Is Now a Good Time to Buy??

Is now a good time to buy??

Is now a good time to buy?? 🤔 🏡

In such an unusual year, many of you are still trying to figure out if now is the right time to make a move. I’d like to share with you a couple of the sentiments that I’ve been hearing.

1. Its likely prices will go up because of inflation. After an unprecedented government stimulus, expect inflation sooner or later. Investing in real estate is a great hedge against that.

2. Interest rates are at historic lows — but don’t take that for granted. Requirements and rates will worsen at some point.

3. There’s real value in comfort and security right now. What matters more to you: trying to time the bottom of the market, or finding the right home that’ll make you and your family feel comfortable and safe during this time?

4. Try to avoid the “wait and see” mentality. Nobody buys at the bottom — and knows it. Focus on quality as your priority: the best deal on the best match that meets your needs for years to come.

If you’d like a more tailored look at how the market is playing out in your desired neighborhood, just contact me today!!

Stephanie MacDonald Team

Serving Greater Philadelphia, The Mainline, Center City and South Jersey

Top 7 Home New Year’s Resolutions

With the start of the New Year, thoughts naturally turn to change. If one of your New Year’s Resolutions is to sell your home, then making the right resolutions can help you sell your home quickly and for the best possible return.

Getty Image
  1. Move Up Spring Cleaning – Time to do your spring cleaning now. Declutter,
    depersonalize and make the home look roomier.
  2. Stage Your Home – Whether you hire someone or do it yourself, this is the time to rearrange your furniture to make your rooms look bigger and brighter.
  3. Think it Through – Before you spend money on renovations and upgrades, think
    carefully and don’t overspend by guessing.
  4. Take Care of Neglected Repairs – This is a great time to hire a handyman or break out the tool belt to take care of deferred maintenance and take care of minor repairs.
  5. Interview Real Estate Agents – Hiring a real estate agent is critical to your success. Take the time to interview a number of agents and choose the right one for your needs.
  6. Check out the Competition – Go see homes listed for sale in your area and adjust your timing, staging, and pricing based on the market.
  7. Prepare Mentally – Selling a home can be stressful. Be prepared for low offers, picky buyers, drop-by agents, and odd terms. Prepare yourself now so you will take them in stride when you’re on the market.

Choosing the right agent is crucial to stress-free and easy home buying or selling on the Main Line, Center City and Southern New Jersey. The right agent has the resources and expertise to guide you through the process, every step of the way. If you have any questions or you’re ready to get started, please do not hesitate to call or email us. We’d love to hear from you!

The Stephanie MacDonald Team | 610-246-1048 | stephanie@themacdonaldteam.com

Selling your home during the Holidays

The Holiday Season has arrived and many home sellers are concerned it’s the wrong time to list their homes. The truth is that the holidays can be a great time to sell your home. Not only does your home look more beautiful dressed up for the holidays, but buyers are often more emotionally tied to the home because of it. There is no need to wait for the hectic New Year selling season to list. There are benefits to selling now!

  • Lower Inventory – Typically there are fewer homes on the market; fewer homes mean less competition. Inventory is still under the 6-month supply needed for a normal housing market. Waiting until Spring will increase the choices buyers have. Don’t wait until additional inventory comes to market before you decide to sell.
  • Serious Buyers – Buyers during the holidays tend to be more serious than at other times of the year. Moving is not fun at any time of the year, but the holidays are particularly hard, so buyers willing to do this are serious about moving. There are buyers ready, willing and able to purchase and are in the market right now.
  • Interest Rates are Still Low – No one knows what’s coming in the New Year, but for now, Interest Rates are still traditionally low.

The Holiday Selling Season is here. Home sellers can capitalize on the slower pace, smaller inventory and serious buyers by listing now. Deck the halls and offer a warm, cozy home to potential buyers and take advantage of the season for selling your home now.

We would like to help you decide if your home is ready to sell this winter. If you’re ready to sell or would like to learn more reach out to us! We’d love to hear from you.

Your Fall Home Maintenance Checklist

Now that the warm summer months are behind us, it’s time to prepare for winter. Regardless of whether you expect to see sub-zero temperatures this season or you live in one of the warmer climates, preparing your home for colder weather can save you money and hassle this winter. So before you dig out your fall sweaters, take a weekend and prepare your home for the cold weather to come.

Curious about which maintenance tasks are best done in fall? This handy checklist should help.

Need more information about home maintenance? I have amazing list of businesses to share. Contact the MacDonald team today for more information.