Tag Archives: Remodeling

One Cool Thing — Millennials Under Pressure

Millennials are under pressure because: Housing prices are going up, wages are down, the cost of raising a family have gone up and many millennials are saddled with student loans.

Is the hope of attaining the dream of owning a home lost???

Only time will tell. 
Millennials_Under_Pressure

Start building your memories,
as you turn your house into a home. 

As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office.  I hope it has been of value to you.  Don’t hesitate to email us with any suggestions that will make this document better for you and your fellow homeowners!

Be sure to follow us on Facebook at www.Facebook.com/ElkGroveRealEstate.  For information about properties available for sale and for more information for buyers and sellers, please visit our website at www.ElkGroveRealEstate.com and don’t hesitate to give us a call or drop us an email with your questions.

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it: Jack Edwards, your real estate advocate, specializes in helping buyers and sellers in Elk Grove, CA,  and the greater Sacramento area.   Get information about available homes online at:  www.ElkGroveRealEstate.comOur mobile clients can find us at Mobile.ElkGroveRealEstate.com  BRE License # 01331087

 

©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned by a Subsidiary of NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. CalBRE License #01908304

Realty Check — Tips for Buyers in a Hot Seller’s Market

 

Tips for Homebuyers in a Hot Seller’s Market

This may be a really good time to be in the housing market – if you are a seller, that is. There just aren’t enough homes on the market, so if you are selling right now, you may find yourself in a more favorable position. Multiple offers and bids over list price for some properties aren’t unusual these days.

But what if you’re a buyer – one of many out there in the trenches looking right now? With lots of competition from other buyers, how do you “survive” the house-hunting wars and, hopefully, land that home you’re after? While there are no guaranteed ways to succeed, here are a number of tips to help increase your chances of getting into a home of your own before long:

  • Work with a real estate professional. There’s a myth among some novice homebuyers that it’s only the sellers who need a real estate professional. But that couldn’t be further from the truth, especially in a seller’s market. Having someone who knows the local market well, has experience in evaluating homes, knows how to successfully negotiate, and will be your advocate through the entire process from start to finish, is important. Take the time to interview several real estate professionals so that you can select the person that you believe is the most qualified to help you through the home buying process.
  • Get prequalified for a mortgage. Getting prequalified lets you know how much home you can afford and it also shows sellers that you’re a serious buyer who is much more likely to be able to close escrow.
  • Do your research. Although your real estate professional will provide lots of help in your home search, it’s important to do a little homework on your own up front. It will help the home-buying process if you know which areas you’d like to live in, what you can realistically afford, the type and size of home you’re after, the features you’d like, etc. Nearly all buyers start their search online, and a great place to begin is ColdwellBankerHomes.com.
  • Be prepared to compromise. Everyone wants that big, gorgeous home in the best neighborhood but you may have to compromise a bit – especially when the market is competitive. This doesn’t mean settling for a home you dislike; it just means going after homes with the features that you reallyneed rather than what you simply want. For example, if your preference is to be in a community with great schools you might take a smaller home, or perhaps one without a pool or a formal living room. Or you might decide to commute a little longer to work so as to find the right house at the right price.
  • Make a strong offer. Work with your real estate professional to put together a strong offer for the home you’re after. You may also want to work with the seller on closing date and contingencies. Sellers often have their own preferences regarding when to close and if you’re flexible that may help put you in a better position as a buyer.
  • Don’t wait too long. In a competitive real estate market, time is of the essence. If you spend too long making an offer on a home you like, it can give another buyer a chance to come in first with a strong offer. Sellers are usually motivated and want to act as quickly as possible. So when you find the right property, don’t waste time.
  • Connect with the seller. If two offers are close, it may help your chances to try to personally connect with the seller. We’re not talking about become their BFF. Consider writing a sincere letter explaining how much you love their home including your hopes and dreams about living there one day – holiday gatherings, cooking meals together in the kitchen, or having barbecues in the yard with friends. Anything that helps personalize you and your offer may make a difference.

Although a seller’s market can be challenging for homebuyers, there are still opportunities out there for qualified buyers.


Start building your memories,
as you turn your house into a home. 

As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office.  I hope it has been of value to you.  Don’t hesitate to email us with any suggestions that will make this document better for you and your fellow homeowners!

Be sure to follow us on Facebook at www.Facebook.com/ElkGroveRealEstate.  For information about properties available for sale and for more information for buyers and sellers, please visit our website at www.ElkGroveRealEstate.com and don’t hesitate to give us a call or drop us an email with your questions.

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it: Jack Edwards, your real estate advocate, specializes in helping buyers and sellers in Elk Grove, CA,  and the greater Sacramento area.   Get information about available homes online at:  www.ElkGroveRealEstate.comOur mobile clients can find us at Mobile.ElkGroveRealEstate.com  BRE License # 01331087

 

©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned by a Subsidiary of NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. CalBRE License #01908304

One Cool Thing — The Old Rules Don’t Apply

TheOldRulesDontApply
Start building your memories,
as you turn your house into a home. 

As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office.  I hope it has been of value to you.  Don’t hesitate to email us with any suggestions that will make this document better for you and your fellow homeowners!

Be sure to follow us on Facebook at www.Facebook.com/ElkGroveRealEstate.  For information about properties available for sale and for more information for buyers and sellers, please visit our website at www.ElkGroveRealEstate.com and don’t hesitate to give us a call or drop us an email with your questions.

