I’ve been in the real estate business for quite some time, and often clients hesitate to ask me questions about getting their home ready to sell because they may think the questions seem frivolous or silly. Well, there truly are no silly questions in real estate! Every home is unique, and every situation has its own set of intricacies. If you’ve never had a house for sale before, or if a problem arises that you may have never anticipated, that’s all part of the process. I’ve compiled some questions over the years that homeowners have asked me and thought I would pass the information on to you.
Curbside appeal. What do I need to do?
I’ve written about first impressions before, but did you know that people looking for new homes notice things about your entryway that you may assume they won’t notice? You’ve spent a lot of time getting the interior of your home ready, but what about the entryway? The threshold of your entryway, from the steps to the welcome mat, will be critiqued by new home seekers. Is it dusty and needs to be swept? Is your welcome mat old and tattered? Make sure your mailbox is standing tall and without chipped paint. Pay attention to everything from your front door windows being clean to the walkway being inviting. “Curb appeal” may begin at the curb, but buyers will notice so much more as they approach your front door.
Not sure? Yes, you DO need to do the windows!
Another recommendation I give homeowners that are trying to sell their home is to not neglect the patio doors and windows. This may seem like an obvious tip, but when people are walking through your home and open the blinds or curtains to get a view of the backyard, you really want the frames to be dust free and the window’s glass crystal clear. Patio doors and the door tracks should also be cleaned and any obstructions cleared away, especially times during the year that may be considered “unseasonal” for using outdoor spaces. Wondering if hiring a window cleaner is worth the additional expense? Most definitely, especially if you don’t have time to do it yourself. Having your windows professionally cleaned at a price range anywhere from $6 to $8 a window, which includes the inside, outside and the screens, is well worth the return on that investment. And also make sure your outdoor spaces are tidied up, too.
Should I think about a heating and cooling system check-up?
When trying to sell a home, don’t forget about one of the biggest expenses associated with home ownership…and that’s your home’s energy costs. Heating and cooling your home can be quite expensive, and well-informed people looking to buy may inquire about the last time your HVAC system has been serviced. If your home is newer, it’s easier to present them with any installation and warranty information. For older homes, it’s a good idea to have a certified HVAC company come to your home and give a check-up of your system. Whether you simply need to change your filters or have a bigger maintenance issue to resolve, it helps to know what you are dealing with before you put your home on the market.
What do I do about our pets, pet toys and kid toys?
Homes can get messy, and pets and kids can often be the culprits! Think about walking into a home that you know has pets. Are you preoccupied with the smell you’re noticing or the toys you’re seeing, scattered around the home? When getting your home ready to sell, it’s best to keep the smells as neutral as possible, and always pick up remnants of toys, whether from Fido or your 5 – year old. Think about investing in a toy box for your kid’s room, if you don’t already have one, because it’s an easy way to collect toys and keep them organized. If an interested buyer wants to see your house within the hour, think about ways to keep the stress level contained. Ideally, load up the car with kids and pets before a house showing with snacks, games, and videos ready to keep your family occupied while out of the house!
This is only a sampling of questions sellers and buyers ask me. Throughout the year, I’ll share those questions and some tips as they arise. Attention-to-detail can make the difference between a sale or a snub. Let me help you get your house ready for an open house that is sure to impress! Contact me with any questions that you have about any of your real estate needs. My number is (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
There are still home seekers that will look for that perfect new home over the holidays, with the intent of moving into their new space in the New Year. Even though it’s not the most popular time to buy or sell real estate because of everyone’s hectic schedules and cold temperatures, house hunting will still be happening. An HGTV article cites that staging your home for the holidays should be stylish and neutral, giving a vibe of the season without going overboard.
So, what do you do so your home is styled in a festive manner without making it look like a scene from “Christmas Vacation”? The following real estate tips will help, offering ideas for decorating your home and keeping your buyers in the right spirit!
Start with a clean slate. Staging your home, no matter the season, should not be overdone. And before you even unpack that first holiday decoration, make sure to clear out and clean the clutter! Take a look at your house “pre-décor”, and make sure it’s already staged, which means the extra tchotchkes and collections have been put away. If you add your ceramic Christmas tree collection to the mix without cleaning, it will surely look cluttered.
