Posted by Betsy Graziano on 3/19/2018

Looking to buy a house in the near future? If your answer is "Yes," you may want to start reviewing housing market data. That way, you can gain the insights that you need to make data-driven decisions throughout the homebuying journey.

Ultimately, there are many housing market data that you'll want to assess as you prepare to buy a house, such as:

1. Mortgage Interest Rates

Mortgage interest rates fluctuate constantly. As such, if mortgage interest rates are low, you may want to move quickly to capitalize on them.

Meeting with banks and credit unions generally is a great idea if you plan to buy a house. These financial institutions can keep you up to date about mortgage interest rates and help you get pre-approved for a mortgage. Then, once you have a mortgage in hand, you'll be ready to pursue your dream house.

2. Average Amount of Time That a House Stays on the Real Estate Market

Differentiating between a buyer's market and a seller's market often can be difficult. Fortunately, if you examine the average amount of time that houses are listed in your city or town, you may be able to determine whether you're preparing to enter a buyer's or seller's market.

In a buyer's market, houses may be listed for many weeks or months before they sell. Also, these houses may be sold below their initial asking prices.

Comparatively, in a seller's market, homes may be available for only days before they sell. Homes that are available in a seller's market may be sold at or above their initial asking prices as well.

3. Prices of Houses in Various Cities and Towns

If you're open to living in a variety of cities or towns, you'll want to evaluate the prices of houses in many areas. That way, you can narrow your house search accordingly.

Oftentimes, homes in big cities are more expensive than those in small towns. On the other hand, big cities may provide quick, easy access to a broad range of attractions and landmarks that you simply won't find in small towns.

If you are ready to check out housing market data and begin a home search, it pays to hire a real estate agent too. In fact, with a real estate agent at your side, you should have no trouble enjoying a quick, seamless homebuying experience.

A real estate agent is happy to provide you with a wealth of housing market data. Plus, a real estate agent will teach you the ins and outs of buying a house. He or she also will keep you up to date about new houses as they become available and negotiate with a seller's agent on your behalf to ensure you can acquire a terrific house at a fair price.

When it comes to buying a house, it helps to be informed. If you assess the aforementioned data, you can obtain comprehensive real estate market insights to help you throughout the homebuying journey.





Posted by Betsy Graziano on 11/13/2017

Want to boost your home's value? Completing home improvement projects enables you to do just that, as you can perform these tasks regularly to maximize the value of your residence. So which home improvement projects should you prioritize? Here's a closer look at three important home improvement tasks that every home seller should consider: 1. Painting the walls. Picking up a can of paint and various paint supplies ensures you can revitalize the walls in any room of your home instantly. Over an extended period of time, the paint on your home's walls may start to chip or peel. However, adding a fresh coat or paint (or two) to your residence's walls serves as an inexpensive way to transform bland, unattractive walls into visually appealing ones. Devoting even a few hours to paint the walls of your home can help you boost your home's value. And ultimately, your new paint job may allowyou to receive multiple offers at or above your asking price, too. 2. Installing a water filtration system. Does your kitchen have a water filtration system? If not, you could be missing out on a golden opportunity to increaseyour residence's value. A water filtration system offers multiple benefits, as it ensures a homebuyer won't necessarily have to worry about buyingbottled water if he or she purchasesyour residence. Plus, this system is one of many features that may help differentiate your home from others in a highly competitive real estate market, thus making your residence that much more appealing to homebuyers. Installing a water filtration usually is fast and easyas well. Furthermore, you won't have to worry about breaking your home improvement budget to complete this project. 3. Cleaning up the front lawn. High grass and weeds will damage your home's curb appeal and may significantly reduce your chances of a quick sale. On the other hand, spending some time mowing the lawn, raking leaves and performing other essential front lawn care tasks can deliver long-lasting benefits. A clean front lawn likely is one of the first things a homebuyer will notice about your home. And home sellerswho are committed to maintaining a pristine front lawn can improve their home's value and their chances of a quick sale. Also, maintaining your front lawn can be easy if you spend even an hourperday performing yard work. Or for those who want to avoid lawn work altogether, professional landscapers typically are available that can keep your front lawn in great shape until your home sells. As a home seller, you'll want to take the necessary steps to up your home's value before you add your home to the real estate market. And with any of the aforementioned home improvement projects, you'll be better equipped to boost the value of your home quickly and efficiently. Stay focused on increasing your home's value consistently and keeping your residence in excellent shape. By doing so, you'll be able to keep your eyes on the prize maximizing your home's value and selling your residence to the highest bidder.