To potential homebuyers, a bedroom is more than just a place to lay your head at night. It's a place to relax, retreat, and recover, a place where the demands of the busy world are locked out. And with a properly staged bedroom, you can tap into potential buyers' desire for relaxation and make your home their number one pick. So how can you stage your bedroom in a way that buyers will love? Here are three strategies you can use to make your bedroom look like a modern oasis - without spending a fortune. Position The Bed In The Right Place One easy-to-change yet often overlooked detail in … [Read More...]
If you've been following the real estate industry for any length of time, you've probably heard the phrase "buyer's market" at some point. And although the meaning may seem apparent, it takes some study to understand what actually constitutes a buyer's market. Who decides whether it's a buyer's or seller's market? What's the threshold for deciding between the two? Here's what you need to know. Supply And Demand: Economic Factors That Govern...Everything If you studied economics in school, you'll probably remember an early lesson on supply and demand. Essentially, supply and demand are the two … [Read More...]
If you're considering selling your home in the near future, you may be tempted to simply cut out the middleman and opt for an FSBO sale. However, selling a home is a major undertaking, and most "For Sale By Owner" home sales run into obstacles.
So why is an FSBO sale such a problem for most homeowners? Here are three reasons why you'll want an agent to represent you instead of going it alone.
An FSBO Puts You At Risk Of A Lawsuit
Selling a home involves mountains of paperwork, and in order to make the transfer of ownership legal and above board, there is a large amount of minutiae that need … [Read More...]
Some first-time home buyers are on a tight budget when making their real estate purchase, and there may be an inclination by many to purchase a smaller property, such as a condo, rather than the home they truly want. While there may be some initial financial benefit associated with buying a smaller property, there are a few benefits associated with splurging and buying a larger home as a first purchase. By analyzing these benefits, first-time home buyers can make a more informed decision about how to proceed. Costs Associated With Upgrading In The Future Some people will purchase a smaller … [Read More...]
Last week's scheduled economic reports included the Case-Shiller 20 and 20-City Index reports, pending home sales data released by the National Association of Realtors® and the scheduled post-meeting statement of the Federal Reserve's Federal Open Market Committee. Case-Shiller: Home Prices Growing at Normal Pace The Case-Shiller 20-City Home Price index for May reported that year-over-year home prices grew by 4.40 percent year-over-year. S & P Index Committee Chair David M Blitzer said that home prices are increasing gradually by four to five percent a year as compared to double-digit … [Read More...]
Selling a childhood home can be emotionally stressful and even traumatizing. This is more than a house; it is a home where years and even decades of memories have been made and where lives have been lived. While selling a childhood home may be difficult to do, there are a few steps that can be taken to reduce the emotional turmoil that may be felt during this process. Create A Final Memory When a family has lived in a home for many years, it may feel almost as though the home has become a part of the family in a way. One way to deal with the emotional stress of saying goodbye to the home is to … [Read More...]
