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Selling A Home When the Market Slows Down

Projected Interest Rates

Let’s talk about interest rates. The projected interest rates by Freddie Mac indicate almost a full interest point rise by this year’s end. When interest rates rise, the market slows down; it’s as certain as April flowers. Additionally, when rates increase, homes stay on the market longer and cause their prices to soften.

Selling while rates are low means faster selling times and more buyers in the market. When interest rates rise the reverse is true. How can you maintain an advantage as the market changes?

Sell Properties Faster and For More Money

Selling a home is always disruptive, even in a great market. It takes a solid planto get to closing. A successful sale, meaning getting the best price and sold quickly, can be accomplished as long as preparations are made first. That’s where home staging comes in. Popular tv shows give the impression that most homes need a complete makeover to sell. A professional design team can make any home look incredible with a seemingly limitless budget! Realistically though, the time constraints and financial means of most homeowners won't allow for a total overhaul. And as a rule, the majority of homes require much less work to boost their appeal.

To market a home effectively, the first step is a deep cleaning and the removal of unnecessary furnishings. Buyers want to every property at its best and that's not possible if there are too many things in a home.

Staging a home may be as simple as decluttering, making minor repairs and applying fresh paint. More extensive updates may be necessary, however, adding or repositioning existing furniture and introducing new accessories and pops of color can make a big difference. Piedra Dining After Staging



Since interest rates are expected to increase over the next year, it's in your best interest to sell quickly. 
Home StagingRobin LeighFebruary 28, 2018cost to stage, first impression, home for sale, home selling, home staging, Home staging arizona, house staging, luxury home, staged homes, Staging, Staging tips