Categories
Market News

These Real Estate Trends Will Be Game-Changers in 2018

We’re almost there: the long-awaited home stretch of 2017. And quite a year it’s been! Already, we can’t help imagining what developments next year might bring to the wild world of U.S. real estate. So we asked our realtor.com® data team to give us the inside scoop. The team sifted through historical real-estate data and other major economic indicators to come up with a realistic forecast of just what might be in store next year.

And it looks like a sea change is brewing.

From housing inventory to price appreciation to generational and regional shifts, these are the top trends that will shape, and reshape, real estate markets in 2018. Buckle up! It’s going to be quite a ride.

Ravitaliy/iStock

Game-changer no. 1: Supply finally catching up with demand

After three years of a crushing shortage of homes for sale, the realtor.com economics team is predicting that the shortfall will finally ease up in the second half of 2018.

“The majority of the year should be challenging for most buyers, but we do expect growth in inventory starting in the fall,” says Danielle Hale, chief economist for realtor.com.

That’s a potentially transformative development for many would-be buyers who’ve been frustrated in their search for a home that meets their needs—and their budget.

“Once we start to see inventory turn around, there is plenty of demand in the market,” Hale says.

Although for-sale housing inventory is expected to stay tight in the first quarter of the year,  reaching a 4% year-over-year decline in March, if it increases as predicted by fall, that will be the first net inventory gain since 2015. Markets such as BostonDetroit, and Nashville—all of which recently made it onto our monthly list of the nation’s hottest real estate markets—may see inventory recover first.

Bullish construction is the engine that’s turning this ship around, bringing new homes to the market and creating opportunity for people to trade up into new homes.

“It’s adding inventory instead of just shuffling people around in existing homes,” Hale says.

But those itching to buy a starter home may have to be patient for a while longer.

“We expect the relief to start in the upper tiers, and it will make its way down to the lower tiers,” Hale says. Specifically, most of the initial inventory growth will be in the mid- and upper-tier price ranges, $350,000 and up.

As the market eases, home prices are expected to slow to 3.2% growth year over year nationally. But again, it’s the higher-priced homes that will be appreciating less. And even slower appreciation still means that prices will continue to rise.

“Overall, prices are expected to increase, and we’re expecting to see more of that in lower-priced homes,” Hale says. “It will get a bit worse before it gets better for buyers of starter and midprice homes.”

Game-changer no. 2: Millennials starting to come into their own

The housing market in 2018 will continue to present challenges for millennials—sorry, all of that student loan debt isn’t just going to disappear—but there are some bright spots on the horizon for these millions of Americans.

Millennials seem to be having more success at taking out mortgages on homes at varying prices, and not just starter homes, Hale says.

“They’re at that point where they’re seeing their incomes grow, and that will help them take on bigger mortgages,” she says. That’s because of both the overall strong economy and their own career development.

And as the largest generation in U.S. history reaches that sweet spot in their 20s to 30s when they’re settling down and starting families, they’re particularly motivated to buy. Millennials could make up 43% of home buyers taking out a mortgage by the end of 2018, up from an estimated 40% in 2017, based on mortgage originations. That 3% uptick could translate into hundreds of thousands of additional new homes. As inventory starts to rebound in late 2018 and in years to come, first-time home buyers will likely make up an even larger share of the market.

They probably shouldn’t wait too long to buy, either—mortgage rates are expected to reach 5% by the end of 2018 due to stronger economic growth, inflationary pressure, and monetary policy normalization.

Game-changer no. 3: Southern homes selling like crazy

When it comes to home sales growth, bet on Southern cities to beat the national average in 2018. We’re especially looking at you, Tulsa, OKLittle Rock, ARDallas; and Charlotte, NC. Those markets are expected to see 6% growth or more, compared with 2.5% nationally.

The South has been luring corporations and individuals to its balmy cities with its low costs of real estate, and living in general. The resulting strong economic growth and strong household growth, combined with an accommodating attitude toward builders, is setting the stage for an accelerating boom in homeownership, Hale says.

As soon as there are more homes to sell, these places will be selling strong.

