3 Tips for Preparing Your Home for Sale

Today I wanted to discuss with you on what you can do to tell your home quickly and for the most amount of money. There are several things I would like to cover in obtaining that objective. The first thing you could do is get your home inspected. There is nothing worse than when a buyer makes an offer and has your home inspected, several issues come up and they begin nickel and diming you on the value of your home.

Secondly, home warranties have been found statistically to add value to your home as it makes your home more attractive to buyers. Lastly, find yourself a good home stager. It has been proven and is something all new home builders are doing with their model homes. It is done for good reason because it adds value to the property and creates an emotional buyer causing them to pay more money.

If you need help doing any of these things before you list your home, give me a call at (850) 466-6920 or email me at GordonFirstTeam@gmail.com. Thanks and have a great day!

Should You Consider Entering the Market Now?

The market is doing much better this year and homes sales are starting to slow, which is expected in the fourth quarter. The inventory is going up and prices are holding firm and this should stay as long as the job market remains strong and interest rates don’t rise too much more. This creates very affordable housing in Pensacola. We are also seeing many of our homes with multiple offer situations. Even though prices are rising as quickly as they were, inventory is a point where buyers are starting to enter the market because interest rates are rising and moving to capitalize on them. If rates do rise, this will make housing less affordable and prices could fall, making now a great time to sell as well.

If you have further questions, visit my website, give me a call at (850) 466-6920 or email me at GordonFirstTeam@gmail.com. Thanks and have a great day!

Pensacola, FL Real Estate Market Update

Welcome to my blog and thank you for joining me today.

What’s going on in the market?

We had a great summer with a lot of home sales activity. Prices did increase slightly, but I expect appreciation to slow. Why? Because interest rates have increased, there is an effect on the purchasing power of buyers. When buyers’ affordability is limited, sellers must adjust their home price to sell.

Is now a good time to buy and sell?

Now is absolutely a great time to both buy and sell. Despite the recent increase in interest rates, they are still historically low. We don’t expect them to stay that way, though. It’s important to lock in that lower interest rate because even the slightest increase affects your purchasing power.

This is important to sellers too, because as the purchasing power becomes more limited for buyers, it means fewer and fewer people are able to afford their home.

Thanks for joining me today!