Area Real Estate News & Market Trends

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Sept. 12, 2023

The Power of an Offer: Are You Locked Into the Contract?

An offer is a written agreement to buy a specific property at a specific price. It's one of the first steps in purchasing a home, and it's a crucial step in the process. But what does it mean to make an offer on a house? Are you locked into the contract once you make an offer?

The Importance of an Offer

When you make an offer on a house, you're putting your money where your mouth is. You're saying to the seller, "I'm interested in this property and I'm willing to pay this much for it." The seller can then accept, decline, or countered-offer.

If the seller accepts your initial offer, congratulations! You're one step closer to owning your dream home. If the seller declines your offer, they may provide you with feedback as to why they rejected it. Sometimes, sellers will provide a counter-offer, which means they are willing to sell the property but at a higher price than what you originally offered.

Making an offer on a house is an important step in the process because it allows you to put your intentions in writing. It also protects both parties should anything go wrong during the negotiation process.

Are You Locked Into the Contract?

Now that we've gone over what an offer is and why it's important, let's answer the question: are you locked into the contract once you make an offer?

The answer is no—you're not locked into the contract. An offer is not binding until both parties have signed it. So if you've made an offer and then changed your mind, you can rescind your offer without penalty.

The same goes for sellers. If a seller has made an offer and then decides they don't want to sell after all, they can back out of the contract without penalty as well.

However, just because you can back out of a contract doesn't mean that you should. Once you've made an offer on a property, it's generally considered good faith to follow through with that offer unless there are extenuating circumstances (for example, if the inspection reveals significant damage that was not disclosed beforehand).

Making an Offer on a House: What Does it Mean & Are You Locked Into the Contract? offers are important because they allow both parties to put their intentions in writing and protect each other should anything go wrong during negotiations. However, offers are not binding until both parties have signed them, so if you change your mind after making an Offer ,you can still back out without penalty

Posted in Home Selling Tips
Sept. 12, 2023

How to Keep Your Home Safe When It's on the Market

How to Keep Your Home Safe When It's on the Market

Selling your home can be an exciting and stressful time. You're excited to move on to the next chapter in your life, but you might also be worried about strangers coming through your home during open houses or showings. It's important to take some steps to ensure that your home is safe during the selling process. Here are a few tips to help you keep your home safe when it's on the market.

1. Keep valuables out of sight. If you have any valuables that you don't want people to see, it's best to keep them out of sight. This might mean putting them in a safe or locking them away in a closet. You should also remove any items from your home that could be tempting for thieves, like electronics, jewelry, or cash.

2. Don't advertise that you're away from home. If you're going to be out of town for an extended period of time, it's best not to advertise it. If possible, have a friend or neighbor keep an eye on your home while you're gone. You should also put your mail on hold so that it doesn't pile up in your mailbox. This is a dead giveaway that no one is home.

3. Be careful about who you let into your home. When you have showings or open houses, there will be strangers in and out of your home. It's important to be vigilant about who you let into your house. If possible, try to have someone else present during showings so that you can screen visitors before they come inside.

4. Keep an eye out for suspicious activity. Even if you've taken all of the necessary precautions, it's still important to be aware of what's going on around your property. If you see any suspicious activity, don't hesitate to call the police.

Selling your home can be a fun and exciting process, but it's important to take some steps to ensure that your home is safe during this time. By following these tips, you can help deter thieves and keep your family and belongings safe while your home is on the market.

Posted in Home Selling Tips
Sept. 12, 2023

The DANGERS of slopped property in the sierra foothills

The Dangers of Sloped Property in the Sierra Foothills

If you're a realtor or a home owner in the Sierra Foothills, then you know that sloped property can come with its own set of problems. One of the most common problems is drainage. When it rains, the water can pool at the bottom of the slope and cause all sorts of issues. Here's what you need to know about the dangers of sloped property in the Sierra Foothills.

1. Pooled water can lead to foundation issues.

Water is one of the biggest enemies of foundations. When it pools around your foundation, it can start to destabilize it and cause cracks. sooner or later, those cracks will turn into full-blown leaks, and then you'll really have a problem on your hands. If you have sloped property, it's important to make sure that the drainage is adequate so that water doesn't have a chance to pool around your foundation.

2. Erosion can wash away your landscaping.

Another danger of sloped property is erosion. When it rains, the water can run down the slope and wash away all of your hard work (and money). Mulching and planting on slopes can help to mitigate this problem, but it's still something that you need to be aware of.

3. Landslides are a very real danger.

The third and final danger of sloped property is landslides. While they may seem like something that only happens in movies, landslides are a very real danger in many parts of the world, including the Sierra Foothills. If you live on a slope, it's important to be aware of the potential for a landslide and take steps to protect your property (and yourself).