Game-changer no. 4: Tax reform (maybe)

The Republican Party’s proposed changes to the tax system could change everything—but with both the House and Senate versions in limbo, the jury is still out on this one.

If a version of tax reform does pass with the current provisions affecting real estate, Hale says she would expect to see fewer home sales and declining home prices. However, it would be the upper price tiers that would likely be affected the most, in areas with expensive homes and high taxes, such as coastal cities, especially in California.

 

Posted by Cicely Wedgeworth on realtor.com

Categories
Holiday

5 Holiday Looks on the Nice List

Festive ideas for decking your halls this season, straight from the source.

If Santa’s decor has been on the top of your wishlist ever since he claimed his home on Zillow, now you can make it happen. We highlighted five ways you can easily incorporate his holiday style into your home.

 

 

Posted by Renee Meininger on Zillow

Categories
Buying

The Cost of NOT Owning Your Home

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.

Zillow recently reported that:

“In reality, buying or renting a home is an intensely personal decision, with emotional and even financial considerations that go beyond whether to invest in this one (admittedly large) asset. Looking strictly at housing market numbers, there is a concrete point at which buying a home makes more financial sense than renting it.”

What proof exists that owning is financially better than renting?

1. We recently highlighted the top 5 financial benefits of homeownership:

  • Homeownership is a form of forced savings.
  • Homeownership provides tax savings.
  • Homeownership allows you to lock in your monthly housing cost.
  • Buying a home is cheaper than renting.
  • No other investment lets you live inside of it.

2. Studies have shown that a homeowner’s net worth is 44x greater than that of a renter.

3. Just a few months ago, we explained that a family that purchased an average-priced home at the beginning of 2017 could build more than $48,000 in family wealth over the next five years.

4. Some argue that renting eliminates the cost of taxes and home repairs, but every potential renter must realize that all the expenses the landlord incurs are already baked into the rent payment– along with a profit margin!!

Bottom Line

Owning a home has always been, and will always be, better from a financial standpoint than renting.

 

Posted by The KCM Crew

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Categories
Buying Uncategorized

Buying in 2018? 7 Steps to Take Now

With some careful prep work in the next few months, your family could be in a new home by summer.

Now is the time to get things in order for a home search next year.

If you’re thinking about buying a home in 2018, November and December are the perfect time to “warm up” for the house hunt so you can hit the ground running in the new year. And whether you’re looking in Athens, GA, or Athens, NY, the prep work is relatively the same.

We’ve asked real estate and mortgage professionals to chime in about what prospective homebuyers should do to ready themselves for buying a home. From organizing your finances to save money to finding a real estate agent and mortgage lender, there is plenty to keep you busy!

7 Steps to Be Ready to Buy a House in 2018

  1. 1. Check your credit score.

    A credit score is a numerical representation of your credit report. FICO scores range from 300 to 850, and the higher your score, the better. “Good credit is like gold when obtaining a mortgage,” says Denise Supplee, a Pennsylvania agent. Typically, you’ll get the best interest rate on a loan if your score is 740 and above. “A higher credit score should net you a lower mortgage rate,” says Lee Gimpel, co-creator of The Good Credit Game, which specializes in financial education. “That lower rate, even if it’s only 1 or 2 percent lower, can mean saving thousands of dollars per year.” If your credit score falls short, get busy repairing it. Correct any errors that might be on your report, start paying all your bills on time, and get your credit limit raised. Note, though, that you shouldn’t max out your card each month. It’s best to use 30 percent or less of your total available credit.

  2. 2. Don’t open new credit cards.

    If you think resisting taking a selfie when you’re face-to-face with your fave celebrity is a testament to your willpower, that’s sissy stuff compared with turning down every offer to open a credit card, even if you could save 20 percent (or more!) on your holiday purchases. Tempting as saving at checkout can be, opening new credit may hurt your chances of getting a mortgage, or at least of getting the best rate on a loan.

