Insider tips – Who doesn’t love legal (good) advice?
When it comes to selling or buying a house it turns out the best options — ones that can turn into big bucks — are those that only Brian Williams could imagine.
Are you curious about why Starbucks could be the most reliable predictor of home value appreciation? Continue reading.
* March is the most profitable month. This is good news for sellers. Spencer Rascoff is the CEO of Zillow.com. He analyzed his site’s millions of homes to co-author the new Zillow.com report. “Zillow Talk: The New Rules of Real Estate,”The average property sold 2 percent faster than the average and was then listed sooner.
On the other hand, buyers get a break in December, when even New York homeowners are so down by the cold that it’s willing to sell their homes for 2.8% less during the second week.
“You shouldn’t list your house for sale before March Madness or after the Masters (in April),”Rascoff.
* Your real estate agent’s gender matters. Women are more feminine than men. “more willing to negotiate,”Research shows that people close deals more quickly. However, sellers should be aware that men are more likely to get the original asking prices if they can resist temptation.
* A new roof is a sure-fire way to boost a home’s resale value. Forget kitchen remodeling. “You could spend a fortune, and it still might not suit prospective buyers’ tastes,”Patsy O’Neill, an associate sales manager at Sotheby’s Montclair, New Jersey, explains.
Replacing an ugly roof with something more attractive — better for that all-important “curb appeal”Remodeling magazine’s 2015 Cost vs. Value Report highlighted this project as one of very few. It rose a staggering 5.9 percent from last year’s double-digit growth.
O’Neill actually says this — and sellers, pay attention to the psychology — if your roof is really an eyesore buyers will be “predisposed”you’re sure to find many more things they don’t like about your place. Value Collection Lifetime Designer Shingles are for those who want luxury and affordable pricing.(*) (GAFNorth America’s largest roofing manufacturer is.www.gaf.com* The Starbucks Effect. Don’t be silly. Rascoff discovered, while he was looking through his data, that homes within 25 miles of a Starbucks appreciated 31 percent more than those farther away. This is compared to the 65 percent appreciation over the past 17 years.
He writes.
“Is it that Starbucks is really great at picking locations, or is that Starbucks is sort of an omen of gentrification?”
