More Tips For Selling During The Holidays

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If your home is on the market during the holiday season consider these tips for taking advantage of the opportunities you have:

1.  Price to sell.  Just like always, if your home is priced right it will get the attention that it deserves.

2.  Pay attention to curb appeal.  Again, this is a year-round tip, but at this time of year in particular be sure that leaves a raked, stairs and walkways are kept free of ice and snow, and gutters are cleaned.

3.  Decorate reasonably.  If you decorate during the holidays be sure not to go overboard.  Keep things scaled to your home and decorate to emphasize your home’s best features, not cover or detract from them.  If you want to avoid offending potential buyers it is best to decorate with general winter themes rather than religious items.

4.  Focus on motivated buyers.  People who house hunt during the holidays are generally motivated buyers.  Work with your agent to target buyers who are on a deadline and looking to buy before the end of the year.

5.  Hire a trusted agent.  At this time of year in particular it is important to have a real estate agent who is reliable and not someone who will disappear during the holidays.  Some who will go above and beyond to work for you will help get your home sold.

Looking to buy or sell a home in Sussex County?  Give us a call at Cooper Realty Associates and put us to work for you – 302-856-6434.

Low Mortgage Rates Make It the Ideal Time to Buy

Heading into the spring quarter, mortgage rates are hovering around record lows, meaning that there’s never been a more affordable time to buy a home!

 

We set our clocks ahead yesterday, signaling the imminent arrival of Spring.  Spring typically brings a heightened home buying season with it.  This is great news for sellers, but there’s good news for buyers too.  Heading into the spring quarter, mortgage rates are hovering around record lows, meaning that there’s never been a more affordable time to buy a home!

On March 1st, Freddie Mac released the results of its Primary Mortgage Market Survey.  This survey found that rates on a 30-year fixed-rate mortgage are averaging around 3.9 percent with an average 0.8 point, rates that are nearly 1 percent lower than the 4.87 percent average reported last year around this time.  Similarly, the survey found that rates on a 15-year fixed-rate mortgage average around 3.17 percent with an average 0.8 point, nearly 1 percent lower than the 4.15 percent rate averaged at this time last year.  Adjustable-rate mortgages, of course, bottom out at even lower rates, some which haven’t been this low in decades.  So, if you’ve been waiting for a good time to buy a home, it looks like your opportunity is here!

Give us a call at Cooper Realty and let us help you find the perfect home – 302-644-2266!