May 11, 2018

10 Staging Secrets From The Pros

The Real Estate Staging Association estimates that professionally staged properties spend 73 percent less time on the market, receive more foot traffic, and typically sell for more money.1

Following are 10 tips you can use to get your home “show ready” prior to hitting the market. These easy and cost-effective ideas will help your house look its best—and help buyers visualize themselves living there.

Even if you’re not currently in the market to sell, you can use these tactics to breathe new life into your existing home decor.

#1 Remove Clutter: Overflowing closets and cluttered countertops can make your house feel small and cramped. Pack up anything you don’t use on a daily basis and store it off site. Make sure any items that remain are clean and tidy. The good news is, when it comes time to move, a large portion of your packing will be done!

#2 Deep Clean & Deodorize: Having a clean (and odor-free) home is a MUST. To achieve this, you may want to invest in a professional cleaning service for your home, carpets and upholsteries. Try to keep your house in clean, show-ready condition while it’s on the market. You never know when a potential buyer will want to drop by for a viewing.

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Posted in Real Estate News
May 9, 2018

Data Says May is the Best Month to Sell Your Home

According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. In the Tampa Bay area June slightly edges out May as the best month.

For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month:

ATTOM even went a step further and broke their results down by day.

Top 5 Days to Sell:

  • June 28th – 9.1% above market
  • February 15th – 9.0% above market
  • May 31st – 8.3% above market
  • May 29th – 8.2% above market
  • June 21st – 8.1% above market

It should come as no surprise that May and June dominate as the top months to sell and that 4 of the top 5 days to sell fall in those two months. The second quarter of the year (April, May, June) is referred to as the Spring Buyers Season, when competition is fierce to find a dream home, which often leads to bidding wars.

One caveat to mention though, is that when broken down by metroATTOM noticed that while warmer climates share in the overall trend, it turns out that they have different top months for sales. The best month to get the highest price in Miami, FL, for instance, was January, and Phoenix, AZ came in with November leading the charge.

If you’re thinking of selling your home this year, the time to list is NOW! According to the National Association of Realtors, homes sold in an average of just 30 days last month! If you list now, you’ll have a really good chance to sell in May or June, setting yourself up for getting the best price!

Bottom Line

Let’s get together to discuss the market conditions in our area and get you the most exposure to the buyers who are ready and willing to buy!

Posted in Market Statistics
April 24, 2018

Thinking of Selling Your Home? Why You Need A Pro in Your Corner

With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional.

Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they get the best deal for themselves and their families.
Here is a list of some of the people with whom the seller must be prepared to negotiate if they

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Posted in For Sellers
April 17, 2018

Floridians Enjoy Lower Tax Burden

Tax Day might not bring warm fuzzy feelings for most, but it will bring slightly more savings for Floridians than residents of other states.

The Sunshine State has the 4th lowest tax burden in the country, according to a recent study released by WalletHub.

Florida is one of 7 states with no personal income tax.  Its total tax burden, WalletHub said, is 6.64%. Alaska has the lowest burden (4.94%) and New York has the highest (13.04%)

When you add in a generous Homestead Exemption, Moving to, and buying a home in Florida makes serious financial sense.

Now add in . . . It's FLORIDA! SUNSHINE, BEACHES, FABULOUS WEATHER.  We can help you and your family & friends find their perfect Tampa Bay Florida home.  Call us, let's talk. 813-477-2090.

Posted in Real Estate News
April 6, 2018

A Seasonal Guide to Maintaining Your Home

HOUSE CARE CALENDAR:
 A Seasonal Guide to Maintaining Your Home

 

 

From summer vacations to winter holidays, it seems each season offers the perfect excuse to put off our to-do list. But be careful, homeowners: neglecting your home’s maintenance could put your personal safety—and one of your largest financial investments—at serious risk.

 

In no time at all, small problems can lead to extensive and expensive repairs. And even if you avoid a catastrophe, those minor issues can still have a big impact. Properties that are not well maintained can lose 10 percent (or more) of their appraised value.1


The good news is, by dedicating a few hours each season to properly maintaining your home, you can ensure a safe living environment for you and your family ... and actually increase the value of your home by one percent annually!1 You just need to know where and how to spend your time.

Use the following checklist as a guide to maintaining your home and lawn throughout the year. It's applicable for all climates, so please share it with friends and family members who you think could benefit, no matter where their home is located.

 

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Posted in Real Estate News
March 23, 2018

Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year.

Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined by supply and demand and while rising mortgage rates may slow demand, they also affect supply. From the report:

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Posted in Real Estate News
March 15, 2018

Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed.

Last week, Trulia posted a blog "Not Your Fathers Housing Market", which examined home affordability over the last 40+ years (1975-2016). Their research revealed that:
    “Nationally, homes are just about the most affordable they’ve been in the last 40 years… the median household could afford a home 1.5 times more expensive than the median home price. In 1980, the median household could only afford about 3/4 of the median home price.

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Posted in Real Estate News
March 2, 2018

Reasons To Sell This Spring!

Give us a call @ 813-477-2090 to get the Spring Selling details for your property!

Posted in For Sellers
March 1, 2018

A Must Do Fun Florida Trip!

 Fort Jefferson is a massive but unfinished coastal fortress located in the Dry Tortugas, 70 miles West of Key West in the Gulf of Mexico. Construction began in 1846. Now a U.S. National Park, it is accessible only by boat or seaplane.  It is the largest brick masonry structure in the Americas, and is composed of over 16 million bricks, the building covers 16 acres.

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Feb. 25, 2018

8 THINGS THAT ENHANCE A HOMES VALUE!

Posted in Real Estate News