    “By opening the account, you have created another line of credit,” says Paul Anastos, president of Mortgage Master, a division of loanDepot, a nonbank lender. “That credit line, and what is borrowed, can change the application numbers and jeopardize the application.” What could save you a few dollars now could cost you far more in the long run if your mortgage payments will be higher. And along those same lines, “Don’t overspend during the holiday season,” says Dean Sioukas founder of Magilla Loans, an online lending exchange. “Especially on impulse purchases that can be tempting during the holidays.”

  3. 3. Suggest financial gifts for the holidays.

    Besides the mortgage loan, you’ll need a sizable amount of cash to buy a house. There’s the down payment to consider, closing costs, and moving costs. You should also set aside money for unexpected repairs and costs, says Brian Betzler, regional sales manager at TD Bank. Not being prepared “is probably why nearly half of millennials incurred up to $5,000 in unexpected costs during the mortgage process, according to a TD survey,” he says.

    A potential solution? Bulk up that emergency fund. “Instead of getting gifts for the holidays, [prospective homebuyers] can suggest cash instead that will be put toward their home,” says Paul Sian, a Kentucky and Ohio agent. And remember, you might be getting some money back after you file your tax return. Don’t blow it on vacation. “A tax refund is a great way to add to your cash reserves for a down payment,” says David Hosterman, branch manager of Castle & Cooke Mortgage in Colorado.

  4. 4. Interview potential real estate agents.

    If your neighbor, relative, or friend of a friend happens to know (or is) a real estate agent, that’s great. This person might be the perfect agent for you. But you owe it to yourself to shop around. “Look for [an agent] who is knowledgeable, good, integral, and can assist you in reaching the goal of homeownership,” says Chantay Bridges, a Los Angeles, CA, real estate agent. “Make sure they are not a novice, new, or just unaware of how to do a specific transaction.” The end of the year is usually a slow time for agents, so chances are they’ll be more accommodating to making an appointment on your schedule.

  5. 5. Keep tabs on interest rates.

    If you hear that interest rates are at historic lows or that interest rates are on the rise, you should not assume that you can get the rock-bottom rate. Not everyone gets the same interest rate on a mortgage loan. It depends on your financial picture and on the lender you choose. “Everyone knows that home prices are, at least to some extent, negotiable, but we find loans to be the same,” says Warren Ward, CFP with WWA Planning & Investments in Indiana. He advises that homebuyers shop around for the lowest interest rates. Note that closing costs can vary too, so discuss with your real estate agent ways to keep yours down. “We saved $150 on the closing fees by selecting the cheapest title company,” says Ward. “I guess that’s not much, but I think most people would bend over to pick up three $50 bills if they were lying on the sidewalk.”

  6. 6. Find a mortgage lender.

    Before you even start looking for a home (and yes, we even mean browsing online listings), look for a mortgage lender to find out if you can afford to buy a home. If you can’t right now, there’s no use torturing yourself by finding your dream home that’s just out of reach. But how do you find a lender? “If you have a bank you’ve been with for years, ask them,” says Bridges. “Your [real estate agent] can also refer a good lender to you. Compare [that lender] with two others. Look at what they offer, costs, points, and how long to close.” Once you know how much home you can afford, perform your home search based on your preapproval amount or less.

  7. 7. Get preapproved.

    When a lender gives your financials the once-over and preapproves you for a mortgage, you’ll be able to show sellers that you really can buy their house. But how do you get preapproved? By preparing a few documents, which you can do several months in advance of the actual purchase. Here’s what you need to buy a house.

    • Tax returns for the past two years
    • W-2 forms for the past two years
    • Paycheck stubs from the past few months
    • Proof of mortgage or rent payments for the past year
    • A list of all your debts, including credit cards, student loans, auto loans, and alimony
    • A list of all your assets, including bank statements, auto titles, real estate, and any investment accounts

    Paul Anastos also advises not to change jobs, make big purchases, or miss any debt payments as you prepare to get a mortgage.

    Originally published October 17, 2016. Updated October 30, 2017. 

    Published by Laura Agadoni on Trulia

Categories
Selling

5 Holiday Splurges to Avoid If You Hope to Sell Your Home Next Year

elenaleonova/iStock

The holidays are officially here—and while  merrymaking and gift shopping are likely top of mind, you may have to keep some of those celebratory urges in check if you’re planning to sell your home next year. Why? Because many holiday season activities can come back to haunt you when your house is on the market, even if it’s months later.

