With 2019 making its way into our lives, the buyers seem to be extremely worried because of the rising valuation of property and lesser affordability. Every year is different in the housing market. And, the year 2019 is marked by high property prices and a weaker housing market. Many home buyers are worried because of this reason. But, don’t be afraid! Here is a guide for you to navigate through the California housing market in 2019!
New Year, New Real Estate Housing Market
Are you revving up yourself to a buy a home for sale in Modesto, CA within the next 12 months? Or, Are you trying to decide if it’s the right time for you to invest in a property in California? Whatever the scenario may be, a little inside information and some expert guidance can be really helpful for you to make the right move.
The real estate housing market has gone through some big changes in the year 2018, and 2019 real estate market will also have its own quirks too. This blog content basically deals with what home buyers need to know to make some investment in real estate this year. Let’s find what you need to know to buy a home in California in 2019!
Housing Inventory Is Still Short in 2019 – But, there are Great Homes for Sale Out there!
The real estate inventory has fallen nonstop from the last few years, and in the year 2019, there won’t be any drastic change in the scenario. However, the good news is, you can still find a great house for sale. Here are some handful of pieces of advice for purchasing a property in a tight housing market:
Choose to Opt for a Fixer-Upper – Many times, while searching for a home, people buy a house above their set budget. But, if you are willing to buy a home in a tight housing market, then it is better to look at fixer-uppers priced below your budget and invest the rest of money upgrading the purchased property. This allows you to end up with a home full of your own design choices, and just think of the eventual return on investment. Just be sure to buy smart when in a tight housing market! Always avoid fixer-uppers having red-flag issues like a crumbling foundation.
Consider Old Listings – If a listing is old that doesn’t mean it has some issues, instead, it may mean the house was priced too high from the start so it couldn’t be sold. Some sellers don’t easily lower the price, and the house just hangs out on the market for longer. When buyers search only for new listings, they can miss great properties with price adjustments. So, flexibility in this regard can be really helpful.
Get a Sneak Peek – Ask your real estate agent about the upcoming listings for homes waiting to hit the market. Often, real estate agents have the inside scoop on homes for two-to-four hours weeks before they are listed.
The Homes Can be Costlier But Your Down Payment Doesn’t Have to be
The price of property in California is rapidly outpacing the income and affordability, making it increasingly hard for the would-be home buyers to buy a home. This year as well, the limited supply will only keep pushing the prices of the properties up in California. Nevertheless, you can still buy a property easily if you go for low down payment options. Let’s find out how!
For almost more than 53% of rented people willing to buy a home, the biggest challenge is the down payment. But, there is something you may get a surprised hearing: around 20% down payment everyone talks about is way more than what most people actually pay. Most of the home buyers pay around 5-10 percent down payment and some even pay 0. For this, you need to speak to your real estate agent or the lending company you are relying on and research loan alternatives with traditionally low down payments like VA and FHA. You can also look for down payment help through some popular online resources related to it.
Housing Market to Watch this Year in California
Every year, the real estate statistics change. There are some housing markets that remain more in demand compared to others every year. This year, the forecast is that the housing market in Modesto is going to receive a great demand of property. There are buyers around searching homes for sale in Modesto, CA. Moreover, the area has plenty of hot properties for sale this year. Also, the city tops the list for its blend of high school, median income, moderate home prices, and a stable economy. So, you can watch out for a house this year in Modesto, CA.
Call our agents to buy a home in Modesto, CA. To call, dial 209-846-2220!
So, you have decided to sell your house. What do you think will help you get buyers to purchase your property? No idea right? Don’t worry! Read this blog article in brief.
Selling a property is never an easy task. Although, there are many tricks and techniques with the help of which you can present your property as one of the best in the market, but home staging is one of the techniques that make a property visually and aesthetically appealing to a home buyer. It helps makes your property more attractive for the buyer.
Home staging is one tried-and-true trick that is proven to minimize your property’s time on the market. As per various studies, it has been found that homes staged before listing receives an offer in just 23 days on average, which is around 90% faster than those who waited months after listing to bother staging.
If your budget is tight, you might think that you can’t afford to stage your property. But, as per the professional real estate agents in Modesto, CA, below are the four golden rules to help you sell your property quickly.
