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Many homeowners shore up their pocketbooks and homes for spring when the markets start to get hot. Just after the new year, buyers and sellers often make real estate resolutions about moving, buying new property or selling existing homes. When planning to take ownership of these resolutions, it helps to research the 2017 housing market predictions to figure out when to sell. Here are a few things to keep in mind.
If a family is living in the suburbs surrounded by urban amenities, it is a good thing for potential buyers. People look for the "best of both worlds," which provides for safe living conditions and access to fun options the city provides. Buyers are looking for suburban homes within steps of shops, restaurants, schools and parks.
Formal dining rooms and dark kitchen cabinets are out of style. Open concept layouts, white kitchens and first-floor master suites are just a few 'in' features buyers look for in a new home purchase for 2017. Even if a home does not feature these items, there is no need to worry. Additional value to the home can come from making minor renovations or changes.
Green homes are nothing new in the marketplace but the trend will likely continue to grow into 2017. Since many buyers are eager to save money on monthly energy bills, energy-efficient home features and 'smart' home systems are inching towards the 'needs' column on buyers' wants/needs lists. Some of the trends include:
Thinking about 'green' upgrades to the home can help determine which energy-saving features will provide the highest return on sale. Thinking through all of the above pointers will help give a good starting point when looking at some market predictions to give a buyer or seller a boost above the competition.
Choice Property real estate professionals are the best in the business. We can help you check off 'home selling' or 'home buyer' off that resolution list for 2017. Give our realtors a call to discuss the current market and value for your home or potential home. Let us help give you a leg up in the home buying or selling market!
