Home Buyers Changing:

With married couples comprising less than 50% of all US households, home buyers are changing.  A growing number of non-family households, according to a report from John Burns Real Estate Consulting are on the increase.  Non-family households where no one is related to the house holder have increased nearly five times in the last 50 years from 7.9 to 39.2 million.

 A lot of non-family households are looking at SMALL HOMES: preferring a home under 2500 sf with three or fewer bedrooms.  LOCATION:  the proximity to work and entertainment over home size and they are less interested in media rooms and pools.

Enhanced by Zemanta

Home Buyers Changing

Keys.
Image by Bohman via Flickr

With married couples comprising less than 50% of all US households, home buyers are changing.  A growing number of non-family households, according to a report from John Burns Real Estate Consulting are on the increase.  Non-family households where no one is related to the house holder have increased nearly five times in the last 50 years from 7.9 to 39.2 million. 

A lot of non-family households are looking at SMALL HOMES: preferring a home under 2500 sf with three or fewer bedrooms.  LOCATION:  the proximity to work and entertainment over home size and they are less interested in media rooms and pools.

Enhanced by Zemanta

Making that First Impression!

Part of a parterre in an English garden. Photo...
Image via Wikipedia

The following tips will help you make a great first impression when putting your home on the market.  People decide within 30 seconds of walking into a home whether they might want to buy it, so it is important to make a great first impression.

Curb Appeal

Spend a little money on gardening by cutting overgrown shrubs and weeds and planting new shrubs or flowers.  A bit of gardening can help paint a scene, so buyers can see their kids playing in the yard or can imagine entertaining in the back yard.

Condition of the Home

Make necessary repairs to the home before putting it on the market.  Look for cracks, damaged paint and so on to repair.  Not making repairs can cut the price of the house.

Buyer’s typically ask for $2-$3 off the price for every $1 of repairs that they perceive are needed, so it is crucial for sellers to know that, say, the roof needs to be replaced.  That way, the seller can spend the $5,000 themselves rather than face a buyer demand $10,000-$15,000 off the price of the house.

 Clean and organize the house – including drawers, cabinets & closets.  It’s a good idea to de-clutter these areas so it doesn’t appear that there isn’t enough room in the home. 

Finding the right assistance

Contact a Realtor who often provides their expertise in giving you tips to get your home ready for sale.  They also often provide a list of Handymen, Home Stagers, Painters and Roofers that can assist you in getting your home ready for sale.

Enhanced by Zemanta