Thursday, May 5, 2022 / by April Griffith
With more homebuyers in the local real estate market this summer, one thing is for certain— buyers are looking for home features that their current homes do not already supply. Popular selling points like extra storage, organization, a great location, low-energy features and low maintenance will stand out to those looking to purchase a home in Delaware and Pennsylvania area.
If you're a DE or PA home seller, it's important to highlight your home's best features, no matter the reasons you're moving on. Don't take your current home for granted and you could just set the stage for a home sale.
For many homebuyers in the Delaware real estate market right now, especially those first-time homebuyers who are dealing with little space, storage is a big plus. Despite what you think of your home—maybe you have a standard basement or garage that you use as storage—a first-time homebuyer may think they've hit the jackpot. Built-in storage in the kitchen? La ...
Thursday, April 7, 2022 / by April Griffith
Every Delaware and Pennsylvania homeowner has a successful sale in mind when they list their property, but did you know there are several common issues that can cause the transaction to come apart at the seams? If you are aware of any problems prior to listing your DE or PA home, it is always wise to remedy them. I've included a few of the common red flags to watch for around your property before you place that For Sale sign in the yard.
Worn, old roof
When searching for homes in Delaware and Pennsylvania, buyers can quickly make a note of those whose roofs look like they may need replacing. If your roof is coming to the end of its road (typically 20 to 25 years), replacing it could help you sell faster.
Today's homebuyers are looking for updated kitchens with newer appliances. They do not want to have this expense upon their move into your home. If you have dated appliances, buyers may also wonder what else you've failed to replace.
Difficult, creaky windows
If buk ...
Thursday, March 24, 2022 / by April Griffith
If you've been thinking about selling your Delaware or Pennsylvania home, the best time to do so is coming up!
According to Realtor.com, experts in a recent study analyze housing market trends by looking at date from the past several years (except for 2020, since it was an atypical year), and determined early April is the best time to sell your home.
"Home sellers on the fence waiting for that perfect moment to sell should start preparation, because the best time to list a home in 2022 is approaching quickly. The week of April 10-16 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year."
Delaware and Pennsylvania home sellers able to get their properties ready to list quickly for this golden time in the market should expect the following from that opportune week:
More Buyer Activity
The Realtor.com article expects higher buyer demand than in past years, which could result in higher competitionk ...
Thursday, March 17, 2022 / by April Griffith
Whether you intend to be in your next home in Delaware or Pennsylvania for two years or twelve years, it is always important to determine resale value. After all, your home is an investment and you wouldn't want to invest in a property that you would have a hard time selling when the time comes to move on. That would only mean more money and homeowner headache for you down the road!
As your local DE and PA real estate experts, we can help you determine the best possible property for your budget and your family's needs— and one with great resale value! Here are a few ways you can determine a property's resale value:
It's in a great neighborhood
If the neighborhood is bustling, with proximity to grocery stores, coffee shops, and restaurants, chances are it will have great appeal to future buyers. Is the neighborhood safe? Walkable? Full of young families or parks? Or is it not yet developed and far from amenities like these? These are all important features to take note of when k ...
Thursday, February 24, 2022 / by April Griffith
Real estate has just been voted the best investment for the eighth year in a row— better than stocks, gold, and savings! But that’s not all real estate can hold its own against by comparison.
Real estate is also a time-honored inflation hedge. In fact, for the last decade, home price appreciation has beat inflation by several percentage points.
During times where inflation is mounting, rising costs of rent can also be a major concern. However, as a homeowner, fixed-rate mortgages can help you keep your monthly housing payment the same.
“A fixed-rate mortgage allows you to maintain the biggest portion of housing expenses at the same payment. Sure, property taxes will rise and other expenses may creep up, but your monthly housing payment remains the same,” said James Royal, Senior Wealth Management Reporter at Bankrate. “That’s certainly not the case if you’re renting.”
Homeowners are essentially shielded from increasing rental prices a ...