My Home Sale Journey
Selling a home is a big decision and if you're thinking about it now, congratulations, you have succeeded in Step 1 - Consideration (also, now is a great time to sell so kudos to you). Now there is the dilemma some people face of whether or not to work with an agent or do for sale by owner. I'm here to tell you MY experience with this quandary and what worked for me. Read on!
My husband and I bought our house in 2016 when the market was white hot. There was limited inventory but we got a great interest rate and found exactly what we were looking for - a small, quirky, little first home that was perfect for where we were in our life. But as time went on and our family started to grow, we felt a need for a little more space, so we decided to sell. A little back story - this house had become so much more than a house for us. This was the...
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities.
Selling in the winter can give you a few advantages. There will be fewer houses on the market since most people assume winter is a bad time to sell. This gives...
As homes sales decreased due to lack of inventory across the nation, Austin has stayed in it’s own bubble and proven to have its own market trends. What those trends tell us is that the next 2-3 weeks will be critical if you’ve considered selling. Although we continue to see steady action throughout the year, sales tend to slow down compared to now, at the “height of the season”. Once the fireworks sound off for 4th of July, home sales tend to quiet down.
In your favor now: there’s a prime audience of buyers. With summer breaks and out of town visitors, people are actively shopping. That window of time dwindles as everyone gets back to reality.
What you’ll want to note with the market statistics below from June-August 2016 is the fluctuation in median price for single-family homes and pending sales. A decrease in pending sales between these months shows us the slowing down...
In the Four Points area, educated DIYers may question the idea of paying a listing and buying commission in a home sale. It is a significant amount of money.
Some may opt to go the “For Sale By Owner” or FSBO route – phonetically pronounced fis-bo in the real estate industry.
But often understanding the entire value proposition may go unknown due to the amount of work done behind the scenes.
People want their homes sold without complications and a good realtor will ensure that happens with little involvement from the client.
For anyone considering listing their own home, here are a few tasks to ensure your transaction closes smoothly.
Value proposition: Understand the condition of your home and how to showcase its finest features. Make sure that you get the appropriate amount of money for your home – do not leave money on the table. According...
Clients ask all the time, is traffic hurting the Four Points Area? The honest answer is “yes.” It is a topic that has become the “elephant in the room” or in this case, the “elephant on the road.” It does affect home sales in our area however, not any more than in any other growing city.
Forbes ranked Austin 4th on the list of most congested U.S. cities. Yet, Austin is also ranked:
- #1 fastest growing city
- #4 safest city in the U.S. (with population over 500,000)
- #1 economy in the country
- #6 high-tech city, just to name a few.
Traffic is the downside to a thriving metropolis. Go to Paris, Boston, San Francisco – all with horrible traffic yet people still live there, want to go there and their home values still rise.
Clients from other major cities do not...
A common misconception about real estate is that homes do not sell during the holiday season. Typically consumers think that the market is slowest due to holiday festivities however, numbers in our area disprove that theory. Last year in Steiner Ranch, 16 homes sold in the month of December and 19 homes sold in December of 2012. Comparatively, those numbers are higher than in March of 2014 when only 15 homes sold.
Historically, interest rates tend to drop at the end of the year. Currently, the rates are back under 4%. This is the lowest they have been since summer of 2013. It is a beneficial time for perspective buyers to take advantage of these new rates. Lower rates bring out more buyers. In addition, perspective buyers who purchase at the end of year receive tax credits.
There are many variables that come into play when deciding to invest in a particular house. One very important factor is the school(s) associated with your home. Whether you have school aged children or not, potential buyers may, so it is a factor to be considered for resale.
The Leander Independent School District is named a “Recognized” district by the Texas Education Agency. Leander ISD is renown for its high academic standards as well as its outstanding athletics. LISD is approximately 225 miles and includes Leander, Cedar Park, Jonestown (Williamson County) and Northwest Austin (Travis Country). LISD is composed of six high schools, eight middle schools and twenty-four elementary schools.
The Four Points Area is a beautiful area located...
When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home.
1. Begin with a Right-Sized Home.
If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset.
2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave.
And especially the refrigerator, as it alone contributes about 10 percent of the energy use in a home. Also, unplug electronics not in use or turn off power strips to avoid phantom charges.
3. Install Efficient Lighting Such as Compact Flourescent (CLF) or LED Bulbs in Every Fixture.
Lighting accounts for about...