#homeseller

[anitarich]

Townhomes! Are They A Good Choice For First Time Buyers?

Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge. Are townhomes a viable option? And some buyers are making one simple trade-off that’s getting them in the door faster: square footage. According to the National Association of Home Builders (NAHB), 35% of buyers are willing to purchase something smaller to make homeownership happen. And one place you can usually find a smaller footprint (and sometimes better affordability) is in townhomes. Why Townhomes Are Gaining Popularity Townhomes typically cost less than single-family homes due to their more limited size. And that’s a big plus for today’s budget-conscious buyer. As Realtor.com says: "In today's market, affordability remains a key priority for homebuyers, making townhomes an attractive option because they are often priced more reasonably than single-family homes. It makes them especially appealing to first-time homebuyers on a tighter budget . . ." So, if you're trying to buy but feeling stuck because of rising prices, shifting your focus to townhomes could be one way to get into homeownership without maxing out your budget. Builders Are Responding to the Demand Builders have seen buyers’ appetite shift to smaller homes, and they’re adjusting to meet the demand. As Joel Berner, Senior Economist at Realtor.com, explains: "Builders are making a concerted effort to provide smaller, more affordable inventory to the market in a way that the existing-home market cannot. Townhomes are a significant portion of that effort." And the numbers back it up. According to data from Realtor.com, townhomes now make up a bigger share of new construction listings than they did just a couple of years ago (see graph below):

That means, if you’re interested in this type of house, you have more choices than you would have had over the last few years. And more options that are potentially more affordable are definitely a good thing. It should make your search for your first home a bit easier. Is a Townhome Right for You? If you’ve been focused only on more traditional homes with their own yards, an agent can help you explore whether a townhome could work for you. Who knows, you may find out you love the lifestyle. A lot of people do. As an article from the National Association of Realtors (NAR) explains: “Townhomes tend to cost less than single-family detached homes and can be appealing to young professionals who may desire medium-density, walkable neighborhoods.” That’s because they’re lower maintenance, they can provide a sense of community with other residents, and they have their own unique amenities. Not to mention, they give you the chance to start building wealth through homeownership without the upkeep that comes with having your own detached, single-family home. And that can be great for first-time buyers who are a bit worried about the maintenance anyway. But they also come with some other considerations, like dealing with noise through shared walls. If you’re a renter right now, maybe you’re used to that already. But these are the types of things you’ll want to think about. And that’s where an agent’s expertise comes in. They’ll help you weigh the pros and cons, so you understand how a townhome fits into your lifestyle and long-term goals before making your decision. Bottom Line If you're struggling to find a home within your budget, it may be time to expand your search and consider options you haven’t before, like townhomes. Sometimes, compromising a little bit on space is worth it to get your foot in the door. What matters most to you — space, location, or budget? Let’s figure out where you can flex to make homeownership happen.   THE RICH GROUP (818) 632-2258 anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

[disasterblaster]

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Brianna is an experienced Insurance Agent that is able to assist with a wide range of insurance needs, from custom property insurance to auto insurance, specialty insurance, pet insurance, life insurance, and business insurance!

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[theshulergroup]

A home listed “as is” is being sold in its current condition. In other words, the seller will not make any repairs or improvements before closing. Selling your home “as is” comes with both pros and cons: Pro: You’ll skip the expense of possible repairs. Con: You may receive a lower price for your home. Pro: With less prep, you can often list your home faster. Con: It may take longer to sell. Pro: A well-priced, “as is” home can often generate offers. Con: Major issues can make it harder for potential buyers to get financing. There are a lot of factors to consider when deciding to list your home. Call us to discuss the specifics of your situation.

Visit All Things 1034 Knoxbridge Road!

Visit 1034 Knoxbridge Road Website!

Visit Our Blog Today!

Contact Us Today!

Ebby Halliday

The Shuler Group

Billy Shuler

Cell: 972.977.7311

Email: billyshuler@ebby.com

Website: https://www.ebby.com/bio/billyshuler

[kmrealtygroup]

Why You Need an Agent To Set the Right Asking Price

The #1 task sellers struggle with is setting the right asking price for their house.

Without an agent’s help, you may set a price that turns away buyers and takes a long time to sell.

To make sure your house is priced right, let’s connect.

Because, if the price isn’t compelling, it’s not selling.

[nsrealestate]

The Real Story Behind What’s Happening with Home Prices

If you’re wondering what’s going on with home prices lately, you’re definitely not the only one. With so much information out there, it can be hard to figure out your next move.

As a buyer, you might be worried about paying more than you should. And if you're thinking of selling, you might be concerned about not getting the price you're aiming for. 

So, here's a quick breakdown to help clear things up and show you what’s really happening with prices—whether you're thinking about buying or selling. 

