Baltimore Real Estate Market is Poised for Modest Growth in 2019

July 15, 2019
Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

The National Association of Realtors has published an article illustrating a new economic forecast. According to expert economists and those who specialize in real estate, the market is expected to witness modest growth throughout the year. The commercial real estate sector is expected to grow faster than the residential real estate segment. This means homeowners who want to sell their properties will have more prospects but the process may still be as demanding as it has always been.

There are two major takeaways from the new economic forecast, says Evan Roberts. The owner of real estate investment company Dependable Homebuyers says that buyers are now more certain of their plans. There is greater predictability in employment opportunities and more people have managed to put their finances in order to make a buying decision. This enables homeowners who have been waiting to cash in on the equity of their properties to actually go out and capitalize on the same. The inventory of properties listed for sale is likely to expand. More buyers are expected to start searching for their dream house. Despite these positive developments, not all sellers may find it easy to find a genuinely interested buyer or subsequently a closing offer.

Modest growth has its limitations. The focus is going to be on new developments and residential properties that are in impeccable condition. The location too becomes a key factor when the property does not tick all the checkboxes for the buyers. Evan Roberts of the We Buy Houses company has a suggestion for sellers. He recommends staging properties for the propositions to be more enticing for buyers. Staging is a common exercise when real estate agents prepare to represent and promote a house. The process of staging is not very difficult but it should be planned and executed well. Here's a recent press release they published.

Staging is essentially about making a house look and feel better than it is. The whole process may be limited to de-cluttering and cleaning. Houses that have remained vacant or uninhabited for a while must have the lived-in feel so furniture may have to be moved in and some kind of décor should be set up. Houses that are in need of repairs and other types of home improvements should be paid greater attention to. Shortcomings in properties will not impress buyers, regardless of whether or not the residential real estate market is growing.

Evan Roberts says that homeowners may stage their properties with the help of professionals or they can do so themselves. Staging can be a do it yourself project, provided homeowners are familiar with the exercise. Staging often demands painting the house or some portions that look dated. Clever installations or minor upgrades can go a long way to improve the aesthetics and the feel of a property. The curb appeal is always crucial and it does not only influence the buyer to decide in favor of a house but also plays a role in determining the fair value. For more information about the company and the services they provide visit their website at https://about.me/baltimore.dependablehomebuyers.



SOURCE: Press Advantage [Link]

Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

About Dependable Homebuyers Baltimore:

Dependable Homebuyers is a local home buying company in Baltimore, MD. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (443) 266-6247 and we’ll provide you a cash offer within 24 hours.

Contact Dependable Homebuyers Baltimore:

Evan Roberts
1402 Belt St, Baltimore, MD 21230
(443) 266-6247

Social Media:

Additional News Releases From Dependable Homebuyers Baltimore:

August 26, 2019Evan Roberts says Baltimore Real Estate Market is Ripe for House Flipping in Baltimore

August 23, 2019We Buy Houses Company Dependable Homebuyers gets Featured on Investor Carrot

August 23, 2019Dependable Homebuyers-Baltimore Joins ActiveRain

August 22, 2019Residential Real Estate Sector in Baltimore Continues to Grow in 2019

August 21, 2019Real Estate Economists Recommend a Sustained Increase in New Home Construction in Baltimore

August 20, 2019Dependable Homebuyers Recommends Staging a Home to Sell it Quickly in Baltimore

August 02, 2019Dependable Homebuyers Advises Investors to Explore Baltimore Real Estate as an Alternative Investment

July 31, 2019Dependable Homebuyers Shares Rental Property Management Tactics for Owners in Baltimore

July 25, 2019Experts Predict a Recession in 2020 that can Affect Baltimore Real Estate

July 25, 2019Homeowners can Sell their Houses without any Stress to Dependable Homebuyers in Baltimore

Website Preview: