As summer draws to a close, the Central Florida real estate market displays signs of cooling. The Orlando Regional REALTOR® Association's recent data release sheds light on this transition, indicating notable shifts as the fall season approaches. State of the Market Inventory Dynamics: The inventory for August stood at 6,115, reflecting a 6.9% increase from July's figure of 5,720 homes. New...
Maximizing the value of your house when selling is a common goal for homeowners. However, not all improvements and repairs are worth the time and money invested. To help you make informed decisions and avoid unnecessary expenses, we have compiled a list of fixes and repairs that you can likely skip. By following these guidelines, you can save both time and money, ultimately ensuring a successful...
The Orlando real estate market continues to shine as we head into the summer months. With a surge in sales and rising prices, both buyers and sellers have reasons to be optimistic. Let's take a closer look at the state of the market and the latest trends shaping the Orlando housing scene. Sales and Prices on the Rise May witnessed a remarkable 13.9% increase in overall sales compared to...
Selling your home quickly and for the best possible price can be a challenging process, but with these seven expert strategies, you can achieve both goals! 1. MASTER THE ART OF PRICING Photo by David McBee on Pexels.com Discovering the Goldilocks zone of home pricing is essential to attract buyers without sacrificing your equity. Work closely with your real estate agent, considering market...
You are about to list your home for sale, and you're wondering...does staging matter? These days listing a home may mean staging it. But does staging really make your house sell faster, or for more money? The truth is that it depends on what's in the home, its condition, and its location. Here’s where staging helps: 1. Don't sell an empty house Staging can help an empty house sell faster, which...
Avoid these five home-showing mistakes if you want buyers’ hearts to beat faster when they see your home. So you're about to put your home on the market? In that case, I assume you want to take every legal and ethical advantage to sell your home for top dollar without dropping your price. To do that, you need just ONE thing: An eager, qualified, and willing buyer. The good news is that buyer is...
In real estate, the asking price is often as much about psychology as it is about reality. For example, take the strategy of pricing your home below market value... "I priced my home $9,000 under the market," says Rebecca Ricci. "It was a gamble, but my home was unique. People either love it or hate it. Also, the market was flat. Houses were starting to set on the market a little longer." The lower...
“Refinancing” is a scary word for many people, but that shouldn’t be the case for you. For many homeowners, refinancing can not only lower your monthly payments and help with your monthly budget, but it can save you thousands of dollars in the long run. Refinancing your mortgage is something most homeowners consider at least once throughout the lifespan of their home loan. It allows you to pay...
Photo by Daniel Joseph Petty on Pexels.com In April, Canada's finance minister announced a two-year ban on foreign home buying, as well as higher taxes for people who sell their homes within a year (with qualifying exceptions). Also in April, the island of Oahu in Hawaii passed a law nearly eliminating short-term rentals, now requiring minimum stays of 90 days in all but a few situations. Many...
A few years ago, I watched a reality TV show about a home inspector who went to homes that had already been inspected. He always found all sorts of problems that the original inspector had missed. I was struck by one important thing about that show: The TV version of an inspector was poking holes in walls to look at the wiring, ripping out siding to look for mold underneath, digging up the yard to peek...
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