As coats are put away for good and flowers are in full bloom, the real estate market begins to shift. Spring market. Summer Market. We’ve all heard the terms. It’s often a busy time for buyers, sellers, and Realtors.
But does that mean you should wait until spring if you’re ready to sell now?
We’ve said it before and we’ll say it again: don’t let the market dictate your life. If you have a deadline, then it’s your time. List when it’s right for you.
There are, however, some interesting numbers out there, stating that the prime time to sell is May, April, and June (in that order). Sellers received over a 10% increase above market value during those months.
After an analysis of 51 million single-family home and condo sales from 2011 to 2022, ATTOM found the top 3 months for increased seller premiums:
All that to say, the market is always shifting. There are no guarantees in how the market will behave, but we can still help! No matter the market, no matter the season, we can help you buy or sell. Give us a call or text at (717) 371-0557 !
Your Friends in Real Estate, Jason Burkholder Real Estate Team
——————
Jason Burkholder
Kelly Burkholder
Adam High
Jaci Hoosier
717-371-0557 direct or text
Welcome Home Real Estate
717-298-8040 office
57 E Main St, Lititz, PA 17543
You’re getting quotes for a new patio and wondering- is it worth it? Will I enjoy it? Will this add value when it comes time to sell?
Short answer: if it will bring you joy, then it’s worth it. You own the house. Do what makes you happy!
Long answer: if you want to consider resale value, consider the following numbers-
For all of these projects, on a joy scale of 1-10, homeowners gave each of them a 9 or higher. In ground pools and landscape lighting were both at 10!
Whether you want to remodel for aesthetics, functionality, or just because it makes you happy, do it!
Need a contractor recommendation? Give us a call at (717) 371-0557 and we’ll be happy to connect you with a local professional!
Your Friends in Real Estate,
Jason Burkholder Team
––––––
Jason Burkholder
Kelly Burkholder
Jaci Hoosier
717-371-0557 direct or text
Hometown Property Sales Group, LLC
717-207-8093 office
57 E Main St
Lititz, PA 17543
We all want a tidy home with no clutter, but most of us don’t have the hours to dedicate to deep clean-outs. The solution: finding moments in your daily life for a few minutes of organization.
Waiting for water to boil- go through your kitchen utensils and decide what to keep, donate, or throw away. You can also wipe down your microwave, counters, or clear out any old leftovers in the fridge.
Grabbing a Tupperware container with no lid- time to admit defeat and throw it away. Same goes for any lids without a match!
Brushing your teeth- clear out your medicine chest and vanity of expired medications and cosmetics.
Breaking down an Amazon box- keep it as a donation box! Give Back Box allows you to donate and ship your unwanted clothing and household goods to charity, for FREE!
Putting away laundry- throw out any lone socks or other item of clothing that’s past its prime.
Letting your conditioner sit- sort through body washes, shampoos, conditioner, old razors, bath poofs, and anything else that’s taking up real estate in your shower.
Watching TV- go through junk mail, magazines, and circulars
Putting clean sheets on the bed- if you’re avoiding another set of sheets, ask yourself why. Are they scratchy? Ugly? Decide whether to donate or throw away! Keep in mind that animal shelters will happily accept bedding and towels!
On hold with customer service- go through your junk drawer!
Hanging up your coat- are there any that could be donated? Thrown away? Sold?
Rome wasn’t built in a day and your house won’t be clutter free tomorrow, but chipping away bit by bit is manageable and adds up!
Source: houselogic.com
Looking to buy or sell in Central PA? We can help ! Reach us at (717) 371-0557
Your Friends in Real Estate, Jason Burkholder Real Estate Team
——————
Jason Burkholder
Kelly Burkholder
Adam High
Jaci Hoosier
717-371-0557 direct or text
Welcome Home Real Estate
717-298-8040 office
57 E Main St, Lititz, PA 17543
When the housing bubble burst in 2007/2008, many Americans found themselves underwater or, in other words, with a home worth significantly less than what they owed on their mortgages.
But that’s all changed now. According to recent studies, more and more Americans are finding themselves in the opposite situation—with a home worth far more than what they owe on their mortgage.
According to the a recent Equity Report from ATTOM Data Solutions, which curates a well-known nationwide property database, as of Q2 2018, nearly 14 million properties in the US are now what’s known as “equity rich”—meaning the balance of loans on the property is worth 50% or less than the current estimated market value. That’s approximately one in four homes in the US that currently holds a mortgage!
But what, exactly, is the advantage of being “equity rich”? Homeowners that are equity rich can sell their homes and walk away with a significant chunk of cash in their pockets—cash they can then use to make a down payment on a new property. The market is beginning to shift. Now might be the perfect time for you to use that to your advantage!
