5 Important Reasons To Put Your Home On The Market This Summer

Summer is here!  In most regions of the country, summer is the best time of year to sell your home.  This season makes for an easier transition between school years and people are more interested in looking for new places.  But let’s talk about the other reasons that you should put your home on the market now.

1.)  Demand is great.   The latest edition of Buyer Traffic Report from the National Association of Realtors (NAR) reflects that buyer demand prominent throughout every region. This means that there are buyers out there that are ready and prepared to purchase right now in the marketplace.  In many circumstances, if you have a well-kept home in a desirable community, you may find that multiple potential buyers will make attractive offers for your home.  In other words, it’s important to take advantage of this competitive buyer activity now.

2.) Lowered Housing Inventory– Unless you are keeping up with real estate trends, what this means is we are currently under the 6-months needed for normal housing market.  There are simply not enough homes for sale to accommodate the number of buyers looking for a new home.  Sellers have the advantage in this current market. However, we have a hit a high market for increased equity in 11 years so it’s important to target the sale of your home during this time.  New construction will increase as 2017 closes out so make sure that your home is in mint condition for potential sellers that rivals new homes.

3.) Quick Processes- When a buyer finds the home of their dreams, there are little things more frustrating than a slow process to move in.  As the economic market begins to gain momentum, banks will be inundated with new loans that it has the potential to stretch out closings for longer than anticipated.  However, selling now will make this process quicker and more efficient which will get you to the closing table sooner than waiting.

4.) The Perfect Time for More Space– If one of the reasons you are considering a move includes more house, then it’s important to know that prices are anticipated to appreciate by 4.9% over the next year based on finding by CoreLogic. A higher-priced this year will increase more in raw dollars (both in down payment and mortgage payment) than if you wait until next summer.  While rates are expected to increase in the next 12 months, it’s important to look into your options of locking in 30-year housing expense with current interest rates around 4%.

5.)  New Chapters–  Many people avoid drastic life changes.  But change can be good.  If you are looking for more space, a job in a new city, or want to retire to less space, you can make this happen in the current market regardless of the reason.  Think about the reasons you want to sell and begin a new chapter.  The selling market is yours.

One of the most rewarding things about my job as a real estate agent is making my clients’ dreams come true.  I love when they find the home that is just right for them.  I also love when I guide them through the process of selling their current home so they can move on to the next one.  Let’s talk about the next step in making your dreams happen.

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Five Remodeling Trend That Are Happening Now…..

Mashing Up Styles
Mashing up different styles adds a unique look to what would be an ordinary room.  Too many patterns may be too much but think of mixing a white wall with brightly patterned pillSouthwestern-Mid-Century-Mashup8ows and an eccentric lamp to suit your taste.  Textured fabrics are a must.

The Connected Home
We can all agree that we live in a technology world.  If you fall too far behind, it’s hard to catch up.  But imagine living in a home that connects all your devices togethers to become more efficient.  Look for options that accelerate your flexibility, convenience, and affordability such as linking your fridge when you are low on milk or a iphone reminder that your carbon dioxide detectors batteries need to be replaced.  How cool is that?

 


Becoming Eco-Friendly and Energy-Efficient
Not only is an eco-friendly home a more efficient way to live, it’s fastly becoming trendy.  Construction of new homes are now using low-impact waste materials such as bamboo and wood to create beautiful earthy spaces.  Steel recycling material and concrete are becoming more popular energy-efficient ways to insulate homes as well.  Upgrading your home in different ways will save you money in the long-run.

Metal Accents
We’ve said it before, metal is HUGE now!  Accenting metal pieces adds a focus element especially when blended with wood to add texture.  Very trend forward, people!
metals

Open Kitchens
Kitchens are truly the new living rooms.  They have become the place to gather, eat over a feast, have conversations, and connect with your family and friend.  New constructions are influenced by open kitchens that allow space and convenience. If you are trying to narrow down which room is most important to renovate, we highly suggest this space!

open kitchen
For more home trend ideas, follow me on my blog at: https://erinnewmanfinehomes.wordpress.com/
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Spring-Ready Your Home!

