One of the most common questions I get at this time of year is, “What’s going on in the market?” It’s not just potential buyers and sellers who are curious; homeowners always want reassurance their home’s value is going up. The good news is the American real estate market is strong and healthy. Home values are up, prices and sales are strong, and millennial, first-time buyers are eager to become homeowners.
We often use national real estate numbers to give us a clearer view of our local market. However, real estate is local, and while statistics and predictions help us understand the overall real estate market, our local market may be different. If you’re thinking of buying or selling, or just want to know how much your home is worth, give me a call!
Continue reading Real Estate 2017: What to Expect
Before your home goes on the market, you want to make sure it looks its best for potential buyers. Once you have an accepted offer, the next person you need to worry about is the home inspector. The home inspector will be looking at many things your buyer did not. Here are 14 easy fixes to make before your home inspection.
Continue reading 14 Easy Fixes to Make Before Your Home Inspection
Whether you’re putting your home on the market this year or in the next five years, it is a smart decision to start building your home’s resale value now. Here are some ways to create a comfortable home while making it easier to put more money into your bank account on closing day.
Continue reading How to Amp Up The Resale Value of Your Home
When you list your home for sale, you may think you’ve priced it right, staged it beautifully, and timed the market for a quick sale.
The reality is that buyers are full of surprises, nearly all of them predictable. They rarely pay list price; they discount or dismiss improvements you’ve made; their inspections usually turn up something for you to fix, and they may have terms that you weren’t counting on — like needing to sell their home before they buy yours.
Continue reading Three Negotiating Mistakes Sellers Make
According to a survey by the California Association of Realtors, one of the top reasons home owners have not considered selling is a concern that property taxes on another home would be too expensive.
For certain groups of people living in San Diego County and some other counties in California, there is a way to move but not increase property taxes.
California voters have passed several propositions, Propositions 60, 90 and 110, that allow eligible property owners to transfer the base year value of an existing principal residence to a replacement dwelling.
What do these propositions do? Who qualifies, and what are the benefits?
Continue reading How to Move But Not Increase Property Taxes
Every month I tell you inventory is still low. This is not only the case for San Diego County and North County, but also for most of California. What’s keeping people from selling their homes? The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently surveyed Californians and found some interesting answers why homeowners aren’t selling.
Continue reading Why Homeowners Aren’t Selling
The Super Bowl and World Series determine the football and baseball champions. Since there can only be one champion, the other team loses the competition. In feudal times, a knight might champion for the king or a patriotic, romantic or religious cause.
Fierce competition can occur when buying or selling a home because each party wants to get the best deal possible. When the buyer and seller are not be equally matched, and they rarely are, it is important to have a champion on your side to fight for your cause.
Continue reading You Need a Champion
After you take the training wheels off your bike and learn to ride it, you’d never consider putting them back on again. Similarly, once you’ve owned a home, you might think you’ll own a home from now on; but there may be some situations where it makes sense to rent again.
Big shifts in a person’s life like a divorce, death of a spouse, empty nesting or a temporary transfer to a new city are certainly things that may warrant renting, at least temporarily, until you know what your long term plans are.
Continue reading Rent Again?
There are sites all over the web that offer to tell you what your home is worth. Simply plug in your address and email, and you’ll get a value. It’s fast; it’s easy. But is it accurate?
The value is determined by what is called an Automated Valuation Model that analyzes public record data with computer decision logic. Square footage, age, number of bedrooms and location are easily definable objective data. The challenge is identifying, measuring and comparing the subjective data.
Continue reading Automated Valuation Models – Fast, Easy, But Accurate?