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Weekly Update
Weekly Update 10/11/23
Welcome to my weekly update
Growth and Thoughts about Real Estate
Before the holidays, roughly the next 90-120 days, can be an excellent time to find your dream home with less competition and more motivated sellers. This time frame can offer several advantages for homebuyers:
Reduced Competition: Many potential buyers take a break from house hunting during the holiday season, which means there are typically fewer competing offers on homes. With less competition, you have a better chance of securing the home you want without entering into bidding wars.
Motivated Sellers: Sellers who choose to list their homes during this period are often motivated to sell. Some may have been unsuccessful in selling during the holidays and are now more eager to make a deal. This can lead to more favorable negotiations for buyers.
Potentially Lower Prices: Motivated sellers may be more willing to negotiate on price and terms, which can result in cost savings for you as a buyer. You may find more opportunities to purchase a home at a lower price point.
More Time for Decision-Making: With fewer buyers in the market, you may have more time to carefully consider your options and make informed decisions about the properties you're interested in. This can reduce the pressure associated with competitive markets.
Around the Neighborhood
FALL MAINTENANCE
Tackle these recommended tasks now to ensure
your home is in good shape for fall & winter.
HEATING AND COOLING
Clean or replace furnace filters
Have the system serviced prior to the start of the season
DOORS AND WINDOWS
Inspect caulking for deterioration at the openings and joints
Check weather stripping and replace, if necessary
Remove screens if possible, clean and store in a dry place
FIREPLACE & CHIMNEY
Have the fireplace and chimney professionally inspected
Have chimney cleaned if needed
Have gas fireplaces serviced
FOUNDATION AND EXTERIOR
Clear gutters and downspouts of leaves and other debris
Check for moisture or leaks in the crawlspace or basement
Check grading for proper slope away from the foundation
Inspect wood surfaces for weathering and paint failure
Check brick and stucco surfaces for cracks