This is my first attempt at writing a blog, so bear with me…..My goal is to share my knowledge and experience to help you navigate through the myriad of information about real estate and save you time.
As a REALTOR for over 25 years, I am often asked what is going on in the market? “Is this a good time to buy?” “Is this a good time to sell?” I thought this would be a good topic to start with since that seems to be on everyone’s mind.
Quick answer…it’s always a good time to buy! Owning real estate is a fabulous investment; helping you to become more financially secure whether you’re purchasing an investment property, or finding the right home for you and your family. Plus, the thrill of owning your own home is unsurpassed. That “pride of ownership” feeling that you’ll get when you’re working on your house is euphoric and contagious! And, that concept is quickly validated on any given Saturday when Home Depot or Lowe’s is packed with folks getting supplies for their projects. It’s also a well-known fact that homeownership is good for families with children. Owning your home creates stability for kids as they settle in to schools, sports and other activities. Getting involved in your community is great for the whole family and helps to build strong communities. And, there is truth to the old adage….Location, Location, Location. Zero in on your location and don’t waiver. Location is probably the most important factor in finding your home or investment.
A good time to sell? Honestly, that depends. Is your home well maintained, and in ready to market condition? Are you located in a neighborhood that is desired by buyers? If the answers are “yes” then this is a good time to sell. The mortgage rates are excellent and many buyers are taking advantage of the low rates and actually getting mortgages with lower payments than rent. Obviously, if you NEED to sell, then it is a good time to sell but take care to price your home to sell and not to negotiate by pricing high hoping to get an offer so you have wiggle room. Price is very important so look to the REALTOR for that advice. Your REALTOR is the neighborhood expert and can help you to determine what price is best to attract the buyer to your home.
If you have a few things to do to get your home ready to market, then take the time to paint, clean out the basement and garage and organize to make your home most appealing to buyers. You have only one chance to make a good first impression, so be sure that your home shines and smells clean. When the buyer walks through the door, the senses pick up on all kinds of cues. Smell is very important so be sure to take the dog with you and remove any evidence of pets. Put away the pet’s bowl and bedding. Remove any pet gates and toys. And forget the overpowering candles and fragrances. Many folks have allergies and the overpowering scents are not going to help your home sell. Clean Floors and Clean Kitchens and bathrooms will!
I hope you’ve found this first blog useful and informative. I hope to add more real estate related notes that might help you in your search for information on real estate. Knowledge is a wonderful thing and sharing my experiences and knowledge with you is going to be exciting! I’ve been putting this off for too long and thought I would give it a try…so here we go!!!
Cheers! (With my iced tea, fresh brewed, with lemon slice, of course!!)