The Spring Market is the hottest time of year for Real Estate! Historically, this is the season when most sellers put their homes on the market, get the highest priced offers, and have their homes sell in the shortest amount of time, typically with multiple bids! 2021 is on track to be an even better year than last year, as we are seeing an incredible market “boom” following the 2020 pandemic.
Maximum Curb Appeal
The sun is shining and the flowers are in bloom, which means you can show your home at its very best! First impressions are everything, and a buyer will be more captivated by a home with lush trees and a colorful garden than the brown lifeless branches of winter. Plus, the longer days of Spring will make the inside of your home brighter and more appealing.
To fully maximize your curb appeal, focus on visual aesthetics and pay attention to even the smallest details. From the minute your potential buyers pull up to your home, they should envision themselves living there. Make sure to:
- Touch up paint on exterior walls, doors, shutters, and trim
- Put down new mulch and tend to flower and plant beds
- Keep the lawn freshly mowed, the trees and bushed trimmed, and any gardens manicured
- Wash windows inside and out
- Declutter the yard and the driveway. Remove any law decorations, art, furniture, pots, toys, etc.
- Clean the gutters
- Power wash the driveway and sidewalks
Always consider seeking help from professional stagers to maximize your home’s appeal. If you list with me, I will provide the first appointment with a top-of-the-line stager, completely FREE of charge!
Most Convenient Season for Buyers
Now that the weather is warm and days are longer, people are itching to get out and about! Most buyers want to get through the bitter cold winter days before taking on the life-changing task of looking for a home and making the move. Families typically like to settle into their homes before the new school year begins, and even buyers without children find the Spring market an easier time to take off from work. And as a seller, you may actually find this time is most convenient for you for the very same reasons!
High Demand and Low Inventory
Following the 2020 pandemic, we are seeing a large trend of city dwellers moving to the suburbs, renters deciding to become homeowners, and Millennials and Gen Z buyers entering the market. This means more competition, and more competition means bidding wars with competitive offers! This also means there are fewer houses available to the many prospective buyers. Open houses have lines wrapping around the block, there are multiple bids on many properties, and offers are going way over the asking price! This is incredible news for sellers, who have a larger audience than ever!
Low Mortgage Rates
Rates are currently at historic lows, hovering around 2.8 – 3% for a 30 year fixed rate. That’s an incredible opportunity that can save your buyers thousands of dollars! And because they will be saving more money in the long run, buyers may be willing to offer a higher price point when there is a bidding war on your home. So you’ll be netting higher figures overall!
If you want more information on what the rates are at right now, or if you would like to get pre-approved for a mortgage online, please click the link below. Emi is highly qualified and will be able to answer all your financing questions!
Ready to Sell?
Please call me today at 201-247-6341 and I will be more than happy to send you a market analysis of your home. Or, simply click the link below and I can send you one online right now!
What is Your Home Worth in the 2021 Spring Market?
Don’t miss this absolutely fabulous Spring Market in Northern Bergen County!
Ana Moniz, ABR Broker Associate Lifetime Member of the NJAR™ Distinguished Sales Club Coldwell Banker Residential Brokerage 50 Broadway, Hillsdale, NJ 07642
cell- 201-247-6341 | office – (201) 930-8820 Ext. 441 | e-fax- 201-781-6712
www.AnaMonizRealEstate.com | https://www.anamonizrealestate.net/ | AnaMonizRealEstate@gmail.com