Don’t be Scared, Be Smart
There is no need to be scared when you’re working with the Ransom-McKenzie Team!
Give us a call today or visit our website at RansomMcKenzieTeam.com. We’ll make buying or selling your next home fun, not scary.
To Stage or Not To Stage
Our clients often ask us whether staging a home is an important part of getting their home sold quickly. It can be. A well staged home does make a difference.
Staging is not just referring to putting furniture into a vacant home. It also refers to what we ask our sellers to do when preparing their home for sale. One of the most basic, yet effective staging strategies is decluttering the home. This could include everything from cleaning out closets to moving out furniture that makes a room look too small. Other staging game plans could include more extreme measures such as replacing carpet, painting or even replacing kitchen counter tops.
Days on the Market Hits All Time Low
 According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017. In Riverside this number is under 20 days in some neighborhoods. Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate the time between listing and signing a contract. The time needed to sell a home has dropped substantially since its highest mark of 11 weeks in 2012. The chart below shows the median weeks on the market from 1987 to today.
Bottom LineIf you are a homeowner who is debating whether or not to list your home for sale, know that national market conditions are primed for a quick turnaround! Give The Ransom-McKenzie Team a call today to get a free property value report. We would love to help you sell your home. |
Multi-Generational Households May Be The Answer To Price Increases
Multi-Generational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans is now living in a multi generational household – a household with two or more adult generations, or grandparents living with grandchildren – a level that hasn’t been seen in the U.S. since 1950.”
Feeling Stuck in Place?… You Aren’t Alone
Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place.
Median Days on the Market Drops Again!
Throughout this year the median days on the market (DOM) has consistently gotten lower every month. When compared to year over year figures from 2016, there is often a 50% drop in the number of days on the market.
5 Reasons to Hire a Real Estate Professional when Buying or Selling
Whether you are buying or selling a home, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.
The 5 reasons you NEED a real estate professional in your corner haven’t changed, but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam. Read More
5 Reasons Home Ownership Makes ‘Cents’
The American Dream of home ownership is alive and well. Recent reports show that the US home ownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities.
The benefits to home ownership are numerous and varied. Today we want to talk about the top 5 financial reasons you should own your own home. Read More
4 Top Home Renovations for Maximum ROI
We are often asked what the best home renovation would be to prepare a home for sale. Often that question means, “What can I do to my home to get the best Return On my Investment?” Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI) Read More
Riverside Real Estate Update
Prices continue to creep up in the Riverside real estate market. For a quick and easy update, check out the infographic below.
If you would like monthly updates for your zip code or neighborhood, sign into our website and customize the report just for you.
The Ransom-McKenzie Team 