Monday, September 20, 2021 / by Nicole Solari
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.
To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says:
“People who move for home-related reasons might need a larger home or a house that better fits their needs, . . . Financial reasons for moving include wanting a nicer home, moving to a newer home to avoid making repairs on the old one, or cashing in on existing equity.”
If you’ve been. ...
Monday, September 13, 2021 / by Nicole Solari
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay. As Bob Goldberg, CEO of the National Association of Realtors (NAR), puts it:
“The pandemic has confirmed to all of us in the industry that technology will continue to transform real estate.”
Below is a closer look at some of the new tools real estate professionals are using to better serve sellers.
New and Existing Technology Are Impacting the Process
In the 2021 Realtor Technology Survey, NAR asks real estate professionals their opinions on the most valuable pieces of technology for their business over the past 12 months. The graph below highlights the top five. ...
Friday, September 3, 2021 / by Nicole Solari
An Entertainer’s Dream: Top Backyard Upgrades Your Summer Guests Will Eat Up
As warm weather returns, many of us are happy to say goodbye to cold grey skies and welcome the return of outdoor living. Patio restaurants, park days, and even just evening strolls make life a little more varied and bright. When it comes to entertaining and having people over to your home, a backyard oasis really makes the experience complete, whether you’re eating dinner on the patio or relaxing with delicious beverages by the fire. If you’re hankering for a home project, here are some backyard upgrades that will offer you great options for entertaining. If you’re also selling a house this summer, they can be attractive draws for potential buyers as well.
Flocking to the Firepit
On the HomeLight's Q1 2021 Survey of Real Estate Agents, the top feature for backyard entertaining is to add a firepit. Making a firepit special really comes with the seating options, since most fire pi; ...
Monday, August 17, 2020 / by Nicole Solari
Most people dread moving because of the stress, expense and time commitment. However, resettling in California -- with its beautiful weather and scenery -- is sure to make the idea of moving more exciting. By following the tips below, you can avoid stress, save money and breeze through the process more quickly.
Finding a New Home
Before you can plan any of the logistics of moving, you have to have your next living arrangement squared away. Here’s how to find the perfect home in California.
If you don’t need to move somewhere specific for work, compare a few different cities.
Home prices can be high in some areas, so do some research if you’re on a budget.
Find a real estate agent to aid your search, such as an expert from The Solari Group.
No matter where you decide to move, prepare yourself for California’s high taxes.
Wednesday, February 12, 2020 / by Nicole Solari
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale.
If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price.
When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your home in their search process. Why? When potential buyers look at your listing and see a great price for a fantastic home, they’re probably going to want to take a close ...