Philadelphia Area REALTOR®
If you’re a landlord and are thinking about selling your property, this one is for you!
You have decided it’s time to sell your rental property. However, it’s still occupied, and your tenant’s lease hasn’t expired yet. Based on my extensive experience with selling rental properties in the Philadelphia metro area, my first suggestion is to wait until the tenant has moved out before listing. It makes it much easier to prepare the home for sale and eliminates any issues with showings.
Most people (including you) want to know, “Where is the market headed in 2019?” Well, I’m glad you asked.
[Read more…] about Where Is the Real Estate Market Headed in 2019?
When home shopping in the City of Brotherly Love you might want to consider a condo or townhouse. While either is a perfect starter home for first-time homeowners, small families, and single people, and both usually require owners to pay association fees, they also have a number of distinctions that you should keep in mind as you’re doing your research.
Read: Condo or Townhouse: What Is the Difference?
Enjoy this article courtesy of Blue Matter, a blog by Coldwell Banker. Dee Greene Hill is a licensed agent with Coldwell Banker Preferred.
You hear it a lot – there are best and worst times to make any sort of purchase. Whether it’s a television, a car, or a home, statistics are available that may influence your decision on when would be the best time to make a purchase.
Read More: Best Season to Buy a Home
Enjoy this article courtesy of Blue Matter, a blog by Coldwell Banker. Dee Greene Hill is a licensed agent with Coldwell Banker Preferred.
Post derived from www.keepingcurrentmatters.com
CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.3% over the next year.
The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage hovered close to 4.0% in 2017. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by nearly a full percentage point by this time next year.
An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.
There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.
As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.
Are you ready to put your housing cost to work for you?
The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.
But what if they weren’t? Would you wait?
Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.
Buying a home can raise some emotional concerns. Before you make an offer on the house, here are 5 things you must remind yourself.
Read More: Before Making an Offer on a House
Enjoy this article courtesy of Blue Matter, a blog by Coldwell Banker. Dee Greene Hill is a licensed agent with Coldwell Banker Preferred.
A lot depends on where you live (and how much you plan to finance), but these factors could mean 2018 will be your year to take the buying plunge.
Most people you know are on social media. Maybe it’s Facebook or Instagram. Maybe they stick to LinkedIn and keep their online socializing professional. Either way, social media has become a dominant force in terms of communication. Pinterest alone has taken 1/3 of all searches away from Google, proving that social media is here to stay.
Recently, I was fortunate enough to have the opportunity to list a beautiful 2BR w/den, 1.5 BA condo at 921 N. 4th Street in the Northern Liberties section of Philadelphia. This property was completely renovated about 8 years ago. Located on the first floor, it has gorgeous hardwood floors and a private back yard oasis. I am a firm believer in social media selling – especially for real estate. I posted information about the open house across all of my social media channels. You could find home photos on Instagram, Facebook and Twitter. I posted about the property listing and open house multiple times with a myriad of beautiful photos and a very detailed description of the home. Within 2 weeks of acquiring the listing, the home was SOLD! Actively marketing the property to other agents and driving traffic certainly played a role in getting the property sold. However, I firmly believe that social media marketing was a huge factor in finding the perfect buyer for this home.
Here’s why social media selling is crucial whenever you are looking to sell your home.
First, by sharing the professional photos of the home on my social media accounts, I expanded the reach and got more impressions. I used relevant hashtags and marketed to the perfect target audience. I spread the word about how amazing this home was by sharing it on social media.
I was also able to sell to people without selling to people. I could put gorgeous home photos and valuable information in front of the people who needed it the most while it felt organic and natural.
Next time you consider selling your home, ensure that your REALTOR is implementing a social media marketing strategy. Social media selling is going to help ensure your open house is filled and buyers are ready to put an offer in before they walk through the door.
