Sixty percent of all homes in 2014
will be bought and sold from May to August. Putting your home on the market at the beginning of the selling
season will help your chances of snagging a winning offer before buyers turn
their attention
back to school starting in September.
Homes in the Santa Clarita Valley have seen
double-digit price increases in the past year. But this last quarter, prices started to slow not only here, but nationally – and
pricing is a critical component to getting your house sold. With this fluctuating market, you need to look at comps of
similar homes in your area, and recency matters: make sure you’re looking
back no more than 60 days. The sale
price of homes that sold recently paints a much better picture of what to expect
than the price of homes that sold six months ago (or of homes that have yet to
sell).
Bidding
wars were common in the summer of 2013, but we’re hearing less about them right
now. So don’t bank on
fielding two or three offers at once. There is, however, a good chance that
you’ll still get the one that will be a win/win
for both you and the buyer.
Trying to get a jump on the
competition? Right now we’re on the cusp of prime selling and buying season,
and if you list soon, you’ll have less
competition than you would if you put your house on the market in May or June,
when more homes will flood the market.
Since it’s still early, your home can have its ‘moment in the spotlight’ more
than it
will when inventory increases – and the buyers who are braving the cold to
house shop are clearly motivated.
In this new mobile era, a huge
percentage of buyers use smart phones to start
their home search online. And that
percentage is expected to rise this year as more buyers take advantage of easy access to the wealth of information
online. Get in on this trend by making sure your home pops on those computer screens. Prepare your home for sale, take away all the clutter, plant bright beautiful flowers and make your home look like the castle that it is!
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