Welcome to our September real estate roundup, where we bring you the latest insights and trends in homeownership, buying, and selling. As the summer fades into memory, the real estate market is heating up with exciting opportunities and expert advice.
In this compilation of articles, we’ll explore a wide range of topics, from giving your kitchen a stunning makeover to navigating the world of new construction, selling your home, and transforming your shower into a spa-like retreat.
Whether you’re a seasoned homeowner or a first-time buyer, this collection has something for everyone looking to make the most of the September real estate landscape. So, let’s dive in and uncover insights to help you thrive in this dynamic market.
How To Sell A Home
Looking to sell your house? This article by Kevin Vitali has got you covered with some essential tips.
One of the first steps to selling your house is to get the right asking price for your home. Make sure to research your local market. Staging your home is also vital – preparing your home, editing your belongings, and arranging your furniture strategically can make your home inviting to visiting home buyers. And don’t forget about the curb appeal; spruce up the exterior to make a great first impression.
This article emphasizes the importance of good photos and compelling property descriptions when marketing your property. Lastly, staying flexible and open to negotiations can be a game-changer when selling a house.
There are many home-selling myths out there. Following advice from real estate experts can be a key to success.
Why Do Homes Under Contract Fall Apart?
One of the worst parts of buying and selling homes is when a sale falls through. It can be an emotional rollercoaster ride to go through the excitement of selling your house, only to have it all crumble.
But what causes home sales to fall through? Get a firm understanding of the common reasons contracts never reach the closing stage in this insightful article.
Maybe you can avoid a tricky situation caused by some of these issues.
Common Problems With New Construction Homes
When looking into the housing market, especially in Massachusetts, new construction homes are often on the top of many people’s lists. But buying a brand-spanking-new home isn’t always a walk in the park. As Bill Gassett points out, a handful of common problems in new construction can potentially arise. The issues can range from electrical to HVAC to flooring and more.
Some new homes suffer from poor construction quality. And it all starts with the builder. Are they quality craftsmen who take pride in their craft, or are they about profit? Researching your builder first will go a long way in avoiding problems. Working with an agent experienced in new construction and having a pre-purchase inspection will also go a long way in preventing issues.
Constructing a brand-new house in Massachusetts offers a great opportunity to tick all the boxes for your dream home. But you’ve got to keep an eye on the quality. Pop by the site and make sure the builder is meeting quality standards.
Give Your Credit A Boost
Looking to boost your credit score for a mortgage? Karen Highland dives into the nitty-gritty of improving your credit score, which is vital when eyeing that dream home. A healthy credit score can be your key to success in today’s competitive real estate market.
Paying bills on time is one crucial step in boosting that credit score. Late payments can drag your credit score down faster than a lead weight. Keep your credit card balances in check. High credit card balances relative to your credit limit can plummet your score. And if you’re thinking of closing old credit accounts, think twice – Karen explains how this can negatively impact your credit utilization ratio.
Improving your credit score isn’t rocket science, but it requires strategic moves, and this article has great insight.
Budgeting For A Home Renovation
In this informative piece by Kyle Hiscock, he discusses the nitty-gritty of home renovation budgets. It sheds light on the importance of meticulous planning when sprucing up your home.
Understanding your financial limits is critical before you embark on any renovation project. Find practical advice, as the essential steps to create a budget are laid out for you.
Prioritize what’s important. Making a list of must-haves and nice-to-haves can help you stay on track and avoid overspending. Stay grounded and avoid the common pitfalls that can derail even the most well-intentioned projects.
This article is a must-read. Its down-to-earth advice offers a roadmap to navigate the complexities of budgeting for home improvements. So, whether you’re eyeing that kitchen upgrade or contemplating a bathroom overhaul, this article serves as your trusty companion in the renovation journey.
Why Do Pending Homes Sales Fail?
Paul Sian helps explain why pending home sales are falling through. It boils down to two main categories: buyer-related factors and property-related factors. Buyers sometimes experience remorse, financing hurdles, or a lack of knowledge about the buying process, leading to last-minute cancellations. On the selling side, issues with inspections, appraisals, and contingencies can also jeopardize a sale.
Pending home sales as properties under contract but not yet closed, highlighting their importance in gauging the real estate market’s health.
Analyzing pending home sales data provides insights into buyer demand and market trends, helping industry professionals make informed decisions. It’s a dynamic market, and tracking trends, such as median home prices and inventory levels, is crucial for adapting to changing conditions.
Buyers face disappointment and potential delays in their housing goals, while sellers may need to readjust plans and incur additional costs. On a broader scale, trends in falling-through sales can indicate market conditions, affecting buyer and seller behavior.
