Prepping Your Home for Sale

Prepping Your Home for Sale

Prepping Your Home for Sale

 Article written by Home Actions

As you prepare to put your home on the market, consider prioritizing the tasks that will make your house sale-ready on a budget:

Clean and declutter your house. Empty spaces encourage potential buyers to imagine themselves living there and a clean house looks well cared for. Remove clothes from your closet to show buyers they will have more than enough storage space.

Add curb appeal. Spend some time tending to your exterior. Focus on trimming bushes and trees, weeding flower beds, repairing gutters, fixing peeling paint, putting in new mulch or gravel, weeding and repairing driveways and walkways, and installing décor like wreaths, pots, and house numbers.

Paint walls neutral colors. Now it’s really time to say goodbye. Your home may lose some of its character in white, but it’s more appealing to a wide variety of buyers. People can also tell when a coat of paint is fresh and new!

Make home repairs before you show the house. Focus your attention on things like leaking faucets, loose doorknobs, stained tiles and grout, running toilets, broken windows, and burned-out light bulbs.

Do small updates to spruce up your home for a dime. Ensure that the appliances match, get new cupboard knobs, or stick on new wall tiles. Small design touches go a long way.

Give each room a well-defined purpose. Potential homebuyers find it inspiring. Even if you’ve been using the room for many tasks, pick one to showcase.

Check the flow of your house. Ensure that furniture is not blocking people’s paths.

Create a blank canvas. As with the simple wall colors, keep the decorations simple and free of personal items. The goal is for potential buyers to be able to imagine their own decorations in the house.

Open the curtains. Let light in and turn on inside lights, and include some potted plants for a bit of green.

Produce good smells in your home. Avoid cooking bacon, microwave popcorn, or anything with a lingering smell on the day of an open house. Instead, use the morning to do some baking.

Taking a critical eye to your house can help you identify many areas that need improvement. Prioritize this list to make your house move even faster on the market.

Article sourced and written by Home Actions

 

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Make Your Bedroom a Sanctuary

Make Your Bedroom a Sanctuary

Make Your Bedroom a Sanctuary

Written by Home Actions

Your bedroom should be like an in-home retreat. Even though you may be asleep for most of the hours you are in your bedroom, it is probably one of the places in your home where you spend most of your time. This room should be a sanctuary to promote healthy sleep and relaxation. Follow these simple tips to design a perfect bedroom that keeps you calm and relaxed when you need time to yourself during the day or when you’re ready for sleep.

Choose Dark Colors

You may have heard people say that you should avoid dark colors when painting a room to prevent it from feeling closed in. But making your bedroom feel small and cozy actually may increase the relaxing feeling you get when you spend time there. A dark color on the walls, or even just an accent wall, can enhance the comfort levels of the space. If you don’t care for dark colors, consider using darker fabrics and accessories throughout the room.

Keep It Cool

Keeping it cool isn’t just about the color scheme you choose. Ample evidence suggests that people sleep better when the air temperature is cooler. Of course, you can always turn down your furnace at night while you’re sleeping, but you also may want to install a ceiling fan in your bedroom to circulate air.

Install Blackout Shades

Most people sleep better in near-total darkness. If you have a lot of ambient light coming in through windows or other rooms in the home, consider adding blackout shades to keep your room even darker for a better night’s sleep.

Consider the Lighting

Although you do want to block out ambient lighting when you sleep, you also should consider the other lighting you’ll need to use in your bedroom. You may need a task light, for example for a dressing station or vanity. Or also you may want reading lights by your bedside to read and unwind before going to sleep.

Make It Soft

Soft fabric can create a sense of calm for your bedroom respite. Consider plush rugs for under your feet and soft bedding that makes you feel relaxed when you touch it. The sense of touch is important, especially when you’re trying to make a space feel as cozy as it looks. Consider things like soft chenille, microfiber or faux fur.

Article sourced and written by Home Actions

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Latest Data: Where Have Home Values Been And Where Are They Going?

Latest Data: Where Have Home Values Been And Where Are They Going?

The 2020 Mortgage Interest Rate Forecast

Written by Home Actions

The CoreLogic Home Price Index for January 2020 shows U.S. home prices increased 4% from a year earlier and are forecasted to increase 5.4% over the next year. The increase in prices for January was a bit higher than for the prior month and was the third consecutive pick up in annual price growth. Since the HPI has increased on a year-over-year basis every month since February 2012,  January marked the eighth year of increasing home prices. Since hitting bottom in March 2011, the HPI has gained 63% and is 10% above the peak in prices hit just before the Great Recession. The recent drop in mortgage rates will support further increases in prices this year.

Forecast Prices Nationally

The CoreLogic HPI Forecast indicates that home prices will increase by 5.3% on a year-over-year basis from November 2019 to November 2020. Article sourced and written by Home Actions

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The 2020 Mortgage Interest Rate Forecast

The 2020 Mortgage Interest Rate Forecast

The 2020 Mortgage Interest Rate Forecast

Written by Home Actions | Published December 23, 2019

There are many variables that influence the direction of long-term interest rates, but most experts agree the three major areas to watch are:

  • Inflation.
  • The national and global economy.
  • Trade negotiations with China.

These three are interrelated to some degree. For example, if tariffs increase, and prices of goods are driven higher, that can lead to inflation. But if the economy continues to slow, the effects of inflation will be muted.

Most economists and industry experts agree that mortgage interest rates will stay low throughout 2020 because of a weakening global economy and trade uncertainty. Therefore, next year is shaping up to provide significant opportunities for those seeking to jump into home ownership, whether it be first time homebuyers, trade-up buyers, those considering downsizing, and anyone interested in expanding their real estate investments. Lower interest rates mean greater buying power and lower long-term acquisition cost, which increases your return on investment.

Now is the time to have a mortgage expert evaluate your situation and construct a game plan for 2020. The Cressy Team recommends checking out our Mortgage Officer page for more information about local officers. Click here to view!

Article sourced and written by Home Actions

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