Chris Smith's Blog
If you intend to list your house in the weeks or months to come, it usually pays to assess real estate market data. In fact, there are many reasons why you should conduct housing market data analysis, and these include:
1. You can learn about the ins and outs of the real estate market.
Let's face it – navigating the home selling process can be difficult, regardless of whether you've sold houses in the past or plan to list a home for the first time. Fortunately, housing market data can help you better understand the real estate sector, increasing the likelihood that you'll make informed decisions at each stage of the home selling journey.
Remember, evaluating the prices of available houses in your area, finding out how long these residences have been listed and reviewing other pertinent housing market data can make a world of difference. If you use this information to understand the current state of the real estate market, you can boost your chances of enjoying a fast, profitable home selling experience.
2. You can determine a competitive price for your house.
What you originally paid for your house is unlikely to match your home's current value. Luckily, you can analyze real estate market data to find out how your house stacks up against the competition and price your residence appropriately.
Look at the prices of local residences that are similar to your own – you'll be glad you did. If you study this pricing data closely, you can narrow the price range for your house. Then, you can establish a competitive initial asking price for your house.
3. You can reduce the risk of encountering home selling pitfalls.
Want to avoid setting an initial home asking price that is too high or too low? Or, do you want to ensure that your house is buyer-ready from the moment that you add it to the real estate market? If you evaluate housing market data, you can obtain the insights that you need to avoid potential problems during the home selling journey.
Lastly, if you need extra help as you prepare to sell your house, you may want to hire a real estate agent. This housing market professional can provide you with a wealth of real estate market data and offer expert home selling recommendations. That way, you can optimize the value of all of the housing market data at your disposal.
Let's not forget about the comprehensive assistance that a real estate agent offers as the home selling journey progresses, either. A real estate agent will help you list your house, promote it to the right groups of buyers and negotiate with a buyer's agent on your behalf. And if you ever have home selling concerns or questions, a real estate agent will gladly respond to them.
Take a data-driven approach to selling your house – perform real estate market data analysis, and you can gain the home selling insights that you need to succeed.
Ready to launch a search for your dream home? Ultimately, you'll want to do everything possible to streamline your home search to boost your chances of getting the best possible results.
There are many best practices for conducting a successful home search, and these include:
1. Define Your Homebuying Criteria
The definition of the "perfect" home varies from property buyer to property buyer. This means that your definition of the perfect home is unlikely to match that of a friend or family member.
Think about what separates an ordinary home from a can't-miss residence. Then, you'll be able to narrow your home search and map out a successful homebuying journey.
As you consider the perfect home, make a list of homebuying "must-haves." For example, if you want a garage where you and your wife can park your cars, a two-car garage is a homebuying must-have. Or, if you want a home that's close to high-quality schools that your kids can attend, buying a house in a great school district is a must.
2. Get Home Financing
Although your ultimate goal is to acquire a top-notch residence, you'll likely need financing to help you transform your homebuying dream into a reality. Fortunately, many banks and credit unions are available to teach you about a wide range of mortgage options.
Meet with several banks and credit unions – you'll be glad you did. These lenders can educate you about the different types of home loans and help you get pre-approved for a mortgage.
After you receive pre-approval for a mortgage, you're good to kick off your home search. In fact, with a mortgage in hand, you can tailor your search to homes that fall within a specific price range.
3. Work with a Real Estate Agent
Regardless of your homebuying goals, it pays to work with a real estate agent. That way, you can receive expert assistance as you search for houses in various cities and towns.
A real estate agent is happy to teach you the ins and outs of purchasing a house. By doing so, this housing market professional can help you become a real estate expert in no time at all.
Furthermore, a real estate agent will set up home showings, keep you up to date about new houses that become available and help you submit home offers. This housing market professional is committed to your homebuying success and will do whatever it takes to assist you along the homebuying journey.
Perhaps best of all, a real estate agent is available to respond to any homebuying questions that you may have. No homebuying question is ever too big or too small for a real estate agent, and as a result, this housing market professional will make it simple for you to make an informed homebuying decision.
Launch a successful home search today – use the aforementioned best practices, and you can increase the likelihood of discovering your dream home.
At it’s best, packing and moving your things when you buy a new home is a lot of work. At its worst, it can be downright dangerous if you aren’t careful when lifting and moving heavy items.
A necessary evil of moving to a new home, packing is probably the least favorite part of moving for your average homeowner. However, there are ways you can make this process easier, saving you time and ensuring that decorating your new homes is a simple and satisfying task.
In today’s post, I’m going to run down the list of 5 packing and moving tips to help make your move faster and easier than you thought possible.
1. Cleaning and decluttering
One of the best times to clean out your home is leading up to a move. First, if you’re selling your old home, it will pay off to make the house as clean and uncluttered as possible to attract potential buyers. However, you’ll also likely find that there is a lot of junk that you simply don't need to bring to your new home.
When packing each room, keep a garbage bag with you for things you might want to donate or throw away. A good rule of thumb is to ask yourself if you’ve used or appreciated the item in the last two years. If not, you might find that it’s easier just to get rid of.
