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Real Estate Outlook: Buyers Take Note


  
One of the country's top housing economists has come out with a new forecast and timeline for the market over the coming months - and it's got some great insights for anybody interested in real estate.

Dr. David Seiders, chief economist for the National Association of Home Builders, says that housing starts are now down by about 20 percent from levels a year ago - but that should be no surprise.








 



 After all, he says, after years of record housing production, the market had to cool off, "We are in the midst of an inevitable adjustment following



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Tips for Selling in a Buyer's Market

As the fall season brings the usual slow-down in home sales activity, many regions of the country that experienced hot sellers' markets over the summer are now seeing a change toward buyers' markets. But don't let that hamper your plans -- if you prepare properly and make the right moves, you can sell your house.

One of the first things real estate brokers and agents will encourage you to do if you're selling in a challenging market is to price your house appropriately and add appeal.

So what can you do to give your house selling appeal? For starters, you should:





Which Repairs Should You Make Before the Sale?

     If you're preparing to place your home on the market, it's inevitable that you'll need a couple of minor repairs and slight improvements before that "For Sale" sign can be driven into the front yard.
      Practical projects like a fresh coat of paint require little time or money but can make your home more attractive -- and more attractive homes are likely to sell faster and for more money.
      But what if an item needs repair, something which doesn't jeopardize anyone's health or safety -- a problem of the "out of sight, out of mind" variety. Should you simply disclose it and leave the buyer to deal with the problem? Or should you fix it before placing your home on the market?
      Before making any decisions, consider that repairing the problem could result in a higher sales price. It's sweet music to any buyer's ears to hear the terms "new" or "just replaced" as they walk through a home.
      Think of it this way: A move-up buyer or transferee has a good idea of what it takes to operate a home. The goal here is to move in with the fewest costs and headaches, so making repairs in advance is a big selling point.
      For first-timer buyers the situation is



Who Says Concrete Has to Be Ugly and Boring?

It may not sound like the most decorative alternative, but concrete is becoming a popular choice for homeowners hoping to cut costs while still enjoying pleasing landscape. It is not, though, just any ordinary concrete that's being poured. Decorative/concrete overlay, concrete stamping, and acid staining are alternatives to the use of natural stones.

While the concept isn't new, it is increasingly becoming more popular due to the expensive cost of real stone. The look of concrete stamping, decorative overlay,






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Amy Miller, Realtor
E-mail: amendola@tampabay.rr.com
Web: http://www.floridarealestateadvisors.com
cell 727 421 4797
Fax 727-944 5391

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Office 727 375 7075 ext 209