Create a Curb Appeal:
The first and foremost thing that a buyer gets to notice while viewing a property put on sale is the facade of your home. Make sure that the landscaping, lawn, driveway, and walkway are clearly trimmed and well-maintained. Wash the windows, prune bushes and plants, and repaint the porch, if needed. Make sure the porch or the entryway is inviting to the property buyers.
Improving the curb appeal of the property helps a lot to grab buyers. The real estate agents of The JRP Group have seen numerous cases of homes for sale in Modesto, CA, where the curb appeal has been a factor of purchasing a property. It attracts the buyers to a great extent.
Experiment and Use Neutral Palette:
There should be a transition of color scheme in different rooms of your property. It is one of the most attractive things that a buyer essentially watch out on a property while making a purchase. Many times, performing this step as a part of home staging helps the property sold out faster than even thought.
Declutter the Property:
This is yet another important part of home staging that can really help attract more buyers. Often, having excessive clutter makes the property look clumsy and unattractive. This often causes disinterest within the buyer. However, if you keep your property clean, get rid of all the excess stuff that has accumulated in every nook and cranny, etc., then you might attract more buyers and get your property sold out faster. People require to be able to envisage what the property would look like if they were living there. People often find this difficult, so make it easy for them to seek all the fantastic living space you are offering them.
Unless your property has an exceptional period built-in, all home could benefit from some updating. If someone feels the property is up-to-date with the latest trends, they will reflect that feeling in the offer. Consider making simple changes like swapping out gold fixtures for a nickel or chrome.
Seeking Assistance of Professional
Whatever you do, you need some professional help to fasten up the process of the home sale. Professional real estate agents have better contacts and they can better guide you with the home selling process. If you are looking to sell your home in California, then seek to take the help of our real estate agents of the JRP Group in Modesto, CA. We make home selling and buying a hassle-free process for our clients. You can buy and sell property with confidence from us.
To know more about us, visit our website www.thejrpgroup.com
How to Know You Have Found the Right Country Home for Purchase in Modesto, CA?
Buying a home is an extremely exciting experience. But, it is the most nerve-wracking decision of life as well. It’s a big financial venture and needs proper readiness in every manner. It’s a decision that you shouldn’t make without being fully informed. Being armed with proper knowledge will help you make better decisions. Any reasonable person willing to buy a home will definitely wish to ensure that they are making the right choice before jumping in. But, what are those factors that decide the “right choice”? This is a big question that probably every home buyer confronts at one point of time in their search. To help you this blog has put down some important factors that play a vital role in deciding the “right choice” for home buying. Let’s go through them!
How to Decide Whether You Have Made the Right Choice in Home Buying?
There are several factors that play a key role in deciding whether you are making the right choice in home buying or not. Here are some of them jotted down below:
One of the essential factors to remember while buying a home is to buy what you can afford. You need to ensure that the home you have selected for purchase fits your budget. Big financial decisions like home buying cannot be done instinctively. You need to see a lot of things before making any decision and budget is the foremost thing that cannot be ignored while home buying. There can be nothing more heartbreaking than not being able to make your monthly home loan payments.
So, the budget is a big factor that plays a key role in the decision of the “right choice” in home buying. You will get to know that you have found the right house when it fits easily within your budget.
Location is another vital thing to consider while making the decision of home buying. A house located at a popular area with proximity to all important places like hospitals, airport, market area, etc., should be the top choice. Also, you should see that the property is located at a place which yields higher returns in the future. You need to think about the profitability of investing in a house before making any decision.
The house that you have decided to buy might not check off every item on your wishlist, but it certainly should fulfill your basic needs. The house you decide to buy should have the number of bedrooms according to your need, the basic amenities, security, etc.
You should know that you have found the right house for yourself when it fits your needs, budget, and location.
Consulting with a Real Estate Agent
Though, the above-mentioned factors are important for you to decide whether a house is the right fit for you or not. But, you can always get the best advice on the purchase of a property from an expert real estate agent. A real estate agent has the experience, knowledge of market trends, pricing, etc., that is very helpful in making the right choice in home buying. The realtors are professionally trained and equipped with in-depth knowledge that helps meet every expectation of the buyer. They can pair the most suitable property to you with the smoothest transaction process.
