Tag Archives: selling your home

Cause For Optimism in the 2013 Housing Market

US GreenBrokers

The Urban Land Institute recently released their forecast and statistics for the housing industry in 2013.    A turnaround beginning this year, albeit a slow beginning with 2013 showing more positive increases in value.

WASHINGTON (March 28, 2012) — A new Urban Land Institute survey of 38 leading real estate economists and analysts from across the United States projects broad improvements for the nation’s economy, real estate capital markets, real estate fundamentals and the housing industry through 2014. The findings, released today, mark the start of a semi-annual survey of economists, the ULI Real Estate Consensus Forecast, being conducted by the ULI Center for Capital Markets and Real Estate. The survey results show reason for optimism throughout much of the real estate industry. Over the next three years:

  • Commercial property transaction volume is expected to increase by nearly 50 percent
  • Issuance of commercial mortgage-backed securities (CMBS) is expected to…

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Top 10 Home Buying Mistakes – #9

Mistake #9: Thinking short-term

The house you plan to buy should be a place that feels like home to your family and it’s important to remember that it’s also a huge investment. When looking  for that perfect home, you should also think about reselling your home down sometime in the future.  Chances are good you will move again due to a new job, retirement, moving closer to family, etc. so you want to increase your chances of a quicker sale.

Look for homes in desirable locations and consider buying a smaller home in a more expensive, sought-after neighborhood.  Be certain to look for features that future buyers will want, such as energy-efficient upgrades, upgraded communication capabilities (“smart” house or CAT 5 wiring,etc), drought tolerant landscaping and extra storage space.  If you are a DIYer look for a home with good structural details and site location and plan to do the cosmetic upgrades yourself, but be certain to include those remodeling estimates in your mind when determining what you can afford.

Remember the adage “don’t buy the largest/most expensive home on the block”.  Owning the “baby” on the block provides more opportunity for upgrades and appreciation.

Home Improvements from $100 – $5000

If selling your home in 2012 is one of your goals consider maximizing your return with upgrades that buyers are seeking.  One of your upgrades may very well help your house sell quicker than other homes on the market. Watch any of these 10 short videos from HGTV’s Front Door for projects to help sell your home.