New Review

"

Steve is not a good agent. Steve is not a great agent. Steve is the BEST agent. We looked at houses every Sunday for about 3 months. He would add in extra houses just make sure we didn't waste a single minute. He knows all of the neighborhoods and their history. Steve is very patient, especially with these market conditions. I never felt pressured to put in an offer on a house or judged when we we looked at 10-15 houses in a day and I wasn't impressed by any of them. When it comes to negotiating, he has your back. He knows when it is a good idea to waive inspection and appraisal and when it's not. In my case, even in this market, we were able to get under contract with inspection and appraisal! It didn't really feel like a business transaction but someone who really cares about getting you into your next home."

Nadim K

Which Generation buys the most expensive homes?

March 23, 2022

Millennials comprise 43% of home buyers—the highest of any generation in the current market. Their numbers in real estate are growing, as last year, they comprised 37% of buyers. Millennials—consumers between the ages of 23 to 41 years old—are the most likely generation to use the internet to find a home they ultimately purchase as well as the most likely to use a real estate agent, according to a new study released by the National Association of REALTORS®, The 2022 Home Buyer and Seller Generational Trends report. “Some young adults have used the pandemic to their financial advantage by paying down debt and cutting the cost of rent by moving in with the family,” says Jessica Lautz, NAR’s vice president of demographics and behavioral insights. “They are now jumping headfirst into homeownership. While young buyers use new tech tools, they also use real estate agents at higher rates than other buyers to help find the right home and negotiate the terms of the transaction.” While millennials may be in the housing market in higher numbers, Generation X is buying the most expensive homes. Buyers in that group purchased homes at a median price of $320,000. That was higher than younger millennials (between the ages of 23 to 31), at a median of $250,000, and older millennials (ages 32 to 41), at $315,000. Baby boomers between the ages of 57 to 66 purchased homes at a median price of $301,000, while those between the ages of 67 to 75 purchased homes at a median of $295,000, according to NAR’s data. Regardless of age, buyers from all generations are relying on real estate professionals for help. The most common reasons for using an agent were wanting help in finding the right home to purchase and negotiating the terms of the sale and the price. Younger millennials (between the ages of 23 to 31) and members of the silent generation (those between the ages of 76 and 96) were the most likely to say they also want an agent to help them with the paperwork. Read more from NAR’s The 2022 Home Buyer and Seller Generational Trends report.

https://magazine.realtor/daily-news/2022/03/23/millennials-making-up-larger-share-of-buyers

Selling this year? The winter is the perfect time to get started on the list!

Here's my list of "To Do's, Updates and Repairs to prep for selling.

Finish Projects that you started! Oh yeah, those! Ugh!

Re-paint!

Clean/Replace flooring

New Light Fixtures - Dated is dated, new pops and easy way to make home look trendy! And replace fans with modern lighting.

Swap out Hardware - Door. knobs, handles, switches

Install New Vanities - Bathrooms and Kitchens are your biggest return on investments so spend your money wisely!

Re-Caulk - Remove old and re-caulk showers/baths and sinks - just don't make it sloppy when you re-caulk!

Light Bulb - Don't mix and match the bulbs, and make sure all bulbs work. Its so important for showings.

Water Leaks - Honey Badger has no time for leaks or what appears to be leaks. Have them addressed now and also repaint any old dry stained leaks.

Power Wash exterior and Sidewalks

Declutter - Less is the best - especially in kitchen - goal: nothing on counters!

Closets - Less is more in closets and make sure nothing is on the floor except shoes.

Clean the whole House - You can do it! Make it look nice and clean!

Remove all Personal Items - Photos! Sorry, but you can live without them for 2 months - buyers do not want to see you - they want to see themselves in this home.

Declutter: I already said this, but I wanted to say it again - DECLUTTER! especially in kitchen and bathrooms! Nothing should be on the counters....ok,maybe a coffer maker! You can live like this for a month or 2 prior to selling!

Just a friendly reminder. Don't stress, we have a handyman to do a lot of your repairs/udpates...Property Lion! They are only available to River Fox Realty clients, so connect with me even if you're far out from your target selling date. Our #1 goal is to take your to-do list and make it OURS!

Reach out to me, I have a proven marketing strategy and my clients love the results! List it with a FOX!