the right real estate agent. Think about the goals during the home sale. Is the goal to sell the house as quickly as possible? … [Read More...]
Purchasing a home is an exciting time, but there is also a lot to manage. There are a lot of text messages, phone calls, and emails coming in. It is important for potential homeowners to keep them straight. Who are some of the most important people during the purchase process? The Real Estate Team First, there are going to be a lot of important people on the real estate side of this transaction. Every home buyer should work with a real estate agent who can help them assess the market, arrange showings, and find the right home. There might also be interactions with other agents along the way … [Read More...]
The law of supply and demand governs every area of the economy. The law is relatively straightforward. If there is more demand than there is supply, prices should be expected to rise. If there is more supply than there is demand, prices should be expected to fall. The same is true with houses, which have been rising quickly in price during the past year. Why is this the case, and what does this mean for the future? Housing Prices Are Going Up It should come as no surprise that houses are going up quickly. The biggest reason why the prices of homes are going up across the country is that there … [Read More...]
Last week’s economic reporting included readings on inflation, core inflation, and minutes of the Fed’s Federal Open Market Committee meeting held on September 22 and 23. Weekly readings on mortgage rates and jobless claims were also published. September’s Consumer Price Index rose by 0.10 percent to 0.40 percent. The Core Consumer Price Index for September, which excludes volatile food and fuel sectors, rose by 0.10 percent to 0.20 percent and fell short of the expected reading of 0.30 percent growth. Feds’ FOMC Meeting Minutes: Policymakers Consider Tapering … [Read More...]
If you want to sell your home quickly — and for the most profit — you can't just list it and cross your fingers. Successful sales are well-planned sales, and there are several ways in which you can make sure your own home sale turns out as you'd like it to. 1. Know Your Target Market What kind of people are buying homes in your area? Is your neighborhood popular among new families, retirees, young singles? Do a little research to see what type of buyers are typically attracted to the area, and figure out how your home caters to their lifestyle. Marketing is one of the most … [Read More...]
