article thumbnail

Home Improvement Ideas Before Selling in a Competitive Market

Will Springer Realtor

Buyers are seeing this as a rare opportunity from recent years to make offers at or below the list price and negotiate on everything from home repairs to who pays closing costs. They are also passing on homes that might need a refresh, with 71% of buyers too afraid to purchase one that needs upgrades.

article thumbnail

Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Following are excerpts of statements on housing conditions from the Federal Reserve districts, drawn from the newly released Beige Book. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased.

Mortgage 346
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

With low inventory, house hunters are in full safari mode

Housing Wire

This, in part, is causing the tight inventory we’re seeing in the housing market today, as two out of every three houses have mortgages with interest rates below 4% and aren’t motivated to sell their house unless a significant circumstance warrants it.” housing affordability.” through the first quarter of 2024.”

Inventory 447
article thumbnail

How to Price Your Home for the Current Market

Eppraisal

Few available rentals can drive up rents and may incentivize tenants to buy houses instead. ●      Housing Affordability Index: This tool from the National Association of REALTORS® tells you whether households have enough income to qualify for a mortgage on a median-priced home.

article thumbnail

How To Sell Your Heights Home Fast For The Most Money

Houston Properties

How To Sell Your Heights Home Fast For The Most Money. Expert home seller guide from the number one Realtor in Houston Heights. We achieve these numbers because we know what it takes to sell your Houston Heights home fast and for more money. Full Houston Home Seller Guide. Free Home Valuation. Neighborhood.

article thumbnail

A must-read for homeowners: Do you have to renovate before you sell?

Cornerstone

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. There aren’t enough houses to meet buyer demand.

article thumbnail

How To Sell Your Memorial Villages Home Fast For The Most Money

Houston Properties

How To Sell Your Memorial Villages Home Fast For The Most Money. Expert home seller guide from the number one Realtor in Memorial Villages. We achieve these numbers because we know what it takes to sell your Memorial Villages home fast and for more money. Full Houston Home Seller Guide. Free Home Valuation.