With Inventory Low: Will Your Dream Home Need Some TLC?

According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!

Realtor.com’s Chief Economist, Danielle Hale, pointed to low-inventory at the entry-level price range for the increase in willingness to renovate.

“The combination of rising home prices and limited entry-level homes for sale is prompting many home shoppers to consider homes that need renovating.

Replete with inspiration at their fingertips – like Pinterest, Instagram, and various home renovation TV shows – some home…

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Tackle these 6 major areas, and potential buyers will be able to envision themselves living there 

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If you’re more than familiar with this situation, we’re here to make it easy for you. Below you’ll find a checklist to get you through staging without any fuss.

1. Declutter

Photo by Douglas Sheppard on Unsplash

Less is more! Make the buyers feel like they are walking into their home. From the moment they walk through the door, do your best to help them envision their life in the home.

Declutter the following:

  • Make the foyer open and welcoming.
  • Hide keys and random items that might have been emptied from the residents pockets as we tend to do when we walk through…

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Winter Haven Florida Real Estate Market Report

Home to the largest Lego-themed vacationing spot “Lego Land Resort”, and various other water themed attractions, Winter Haven poses as an exciting investment for families looking for properties for sale in the area. Featuring a chain of lakes and striking wetlands converted to a thriving eco-tourism industry; Winter Haven, Florida has become an expanding hub of economic activity, generating up to $300 billion per year.

Over the past year, median home values in Winter Haven have risen 8.1%, and for now, the median home value is $166,000. The gradual descent trajectory that Winter Haven’s real estate market had taken in the early 2010s plateaued between the years 2012 – 2013. Since then the market has been increasing and is expected to further rise…

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By Clare Trapasso | Mar 14, 2019 best-week-to-listkiddy0265/iStock

For the past few years, home sellers have been in the driver's seat. With hordes of buyers fighting over a very limited supply of properties, many homes sold in days—and landed their sellers a windfall. But lately, sellers have been getting nostalgic for the good ol' days as the market has slowed down, with residences taking longer to sell and some even having their price cut.

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So sellers angling to unload their abodes fast—and for a boatload of cash—might pin their hopes on the first week of April. The week of March 31 to April 6 was deemed the best time to put a home on the market, according to a recent realtor.com®…

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Reclaim the space in your home with these tips for selling, donating, recycling, and disposing of things you no longer need or want

By Consumer Reports

If you are looking to prepare your Home for Selling, or you just want to clean out the clutter, here's how to expand your attic, basement, bedroom, closets, counter space, garage, and/or shelving without paying a dime to a contractor. Sell, donate, recycle, or otherwise get rid of stuff that you no longer want, that others could use, and that's hijacking space in your home. But before we get to all the stuff around your home, here's advice on how to eliminate two nuisances from your everyday life. 

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Around the House

…

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8 decluttering tips that'll take your listing from hot mess to shining success

Clutter can mean the difference between a home that sits and a home that sells — these tips will ensure your listing moves BY CARA AMEER

It seems hardly a day goes by that we aren’t reminded of how crucial it is for us to use the latest tech, step up our “concierge” game and become neighborhood experts if we want successful longevity in this industry.

Those things are important — and they work — but it’s equally important to focus on the nitty gritty minutiae of every home sale. I’m talking about getting down to basics and mastering the simplest way to help get your listings off the market.

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It all starts with decluttering.

When marketing any…

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seller home maintenance checklist Proactive is the buzzword when addressing both cosmetic and mechanical components of a listing BY CARA AMEER

It’s that time of year again, the 2019 selling season is upon us. If you have clients getting ready to put their home on the market, the task list to prep for the market can seem endless.

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To make it easy, we’ve compiled a home maintenance list for you of the seven things sellers should do before putting that for sale sign in the ground.

Spruce up the exterior

JuneJ / Shutterstock

Let’s face it, the exterior of the property is the first thing a buyer will see whether online or driving by. Now is the time to make sure it looks its best.

Walk around the entire…

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Buyer Demand Surging as Spring Market Begins

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade.

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However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available).

Both the ShowingTime Showing Index and the National Association of REALTORS Buyer Traffic Index show that buyer demand has increased in each of the last three months.

Why the increase in demand? Increased buying power.

According to the National Association of Realtors’ Economists’ Outlook Blog, purchasing a…

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Orlando's median home price and inventory
maintain upward pattern in March 

 

April 2019 Recap

The Orlando housing market enjoyed a 2% increase in median price for the month of March, while year-over-year inventory rose 5% and experienced its fifth consecutive month of increase. Sales dropped 11% compared to last year.

However, Orlando home sales of all types leapt 30% compared to last month and condo sales soared a whopping 42 percent over February.

“Sales traditionally increase from month to month as the spring/summer homebuying season progresses. This year it appears that a powerful combination of more inventory and steady interest rates is driving a stronger-than-usual surge in buyer confidence,” says…

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Photo Courtesy of Pixabay

There’s no getting around the fact that investing in a fixer-upper home is a gamble. They come with built-in problems that you, as a homeowner, have to correct. Sometimes, one problem just leads to another problem, then another. Even if you have a “project” home carefully inspected, you may still experience deep-seated issues that seem to come out of nowhere, leaving you in possession of what’s commonly called a money pit. On the other hand, you could reap tremendous financial benefits if you succeed in transforming a fixer-upper into an appealing property in a good location. You may even put yourself in a situation so profitable that it will transform your financial situation and set you on the road to a solid financial…

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