The enjoyable days of winter are dwindling to an end.  It’s time to do some spring clean-up before the desert heat sets in!  In order to make your home efficient and keep your utility bills down, here are a few things to make sure your home is running the way it should:
spring home

Clean Those Dirty Gutters!  
Debris and water can collect in your gutters and create a host of headaches (wood rot and foundation damage to name a few) if you aren’t paying attention!  If you’re a little iff-y about climbing onto the roof yourself, hire a professional to clean every six months.

De-Bug and De-Pest
Terminates and other insect can wreck havoc on a home.  Hire an exterminator (if the problem is mild, bug bombs can also do the trick) to thoroughly inspect your home for problem.

Check the Roof
Your roof is literally what hangs over your family’s head every night.  Make sure it’s in proper order to make sure there are no missing shingles, loose pipes, or cracks.  Similar to the gutters, if you don’t feel comfortable checking out the scenarios yourself, hire a pro.  Preventive roof work is a must for good home maintenance!

Get A/C Tune Up
If you have ever had your A/C unit give out on you in the heat of summer, you know how expensive it can be to get it serviced or replace the entire thing!  You may want to invest in a good A/C maintenance package that includes condenser and blower unit cleaning, coolant level check and refill, electrical connection securing, duct work inspection, and temperature difference measurement between supply and return.  It may save you lots of money in the long run!

Change A/C Filters
A clean system will help preserve the life of your unit and keep your utility bills in check. Set reminders to change them out every two months.

Check Irrigation System
If you have ever had a busted pipe, you know how you dread the next water bill! Irrigation lines are apt to deteriorate in extreme heat, which may result in broken pipes. Make sure your system is running through the proper channels and watering your lawn (and not the street!).

For more home ideas and real estate advice, follow my blog!

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Planning to sell your home? Don’t wait. Place it on the market TODAY!

You probably had to read the headline twice.  Today?  You mean, today.  Yes, we mean TODAY.  Why the urgency?  The 2017 housing market shows that now is the time to sell.  January unveiled great numbers which paths the way for a strong housing market for this year.

for sale
Lawrence Yun, Chief Economist for the National Association of Realtors, said:
“Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home. Market challenges remain, but the housing market is off to a prosperous start as homebuyers staved off inventory levels that are far from adequate…”

And CNBC says consumer confidence in the economy is fueling the market:
“U.S. home resales surged to a 10-year high in January as buyers shrugged off higher prices and mortgage rates, a sign of growing confidence in the economy.”

A depleting inventory leaves a challenging market.  In order for a balanced market of homes for sale and interested buyers, the inventory would require a full six-month supply of homes.  The current situation is that there is less than a four-month inventory which means a 7.1% decrease from last year.

Admit it.  These statistics are make you look a little more closely about selling.  The increasing demand and low home supply provides the perfect climate for selling your home for the best price.  I’m more than happy to help you in this process to see if the market is hot in your neighborhood.

Clean Up Your Home By Avoiding These Decorating Mistakes

You may not even realize it but it’s possible that you are making your home look messy.   It’s easy to overlook decorating mistakes that can make your home look unorganized.  If you are staging your house to woo potential buyers or you want to impress weekend guests, make sure that you are avoiding these to create an organized and clean space.  

An Unbalanced Room
well-balanced-roomThink of it like this: You would never place large furniture in small quarters.  It can become overwhelming and greatly affects the flow of the room.  Allow the furniture (and the larger objects in the room) to naturally float opposed to lining them against a wall.  Most importantly, find pieces that balance the room nicely.


High Maintenance Fabrics
High maintenance comforters or cheap slipcovers are easy to wrinkle and have the potential to create a rumpled effect .  Well-ironed fabrics present a more polished look for guests as they enter a room.  A carefully folded throw blanket and properly placed pillows are important, too. slipcover

Ignoring Your Foyer
Most guests enter your home through the front door so naturally, you must pay special attention to keeping the floors clean and avoiding the area as a place for backpacks, junk mail, and sports equipment.  Keep the area reserved for representing your home.  A great tip: find a functional rug for wiping dirty shoes at the front door.

