It’s springtime and you’ve decided to put your home on the market.
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Home Selling
Okay, in spite of some positive economic signs, the real estate market is still challenging, especially for sellers. Right now it’s a buyer’s market, and buyers want it all (including your furniture, your pets, your dishes, and in some cases, your lifestyle).
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By Brian Copeland Feedback seems to be the measuring stick for every seller and agent today. I have to say I have a different take on feedback, however.
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Staging has become a term you hear more and more (thanks in large part to HGTV). But what exactly is staging?
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Today’s home buyers have more access to knowledge than ever. They do their research on the internet, they pick up tips from HGTV, and we’ve all learned from the mistakes that were made several years ago. First time buyers are especially conscientious of their decisions. They understand that they are benefitting from one of the most amazing opportunities to become a homeowner, with record low interest rates, great inventory, and extremely competitive prices. Plus they often pay less to own than rent.
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For the first time since 2006, home sales in the Greater Nashville area were up from the previous year. December 2011 home sales ended with an 18.2% increase over December 2010, with 1,773 closings according to Greater Nashville Association of Realtors. Fourth quarter closings were also up from fourth quarter 2010, by 17.9%. December marks the sixth consecutive month of increased home sales. For the year, there were 20,624 homes sold. Although that is only a 1.8% increase over total sales for 2010, it is still a great sign of things to come. January has started off well too with pending sales being up.
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We are seeing Nashville all over these “best in country” surveys recently. Not that any of us are surprised.. we know how much our city rocks!
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