After initial COVID-related disruptions to the real estate market in March 2020, real estate was declared an essential service. Subsequently, virtual transaction and marketing processes made it possible for buyers and sellers to move forward with home sales. What followed was one of the most active real estate markets in recent memory, with buyer demand far outstripping the availability of listings in markets all over North America.
What Buyers and Sellers Can Expect from the Spring 2021 Market
In 2020, just as the spring market was heating up, it was unceremoniously brought to a standstill by the shutdowns and precautions associated with the COVID-19 pandemic. Since then, both buyers and sellers have seen a host of ups and downs that added up to one of the most active, and in some ways frustrating, real estate markets on record.
How to Make Your Spring Listing Stand Out
Spring is an ideal time to sell a home. It’s a well-known fact that both the number of buyers and inventory increase during the months of April, May, and June. This often means that your house could be paired against stiff competition. Here are some simple real estate tips to help your spring listing stand out!
What to Expect from the Closing Process
When you watch a show on HGTV where an eager young couple is looking for a home, it usually ends when the offer is accepted. In real life, however, that is only the beginning of the story. The closing or escrow process has its own rules and challenges. By being prepared for each step of the process, you’ll be able to stay calm, cool, and collected—even if the unexpected occurs.
Pandemic Home Renovation Trends
In the first days of the COVID-19 pandemic, economists predicted that the market for goods and services would grind to a halt for months or even years to come. However, in reality, the real estate market, including both the selling of homes and the improvement of existing properties, has grown in strength over the intervening months. Even for homeowners who aren’t thinking about selling, home renovation projects are experiencing unprecedented interest and generating robust economic activity.
Should You List Your Home During the Holidays?
Whether you’re big on Halloween parties, planning the perfect Thanksgiving feast, or focusing on the December holiday season, if you’re also planning to sell your home, you may be contemplating holding off until January. After all, nobody buys houses this time of year, do they? In 2020, the answer may very well be “Yes, they do.”
"Does it Come With The House?"
Buying and Selling in the Summer Season
In most markets, the Spring season is the most important time of year for buying or selling a home. However, with stay-at-home orders imposed in many markets by mid-March, some new listings never saw the light of day. In addition, tightening in the mortgage markets and job uncertainty discouraged many buyers from looking for a new home this year.
Top Ten Mistakes Home Sellers Make
Selling your home can be the beginning of an exciting new chapter, whether you are selling to take a new job in a new city, to move to a retirement community, or to upgrade your space for a growing family. However, it comes with its share of challenges—and sometimes sellers create those challenges through problematic assumptions and actions.
The Truth About Selling Your Own Home
A lot of homeowners are convinced that if they’re willing to put in a little more effort on their own, they’ll turn a bigger profit when selling their home. But in most cases, people who sell their own home work too hard and end up with less in their pocket than they would have by getting some help from a real estate agent.