Here’s a little secret for all of you homeowners – right now, we’re experiencing a sellers’ market. What’s that, you ask? Essentially, there are currently more buyers than there are sellers out there. Have you been thinking of selling your home? There’s never been a better time for you to set a price and stick to it! Here are 6 significant reasons to sell your home today. You won’t want to miss the last one.
As the Gateway to the West, St. Louis has experienced plenty of change since its birth in 1764. This is especially evident as you take a leisurely drive around the city and view the homes that dot the neighborhoods. From the humble bungalow to the ever-impressive Victorian, our fair city is home to several styles of architecture. Here are the top 5 house styles that can be found around St. Louis:
The Bungalow
Most people find it difficult to move out of an apartment and into a permanent home as quickly as they'd like, but some have particular urgency in their search. Whether it's the growth of the family, a toxic landlord or just the innate desire to break ties and own your own land, the months-long process just isn't fast enough for some folks.
Waking up your lawn can be challenging, and there is added pressure if you want to put a home on the market. Early spring is one of the best times of the year to make your home look great. This busy season coincides with an uptick in activity in the real estate market, making it that much more critical for you to get your lawn back in great shape.
Instead of decorating your home for the holidays, why not buy a new one? While winter is part of the off-season in real estate, many buyers find that it's the perfect time of year to buy the home of their dreams. After all, you'll have a lot more fun decorating a new home than your current one. Here are some reasons to consider buying real estate in the off-season:
Fewer Buyers
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.
In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent than buy in any of the metropolitan areas.
Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping.
Every homeowner knows they need a full range of homeowner’s insurance coverage to protect them from the many contingencies that could befall them, from liabilities related to trip hazards, fire, theft and weather events. What about vacation homes? Do these second or seasonal homes need special or heightened types of insurance protection?
Consumers who are seriously in the home-buying and -selling market should be mindful of a variety of competing home price estimators. Solely relying on just one price estimate is likely to skew the views of what a particular property will actually transact for. When it comes to online home value estimates, however, the No. 1 caveat for consumers is that these estimates are not a substitute for formal appraisals, comparative market analyses and the in-depth expertise of real estate professionals. Nonetheless, it is important to know the different sources of automated valuation models (or AVMs) and home value estimates available online, so that you can help clients and potential clients understand these estimates in their proper context.
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