If you’re planning to sell your home this year.  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott states , you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things you should consider when deciding what to renovate and update before listing this season. Here are three things to keep top of mind as you’re making your list of projects to tackle this year. 1. The Number of Homes for Sale Is Very Low Housing inventory  sits far below what is normally considered a balanced market. In fact, according to the  National Association of Realtors  (NAR), the latest data indicates inventory is hitting an all-time low. Because there’s such a limited supply of homes available for sale, you’re in a unique position when ...

  Financial benefits   are always a key aspect of homeownership states  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott , but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you   own your home , you likely feel a sense of emotional attachment because of the comfort it provides, but also because it’s a space that’s truly yours. Over the past two years, we’ve learned to love our homes even more as we’ve stayed home more than ever due to the ongoing pandemic. As a result, the personal and emotional  benefits  our homes provide have become even more important to us. As the most recent  State of the American Homeowner  from  Unison  puts it: “Despite the upheaval and uncertainty of the past year, one thing has stayed the same:  the home continues to be of the utmost importance and a pla...

When you’re selling any item, you usually want to sell it for the greatest profit possible.  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott states.  That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list. 1. Demand Is Very Strong This Winter A  recent article  in  Inman News  explains: “Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’” And they aren’t the only ones saying buyers are already out in full force. That claim is backed up with data released last week by  ShowingTime . The  ShowingTime Showing Index  tracks the average number of monthly buyer showings on active residential properties, whi...

  If you’re looking to   buy a home , you may be wondering how your student loan debt could impact those plans states  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott . Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you the answers you’re searching for, let’s take a look at what recent data shows. That way, you know what to expect and what to do next to achieve your  dream  of becoming a homeowner. While everyone’s situation is unique, your goal may be more within your reach than you realize. Do you have to delay your plans because of student loans? If you’re worried your student loans mean you have to put your  homeownership goals  on hold, you’re not alone. In fact, many  first-time buyers  believe they have to delay their plans. According to  data  from the  Nati...

   In today’s sellers’ market in Prescott Arizona and across Arizona.  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott states , many homeowners are weighing their options and trying to decide if they should sell their houses. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move. However, recent data shows that time may already be here. According to the latest  Home Purchase Sentiment Index  (HPSI) by  Fannie Mae ,  76% of consumers believe now is a good  time to sell . Looking back over the past few years, it's clear consumers are incredibly optimistic today. The graph below shows the percentage of survey respondents who say it’s a good time to sell a house, and their positive outlook is on the rise. The big dip near the middle of the chart indicates how consumer sentime...