When buying or selling a home, an understanding of current market trends could help optimize your time and money. Here are a four real estate trends that defined 2017 and are expected carry on into the new year.
1. Competing Generations
The recent shift in home buying preferences is a generational one. Millennials are starting to abandon their condos in the city for starter homes in the burbs, putting them in direct competition with downsizing baby boomers. With these two groups both looking for similar housing, well-maintained single-family homes are expected to go very quickly in 2018.
2. Tightening Inventory
The fall of 2017 was tight in regards to the number of homes available for sale. In fact, total housing inventory was down 13.4 percent in October 2017 compared to the same time the year before, according to the RE/MAX National Housing Report. For most of the country, sellers currently have the advantage. Will that change in 2018? It’s possible, but buyers should prepare for a market where they will have to be aggressive to purchase the home they want.
3. Advancing Tech
Like most other industries, real estate today is profoundly affected by the advance of technology. Homebuyers and sellers can easily access information about a house or the market with the click of a button, and virtual walk-throughs allow a buyer to enter a prospective home for the first time with few surprises. In real estate, technology has the potential to reward those who do their homework and make the most of digital...
Have you made your #NewYear resolutions yet? If you are thinking of selling your home in 2018, here are some tips to help get you started – call me when you're ready to meet your goals!
1. "Avoid drastic design changes"
Unless you’re turning your bold color palette into a more neutral one, it's best not to try to anticipate what buyers want in design and décor. The best way to freshen up your home is to simplify and depersonalize, so potential buyers can picture building their own lives there.
2. "Stop neglecting the dripping faucet"
This applies to all those repairs you might view as minor but could actually be a symptom of a larger problem. Addressing things like leaks, poor ventilation and cracks in walls helps avoid inspection surprises and eliminate buyer thoughts of “what else might be wrong?”
3. "Price my home reasonably"
It's understandable to think your home is worth more than the others on the block – especially if you've invested in key upgrades and remodels. And you might be right. But the only way to truly know is to compare your home against recent sales of similar homes in the area. I can help you reach a competitive price that reflects what your home is worth in the local real estate climate.
4. "Thin out the clutter"
When the For Sale sign goes up, your home should...
The post holiday mess is always so overwhelming! Luckily, there are ways to recycle tinsel, ribbon, wrapping paper, and even holidays trees with ease that will lessen your stress and won't eat at your conscience! Check out my favorite tips and tell me yours!
After the holidays, your home can look a bit hung over with piles of wrapping paper and fallen tinsel trailing under everyone's feet. It all feels like a hazy eggnog memory. You may be wondering how you'll possibly clear out all the trash. Well, maybe it doesn't have to be trash. Here are five tips for keeping the planet in mind as you clean up this holiday season.
It's often tough to be away from loved ones during the holidays. Fortunately, there are several ways everyone in your family, wherever they may be, can be included in celebrating the season. Here are a few.
1. Make a date to video chat
Plan ahead (maybe even send out an e-vite) and schedule a virtual family reunion. Video chatting is easy – and free. Services like Skype, FaceTime, and Google Hangouts allow you to talk to more than one person at the same time. Bonus: you can finally turn down the volume on the uncle who shouts during every conversation.
2. Share an Activity
While everyone may not be able to do the same thing in the same place, you and your family members around the world can still share a holiday experience. For example, everyone could make the same treasured family recipe or create some DIY holiday decorations. Then, share the experience via phone or video chat.
3. Family Facebook
Set up a Facebook page for your extended family for the holidays and beyond. Posts can include messages or videos from each member of the family (don't forget the dog!) or snapshots from holiday activities.
4. Record a message – or a conversation.
SpareMin is an app that makes it easy to create and share audio recordings. Grab a family member and host your own podcast with a topic like "Family Update" or "2016 Year in Review."
5. Online family photo album
Sites like ...