Tuesday, August 28, 2012

Maybe It's Time to Think About Selling

August 28, 2012
For those homeowners who have been waiting for the real estate market to improve, we may be just about at that point. This morning the Case-Shiller reports announced that home prices had actually seen an upward tick It is important to remember that an "upward tick" is not a jump to pre-recession levels. Our numbers show that the lack of homes for sale and the number of potential purchasers has made multiple offers common again. Multiple offers tend to push prices upward.
If you are thinking about downsizing or up sizing your living quarters, call a professional real estate agent and ask for a market analysis. In our market are of Inland Southern California, the fall season can be a favorable time to sell. The weather is generally beautiful, the scenery can be breathtaking and for can be motivated to be in a new home for the holidays. All of this elements work in a seller's favor.
If you are not ready to make a move quite yet, take this fall to make any repairs that would enhance the saleability of your property. Consider replacing windows. Consider cleaning the garage. Consider stripping any wallpaper and repainting walls. Have a heating and cooling company check out your systems. Have a licensed roofer check your roof. Have a structural pest control company check for termites and dry rot. Even if you do not want to sell in the near future, these are all good maintenance activities. If you do decide to sell, you will not be surprised when a buyer asks for repairs to be made.
Obviously, those of us in the business of selling real estate would love for homeowners to put their homes on the market. As a homeowner, you can make a decision as to what is the best decision for you - sell or stay put.

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