While many potential homebuyers have been knocked out of the market by higher mortgage interest rates and home prices, there’s hope on the horizon that they’ll have better luck in 2024.
Cold weather won’t deter a motivated homebuyer. Corporate relocations often take place before the new year and those employees want to find a home now. Buyers want to get their children enrolled in school before the second semester begins. Homebuyers may feel they have a better chance of finding a home while their competitors nest at home until the snow melts.
Interior designers have great ideas to make your home look more expensive, while real estate professionals know how to make your home more appealing to homebuyers. You can take advantage of both worlds of experience to sell your home faster and for more money.
According to the National Association of REALTORS®, late October to mid-November is the perfect time to plant, weed, prune, and mulch, so your yard looks nicer and your plants will be protected during the winter.
According to the National Association of REALTORS®, real estate professionals aren’t allowed to violate fair housing laws by giving their opinions about the quality of schools or steering their clients toward or away from certain schools. This has enhanced significance in lieu of recent battles over classroom curriculum, book bans, charter schools, the loss of qualified teachers, county school consolidations, and more. Real estate practitioners may have children in school themselves, but they have chosen that school for a reason, perhaps their child’s preferences and abilities. They can introduce you to homes to buy or rent, which is their expertise, but they’re not able to help you pick out a school or recommend an educational environment for your child.
When you see the word prefab, what’s your initial impression? Good, bad, indifferent? If your first thought was a “trailer” made with shoddy stapled construction, vulnerable to serious weather events and tacky neighborhoods, you’d be mistaken. That’s the past. Would you be surprised to learn that the prefab homes of today are not only competitive with traditional stick-built homes, they’ve edged ahead in many areas including speed and quality of construction, affordability, and custom home-level styling?
Rethinking Your Homes Extra Land as a Second Source of Income
When you think of raw land, it’s likely farming and ranching come to mind, but when you bought your acreage, did you really want to become a farmer or rancher? Maybe you just wanted enough land around your homestead or vacation property to enjoy the sounds and beauty of nature, far from road traffic, nosy neighbors, and the cacophony of the city. Now that you’ve got that, you may be reassessing ways your extra land can be used to make you money—besides waiting for slow value appreciation.
For many homeowners, keeping grass watered, fertilized, weeded, mowed and edged is a lot of work, and while a well-manicured lawn is beautiful, grass is losing ground, pardon the pun, to more environmentally friendly solutions. Attitudes are changing about other landscaping staples too, and some may surprise you.
Home Improvements that are Less Likely to Increase Your Property Value
There are two ways your property can lose value – events that are beyond your control and factors within your control. You may not be able to do much about conditions that impact the market such as rising interest rates, job losses in your area, foreclosures or other negative changes in the neighborhood, but you can do something about the condition of your property.
They make it look so easy on TV. Buy a house, fix it up, and resell it for a big profit. But that’s easier said than done. Here’s what you’ll really need to be a successful home flipper:
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