People tend to use all additional spaces in the home when they decorate for holidays, and when staging your home, this isn’t a great idea. You still want the rooms in your home to look as spacious as possible, which means limiting the holiday décor. If you think you may miss your 20 Santa figurines, keep in mind that with a little staging strategy, you’ll be celebrating your nextholiday in a new home…and you can decorate in any way you like!
Holiday flair should be cozy and coordinating. Items like a crystal bowl with pinecones or an evergreen wreath can really spruce up your house. It’s best to also match your existing décor with your holiday style. If you have a dining room painted in a soothing sky blue, stay in harmony with it by opting for white snowflakes or silver-toned ornaments and table coverings. Adding red and green to the mix would clash and not complement. The traditional red and green color scheme works well as accent tones if your room has more earthy colors like forest greens, oranges and golds.
Also, tone down gaudy light displays while your home is on the market. It’s best to use simple string lighting to play up your home’s structure or draw attention to the gorgeous fir tree in your front yard.
Highlight the positive. As stated earlier, too many holiday items scattered throughout the home will distract, but if you add the right accessories in the right spots, it will accent your home’s best features. Think about placement of mistletoe in the arched doorway or displaying your menorah on the ledge of your living room’s bay window. When decorating, just make sure to not block a beautiful view or place cheap-looking window decals that may distract the home buyer from your lovely backyard’s vista. Own a custom fireplace? It may be best to not place 6 personalized stockings over it, taking away from its architectural details.
Neutrality is key. When trying to sell your house, it’s best to leave the life-sized Nativity scene in storage this year as well as multiple blow-ups in the front yard like snow globes with a Santa. Because you want to attract any type of home buyer, it’s best to keep low key décor that isn’t overly religious. You also want to make sure the front yard is safe and not scattered with extension cords to activate the Christmas inflatables. An example of neutral décor may include nutcrackers, reindeer and snowmen.
Trim the tree. If a Christmas tree is in your holiday décor plans, make sure the tree fits your space nicely and not overwhelm it. Have a small living room? Use a skinny tree to save space. When your house is on the market, it also may be best to use cohesive ornaments instead of the mismatched, homemade ones your children made in school. Although those ornaments are sentimental, homebuyers will not understand their significance. Instead, set the stage for a perfect holiday in your home with a tree that looks tailored and tasteful.
Have questions about purchasing a new home in the Metro-east or selling your existing one during the holiday season? Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Anyone that has worked with me knows that I have a genuine passion to find the perfect home for my clients. I love real estate and truly believe that investing in your home is one of the most important investments you can make. A home is where memories are made, love is shared, and your true personal taste and style can be expressed.
When finding someone the perfect home, it’s important to really be able to relate to the client. A Realtor® definitely needs to be a “people-person” to be successful! Listening is one of the best traits of a good Realtor® because finding the perfect home goes beyond the zip code and the price per square foot – matching the needs of the new homeowner is paramount! Tailoring the home search to the client saves time and ultimately is a more enjoyable experience. Open house visits are fun, but when it’s time to get serious in your home search, it’s always best to hire a Realtor®.
One of my favorite mottos is “extraordinary efforts produce extraordinary results.” I offer more of a personal concierge service to ensure that my clients receive the most information about neighborhoods, techniques and recommendations regarding the home buying or home building process, with on-going communication throughout the process. If you’re looking to relocate or change homes in the Metro-east area, I can help make the transition a smooth one!
There are many fantastic neighborhoods in the Metro-east. Here are just a few of my favorites along with some features to fall in love with, time and time again.
Niche.com ranked Edwardsville and Glen Carbon two of the BEST places to live in Madison County. Statistics were based on low crime rates, cost of living, job opportunities, and amenities. The Niche website gave both communities an A+! The Ebbet’s Field subdivision is a good representation of why these communities impress. This neighborhood is mere minutes from shopping as well as the excellent schools in District 7. The newer, full-service and local YMCA is also just down the street. Prices range from $400,000 and up.
