Home Prices Aren’t Declining, But Headlines Might Make You Think They Are
RESF Real Estate Blog
by Scott Lehr
2d ago
Home Prices Aren’t Declining, But Headlines Might Make You Think They Are If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at this time, and they’re expected to keep rising, just at a slower pace. But a recent article from Redfin notes, “Price Drops Hit Highest Level in 18 Months As High Rates Dampen Buyer Demand.” And that might make you think prices are declining. Now, while it’s true the ..read more
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Savings Strategies Every First-Time Homebuyer Needs To Know
RESF Real Estate Blog
by Scott Lehr
2d ago
Savings Strategies Every First-Time Homebuyer Needs To Know If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more. Here are a few strategies that can help speed up that process. Budget and Track Your Expenses: To start, create a detailed budget that tracks the money you’ve got coming in and the money going out. This’ll give you a better look at your finances as a whole. Cut Down on Unnecessary Spending: Now that you have your budg ..read more
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Selling Smart: Why a Real Estate Agent Makes All the Difference
RESF Real Estate Blog
by Scott Lehr
4d ago
Selling Smart: Why a Real Estate Agent Makes All the Difference If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert, that opens the door for mistakes to happen and can quickly become overwhelming. A report from the National Association of Realtors (NAR) shows two key areas where people who sold their own house struggled the most: pricing and paperwork. Here are just a few of the ways an agent ..read more
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Does A Swimming Pool Boost or Hurt Your Home's Value?
RESF Real Estate Blog
by Ylopo (Enterprise)
6d ago
There's nothing more satisfying than lounging around the pool in your own home on a sweltering day, with a cocktail or a book in hand. The kids, meanwhile, are busy practicing their dives or just lolling about on pool floats.  Having a pool has always been seen as an upscale bonus. But the naked truth is, some consider it necessary, while others view it as a deal-breaker. If you're a homeowner who’s thinking about adding an in-ground pool and wonders whether it’s a wise investment and if it adds value to your property, continue reading to dive into the details.   According to the N ..read more
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Your Equity Could Make a Move Possible
RESF Real Estate Blog
by Scott Lehr
1w ago
Your Equity Could Make a Move Possible Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move. Maybe you’re in the same boat. But what if there was a way to offset these higher borrowing costs? There is. And the money you need probably already exists in your current home in the form of equity. What Is Equity? Think of equity as a simple math equation. Freddie Mac explains: “. . . your home’s equity is the ..read more
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What You Should Do Immediately After Inheriting a House
RESF Real Estate Blog
by Scott Lehr
1w ago
Inheriting a house can be both a blessing and a challenge. Whether the property holds sentimental value or represents a significant financial asset, you need to know what to do next. Here’s a guide on what you should do immediately after inheriting a house, ensuring you navigate this new responsibility smoothly and efficiently. Create a Short-Term Estate Management Plan First, establish a short-term estate management plan. This plan should address immediate needs, such as securing the property, handling utilities, and managing immediate maintenance issues. If necessary, change the locks to ..read more
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4 Exterior Upgrades That Add Value to Your Home
RESF Real Estate Blog
by Scott Lehr
1w ago
Home improvement is a pivotal aspect of homeownership, offering both aesthetic enhancements and increased property value. While many homeowners focus on interior upgrades, the exterior of the home also holds significant potential for boosting curb appeal and market value. Let’s explore four exterior upgrades that add value to your home. Landscaping The first impression of your home is set by its landscaping. A well-maintained garden with lush green lawns, colorful flower beds, and trimmed shrubs can significantly elevate the visual appeal of your property. Beyond aesthetics, landscaping can ..read more
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Open House This Sunday 11 AM till 2PM come join me in Davie Fl
RESF Real Estate Blog
by Scott Lehr
1w ago
Open House This Sunday 11 AM till 2PM come join me in Davie Fl Motivated Seller! Relocating! Reasonable Offers Considered! Discover this stunning 2019 home, almost like new, in a gated community. Enjoy hassle-free living with lawn care, trimming, garbage pickup, bulk pickup, water/sewer, and all amenities included in the monthly lot rent—no HOA fees. This is a 55+ community. Additional costs are limited to cable and a low monthly electric bill. This 3-bedroom, 2-bathroom home boasts white crown molding throughout, recessed lighting, an open floor plan, and a large island with a farmhouse sink ..read more
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The Sweet Spot for Buying Luxury Homes
RESF Real Estate Blog
by Scott Lehr
1w ago
The Sweet Spot for Buying Luxury Homes If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why. There Are More Luxury Homes To Choose From What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, they’re homes that are valued in the top 5% of any given market. According to a recent report from the Institute for Luxury Home Marketing, the selection of luxury homes is increasi ..read more
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DIY Projects To Give Your Backyard a Makeover
RESF Real Estate Blog
by Scott Lehr
1w ago
Whether you’re a home seller trying to attract a buyer or you’re a buyer who wants to make personal changes to the property, you can start today. Few home improvement tasks are as rewarding as giving the backyard a makeover. These outdoor spaces are extensions of our homes, offering a space to relax, entertain, and enjoy the beauty of nature. The best part? You don’t need to be a professional contractor to transform your backyard into an oasis. ] With a bit of creativity and effort, any homeowner can embark on a DIY adventure that will add value to their property and bring immense satisfacti ..read more
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