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September
19

Clearing Clutter - Sell a Home - Haring Realty

Selling your home while you're still living in it is difficult for many sellers because it requires keeping the house show-ready, or not far from it, at all times. You never know when someone might schedule a showing, so you may have fairly short notice to clean and spruce up your home. Fortunately, decluttering and staging your home before listing it for sale will help prepare you for anything. Here are a few tips from our REALTORS® on decluttering when selling your home.

  • Make use of a storage unit.
    Most of us have way more belongings than your real estate agent would like to be in your home when it's being shown. Clutter tends to make homes look smaller and ruins buyers' ability to imagine themselves living there. It will help you declutter if you get a storage unit to hold everything you don't need right now, such as off-season clothes, holiday decorations, and other seldom-used items.

    Click Here to Read More...

August
15

Avoid Staging Mistakes - Home Sellers - Haring Realty

Staging a home is one of the most effective ways to attract potential buyers. Like all things, it's easy to make a mistake when you haven't done it before. To help you out, our REALTORS® have put together a quick list of potential mistakes that you should avoid. 

  • Not Keeping It Clean
    Homeowners often make the most obvious staging mistake of not keeping everything clean enough. Once you decide to sell your house, you should act almost as if a potential buyer who's looking for Mansfield and Ashland homes for sale could walk through your doors at any moment. You should be cleaning up every evening or morning, intending to be able to present your home within a half hour or less.

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January
17

Get Ready to Sell in 2022 - Haring Realty

Are you planning to sell your house this year to take advantage of the seller's market? That's a great idea, but our REALTORS® would like to call your attention to a few things you will want to address before you do. Mansfield and Ashland homes for sale are certain to bring healthy profits to the sellers, but maximizing those profits is still important. Here's how that can be done:

  • Forgo unnecessary upgrades
    In more competitive markets, sellers often invest thousands of dollars in renovations in the hopes of making a greater profit. At this point, sellers are better off making minor upgrades such as new paint than major remodels. Focus instead on presenting a clean and welcoming environment by eliminating clutter and personal items. You still want potential buyers to easily imagine their own belongings in the home rather than yours. But instead of paying an interior decorator to stage your home, remove photographs and add some houseplants to make their first impressions inviting.

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December
20

Things to Leave Behind - Sell a Home - Haring Realty

When selling a home, you often have a lot of decisions to make. One of those decisions has to do with what you leave behind and what you take with you to your new home. Many things, you can either take or leave depending on your own needs. However, there are a few things you cannot legally take with you when selling a home. Our REALTORS® would like to present you with a list of these items below.

  • The Landscaping
    You may be tempted to dig up a prized rose bush or a specific hosta you really love, but if a plant was there when you listed the home, you have to leave it behind. The same goes for any hardscaping elements, such as built-in stairs, fountains, and handrails.

    Click Here to Read More...

February
1

Home Valuation - Haring Realty

Pricing your home correctly is one of the biggest keys to attracting a robust pool of potential buyers, but the pricing process feels like one big mystery for many sellers. The good news is that it definitely doesn't have to be! While the pricing process can be complex, every good real estate agent follows a similar process to determine a home's value. Understanding what does – and what doesn't – factor into a home valuation will help you get a better grip on how much to expect when you sell. Our REALTORS® are here to help remove the mystery from the home valuation process.

  • It All Starts with a CMA
    When determining the value of your home, your agent will start with a comparative market analysis (CMA) to compare your home with other, similar properties in your area. A CMA looks at the comparable homes that are currently on sale, those that have already sold recently, and homes that were listed but didn't sell. With a CMA in hand, you'll have a much deeper understanding of how your home fits within your local real estate market, whether you're competing with other Mansfield homes for sale or listing in any other community.

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August
10

Reasons to Sell Now - Home Sellers - Haring Realty

Is now a good time to sell your home? Between the continued threat of the COVID-19 pandemic, layoffs, and a wobbly economy, it's no surprise that many who may have planned to sell their home this year are wondering whether they should take a shot or wait it out. The hesitancy is understandable given the disruption and uncertainty caused by the pandemic. But our REALTORS® believe now is a good time to sell for the following reasons:

  • There is a Pent-Up Demand for Homes
    When the pandemic forced many states to ban open houses and enforce quarantine, the buying and selling of homes understandably went dormant for some months. But now that lockdown restrictions have loosened up, homebuyers are eager to take the shot and make up for the lost time. There are strong signs of a rebound in the real estate market as homebuyers are out with a vengeance. This demand is strongest in smaller, cheaper cities and suburbs as more employees are allowed to work remotely for the foreseeable future.

