Thursday, February 23, 2023 / by Brian Armstrong
Much has changed in real estate over the last year, and we are still seeing a rapidly shifting market today! In Vermont, home prices have started to level out after tremendous growth, some homebuyers have exited the market to wait for calmer tides, and more homes are on the market than there have been over the past couple of years. So, what does that mean if you are thinking about selling your home? Prepare for a highly competitive market! In this article, we will dive into several ways to stand out amongst your competitors while avoiding Mistakes so you can come out on top with your home sale!
How Your Home Is Valued Today
The best opportunity for your home to attract buyers is the initial period after the listing goes live! Missing the mark at this stage can heavily impact your overall sale. If you undervalue your home, you will likely sell it quickly, however, you will miss out on maximizing your home's potential value! If you set your price above the market, it will sit on the ; ...
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strong will real estate, real estate, vermont, chittenden county, keller williams, northwest vermont, burlington, home tips, home selling process, staging your home, curb appeal, home inspection
Wednesday, January 11, 2023 / by Brian Armstrong
If you have been in the market to buy or sell a home in the last few months, your experience is drastically different from those who made a purchase just six months ago. For the past two years, uncertainty rattled the real estate industry and created a seller’s market. As we rounded into the new year, market shifts have drastically changed buyer capabilities, and we will discuss what that means for homeowners and how to overcome those challenges in 2023!
The Federal Reserve Hikes
Have you noticed that your shopping bills have been much higher over the last few months? Inflation has steadily risen, affecting the price of everything from milk and bread to assets like vehicles and homes. To combat this aggressive inflationary activity, the Federal Reserve, the central banking system of the United States, has risen national interest rates over the past year. Interest rates and inflation have an inverse relationship, so making an adjustment to the cost of borrowing influences the ov! ...
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strong will real estate, vermont, chittenden county, keller williams, northwest vermont, burlington, home tips, home selling process, interest rates, quick sale, staging your home, curb appeal, brian armstrong
Wednesday, September 14, 2022 / by Brian Armstrong
Selling a home is a complex process! Appealing to the most buyers possible will often help you net the highest value for your home, which is usually the main goal for a home seller. The best way to maximize your profit is to prepare your home before you list, and market your home to leave a lasting impression on potential buyers. Here are some hot trends buyers are thinking about when buying a home and how to capitalize!
Nature is Dominating
From remote jobs to finding more entertainment from the comfort of your space, time spent at home has much more emphasis on buyers. Buyers want a home that is both calm and relaxing to wind down after a long day. One trend we are seeing is the attraction to bringing nature inside the home. No, we aren't talking about animals, we mean indoor gardens, hanging pots, and lush foliage. These are all examples of green accents that can encourage a sense of healing and liveliness. In addition to greenery, buyers are also interested in natural woods! ...
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real estate, strong will real estate, vermont, chittenden county, keller williams, northwest vermont, burlington, home tips, home selling process, staging your home, curb appeal
Thursday, March 3, 2022 / by Brian Armstrong
Ready to sell your home this spring? As the temperatures warm up in the Green Mountain State, you are not alone. Spring is one of the most common times of year for a homeowner to put their home up for sale, so it is essential to make sure your property is competitive against others coming to market. Throughout the process, there will be a variety of decisions for you to make, which will ultimately determine if you have a successful and profitable sale. Below we outline the top 5 mistakes you should avoid when selling your home!
Selling The Home "For Sale By Owner"
Many homeowners believe that they can save money selling their homes without a real estate agent. Sellers that hire an agent commonly pay about 6% of the sale to the agent for helping them close their deal from start to finish. While this may sound like a large chunk of the sale, the added value of having a knowledgeable agent can help sellers achieve higher offers and fewer days on the market by bringing in qualified buyer; ...
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real estate, strong will real estate, vermont, chittenden county, keller williams, northwest vermont, home selling process, quick sale, staging your home, curb appeal, home inspection
Wednesday, November 24, 2021 / by Jordan LaFond
As you think about making a home purchase, whether it is your first home or one of many, you need to consider what type of home you can afford. Most homebuyers choose to finance a portion of their purchase since many Americans do not have the cash to buy a home outright. From market dynamics to interest rates, many factors contribute to the type of home you can finance. So, what exactly is buying power? Buying power at its roots is the available money you have each month to put toward a mortgage after your other debts have been paid off (i.e. car loans, student loans, rent, etc.) Keep in mind that your buying power focuses on more than just the sale price; you also need to factor in taxes, insurance, repairs, and other expenses related to owning a home.
Determining Your Buyer Power
Determining what you can afford from a lending perspective is based on many considerations. Gross income, debt, assets, credit score, and interest rates are the key factors your lender will look at ...
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real estate, strong will real estate, vermont, chittenden county, keller williams, first time buyer, buyers process, homebuying, interest rates, curb appeal, lending