Don’t believe us? Here are five holiday splurges to avoid if you hope to have a smooth home-selling process next year. It’s our gift to you! (You’ll thank us later.)

1. Don’t do decorations that could damage your home

Yes, we know you want to display your holiday spirit. But avoid any decor that could leave behind damage you’ll have to repair later—holes in the walls, marks on the floor, screws that mar the side of the house. If you have a live Christmas tree, be careful not to let spilled water sit on hardwood or laminate flooring, which can warp and stain. And it should go without saying that you don’t want to paint walls dramatic colors; save the winter wonderland mural for another year.

Think about curb appeal, too. “Avoid blow-up animals and reindeer in the yard,” advises Flor Blanchett, a Realtor® at the Keyes Company in Florida. “When you take those things out, especially in the South, they leave spots on the grass that are totally dead for months afterward.”

2. Don’t clutter your home with huge holiday gifts

The mantra of anyone trying to sell a home? “Declutter, declutter, declutter,” says Blanchett.

Don’t buy a bunch of gifts that are going to have to be hidden away after the new year.

“If you have young children with toys all over the place, I advise packing it all away in a container under the stairs or somewhere people won’t see it,” she says.

The basic organizational rule is that you don’t want your closets to appear bursting at the seams, which will give the impression there’s not enough storage.

Obviously, nobody is saying that Santa has to skip your house this year, but consider forgoing the bulky play kitchen or drivable toy car in lieu of smaller action figures or electronics.

Remember: You’re going to have to move all that stuff after you sell the house. You’ll thank yourself at packing time if you spring for a gift certificate or jewelry instead of sports equipment or kitchen gadgets.

3. Don’t buy appliances or furniture that may not fit your future home

It’s another prime gift-giving no-no. Avoid shelling out for appliances, furniture, or anything that’s specific to your current home’s layout. Unless you already know where you’re moving, that gorgeous (and large) new couch might not fit correctly in your new digs. And that sparkling new washer-dryer set is probably going to be a gift for the buyers, since appliances usually stay with the home. Grills, sheds, anything bulky—you’re going to either gift it to your buyers in a few months or pay someone to move it. Save the heavy stuff for next year.

4. Don’t take on too much holiday-related debt

This is not the year to live out your “new car with a giant bow on it” fantasies. Taking on debt, whether it’s credit card debt or a car or boat loan, can hurt your chances of getting approved for a mortgage when you’re ready to buy your next home. So, don’t go out and buy expensive things; a lender will take note and it could work against you. When in doubt, ask first.

“Speak with your lender if making a real estate purchase after the sale on how much you can spend on big-ticket items,” says Dillar Schwartz, a Realtor in Austin, TX.

5. Don’t surprise the family with a new pet

The holidays are a common time for families to get a new furry friend—there are even adoption drives based around getting a holiday pet. However, right before you’re ready to sell your house is not a terrific time to be housetraining a puppy or teaching a cat not to scratch the couch.

Showing a house with a pet can be challenging enough even when it’s not a new pet, and then they’re going to have to go through the wildly pet-unfriendly process of moving. However much you’re longing for a cat, pup, or capybara, it just makes sense to wait until after the move. Especially the capybara.

 

Posted by Audrey Ference on realtor.com

Categories
Renovation

Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC]

Some Highlights:

  • Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI).
  • While big projects like adding a bathroom or a complete remodel of a kitchen are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.

 

Posted by The KCM Crew

Wondering how much your home is worth? Click HERE to find out!

Categories
Buying

Your Friends Are Crazy Wrong If They’re Telling You Not to Buy

The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint. They are wrong!

Homes are more affordable right now than at almost any time in our country’s history except for the foreclosure years (2009-2015) when homes sold at major discounts. As an example, below is a graph from the latest Black Knight Mortgage Monitor showing the percentage of median income needed to buy a medium-priced home in the country today in comparison to prior to the housing bubble and bust.

