Every market moves in cycles and the current environment requires a little more work to strike a deal if you’re the seller. As we move into a temporary period favoring the buyer, it’s more important than ever to find an agent who can generate multiple offers and even spark a bidding war. Creating tension between…
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Shutting the front door as you leave for your vacation – whether you’re heading overseas or somewhere in the United States – gives most people cause for pause. They will often ask themselves simple questions: Are all the appliances turned off? Have I locked the back door? Are all the windows secured? It’s a natural…
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Are the walls closing in on you? Does the feeling of a growing family feel almost suffocating? Are the kids getting to an age when it’s not just impractical but emotionally impossible to share a bedroom? Are your parents getting a little old to maintain their own home? If the answer to any of these…
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Investors and landlords wondering about the future value of real estate may find inspiration from new data indicating American property has hit new heights of popularity with foreigners. Investment by international buyers is up 33.2%, according to the National Association of Realtors. They spent $56 billion on 78,100 properties between April 2024 and last March.…
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The median price of an existing American home has hit a record high, increasing 2% year-over-year in June to $435,300. The value of an existing home has increased almost $141,000 in the past five years, according to the latest “Existing-Home Sales Report”, issued by the National Association of Realtors (NAR). Just 12 months ago, the…
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The popularity of sci-fi shows and the fascination with Space Age architecture is alive and well in the United States. Owners seeking to rebuild or remodel their homes continue to explore so-called Space Age designs, or more appropriately retro-futuristic designs that now come with all the energy-saving technologies developed over the past decade. Back in…
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Many owners work incredibly hard to prepare their homes for sale, but sometimes the end result is a presentation that feels a little lackluster or is missing an essential spark. It’s not always easy to put your finger on the problem. The owner has followed all the basic guidelines for decluttering and depersonalizing, yet something…
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It’s not too late to catch the late wave of summer buyers as prices continue to strengthen. Our neighborhood has seen a strong summer given the economic conditions, which have been dominated by interest rates staying stubbornly high at around 6.75%, according to Freddie Mac. However, the market is nicely balanced with buyers willing to…
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If you’re looking to downsize, you may enjoy a somewhat tongue-in-cheek analysis from the web portal Zillow, which has looked at some of the most extreme amenities being offered inside apartment and condo complexes. They go far beyond the old-school “pool and spa” pitch. And tennis courts . . . meh. Choosing to downsize in…
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Knowing your buyer is an essential part of executing a successful property transaction – and every seller should expect their agent to have an intimate knowledge of their target market. With GenZ and Millennials either buying their first homes or upgrading to a second, they have become an important part of the market. While most…
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