WHAT’S HAPPENING TO HOMES
CHECKING ONLY 4-5 BOXES FOR BUYERS?
June 2023 MARKET WATCH
Today’s buyer is looking for homes that check 7-8 out of 10 boxes, so what’s happening to those that are in the 4-5 range? The trend towards getting immediate results and instantaneous gratification has now impacted the housing market. And that’s why move-in-ready homes have a short shelf life until they get scooped up…people are busy, don’t feel like dealing with contractors and spending weekends going back and forth to Home Depot so they’re desperately wanting to enjoy their investment and get something that they can enjoy right away. That’s leaving many slightly outdated to majorly outdated homes on the market for multiple months vs. 1-3 weeks in the move-in ready arena.
So for those of you looking to sell, it’s vital that you know what’s going on here, and if you’re starting to feel uneasy, we have your back and you’ll want to hear about our Ready to Sell program that essentially let’s you hand us the keys to get your home updated to maximize profit and check off some more boxes super easily, all with no out of pocket expenses, it’s covered in escrow via your home’s equity.
And for you buyers, there are still quite a few people selling their homes that need some sweat equity to update their good bones. This is your opportunity to bypass the competition that’s set on move-ready status for their purchase and grab a great deal.
Either way, we’re here to guide you through this market and we recognize everyone’s situation is different, so we recommend getting in touch with us sooner than later so we can strategically prepare you for your jump into real estate. Whether you’re a first time buyer or a veteran, let’s chat and make sure you’re using all the resources you have available to you.
We hope you enjoyed this edition of Market Watch. Have you checked out our library of resources, including our READY TO Sell program allowing 0% financing for 12 months to fix up bathrooms, your roof, landscaping and so much more so you can sell your home at top value. Plus, our Mortgage & Home Value Calculators will help you crunch your numbers.
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