Home Selling Tips: Monitor the Housing Market

For those who plan to list a house in the foreseeable future, it often is beneficial to track the real estate market. By doing so, a home seller can identify real estate market patterns and trends and quickly address any potential property selling hurdles.

Now, let’s take a look at three tips to help you analyze housing market data so you can accelerate the property selling journey.

1. Review the Prices of Recently Sold Houses in Your Area

Check out the prices of recently sold houses in your city or town. That way, you can find out whether sellers are accepting offers to purchase at or above their initial home asking prices.

Furthermore, it may be a good idea to see how your house ranks against recently sold residences. With this housing market data in hand, you may be better equipped than ever before to establish a competitive initial asking price for your home.

2. Determine How Quickly Houses Are Selling

As a home seller, you should find out whether you’re preparing to enter a buyer’s or seller’s market. If you look at how quickly houses are selling in your city or town, you can distinguish a buyer’s market from a seller’s one.

In a buyer’s market, you will find many sellers and few buyers. Conversely, in a seller’s market, there is an abundance of buyers and few sellers.

The differences between a buyer’s and seller’s market are significant. If you understand whether you’re getting ready to sell your home in a housing market that favors buyers or sellers, you can determine how to price your residence so it will generate plenty of interest from buyers. And as a result, you may be able to streamline the home selling journey.

3. Assess the Prices of Homes That Are Similar to Your Own

Your home may be one of many available to property buyers. Thus, you should review the prices of houses in your city or town that are similar to your own. This housing market data will help you narrow the price range for your residence.

Also, you may want to review rival home sellers’ property listings and see how these sellers promote their residences to prospective buyers. Because if you can find ways to differentiate your home listing from competitors’, you could boost the likelihood of a successful house selling experience.

As you prepare to add your house to the real estate market, you may want to hire a real estate agent as well. A real estate agent will offer recommendations so you can enhance your residence both inside and out and help you establish a competitive initial home asking price. Plus, a real estate agent will help you review an offer to purchase your home and determine the best course of action.

Take the guesswork out of selling your house – use the aforementioned tips, and you can monitor the real estate market and use housing sector data to simplify the property selling journey.

Tips for a First-Time Condo Buyer

Buying a condo may seem like an uphill climb, particularly for those who are browsing the real estate market for the first time. Lucky for you, we’re here to help you take the guesswork out of finding the right condo.

What does it take to locate a high-quality condo at an affordable price? Here are three tips that every first-time condo buyer needs to know.

1. Explore a Wide Range of Condos

The real estate market is filled with many first-rate condos, and the sheer volume of properties that are available may feel overwhelming at times. Therefore, you should allocate the necessary time and resources to find a condo that suits you perfectly.

Don’t be afraid to check out several condos over the course of a few days or weeks. By doing so, you can better understand what you’d like to find in the ideal condo.

Of course, if you fall in love with a condo, you should be ready to submit an offer. That way, you can avoid the risk of missing out on a great condo that matches or exceeds your expectations.

2. Determine How You’ll Pay for a Condo

Many property buyers get pre-approved for a mortgage, and for good reason. With a mortgage in hand, you’ll know exactly what you can afford as you review the real estate market.

Meet with a variety of banks and credit unions. These lenders will be able to provide you with multiple mortgage options and respond to your financing concerns and queries.

Also, keep in mind that the price of a condo may extend beyond your monthly mortgage payments.

In many instances, condo communities have homeowners’ associations (HOAs) in place that will charge monthly fees. Learn about any HOA fees in advance, and you’ll know exactly what you’ll need to pay each month to live in a particular condo community.

3. Work with a Real Estate Agent

No one should be forced to evaluate condos on their own. Fortunately, you can hire a real estate agent to streamline the process of finding a terrific condo.

A real estate agent with condo experience understands the hurdles that may arise during a condo search. As such, he or she will do whatever it takes to ensure you can get the best results possible as you look for the perfect condo.

For instance, a real estate agent will set up condo showings and keep you up to date about open houses. This real estate professional will even negotiate with a condo seller on your behalf, which means you won’t have to worry about breaking your budget to purchase a stellar condo.

Employing a real estate agent enables you to get expert advice at each stage of the condo buying process too. Thus, you can receive instant responses to your condo buying questions at any time.

Simplify the process of buying your first condo – use the aforementioned tips, and you can boost your chances of acquiring a superb condo at a budget-friendly price.

How to Find Handmade and Uncommon Furniture for Your Home

Buying furniture is a big investment in time and money. If you’re trying to match the style and color scheme of your home perfectly, it can be difficult to find something that’s the right fit. 

This is a task made more difficult when many large furniture stores carry largely similar items that don’t veer too far from the current trends.

If you want to buy unique furniture that meets your specific style it can seem like there are few options. However, there are many online stores where you can find just that, and so so by supporting small retailers and craftsmen.

In this article, we’re going to give you some advice on finding furniture that will make your home stand out. Read on for a list of how to find handmade and uncommon furniture for your home.

Buying local

One way to find unique furniture and support local craftsmen at the same time is to search for furniture makers in your area. Oftentimes a Google search will help you local nearby shops. However, you can also use websites like Craigslist to narrow your search down to your area.

If you’re having trouble finding people who make or refurbish furniture in your area, try searching for local businesses on websites like Yelp or Yellow Pages.  

Scavenge and refurbish

One way to guarantee that your furniture will be unique is to buy antique or discarded items and then pay a craftsman to refurbish and alter the item. This is particularly common with sofas and chairs.

Upholstering is an art form that requires a good idea, both for restoration and customization. Oftentimes you can find inexpensive, but well-worn, furniture at thrift stores, flea markets, yard sales, and on Craigslist at very cheap prices.

Sometimes it’s just a matter of sanding, staining, or painting old furniture to give them a new life in your living room or kitchen. What’s more, when you take on a DIY project to refurbish a piece of furniture it will have added meaning and value to you, and you could discover a new hobby that you’re interested in along the way.

Online stores

There are a number of online retailers who sell handmade or refurbished furniture. One of the most popular web stores right now is Etsy. On Etsy, you can find craftsmen and refurbishers’ work who you appreciate and follow them to see what they have in stock.

Before Etsy, Ebay was the leading place to buy handmade and refurbished items online. To this day, Ebay still has a wide selection of items. Since many items on Ebay are auctioned, you also have the potential of winning a bid at a low price.

A third option would be to seek out the hundreds of small furniture shops online. A benefit or seeking out the manufacturer directly is that you get a chance to learn about the product and ask about customization.

Those are just some of the ways to find unique, handmade furniture for your home. Remember to be patient and to ask questions while furniture shopping to make sure you find the perfect fit for your room.

Video Tour – Single-Family Home – Worcester, MA 01604 Real Estate – For Sale

Very spacious home in cul-de-sac setting, offers an eat-in applianced kitchen with granite, open living/dining room with hardwoods and fireplace, two first floor bedrooms, and two additional bedrooms upstairs. Sunroom overlooks pretty built-in swimming pool, two sheds and a large 11×25 +- deck and fenced yard. If you need more space, spread out in the finished lower level where you’ll find another kitchen, living area, full bath and additional room seller uses as an office. Great location, close to Lake Park, U-Mass, Train Station, Routes 20 and 9, I-290 and the Mass Pike.

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