As you can see, there are several dangers that come along with sloped property in the Sierra Foothills. From foundation problems to erosion to landslides, it's important to be aware of these dangers so that you can take steps to protect your property. If you have any questions or concerns, don't hesitate to speak with a professional.

Posted in Home Selling Tips
Sept. 12, 2023

STAGING YOUR HOUSE: THE PROS AND CONS

Staging Your House: The Pros and Cons

When you're selling your house, there are a lot of things to think about. One of the most important decisions you'll have to make is whether or not to stage your house. On the one hand, staging can help your house look its best and attract potential buyers. On the other hand, it can be costly and time-consuming. In this blog post, we'll weigh the pros and cons of staging your house so you can make an informed decision.

The Pros of Staging Your House

1. Staging Can Help Your House Sell Faster

If you're looking to sell your house quickly, staging is definitely something to consider. A well-staged home sends a signal to potential buyers that the sellers are serious about selling and that the house is move-in ready. This can help your house stand out from the competition and selling faster as a result.

2. Staging Can Help You Get More Money for Your House

In addition to helping your house sell faster, staging can also help you get more money for your property. Buyers are often willing to pay more for a property that doesn't require them to do any work after closing. By contrast, a property that needs significant repairs or renovations will likely sell for less.

3. Staging Can Make Your House More Appealing Online

These days, most buyers start their house hunt online before ever setting foot in a property. That's why it's so important to make sure your home looks good in photos and videos. Staging can help with this by ensuring that each room is nicely arranged and uncluttered.

The Cons of Staging Your House

1. Staging Can Be Costly

One of the biggest downside of staging is that it can be costly—often several thousands of dollars. If you're on a tight budget, this may not be the right option for you.

2. Staging Requires Time and Effort

Staging your home also requires time and effort on your part (or on the part of whoever you hire to do it). This includes decluttering each room, rearranging furniture, and making sure there's nothing personal visible (e.g., family photos). If you don't have the time or energy to invest in staging, it may not be worth it for you.

When deciding whether or not to stage your home, there are several factors to consider—including cost, time investment, and potential return on investment. Ultimately, only you can decide what's best for you and your family given your unique circumstances. We hope this blog post has helped you better understand the pros and cons of staging so that you can make an informed decision about what's right for you!

Posted in Home Selling Tips
Sept. 12, 2023

SHOULD YOU RENOVATE BEFORE YOU SELL?

Blog Introduction: For many home sellers, the idea of completing renovations before putting their homes on the market can be a daunting one. There are so many things to consider: Which renovations will add the most value? How much should I spend? And, perhaps most importantly, will I get my money back?

Fortunately, we're here to help. In this blog post, we'll take a look at some of the pros and cons of renovating your home before you sell. By the end, you should have a better idea of whether or not doing renovations is right for you.

The Pros of Renovating Before You Sell

There are a few key reasons why completing renovations before you sell can be a good idea. First, it can help you boost your home's curb appeal—which is important, since curb appeal is often what makes or breaks a sale. If your home looks beautiful from the street, prospective buyers will be far more likely to want to see what's inside.

In addition, renovating can also help you command a higher sales price. Studies have shown that even simple renovations like painting the walls or refinished hardwood floors can increase your home's value by thousands of dollars. And if you're planning on doing more significant work like a kitchen or bathroom renovation, you could see an even bigger return on your investment.

Finally, renovating can also help your home sell faster. In today's market, buyers are often looking for move-in ready homes—homes that they don't have to do any work to after they purchase them. If your home fits that bill, you're more likely to find a buyer quickly.

The Cons of Renovating Before You Sell

Of course, there are also some drawbacks to renovating your home before selling it—especially if you're trying to sell quickly or on a tight budget. The first and most obvious drawback is cost—renovations can be expensive, and there's no guarantee that you'll get your money back when you finally do sell your home.

In addition, renovations can also be time-consuming—and time is something that many sellers don't have much of. If you're trying to sell quickly (or if you've already found a buyer but need to close quickly), taking on a renovation project might not be feasible.

Lastly, it's important to note that not all renovations are created equal—some will add value while others won't make much of a difference at all when it comes time to sell. So if you're going to renovate, it's important to do your research and choose projects that will give you the biggest bang for your buck.

So should you renovate before selling? That depends. If you're looking to boost curb appeal, increase your sales price, and find a buyer quickly—then yes, renovating could be a good idea. However, if cost or time is an issue for you, then it might be best to sell as is and let the new owners worry about making changes down the road.