2. Schedule your packing
There are some items in your home that you’ll want available up until the day you move. Others you might not need for weeks or months until after you’ve settled into your new home. You can lessen your workload by spreading out your packing process across the span of a month or so, tackling a few items each week.
A good example of planned packing is to start packing your seasonal clothing that you won’t need until the next winter or summer.
3. Have someone carry away your old junk
If you have bulk items or furniture that you plan on getting rid of, put them on Craigslist or call a donation center with pick-up a month in advance of your move. This will help you get rid of large items without ever having to leave your home.
4. Hiring movers
Hiring movers might be out of some new homeowners’ budgets. However, there are certain times of the week that you can get lower prices. Movers are typically the busiest on the weekend, often making weekdays a more affordable alternative.
5. Find your local box stockpile
There’s typically no need to spend money on boxes if you give yourself enough time to find a good supplier. Some grocery and department stores will give away their boxes for free because you’re saving them on recycling costs.
Another good option is your local liquor store who probably has several empty wine and beer cases to give away.
If you intend to list your residence in the near future, you might believe your house is worth more than you originally paid for it. However, there are many factors that impact a house's value, and these factors include:
1. The Current State of the Real Estate Market
The housing market can vary from city to city, town to town and state to state. So it's generally a good idea to analyze the local real estate climate. You then can use housing market data to determine whether the current real estate climate favors buyers or sellers.
In a buyer's market, there is typically an abundance of quality houses. Meanwhile, a seller likely will need to dedicate time and resources to differentiate his or her home from the competition in a buyer's market. A seller will also want to hire a real estate agent who can help them navigate the challenges of listing a residence in a buyer's market.
Comparatively, in a seller's market, a seller has a golden opportunity to maximize their house sale earnings. In this market, there is usually a shortage of first-rate houses, and homes may sell shortly after they become available. If the market is currently favoring sellers, you may be better equipped than ever before to enjoy a seamless house selling experience.
2. Your Home's Condition
Over the years, you may have committed substantial time and resources to upgrade your residence both inside and out. As such, if you list your home now, your residence may be worth more than you initially paid for it.
On the other hand, if your home has its fair share of problems, these issues may negatively affect its value. But if you upgrade your house before you list it, you could improve your house's value accordingly.
Of course, a home appraisal may help you verify the current value of your residence based on its condition, the housing market, and other factors. During a house appraisal, a property expert will analyze your residence both inside and out. They will provide you with an appraisal report that can help you determine how to price your house.
3. The Economy
Economic fluctuations are common across the United States, and the present state of the national economy may have far-flung effects on your house's value.
For example, a thriving economy may lead people to pursue their dreams of owning a house. In this economy, a seller who lists a top-notch house could reap the benefits of a fast, profitable home selling experience.
Conversely, in a fledgling economy, the number of home sellers may exceed the number of homebuyers. In this scenario, sellers will need to work diligently to promote their residences to the right groups of potential buyers and price their residences competitively.
Consider these factors as you get set to list your home. By doing so, you can analyze your home's value and explore ways to boost the likelihood of getting the best price for your residence.
Your dishwasher is one of the best appliances that you own. It saves you tons of time and aggravation from hand-washing all of the dishes each and every night after dinner. It’s not an appliance that we replace often, so you need to make sure that we maintain it correctly in order to get a good lifespan out of your investment. Taking good care of your appliances can also help to keep up the value of your home when you go to sell it. Homebuyers prefer to have appliances that are updated and well maintained. Below, you’ll find some tips for extending the life of your dishwasher. You may not think that an item that cleans needs to be cleaned itself, but there’s plenty of things that you can do to keep your dishwasher clean and working well in order to have sparkling dishes.
Load It And Use It
This may seem obvious, but it’s important to actually use your dishwasher. Running cycles regularly can help you to keep the machine running smoothly and keep away debris and food particles. If you don’t have a full load, try and run the dishwasher at least every other day. You’ll save money and energy if you wait to run the washer on a full load, so don’t overdo it. You just don’t want to go a week or more without running the dishwasher, as it will allow a lot of buildup to occur, making the dishwasher work harder to clean the dishes that are loaded in it.
To keep the washer running effectively, you’ll want to always load it correctly according to the guidelines for your particular dishwasher. For a thorough clean, use a commercial dishwasher cleaner from time to time when you run the washer on its own without any dishes in it. This will keep a stench from building up and allow your dishes to clean more thoroughly.
Scrape Food Debris
Although your dishwasher and the detergent are equipped to get rid of food debris, scraping food off of plates prior to loading them into the dishwasher can help to prevent damage and maintain proper drainage from the washer itself. The dishes will also come out of the cycle a bit cleaner than if you have left a ton of food and sauce debris on your plates. Scraping the food rather than pre-rinsing the dishes also is a good way to conserve water. While pre-rinsing your dishes may seem like a good idea, over the life of your dishwasher, you can save tens of thousands of gallons of water.