Dear Friends,
Here is a summary of what I found on Realtor.org.
This week there was reported growth in all 12 regions for the first time since 2007.
Boston. Commercial real estate leasing was flat in some areas and noticeably improved in others.
New York. Commercial real estate leasing has picked up noticeably although vacancy rates continue to rise in some areas. Residential rents appear to have bottomed.
Richmond. Residential real estate markets are improving with the inventory of homes in the Washington, D.C., suburbs falling to its lowest level in 18 months.
St. Louis. Commercial and industrial real estate activity remain slow, but the suburban office vacancy rate increased in Little Rock; Louisville, KY; and Memphis. It was flat in St. Louis.
Minneapolis. Home construction is rebounding with building permits in the Minneapolis-St. Paul area doubling year-over-year in May. Vacant commercial real estate increased in Minneapolis.
Kansas City, Mo. Home sales rose, but practitioners are less optimistic about upcoming months.
Dallas. Housing demand has improved, but bankers say many potential borrowers are being turned away because of poor credit.
With home sales up, how fast you sell your home is key. Curb appeal is what will get the buyer in and keep the negotiations open! Here are some tips from HGTV’s real estate site, which offers nine ways to make a home more appealing:
• Restore the roof. Improve its appearance and keep it from leaking.
• Clean up the driveway and walkways. They set the tone for the rest of the home.
• Maintain the gutters. Clean out leaves and debris. Eliminate signs of water damage.
• Pay attention to details. Install attractive street numbers, door hardware and a new mailbox.
• Make the front door welcoming. Paint an old but solid one; replace one that is past its prime.
• Light it up. Decorate with attractive outdoor lighting.
• Paint offers big payoff for a low price. Just doing the shutters, trim and railings can help.
• Spruce up the lawn. Mow, pull weeds and fertilize.
• Add a WOW factor. Some beautiful plants will impress buyers.
Call me now and I will help you get started.
Namaste.
