Taking A Realistic Look At Your Home's Price

Selling your home is never easy, and it isn't always the paperwork that is the hardest part for people to deal with. Leaving behind a home can be a seriously emotional trauma for some, especially if it is a childhood home. The problem with this is that many home sellers tend to overvalue their homes, simply because of all the wonderful memories that they have had in the house that they need to sell. Even though it is a seller's market, there is only so much you can ask for in a typical Sacramento home.  This means that as hard as it is to admit, you are going to have to try to be as objective as possible when pricing your home.

It IS A Seller's Market, But...

The fact is that there is a bit of leeway when it comes to pricing a home if you are in a seller's market. Since the demand for homes is somewhat higher than it normally would be, it is possible to price your home slightly above market price without having too many people reject your asking price. However, if you price your home too much above the market price, the vast majority of buyers (or all) will simply refuse to buy your home, opting for another home instead. Believe it or not, even a first time buyer will notice if a home's price is significantly higher than the homes surrounding it, and they will look to other homes to buy if they think that the price is unreasonable.

See Things From An Outsider's Perspective

There are several easy ways to make sure that you are pricing things reasonably. The first thing that you should do is make sure that your home's price is roughly around the same level as what others in your neighborhood are charging for theirs. Next, you have to be honest with yourself about the house's flaws and perks. Does the roof need reworking? Is the paint on your window sills chipping, or are the stairs creaky? Though you may find some of these things to be charming, a typical homebuyer will not. You will have to take these flaws and issues into consideration as you decide what your home price should be. Asking a real estate agent for a more reliable appraisal (or a home appraiser, or a home inspector) is a good move if you simply cannot come up with a number that sounds right.

Keep Your Heart Out Of It

As hard as it can be to sell your home, you need to do your best to keep your emotions out of the transaction. Don't take the price that you receive on your home as an insult, or as a jab at the house itself. The fact is that the market only allows for pricing to be the way that peoples' demand allows it to be, and once you find your new home, you'll feel like it is just as priceless as the one that you are selling.

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 6442 Coyle Ave Carmichael CA

Beautiful Remodeled Carmichael Starter Home across street from Mercy San Juan! 

Click link for more pics and information!

Home features:

Remodeled Kitchen with new tile flooring
Granite Countertop
Neutral Tile back splash
Remodeled Bathrooms with Neutral colors
Cozy living room 
Refinished Hardwood floors
Sparkling Pool
Low maintenance backyard
Private gated Courtyard with cute pond
San Juan school district
Close to Mercy San Juan
Minutes to Shopping
1 yr Home Warranty!!

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6 Tax Facts Home Sellers should know!

Great Starter home with pool in Carmichael

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Realtors have the experience!

LivingPlug KS

This Month's Real Estate Update for June 2013

Fair Oaks Real Estate Market trends

Recent Real Estate Market statistics for Fair Oaks California.
To check out your neighborhood, visit my market update page

Sacramento Real Estate: It's A Seller's Market

 
 California's real estate market is legendary when it comes to fluctuations, extremes, and unusual laws that can cause problems with new homeowners. For many people, it seems like the world of California real estate is as fickle as the weather can be. These days, the Sacramento real estate market has become hot as summer, and make no mistake about it – it's a seller's market.

Sacramento has always had a certain allure to it, and it comes as no surprise to locals that homes in Sacramento remain high in demand, even through the country's recession. Sacramento is known for beautiful neighborhoods, safe areas, tons of commercial opportunities, and plenty of amenities for everyone to enjoy. It is a city that always has something going on, and always has new and interesting features to explore.

These days, there aren't many people selling their homes in Sacramento, but there is still a very high demand for Sacramento real estate. Homes are in short supply. As supply and demand would have it, this means that buyers who do want to buy a new home in this area will have to pay extra if they want to move to Sacramento at the moment. Moreover, this trend is expected to continue for several months.

For sellers and for the real estate agents who are helping them find a buyer for their new home, this is very good news. Homes are moving off the market faster than at any other time during this year, and sellers are getting a better price than what they normally would get for their homes. Experts are also unsure as to how long the price increase trend will last, so it's quite possible that prices will continue to increase throughout the summer months. Make no mistake about it – now is an excellent time for Sacramento homeowners to sell their home.

There is a major caveat when it comes to the Sacramento real estate market's price increase trend. No one knows for sure how long this trend will last, since there is a major factor that will eventually have to come into play – the bank-owned foreclosed homes that are expected to go on sale sometime in the not-so-distant future. As the banks release foreclosed Sacramento homes into the market, the supply of Sacramento homes will increase, which in turn will stabilize the market. This will eventually drop the prices of Sacramento homes.

So, what does this mean for those who hold a stake in the Sacramento real estate market? For homeowners who are looking to sell their home, now is the time to consider calling up a real estate agent to start selling your home. For buyers, it may be best to wait until the foreclosed homes that are slated to hit the Sacramento market actually are put up for sale. Lastly, real estate investors need to take their time to figure out what moves would be best for them in this highly active, highly energetic market.