By Evan Wyloge
If the housing market of just a year ago still seemed to be moving at quantum speed, today it’s more akin to an interminable traffic jam—with no exit ramps or HOV lanes in sight.
As higher mortgage rates have made buying a home ever more expensive, the pool of buyers who can afford to purchase real estate has dried up. Nationally, the number of existing-home sales plummeted 36% in November compared with a year earlier, according to a Realtor.com® analysis of CoreLogic data. (The data did not include sales of new-construction homes.) There were 395,000 sales in November 2021 compared with 251,000 one year later.
So home...
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There was a point, not too long ago, when buying a house was fairly straightforward: You’d schedule some tours, make an offer, and boom, you’re in the house before you know it.🏡
Today, though, the housing market is a very different animal—fast, ferocious, and ever-changing. In such an environment, it’s no longer a given that all homebuyers will easily find a house and seal the deal. And even more surprisingly, those lucky folks who do succeed aren’t just sitting on piles of cash. On the contrary, real estate agents and other experts we spoke to say that successful homebuyers today simply possess a particular mindset and behaviors that...
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Here are some great tips from a company called Moving Game Plans! ✅
Moving with children can be an overwhelming prospect, but it doesn't have to be! With a bit of planning and preparation, you can make the move smoother and easier for everyone involved. Here are six tips to help ease the transition for all family members when moving with kids: 👨👩👧👦
1. Communicate With Your Kids: Moving with kids can be a great experience, but it's also important to remember that it can be an unsettling time for them. Before and during the move, talk to your children about what will happen and why you...
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Thinking of taking the next BIG step with your partner?! 💑 We recommend clearing the air 🌬️ before starting your house-hunting journey 🏡
:::Things To Discuss:::
📐 Features: The number of bedrooms, bathrooms and layout can make a big difference in your day-to-day life. Does one of you want a larger suburban home to grow into and the other a low-maintenance bungalow in the city?
📍 Location & Lifestyle: What will commuting look like for each of you? Where are your interests and hobbies located, and do they differ?
💳 Credit Score: Does one of you have great credit and the other… well, not so much? Discuss how this could impact...
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One of the biggest missteps sellers make is pricing their home too high.
Starting too high can cause a downward spiral that looks a little like this:
⬇️ Buyers avoid setting up tours of your property
⬇️ Your home sits on the market for weeks with little to no activity
⬇️ Eventually, you’re forced to drop your price in desperation
Fortunately, you can avoid this scenario in three easy steps.
Contact us for a free home value assessment!
📲 415-302-3198
📩 jenn@jennpfeiffer.com...
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4 Home Security Tips While You Travel ✈️
✅ Invest in a smart security system
✅ Ask a friend to stop by
✅ Bolt your garage door
✅ Stay silent on social media
Protect your property while you travel this summer.
Beyond locking your doors and leaving a light on, you can utilize these tips to secure your castle while you vacation.
Don’t let your dream vacation turn into your worst nightmare. With a little preparation, you can thwart thieves and safeguard your home while you’re away.
Do you have any tips or tricks to keep your home safe while traveling?
Comment below!
📍Greenbrae, Marin County | License # 01339863
#SafeVacationTips #HomeSafety #HomeSecurity #TravelTips #VacationHacks #RealEstateTips #SecurityTips #RealEstate...
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It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying.
When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. It’s a worthwhile investment that can save you money in the long run, either by warning you away from a bad purchase or by providing a list of deficiencies you can use to negotiate with the sellers.
However, many buyers make mistakes...
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What is a bridge loan?
This short-term financing option can help you bridge the gap between buying a new home and selling your old one. It enables you to tap into your existing home equity before you’ve sold.
However, there are some issues to consider before you apply for a bridge loan:
👉 The interest rates and fees are usually higher than typical home loans.
👉 The equity from your current home will be used to secure the loan.
👉 The credit requirements are often greater for bridge loans than for standard financing.
If you think you may need to “bridge the gap” between buying a new home and selling your current one,...
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Make your home appealing to potential buyers with these 3 simple design tips.
1️⃣ Give your interior a fresh coat of paint. Remember that neutrals are best for selling.
2️⃣ Update your landscaping. This gives buyers a great first impression.
3️⃣ Stage your furniture. Data show that staged homes sell faster and for more money.
While these three steps are helpful, there are likely a few more things you can do to maximize your property’s sales potential.
Contact us for a free, customized assessment of your home!
📲 415-302-3198
📩 jenn@jennpfeiffer.com
...
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Long-Term vs Short-Term Rentals 🏡
If you currently have significant equity 💸 in your home, let’s talk about how you could put that equity to work 💪 by funding the purchase of an investment property.
Which is right for you 👇
Short-Term Rentals:
⚡ Steady demand
⚡ You can still enjoy the home yourself
⚡ You can adjust your rental price seasonally
Long-Term Rentals:
⚡ Consistent cash flow
⚡ Less day-to-day maintenance
⚡ Tenants pay utilities
Want to learn more about growing 🌱 your net worth 💰 through real estate? Give us a call!
📩 jenn@jennpfeiffer.com
📲 415-302-3198...
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