5 Things You Should Do Now For Selling Your House This Spring

5 Things You Should Do Now For Selling Your House This Spring

If you are considering to sell your house this spring, time is now to prepare and execute!
Spring home selling season is in now in full-swing, and you must act now to take advantage of positive time for sellers.  You will later be faced with stiff competition from other sellers – as we approach April and May when the housing market gets more  new listings.  You’ll want your property to stand apart from the competition, and that will take planning and effort. 
Here are five seller strategy tips for springtime home selling: 

1.  Clean the house – exterior and interior.

Have the exterior of your house cleaned and de-cluttered, including hardscape, gutters and windows.  Get rid of your “stuff” that’s not essential and prepare for buyers to see the real value of your house. 

Get the interior and exterior of the windows cleaned, and you will like what you see.   Remove dust and debris from ceiling fans, and clean out your fireplace.   Clean our your cabinets.   Clean or touch up with interior paint on marked walls.   Paint or clean your baseboards, clean the curtains, dust your blinds, and organize your closets.

2.  Find and work with a good and experienced professional real estate agent who is a Realtor.

Having an experienced Realtor agent represent you is critically important – especially with the shift to online marketing in the industry.  Marketing plans for sale of a home require a skilled, professional strategy.  Your Realtor agent will help you with professional photography and identify and focus on features of your home that will help you maximize the way those features are showcased.  Find someone you can trust to serve as your Realtor agent, and he or she should be familiar with your neighborhood. 

3.  Inspect Interior and Exterior Systems of the house.

Check the roof of your home for possible leaks, and get those fixed.  Check your home’s heating, ventilation, air conditioning (HVAC) system by a certified or licensed professional.  Change air filters and check your air conditioner, and have that serviced if needed.  Test your security system, smoke detectors, fire alarm, and carbon monoxide detector devices, to make sure each is working properly.  Inspect your water pipes and plumbing for possible leaks.  Make sure your windows don’t have cracks or broken seals.  Re-caulk the showers/sinks.  Check the garage and attic for possible signs of insects or rodents and get that remediated.   

4.  Home Improvement Projects.

It’s now time to complete any unfinished improvement projects.  Consult with your Realtor agent on interior paint colors.  If the house has not been painted during the past five years, find a neutral color and get that painting completed.  If your carpets are new, get those cleaned.  If they are old or warn, get those replaced.  If you have any other “fix up” projects as you prepare to sell your home, work quickly and get those finished.  You’ll find a buyer for your home faster, and the process will be smooth if projects are fully completed before you list.

5.  Do your homework when pricing the house for sale.

Some  home sellers start the process with a number in mind, and you might think about the bottom price to get to at least break even with the lenders or recover some equity.  However, smart sellers will focus on what the market will pay for your house – not necessarily on what you want buyers to pay.  It’s imperative that you and your Realtor agent do extensive market research to determine true market value of your home.  Truth is that  your home is worth what the buyers and market says it’s worth – not necessarily what you want the price to be.  If you disregard what the market says, you will probably have a difficult time selling.  Do your homework and talk with your Realtor agent to carefully arrive at the listing asking price.

 

By Harrison K. Long.  This is information and advice about things you should do not for planning to sell your home this spring 2014.  

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Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Connect with us at 949-854-7747 with your questions about home value and pricing at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Orange County CA Home Selling Moderating Towards Value and Price

Orange County CA Home Selling Moderating Towards Value and Price

BY –  Professional Real Estate Sales Representative and Realtor with Coldwell Banker Residential Brokerage, Irvine and Orange County, CA.

Orange County Great ParkOrange County CA home selling reached its zenith last year during March 2013 – when the number of homes for sale listings was close to an all-time low – at the same time when mortgage rates on 30-year fixed loans were near an an all-time low.

Qualified buyers wanted to avoid missed opportunity during that time and were especially aggressive to get homes under contract.

