Monday, March 27, 2017

10 Tips to Prepare your Home for Sale!

We often get asked from home sellers, what do I need to do to get my home ready to sell. Unfortunately we often get that question a little to late in the process and it becomes a stress factor, especially in a hot market like we are having now.   It can seem overwhelming, but if you are thinking of listing your home to sell, here are 10 tips to help you prepare the home before you list it, as well once you have it on the market.
10 Tips to Get Your Home Ready

When we meet with clients we review these details in a couple of stages.  Of course, if there are repairs that are needed, it is very important to get them fixed. Even though most homes are technically sold As-Is, these issues will impact negotiations.  Once these items are fixed, your attention needs to turn to first impressions and that is where curb appeal, de-cluttering and finally deep cleaning the home.    When these things are completed, your home is ready to go live on the market.

Once your home is live, it is important to keep the first impression  aspect on the top of your mind at all times.  Your Realtor will help you schedule showings to your needs so timing shouldn't be an issue.  But keep in mind your home being available to see at the buyers schedule, is part of the mix that is important in getting top dollar for your home.  

If you are thinking of a move, coming up, call your Realtors and ask them to do a review of what is needed to get your home sold.  Even if you don't plan to sell for a couple of months or later in the year.   Preparing now will certainly help you achieve your home selling goals.

Of course, we are are always here to help. We have put together a quick eGuide which is FREE and filled with tidbits to help you get started.

Wednesday, March 15, 2017

So what is really happening in the OC Real Estate Market.. February Market Recap

Has spring sprung for Real Estate... We are hearing news about how hot the  OC real estate market is, but what does that mean when you look at the numbers.. Well here you go, the Orange County Association of Realtors just published a market recap for the area and we have broken down some of the data a bit further..
orange county home sales February by realtor chuck harper
Orange County Home Sales February 2017

  • The median price of a single family detached home in Orange County is $755,000 and this up 5.6% from February 2016.
  • Inventory of available homes is down just about 6% with less homes coming on the market.  Currently there is less then 3 months of inventory available in the OC.
  • The median price of a attached home in Orange County is $450,000 and is up 5.3% from February 2016.
  • Inventory of available condo/townhomes is down almost 14% with only two months of inventory available for home buyers.

So what does this mean.. If you are a home owner thinking of selling this spring, we should chat.  With the low inventory and high buyer demand, your home is a sought after commodity...  As the spring market warms up, we generally see more homes come on the market that will add competition to it.  

But let's not forget today's home buyer is very smart.  They can look at the numbers just as sellers do.  Currently they are paying about 99% of the list price, but homes that are overpriced are the homes that are sitting on the market.   If your home is priced at fair-market value, presented well and available your home is going to sell!

Of course,  the Orange County real estate market is a big market with a variety of areas, so when they say real estate is local, it is true. Pricing will vary by community. I was just looking at pricing in Tustin Ranch and West Irvine, where the average gain percentage between attached and detached homes was up about 13%.    Laguna Niguel price gains is about 10% and Mission Viejo just over 8%. 

Home buyers in Orange County looking to buy... should be looking in Lake Forest. Pricing of single family homes is flat from last year and attached homes a was down about 15% with the average price of condo/townhome in Lake Forest $355k vs. the county wide number $450k.. Opportunity is knocking..

If you are looking to purchase and or sell, don't hesitate to give us a call.  As you can we see we like data and it is a great way to help both parties develop a win/win strategy.  

Friday, March 10, 2017

Open House - 5 Cantania Mission Viejo... Don't Miss It

With the median home price in Orange County near $700k, you won't want to miss this opportunity to own in the sought after gated community of Mirasol in Mission Viejo!   We will be holding this home open both Saturday and Sunday March 12th-13th so make sure to put us on your calendar..

5 cantania by realtor chuck harper

Details of this home include: 3 Bedrooms, 1700sq.ft priced at $575,000

The Balboa's dramatic entry leads to high-ceilings in the  living room and dining areas. Around the corner, your gourmet kitchen features remodeled cabinets and a stainless steel refrigerator is included. The kitchen adjoins a family room featuring a see-through fireplace that is shared with the living room. Upstairs you'll enjoy a private master suite, enhanced by a luxurious master bath with separate tub and shower and spacious walk-in closet; the second level also includes two large secondary bedrooms and a 2 car garage with direct access. The Balboa a home that's sure to be just your style!

We will be open Saturday and Sunday from 1pm - 4pm.   See you there

Don't forget this weekend to set your clocks forward 1 hour...  Check out these fun facts about what an extra hour a day does for the real estate market.  Will you buying a home during that time..