selling your home

What’s Motivating People to Move

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There are a variety of different reasons why Americans are moving this year. The health crisis has truly reshaped people’s lifestyles and needs. Many folks are spending so much more time in their homes and it has made them reconsider what homeownership truly means to them.

The COVID-19 pandemic has been a major influence on consumers moves in 2020 and 2021. Whether it because they wanted to be closer to family, change in employment status or a desire for a change in lifestyle.

Remote work has become the new norm. For some, its lasting much longer than initially anticipated. Maybe your current home isn’t optimally designed for a make shift home office and it is creating a challenging working environment. Many of the current workforce is discovering that they don’t need to live so close to the office anymore and they aren’t making that daily commute. Many consumers are realizing that they can get a little more for their money if they move further away from the city.

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Your Time is Money

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When it comes to Selling a House; your time is money.

Selling a home is no small task, especially if you decide to try to do it on your own. There are several steps in a real estate transaction that are required to get to a closing. Keep in mind, you’ll be responsible for all the expert-level work of a real estate professional such as pricing your home, listing and marketing your home, legal documentation, staging decisions and safely arranging showings and open houses.

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Should you Renovate before Selling?

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Are you interested in selling, but unsure if you should remodel your home to make it more appealing to buyers?

Here are a few tips if you are interested in selling this season. According to theNational Association of Realtors (NAR),there is only about a 1.9 month’s supply of available listings on the market. Just to put that into perspective, a “normal” housing market typically has a 6-month supply of homes for sale. This market is resulting in high buyer competition and home are only on the market for an average of 21 days, during that time the seller many receive multiple offers from hopeful buyers.

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It’s a Sellers’ Market

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If you haven’t realized this by now, it truly is a Sellers’ Market. Now more than ever is a great time to sell property! Over the past year, home owners have gained an unprecedented opportunity to win big by selling in today’s housing market.

Here is a brief update on the current market. The State of New Hampshire has 1,206 Residential Listings (for the whole state). As of today, 2,594 Residential listings have closed year to date, with another 2,770 Under Agreement. This increase in demand coupled with such limited supply is leading to more bidding wars throughout the country. (Data from New England Real Estate Network).

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