If you’ve been following the real estate market, you probably know that it has been many months since buyers and sellers enjoyed anything like business as usual, with record-low interest rates and inventory in markets both large and small. But now we may be able to envision a return to a real estate market that’s a little more like normal.
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Downsize or Upsize—Which Is Right for You?
At one time, it seemed that everything you read in the newspaper’s real estate section had to do with downsizing—the practice of selling off the family home and moving to a small, low-maintenance villa or condominium. The favored communities for downsizing were often located in the South, offering good year-round weather and no more snow shoveling. It sounded like a great deal—pre-pandemic.
New Places to Look for Your Next Home
For many buyers, one of the most challenging aspects of buying a home in 2020 turned out to be finding a home in the first place. Low inventory in many markets, as well as the struggles associated with local restrictions and virtual home tours, meant that some enthusiastic buyers found themselves unable to find the right space when they were ready to move forward with their purchase.
Save, Don’t Splurge
Preparing for a 2021 Home Purchase
While you may have been ready to buy a home during the 2020 spring market, the uncertainties caused by the pandemic may have put a damper on your plans. At this point, you may be uncertain about your post-COVID-19 real estate goals and unsure whether the opportunity to work from home will inspire you to move to another market or another type of home.
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The Difference Between Home Staging and Decorating
Staging your home for an open house is crucial in adding appeal to buyers. However, many are unaware of the difference between full-on redecorating and simply staging a home to be presentable for showings.
Here is a breakdown of what home staging really means and how you can get your interior ready for the market.