October 1, 2019 rummy

Fall has arrived and you may be one of the many Americans who are still undecided if they should sell their house or wait until next year. Let us help you come up with a decision with these awesome reasons to sell this fall. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are in the market right now. More often than not, in many areas of the country, multiple buyers…

September 25, 2019 rummy

No matter if you’re selling or buying a house, moving is quite a big step that comes with many other things to consider. Difficult enough as it is, moving with children changes the priorities dramatically. Recently, the 2019 Moving with Kids Report from the National Association of Realtors®(NAR) studied “the different purchasing habits as well as seller preferences during the home buying and selling process.” This is what they found: When Purchasing a Home The major difference between the homebuyers who have children and those who do not is the importance of the neighborhood. In fact, 53% said the quality…

August 14, 2019 rummy

You may be one of the many Americans thinking about selling your house to move closer to your work, move up to your dream house, or move into a bigger place for your growing family. Whatever your reason for selling, getting the best price is always a welcome bonus. Let’s find out if now is a good time to sell your house. In today’s housing market, it’s actually a great time to shift your thoughts toward selling your house and moving up into the home of your dreams. Here’s why: Inventory is on the rise, but there’s still an overall…

June 14, 2019 rummy

More and more baby boomers sell their home for a lot of different reasons. But despite what triggered them to sell in the first place, there is something in common with every home put on the market by boomers – they all consider these things important. The National Association of Realtors recently released their 2019 Home Buyer and Seller Generational Report. The report revealed many interesting tidbits about both categories of baby boomers: younger boomers (ages 54 to 63) and older boomers (64 to72). Here are a few of the more interesting topics. Percentage of Buyers who Looked Online First…

June 4, 2019 rummy

Despite the lack of inventory all across the United States, prices of homes for sale are increasing slowly. In fact, slower than what most home sellers expect. Therefore, we have been observing quite a gap between expectations and reality. In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a homeowner looks to refinance or sell their home, as the expectation of what the homeowner believes the home should be worth does not always line up with the bank’s appraisal. Every month, the Home Price Perception Index (HPPI)…

May 14, 2019 rummy

There are countless triggers why homeowners would decide to sell their house. We found out that the top reasons can be divided by age brackets. Here’s a comprehensive look at two of the top drivers. The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). Relocating for a job was the top reason for those ages 54 to 63 and the second most popular response for those under 53. The chart below shows the breakdown for these two reasons. For homeowners over the age of 64, wanting to be closer…

May 8, 2019 rummy

There are a lot of things that could go wrong when selling a house. Things that would often leave sellers with unsold houses along with wasted time money and effort. Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they get the best deal for themselves and their families. Here is a list of just some of the people with whom the seller must be prepared to negotiate if they decide to For Sale by Owner (FSBO): The buyer,…

April 9, 2019 rummy

You don’t want to overprice the house because you’re going to lose the freshness of the home’s appeal after the first two to three weeks of showings. Demand and interest wane after 21 days or so. Of course, there’s nothing stopping you from dropping your price later, but this can be a matter of too-little-too-late. When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area….

April 4, 2019 rummy

If you’re thinking of selling your house this year, now is the best time to do it. You may have missed the first spot in the market as there are a lot of sellers who took advantage of the slow down last winter, but with the influx of buyers jumping in, there could never be a better time than now to put your home for sale. New research from realtor.com shows that the first week of April is actually the best time to list your house for sale! The report used “trends in median listing prices, views per property on…

March 30, 2019 rummy

One of the most effective selling tools is pricing. With the values of homes varying from region to region, finding the sweet spot wherein buyers will still be interested without compromising the seller’s return in value is harder than most people realize. According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 4.4% over the last 12 months. By this time next year, CoreLogic predicts that home values will be 4.6% higher. ​ With prices slowing from their previous pace, homeowners must realize…