Is price per square foot a good estimator of home value? In my experience working with my clients, price per square foot is one of the most misused statistic. Price per SF in valuing a home can be misleading if used improperly in estimating the value of a home. Often people calculate the price per… Continue reading Price per SF in Valuing a Home Can be Misleading
Category: Home Selling
The Demand For Solar Energy is Heating Up
Take a drive around many neighborhoods and chances are you will see more solar panels on rooftops. Of course, oftentimes these panels are concealed in a way that make them less visible from the street view, depending on the position of the home. Nonetheless, the interest in solar energy is continuing to grow. According to… Continue reading The Demand For Solar Energy is Heating Up
The Importance Of Days On The Market
With homes selling faster than ever and the inventory at record lows, the number of days on the market is a surrogate marker that more buyers are paying attention to. In fact, with homes selling so quickly, it is not uncommon for a home having 14 days or more on the market to be a… Continue reading The Importance Of Days On The Market
The Best Months Of The Year To Sell A Home
As a homeowner, it is important to have a thorough plan when considering listing your home for sale. Of course, the first step in doing this is to hire the appropriate real estate agent that is knowledgeable in your local market and may provide key insights in order to obtain top dollar for your home.… Continue reading The Best Months Of The Year To Sell A Home
Will We See More Home Price Reductions?
Mortgage interest rates have been increasing rapidly in the recent months as the Federal Reserve continues to battle historically high inflation. This has already resulted in mortgage applications being down 6% from a year ago. Needless to say, rapidly rising mortgage interest rates combined with already high home prices is pricing many would-be home buyers… Continue reading Will We See More Home Price Reductions?
Should You Keep or Remove Your Bathtub in Your Home?
Next to the kitchen, the bathroom is the most remodeled room in the home. With home prices skyrocketing over the past two years, many homeowners have opted to remodel as opposed to moving. Although personal preferences and needs should take priority in any remodeling decisions, resale value should also be considered. Regardless of your time… Continue reading Should You Keep or Remove Your Bathtub in Your Home?
Home Features That Can Boost Sales Prices
Although it is certainly a seller’s market, home sellers should always strive to make their properties stand out from the rest. Not only can this result in a quicker sale, it may also lead to a higher sales price. Uncommon home features may not only attract buyers, but also encourage them to pay more for… Continue reading Home Features That Can Boost Sales Prices
The Best Week to List Your House For Sale
You don’t have to read too many real estate articles to know that we have been in a seller’s market for several years now. In fact, a simple quick glance at the articles in this blog will tell a consistent story. The bottom line is that strong buyer demand combined with record low inventory levels… Continue reading The Best Week to List Your House For Sale
Do Pets Impact Homes Listed for Sale?
If you have ever sold a home and have pets, it is likely that your real estate agent recommended hiding your pets and their possessions for showings. Interestingly, a recent study from Quicken Loans found that pets in the property does not negatively impact interest from most buyers. In fact, buyers that also happen to… Continue reading Do Pets Impact Homes Listed for Sale?
What to Expect in the Spring Buying Season
We have officially entered the 3rd spring home buying season since COVID-19 emerged. Although most people did not know what to expect from the housing market as we entered the pandemic, it is safe to say that insatiable demand resulting in skyrocketing prices was not expected by many (or any). As lock downs began to… Continue reading What to Expect in the Spring Buying Season