Another family-oriented development, this subdivision is located in Glen Carbon. Prices range from $300,000 and up and this development boasts a collection of craftsman and traditional style homes. Community-minded and located conveniently by the many Madison County Bike Trails, Savannah Crossing is also close to shopping and is a part of the Edwardsville School District. Another good reason to think about living in one of the “Top 100 Places to Live”, as ranked in CNN Money.
Another beautiful development in the heart of Edwardsville is Brookshire Hamlet. Easy access to everything we love about Edwardsville, it’s also easy access to all major Interstates and only 25 minutes from downtown St. Louis. This is a simplified living community, which means it’s maintenance free living with lawn and landscaping care included along with snow shoveling and exterior maintenance responsibilities. Looking for a home site to build your next home? This might be it!
A perfect place for friends to gather, share day’s events or simply relax.. @Cloverdale the neighborhood has tremendous walkability factor for a relaxing evening walk with the family, friends, the dog or on your own for a bit of solitude. Hit the trails for a morning workout & easily traverse the 100 plus mile system full of the best that nature can offer. Another bonus: @Cloverdale is only a 20-25 minute walk to downtown Edwardsville for a beautiful morning at the farmer’s market or a delicious trip to one of the local coffee shops
Other neighborhoods that many of my clients now call “home” include Timberwolfe Estates, Arbor Lake, Somerset, Governor’s Way and Stonecliff Manor. Nearby Troy, Illinois is another emerging community that offers a great school district, restaurants, parks and shopping. Hampton Glen and Shadow Creek are two neighborhoods in Troy that are highly suitable when a new home is in your future.
I’ve only named a few of the neighborhoods and communities in the Metro-east area that offer wonderful homes with great features and amenities. My knowledge of the area goes beyond the neighborhoods I’ve listed here, and once I know your budget, ideal location and “wish list” items, I’ll be able to help determine which neighborhoods will best suit you. You can also find additional communities highlighted on my website at https://SandieLaMantia.com/.
It’s my ultimate goal as a Realtor® to find you the perfect home. I can also assist you when selling your existing home because I have a comprehensive knowledge of the local market and what works! I can help you determine which home features will lead you to a higher sale price, negotiating with the right buyer so you can sell your home efficiently and stress-free. Want to learn more? Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
If you are considering putting your home on the market, your friends and family may want to offer tips and guidance about staging your home, what to list it for, and the best time to sell. Keep in mind there are a lot of factors to consider if you wan to sell your home this Fall season, and they can vary from zip code to zip code, street to cul-de-sac. There can be benefits and drawbacks with listing your home, no matter the season. Hopefully these tips will help during the home selling process if you are considering an autumn sale.
You may have once thought you’d live in your existing home forever! Things change, and a relocation may be necessary due to a new job or unexpected life event. I typically like recommending to my clients that first and foremost, consider what’s best for your family. Sometimes timing a move with a new school year makes sense so your kids are getting started with new classes and new teachers at the same time as the other children in the school district. Fall is typically the second-best time to sell your home, coming in second after spring.
As the cooler, fall weather approaches, there are still people looking for that new home. Fall can be an ideal time to shop, buy, and get moved in before all of the upcoming holidays that the season brings. It’s important to clean up that yard and enhance your home’s curb appeal during the fall months. Trim bushes and cut back vines, move the summer toys and gadgets out of the yard, and begin to give your home that cozy, autumn aesthetic.
What homebuyers see first is important. Mums are lovely additions to the front porch. Or, choose marigolds in your landscape planters. Place the flowered pots by the entrance and along the walkway, accenting your home’s backdrop with pumpkins and squash. Hang a fall wreath on the front door and tidy up your home’s exterior with window washing and a new welcome mat!
There are other benefits to selling your home in the fall months. During the spring, the market is saturated with homes for sale in a variety of neighborhoods. If your home doesn’t have any distinguishing features that sets you ahead of the pack, competition can be fierce. On the other hand, what if your house does have unique features and you decide to sell during a time of year that’s slightly less busy? There’s a very good chance your house will be noticed, possibly even commanding a higher price in the fall.