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March
16

Weekend Home Improvement Projects - Haring Realty

Curb appeal is crucial when selling your home. A good first impression not only draws a potential buyer's interest, it may even affect what kind of offer they make on your home. There are lots of little things you can do outside that don't cost much. These improvements can add up to big changes that make your property shine. Our REALTORS® provide a few tips on how to increase your home's curb appeal in just a weekend or two.

  1. Paint the Front Door
    While neutral colors are best on interior walls, a colorful front door can attract potential buyers' attention. Go for contrast—red is still one of the most popular colors and will make your house pop. When the paint's completely dry, (give it a day or two) hang a pretty wreath on the door.  If you're feeling particularly ambitious and your garage door or back entrance could use a fresh coat, consider painting them, too. While you're at it, try adding some funky (but easy to read) house numbers so people looking for Mansfield homes for sale can easily find your address.

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February
24

FSBO vs REALTOR - Haring Realty

It's not uncommon for a seller's thoughts to wander toward the idea of selling their home by themself. At first glance, it seems like an expedient way to sell their home and save money in the process. However, our REALTORS® caution that the process isn't as easy as it may seem, and even the most seasoned seller can make costly mistakes that an agent would avoid.

  • Time is Money
    Selling a home requires a significant investment of time. You need to prepare marketing materials, schedule appraisals, and prepare the house before you even list it. Once the home is on the market, you'll spend hours each day answering phone calls, responding to emails, and preparing to host an open house. It's akin to taking on a second job, which can affect job performance and the ability to connect and close the deal with prospective buyers.

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January
27

Open House Prep - Haring Realty

As you prepare your home for an open house, our REALTORS® want to remind you that your entire property needs to be presented in the best light. Although many homeowners wisely invest in remodeling their kitchens, bathrooms and master suites, some sellers tend to forget just how important smaller rooms of their homes are. We insist that you don't overlook these rooms when planning your open house.

  • Laundry Room
    The laundry room is an essential room that should be prioritized during the showing. Buyers desire clean, organized spaces that make doing weekly laundry convenient. Stage this area with towels, laundry supplies and even an ironing board or clothing rack to present buyers with a space that feels accessible and functional.

    Click Here to Read More...

December
16

Winter Listing Photography Tips - Haring Realty

Selling your home in winter depends on how visually appealing and inviting your property looks to a buyer. That initial look will often be your online listing, so it's important that your listing photos make a good first impression on potential buyers. Our REALTORS® want you to get that picture-perfect listing for your winter home photos.

Haring Realty is the only broker around the Mansfield area that employs a professional photographer onsite. This allows us to showcase your home in the best possible light online. All you have to do is get your home prepped for the day of the photoshoot. Here are seven easy steps to get your home photo ready.

  1. Clean, Clean, Clean
    An important note not just for photos, but for any listing. Make sure your home is sparkling clean before you list it for sale. From cobwebs in corners to shampooed (or replaced) carpets, make sure you deep clean inside. Don't forget to clean outdoors too, removing leaves from gutters and power washing your siding if weather permits.

  2. Remove Snow and Mow
    Unfortunately, Ohio weather can make it difficult to know which action comes first, but make sure you keep up your landscaping and exterior maintenance in winter. Remove snow from sidewalks and doorways. If the snow hasn't arrived, you should make sure your yard is neat and tidy.

  3. Decorate Seasonally
    Create a festive look with some tasteful decorations—but don't go overboard. Consider hanging some icicle lights or a holiday wreath. Avoid larger decorations like an inflatable Santa, or other decorations with a specifically religious theme.

  4. Pet-Free
    We all love our pets too, but a barking dog or inquisitive cat could put a wrench in your photoshoot. Ask a friend or relative to keep your pets for the day to ensure that we can photograph your home without any distractions.

