The Number One Mistake Sellers Are Making: Overpricing Their House In today's housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest. If you’re thinking about making a move yourself, here’s what you need to know. The best way to avoid making a costly mistake is to work with a trusted real estate agent to find the right price. Here’s a look at what’s at stake if you don’t... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Are There More Homes for Sale Where You Live? One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. That’s a significant improvement. It gives you far more options for your move than you would’ve had just a year ago. And with supply improving, you’re also regaining a bit of negotiation power. So, if you’re someone who thought about buying a home over the last few years but were... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Expert Forecasts for the 2025 Housing Market The housing market is always shifting, and 2025 will be no different. With rates likely to ease a bit and prices rising at a more normal and sustainable pace, it’s all about staying informed and making a plan that works for you. Let’s connect so you can get the scoop on what’s happening in our area and advice on how to make your next move a smart one. GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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The Biggest Mistakes Sellers Are Making Right Now Here’s a look at some of the most common mistakes – and how an agent will help you avoid them when you sell. 1. Overpricing Your House Many sellers set their asking price too high and that’s why there’s an uptick in homes with price reductions today. An unrealistic price will deter potential buyers, cause an appraisal issue, or lead to your house sitting on the market longer. 2. Skipping the Small Stuff You may try to skip important repairs, thinking you can pass the task on to your buyer. But visible issues (even if they’re small) can turn off... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Today’s Biggest Housing Market Myths Have you ever heard the phrase: don’t believe everything you hear? There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important. 1. I’ll Get a Better Deal Once Prices Crash If you’ve heard home prices are going to come crashing down, it’s time to look at what’s actually happening. While prices vary by local market, there’s a lot of data out there from numerous sources that shows a crash is not going to happen. So, if you think waiting will score you a deal, know that data shows... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Myths About the 2024 Housing Market [INFOGRAPHIC] When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. Let’s connect so you have an expert to help separate fact from fiction in today’s housing market. GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Builders Are Building Smaller Homes There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help give you more options that fit the bill. Newly Built Homes Are Trending Smaller During the pandemic, homebuyers wanted (and could afford) larger homes – and builders delivered. They focused on homes that were bigger, so people had more space for... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them? On average, over 11,000 homes sell every day, and yours could be one of them. In the time it took you to read this, another 8 homes sold. When you’re ready to take the next step, let’s connect so you have an agent to create that perfect strategy. GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Homebuilders Aren’t Overbuilding, They’re Catching Up You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know. Why This Isn’t Like 2008 People remember what happened to the housing market back in 2008. And one of the factors that contributed to that crash was that there were too many homes for sale. While only part of the oversupply back then came from builders, the lasting impact is that some... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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Why a Condo May Be a Great Option for Your First Home Having a hard time finding a first home that's right for you and your wallet? Well, here's a tip – think about condominiums, or condos for short. They're usually smaller than single-family homes, but that's exactly why they can be easier on your budget. So, if you're comfortable with a smaller space and want to buy your first home this year, adding condos to your search might be easier on your wallet. Besides giving you more options for your home search and maybe fitting your budget better, living in a condo has a bunch of other perks, too... GayRealEstate.com #gayrealtor #gayrealestate #lgbtq
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March is Fair Housing Month. This year marks the 56th anniversary of the passage of the Fair Housing Act, the landmark civil rights law signed by President Lyndon B. Johnson on April 11, 1968, that made discrimination in housing transactions unlawful. The Fair Housing Act prohibits discrimination in housing because of race, color, national origin, religion, sex (including gender identity and sexual orientation), disability, and familial status. Planners play a crucial role in promoting fair housing practices and addressing housing-related inequalities. By integrating fair housing principles into our work, we contribute to creating inclusive, equitable, and sustainable communities where everyone has access to safe, affordable, and suitable housing options. For more information about your fair housing rights, visit FHEO's website. https://lnkd.in/eEcv7Mvm #FairHousingMonth #FairHousingAct #CivilRights #HousingEquality #InclusiveCommunities #EquitableHousing #FHEO
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