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Tag Archives: palmdale real estate

4 Steps to Launch the Home Buying Process

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You’ve decided you’re ready to buy your own home­ – now what? Start with these initial steps:

1. Get your financial ducks in a row.
Calculate how much money you have in savings and assets, your total annual income and your expenses. Know how much of it you can allocate toward a downpayment and other expenses. Check your credit report and fix any errors. This will help you determine what type of loan you qualify for, and the price range of homes you want to look at.

2. Determine how much house you can afford.
A common rule is that your monthly mortgage payment should not exceed 28 percent of your pre-tax income. You can plug your information into an online mortgage calculator to get a starting idea of exactly how much you’ll pay each month with different interest rates and terms.

3. Find a real estate agent.
Interview several agents to find one that specializes in the communities you’re interested in and has experience representing buyers with the type of home you’re looking for. Search for a local agent now.

4. Shop!
It’s important that you keep an open mind and look at a wide range of properties. Go to open houses. Cruise the Internet. Peruse different neighborhoods. Your agent will also help by finding properties that match as many of your “wants” and “needs” as possible. When you fall in love with a house and are ready to make it official, your agent can help you navigate the process from putting in an offer to the closing table.

Whether you’re buying, selling or looking to make your house a home, you can find more advice on the RE/MAX blog.

RE/MAX All-Pro Open House Showcase

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Don’t forget to come out to our Open House Showcase this Sunday! 17 homes will be shown, with more than a dozen of our agents hosting!

View Listings >

 

4 Things Agents Consider When Setting Listing Prices

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There’s no online calculator for setting the perfect listing price for your home. It takes experience, market savvy, and even a bit of psychology. A strong listing agent can help you set the right, most competitive price for your home. Here are a few things they might look at:

1. The competition
Your agent will look at the prices of similar homes in your area that either are currently listed or sold during the past few months. They’ll take into account how many days the properties were on the market, and how the listing prices for those homes differed from the final sale prices.

2. Market trends
What’s affecting the market in your neighborhood, and your region? Your agent will consider national factors that shape the real estate market, such as possible rising interest rates, as well as local factors, like whether the average home price in your neighborhood has been rising or falling. They’ll also think about things such as new companies moving to the area in the near future, or plans for improving local amenities, like parks and shopping districts. All can increase the value of your home to a buyer.

3. Your neighbors
Although a home the same size and age recently sold for a high price, your own place might not fetch the exact same fortune if, say, junky cars continue to proliferate in your neighbor’s driveway. On the flipside, if the grass is in fact greener on the other side of the fence, your home’s value may be higher due to your neighbors’ curb appeal.

4. The Goldilocks price
Listing your home at a price that’s “just right” from the start is critical to selling it quickly, for the best price. Overpricing your home, and then dropping the price a few times while it sits on the market, could lead to a lower final sales price than if the home was priced appropriately from the beginning. And, of course, setting a price that’s too low leaves money on the table.

Wondering how much your home might be worth in today’s market? Find a local RE/MAX agent who can explain how these and other considerations could factor into a pricing strategy for your home.

April Housing Report

The 2016 home buying season began in March with a 33.4% jump in sales from February among the 53 metro areas surveyed for the RE/MAX National Housing Report, which is a little better than the 31.0% seven-year average of February to March increases. March sales were also 3.6% greater than sales one year ago. So far in 2016, the average year-over-year increase in home sales has been 4.9%. The median price among the Median Sales Prices of the markets in the survey in March was $204,000, which was the same median price reported in March 2015. The inventory of homes for sale remains very tight in many markets across the country, with March seeing a level that is 13.3% lower than a year ago, the exact same difference seen in February. At the rate of home sales in March, the national Months Supply of inventory was 3.2, down from 3.7 in March 2015.

The April 2016 Housing Report infograph can be found here.

May 2015 RE/MAX National Housing Report

Home sales in April were greater than in any other April since the RE/MAX National Housing Report began in 2008. This continued a three-month trend in which sales were higher than both the previous month and the same month in the previous year.

Press Release “GRAND OPENING Palmdale – New real estate office opens”

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AV Press Grand Opening

Listing Photos: What to Look for When Shopping

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These days, very little is left to the imagination when it comes to browsing homes for sale online. With virtual tours, professional photos and mapped locations, it’s easy to see what you might be getting – before you ever set foot in a potential purchase. Technology certainly has its advantages, doesn’t it?