  5. Include Plants and Greenery
    Plants can add much-needed life to listing photography. Make sure you have a selection of indoor plants and some vases of flowers (don't worry, you can buy new or rent if you don't have a green thumb). Outdoors think of your evergreens and trim any wild shrubs or winter blooms.

  6. Winter Doesn't Last All Year
    If your summer fire pit is your best feature, don't hesitate to add that to your home listing. While people will want to see your property now, they'll also want to see possibilities for the future. Don't hesitate to add photos from all seasons, showing your home in different colors and stages.

  7. Professional Photo Support
    With our professional photographer handling your listing photos, you can sit back and relax. From exterior shots with the best possible lighting to interior shots taken at the best angles, your listing photos will capture what makes your home stand out among Mansfield homes for sale.

Contact us to start planning your home sale photoshoot now. 

March
11

Spring 2019 Spring Home Maintenance List
With Spring just around the corner (and we promise it really is), you may be eyeing those cobwebs on the ceiling and the dust bunnies along the baseboards. As you tackle that Spring cleaning list, don't forget your home's maintenance list, especially if yours is a Mansfield home for sale.

Our REALTORS® suggest checking through these key areas of your property, top to bottom:

  • Roof and Gutters
    Spring is a good time to clean the roof and check for missing shingles,  rust or cracking, and of course, any leaking. Sometimes simply hammering the wayward shingle down and applying some caulk is enough, and sometimes you might need to call a professional. If you can't get on the roof yourself, using a pair of binoculars can get you started with your inspection. 

    At the same time you're giving the roof some attention, look over the gutters too. Clean out any leaves or debris. Look for leaks here also, as well as any place the gutters or downspouts may have pulled away from the house. Again, the caulk gun may be all you need to shore up the problem.

    Click Here to Read More...

August
16

Sell a House in Mansfield Ohio
Selling your home is an important decision and can be complicated without the right real estate agent by your side.  Our REALTORS® have assisted residents in the Mansfield real estate area sell their homes since 1983.  And, we have the marketing know-how to sell your home too.  However, not all real estate agents are created equal, and it is a good idea to do the necessary research beforehand to ensure that you make the best decision. Here are just a few things to keep in mind when you are hiring a real estate agent to list your house.

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June
12

Staging Your Home for Sale8 Staging Secrets for Selling Your Home

An open house is an excellent way to get your home seen be many potential buyers, but it's more than just opening your door. Our REALTORS® often get asked for advice on how to get a home ready for sale or for an open house. Staging is essential! You'll want to make sure it looks appealing and inviting to as many buyers as possible. That ensures your home sells as quickly and at the best price. These tips will have your home looking amazing and ready to sell.

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May
21

Selling Your Mansfield Home
Have you ever wondered what rules govern what should be left behind when you turn your home over to new buyers? The truth is, there isn't much by way of law to dictate what goes with the house, but common practice can help guide your decisions. There are certain things buyers tend to expect will come with the Mansfield homes they view. When it comes down to it, though, your contract spells out everything for both buyer and seller, so you can specify anything you want to take in your list of exclusions.

Here are some guidelines for what to leave, what you can take, and when to negotiate.

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April
30

Steps to Prepare Home for Showings

Follow These Steps to Get Your Home in Top Shape for Showings

There are a number of things you can do to increase the chances of selling your home quickly and easily. One of the most important is to make sure your home is ready for others to see it. Cleaning and de-cluttering should be on the top of your to-do list. Remember, buyers searching for Mansfield homes for sale will scrutinize every corner of your home. Here are a few tips from our REALTORS® to help you make the best impression possible.

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April
23

Home Improvement Projects to Boost Value
Boost Your Home's Resale Value with a Few Simple Improvements

It's tax time again. Although many people dread filing their taxes, receiving a refund makes it a little more bearable. A great use for that extra money is updating your home. If you're staying in your home for the foreseeable future, there are many upgrades that can make your life easier and your home more aesthetically pleasing. But if you're looking to add your house to the current list of Mansfield homes for sale, you'll probably want to make some updates that will appeal to buyers and add value to your home. Our REALTORS® definitely know what makes a good impression on buyers and using your tax refund for one or more of these updates can help get your house sold.

