Wednesday, July 14, 2021 / by Flr Team
As everyone knows, the housing market has been pretty good for the first half of the year. For the second half, it is looking to remain positive which contributes as to why there may not be a better time to sell than right now.
Here are four things to consider if you’re trying to decide if now is the best time to make a move.
Your House Will Move Quickly
The average days on market are a strong indicator of buyer competition, and of course, homes selling quickly are a great sign for sellers. It is also a huge indicator that buyers are motivated to do what it takes to buy their dream home.
Buyers Are Willing To Compete For Your House
While homes are selling fast, they are also receiving multiple offers. According to the National Association of Realtors, sellers are seeing an average of 5 competitive offers.
When Supply Is Low, Your House is in the Spotlight
One of the biggest challenges for motivated buyers is the amount of buyers vs the amount of homes for sal ...
Read More
Friday, July 9, 2021 / by Flr Team
Selling your home is a time consuming process, especially for those who think they can do it on their own, known as For Sale By Owner (FSBO). The involvement is a highly detailed process that requires a lot of expertise and knowledge to navigate it effectively. From gathering information through market research to reviewing legal documents, handling negotiations, and more.
To help you better understand the lengthy process or how much time and effort it takes to sell your own home, here are a few things you need to think about before putting that ‘For Sale’ sign up in the yard.
1. Making a Good First Impression: While it may sound elementary, there are a lot of proven best practices to consider when preparing a house for sale.
-Do you need to take down any of the personal art?
-What’s the right amount of landscaping to boost your curb appeal?
-What wall colors are most appealing to buyers?
Some may try to do this on their own, but you might invest capit; ...
Read More
Wednesday, June 30, 2021 / by Flr Team
When it comes down to buying a home, you look for the perfect place to call home that fits your lifestyle. The problem is, in today’s market there are just not enough homes available to purchase. With inventory remaining low while the buyer demand continues to stay strong, a multi-offer scenario is the new normal. Here are five things you should keep in mind when you’re ready to make an offer on a new place.
Know Your Numbers
Having a complete understanding of your budget and how much house you can actually afford. That’s why you should connect with a lender to get a pre-approval for a loan early in the home buying process. This also shows sellers you’re a serious, qualified buyer.
Brace for a Fast Pace
Today’s housing market is fast-paced. According to the Realtors Confidence Index from the National Association of Realtors (NAR), the average home is on the market for just 17 days- that means from start to finish, a house for sale in today&rs ...
Read More
Monday, June 21, 2021 / by Jackie Griffin
A friend of mine showed me a quilt she was making and I thought, "one day when I'm older, I would like to do that, but am not yet old enough." Well, that day came when she gave me a gift of a panel. I had to ask, "what is a panel?" This was only the beginning of my education.
Soon after, I went to a quilt store with my friend. She told the ladies there that I was just starting to quilt. They responded with "run while you can!" We all laughed, but now I know exactly what they meant. I love it, and have fallen deep into the pit.
For those who don't know quilting lingo, each pattern has a name. One of the very first quilts I made, in the 2nd photo, was for my sister who has cancer. This pattern is called Yellow Brick Road, which is a very common pattern in quilting.
To get started, you pick your fabrics and cut pieces out per the pattern directions. Once done, you sew them all back together per the layout of the quilt design. So in essence, you take a perfectly good fabric 6 ...
Read More
Wednesday, June 16, 2021 / by Flr Team
In today’s housing market, prices are driven by the simple concept of supply and demand. The price of any item is determined by how many items are available compared to how many people actually want to buy them.
As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale are still at a historic low causing home price appreciation to continue to accelerate.
May 2021 proved that even with this exhausting and competitive buyers market, there is simply no slowing down. Thirty-nine of the fifty states saw increases in inventory over the last month. This may be evidence that homeowners who were afraid to let buyers in their homes during the pandemic are now putting their homes up for sale.
In addition, many buyers are offering over-asking price, and adjusting their search by 50k-100k to accommodate their bidding potential. The same people are concerned by the rapid pric; ...
Read More
