7 Reasons To List Your Home This Holiday Season

7 reasons to list your home this holiday season

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

How Much is Your Davenport FL Home Worth?

Here are seven great reasons not to wait:

1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible.
2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
4. …

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Has There Been a “Trump Bump” in Housing?

Has There Been a “Trump Bump” in Housing?

Unlike the stock market, housing has actually lost steam

Homes for Sale in Davenport FL

A surprise election victory last November brought about uncertainty across some sectors of the economy, including housing, but some parts of the economy – such as the stock market – have seen a sharp rise in performance. However, this “Trump Bump,” as some call it, is missing from the housing market. We find that a majority of U.S. counties’ housing markets have not experienced a “Trump Bump” during Trump’s first year in office. While some housing market indicators – such as building permits – are doing well, others – such as home values, rents, and the…

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What’s on the Horizon for Existing Home Sales?

What’s on the horizon for existing home sales?

Though existing home sales are poised for a comeback in 2018, a few hurdles stand in their way. According to Lawrence Yun, an industry-leading economist, continuing inventory shortages and the GOP’s latest tax bill are prime among them.

Yun, Chief Economist for the National Association of Realtors (NAR), told audiences at the 2017 REALTORS Conference & Expo on Friday that existing home sales should jump about 3.7 percent next year, hitting just under 5.67 million. The median existing home price is forecasted to rise even further–about 5.5 percent, Yun said.

Still, positive indicators aside, according to Yun a number of things could hold the market back in 2018–namely, the tax bill released by the…

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The Incredible Shrinking Yard!

The incredible shrinking yard!

The size of new homes has been growing for decades now, but it’s coming at the expense of yard space

America’s homes are getting bigger, but more space comes at a price: the backyard.

New single family homes are using land relative to home size at near-record levels, even after considering the number of stories homes have.

It’s a trend that has been taking shape for much of the past three decades as lot sizes continue to shrink and home square footage continues to grow. Homes built since 2015 occupy 25% of the land on which they sit, while homes built in 1975 occupy just 13.9%.

Many people like the idea of living in a single-family home and having a yard to call your…

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7 Steps to Take Now if you want to Buy a Home in 2018

With some careful prep work in the next few months, your family could be in a new home by summer.

Now is the time to get things in order for a home search next year.

If you’re thinking about buying a home in 2018, November and December are the perfect time to “warm up” for the house hunt so you can hit the ground running in the new year. And whether you’re looking in Davenport FL, or anywhere else in the U.S., the prep work is relatively the same.

We’ve asked real estate and mortgage professionals to chime in about what prospective homebuyers should do to ready themselves for buying a home. From organizing your finances to save money to finding a real estate agent and mortgage lender, there is plenty to keep you…

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New to Budgeting? Try the 50/20/30 Rule

New to Budgeting? Try the 50/20/30 Rule

Wondering how to budget your money? This simple formula makes it easy.

Managing your money is imperative to help you find the best home within your budget. And no, back of the napkin math won’t cut it. Not only do you need to organize, but you also have to make difficult budgeting decisions about how to spend your cash. This can be overwhelming, but there’s one smart and simple strategy that makes budgeting a breeze. It’s called the 50/20/30 rule, and it can help you track how much you spend and where you can save more, by bucketing your finances into three categories: living essentials, savings, and personal spending. Here’s how it works.

…

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5 Reasons To Hire A Real Estate Professional When Buying Or Selling!

5 Reasons To Hire A Real Estate Professional When Buying Or Selling!

Whether you are buying or selling a home in Central Florida, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

The 5 reasons you NEED a real estate professional in your corner haven’t changed, but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a…

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The #1 Reason To List Your House, NOW!

The #1 reason to list your house, now!

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Reportwhich revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, the opposite is true.

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The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! The inventory of homes for sale has fallen year-over-year for the last 28 months and has had an upward impact on home prices.

NAR’s Chief Economist Lawrence Yun had this to say,

“Home…

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How To Save On A Mortgage Payment Whether Buying Or Selling

How To Save On A Mortgage Payment Whether Buying Or Selling

In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains:

“Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and for much of that time it hasn’t been close.”

It then goes on to ask the question:

“But does the equation change for renters who share their rent with a roommate?”

The report reveals:

“While the standard rent vs. buy analysis reveals buying is cheaper than renting in all of the nation’s 100 largest metros, this doesn’t hold true for those…

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3 Things You Shouldn’t Say To A Seller’s Agent

By Shanon Emerson - Trulia  

When it comes to talking to the seller’s agent at an open house, a little mystery goes a long way.

More isn’t always better — especially when it comes to talking to a seller’s real estate agent. Your buyer’s agent is a guide and advocate in your real estate journey and should know everything about your needs, your desires, and how much house you can afford. But the seller’s agent is an entirely different story, and what you share with them should be minimal.

If you’re buying any of the homes for sale in Davenport, your agent is almost always your voice to the seller. Speaking alone with the seller’s agent doesn’t happen very often, and it’s easy to forget who you’re speaking with — but…

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