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April
2

Make Sure Your Home's Sales Price is Competitive

Sell Your Home CMA

When you decide to sell your home, determining the price is an important step. Our REALTORS® have the expertise and insight to help price your home right, but the process isn't as subjective as you might think. Coming up with a listing price for a property isn't as easy as pulling one out of the air. A lot of information gets considered and the CMA provided by your agent will help make sure the listing price on your home makes both you and your potential buyers happy.

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March
27

Sell Your Home Ask These Questions

Selling your home can be overwhelming. Success depends on a combination of the right situation, the right market, and the right real estate agent. There are questions you'll want to ask prospective real estate agents when you're getting ready to sell your home. Here are ten questions our REALTORS® have been asked when potential clients are preparing to sell their Ashland, Ohio homes for sale

Click Here to Read More...

June
7

Tips to Get Your Home Ready for Showings

Keep Your Home Showing Ready with Kids
Ready to list your home in Mansfield? Your personal spaces are about to go public in a big way, and it's important to make sure they look ready for guests--and then stay that way until it's sold. If you have kids, it might seem impossible to keep the space picture-perfect as you plan a move, but it could be the most important thing you do as a seller. Before the "for sale" sign goes up, enlist help from every member of your household to keep your home clean and desirable in the weeks ahead. After all, there's no time to waste in real estate, and interested buyers should be able to see your house promptly before they lose interest and move on.

So, how do you make sure your home continues to stand out among other Mansfield and Ashland homes? Start by adopting some of these strategies as a family.

Click Here to Read More...

February
2

No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring! | MyKCM

Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season.

Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now.

1. Demand is Strong 

Foot traffic refers to the number of people who are out, physically looking at homes right now. The latest foot traffic numbers from the National Association of Realtors (NAR) show that the number of buyers out looking for their dream homes in December reached the highest mark since February 2016.

These buyers are ready, willing and able to buy…and are in the market right now! Take advantage of the strong buyer activity currently in the market.

2. There Is Less Competition Now 

Housing inventory just dropped to a 3.6-month supply, which is well under the 6-month supply needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices; however, additional inventory is about to come to market.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last four years. Many of these homes will be coming to market soon.

Also, new construction of single-family homes is again beginning to increase. A study by Harris Poll revealed that 41% of buyers would prefer to buy a new home, while only 21% prefer an existing home (38% had no preference).

The choices buyers have will increase in the spring. Don't wait for this other inventory to come to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend to a smoother transaction.

4. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 4.7% over the next 12 months according to CoreLogic. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate around 4% right now. Rates are projected to rise by half a percentage point by the end of 2017.

5. It's Time to Move on with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take back control of the situation by putting your home on the market. Perhaps, the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

November
8

 

It's Not Always Marriage Before Mortgage | MyKCM

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current income would never enable them to qualify for a mortgage.

We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting statistics on the first-time buyer:

It's Not Always Marriage Before Mortgage | MyKCM

Unmarried couples jumped up to the third spot, right after their married counterparts and single women. Many couples are buying a home before spending what would be a down payment on a wedding.

Bottom Line

You may not be much different than many people who have already purchased their first home. Let's get together to determine if your dream home is within your grasp.

November
3

Think All Millennials Live in Their Parent's Basement? Think Again! | MyKCM

According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America's youth born between 1982-2000, now represent more than one quarter of the nation's population, totaling 83.1 million.

There has been a lot of talk about how, as a generation, millennials have 'failed to launch' into adulthood and have delayed moving out of their family's home. Some experts have even questioned whether or not millennials want to move out.

The great news is that not only do millennials want to move out… they are moving out! The National Association of Realtors (NAR) recently released their 2016 Profile of Home Buyers and Sellers in which they revealed that 61% of all first-time homebuyers were millennials in 2015!  

The median age of all first-time buyers in 2015 was 31 years old. 

Here is chart showing the breakdown by age:

Think All Millennials Live in Their Parent's Basement? Think Again! | MyKCM

Many social factors have contributed to millennials waiting to buy their first home. The latest Census results show that the median age of Americans at the time of their first marriage has increased significantly over the last 60 years, from 23 for men & 20 for women in 1955, to 29 & 27, respectively, in 2015.

Those who went to college and took out student loans are finally paying them off, as the terms on traditional student loans are 10 years. This means that a large portion of the generation is making its last loan payments and is working toward saving for a first home.

