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Sellers | Blog

Thursday, June 2, 2022   /   by Charlotte Rose

Higher Rates and Short Supply: The State of Real Estate in 2022

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 
But while some had hoped 2022 would bring a return to normalcy, the U.S. real estate market continues to boom, despite rising interest rates and decreasing affordability.
 
So what’s driving this persistent demand? And is there an end in sight?

Here are three factors impacting the real estate market right now. Find out how they could affect you if you’re a current homeowner or plan to buy or sell a home this year.
 
 
MORTGAGE RATES ARE RISING FASTER THAN EXPECTED
 
Over the past couple of years, homebuyers have faced intense competition for new homes—in part due to historically low mortgage rates that were a result of the Federal Reserve’s effort/ ...

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  sellers, home buying, first time home buyers, value, interest rates

Thursday, June 2, 2022   /   by Charlotte Rose

5 Ways to Write a Winning Offer in Today’s Real Estate Market

 
Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1
 
Fortunately, if you’re a buyer struggling to find a home, we have some good news. While it’s true that higher mortgage rates can decrease your purchasing budget, there are additional ways to compete in a hot market.
 
Yes, a high offer price gets attention. But most sellers consider a variety of factors when evaluating an offer. With that in mind, here are five tactics you can utilize to sweeten your proposal and outshine your competition.
 
We can help you weigh the risks and benefits of each tactic and craft a compelling offer designed to get you your dream home—without giving away the farm.
 
1.  Demonstrate Solid Financing
Tt ...

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  sellers, home buying, first time home buyers, interest rates, preapproval

Thursday, June 2, 2022   /   by Charlotte Rose

Seller’s Checklist: A Timeline to Prep Your Home for Sale

 
 
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market.
 
Start by connecting with a real estate agent as soon as possible. Having the eyes and ears of an insightful real estate professional on your side can help you boost your home’s appeal to buyers. What’s more, beginning the preparation process early allows you to tackle repairs and upgrades that can increase your property’s value.
 
Use the checklist below to figure out what other tasks you should complete in the months leading up to listing your home. While everyone’s situation is unique, these guidelines will help you make sure you’re ready to sell when the time is right. Of course, you can always call us if you’re not sure where to start or what to tackle first. We can help customiz8 ...

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  sellers, value, what'smyhomeworth

Friday, September 25, 2020   /   by Charlotte Rose

Move-Up vs. Second Home: Which One Is Right For You?

The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home.
 
According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing so—and 66% would consider moving if they no longer had to commute as often. Some of the top reasons were to gain a dedicated office space (31%), a larger home (30%), and more rooms overall (29%).1
 
And now that virtual school has become a reality for many families, that need for additional space has only intensified. A growing number of buyers are choosing homes further from town as they seek out more room and less congestion. In fact, a recent survey found that nearly 40% of urban dwellers had considered leaving the city because of the COVID-19 outbreak.2
 
But not everyone is permanently sold on suburban or rural life. Instead, some are choosing to purchase a second / ...

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  sellers, home buying, first time home buyers, value, what'smyhomeworth, interest rates, vacation home, second home

Monday, September 21, 2020   /   by Melanie Hollis

The Best Interior Paint Colors when Selling Your Home

The best paint colors for selling your home are neutral colors and earthy tones. This means warm beige, light gray, off-white verging on yellow and white.  
Trendy interior colors include blush pink, true blues and soft pastels. Check out the paint colors of the year for more trending ideas.
For your kitchen, choose a light blue or gray paint. Research shows that homes with this color kitchen sold for almost $2,000 more than homes with white-walled kitchens.  
The Best Paint Color for the Whole House Interior
The most common paint colors to use in every room of your home are neutral colors like gray, beige and white. Ask yourself these questions while selecting paint samples:  
Does it feel warm and inviting?
Does it feel cold or boring?
Can you see the previous color underneath?
Fortunately, there are many neutral colors that make your home feel warm even if they’re usually seen as cool. For example, try greige—this is a warm shad ...

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  sellers