Home Seller and Buyer Trends of 2015

  The National Association of Realtors recently released their annual report profiling homebuyer and seller habits of 2015. Here are some of the most interesting highlights- you can view the full report here.   Home Buyers First-time buyers made up 32 percent of all homebuyers, down from 33 percent last year. The typical buyer was 44 years old, and had …

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Real Estate Terms You Need to Know

Appreciation: When the value of a property increases over time. This may be due to the location, market changes, inflation, or a number of other factors. Inversely, depreciation refers to when a property’s value decreases over time. Appraisal: A written estimate of a property’s value given by an individual who is authorized to do so. Appraisals can be conducted to …

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Home Upgrades That Won’t Break the Bank

Paint the Walls This inexpensive fix can help a room appear drastically newer. Painting walls in lighter neutrals will create the illusion of a larger, more open space—plus, it can be done over a single weekend. Change Up the Lighting New light fixtures are a great way to play around with the atmosphere and mood of each room. Your choices …

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Tips for a More Energy-Efficient Home

Upgrade Your Insulation Using blown-in foam insulation in your attic and walls can help seal in the heat when it gets colder without the risk of altering your home’s structural stability. Depending on the age of your home, it may just have the minimum required insulation in place, which won’t be enough to help you save energy. Replace Lighting Instead …

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Making an Offer on a Short Sale

Should You Make an Offer for a Home with a Short Sale? If you’re searching for a home in Encinitas, you might have heard about “short sales” as another way of purchasing a house. In case you’re unfamiliar with the concept, a short sale occurs when a homeowner sells their property for a price less than what they owe on …

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Navigate Online Listings Like a Pro

The majority of today’s buyers begin their real estate search online. If you’re new to the home-buying process, it’s important to have an understanding that sellers will generally present their homes in the best possible light. They want buyers to feel like they are getting value for their money. In order to make sure you actually are, check out the …

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New vs. Used Homes: Which is Best for You?

  We all know that in most cases, brand new homes are more expensive than existing homes. However, existing homes can carry extensive future maintenance costs that may equal or even outweigh that purchasing price of a new home. Here are the most crucial factors to consider when trying to decide what type of home is right for you. New …

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Should I Refinance My Mortgage?

  To Secure Lower Interest Rates and Lower Monthly Payments The first thing to ask yourself when considering refinancing is, “how long am I planning to live in this house?” If you are planning to live in your home for at least 5 more years, refinancing will help you save money in the long term. However, if you’re anticipating putting …

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Eliminating the Stress of Buying a Home

Find a great real estate agent Make sure your real estate agent is highly experienced, knows about homes in the area you’re looking in, and connects with you. Consider amenities and location Room size, and other aspects of a home’s interior are all factors that may affect your decision. However, just because a home meets all of your expectations in …

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Is Buying a Fixer-Upper Worth It?

Homes listed in a condition that requires extensive repairs are called “fixer-uppers” for a reason. While these types of homes are often much cheaper than the asking price of similar remodeled homes in the area, many first-time homebuyers make the mistake of taking on more than they’re able to handle, spending hundreds of thousands on making the house livable. Below …

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