There are many reasons why a homeowner decides to sell their house and move. The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). Relocating for a job was the top reason for those ages 54 to 63 and the second most popular response for those under 53.
Blog :: 04-2019
What if you were able to take advantage of one of Freddie Mac’s or Fannie Mae’s 3%-down programs? Suddenly, saving for a down payment no longer takes 2 to 5 years. Whether you have just begun to save for a down payment or have been saving for years, you may be closer to your dream home than you think
In our March 2019 Monthly Market Report for the small town of Harmony Florida located in the zipcode of 34773 there were fourteen sales reported with the lowest average price per square foot sale being resale condos in Ashley Park at Harmony coming in at $99.64 price per square foot.
- Existing Home Sales slowed to an annual pace of 5.21 million home sales in March.
- Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months.
- Median home prices were up 3.8% over last March at $259,400. This marked the 85thconsecutive month with year-over-year price gains.
If you are one of the many seniors who desires to retire in the same area you’ve always lived, you’re not alone. Will your current house fit your needs throughout retirement? If you have any questions about demand for your house, let’s get together to discuss the opportunities available today!
What does this all mean to the current housing market? We think First American said it best in a post last week:
“The mortgage rate-driven affordability surge has arrived just in time… Rising affordability has already benefited home buyers and, if the lower rate environment persists, we’re in for a great spring home-buying season.”
The percentage of sellers who have hired real estate agents to sell their homes has increased steadily over the last 20 years. Real estate agents are trained and experienced in negotiation while, 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.
Home renovation television shows have given many buyers hope that they could renovate a home they can afford into their dream home! Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!
Receive a one year FREE golf membership with Royal St. Cloud Golf Links when you purchase or sell a property with The Corcoran Connection. One per household and does not include cart fees. Contact us to find out more.
It appears the spring buyers’ market is going to be much stronger than many had projected. Whether you are selling or buying, this is important news.
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