Saturday, October 23, 2010

What Future Buyers Are Looking For In Nevada County Homes for Sale

Owners of Nevada County homes for sale are wondering, “What are buyers looking for?” This is especially true if the home has been on the market for a while. Well, homeowners aren’t the only ones. Several companies, including Better Homes and Gardens and Avid Ratings, the exclusive research provider for the National Association of Home Builders, have researched this question.
So, what are buyers looking for in national and Nevada County homes for sale? In a 2010 Avid Ratings homebuyer’s study, over 22,000 homeowners, who bought their homes in the past nine years, provide some clues. In short, the study says practicality beats out extras any day.
The days of formal dining rooms, oversized backyard patios and community clubhouses are gone. Swimming pools aren’t that big a deal, but neither are upstairs laundry rooms or home theaters. These extras have been replaced by practicalities such as:
· Children’s playground
· Walking paths
· Large kitchens (with island if possible)
· Home office or study
· Main-floor master bedroom
· Two-car garages
· Oversize showers with seating
As well, although buyers are willing to have less space, they’re big on “green” features such as high-efficiency windows, insulation and appliances.
The home survey by Better Homes and Gardens reveals much the same information. Homeowners and potential buyers pointed towards downsizing into smaller, greener homes. Again, high-efficiency appliances topped the interest levels, with a lean towards Energy Star appliances.
The home office is still a priority, although it doesn’t have to be dedicated space; many would be perfectly happy with a multi-purpose space, instead. The real key, however, is no wasted space, along with ample storage.
If you’re considering doing any amount of remodeling to excite potential buyers, the information contained in these surveys are priceless. If you’re one of the owners of Nevada County homes for sale thinking your house is too small, it’s great news. If you thought you might upgrade to more energy-efficient appliances, you’re on the right track. Consider what you can do to make your home more “future buyer” friendly!
If you’d like to sell your home or are looking for a more energy-efficient home, I can help. Call me now at 530-913-2019 or email me at Teresaprock@hotmail.com for more information.
Keyword/Tag: Nevada County homes for sale
Links:
Avid Ratings
http://www.avidratings.com/
Homebuyer’s study
http://articles.latimes.com/2010/apr/04/business/la-fi-lew4-2010apr04/2
Home survey by Better Homes and Gardens
http://rismedia.com/2010-01-21/looking-ahead-cents-and-sensibility-top-priorities-for-homeowners-in-2010/

Sunday, October 3, 2010

4 Reasons You Should Buy Nevada County Real Estate in a Down Market

The national and Nevada County real estate markets are constantly fluctuating, falling somewhere between more inventory and lower prices and less inventory and higher prices. People are often frightened when the home inventory rises, but a declining real estate market may just be the perfect time to find your next home.
Here are 4 reasons why you should consider buying Nevada County real estate in a down market.
1. Inventory. When the market is down, more homes are for sale. This means you have more homes to choose from, which makes it easier to find a home in your dream neighborhood or closer to work or school.

2. Negotiation. There’s a reason down markets are called “buyers’ markets.” Sellers want to sell their homes, and they are often willing to do whatever it takes. This means you have the advantage and can buy a home for a great price. You can also ask the seller for other incentives like paying all or a portion of your closing costs.

3. Mortgage Rates. When the real estate market begins falling, interest rates get cut. This can mean considerable savings for you over the course of your mortgage. You can even buy a larger home within your price range than you can when the market is booming.

4. Investment. Even though doom and gloom is forecasted in a down market, your home will still most likely go up in value or at least retain its value. Keep in mind that your home is your most personal investment. It’s a place where you will create memories and maybe even raise a family.

If you’re considering buying a home, let me help you find a wonderful home at a great price. Call me today at 530-913-2019 or email me at Teresaprock@hotmail.com.

Keyword/Tag: Nevada County real estate

Links:

Buying Nevada County real estate in a down market
http://homebuying.about.com/od/buyingahome/qt/Waittobuy.htm

Negotiation
http://www.repair-home.com/son/buyers_market.htm




Mortgage Rates
http://www.bankrate.com/