Other tips include cleaning that wood-burning fireplace from any debris. Why not even place a fall arrangement within it? Autumn is a perfect time to stage your home with scents of homemade cookies baking, pumpkin, and hot apple cider. Many recommend simmering cinnamon sticks on the stove-top so the smell sifts through the air. There are many ways, from candles to essential oils, to create a memorable experience for the potential homebuyer.
Lack of competition is a benefit that should be seriously considered if you are in the market to sell your home. With fewer homes for sale, there’s opportunity to sell your home more quickly, especially if a buyer needs to move immediately. Also, families without school-aged children have more flexibility when considering a move date. In our school district, we have the advantage of being a desirable place to live for homebuyers, no matter what time of year it may be.
As a Realtor®, I can assist you when selling your home because I know the local market inside and out. I can help decide which home features will lead you to a higher sale price, negotiating with the right buyer so you can sell your home in the least amount of time. Fall is a great time to sell! Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
In between family vacations, sporting events, picnics, reunions and trips to the pool, how are you going to keep your kids busy this summer? In the Edwardsville and Glen Carbon area, we are fortunate to have many wonderful activities in our community (or just right next door), offering a variety of things for kids and families to enjoy all summer long.
Community Parks. If you live in one of our beautiful Metro-east communities, you know about our wonderful parks. Whether you spend an afternoon at Edwardsville Township Park (also known as “Airplane” Park) or the recently developed Leon Corlew Park and splash pad, you have fun only moments away. Township Park offers visitors a Boundless Playground™, an all-inclusive playground that lets children with and without disabilities play together in an accessible and nurturing environment. Learn more at https://edwardsvilletownship.com/.
The Leon Corlew Park and Splash Pad, located at 333 South Main Street in Edwardsville is another free, cool way to spend a hot afternoon. Offering a splash pad with features from gentle bubblers to a large dumping bucket, the park has pavilions, shady areas and even a dry playground to enjoy. Most of the parks in Edwardsville and Glen Carbon are also connected by area biking and walking trails. Learn more at the Edwardsville Parks and Recreation website by clicking on this link: https://www.cityofedwardsville.com/475/List-of-Parks-in-Edwardsville.
Arts in the Park. Beginning on Thursday, June 7, Arts in the Park is a 10-week summer series of entertainment for the entire family. Band concerts, events and art classes all take place at City Park in Edwardsville by the Public Library. Bands like the Soulard Blues Band and Spanky’s Dueling Pianos will entertain on Friday nights, while the Saturday morning art classes include activities like clay, sculpture and mural creation (grades K-4). To view a complete schedule, visit the website at: https://www.cityofedwardsville.com/CivicAlerts.aspx?AID=28
Indoor options…to cool off in style. Altitude Trampoline Parkwas recently updated to include enhancements for kids wanting to take a break from the hot summer sun. Dodge ball, indoor trampolines, foam pit and more is a perfect place for the entire family or birthday parties. Located at 91 Fountain Drive in Glen Carbon, Altitudeis just one more option when making summer plans.
Edison’s Entertainment Complex, conveniently located across the street from Altitude, also offers a fun way to cool off. Offering food, bowling, game room, laser tag and more, take a break from the heat to visit Edison’s for “genius level fun”.
College for kids.
Southern Illinois University (SIUE) and Lewis and Clark Community Collegeoffers a plethora of classes for all ages, whether it’s in creative writing, art or a class about computer programming, it’s easy to enrich your child’s life this summer with a little education sprinkled with fun. Lewis and Clark classes in photography, horsemanship, theater and golf are offered in Madison, Macoupin and Jersey counties. Visit their website at http://www.lc.edu/c4k/.
The SIUE Summer camps are also amazing, with the Writing Camp celebrating its 36th year. Area youth ages 8 to 18 are able to combine learning with recreational activities like swimming, hiking and bowling. The writing development involves essays, creative forms of writing in drama and fiction, with spelling, grammar, punctuation and other basics taught. Call Adam at SIUE for more information at 618-650-2284.Other camps are available at SIUE, from jazz to science, softball to dance. Visit the SIUE website for a complete list of summer courses your kids are sure to enjoy.
