Real Estate Blog

Monday, 15 July 2013

Find out what that means in Brentwood, Tenn., real estate!

According to the National Association of Realtors,® the real estate market continues to rebound across the country as consumer confidence continues to grow. The national median price for existing homes was up another 15.4% over this time last year. According to their Web site, “This marks six straight months of double-digit increases and is the strongest price gain since October 2005, which jumped a record 16.6 percent from a year earlier. The last time there were 15 consecutive months of year-over-year price increases was from March 2005 to May 2006.”

NAR also reports that “Existing-home sales are at the highest level since November 2009. ...  Sales have stayed above year-ago levels for 23 months, while the national median price shows 15 consecutive months of year-over-year increases.”

As of June reports, Williamson County real estate numbers look to be better than the national average! According to the Williamson County Association of Realtors,® “The number of single-family residential closings increased by 34.6% in June 2013 compared to June 2012. The median sales price for a single-family home was $361,000 in June of 2012 with an increase to $386,000 in June of 2013. Williamson County has not seen this number of sold homes in a single month since June 2006.”

Along with that great news, there has also been a decrease of days on the market for existing homes as people are rushing to buy homes with the recent news of rising interest rates.

Williamson County also seems to be on track with the rest of the nation when it comes to home inventory. With a rise in home sales, inventory is low nationally. Home builders are scrambling to make up this lack of inventory, but right now is a great time to list your home while people are looking to buy homes in Williamson County!

Call me today and I can help you with that!

Posted on 07/15/2013 11:21 AM by Jarod
Tuesday, 09 July 2013

Home sales in Middle Tennessee have been on a steady rise. So, how do you attract the attention of the right buyer when selling your home? The Brentwood, Tenn., real estate market has a lot to offer, so you have to make your home stand out.

Today’s post will address the value of staging your home. Some people only have a few dollars to invest in their home before it goes on the market, so you have to make sure those dollars count. Statistically, staging has a great return on investment. According to professional home stager Anthea Click of Fresh Perspectives, homes that are staged sell for 7% higher than non-staged homes and up to 50% faster. Who doesn’t want a higher price and a faster sale? She goes on to say that 90% of staged homes sell in 30 days or less and 75% of those will sell in the first two weeks. These statistics hold true in all price ranges.

So what exactly is staging? Mrs. Click says, “Buying a home is an emotional decision, so we like to show homebuyers how they can live in the home by showcasing the architectural features and the unique spaces that make the home stand out.” For instance, the staff at Fresh Perspectives might look at the blueprints of a home and make suggestions for reinventing spaces to avoid wasted space and to maximize storage. A bulky water heater under the stairs might be moved under the house to create a great desk area. Or a small pantry or closet might be expanded to show the home’s storage potential.

A stager will focus on what they call the money rooms, which include the kitchen, living room, dining room, master bedroom and bath, and a study if that applies. They will also feature the unique spaces like a sunroom or an outdoor space. Those changes include color selections for lighting, rearranging furniture, de-cluttering, and adding pieces that bring the room together.

If you’re considering selling your home or if your home has been sitting on the market for longer than you anticipated, consider hiring a home stager to work with your real estate agent to get your property SOLD!

Contact: Anthea Click at Fresh Perspectives

Posted on 07/09/2013 6:11 PM by Jarod
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