All through my profession in actual estate, I have been questioned on various instances, “How is the real estate marketplace?” “What do you feel my dwelling will market for?” And given that the overall health crisis of COVID-19, “Are purchasers nevertheless out acquiring residences?”
With the interest rates nonetheless at historic lows below 3%, offering consumers additional obtaining electrical power, and with lower inventory continuing in Lincoln and bordering spots, potential buyers are still out wanting for residences.
So now, what are buyers looking for with the lots of adjustments and difficulties we are at the moment dealing with? The National Affiliation of Realtors just lately published its 2020 Marketplace Restoration Study, https://www.nar.realtor/investigate-and-studies/research-reports/marketplace-recovery-study. They discovered that although numerous prospective buyers have not modified a great deal of their criteria when hunting for a house, the next attributes and features have been extra to their lists. The most frequent attribute is a area for a property business office, followed by area to accommodate spouse and children (more mature grownup relative, little ones, animals), greater home with extra personal area, yard for expanding fruits/vegetables and to training, and broadband web entry.
So, my issue for you is … Does your property match these requirements? Have you been thinking of promoting your home and looking for one thing else? Let’s chat. Even if you are not well prepared to promote your house rather nevertheless, have a conversation with a Realtor about your household, what an believed market place rate might be, and what you can do to make your house much more pleasing ought to you make your mind up to put it on the market. I’m building appointments today!