Home Price Growth Is Slowing, but Prices Aren’t Falling Nationally

Throughout the country, home price appreciation is moderating. What that means is, prices are still going up, but they're not rising as quickly as they were in recent years. The graph below uses data from Case-Shiller to make the shift from 2023 to 2024 clear:

But rest assured, this doesn't mean home prices are falling. In fact, all the bars in this graph show price growth. So, while you might hear talk of prices cooling, what that really means is they're not climbing as fast as they were when they skyrocketed just a few years ago.

What’s Next for Home Prices? It’s All About Supply and Demand 

You might be curious where prices will go from here. The answer depends on supply and demand, and it’s going to vary by local market.

Nationally, the number of homes for sale is going up, but there still aren’t enough of them to meet today’s buyer demand. That’s keeping upward pressure on prices – even though recent inventory growth has caused that home price appreciation to slow. Danielle Hale, Chief Economist at Realtor.com, said:

“. . . today’s low but quickly improving for-sale inventory has ushered in more market balance than would otherwise be expected . . . This should help home prices maintain a slower pace of growth.” 

And here’s one other thing you may not have considered that could play a role in where prices go from here. Since experts say mortgage rates should continue to decline, it’s likely more buyers will re-enter the market in the months ahead. If demand picks back up, that could make prices climb a bit further.

Why You Should Work with a Local Real Estate Agent 

While national trends give a big-picture view, real estate is always local – especially when it comes to prices. What's happening in your neighborhood might be different from the national average based on what supply and demand look like in your market. That’s why it's crucial to get local insights from a knowledgeable real estate agent.

 As your go-to source for everything related to home prices, a local agent can provide the most current data and trends specific to your area.

So, if you’re planning to sell, they can help you price your house accurately. And when you’re ready to buy, they can find the right home that fits your budget and your needs.

Bottom Line

Home prices are still rising, just not as quickly as before. Whether you’re thinking about buying, selling, or just curious about what your house is worth, let’s connect so you have the personalized guidance you need.

[alvinstrat]

Flat Fee Realtors, Homeseller And Patrick Chee

Personally I am surprised it took so long for a realtor to come up with flat fees. He doesn't just charge flat fees, he also has some process and service innovation in the sense he does not go for viewings (which allows him to charge lower fees), etc.

I ppoke to Patrick once and even told him he could raise his fees slightly if net profit is too low, people should be willing to pay a bit more for a big ticket transaction to a brand they recognise and trust.

He strikes me as an ethical, intelligent and competent realtor though he couldn't afford much formal education when he was young. Homeseller is a great example of authenticity in organic marketing via Tiktok.

Surely other realtors will try to compete with flat fees now. It is a very low barriers to entry sector that is very competitive and hence, branding is key.

Homeseller occupies the space between DIY buyers/sellers and 2% commission agents. It is a very attractive proposition and I believe they are expanding into other countries and real estate services now.

[reagentmaxwell]

Open house alert. First weekend of July 2024. This property is the perfect home to raise a family in. If you can't make it today then come out tomorrow July 7th, 2024 from 12 p.m. to 3 p.m.

View this post on Instagram

A post shared by Chris Maxwell (@reagentmaxwell)

[arizonanativerealtor]

Check out my latest blog post!

[propuptracker]

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[anitarich]

What Can You Expect from this Spring Housing Market?

  Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. 1. There Are More Homes for Sale After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com, active listings are up 27.5% compared to this time last year. Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t returned to pre-pandemic norms (shown in gray), that number is higher than it has been going into the spring market over the past few years (see graph below):

Buyers: This means you have more choices, and you can be more selective. Sellers: With more homes available than in recent years, you’re more likely to find what you’re looking for when you move. And knowing that inventory is still below more normal levels means there will be demand for your home when you sell it, too. 2. Home Price Growth Is Moderating As inventory grows, the pace of home price growth is slowing down – and that will continue into the spring market. This is because prices are driven by supply and demand. When there are more homes for sale, buyers have more options, so there’s less competition for each house. Rising supply and less buyer competition causes price growth to slow, but it should still remain positive in most markets. As Freddie Mac says: “In 2025, we expect the pace of house price appreciation to moderate from the levels seen in 2024, while still maintaining a positive trajectory.” And while prices aren’t dropping at the national level, every market is different. Some areas are seeing stronger price growth, while others are cooling off or even seeing some price declines. Buyers: The slower pace of growth means prices aren’t rising as quickly as before – and that’s a relief. Any home you buy now is likely to appreciate in value over time, helping you build equity. Sellers: While prices are still rising, you might need to adjust your expectations. Overpricing your house in a more balanced market could mean it takes longer to sell. Pricing your house competitively is going to be key to attracting offers. 3. Mortgage Rates Are Stabilizing One of the biggest hurdles for buyers over the past couple of years has been high, volatile mortgage rates. But there’s some good news – overall, they’ve stabilized in recent weeks – and have even declined a bit since the beginning of this year. And while that decrease hasn’t been a big drop, stabilizing mortgage rates has helped make buying a home a bit more predictable. According to Selma Hepp, Chief Economist at CoreLogic: “With the spring homebuying season upon us, the recent improvements in mortgage rates may help invite homebuyers back into the market.” Buyers: When mortgage rates are more stable, it’s easier to plan ahead because you have a better idea of what your future payment might be. But remember, rates will continue to be volatile. So, lean on your agent and your lender to make sure you know what the latest mortgage rate means for you. Sellers: Slightly lower rates that are starting to stabilize are encouraging more buyers to move forward with their plans. That’s good for demand when you’re planning to sell your house. 4. More Buyers Are Returning With more inventory, slowing price growth, and stabilizing mortgage rates, buyers are gaining confidence and coming back into the market. Demand is picking up, and data from the Mortgage Bankers Association (MBA) shows an increase in mortgage applications compared to the start of the year (see graph below):