As we can see, the percentage necessary is less now than in those time periods.

The Mortgage Monitor also explains that home affordability is better today than it was in the late 1990s in 47 of 50 states.

Bottom Line

Your friends and family have your best interests at heart. However, when it comes to buying your first home or selling your current house to buy the home of your dreams, let’s get together to discuss what your best move is, now.

 

Posted by The KCM Crew

Ready to buy? Click HERE to start your home search!

Categories
Renovation

5 Signs You Need to Upgrade Your Kitchen

Brighten it, expand it, organize it — whatever it needs, your kitchen is an update away from ideal.

Your kitchen is likely the most loved room in your home — and the wear and tear proves it. It’s the hangout for hungry teenagers, the conversation station during the holidays and the catch-up room after a busy workday.

A functional and appealing kitchen is important not only for your family but for your guests, too. After all, a delicious meal is only so appealing in a messy and cluttered kitchen.

Here are five signs that your kitchen may need an upgrade.

1. Outdated appliances

Perhaps they were there when you moved in, or maybe they came with you decades ago when you bought the home. Either way, outdated appliances are usually less attractive and drain more energy than newer models on the market.

Consider their safety, too. If you have to press a secret combination of buttons and chant a spell to light your range, it’s time to upgrade to newer, safer appliances.

When you do upgrade, consult a professional electrician to make sure everything is wired properly and up to code.

2. Damage and wear

Nobody expects your kitchen to stay in like-new condition forever, but damage beyond normal wear and tear needs addressing.

Water damage from a leaking fridge or dishwasher can cause mold on and underneath the flooring or peeling on the countertops, floors and walls, depending on the materials.

Cracked, peeling or chipped countertops and floors are prime spots for dangerous bacteria to reside — and hide from cleaning supplies. Even clean counters and floors with stains can cause your guests to think twice when they’re invited over a second time.

Upgrading to newer counters made from a durable material like granite is a good investment that can last practically a lifetime.

3. Not enough counter space

If your counters are covered with appliances, utensils and food, you need an upgrade. Ideally, your counters should always be clutter-free, and everything should have an easily accessible place.

Adding more counter space doesn’t have to mean tearing down walls and rehauling the layout. If your floor plan allows, installing an island is a great and relatively simple way to add counter space.

If it’s not the space but the clutter that’s the problem, larger cabinets or deeper drawers will increase storage so you can reclaim your counters.

4. You can’t find anything

Do you look forward to cooking or dread the time commitment? How much time is actually spent on food prep versus searching for the right utensils, appliances and dishware?

A disorganized kitchen makes it difficult to find anything, which can cause anxiety over cooking and render your kitchen useless. A fresh design and organization strategy is a worthy investment to get you eating in your own home again and enjoying the cooking process.

5. Your house won’t sell

Saving for your new home is often the priority when moving. But upgrading your current kitchen before you go is an investment that may very well pay for itself.

Home shoppers often gravitate first toward the kitchen. So, if you’ve been having trouble selling your home and the kitchen’s outdated — that could be the reason.

Buyers are usually more interested in move-in ready homes that require little or no remodeling. A more appealing, upgraded kitchen can be a motivating factor for buyers, hopefully resulting in less time on the market and a better selling price.

Make the necessary upgrades when the time comes, and your kitchen will reclaim its rightful place as the heart of the home.

 

Posted by Luke Caldwell on Zillow

Categories
Holiday

7 Kitchen Items You Really Need for Thanksgiving: Do You Have Them All?

Nobody wants unnecessary kitchen clutter. Marie Kondo and Alton Brownhave drilled it into our heads that our artfully arranged kitchen storage spaces should be stocked (never stuffed) only with multipurpose, untrendy, chef-style kitchen gear; leave the Spiralyzer for somebody else’s yard sale! And yet, if you’re planning to host a classic turkey-and-fixin’s Thanksgiving dinner every year, there are a few specialty items that you’re better off investing in. And yes, some of them are even (gasp) uni-taskers.

We talked to Kristen Miglore, creative director at Food52.com, to reveal some kitchen gear you actually need for Thanksgiving dinner.