If you are in California and are looking for professional advice for purchase of a real estate property, then you can contact our expert real estate agents of “The JRP Group”. Our featured listings have the best country homes for sale in Modesto, CA. So, we can assist you find the best home in this area.
For details, contact our agents at 209-846-2220 or visit our website www.thejrpgroup.com
Buying a house is probably the most difficult decision. The reason for that difficulty is mostly the huge amount of financial involvement. What is even more critical about home buying is the fact that it involves someone’s dreams, aspirations, and most of their life savings. So, you cannot go wrong with regard to your home buying decision. For this reason, it is extremely important to consider some essential parameters before buying your dream house. There may be many available houses for sale, but guiding your purchase through the mentioned below parameters will help you make the right decision. Let’s find out what are those parameters to consider before purchasing a house in Modesto, CA!
Things to Consider Before Buying a House in Modesto, CA
California is one such place where the demand for real estate tends to be higher around the year. Many people wanted to invest in properties available for sale in California. You can find plenty of houses for sale in California round the year. But, out of the many places in California, the city of Modesto experiences the highest property demand. There are outstanding properties available for sale out there. However, when there are greater options, the buying becomes more difficult. Since, there are plenty of outstanding houses for sale in Modesto, CA, you need to be more particular about your decision of home buying. There are a lot many things that should guide your purchase of the property. So, let’s find out about those things that you need to consider while purchasing a house in Modesto, CA.
These days, there are many options of financing a house purchase. But, this doesn’t mean that you jump into buying any property you like. You need to know where to stop and understand where to draw a line. With changing needs and unpredictable situations, burdening yourself with too much financial loan can be risky. So, it is best recommended to stick to a budget that is achievable without too much risk. You need to chalk out your budget of home buying before actually getting into the process of property purchase. This is the first step you need to consider before buying a home. Missing out on this may cause you a lot of trouble in procuring money for a lot of expenses.
Buying a home needs you to act smart. A thoughtful approach to things will help you handle many situations from burdening you with unnecessary financial burden or hassles. Everyone loves a house with a lot of modern features and soothing garden in the exterior. But, how feasible is it financially? A question that you should ask yourself at every step of home buying. Having a spacious house with lots of facilities may sound great, but maintaining it, upgrading it, and ensuring that it remains in optimal condition will not only be expensive but a painstaking task as well.
Buying a house is not just a mere financial investment, but it is going to be a home to you and your family. So, it is very important to make a decision keeping everyone in mind. You need to ensure that the home is conveniently located for everyday activities of you and your family.
Finding a house for purchase in the right location is very important. Only the interior features and look of the house is not sufficient to consider, you need to also see if the property is located in a good location. Having hospitals, markets, schools, airport, railway station, etc., nearby is an absolute must. It not only facilitates ease in functioning but enhances the property value.
You should compare the prices of the properties in the market. Many times, it is seen that the same property is available at different prices with different agents, or different properties with similar features may be available in the market. You as a buyer need to ensure that you pick the best from what is available in your budget. Comparing prices with different localities, features, etc., helps to carefully make the decision of home buying and enable you to get the best property.
There may be enough well-wishers to give you advice on home buying, but it is always better to work with professionals in the field. You should work with the most reliable real estate agent to ensure you get the best deal with regard to home buying.
If you are interested to purchase a home in Modesto, CA, then you may consult your needs with our professional agents of The JRP Group. Our real estate agents of The JRP Group are committed to helping you find the most suitable house and assuring a smooth transaction to purchase it. Our highly-qualified realtors have the knowledge, skills, and resources to assist you to find the best house for purchase. We offer the top homes of California listed with us. If you see our featured listings, you will find the best houses for sale in Modesto, CA.
Equipped with these crucial parameters or considerations, you are now ready to find your dream home. Hope this blog article has been helpful to you. If you are in the market for a new home in Modesto, CA, but have concerns that need to be addressed, talk to our real estate property agents. Our team has the best professionals to assist you. They can help you figure out the ideal property, help you in acquiring customized home loans with highly subsidized interest rates, and can offer a seamless home buying experience. Call today at 209-846-2220 for help!
If you are ready to start your buying or selling process
give us a call at 209-846-2220 - We´re happy to answer all your questions.