Are You Holding On to Unrealistic Expectations?

Experts agree that home prices are set to keep rising in the near future, so buyers waiting around for lower values should know that now’s the time to act.

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A lot of buyers recently seem to be holding their breath in hopes that home prices will soon drop.

However, according to top economists, this isn’t likely to happen anytime soon. In fact, the opposite will most likely occur.
 
Appreciation may be slowing, but values are still projected to continue rising over time. With that said: Stop waiting around for prices to drop.

If you’re looking to strike a deal and find the perfect home, now is the time to act. No one has a crystal ball, but it’s fairly likely that the deal you’d be able to earn today is better than what you could secure a year from now. The future is uncertain, but the opportunities available in our current market are clear. Rates are still at historic lows, affordability is still high, and there are plenty of great properties out there right now.

If you’re looking to strike a deal and find the perfect home, now is the time to act.

Why wait? If you see something you love, make a move. It’s a great time to buy, and our team would love to help.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

What’s the Biggest Mistake Most Sellers Make?

What’s the biggest mistake today’s sellers make? Allow us to explain in this quick message.

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Selling a home? Click here for a FREE Home Price Evaluation

When it comes to selling a home, there is one major mistake most people make. What is this mistake? It’s simple: Most people fail to prepare their homes for the market before they list. Every single seller I’ve spoken to wants to maximize their equity and sell for top dollar, but their actions aren’t consistent with their goals. Very rarely do these same sellers follow through by adequately preparing their property.

Buyers will offer higher prices when they have an emotional connection to a property, and these emotional connections don’t happen by mistake. It takes a well-staged, decluttered, and depersonalized home to capture the attention of potential buyers in our market. They fall in love with the space because they can imagine themselves living in it.

If you haven’t prepared your home ahead of time, it’s pretty unlikely this will happen.

The good news is that preparing a home for the market doesn’t mean you have to do a complete rehaul of every single room. All it takes is some strategic adjustments.

The time it takes to prepare a property is well worth it when you consider the results these preparations will bring.

Making minor repairs, giving the walls a fresh, neutral coat of paint, and thoroughly cleaning each room will make a massive impact on your success. Each of these things will boost your chance of earning top dollar, while simultaneously ensuring that buyers will have a strong first impression when they step foot in your home.

And if you go the extra mile by hiring a professional stager, you’ll be in an even better position. Stagers know what it takes to present a home in its best light.

Homes that are staged and feel move-in ready also sell more quickly than homes that aren’t. So, in short, the time it takes to prepare a property is well worth it when you consider the results these preparations will bring.

If you want top dollar, don’t make this major mistake. Make sure you prepare your home before you list.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Are Interest Rates Going to Hit 6%?

The fear of 6% interest rates may be unfounded, but rate hikes still affect buyers and sellers alike. Here’s how.

Buying a home? Click here to perform a full home search

Selling a home? Click here for a FREE Home Price Evaluation

There was a lot of speculation in late 2018 as to where interest rates would end up in 2019. Many thought that rates were incredibly volatile and that we’d see them hit 6% this year.

Well, I don’t believe that’s going to happen. In fact, the highest we’re likely to see is around 5.5%. While buyers are waiting for home prices to flatten out or drop, they fail to realize that the savings they find will be at the cost of higher interest rates. By waiting, they could end up paying more money for less home.

The best time to buy or sell may soon be ending.

But yes, buyers—rates are volatile. Though they shouldn’t surpass 5.5%, you should still speak with a lender to see what you should do. Sellers, interest rate fluctuations affect you too. Who will buy your property if buyers can’t qualify for loans because rates are too high?

The best time to buy or sell may soon be ending, so I suggest you reach out to me to be put in contact with a lender, get any questions you have answered, and learn more information about your specific situation. I look forward to hearing from you soon.