Wednesday, January 30, 2019 / by Amy McLeod
There's one thing more scary than buying a house, and that's selling a house.
There is so much pressure to list your house and sell it quickly—and for a great price—that you probably find yourself turning to those who've been there before for advice.
But here's the problem: The housing market changes on a dime, meaning whatever worked for them might not necessarily work for you. In fact, it may backfire, big-time! Here are some of the most outdated words of wisdom you might hear that you may be better off ignoring.
Wait for spring to sell your home
Odds are you've heard that the best time to sell your house is in the spring, because that's when the buyers are out and about. But it also means you'll be competing against a slew of sellers.
"Listing in the spring means you are positioning yourself to compete with several other homes. So as a seller in the spring, you have to price and market your home flawlessly to show buyers that your home is more desirable ...
Monday, January 28, 2019 / by Amy McLeod
The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:
Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.
Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.
Let The McLeod Group Network evaluate the demand for your house in our market! 971.208.5093 or email@example.com.
By: KCM Crew
Monday, January 21, 2019 / by Amy McLeod
What is boho home decor? If you're partial to mixing prints and colors in new, exciting ways, it's a trend you might want to take for a spin. Boho decor, which draws its name from bohemianism, is an open-minded approach to interior design. It's all about embracing an eclectic and informal mishmash of patterns and textures.
Below, our design experts share the quintessential elements of boho home decor and how simple it is to master this popular look in your home.
What is boho home decor?
Photo by Aundra Skinner Interiors
Boho decor is bold, free-spirited, and adventurous, says Lotta Lundaas of Norse Interiors. Think design that is inspired by decor you could have seen in a home during the hippie movement of the 1960s and '70s.
"I also associate boho design with colorful bazaars and marketplaces in Africa and the Middle East," Lundaas says. "Various textures, colors created from exotic spices, and handpainted patterns all come together and create a warm an ...
Monday, January 7, 2019 / by Amy McLeod
We're willing to bet you spend a whole lot of time in your kitchen, so odds are fairly good it's also one of the most cluttered rooms in your house. Somehow, everything that doesn't have a home (and lots of other stuff that does!) seems to end up in the same space meant for cooking.
But it's a new year, so if you've vowed to finally clean up your act—and your house—we're here to help!
If the prospect of decluttering seems overwhelming, never fear. No one said you have to tackle the whole house (or even a whole room) in one go. In this weekly guide on Home Organization Made Easy, we break down this monumental task into easy, bite-size projects. Each article will tackle a particular room (starting with your kitchen), then break it down further into manageable jobs that can fit any time window you have handy. Here's how to get organized in the new year whether you've got 15 minutes—or a few hours—to spare.
Got 15 minutes?
Fifteen minutes may no ...
Wednesday, January 2, 2019 / by Amy McLeod
As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you need to watch carefully: interest rates & inventory.
Mortgage interest rates had been on the rise for much of 2018, but they made a welcome reversal at the end of the year. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates climbed to 4.94% in November before falling to 4.62% for a 30-year fixed rate mortgage last week. Despite the recent drop, interest rates are projected to reach 5% in 2019.
The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.
Purchasing power, simply put, is the amount of home you can afford ...