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Home Seller | Solari Group Real Estate News Blog

Friday, September 24, 2021   /   by Nicole Solari

It’s Still a Sellers’ Market

Some Highlights

Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell.
Sellers, don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market. ...

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  real estate, the solari group, level up realty, home ownership, homes for sale, realtor, selling, for sellers, housing market updates, solano county, napa valley, infographics, market trends, for sale, home seller

Wednesday, September 23, 2020   /   by Nicole Solari

Seven things first-time sellers should know in 2020

Price, condition, location, appearance and financing remain major drivers for home buyers everywhere. But, required amenities and how buyers pinpoint, “tour,” and purchase the homes they find desirable has changed significantly -- and maybe permanently -- this year.

In response to COVID, home offices, more space, well equipped kitchens, bigger backyards, workout rooms, even Zoom studios have moved onto the must-have list for many buyers. Sellers must also recognize that today’s buyers are not just ok with technology. They use it for everything.

Consequently:

1.     Sellers have to get real fast.

While selling can be very emotional for homeowners, today’s sellers must be willing to set their emotions aside and approach a home sale as the business transaction it is. If they’re in a slow market or natural disaster zone, taking a wait-and-see approach could be the smart move. If they must sell as-is now, they will have to be a. ...

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  real estate, realtor, selling, solari team, solari group, level up realty, selling tips, for sale, home seller, home sales, home selling, selling your home

Wednesday, September 23, 2020   /   by Nicole Solari

Home Builder Confidence Hits All-Time Record

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of prospective buyers of new homes.

As the following chart shows, confidence dropped dramatically when stay-in-place orders were originally mandated earlier this year. Since then, it has soared back.Looking at the three-month moving averages for HMI scores, confidence increased in every region of the country:


The Northeast increased 11 points to 76



The Midwest jumped 9 points to 72



The South rose 8 points to 79



The West increased 7 points to 85


Confidence Is Validated by the Numbers

This confidence is definitely warranted. According to a recent NAHB report, single-family housing starts increased 4.. ...

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  real estate, selling, the solari group, level up realty, real estate market, home seller, new construction, housing market updates, move-up buyers

Saturday, February 1, 2020   /   by Nicole Solari

Should I Sell My House This Year?

If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a possible recession, the upcoming 2020 election, and more, Americans feel good about selling a house now. That’s some news to get excited about!

As the graph below shows, as of Q4 2019, 75% of people surveyed indicate they believe now is a good time to sell a home:In the case of those with a yearly salary of $100,000 or more, the results jumped even higher, coming in at an 82% positive sentiment.

When the study divided the outcomes by region, the results still consistently showed Americans feeling good about selling:


No ...

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  real estate, home ownership, homebuyers, homes for sale, buying, real estate agent, realtor, selling, finances, first time home buyer, real estate team, solano county, napa valley, the solari group, market update, home buyer tips, market trends, selling tips, level up realty, housing market, home seller, level up

Tuesday, January 28, 2020   /   by Nicole Solari

Cost vs. Value: 2020 Home Improvement Projects With the Highest ROI

Curb appeal really does have a major impact on the return you'll see at resale. Among the top 10 home improvement projects with the highest return on investment (ROI) in Remodeling magazine's newly-released Cost vs. Value Report, nine are outdoor projects.
Related: 4 Resolutions for Home Improvements to Make in 2020
Topping this year's list is Manufactured Stone Veneer, a project that has consistently ranked toward the top of the list since the project was added to the report in 2015.
Unsurprisingly, the report shows an increase in cost for all 22 projects listed; however, there is also a consistent dip across the board in terms of what the perceived value of each of these projects is. This is likely due to a market that was anything but smooth in 2019.

"Why the difference? The most likely answer is consumer jitters," says Clay DeKorne, chief editor of the JLC Group, which includes Remodeling magazine. "While remodeling professionals need to stay on point, they c. ...

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  real estate, homes for sale, real estate agent, realtor, selling, upgrades, real estate team, repairs, home price, solano county, napa valley, the solari group, selling tips, level up realty, diy, renovation, home seller