1. A roasting pan with nonstick rack

Classic stainless-steel roasting pan with nonstick rack from Mauvielfood52.com

The most essential piece: a place to cook that bird. Sure, you could wrestle a disposable foil roasting pan on top of a cookie sheet, but it takes only one wrong move with those flimsy things and your precious bird is all over the floor.

“A sturdy roasting pan with a nonstick rack will make your life so much easier on Turkey Day,” says Miglore. It’s a pan you can actually use year-round for roasting chickens, big cuts of beef, fish, or even veggies. “I just used mine to braise a couple of bunches of collard greens last week—the pan was stuffed!”

This Mauviel version (above) includes a rack and flavor injector ($170, Food52.com). A more budget-friendly choice is available as an Amazon special ($30.56, Amazon.com).

2. A fat separator

A fat separator makes making gravy a snap.oxo.com

“A fat separator is a one-off, but they’re inexpensive, and by that point in the day, you’ll be very glad you have it,” says Miglore. Fat separators make it easy to extract the meat drippings from the fat by allowing the fat to rise to the top. The spout pulls from the bottom of the cup, so that you get only the lean juices.

This Oxo version ($14.99, Oxo.com) has a 4-cup capacity, stopper, and strainer cap on the top to catch little pieces of vegetables or spices that fall in with your drippings as you pour off the pan. If your family is like mine, good gravy is perhaps the most essential part of the holiday meal, but getting it right can be tricky, especially if you make it only once a year. Treat yourself to a fat separator, and make that last-minute task stress-free.

3. A long, sharp carving knife

Dansk Classic Fjord teak-handled carving setfood52.com

A sharp chef’s knife can work in a pinch, but if you’re going to do it right, a carving set is the way to go.

According to Miglore, a proper carving set should include the stabilizing fork that makes carving much easier. And when the pressure is on, you should probably take every advantage you can get. Nobody wants to see the looks of horror on their guests’ faces as they destroy an innocent roast turkey in front of them.

If you want to splurge, this teak-handled set above ($79, Food52.com) is perfect for special occasion roasts. The reviewers at Wirecutter suggest a more affordable set from Messermeister ($48.95, Amazon.com) for its “good looks, wallet-friendly price, and high performance.”

4. A meat thermometer

The Lavatools meat thermometer keeps overcooked turkey at bay.amazon.com

Gone are the days of waiting for a button timer to pop up on the turkey and calling it done. Inaccurate cooking results in dry, overcooked turkey breasts and/or dangerously undercooked thighs. There are a host of techniques for producing the perfect, juicy, delicious bird, but all involve a meat thermometer.

“I pull out my meat thermometer not just on Thanksgiving, but to be more confident every time I roast a chicken or sear a steak,” explains Miglore.

If you want a basic model, the Lavatools PT12 above ($24.99, Amazon.com) is recommended by Wired for its fast readings and Thermapen-style folding probe. If you prefer to read the temperature from afar without having to open the oven, the ThermoPro TP07 is a best-seller ($35.99, Amazon.com) and has a 300-foot range, pre-set meat temperatures, and programmable temperature alert options.

5. A big carving board with a moat

A cutting board with a moat is ideal for juicy turkeys.food52.com

“A big carving board with a moat will save you from having juices escape onto your counter,” explains Miglore.

Great for cutting anything with juice, from turkey to watermelon, a cutting board with a moat is the rare kitchen tool that is incredibly practical but also beautiful and special for the holiday.

Food52 sells this eco-friendly 24-by-18-inch model ($130, Food52.com). For smaller kitchens, Kohl’s has a 16-by-12-inch model ($37.99, Kohls.com).

6. A large, rimmed serving platter

This huge, rimmed platter is the perfect turkey presentation device.Fishseddy.com

“A large serving platter with a good rim is handy for passing at the table,” says Miglore.

If you’re not planning to carve the turkey at the table, it’s also the perfect vessel for getting your turkey from the kitchen to the table. Without a rim on your platter, it’s easy to spill turkey juice over the side—especially if the person bearing the platter has been indulging in predinner cocktails. It’s best to play it safe. This 20-inch platter from Fishs Eddy is what I use ($42.95, Fishseddy.com). It doubles in the summer as a gigantic salad platter.