Posted in Home Selling Tips
Sept. 12, 2023

Top 6 things to do in the Sierra Nevada foothills

Top 6 things to do in Sierra Nevada Foothills, CA

The Sierra Nevada foothills offer a beautiful landscape and a myriad of activities for residents and visitors to enjoy. Hiking, fishing, camping, and exploring are all great ways to spend time in the Sierra Nevada foothills. Here are the top 6 things to do in Sierra Nevada foothills, CA.

1. Hiking: With miles of trails to explore, hiking is one of the best ways to experience the Sierra Nevada foothills. There are trails for all levels of hikers, from easy walks to longer hikes with more challenging terrain.

2. Fishing: The Sierra Nevada foothills offer many opportunities for fishing, both in rivers and lakes. Whether you’re a beginner or an experienced fisherman, you’ll be sure to find a spot that’s perfect for you.

3. Camping: Camping is a great way to connect with nature and enjoy the beauty of the Sierra Nevada foothills. There are many camping sites available, ranging from primitive sites to developed campgrounds with amenities like bathrooms and showers.

4. Sightseeing: From waterfalls to historic landmarks, there’s plenty to see in the Sierra Nevada foothills. Take a drive or go on a hike and see all the sights that the area has to offer.

5. Shopping: The Sierra Nevada foothills offer many unique shopping opportunities, from farmers markets to locally owned shops. You’ll be able to find everything from fresh produce to handmade goods.

6. Dining: There are many great places to eat in the Sierra Nevada foothills, whether you’re looking for a quick bite or a sit-down meal. You’ll be able to find everything from casual eateries to fine dining restaurants.

The Sierra Nevada foothills offer something for everyone, whether you’re looking for a relaxing getaway or an adventurous vacation. With so many activities and attractions, you’ll never be bored when you visit the Sierra Nevada foothills!

Sept. 12, 2023

The Smelly Truth

Let's face it, no one wants to live in a smelly home. Bad smells can come from a number of sources, including pets, cooking, and even smoking. And while you may not notice the smell yourself, potential buyers certainly will. In fact, bad smells can be such a turnoff that they'll cause people to lose interest in your home entirely.

So, what can you do to combat bad smells? The first step is to identify the source of the smell. Once you've done that, there are a few things you can try, including aired out the affected area, using air fresheners or scented candles, or even calling in a professional cleaner.

How Bad Smells Affect People's Perception of Your Home

Have you ever gone into a home and been greeted by an unpleasant smell? It could be anything from cigarette smoke to pet odors to the smell of something burning. Whatever the source of the smell, it's likely that it had an effect on your perception of the home. In fact, bad smells can be such a turnoff that they can make people lose interest in a home entirely.

The sense of smell is closely linked to memory and emotion, which means that bad smells can subconsciously influence how people feel about your home. For example, the smell of cigarette smoke might remind them of childhood homes where parents smoked indoors, or the smell of something burning might remind them of a time when their house caught on fire. In either case, those memories are likely to color their perception of your home in a negative way.

In addition to influencing emotions and memories, bad smells can also cause physical reactions like headaches, nausea, and difficulty breathing. If potential buyers experience any of these symptoms while touring your home, they're unlikely to have positive feelings about it.

How to Combat Bad Smells in Your Home

If you're selling your home and worried about bad smells turning off potential buyers, there are a few things you can do to combat them. The first step is to identify the source of the smell so that you can address it directly. Common sources of unpleasant odors include pets, cooking, and smoking.

Once you've identified the source of the odor, there are a few things you can try to get rid of it:

- Air out the affected area: Open windows and doors to let fresh air circulate through the room. If possible, leave them open for several hours or even overnight so that the stink has time to dissipate completely.

- Use air fresheners or scented candles: This is a temporary fix that can help mask bad odors until you have time to air out your home or clean the affected area more thoroughly. Just be sure not to use too much; otherwise, potential buyers might be overwhelmed by the scent and have trouble smelling anything else.

- Call in a professional cleaner: If you don't think you can get rid of the odor on your own, consider hiring a professional cleaner who has experience dealing with tough cases like yours. They'll likely have access to powerful cleaning supplies and equipment that will do the job more effectively than household cleaners will.

Bad smells can make potential buyers lose interest in your home entirely. The sense of smell is closely linked to memory and emotion which means that bad smells could subconsciously influence how people feel about your home - impacting whether they make an offer or not! To avoid this fate for your property follow these three steps: identify the source of the odor; air out affected areas; use air fresheners; call in professional cleaners if needed! Dealing with bad smells before listing will save you headaches (literally!) down the road!

Posted in Home Selling Tips
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates