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Three Ways Low Inventory Is a Win for Sellers
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s available for sale, it’s a great time for homeowners to sell their house. Here are three ways low inventory can help you win if you’re ready to make a move this fall. 1. Higher Prices With so many more buyers in the market than homes available for sale, homebuyers are frequently entering into bidding wars for the houses they want to purchase. This buyer competition drives home prices up. As a seller,...
Buyers Are Finding More Space in the Luxury Home Market
A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market. The Institute for Luxury Home Marketing (ILHM) explains: “With quarantine concerns still top of mind for many luxury buyers, we see large, sprawling estates making their comeback.For instance, the last six months have seen a resurgence in the buying of mega mansions and estate-size homes – specifically properties that offer space (both inside and outside), separate home offices, gyms, and...
Free Guide: Things to Consider When Selling Your House
ARE YOU THINKING ABOUT SELLING YOUR HOUSE SOON? It’s difficult to know when is the best time to sell, or how to get the most money for your house, but you don’t need to go through the process alone. You may be wondering if prices are projected to rise or fall…or how much competition you may be facing in your market. The Free eGuide below will answer many of your questions and likely bring up a few things you haven’t even thought about yet. INSIDE: Current market data and forecast for the rest of the yearHow to leverage your equityHow to prepare your house to sellHow to use today’s technology to maximize your sale priceHow to price your house so it sells Simply fill out the form below to receive your copy of the eGuide, and feel free to get in touch if you have any...
Why Selling this Fall May Be Your Best Move
If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market ShowingTime, a leading real estate showing software and market stat service provider, just reportedthat buyer traffic jumped 60.7% compared to this time last year. That’s a huge increase. It’s clear that buyers are ready, willing, and able to purchase – and they’re in the market right now. In many regions of the country, multiple buyers are entering bidding wars to compete for the home they want. Take advantage of the buyer activity currently in the market so you can sell your house in the most favorable terms. 2. There Are Not Enough Homes for Sale In...
How to Increase Your Home Equity and Why It is Important
What is home equity and why do I need it? This is a common question, but an important one. Building equity is a large part of owning a home because it can build wealth over time.
2020 September Real Estate and Mortgage Trends – San Diego, California
Breaking news made headlines this month in real estate. Entering the fall season, the housing market is expected to hold strong. Here are the current market trends.
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Rancho Santa Fe, CA 92067
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