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  • Home
  • About
    • Meet the Team
    • Testimonials
  • Sellers
    • Staging That Sells
    • Photography That Sells
    • Video That Sells
  • Buyers
    • Property Search
    • Featured Listings
    • Let Us Find What You Are Looking For
    • Get Pre-Qualified!
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    • About Central Iowa
    • Utilities Information
    • Local Vendors & Contractors
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buying and selling doesn't have to be hard.

10 Tricks for Hosting an Open House That Make Buyers Say “OMG, Wow!”

3/27/2020

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  • Your Open House and Getting That Wow Response illustration

    10 Tricks for Hosting an Open House That Make Buyers Say “OMG, Wow!”

    Here’s what you can do to get your home ready for its big reveal. Read

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Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®

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Quick Guide to Bathtub Options

3/25/2020

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  • Shauna Mailloux's refinished alcove bathtub

    Quick Guide to Bathtub Options

    Alcove or clawfoot? Acrylic or cast iron? Jets or no jets? Here’s our guide on how to buy a bathtub that’s right for your space — and your body. Read

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Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®

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Opportunity in the Luxury Market This Year

3/23/2020

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Opportunity in the Luxury Market This Year

Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment.
According to the January Luxury Report from the Institute for Luxury Home Marketing (ILHM):
“In a snapshot of 2019, despite pessimism at the start of the year, the last quarter showcased a strengthening, with an upswing in the luxury market for sales in both the single family and condo markets.”
Momentum is growing, and those looking to enter the luxury market are poised for success in 2020 as well. With more inventory available at the upper-end, historically low interest rates, and increasing average wages, the stage is set for buyers with an interest in this tier to embrace the perfect move-up opportunity.
The report highlights the increase in buyer activity in this segment, resulting in growing sales toward the end of 2019:
“According to reports from many luxury real estate professionals, the significant increase in number of properties bought at the end of 2019 versus 2018 is reflective of an early 2019 holding pattern.
Many of early 2019’s prospective luxury buyers held off while waiting to see how prices would react to new tax regulations and other policy changes. Buyer confidence returned in late spring and compared to 2018, above average sales were reported in the final quarter of 2019.”
With evidence of strong buyer confidence, this is great news, as more homeowners are building equity and growing their net worth throughout the country:
“Many homeowners are now diversifying their wealth, owning several properties rather than a single mega mansion. In addition, there have been an increase number of home purchases taking place in smaller cities, reflecting the rising number of people relocating from major metropolises. Their property equity wealth or ability to pay high rental costs have afforded them the opportunity to purchase luxury properties in…secondary cities throughout North America.”
With a strong economy and a backdrop set for moving up this year, it’s a great time to explore the luxury market. Keep in mind, luxury can mean different things to different people, too. To one person, luxury is a secluded home with plenty of property and privacy. To another, it is a penthouse at the center of a bustling city. Knowing what characteristics mean luxury to you will help your agent understand what you’re after as you define the scope and location for the home of your dreams.
Bottom LineIf you’re thinking about upgrading your current house to a luxury home, or adding an additional property to your portfolio, let’s get together to determine if you’re ready to make your move.
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In Closing: How to Seal the Home-Buying Deal

3/20/2020

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    In Closing: How to Seal the Home-Buying Deal

    Sign that paperwork. Write those checks. Get those keys! Read

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Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®

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Should I Buy a Home This Year?

3/16/2020

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6 Simple Steps to Assess the Real Cost of a Fixer-Upper House

3/13/2020

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  • Large red brick home with American flag and green grass

    6 Simple Steps to Assess the Real Cost of a Fixer-Upper House

    This will help you figure out how much to offer for a fixer-upper. Read

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Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®

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Kids' Rooms: Storage Solutions for Every Age

3/11/2020

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  • Magazine rack-style bookshelf for kids room

    Kids' Rooms: Storage Solutions for Every Age

    From babies who adore you to teens who ignore you, kids change — and so do their storage needs. Read

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Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®

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Entry-Level Homeowners Are in the Driver’s Seat

3/9/2020

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Entry-Level Homeowners Are in the Driver’s Seat

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020.
Why is this good news for the homeowners?When prices appreciate, homeowners gain equity. In addition, those planning to sell this year, especially in the entry-level market, can potentially earn a substantial profit.
Dr. Frank Nothaft, Chief Economist at CoreLogic, says:
“Moderately priced homes are in high demand and short supply, pushing up values…Homes that sold for 25% or more below the local median price experienced a 5.9% price gain in 2019, compared with a 3.7% gain for homes that sold for 25% or more above the median.”
As Dr. Nothaft indicates, the lack of inventory continues to drive home price growth. This means there’s a high demand for homes in this tier of the market, making it a great time to consider using your equity to move up to a bigger or more premium home.
When you upgrade your home, you may be able to find the amenities or features you’ve dreamed of – such as a yard to plant or garden in with your family this spring, or more outdoor space for entertaining this summer. Maybe it’s the master bath you’ve always hoped for, or a garage to finally park your car inside.
Whatever you choose, if you’re moving out of an entry-level house, you’re likely going to be in the driver’s seat as a seller.
Bottom LineIf you’d like to own a bigger home, let’s get together to discuss your situation. You may be surprised by the current value of your home and the equity you’ve gained.
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The Everything Guide to Buying Your First Home

3/6/2020

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    The Everything Guide to Buying Your First Home

    How to find exactly what you want, and how to work with the experts who’ll help you get it. Read

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Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®

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How Owning a Home Can Make You Happier

3/4/2020

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    With the correct person by your side, the buying and selling process doesn't have to be full of stress, doubt and anxiety - it can actually be FUN! Contact Jacquelyn Duke today to learn more.

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    Jacquelyn Duke, Realtor®
    Licensed to Sell in the State of Iowa


    Jacquelyn@SellingCentralIowa.com
    (515) 240-7483
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    Re/Max Concepts
    1360 SW Park Square Dr Ste 106
    Ankeny, IA 50023

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