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Seller Market | Barbara's Corner Blog

Thursday, September 22, 2022   /   by Barbara Oleska

Will My House Still Sell in Today’s Market?

Yes, our market has cooled reflecting rising interest rates, rising insurance costs, and a general freak out that we will have a recession. That said, with my Power Advantage System you can count on smooth sailing! (Possibly a couple squalls, but I can fix that!)















Will My House Still Sell in Today’s Market?

 
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.
Buyer Demand Then and Now
During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime&nbs ...

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  florida real estate, south florida real estate, how do i sell my home, seller market

Thursday, September 8, 2022   /   by Barbara Oleska

My Fall Seller's Guide

Everybody has questions. Market crash? Recession? What does it mean?If you’re thinking about selling your house, please click on Fall guide below to download. While the market has cooled, that also means you’ll have more negotiating power when you buy. It all works out, right?If you’re thinking and wondering about selling, give me a call and we’ll discuss your property in our local market. ...

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  florida real estate, boca raton real estate, boca raton realtor, south florida real estate, south florida realtor, how do i sell my home, seller market

Thursday, August 18, 2022   /   by Barbara Oleska

Selling Your House? Your Asking Price Matters More Now Than Ever

Below is an article I'm sharing about national trends; however, what matters most is our local market. While Florida remains in demand we are seeing a slowdown in activity and an increase in listings. Keep in mind that within the last few months mortgage payments have almost doubled and as we all know homeowners insurance is wicked. Affordability has become an issue. Homes are still selling, of course, but the days of aspirational pricing are behind us. You may have seen news headlines like "Home Sellers are Slashing Prices". No. What is happening is sellers are having to reduce prices to come in line with the actual market value. Buyers, if you're waiting for a crash, it's unlikely to happen and, in fact, experts expect prices to continue to appreciate, albeit more slowly. Deciding when to buy a house is based on if it makes sense for you. For buyers the market has improved providing more inventory, time to think, and opportunity to negotiate. If you're thinking about buying, or . ...

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  florida real estate, boca raton real estate, boca raton realtor, south florida real estate, how do i sell my home, seller market, south florida realtor

Thursday, February 17, 2022   /   by Barbara Oleska

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

 If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why.
Demand Is Very Strong
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), 6.18 million homes were sold in 2021. This was the largest number of home sales in 15 years. Lawrence Yun, Chief Economist for NAR, explains:
“Sales for the entire year finished strong, reaching the highest annual level since 2006. . . . With mortgage rates expected to rise in 2022, it's likely that a portion of December buyers were intent on avoiding the inevitable rate increases.”
Demand isn’t expected to weaken this year, either. In addition, the Mortgage Finance Forecast, pu ...

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  florida real estate, boca raton real estate, boca raton residential real estate, seller market, residential real estate, south florida real estate, south florida realtor

Thursday, February 10, 2022   /   by Barbara Oleska

My Home Buying & Selling Program

So many of you have told me that you'd love to move, but there are a number of problems in securing your new home if you need the equity from your current home or don't want to carry two mortgages, yet don't want to miss out by selling through an iBuyer with a below market sale. Buyers who can pay cash once they sell their home face many of the same challenges if they need the cash to close on their new home.
Generally, your options are:

Buy your next home without first selling your current home OR
You find a home you like, then make an offer that is contingent on the sale of your current home (in this market, forget it!) OR
You can sell your current home first, move into interim housing while you find the right new home to purchase (and rents are CRAZY high right now)
Challenges with current options:
In the first scenario, you’ll need to have enough savings for a down payment, qualify for two mortgages simultaneously, and carry both mortgages for some period of time. Thi5 ...

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  florida real estate, boca raton real estate, boca raton residential real estate, find a realtor in boca raton, boca raton realtor, how do i sell my home, seller market, residential real estate, south florida real estate