There are a lot of fun, summer things to do and see in our many neighborhoods and this is just a sampling! As a licensed Realtor® it’s my goal to help make your real estate dreams come true, offering tips to not only enhance your home’s beauty but to also share local news and advice about the many Metro-east communities you may call “home”. Looking to sell your home or relocate? Contact me for all of your real estate needs at (618) 978-2384 or contact me here or at Sandie@SandieLaMantia.com.
The real estate industry is bustling in the spring months, beginning as early as February! With even the thought of temperatures rising, people in the market for a new home or looking to sell begin to become motivated. Homes are hitting the market and in our area, if the home is priced right, they can have an offer that same day. If you are looking to make a change or looking for your next “home sweet home”, Spring can be a perfect time to find the perfect match.
We’ve focused on tips to sell your home in the past, but if here are some Spring time tips for buyers in real estate.
Hire a real estate professional to help in your next real estate adventure. In today’s market, a professional Realtor® is experienced in many, many transactions. If you want to find a home in your ideal location, using a Realtor® can make your entire buying process easier. A Realtor® does a lot, going beyond just the home search. We help with contracts, negotiations, inspections and any other unforeseen obstacles that may pop up. An agent understands trends in the market today and can help you navigate this fast-paced buying/selling season. Keep in mind that it costs nothing to hire an agent because the seller of your new home will pay the commission.
Pre-approval for a home mortgage helps.
So, your budget is prepped and ready to go. If you know exactly what you can spend and what you may consider a “comfortable” budget for that next home, you’re heading in the right direction. You can also meet with a mortgage specialist to determine an accurate budget for that new home, and then take steps to obtain loan pre-approval. Of course, it’s okay to go to open houses and scan the web for homes for sale, but there are benefits to getting a pre-approved loan. When buyers are already pre-approved, sellers are more likely to take notice of an offer because they know you are serious at making a purchase.
Know what you want in a new home.
If you are ready to buy, it makes sense to sit down with family members and discuss your needs as well as your wishes. Whether it’s finding a new home in a certain school district or having an unfinished basement so you can add your personalized touch, what you want in your new home should be listed and prioritized. We’ve all watched House Hunters on HGTV when a couple can’t seem to agree on their perfect home! One wants a big back yard in the outskirts of town, while the other wants no yard in an urban environment. When buying a home, you should have a strong understanding of your requirements, and if there’s any conflict among other family members make sure you rank them in order of importance.
Keep in mind, it’s helpful to be flexible because your wants may shift based on availability in the market, market trends and budget, but the better you understand the most important features you desire of your new home, the smoother this process will be.
Be prepared to compete when buying a home.
In today’s market, it’s not unheard of that buyers compete for their dream home. You may need to prepare yourself to either back down during negotiations or pay more than you had originally anticipated paying. Bidding wars have been on the rise for a while. By working with your agent, you can think of unique ways to stand out from the other buyers, going beyond just price. Maybe you offer the sellers an extra week to move out? Or honor other stipulations when looking to close the deal? I can help you find ways to create incentives when making an offer on your next home.
If it’s time to buy or sell that new home, I can help! As a licensed Realtor® it’s my goal to help make your real estate dreams come true, sharing my knowledge of our local market as well as offering recommendations during the real estate process. Now is a great time to buy a house that your entire family will love! Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com
As a Realtor®, it’s my job to find the perfect home for my clients. Over the years, I’ve learned helpful tips in regards to real estate for beginners that I like to share. Whether you’re a buyer, seller or both, here are some things that will come in handy that many Realtors® wish you already knew.
The Preapproval Letter is Just the First Step. Keep in mind, the preapproval letter is just the start of the process. Before closing, a lender re-examines a prospective buyer’s finances which also includes recent credit history. If numbers have changed (decreased due to salary or spending) the applicant could end up with a higher interest rate or even lose the loan. It’s best to continue frugality in your spending even after you’ve been preapproved for the mortgage. Homebuyers sometimes want to start buying, running up credit cards for their new home. What this means: it’s best to not open new loans or increase your credit spending.