Exposed Wires and Cords
In this age of laptops, TVs, gaming systems, and Roku boxes, you are bound to have a tangle of cords and wires lying around the busiest room.  At times, you have to creatively think of way to hide them behind a couch or under the carpet.  Out of sight, out of mind.
rug

Skimping on Furnishings
Invest money in furnishing specifically rugs.  A rule of thumb to remember is that a better quality rug in a bigger size (appropriate to the room) will save you in the long haul.  Rugs are often trampled and cheap rugs don’t hold up as well.  Pairing strategic furniture placement along with a good rug will present a clean, well-maintained room for all to enjoy.

If you enjoyed this article, please follow me on my blog for more home and real estate ideas!  I want to help you to find and create your happy space for you and your family to love for many years.  Please call me at 480-466-8193 if I can help you find the place of your dreams!
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The Do’s and Don’ts of House Hunting

finding-a-home

When you purchase a new home, you are met with a range of emotions.  Excitement. Nervous.  Anticipation.  Overwhelmed.  Whatever you are feeling, buying a home is one of the most important decisions (and investments!) you will ever make.  Stumbling blocks will happen from time to time but research and guidance will inform you along the way.  

Here are some resourceful tips to remember as you begin the process:

Location, Location, Location
This cliqued line is true.  While the potential home tends to be the focus, take a look at the surrounding location.  Research the community to make sure it’s the right location for you (and your family) to ensure that fits your needs and wants.  Factors to consider are school districts, traffic, and convenience.  Most importantly, look at other local community to narrow and finalize your decision.

What do you need?
The average American lives in their home for nine years so think long-term for your needs.  A young couple may think that a small condo will work but as their family begins to grow, the home will feel like it shrunk.  Reflect upon your future goals when looking at homes.  Can you envision your life there in nine years?

Hire an experienced, licensed inspector
The truth is that it’s easy to walk into a home and see all the cosmetic beauty.  However, major issues can be covered up.  When you hire a home inspector, they can uncover potential problems from wiring to plumbing to foundation.  An experienced inspector will explore every inch of the home to ensure you know exactly what you are purchasing.  You should be well-informed about your home investment to avoid stress, time, and money in the future.  The inspector may scare you with what he/she finds but you want to know all about your new home!

Look beyond the furnishings and décor
When you walk into a home, envision the home without the seller’s belongings.  How does the layout and space work for you?  Will it accommodate your lifestyle and what you want in a home?  You want to look for efficiency and function.  For example, an open floor plan with plenty of storage may work for a couple with children than a home with enclosed rooms and limited closet space.

Read between the lines
At times, sellers use persuasive jargon to move their listing.  Be wary of these phrases used to draw you in inspecting an underlying reason.  For example, selling a home “as-is” can usually mean to count lots of work on your end.  A “motivated seller” may wanted to expedite a sell by negotiating on a price but make sure that a thorough inspection has taken place to eliminate pricey factors.  When you read “cozy and charming cottage”, you may translate that to a small home.  Have realistic expectations for listings and see homes for yourself during showing to see if this is the home for you.

Resist purchasing the expensive home in the neighborhood
You won’t get the same return on investment with the biggest house on the block and more than likely, you will find that you may run into obstacles when you decide to sell.  It’s important to consider how this home compares to the other ones in the neighborhood in terms of price and space.  Research to see if other local comparable homes are selling before settling.

Show me the money
The first step before buying is to work a qualified lender that can direct you about the lending products in today’s market.  They will ask you questions and run your credit.  We do not want you to “fall in love” with a home that is beyond your financial means. Sometimes there are items on your credit that you didn’t know were there.  Often, there are down payment assistance programs that can help you.  A lender will the first step in the process.

While the process of finding and purchasing a home can be a long and stressful process, stay persistent in finding the home that right for you.  I’m happy to talk to you about what is on the market and be your source for real estate market.  New homes are always cropping up and I’ll keep you consistently updated.

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