7. Quality pie pans

Having decent pie pans is so worth it.Amazon.com

Pie can be a fiddly thing to make. The crust can be fussy: It has to be browned but not burned, and baked just right so the filling is set but not dry. My first few years hosting Thanksgiving, I used disposable pie pans, but they broke the crust if you let them bend at all while moving them. The next year, I cheaped out and got glass pie pans at the dollar store. I paid the price because one of them split in half in the heat of the oven, ruining that pie and flooding the oven floor with uncooked filling.

The lesson I learned, twice, was to pony up for decent pie pans, even if you use them only once a year. They’re easy to store and just might motivate you to bake a peach pie this summer. This Pyrex three-pack from Amazon has nice handles and is extremely affordable ($13.17, Amazon.com).

 

Posted by Audrey Ference on realtor.com

Categories
Selling

5 DIY Ways to Stage Your Home’s Exterior for Winter Home Selling

Winter can be a tough time of year to sell your home, particularly in areas that see colder or inclement weather. The biggest issue that homeowners face in attempting to sell at this time of year, is the curb appeal; with piles of snow and no leaves on the trees, it can be hard to show your home in its best light.

There are ways that you can help to improve your home’s appearance, however, no matter what time of year you put it on the market. These 5 DIY tips for staging your home’s exterior for winter selling will help you make that crucial first impression that buyers are looking for.

Get the Snow Off

Buyers want to see the condition of your home, including areas like the porch, outdoor deck, and roof, which may all be areas where the snow collects during the winter months. Keeping these areas free of snow and ice means that buyers can get a better sense of what your home really looks like. It also means that they can get a better idea of things like your roofing shingles and their condition.

Removing snow from these areas also has the added benefit of making your home appear well maintained. You want to remove snow any way to help protect your roof from leaks and ice dams; by taking the snow off before a showing, you let buyers know the home is being cared for.

Add Some Greenery

During the summer months, your yard and landscaping are in full bloom and can help improve your curb appeal. During the winter months, however, when everything is brown or leafless, this can have the opposite effect of what you want from buyer’s first impressions.

Purchase some greenery in urns to place around your front door and walkway. Evergreen plants in large tubs that can be brought out for a showing can help recreate the effect of well-maintained landscaping. Anywhere your home or yard looks a little barren at this time of year is a great place to add some greens to help brighten things up.

Add Exterior Lights

The days are shorter during the winter months, which means that buyers arriving in the late afternoon or evening to view your home may not see it in the best light. Add some solar lights to the walkway leading up to your house, and consider swapping out the bulbs in any sconces you have next to the door for full spectrum lights.

Full spectrum lights will help ensure your house siding color looks more the way that it does when the sun is hitting it, which can help buyers get a better idea of what your home will look like in other times of year. If you don’t have lights currently installed, consider adding temporary solar lights that will turn on when people walk by to illuminate the front of your home more effectively.

Brighten Up Your Front Door

While the winter months aren’t the best time to give a new coat of paint to your house siding, it’s not a bad idea to freshen up your front door color. A bright, cheerful front door can go a long way toward making your home look more inviting, no matter how cold or dismal the weather is.

Look for a house color that’s a little bolder than you would ordinarily choose, as you want it to show up even in the poor light of winter. Reds, turquoise blue, and even orange are good colors to paint your front door in the winter months.

Take Down the Holiday Decorations

Many people assume that leaving up decorations from late fall or the winter holidays will help make the home more lived in and therefore more appealing. Surprisingly though, many buyers don’t want to see these things; they want to envision what the house will look like when they move in. While it’s fine to have a wreath hanging on the door in December, make sure that come January the house is free of lights and garlands to ensure that buyers aren’t put off.

Get Your Home Ready for Sale

It doesn’t take much to get your home looking its best even in the winter months. Follow these tips to help improve your home’s exterior and get the quick sale you’re after, even in the colder months of the year.

 

Posted by HomeZada

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