Selling a house can take longer than you think. The selling process can take time and it’s important to have realistic expectations on the timeframe for selling a home. Different markets and different home prices move at different speeds, so you can’t always base your schedule on what happened to a friend in a different neighborhood or state. Negotiations after an offer can take 24-72 hours, and typical closing preparations can take 30-45 days. I can help price your home for the right amount so that the entire process flows smoothly and in a realistic timeframe.
“Buyers” may not all be able to buy. Just because you have an open house with many, many people walking-through, it doesn’t always mean the buyers are ready to purchase. Keep in mind, people walking through homes during an open house may all be at a different stage in their home search. It’s true that pre-qualification letters are used to confirm buyers have good credit and give salary information, but a serious buyer will have already applied for a loan and the bank has verified their finances, giving a specific dollar amount to the loan. Most agents will also call the lender and verify the buyer is pre-approved for that amount. If a buyer has already applied for a loan, they are ready to make that move into a new home.
It’s the whole package. Buyers need to walk through a home and feel good about what they are seeing, and that even includes the home’s smell. As a buyer, it’s also important to look at the new space and be able to imagine your own personal style in the prospective home’s layout. For sellers, it’s always beneficial to pay attention to the little things. Clean carpet, a fresh-smelling home, and lack of knick-knacks around the house really does help sellers present their home in a more desirable manner for buyers…and buyers will notice.
As a buyer, think about your needs for today and long term. Buying a house can be a big financial commitment, and as a buyer it’s important to think about your long-term plans when searching for a new home. Are you planning on staying at your current job or is there a chance you may relocate? Will you be starting a family soon? Depending on the market and the terms of your mortgage, you may not actually pay down any real equity for several years. Keep this in mind if you aren’t sure about the prospective new home fitting within your long-term needs. If not, you may want to keep looking.
If you aren’t entirely sure of the details necessary to get your house “showroom ready”, I can help. As a licensed Realtor® it’s my goal to help make your real estate dreams come true, sharing my knowledge of our local market as well as offering recommendations during the home buying or selling process. Now is a great time to buy! Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Are you familiar with the term “escrow”? It has several meanings in real estate, but the most simplistic definition is that an escrow account is set up for you by your lender to pay for homeowner’s insurance and property taxes when home ownership costs are due during the course of any given year.
Basically, escrow is when an impartial third party holds on to something of value during a transaction, and in the case of real estate, buyers write an earnest money check when making an offer that is then placed in escrow. The impartial third party holds on to the check until the buyer and the seller negotiates a contract to hopefully close the deal. When in escrow, the buyer and the seller can’t touch the money. It’s in a sort of “real estate limbo”.
The reason the check is handled by a third party is to protect both parties involved. If you put down earnest money and that money goes directly to the seller, what if the seller decides to hold the earnest money as a way to negotiate? When the money is in escrow, you know that everyone involved in the transaction is treated fairly and gets what is due at the same time.
When talking with your mortgage lender, the term escrow will come up again. Terms like escrow, impound or reserves may come up. All terms mean the same thing: they are funds held by the lender to make payments for your homeowner’s insurance and property taxes. Another term, prepaids, is money collected in advance for bills to make sure there’s enough money on hand to pay when due.
What’s escrow and closing mean?
When the agreement has been made and the purchase is complete, the term “closing of escrow” will be used. Closing officers or escrow officers will sit with you and oversee the final paperwork and make sure the transfer of funds happens smoothly. During the closing, the officer wants to make sure the recording of deeds, money disbursement and all paperwork has been properly signed and recorded. The closing process does take a little bit of time, but it’s important that all conditions are met to make sure the transaction is accurate and complete.
When does a hold-back of funds happen?
Sales can still be completed with a transfer of ownership when funds are still in escrow. One example of this is if you’ve made an agreement with the seller to stay in the house for an agreed upon amount of time while their new home is completed. When participating in this “rent back” agreement, a real estate agent will advise you to have the escrow agent hold back some of the seller’s proceeds until vacating the premises entirely. The reasoning? Your new home should be left in the condition specified in your real estate contract with no damage, etc.
Sometimes during a final walk-through of the new home buyers find something wrong. Also in some cases, work cannot be done prior to the move-out date. If this happens, it’s a good idea to keep money in escrow to help with the expense. Hold-back of funds is also used in new construction, keeping money in escrow until work is completed and the paperwork is signed.