As a whole, the first-time homebuyer share increased to 35% of all buyers, up from 32% in 2014. Not all millennials are first-time buyers, they also made up 12% of all repeat buyers!

Bottom Line

Millennials will continue to drive the housing market next year, as well as in the years to come. As more and more realize that owning a home is within their grasp, they will flock to own their piece of the American Dream. Are you ready to buy your first or even second home?

October
18

How Historically Low Interest Rates Increase Your Purchasing Power | MyKCM

According to Freddie Mac's latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.

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 buy for the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget.

The chart below shows what impact rising interest rates would have if you planned to purchase a home within the national median price range, and planned to keep your principal and interest payments at or about $1,100 a month.

How Historically Low Interest Rates Increase Your Purchasing Power | MyKCM

With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5%, (in this example, $6,250). Experts predict that mortgage rates will be closer to 4% by this time next year.

Act now to get the most house for your hard earned money.

August
31

 

 

Home Values: DEFINITELY NOT in Bubble Range!! | MyKCM

There are some industry pundits claiming that residential home values have risen too quickly and that current levels are on the verge of another housing bubble. It is easy to see how this thinking has taken form if we look at a graph of home prices from 2000 to today.

Home Values: DEFINITELY NOT in Bubble Range!! | MyKCM

The graph definitely looks like a rollercoaster ride. And, as prices begin to reach 2006 levels again, it "seems logical" that the next part of the ride would be downhill. However, this graph includes the anomaly of the price bubble and the correction (the housing crash).

What if the bubble & bust didn't occur?

Let's assume that instead of the rise and fall in home prices that we saw last decade, we just had normal historic appreciation from 2000 to today. According to the 100+ experts that are surveyed for the Home Price Expectation Survey, normal annual appreciation for residential single family homes from 1987 to 1999 was 3.6%.

Starting with the median home price in 2000, we added 3.6% to it each year since then. Here is that graph intermixed with the above graph.

Home Values: DEFINITELY NOT in Bubble Range!! | MyKCM

What this shows us is that, had the bubble and crash not occurred and instead we just had normal annual appreciation over this period, prices would actually be greater than they are today.

Bottom Line

There is no reason for alarm as prices seem to be right in line with where they should be.

July
5

4 Reasons to Buy This Summer!

4 Reasons to Buy This Summer! | MyKCM

Summer is here! The temperature isn't the only thing heating up right now, so too is the housing market in many areas of the country! Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic's latest Home Price Index reports that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.3% over the next year. The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects home values to appreciate by more than 3.2% a year for the next 5 years.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase 

Freddie Mac's Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained around 4%. Most experts predict that they will begin to rise over the next 12 months. The Mortgage Bankers Association, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will be up almost 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. 

3. Either Way You are Paying a Mortgage

As a paper from the Joint Center for Housing Studies at Harvard University explains:

"Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That's yet another reason owning often does—as Americans intuit—end up making more financial sense than renting."

4. It's Time to Move On with Your Life

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 whether 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.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

March
28

The Top 5 Reasons You Should Not For Sale By Owner | Keeping Current Matters

In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.

Here are five of those reasons:

1. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer's agent who solely represents the best interest of the buyer
  • The buyer's attorney (in some parts of the country)
  • The home inspection companies, which work for the buyer and will almost always find some problems with the house
  • The appraiser if there is a question of value

2. Exposure to Prospective Purchasers

Recent studies have shown that 89% of buyers search online for a home. That is in comparison to only 20% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

3. Results Come from the Internet

Where do buyers find the home they actually purchased?

  • 44% on the internet
  • 33% from a Real Estate Agent
  • 9% from a yard sign
  • 1% from newspaper

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

4. FSBOing has Become More and More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.

The 8% share represents the lowest recorded figure since NAR began collecting data in 1981.

5. You Net More Money when Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent's commission. The seller and buyer can't both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $210,000 while the typical house sold by an agent sells for $249,000. This doesn't mean that an agent can get $39,000 more for your home as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.

March
9

Housing Market To

Just like our clocks this weekend in the majority of the country, the housing market will soon "spring forward!" Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn't happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows.

The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2015 all fell in April, May or June.

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

Bottom Line

If you are planning on selling your home in 2016, meet with a local real estate professional to evaluate the opportunities in your market.

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