These listing features help you, the homebuyer, narrow down your home search and direct your real estate agent to specific properties. And although you shouldn’t risk ruling out an otherwise perfect property based solely on its online reputation – hey, even houses have bad days – photos and videos can help save time and energy when it comes to building your short list of homes to tour.

So what should you really be looking for based on these photos, videos and mapping tools? Start with:

  • Layout. Does it meet your space needs? Are the only bathrooms upstairs? Is there a pantry?
  • Potential Repairs. Have the original hardwood floors seen better days? Are you up for the challenge of rehabbing?
  • Yard maintenance. Does the home feature a half-acre yard – on a hill – with 30 bushes that need regular pruning? Will you have time to maintain it all – and is the yard worth the effort?
  • Lot location. Are you concerned about being on a corner lot at one of the neighborhood’s main intersections?

Remember, photos and videos can’t always capture everything, so consider your top three priorities in a home. When you think you’ve found them in a property online, it might be worth taking a look in person – even if that shade of green in the kitchen isn’t your first choice.

The best thing you can do is see what’s really there. Contact a RE/MAX real estate agent who can help you find your picture-perfect place.

Ways to Help Kids Adapt to a Move

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We all know that moving can be stressful. Add to that the confusion and anxiety that a child may feel at leaving their familiar little world, and all of a sudden moving into that new place can be downright traumatic.

But it doesn’t have to be that way. Here’s a list of some things you can do to ease your child’s transition to a new home.

  • Look for children’s books about packing, moving and getting used to a new house. See what’s available at your local library, or search online for titles. There’s plenty to choose from.
  • Talk to your kids. Explain why you’re moving in an age-appropriate way. Keep it simple and clear. An older child will understand the concept of a job transfer but a younger child might find the idea of moving to a place with more room to play a more compelling explanation. Understanding the reason behind a move will help your child better absorb the reality.
  • Changing schools as the result of a move presents its own special challenges. If you have elementary-school age children, try to visit the new school with your child before he or she starts attending. Ask to meet the teachers, tour the classrooms, and maybe spend some time at the school with your youngster. Encourage your older children to do some online research into their new school; help them explore its academic opportunities, clubs and athletics.
  • Whenever possible, involve children in some of the decisions. If you’re looking at homes for sale together, ask them for their opinions. Ask where they’d place a bed and toys in their new room, or have them pick a new paint color.
  • You might be ready for new furniture and decor, but young children might have an easier time adjusting to a new home if some familiar pieces from the previous home stick around. So don’t rush to redecorate. Familiar items may ease your youngster’s transition.
  • Try to set up your child’s new room as soon as possible, even before the rest of the house is under control. Order, calm and your child’s favorite toys easily within reach will go a long way in making him or her feel settled.
  • If possible, revisit your former neighborhood or invite your child’s friends from there to your new place. That reconnection with the past, even if it’s brief, can help your child move forward.

Fit to Sell: Why a Home Doesn’t Sell

Help close the gap between what homebuyers are looking for – a home that’s updated and well-maintained – and what’s actually available on the market. By doing so, your home has a better chance of selling quickly and for more money.

Watch the most recent RE/MAX “Fit to Sell” video to learn what three steps are needed to sell your home – and which three major elements can affect its sale.

Looking for more tips and tools on selling your home? Watch all the videos in the RE/MAX “Fit to Sell” series.

Ready to start a new career in 2014?

Are you ready to take full control of your sales career?
You’ve taken the first step – now find out more about RE/MAX All-Pro and the AV’s best real estate professionals. No one in the Antelope Valley sells more homes and the reason is simple, we know our market and provide our team with the right tools. Some of the benefits include…

Everybody Knows Your Name

  • You benefit every time a RE/MAX TV ad hits the airwaves
  • Tie your personal promotion into the national campaign
  • Create your own professional listing flyers, virtual tours and more

Get More From Your Brand

  • Thousands of top-producing agents have established the powerful reputation of “RE/MAX” for you
  • Combine your name and talents with the worldwide leader in real estate sales
  • Take your marketing Above the Crowd!® with the world-famous RE/MAX balloon

Mine Social Media for Leads

  • Post videos of your listings on the RE/MAX YouTube Brand Channel
  • Leverage RE/MAX sites on Facebook, Twitter and LinkedIn

Make a Difference

  • Support compelling causes while bolstering your business
  • Make miracles happen for sick and injured kids; connect your business to the fight against breast cancer

RE/MAX in the News

  • Share in a reputation for leadership, and the respect and visibility that comes with being part of RE/MAX

 

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