After escrow is closed and all funds have been distributed, the buyer and seller will receive a final closing statement and completed documents in the mail. Make sure the statement is reviewed carefully and if you see anything incorrect or have a question, contact the closing agent as soon as possible. Next, file the statement with all of your other important papers. When tax time comes, you’ll need to have the documents easily accessible for income tax return season.
Let me help you with your next home adventure! As a licensed Realtor® it’s my goal to help make your real estate dreams come true, sharing my knowledge of our local market as well as offering recommendations during the home buying or selling process. Looking for a new home in 2018? Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
The rest of 2017 and early 2018 is expected to be interesting for real estate. The economy is solid, trade looks fine, and we’ve seen an active new construction environment. It’s possible with labor shortages and higher lumber costs there could be higher home prices with fewer houses for resale. In the ever interesting and ever-changing real estate market, here are some other influences that may affect housing in the coming year (and possibly beyond) as well as tried and true tips for homeowners.
Is 2018 the time to buy or sell your home?
Prices are still sizzling for buying a new home…there’s simply not enough homes for sale to go around. Lack of homes available isn’t just a local problem either – it’s a national one. In some markets, homebuyers will need to get creative (and pay more) when seeking homes with multiple offers, especially in the bigger cities.
Some experts think that with the lack of homes available, it means home prices will continue to be high. There’s really no guarantee that will be the case. Many home builders are feeling optimistic, and that’s always good to hear. Typically, an economy that looks good with lower unemployment rates, you may see more people investing in rental income property or real estate investing opportunities. Millennials are seeking housing as well, and this will all influence the housing market.
What’s economists are saying.
According to many top economists, mortgage rates may rise in the next few years, past 4% and even past 5%. If house prices experience stabilization, increased rates will be manageable. One online article cites the importance of wage growth happening. Chief economist for Mortgage Bankers Association, Michael Fratantoni, stated that “it is getting more difficult for companies to fill their positions.” Fratantoni hopes that companies begin to raise wages to seek more qualified candidates. If this happens, the increase of interest rates won’t be as problematic for borrowers.
Buying and Selling Tips that work in any economy.
We live in a global economy, and even though economists and experts can see trends happening in the real estate market, there’s no real way to know exactly what may happen. Natural disasters, political uncertainty, and more can affect our local market. Here are some tips, no matter the economy, that you can rely on if you want to buy or sell a home in 2018.
- Fix issues in your home before its sale. Want to get top dollar for your home? Fix the issues that may lower your homes’ asking price. Realtor.com recommends updating appliances, refinishing floors, and cleaning or replacing windows. Because I know the local market and neighborhoods, I can help you decide what improvement will be the best in your particular situation.
- Make sure your home isn’t priced too high. About 70% of all local homes go into escrow within 30 days of being listed. Homes still on the market for 60 days or more typically means the home is overpriced, especially in today’s market. With my help, I can make sure your home is priced right and ready for sale.
- Set a realistic timeline. The real estate market can and will change, so have a firm understanding of your priorities and what your motivation is for selling and/or buying that next home. Are you wanting to sell your home because of a job relocation or simply because you’re wanting a change? Know what is motivating you to move and be ready to be flexible if that dream house on the corner you’ve had your eye on sells or if your existing home doesn’t sell as quickly as you thought it would. Be realistic with expectations and listen to your Realtor® for advice and ideas if adversity strikes.
Buying and selling a home is always an exciting undertaking! As a licensed Realtor® it’s my goal to help individuals and families during the entire real estate process, sharing my understanding of the market conditions as well as recommended strategies to use in any economy. 2018 will be here before we know it, and that means a fresh start and maybe even a new home! Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Probably less than a decade ago, we would have never referred to our homes as being “smart”. Today, it’s a common term connected with the latest technology, creating a home that would be suitable in a Jetson’s cartoon, entertaining us with futuristic toys and conveniences like we’ve never seen before in a standard home. In today’s world, you don’t have to be part of the rich and famous to have a smart home with amenities at the touch of a button. I wanted to share highlights of a recent PCMag.com article sharing the “best of the best” smart home features trending this year.
