Home prices are up so it’s a good time to sell. But the market is tight because inventory is so low, so where will you buy once you sell? Faced with this very dilemma, plus other factors such as loving their neighborhood or not wanting to leave their children’s school district, many homeowners are opting to remodel their homes rather than sell. In fact, a team of Harvard researchers estimate that spending on home improvement projects will jump nearly 7% by the end of June.
The arrival of fall brings many things, including cooler weather, an obsession for hot beverages and lots of scarves. Unfortunately, the cooler months also bring seasonal colds, allergies and flus that can easily take us down. And with the kids back in school, germs can spread faster than ever (cue more hot beverages, and more scarves).
Buying, First Time Buyer, Investment Property, Real Estate Broker, Home Technology, Real Estate Market Trends
Searching for the perfect home online is easier than ever. As a buyer, whether or not you realize it, browsing countless listings on the internet has given you a lot of knowledge you may not have had years ago (or at least, not until much later in the buying process). So when it comes to your real estate education, where’s your comfort zone?
Our recent wind storms got me thinking about emergency preparedness. So did the New Yorker article, The Really Big One, but that’s another story. What I determined after almost 2 days without power, was that I wasn’t ready for even a minor storm or inconvenience. Since then I have hopped into action, and it wasn’t as hard as I thought.
So, you want to buy a home and you’ve done all the right things in the right order. You’re pre-approved for a mortgage, you found a local real estate broker, and together you have made a coordinated effort to employ all available options to find the perfect home: A comprehensive online search, exhaustive neighborhood research, open house tours every weekend, private showings, and you’ve finally found THE ONE! Now all you need to do is open the Purchase & Sale Agreement that your broker sent via email, choose a cool font for your electronic signature, click through the contract where it tells you to sign…SO SLICK!...takes just a few minutes and it’s all done! As soon as the sellers sign you’ve bought yourself a house!
Social proof – we hear about it a lot lately. But what does it really mean? Social proof is a psychological phenomenon where people model their behavior to match those around them – friends and strangers alike. With nearly 70% of people doing research online prior to making a major purchase, you may have more influence than you realize.
Twice a year when the Seattle Home Show rolls into town, visions of kitchen renovations, spa-like master bath transformations and ordinary fix-ups soon dance in the heads of homeowners like me. Thank goodness this consumer carnival is biannual – we mere mortal mortgagees couldn’t take its amusements and eye-candy exhibits more often.