Yaron Kaminski

Posted on February 15, 2019 by yaronhomes

How To List Your Home for the Best Price

If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018.

The map below shows the results of the latest index by state.

Real estate is local. Each state appreciates at different levels. The majority of the country saw at least a 2.0% gain in home values, while some residents in North Dakota and Louisiana may have felt prices slow slightly.

This effect will be short lived. In the same report, CoreLogic forecasts that every state in the Union will experience at least 2.0% appreciation, with the majority of the country gaining at least 4.0%! The prediction for the country comes in at 4.6%. For a median-priced home, that translates to over $14,000 in additional equity next year! (The map below shows the forecast by state.)

So, how does this help you list your home for the best price?

Armed with the knowledge of how much experts believe your house will appreciate this year, you will be able to set an appropriate price for your listing from the start. If homes like yours are appreciating at 4.0%, you won’t want to list your home for more than that amount!

One of the biggest mistakes homeowners make is pricing their homes too high and reducing the price later when they do not get any offers. This can lead buyers to believe that there may be something wrong with the home, when in fact the price was just too high for the market.

Bottom Line

Pricing your home right from the start is one of the most challenging parts of selling your home. Once you decide to list your house, let’s get together to discuss where home values are headed in your area!

Yaron Kaminski

Posted on February 15, 2019 by yaronhomes

First Comes Love… Then Comes Mortgage? Couples Lead the Way

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down payments and contribute to monthly housing costs.

However, many couples are also deciding to buy a home before spending what would be a down payment on a wedding. Last year, unmarried couples accounted for 16% of all first-time buyers.

If you’re single, don’t fret! Single women made up 18% of first-time buyers in 2018, while single men accounted for 10% of buyers. One recent article pointed to a sense of responsibility and commitment that drives many single women to want to own their home, rather than rent.

Here is the breakdown of all first-time homebuyers in 2018 by percentage of all buyers, income, and age:

2019-02-14-Mem-ENG-1024x768

Bottom Line

You may not be that much different than those who have already purchased their first homes. Let’s get together to determine if your dream home is already within your grasp!

Yaron Kaminski

Posted on February 15, 2019 by yaronhomes

6309 Bright Plume, Columbia, MD

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$ Click for current price
4 BEDROOMS |

updated expanded 4 bedroom 3 bath detached contemporary with walkout lower level*view of pond and trees from both upper and lower level deck and patio*cul-de-sac location*new carpet, polished naural wood floors, and paint*updated kitchen with new cabinets, appliances and quartz countertops*3 totally updated baths*2 gas fireplaces and 1 gas wood stove*open floor plan with large sunroom and dining room addition, large vertical windows, vaulted ceiling and view of treed open space*new roof*central vacuum system*updated hvac heat pump with gas back up heat*gas drier and hwh*lower level with full addition including 4th bedroom, office and craft/hobby room*tons of storage*enclosed detached 1 car carport*truly one of a kind must see home with a beautiful private location and treed opens space with direct access to pond and adjoining walking paths