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For Sale By Owner | Solari Group Real Estate News Blog

Thursday, January 2, 2020   /   by Nicole Solari

Seniors Should Ask Themselves These Questions Before Downsizing

Seniors Should Ask Themselves These Questions Before Downsizing

 

Downsizing a home can be freeing for many seniors. With a smaller home comes less responsibility and fewer expenses. But before seniors can begin enjoying these perks, they need to decide what to do with their current home. If you are downsizing your home, asking yourself these questions can help you make the best decision for you and for your home.

 

Do You Know How Much Home You Can Afford?

 

Whether you are selling your home to pay for the new one or funding your home purchase another way, figuring out affordable home options is important. To do this, you will need to determine how much you will need for a down payment, as well as how much you can put towards housing expenses each month. Carefully calculating these expenses will encourage you to set a reasonable budget for your smaller home and prevent you from purchasing more home than you can actually afford in retirement. In settingg ...

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  real estate, homes for sale, real estate agent, realtor, selling, real estate team, solano county, napa valley, the solari group, selling tips, level up realty, home seller, for sale by owner

Thursday, August 23, 2018   /   by Nicole Solari

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report:


There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros



About 14% of all listings had a price cut in June



Since the beginning of the year, the share of listings with a price cut increased 1.2%



This is the greatest January-to-June increase ever reported, and more than double the January-to-June increase last year


Senior Economist Aaron Terrazas further explained:


“A rising share of on-market listings are seeing price cuts, though these price cuts are concentrated at the most expensive price-points and primarily in markets that have seen outsized price gains in recent years.”

What this DOESN’T MEAN for the real estate market…

This doesn’t mean home values have depreciated or are about to depreciate. ...

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  real estate, home ownership, homebuyers, real estate agent, homes for sale, buying, selling, home inspection, property taxes, escrow, selling tips, solano county, solari group, staging, for sale by owner

Tuesday, December 26, 2017   /   by Hayley Baker

Top 5 Reasons You Shouldn't FSBO

TOP 5 REASONS YOU SHOULDN’T FSBO





In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers

Recent studies have shown that 95% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the home they actually purchased?


49% on the internet



31% from a Real Estate Agent



7% from a yard sign



1% from newspapers


The days of selling your house by just putting up a sign and putting it in the paper are lon ...

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  real estate, home ownership, homes for sale, selling, moving, for sale, for sale by owner