What is happening in the real estate market right now?
The market is still moving with Buyers buying and Homes selling
There are less Buyers and Sellers in the market resulting in a net lower sales volume
Before the change in the market there were less Sellers than Buyers. This is still the case for now. This has led to prices not being dropped on listings yet, even though there is less Buyer activity.
Chief Economist of NAR still forecast a rise in price
Don't expect a foreclosure wave due to unemployment with the government's $2 trillion relief package allowed all homeowners with federally backed mortgages to be eligible for up to one year of forbearance (not making a mortgage payment).
Hard to find 4 Bed+Flex 3 Bath home in St. Johns Cty at this price! WON'T LAST! Great open floorplan with 3way split allowing guest to have separate bath in one wing of home & jack-n-jill bath for other 2 bedrooms in another wing.
Easy to clean&stunning wood laminate in living areas & newer carpet in beds!
Chef Kitchen with plenty of countertop for cooking & cabinets for storage plus beautiful stainless steel appliances &room for island!
Oversized Great Room opens from Kitchen & has huge wall to fit biggest plasma tv! Triple slider opens to expanded screen patio for plenty of room to entertain
Selling Your Ponte Vedra Beach or Nocatee Home Can Be a Trick or a Treat
Selling your Ponte Vedra Beach or Nocatee home this fall can be a very rewarding experience or a learning experience. In order to avoid the latter you should follow these tips so your home selling experience is a treat and not a trick.
Tips to making your home sell quicker and for more money!
#1 - Stage Your Home
Home buyers want light & bright floor plans that are without clutter.
Lights - The good news is that you already have lights. You just need to make sure all your light bulbs are functioning and that you have the brightest light bulbs safely allowed.
Clutter - Your buyer is going to be comparing your homes that are staged. But you don't need to
This is an addition to the article "Ask the Experts: What Should Home Sellers Do to Prepare for a Home Inspection?”
1. Don’t hide what isn’t working: If an appliance isn’t working, leave a note that indicates what isn’t working and how you’re getting it fixed. Don’t try to conceal defects because it can make the inspector start to view you as dishonest and wonder what else you’re hiding.
2. Make things accessible:Ensure the location of the attic and crawlspace are identified and easy to access. Don’t make a home inspector move your belongings in order to do his or her job. Also, don't forget to leave keys if you have any of the closets locked up.
3. Check the light bulbs: If a light isn’t working, the inspector needs to
BMO Harris Banks reports that 32% of 18 year old to 34 year old plan to buy in the next 12 months. These are first time buyers and first time move up buyers. So this points toward condos and townhomes being very popular. This also points toward more active areas selling well. This would mean Riverside, San Marco, Southside, Intracoastal West and Jacksonville Beach being very popular areas with this age group due to pricing, restaurants, nightlife and commute time.
The next biggest group is the 35 - 44 year old group which has 21% planning to buy in the next 12 months. School systems tend to be a big draw in this price range. Along with homes with community amenities. So St. Johns County and Clay County will be popular with these home buyers due
When you put your home on the market the key to selling your home is to work with your Realtor in a true partnership. What this means is you need to have open discussions with your realtor regarding their advice and the selling process. What you as a seller may consider as unimportant or not neccessary may be imperative to getting your home sold.
Take into consideration the following issues you may come across in selling your home:
1. Objecting to staging, updating or improving your home if suggested by your Realtor. Your Realtor isn't just suggesting this to get you to spend money. Your Realtor has seen your competition and what has sold. They know what a buyer is looking for in this market and what can be done to put your home more in line with that
Winter is typically our slowest market but not this time! Here are reasons that if you are considering selling now is the time to sell your Ponte Vedra Beach home:
1. Supply is Low but Coming Back
Pricing follows supply and demand. We have seen significant price increases that you should take advantage of before your competition comes on the market.
2. New Construction is Booming
Yes, this goes along with #1. Not only are new homes going to be your compeitition and slow your appreciation down to what the builder raises their prices to. But your home will also be compared to new construction. Just having a clean home may not get it sold quickly. Updates that buyers are seeing in the new homes become standards they want. This
If you really want your marsh landing real estate open house to be a show stopper so you can get your home sold for the best price, you need to prepare ahead of time. In short, there are a few things that will benefit you to take care of so your open house will be the talk of the town:
Clean your home
Sure, this sounds quite obvious. But we mean really clean your home. If you don’t have the time or energy to put into a thorough cleaning, call in cleaning professionals to take care of it – the money spent will almost always be worth it. A really clean home will have clean windows (inside and out), sparkling appliances (inside and out), gleaming countertops, shiny hardwood floors, and freshly polished furniture. An open house is the prime time for…