So during March and April 2013, many Orange County home sellers listed their homes for sale, received multiple offers, and got them in escrow with highest imaginable price in less than thirty days.

Orange County home selling market conditions have changed significantly since 2013 – with buyer demand moderating and taking more time on the market to get buyers and finish sales.

Orange County still has motivated home buyers who are more careful about value and pricing than last year.

Here are examples of Orange County cities with number of homes for sale, those now in  “pending” and under purchase contract, number of solds and average selling prices this year.

Irvine – is the top home selling market area at Orange County

  • 438 homes now listed for sale
  • average list price over $1.3 million
  • Irvine has 292 homes now pending under purchase contract.
  • Sold 255 homes so far this year first two months of 2014.
  • Average sold price at Irvine so far this year is $805,786.

Huntington Beach

  • 301 homes now listed for sale
  • average list price of $976,549
  • Huntington beach has 223 homes now pending under purchase contract.
  • Sold 205 homes so far this year first two months of 2014.
  • Average sold price so far this year of $912,147.

Newport Beach

  • 273 homes now listed for sale
  • average list price more than $3 million
  • Newport Beach has 93 homes now pending under purchase contract.
  • Sold 94 homes so far during first two months of 2014
  • average sold price so far this year of $1,648,000.

Costa Mesa

  • 120 homes listed for sale
  • average list price of $744,000
  • Costa Mesa has 107 homes now pending under purchase contract.
  • Sold 86 homes so far this year during first two months of 2014
  • average sold price so far this year of $647,284.

Orange County home buyers are looking for good prices and value more during these times.

With such great difference between average listing price in some cities and areas of Orange County, home sellers need to use comparative market value sold information more now as top criteria for pricing when listing homes for sale.

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By Harrison K. Long.  Source of some information is CRMLS and is for homes listed and sold by all brokers and agents.

Coldwell Banker residential brokerage

Coldwell Banker previews

Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Connect with us at 949-854-7747 with your questions about home value and pricing at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Newport Beach CA Home Selling Prices and Numbers for Start of 2014

Newport Beach CA Home Selling Prices and Numbers for Start of 2014

It’s not surprising that Newport Beach CA Home selling prices are up during start of 2014.  People love Newport Beach where homes are some of the most popular for buyers in this city famous for residential living and investment.

 

79 Newport Beach homes have sold during first 55 days of 2014 – time ending February 25, 2014.  Average sold price for those was $1,665,068 – and average time on market for those sold homes was 90 days.

83 Newport Beach homes sold during same time last year – first 55 days of 2013.  Average sold price was $1,284,704.  Average time on market for those sold homes was 121 days.

So Newport Beach average home selling prices are up 29 percent for start first 55 days of 2014 – while number of home sales is down 5 percent as compared with same time last year.

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Newport Beach CA Homes with Sales and Prices Update for December 2013

Newport Beach CA Homes with Sales and Prices Update for December 2013

view from Balboa Island

Newport Beach CA home sales market update for December shows continued moderation of sales and price increases.

Newport Beach is one of the most sought-after cities for home buying at Orange County CA residential living and investment.

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Eastbluff Newport Beach CA Home Sales and Prices 4th Quarter 2013

Eastbluff Newport Beach CA Home Sales and Prices 4th Quarter 2013

Back bay views from EastbluffEastbluff Newport Beach homes are some of the most popular for buyers in the city that is famous for residential living and investment.

This image views toward the Newport Beach Upper Back Bay from Eastbluff homes.

25 Eastbluff Newport Beach homes sold during 4th quarter 2013 – with average sold price of $1,154,260 – and average time on market for those was 69 days. Continue reading

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Newport Beach CA Home Prices and Selling Market Update

Newport Beach CA Home Prices and Selling Market Update

Newport Beach CA home prices and selling market update shows continued moderation of home sales and price increases.

Newport continues to be one of the most sought-after cities for home buying and Orange County CA residential living and investment.

