The National Association of Realtors has made the prediction that the real estate market will remain more on the modest side during 2019. These predictions indicate that a vast amount of growth will be on the commercial side of the real estate spectrum. This does not mean, however, that there will not be significant growth on the residential side also. A great part of this growth is expected to come from the selling of new homes.
With these modest increases predicted by the National Association of Realtors, it is expected that more sellers will begin placing their homes on the market. When a seller has a good amount of equity built up in their home, they will get a higher price for their home.
Danielle Hale, the chief economist for the National Association of Realtors stated, “With yet another year of high demand for housing, we expect to see sales rise significantly by the increase in demand for employment that has built confidence in consumers.”
Basically what this means is that buyers now have more confidence that they did not exhibit before in the housing market due to job security. This newfound confidence is encouraging them to take the necessary steps to purchase a home of their own. For homeowners who have built up equity in their home, they can use their money for a down payment on a new home.
Although many of the forecasts are leaning toward the positive end of the spectrum, this does not mean that sellers will be able to sell their homes with complete ease. One of the biggest determining factors in the selling process is how the home is presented. Even during a time when there are fewer homes on the market, a buyer still wants to invest their money in a home that meets their specific wants and needs.
Evan Roberts, of Dependable Homebuyers, always reminds sellers that staging is a vital part of the selling process when it comes to catching the eye of prospective buyers. When it comes to staging, it is very important to set the home up so that it appeals to prospective buyers. If the home is empty, this could mean adding furniture and other accessories in order to create an environment that appears lived in. For homes that are still occupied, it is important to rid the home of any clutter so that it does not appear smaller or overcrowded. Here's a recent press release they published.
While it is important to create a lived-in environment, it is best to take caution not to overdo it. Doing so can make it hard for potential buyers to envision their own belongings in a home. Adding simple lighting can help to enhance a home as well. It helps to make the space appear bigger and more open. Not everyone has the same taste so it is also important to use neutral colors.
If staging is something that a homeowner struggles with, there are many companies that offer their professional services to help with that. Staging can be a bit of an investment but certainly, one that is worth it.
Dependable Homebuyers has been in business for many years. They offer a wide variety of services to clients needing to sell their home. For more information about the company and the services they provide visit their website at https://tennessee-nashville-dot-dependablehomebuyers.appspot.com/.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in Nashville. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (615) 257-7774 and we’ll provide you a cash offer within 24 hours.
July 26, 2019 – Recession Expected to Hit Nashville Real Estate in 2020
July 15, 2019 – Residents In Nashville Opting to Rent Over Buying