March 11, 2019

5 Mistakes That Could Hurt Your Chances of Buying a Home

There are five important mistakes that every homebuyer should avoid making in 2019.

Selling a home? Click here to get a home value report.

Looking to buy a home? Click here to search all homes.

 

If you’re planning to enter the market to buy a home in 2019, you’d do well to avoid making these five critical mistakes:

 

1. Thinking that you need to put 20% down. Astonishingly, 49% of renters think that they need to put 20% down in order to buy a home. However, there are plenty of first-time homebuyer programs that require little, if any, money down. Depending on the program, 3% to 5% down is all you may need.

"Unless you’re working with a designer who will build you a custom home, there’s no such thing as a perfect home

 

2. Working with an amateur agent. You might have the urge to support your friend or family member who has a real estate license, but if that person also has a full-time job somewhere else, chances are they don’t have the expertise that you really need to rely on when it comes to making such an important decision.

 

3. Thinking you’ll find the perfect house. Here’s the truth: Unless you’re working with a designer who will build you a custom home, there’s no such thing as a perfect home. You need to have a reasonable expectation of what your budget can sustain, and you also need to be able to make some trade-offs.

 

4. Writing an offer in the hopes of getting a counteroffer. Over the years, I can’t tell you how many clients I’ve worked with have done this, thinking it might be a powerful way to negotiate. Ultimately, they often lost out on that property and the opportunity it presented. Instead, write an offer for acceptance.

 

5. Removing all emotions from the homebuying process. We don’t need you to be overly emotional when it comes to finding a home, but there is a lot of value in acknowledging some of the emotions you have about a property.

 

If you have any questions about this or other real estate topics, please feel free to reach out to me. We welcome any comments, feedback, or suggestions for future video topics.

 

Posted in Buyer Tips
March 6, 2019

647 Navigator Drive - Sale Pending!

Posted in Listings
Feb. 22, 2019

The 4 Things You Must Do to Sell Your Home Fast

There’s no need to let your home sit for months on the market. Instead, follow these four tips.

Selling a home? Click here to get a home value report.

Looking to buy a home? Click here to search all homes.

 

Let’s jump right into the four things you need to do if you want to sell your home quickly:

 

1. Prepare your home for sale and make it move-in ready. Buyers want to feel like all they need to do is pack up and move in. Don’t be worried about spending money on fixes: You’ll likely be surprised at the positive return on investment you can receive by making repairs.

 

2. Get professional photography. No cell phone cameras here! Hire a professional who has the right equipment and knows how to use the angles and lighting needed to highlight your home.

 

3. Clean your home. You want people to come through and notice how sparkling clean your home is. Especially make sure to remove any personal items, clutter, and pet hair and odor.

 

4. Reach millennial homebuyers. Millennials now make up the largest group of homebuyers in the country. You need to reach them online and through social media, as well as highlight any smart home features you have.

 

If you have any questions about marketing your home or preparing it for sale, don't hesitate to reach out to us. We'd also love to hear your feedback and suggestions for future video content. We look forward to hearing from you!

Posted in Seller Tips
Feb. 5, 2019

4 Reasons Why It Would Make Sense to Upsize or Downsize

If you’re thinking of upsizing or downsizing, there are four reasons why doing either might make sense for you

Selling a home? Click here to get a home value report.

Looking to buy a home? Click here to search all homes.

 

Here are four reasons why upsizing or downsizing makes the most sense:

 

1. Equity. For the vast majority of home sellers, equity is at an all-time high. Whether you’re thinking of moving into a bigger home, finding a better location, or downsizing and cashing out, accessing this capital is part of the equation.

 2. Interest rates. Interest rates are at a six-month low right now, and these low borrowing costs increase your buying power if you’re moving up and enhance your affordability if you’re downsizing.

3. Neutral market conditions. We seem to have transitioned out of the hyper-competitive environment that produced so many multiple-offer situations, and now sellers have to be more flexible. This makes contingent-sale offers much more of a possibility, so you’ll be able to sell and buy at the same time.

"We seem to have transitioned out of the hyper-competitive environment that produced so many multiple-offer situations.

 

4. Inventory. Inventory levels are increasing, which gives you more homes to choose from—especially in the higher-end markets.

 If you have any more questions about upsizing, downsizing, or contingent-sale offers, feel free to reach out to me by phone or email. I’d love to speak with you.

Posted in Pro Tips
Feb. 4, 2019

417 Garden Street - Sale Pending!

Posted in Listings
Feb. 1, 2019

412 Tailoff Lane - Sale Pending!

Posted in Listings
Jan. 15, 2019

What’s Happening In Our Market and How Will It Impact Your 2019 Goals?

The latest news from our market has just come in, and today I’d like to share with you what this data means for buyers and sellers. 

Selling a home? Click here to get a home value report.

Looking to buy a home? Click here to search all homes.

 

People ask me on a near-daily basis whether sellers still have the upper hand in our market. While the answer a few months ago would have been a resounding “yes,” conditions have shifted as we progress into this new year. Now, we’re in a much more neutral market than we were in 2018.

 

Contingencies that may have previously been a deal-breaker are now back on the table, and buyers have regained a lot of leverage. Part of the reason for this is the recent increase in supply. That said, this increase is not as significant as some have reported. The current level of supply, approximately 2.1 months’ worth of homes, is still relatively low.

 

Moving on, interest rates have also played a major role in the current state of our market. Rates are currently at a nine-month low, according to the Wall Street Journal. This means that now is a very favorable moment for buyers looking to make a move—especially given that rates are projected to reach 5% by the end of 2019.

"2019 holds benefits for buyers and sellers alike, and I would be happy to help you make the most of these advantages.

 

You may be wondering what these conditions mean, overall. For sellers, the most important point to take away from this is that you must have an aggressive strategy for success moving forward. You will need to partner with a strong, experienced agent in order to secure a great deal.

 

Buyers, on the other hand, are in for greater opportunities than have been available to them in over three years.

 

The bottom line is that 2019 holds benefits for buyers and sellers alike, and I would be happy to help you make the most of these advantages.

 

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

 

Posted in Market Update
Jan. 14, 2019

9129 Richborough Way - Sale Pending!

Posted in Listings
Jan. 4, 2019

796 Alloy Court - Pending Sale!

Posted in Listings
Dec. 17, 2018

417 Garden Street - Just Listed!

Rare opportunity to purchase of the beautiful Park Moderns in West Sacramento's Bridge District! Each of these 32 uniquely designed homes are intended to balance urban living with the outdoors. Inside, you'll find an effortless floor plan perfect for entertaining, hardwood flooring and other custom interior finishes, dual master suites, an elegant fire pit, and tons of natural light. Centered around Garden Park, and close to The Barn and many more of Sacramento's finest landmarks!

Posted in Listings