Even though we are in a “seller’s market” does not give a seller a free pass not to prepare their home for sale. Buyer’s learned early on the importance of getting the maximum value for their home investment and won’t settle for less than perfect.
A buyer’s list of features such as “must haves” and “would love to have” will still position a house to sell more quickly and closer or above the list price.
With a high demand and less inventory, if you’re selling your home, it is to the seller’s advantage to know what buyers are looking for to ensure a faster, more rewarding sale.
In past years new construction has not been as aggressive with available inventory in certain locations. The tide has turned with an increase of new construction as well as dropping foreclosures and stabilizing home prices.
This makes selling existing homes even more of a incentive to have your house “shine” and be more appealing. It is important to remember real estate is localized and houses sell at different paces depending on the areas.
In San Antonio, the average price of a home rose four percent to $204,110 with the median price increasing five percent to $168,000. Of the 1,454 homes sold in February, 62.5 percent were priced under $200,000. Another 33.8 percent were priced between $200,000 and $500,000 and 3.6 percent were priced over $500,000. Of those sold over $500,000, ten homes were priced over one million dollars.
Some may feel since it is a “seller’s market” they have a better opportunity to sell their house on their own. In a year end report by the Texas Association of REALTORS® that is further from the truth. As the average For Sale By Owner (FSBO) home sold for almost $50,000 less than homes sold with the assistance of a Texas REALTOR® – $153,500 compared to $200,000.
So dust off the yard tools and get the yard in shape, dig out the paint brushes, and let your house to “shine”! The buyer’s are out there just waiting to buy your house.
As each day approaches closer to Spring in the Stone Oak area of San Antonio, signs of new commercial activity continues to increase.
HEB has christened their new location on the corner of Hardy Oak and Wilderness Pass with the errection of their marque. Construction on the building and grounds continue, with turn lanes continuing to be updated.
Just off the same corner Broadway Bank is opening a branch location for their old and potential new customers. This increases this corner’s commercial activity; so far, by three (3), counting the already standing CVS Pharmacy.
Hopefully the city will begin the next step of adding traffic lights soon, as the 4-way stop signs will continue to add more confusion as to who is to go next. Interesting, and dangerous, to watch how the rules we learned in driver’s education just goes out the window at a 4-way stop. In addition there are two (2) schools just down the street on Hardy Oak to add to the conjestion and requires safety for those children who walk.
It will be interesting to learn what type of HEB the communities will be able to enjoy as it seems this has not been revealed…at least I have search to find out with no success.
Posted in Uncategorized
Tagged Banks, Broadway, buy houses, Canyon Springs, Commercial, CVS, Grocery Store, HEB, Housing, Pharmacy, Real Estate, San Antonio, Sell Houses, Stone Oak
A simple switch in how often you make payments on your mortgage can save you tens of thousands of dollars in interest over the life of your loan. You also can trim the time it takes to completely pay off your mortgage.
In a biweekly payment plan, you pay half your monthly mortgage every other week. With the biweekly plan, you:
- End up making one additional full mortgage payment every year. That extra payment goes directly toward the principal of the loan.
- Reduce the amount of interest charged over the life of the loan.
Be sure to check with you lender to make sure that it accepts biweekly payments and credit them immediately. If the lender waits until receiving the next patent before crediting both payments to the loan you won’t see the financial benefit.
Are You Having Difficulty Finding That Perfect House? This may WHY!
Just how far do we have to go in order not to offend anyone? I would say most of us have no malicious intent when words come out of our mouths to be rude or insensitive.
According to some everything has to be “politically correct” or they are aghast! Take terms such these common and politically correct, respectively.
- Maiden Name — Family Birth Name
- Pet — Animal Companion
- Rude — Politically Correct
- Prayer — Thoughts
I think you get the idea…but here is a new one for those in the real estate industry.
Major national home builders are now using the term “owner’s bedroom” or “owner’s suite” instead of the common term used for years…”master bedroom”.
What???, you say? It seems builders want to avoid negative connotations with gender, since “master” denotes men, and with race, because of the term “slave master.” This enlightenment was brought to our attention according to The Washington Business Journal, which surveyed 10 major homebuilders.
One thing about this industry is to be flexible…so flexible we will be; even though sometimes it just doesn’t make sense. Even though most in the industry still refer to the “master bedroom” as that; we will “go with the flow” and be politically correct in order not to confuse our clients more than they may be in making the right decision in selling or buying their new house.
So long “master bedroom”…it was nice knowing you. I wonder what Christian Grey’s thoughts would be on this?
Summertime and Catfish Fry…what could be better than that! There is nothing better than catching your own fresh catfish.
Not only is it great tasting; it is a great family outing for all ages.
Don’t know where to go? Don’t have any tackle? Don’t know the regulations? The Texas Parks and Wildlife can help you out. In April they begin frequent stocking of channel catfish in neighborhood lakes and continue throughout the summer.
So pack up your gear and “Let’s Go Fishing!”