Tami Savage, Realtor

Florida Real Estate

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]

By Tami Savage

Selling your house is the right move, right now. Demand from homebuyers has skyrocketed this year. Compared to this time last year, home showings are up 62%. And the number of homes for sale is down 38%. High demand means sellers are poised to win big. Higher sale prices: compared to this time last year, the average existing home price is up 15%. That's an average increase of $40,300 in one year. Faster Sales: In September, the average house was on the market for 21 days. Sellers are in the driver's seat: More bidding wars, you pick the best offer, and negotiate terms that work for you. This demand won't last forever. Waiting until spring to sell your house means buyers will have more choices, so your home may not stand out from the crowd next year. Now is the time to make a move on your terms. Sources: ShowingTime, Realtor.com, NAR.

Some Highlights

  • Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though.
  • With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may not stand out from the crowd.
  • Let’s connect today to discuss why now may be the right time to make a move on your terms.

How to Prepare for a Bidding War [INFOGRAPHIC]

By Tami Savage

How to Prepare for a Bidding War. 55% of August 2020 home sales resulted in a bidding war. AND 69% of homes sold were on the market for less than a month. With so few houses available today, competition is heating up among homebuyers. Be ready for a bidding war with these 3 tips. (1) Get Pre-Approved. A mortgage pre-approval shows that a loan officer has reviewed your finances and determined your ability to get a home loan. Pro Tip: Only 44% of today's propsective homebuyers plan to apply for pre-approval when beginning their home search. Pre-approval helps you stand out as a qualified buyer. (2) Know What You Can Afford. Be prepared to cover mortgage expenses beyond your mortgage, like general upkeep, utitilities, and other unexpected repairs. Pro Tip: Getting serious about your budget now means you'll have more money for a down payment and a clear idea on your maximum offer price. (3) Make Your Best Offer. On average, there were over 3 offers for every home sold in August. If your offer isn't competitive, it probably won't be considered. Pro Tip: Your real estate agent can help you determine what factors might make your offer more enticing, like: Flexible Move-in Dates, A Competitive Offer Price, or Minimal Contingencies. Being prepared means you'll be able to move quickly and confidently in today's competitve market. Sources: NASDAQ, National Association of Realtors, Bank of America, Realtor.com

Some Highlights

  • With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers.
  • From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home.
  • Let’s connect today to be sure you have the guidance you need as the competition for homes heats up this season.

Thinking of Moving? [INFOGRAPHIC]

By Tami Savage

Thinking of Moving? If you're ready to sell your house but you're worried about finding one to move into, why not invest in a brand-new home built just for you? Consider: Optimal floor plans, Ideal location, Tailored details, and its brand new! Newly built homes fit your changing needs with ... Thoughtful floor plans (like home gym, pool, multi-purpose/bonus room, home office, primary bedroom with ensuite bathroom), convenient neighborhoods (like parks, outdoor restaurants, exercise paths, lagoon, high-speed Wi-Fi), custom features (like smart home panels, energy star appliances, central air conditioning, heated floors & driveways, high ceilings, cabinet lighting, custom shelving, solar panels). If you're thinking of making a move, let's connect to see if a newly built home is exactly what you need. Source: Zillow, Moving.com, Realtor Magazine.

Some Highlights

  • If you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you?
  • New construction is on the rise, so it’s a great time to think about a custom home to fit your family’s changing needs.
  • Let’s connect today to discuss how to sell your house while buyer demand is high and find you a new home to call your own while you’re at it.

Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]

By Tami Savage

Rising Home Equity can power your next move. Across the country, today's homewoners are gaining signiicant equity. $9,800 is the Average equity gained by homeowners over the past year. $620 billion is the total year-over-year euqity gain by U.S. homeowners. 6.6% is the year-over-year percentage increase in total home equity. Home Equity is growing in every state. in Florida we've seen a $10,000 increase. If you've been considering making a move, it's a great time to pay that equity forward toward your next home purchase. You may be able to afford your dream home sooner rahter than later. Based on U.S. Homewoners with mortgages (roughly 63% of all properties). Source: CoreLogic / Q2 Data

Some Highlights

  • According to CoreLogic, homeowners across the country are gaining significant equity.
  • Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.
  • If you’re ready to sell your house and begin looking for your dream home, let’s connect to plan how your equity can make that possible.

Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]

By Tami Savage

Why pricing your home right matters this fall. Under market value means lost value, decreased buying power, and deters potential buyers because they think something is wrong. Over market value means it sits on the market longer, price drops can send the wrong message, and deters potential buyers becuase it is priced too high.

Some Highlights

  • As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true.
  • To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start.
  • Let’s connect today to make sure you have the guidance you need to price your home right this fall.

Homes Across the Country Are Selling Fast [INFOGRAPHIC]

By Tami Savage

Homes across the country are selling fast. Today's buyers are actively searching for homes and they're purchasing them at a record-breaking pace. It's a great time to sell your house and make a move while buyers are scooping homes up faster than they're coming to market. 68% of homes were on the market for less than a month in July. Homes are moving from listing day to pending sale in an average of just 22 days. All states have an average of 15-30 days on the market EXCEPT Nebraska and Rhode Island are at 15 or less days, Alaska, Lousianna, and Mississippi are 31-45 days, and North Dakota is 76-100 days. Source: NAR REALTORS Confidence Index

Some Highlights

  • Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month.
  • With homes moving from listing day to pending sale in an average of just 22 days, it’s a great time to sell a house.
  • Let’s connect today so you can make your move while buyers are scooping homes up faster than they’re coming to market.

Let’s Connect

727-282-4390 (mobile)

Let me help you buy or sell your next home!

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Equal Opportunity Housing   Realtor Stellar MLS