The Takeaway
If you’ve been thinking about selling your home and upgrading to a larger and/or pricier property, let’s check the balance on your mortgage against the current market value. If you’re one of the equity rich, you can use that equity to get into the home of your dreams.
Have questions? Do you want to buy or sell a property? Call me at 717-371-0557, I’ll be happy to help you!
As always, I’d like you to be part of the conversation, so if you like what you read here please feel free to let me know, forward this post to your friends and subscribe!
If you have questions, need real estate advice or want to buy or sell a home, you can call or text me at 717-371-0557, email me at [email protected] or contact me at the office at 717-291-1041!
Your Friend in Real Estate, Jason Burkholder
Realtor, e-Pro
Associate Broker
Certified Marketing Specialist
Weichert, Realtors – Welcome Home
717-291-1041 office
717-371-0557 direct or text
True or false…
When you’re selling a house, you should bake cookies before a showing or an open house.
I guess you could say the answer is a hard and fast “true†because, after all, it can’t hurt. Who doesn’t love the smell of freshly baked cookies?
But it’s also kind of false…
Staging is an incredibly important part of the selling process, and effective staging is a key to fetching top dollar for your home. If possible, you should consider hiring a professional stager. But, in case you want to DIY and stage your home on your own, here are 4 staging secrets to make sure you get the most out of the staging process:
One of the quickest, easiest, and most cost effective ways to update your space and make it more appealing to potential buyers is with a coat of paint. Painting a room can completely change the feel and make the space feel more open and inviting.
If you haven’t painted your home in a while, you’ll definitely want to repaint before you start showing your home to potential buyers. You’ll also want to repaint if you have a number of colors on the walls of your home; the purpose of staging is to showcase your home in a way that allows potential buyers to picture themselves purchasing the home and living there. If they don’t agree with your color choices, it can create a roadblock to them being able to see themselves in the home.
When you paint, choose neutral colors, like an off-white or beige. These colors are universally appealing and will also make your rooms appear more open and spacious.
One of the biggest secrets of effectively staging your home is that you only get to make a first impression once. Your potential buyer is only going to see your home for the first time once, and during that initial viewing, they’re going to make snap judgements on whether or not your home is right for them. You don’t want to get off on the wrong foot and lose them before they’ve even had a chance to see the entire house.
When it comes to making a first impression, curb appeal is critical. If your potential buyer drives up to your home and is immediately turned off by an unkempt lawn, a cracked driveway, or peeling paint, it’s going to be hard for them to overcome that initial impression, even if they love the rest of the home.
Before you start showing your home, make sure you do some work on the exterior so that the first impression is a good one. Have your lawn manicured, fix any issues with the driveway, refresh the exterior paint, and add plants and flowers on the path leading up to your front door in order to make your property seem more inviting.
The last thing that potential buyers want to see when they’re viewing a home is a ton of clutter and personal items. Again, the point of staging is to create an environment in your home where potential buyers can picture themselves living there. But if you have your children’s sporting gear spilling out of the closets, your family portraits lining every available surface, and an entire room you’re using for storage, it’s going to be hard for your potential buyers to separate your stuff from the space.
When you’re showing your home, remove as many personal effects as possible. It’s ok to have a photo or two, but try to make the space feel as neutral as possible. You’ll also want to declutter; clean out closets, cabinets, and the garage to make everything feel more spacious.
You’ll also want to get rid of any unnecessary furniture or decor that makes your space feel cluttered. When you’re staging, taking a minimalist approach to furniture and decor will have the most positive impact on potential buyers.
This should go without saying, but before you stage your home, you need to make sure every inch of your home is thoroughly and properly cleaned. This is not a time to cut corners; if a potential buyer comes into your home and sees dust bunnies under the bed or a ring of grime around your bathtub, it’s going to be a major turnoff and could potentially cost you the sale.
Spend an entire day cleaning your house from top to bottom. Or, if cleaning isn’t your expertise, hire an expert from your local cleaning business or a site like Handy.
With these 4 staging secrets, your house will be staged and ready to sell in no time.
Still have more questions? Do you want to sell a property? Call me at 717-371-0557, I’ll be happy to help you!
If you want to searchSell a Propertyin Central Pa or findhomes for saleLancaster CountyorCentral PA, visit www.JasonsHomes.com to access anMLS home searchthat shows you all the homes for sale in theCentral PAMultiple Listing Service (MLS) !
As always, I’d like you to be part of the conversation, so if you like what you read here please feel free to let me know, forward this post to your friends and subscribe!
If you have questions, need real estate advice or want to buy or sell a home, you can call or text me at 717-371-0557, email me at [email protected] or contact me at the office at 717-291-1041!
Your Friend in Real Estate,
Jason Burkholder
Realtor, e-Pro
Associate Broker
Certified Marketing Specialist
Weichert, Realtors – Welcome Home
717-291-1041 office
717-371-0557 direct or text
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