What exactly is a “Smart Home”? The term smart home simply means homeowners can connect many of their standard amenities and devices to the internet. This goes beyond just computers and phones, also encompassing clocks, door bells, lights, window blinds, and home entertainment systems. Did you forget to lock your door before leaving? Certain smart homes will let you know and even lock it for you. When devices are communicating together and working together, sending information as well as receiving it, it’s often referred to as the “Internet of Things”, or IOT. Essentially, a smart home is one that is automated, giving homeowners the ability to control items around the house with a touch of a button or voice command. Different levels of automation have different cost levels, so it all depends on what you want and what you can afford.
Hubs and Controllers. Alexa is a voice assistant available at Amazon, compatible with a Bluetooth speaker called Echo. Alexa works with smartphone devices and with some thought, you can use Alexa to control most of the gadgets in your house just with the sound of your voice. Tie in the Echo Dot, it will add to the Alexa functionality. Echo Show even offers a touch screen.
Wink Hub 2. The PCMag editor’s choice goes to Wink Hub 2, a home automation system that works with Z-Wave, ZigBee, Lutron Clear Connect, Kidde, Bluetooth and Wi-Fi. Looking towards the future of home automation, it is also compatible with Philips Hue Lighting and the Netgear Arlo camera and Google Home. The editors believe this system to be one of the most reliable, widely supported hubs tested.
Logitech Harmony Elite. This home automation device controls things the “old-fashioned way”- with buttons. The Logitech Harmony Elite is like a universal remote, but offering oh so much more! You can connect more than just a stereo system and TV – it will also work with infrared devices in your home, ZigBee, Bluetooth or Wi-Fi.
Surveillance Cameras. Today, there are wireless, weatherproof and easy to install surveillance cameras that can keep your home and belongings secure. One camera, the Netgear Arlo Pro, offers two-way audio and sound-triggering recording. With wireless features, there’s flexibility in where to place the camera. If you’re interested in indoor security cameras that keep an eye on your home while you’re away, the LG Smart Security Wireless Camera may be ideal. You get 24/7 monitoring via ADT’s Canopy service with no contract. A smaller option is the Tend Secure Lynx Indoor, a small home surveillance camera delivering video in color, clear night vision and two-way audio. It even offers facial recognition technology. At the $60 price tag, this is one of the more affordable home surveillance cameras.
Locks and Home Security Systems. Apple HomeKit enabled Smart Lock, available at Amazon, mounts over your existing deadbolt to provide connectivity to your door. It also uses Bluetooth to your smartphone, making it easy to access for you or your guests. ADT also offers the ADT Pulse, with 24/7 monitoring and customer service support. It’s the most robust, full-service home security system tested and can be tied in with other automation platforms. The Abode Home Security Starter Kit is ideal for the do-it-yourself crowd, easy to install and can be paired with dozens of Z-Wave and ZigBee smart home products. It also supports the Alexa products. With the Abode, you can monitor lights, locks, and more.
Heating and Cooling. As a homeowner, one of the biggest expenses we have is our heating and cooling (HVAC). Protect your investment with a Nest Learning Thermostat. With Nest, you get built-in Wi-Fi with geo-fencing support and a furnace monitor. It’s never been easier to control your home’s temperature from afar. The Ecobee3 Smart WiFi Thermostat is another thermostat you can control remotely. It also monitors multiple sensors in various rooms of the home to make sure your system is working efficiently.
Sci-Fi Cooking. Want to cook some ribs this fall in the backyard, but can’t get off work in time? Check out the Char-Broil Digital Electric Smoker, a grill that you can control remotely using apps for iOS or Android. The app will tell you when the food is ready. Another smart oven, the June Intelligent Oven, has high-tech features that are mind-blowing. Wi-Fi, a camera, and artificial intelligence that lets you weigh, monitor and cook just about anything with little input, turning your kitchen into a home of the future!
No matter what type of home you are in the market to buy or sell, as a licensed Realtor® it’s my goal to help individuals and families during the entire real estate process. I know about the hottest trends, from popular paint colors to high-tech amenities. Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.