Buyers: Acting sooner rather than later could be a smart move before your competition heats up even more. Sellers: This is great news for you – more buyers mean a better chance of selling your house quickly. Bottom Line Do you have questions about what the spring market means for you? Let’s connect and talk about how to craft your plan this season. With more homes for sale, slowing price growth, and stabilizing mortgage rates, how will this impact your decision to buy or sell this spring? THE RICH GROUP (818) 632-2258 anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

[disasterblaster]

We had a great time today at the Keller Williams Bold Event!

Thank you to Keller Williams Scranton Wilkes-Barre, Keller Williams Poconos, and Keller Williams Allentown for having us!

#DisasterBlaster #realestate #realtor #home #house #newhome #homebuyer #homeseller #scranton

[theshulergroup]

Waiting for the “perfect” moment to buy or sell a home? Watch for three reasons why there is no such thing. Don’t waste time trying to time the market. Reach out today, and let’s talk about your personal goals and how we can help you reach them.

Visit 10171 W Clover Lane Website!

Visit Our Blog Today!

What’s Your Home Worth?

https://ebby.findbuyers.com/billyshuler

Contact Us Today!

Ebby Halliday

The Shuler Group

Billy Shuler

Cell: 972.977.7311

Email: billyshuler@ebby.com

Website: https://www.ebby.com/bio/billyshule

[kmrealtygroup]

Getting your house ready to sell? Here are a few tips on what you may want to do to prepare.

Focus on making it inviting, showing it’s cared for, and boosting your curb appeal.

If you want specific advice to help your house stand out in our local market, let’s connect.

✅ https://kmrealtygroup.net/contact-us/

[realtorjamier]

When is the Best Time to Sell a Home?

Spring

Seasonally speaking, the spring market is the most popular time to buy and sell.

While May has been touted historically as the best month to sell, in recent years homes listed in March have sold the fastest.

Why sell in spring?

Homebuyers tend to taper off during winter months. Cold weather, holiday obligations, kids in school – for all of these reasons and more, fewer people are actively looking for homes to purchase.

And then comes the turn-around: cabin fever and spring fever stimulate home shopping. The warmer weather with longer days brings people out of winter’s hibernation.

A seller’s energy level tends to rise in the spring. Spring cleaning is a great time to take it up a notch and get your house ready to be put on the market.

Spring’s lush landscaping boosts curb appeal. Blue skies and blooming flowers make for fabulous real estate photos!

Tax refunds give prospective buyers an added boost of consumer confidence.

Summer

Although not as popular as spring, summer is also a popular time to sell. Families with school age children often feel a sense of urgency to move before summer break is over. They also want their children to be settled into a school district since changing schools during the academic year can be disruptive.

During a seller’s market

When there are more potential home buyers than properties available, you are more likely to sell your home fast and may even receive multiple offers resulting in a full- or above-price sale. How can you tell if it’s a seller’s market? If houses aren’t sitting on the market for long (typically less than three to six months) and they are selling for over asking price, it’s probably a great time to sell.

When interest rates are low

Personally or professionally, it makes sense.

Maybe you’ve accepted a new job that makes your current commute unbearable or impossible. Or maybe your current job is now allowing you to work remotely which geographically opens up your location options.

Perhaps you are looking for a change of scenery – from the city to the country or vice versa – or want to move to a different school district.

Have you increased your family size and outgrown your current house? Conversely, are you looking to downsize?

Other personal reasons people consider selling include death (of a spouse), divorce or desperation. If one of these circumstances makes the burden of your home – or mortgage payments – too great, it’s probably time to sell. 

Finances

Has your home gained substantial equity that you’d like to use toward a downpayment on your dream home? Or is it time for retirement and your equity could bring you a nice addition to your retirement account?

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