The article concludes with strategies for navigating a challenging market, including staying informed, adapting pricing strategies, enhancing property appeal, and engaging experienced professionals.
Utilities for Rental Property: What Every Tenant Should Know
You have rented a new place. But before you settle in, let’s talk utilities. Joe Boylan provides information on what renters need to know about utilities in a rental property.
First off, understanding your lease is key. It should spell out which utilities you’re responsible for and which ones your landlord takes care of. Don’t be caught off guard – know your monthly obligations upfront.
Make sure to transfer the utilities into your name as soon as you move in to avoid any dark and cold surprises. Internet and cable? Well, that’s on you; they are not necessities but nice.
Budgeting is your best friend. Watch those utility bills; they can sneak up on you. So, stay informed, be responsible, and enjoy your new rental digs!
Planning Your Dream Kitchen Makeover
If you’ve ever dreamt of giving your kitchen a stunning makeover, Michell Gibson shares tips on creating your dream kitchen makeover. Find practical tips and expert advice to help you revamp your kitchen space. This article covers everything from choosing the right color palette to selecting the perfect countertops and cabinets.
First, selecting a suitable color scheme can make or break your kitchen’s ambiance. The article emphasizes the importance of harmonizing colors to create a cohesive look. Whether you’re into bold and vibrant shades or prefer a more muted palette, this guide walks you through decision-making. As the author wisely suggests, it’s all about finding that spot between style and functionality.
Now, let’s talk cabinets and countertops. Learn how to strike the perfect balance between aesthetics and durability. Plus, there’s a handy tip on maximizing storage space because who doesn’t need a bit more room for their kitchen gadgets? So, if you’re itching to give your kitchen a makeover, this article has covered you with a treasure trove of insights.
What to Ask a Realtor When Selling a Home
Looking to sell your home? Luke Skar has written a great article about what questions to ask a REALTOR before listing with them.
First, you’ll want to know about their experience in the game. You need someone who’s been around the block and knows the ropes when selling your home. Don’t be shy about asking for their track record with previous clients – those success stories can reveal much about their skills. And let’s talk strategy – how do they plan to get your home off the market? You don’t want a REALTOR who’s just rolling the dice.
But wait, there’s more to consider. It’s crucial to understand their communication style. Will they keep you in the loop with updates and potential buyers, or are they as elusive as a ninja at night? And don’t forget to discuss their fees and commissions upfront – no one likes financial surprises. Finally, find out how flexible they are with your schedule and preferences. Adaptability can be a game-changer in the world of real estate.
When you’re preparing to sell your home, ask these key questions. It’s all about finding the right match to navigate the real estate market.
Seller Concessions for Repairs
Ever wonder what “seller concessions for repairs” mean in real estate? Eric Jeannette explains that it’s when the seller decides, “Instead of fixing that, how about I just reimburse you for the costs?” Typically with a seller concession, you are reimbursed for a closing cost credit, where the seller will pay some or all of your closing costs.
However, a tiny word of caution: don’t mistake seller concessions for price cuts. They’re more about managing those extra expenses that pop up when sealing the deal, often after the home is under contract and unforeseen issues arise after the home inspection.
In the end, whether for inspections, repairs, or just easing the initial financial hit for the buyer, these concessions can seal a deal and be a win-win for both homebuyer and seller.
Sometimes concessions are made upfront to make a home more enticing. It is a creative home-selling tip for owners who don’t use a Realtor.
Management Tips For Your Summer Home
As summer arrives, managing your summer home becomes a delightful challenge. Alex Capozzolo is tailored to help navigate the intricacies of summer home management with practical tips.
Begin by decluttering and making space for the vibrancy of summer. Lighten up your decor to welcome the season’s spirit. And take measures for pest control and safety concerns around the home.
Maximize your outdoor spaces and ensure your home remains organized throughout the season. By following these tips, your well-organized home will enhance the magic of summer, creating a harmonious haven to enjoy the warmth and outdoor adventures.
PREVIOUS REAL ESTATE ROUNDUPS
Look at some of the excellent advice from past real estate roundups.
- The best real estate roundup for August 2023 – see more helpful guidance from real estate pros nationwide.
- The best real estate roundup for July 2023 – if you love reading these roundups, check out the advice from July too!
About the author: Kevin Vitali, a Haverhill MA Realtor, compiled September’s Real Estate Round-Up. Kevin is a 20+ year veteran of the real estate industry and has been an avid real estate blogger helping his clients buy and sell homes.