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it: Jack Edwards, your real estate advocate, specializes in helping buyers and sellers in Elk Grove, CA,  and the greater Sacramento area.   Get information about available homes online at:  www.ElkGroveRealEstate.comOur mobile clients can find us at Mobile.ElkGroveRealEstate.com  BRE License # 01331087

 

©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned by a Subsidiary of NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. CalBRE License #01908304

February Realty Check | Smart Homes Growing in Popularity

Smart Home Technology Catching on with Consumers

It wasn’t too many years ago that smart-home technology was thought to be the stuff of the Jetsons – sci-fi products that we might see some day in the far distant future. Well, the future is now. And the trend could have widespread implications for those people thinking about selling their home this year or shopping for a new home themselves.

Smart home products are quickly catching on with consumers, everything from remote controlled thermostats and lighting to home monitoring cameras and security systems to advanced entertainment systems and even refrigerators that let you see what’s inside without opening the door – and then ordering groceries right from the door itself!

The Coldwell Banker® Smart Home Marketplace Survey, which polled more than 4,000 Americans in advance of last month’s big Consumer Electronics Show in Las Vegas, found that just under half (45 percent) of all Americans either own smart home technology or plan to invest in it in 2016, while eight out of 10 consumers using smart home products said they would be more likely to buy a home if smart technology was already installed.

“From the living room to the yard, consumers are embracing smart home technology,” said Lindsey Turrentine, editor-in-chief of CNET.com, which is partnering with Coldwell Banker on a smart home test in Kentucky. “This market will continue to develop as the technology becomes even more mainstream. This innovation has made its way into homes faster than many expected, and that once a homeowner tries a connected device, that person is ready to experiment with more smart products.”

According to the Consumer Technology Association, smart home technology represents a $1.2 billion market this year, up 20 percent from year a year ago.

“The connected home is here, and its influence on everything from home pricing to curb appeal to how we move through our daily lives is transforming right before our eyes,” said Coldwell Banker Chief Marketing Officer Sean Blankenship.

The Coldwell Banker survey confirms that many of today’s buyers are expecting smart home features when they shop for a home. Consumers are seeing the convenience and benefits of products such as automated lighting and temperature control, understanding how this technology makes the home more comfortable, convenient and energy-efficient. And with more buyers favoring homes with smart features, the survey found more sellers say they plan to upgrade their home with smart home products.

CNET and Coldwell Banker are partnering on a test smart home in Kentucky, a “living laboratory” where its editorial team will explore how smart home products behave, interact and test in everyday environments.

But homeowners don’t have to wait for the findings of those tests to learn what type of smart products consumers favor. Here are some of today’s most popular smart home devices as determined by the recent Coldwell Banker survey:

  • Entertainment systems. The most popular type of smart home technology that people already own is smart entertainment, such as smart TVs and speaker systems, according to the Coldwell Banker survey. Some 44 percent of people surveyed already have these devices in their home.
  • Home security systems. The next most popular type of smart home technology that people currently have installed in their home according to the survey is smart home security (31 percent). In addition to traditional systems, these may include video monitors inside and outside the house that you can view on a smart phone from anywhere you happen to be.
  • Smart temperature controls. According to the Coldwell Banker survey, 30 percent of consumers polled already have devices like smart thermostats. These smart devices can be programmed remotely via your computer or mobile device so that the temperature is just right when you get home. And many quickly learn your habits so they will soon be able to turn themselves up or down at just the right time and just the right amount, based on what you’ve done in the past. Some related products on the market now include water and humidity monitors to alert you to any leaks in your house while you’re away.

So as you can see, the smart home of the future is already here today.


Start building your memories,
as you turn your house into a home. 

As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office.  I hope it has been of value to you.  Don’t hesitate to email us with any suggestions that will make this document better for you and your fellow homeowners!

Be sure to follow us on Facebook at www.Facebook.com/ElkGroveRealEstate.  For information about properties available for sale and for more information for buyers and sellers, please visit our website at www.ElkGroveRealEstate.com and don’t hesitate to give us a call or drop us an email with your questions.

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it: Jack Edwards, your real estate advocate, specializes in helping buyers and sellers in Elk Grove, CA,  and the greater Sacramento area.   Get information about available homes online at:  www.ElkGroveRealEstate.comOur mobile clients can find us at Mobile.ElkGroveRealEstate.com  BRE License # 01331087

 

©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned by a Subsidiary of NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. CalBRE License #01908304

One Cool Thing — Technology vs. Community

TechnologyvsCommunity
Start building your memories,
as you turn your house into a home. 

As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office.  I hope it has been of value to you.  Don’t hesitate to email us with any suggestions that will make this document better for you and your fellow homeowners!

Be sure to follow us on Facebook at www.Facebook.com/ElkGroveRealEstate.  For information about properties available for sale and for more information for buyers and sellers, please visit our website at www.ElkGroveRealEstate.com and don’t hesitate to give us a call or drop us an email with your questions.

WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it: Jack Edwards, your real estate advocate, specializes in helping buyers and sellers in Elk Grove, CA,  and the greater Sacramento area.   Get information about available homes online at:  www.ElkGroveRealEstate.comOur mobile clients can find us at Mobile.ElkGroveRealEstate.com  BRE License # 01331087

 

©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned by a Subsidiary of NRT LLC. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. CalBRE License #01908304