When selling or buying real estate, timing is essential. Homeowners that are thinking about selling their homes today long for the strong Sellers’ Market of recent years past. They may feel they missed their window of opportunity, and in many cases, they are correct. Buyers think their time has come! They THINK the sellers’ market is gone, and they should now be able to buy their dream home at Continue Reading
To Stage or Not to Stage? Can You Really Afford NOT to Stage Your Home?
Having well-planned strategies to stage your home can positively impact your final selling price. The cost of staging a home usually is well below that of the first price reduction if a home remains on the market for too long. If a home remains on the market for a month without an offer, the average selling price drops 5%. On a $500,000 home, that’s $25,000. “Statistics show the best chance of Continue Reading
Top Considerations When Buying a Condo
The first step in the home-buying process is assessing what type of property best suits your needs. For many, the choice is between a condominium or a single-family home. “Before jumping in with both feet, we advise buyers to take some time to assess whether condo living is right for them,” said Robert Coscia, Broker and Owner of Personal Realty Advisers. “We often have buyers who start down Continue Reading
How To Determine Your Home’s Selling Price
Let’s start with some important facts about recent home sale prices in Florida: According to research by Florida Atlantic University and Florida International University, homes in Tampa Bay continue to sell at a premium, far beyond expected prices. While the average home sold in Tampa for 39% above the expected price at the end of 2021, that number rose to 49% as of 3/31/22. In the latest Continue Reading
The Homes Baby Boomers Will Retire In…
Baby Boomers (born between 1946 and 1964), whether they are still working or are fully retired, are at the forefront of what’s been called the longevity economy, living longer, healthier lives than their parents. This physical shift also comes with a cultural shift in attitudes, especially about their retirement home. For the Silent Generation (also known as the Greatest Generation or the World Continue Reading
Buyer’s Guide: How to Plan NOW for a Seamless Real Estate Closing
In today’s super-competitive real estate market, buyers need to prepare to be as competitive as possible. Getting all your ducks in a row in advance so you can offer a quick closing with acceptable terms is a great way to do just that. Time spent tracking down financials, and other documents can be a costly financial mistake made during your home’s offer period that can add time and frustration to Continue Reading
What Does a Dream Home Look Like in Retirement? Advice From Your Real Estate Brokerage
You’ve made it! You’re retiring and finally ready to move and find your own slice of retirement real estate. At Personal Realty Advisers, we’re fortunate to work with many retirees: individuals and couples who are making a major life change—often looking to trade an old home for a new one. One would think that working with “retirees” would be easy—a one-size-fits-all approach—but our 60+ Continue Reading