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Real Estate Investors Need to Know About Taxes on Sale of Their Property

Real Estate Investors Need to Know About Taxes on Sale of Their Property

Real estate investors need to know if they will owe taxes on the sale of your property – even if you are taking a loss on the sale.

Some investors realize they could be facing a big tax bill, even when selling at a loss, and they will benefit from options that 1031 tax-deferred exchanges provide.

A 1031 tax-deferred exchange is a tool for investors to defer capital gains taxes on the exchange of like-kind properties.

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Newport Beach CA Real Estate Update Shows Good Opportunities

Newport Beach CA Real Estate Update Shows Good Opportunities

Newport Harbor views

Newport Beach CA is one of the most sought-after cities for California residential living and investment.

Newport can boast of having some of the most expensive homes for sale listings anywhere.

69 Newport Beach homes sold during October 2013 this year – with average sold price at $1,729,482 – including single family and condo homes.  Average interior size of the sold homes was 2,750 sf.

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Newport Beach CA Homeowners With Solid 10.2 Percent Average Annual Home Value Increases

Newport Beach CA is an amazing and beautiful city – cherished by residents, tourists, travelers, and business people.

Its homeowners have also enjoyed solid property property increases during the past 13 years.

234 Newport Beach homes have sold during the second quarter this year from July 1 to September 30,2013 – with average sold price of $1,646,747 – and average interior size of 2,325 SF.

296 Newport Beach homes sold during that same time 13 years ago – from July 1 to September 30, 2000 – with average sold price of $705,712 – and average interior size of 1,939 SF.

So Newport Beach average home selling prices have gone up $941,035 during that time – which is a price increase of 133 percent over the 13 years – or an average annual selling price increase of 10.2 percent during that time.

Newport Beach had fewer distressed properties and foreclosures than other areas of Orange County during the housing slump from 2007 to 2011 – and real estate values remain stable at Newport Beach and less volatile than other areas.

Newport Beach has been good for home buyers and owners who expect to protect and grow their property values.

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Connect with us about Newport Beach CA homes and listing and selling process.

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By Harrison K. Long – Professional real estate representative and Realtor, Coldwell Banker Previews, Newport Beach and Orange County, CA – CA BRE 01410855 –  Source of some information is CRMLS and is for homes listed and sold by all brokers

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Corona del Mar CA Real Estate Sees Stable Home Value Increases Over 13 years

Corona del Mar CA Real Estate Sees Stable Property Value Increases Over 13 years

Corona del Mar main beach

Corona del Mar (Spanish for “Crown of the Sea”) is a affluent town in Newport Beach CA and is located on the seaward face of the San Joaquin Hills.

Corona del Mar CA (or CDM) real estate shows healthy selling prices this year and property value increases over the past 13 years.

Corona del Mar real estate

184 Corona del Mar homes have sold this year so far from January 1 to August 31, 2013 – with average sold price of $2,064,551 – and average interior size of 2,512 SF.

199 Corona del Mar homes sold during that same time 13 years ago – from January 1 to August 31, 2000 – with average sold price of $963,498 – and average interior size of 2,416 SF.

So Corona del Mar average home selling prices have gone up $1,101,053 during that time – which is an increase of 114 percent over the 13 years – or an average home selling price increase of 8.7 percent during that time.

Corona del Mar home prices were already high during 2000 in relation to other communities at South Orange County.  Real estate values remained stable at CDM through most of the real estate bus from 2007 to 2011 – and remain less volatile than in almost all other areas and cities in Orange County.

Corona del Mar has been very good for home buyers and owners who expect to protect and grow their property values.

Crown of the Sea

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Source of some information is CRMLS and is for homes listed and sold by all brokers and agents.

Connect with us about Corona del Mar and Newport Beach CA home values and listing and selling process at Orange County CA.

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By Harrison K. Long – Professional real estate representative and Realtor, Coldwell Banker Previews, Orange County, CA – CA BRE 01410855 – www.LiveCoronadelMar.com

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