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Residential Real Estate Archives

Tips for selling small homes

Tiny homes have become popular in California and throughout much of America. Generally speaking, these homes offer about 400 square feet of living space, and they are designed for those who are seeking a minimalist lifestyle. While they may be attractive to their current owners, tiny homes can be difficult to sell. This is partially because they won't be included on the multiple listing service, or MLS, which means that sellers have to reach out to buyers directly.

Buyers may not know that their homes are haunted

If California homeowners believe that their homes are haunted, they may not share that belief with potential buyers. A poll from Realtor.com found that 60% of those who purchased an allegedly haunted house didn't know about its haunted status prior to doing so. The poll also found that home buyers weren't necessarily concerned about living in a haunted house or living next to a house that neighbors thought was haunted.

How the economy impacts real estate

California residents may have heard predictions of an upcoming economic slowdown. However, there is no way to tell when the economy may start to slow, and there are many signs that the economic conditions may remain strong through 2020. Regardless of what the economy does, real estate professionals say that the housing market has upside to it. This is partially because there is a lack of homes available to buy today, which means that more will need to be built.

Tips for selling a home in less time

Selling a home can be an effective way for property owners in California or elsewhere to cash out equity that has accrued in them. Generally speaking, homeowners want to sell their homes as quickly as possible, and there are many different ways that they can accomplish that goal. The first tip is to hire a professional to take photos of the home in an effort to make a good first impression on a buyer.

How to make a home more appealing to buyers

Ideally, homes in California will be sold the same week that they are listed. If this doesn't happen, homeowners may need to work with their real estate agents to come up with a new strategy. It's important to listen to what the agent has to say as he or she will have extensive knowledge of the neighborhood and market conditions in general. Therefore, this person will likely know how to price or market the home to move it as quickly as possible.

Getting started in the real estate market

Home buyers in California have many things to consider when preparing to purchase their first home and enter the housing market. There are a number of major decisions as well as a huge financial commitment involved in a purchase of this type. Home shopping can be exciting but also stressful, and many people are concerned about potentially making the wrong decisions. There are some steps that people can take to help make their home-buying process better and more productive for everyone involved.

Why now can be a good time to buy a home

There are many benefits to owning a home in California or anywhere else in the United States. For instance, it is possible for a person to build equity in an asset while also potentially reducing his or her income tax bill. Despite these benefits, many Americans choose to rent a property instead of purchasing one. In some cases, their reasons may not hold up to scrutiny.

More young adults buying homes

A growing number of young people in California are deciding to buy a home. For the past five years, millennials have represented the largest percentage of people opting to purchase homes. In 2018, 36% of real estate purchases were made by millennials. Various studies have noted that young adults are entering the property market later than their parents with many choosing to rent or live with their parents. Housing affordability and economic concerns have been a major factor for many young people, especially those living in or near major cities. Many have noted that purchasing real estate may be less of a priority than it was for earlier generations.

Profiting in the home real estate market is all about timing

Home ownership is a foundational pillar of the ideal of living the American dream. As a practical matter, the introduction of the 30-year mortgage during the Depression Era made the dream a more realistic possibility for the average California resident, and home ownership boomed after World War II and continues expanding through this day. It was once more common for homeowners to stay in one home for longer periods, but society is now more mobile, and many people trade-up homes to cash in on increasing prices. However, there are some considerations about the timing of when and under what circumstances residential real estate should be sold to maximize profitability.

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L. Scott Karlin

L. Scott Karlin

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David E. Karlin

David E. Karlin

David E. Karlin is a California attorney with a primary focus on business and real estate, including law and legal issues...

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Michael J. Karlin

Michael J. Karlin

Michael J. Karlin is a Southern California based attorney whose practice primarily focuses on Entertainment Law. Michael began...

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