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Real Estate | BrickDriven Realty Blog

Friday, March 17, 2023   /   by Shane Kilby

2 Ways To Sell Your Home Fast

These are the two main ways you can sell your home as fast as possible.

Do you need to sell your home ASAP? There are plenty of reasons why a homeowner might need to sell their home immediately, whether they changed jobs, need their equity, or just want to skip the hassle of a sale. Whatever your reason is, what can you do to spend as little time selling your house as possible? 

Home sellers who need to move quickly have two main options: using an all-cash offer program or listing with an agent who knows how to sell fast. 

All-cash offer programs have no strings attached; they’ll take your home off your hands before you can blink. You don’t have to worry about long waiting periods, inspections, showings, appraisals, or anything else that might gum up a sale. Around 87% of buyers finance their home purchases, and while there’s nothing wrong with that, it leaves a lot of room for things to go wrong. An all-cash offer lets you skip the hassle e ...

  real estate, home selling

Friday, January 20, 2023   /   by Shane Kilby

Your Guide To Turning Your Home Into a Rental

Should you sell your primary residence or turn it into a rental property?

If you’ve been paying attention to the news, you know that inflation is high and the cost of living is increasing almost everywhere. At the same time, home values are increasing, and property taxes are rising with them. If you want to make a wise real estate decision in this environment, what should you do?
There are two main ways for homeowners to get value out of their current properties. First, you can sell the home and get your equity out of it. However, a less conventional strategy is becoming more popular in our area: converting your primary residence into a rental.
How do you do that? First, you need to speak with your lender if you haven’t paid off your mortgage. You typically can’t use a primary residence loan for investment purposes, so you may have to change the terms of your mortgage or wait until it is paid in full. Also, you must have lived in your home for at least 12 ...

  real estate, home selling

Friday, January 6, 2023   /   by Shane Kilby

What You Should Know About Our Slowing Market

Why our housing market is slowing and how it affects your home.

With the recent interest rate hikes, everyone wants to know if the market is slowing. Yes, the market is slowing down some, but it is still a good time to sell.
The number of homes on the market slightly increased. At the same time, buyer demand also decreased. There are a few main reasons why we’re seeing this change. 

First, the Federal Reserve has been fighting inflation by raising rates, which has made it harder for buyers to afford homes. Second, we’re also seeing a change with newly-built homes due to altered zoning laws and code changes.
"The market might be slowing, but it’s still a good time to sell your home."
How does all of this affect your home? The drop in buyer demand has already led to immediate changes like fewer offers on properties. Home prices are still increasing, but some experts predict that prices could flatten soon as inventory increases and d ...

  real estate, market update

Tuesday, November 8, 2022   /   by Shane Kilby

What Market Opportunities Are Waiting for Buyers?

Three things about the current market that buyers should take advantage of.

With all the news of the recession, changing mortgage rates, and rising inflation, are you wondering if it’s a good time to buy a home? The truth is that today's housing market isn't a challenge; it’s an opportunity. Here are three reasons why you should still consider buying a home today:
1. The intensity of bidding wars is easing up. Month over month, the data shows the number of offers on recently sold homes is declining. That's good news if you've been outbid previously, or you’re just tired of dealing with the frenzy and the crazy market.
2. Fewer homes are selling for over asking price. While it's still a very competitive market, the percentage of homes that have sold over list price recently has declined. 

3. The supply of homes for sale is increasing. That means you have more options to choose from in your home search. 
If you're thinking about buying ...

  real estate, home buying

Wednesday, October 5, 2022   /   by Shane Kilby

The Seller’s Guide To Pricing Your Home

This is why pricing your home correctly for the market is so important.

Overpricing your home could be a grave mistake in today's shifting housing market. Most sellers we work with want to maximize their sale price, minimize the hassles, and sell their homes as quickly as possible. While we’re still in a seller’s market, however, things have changed from just a few months ago. We need to consider how to best price your home based on where we are currently.
"Hitting the bullseye with the price is what our agents specialize in."
When you price a home at market value, you will help boost the interest in your home so that you can attract more buyers. By increasing the demand for that property, you will also help maximize your sale price. Plus, when your home's price is right, it will sell faster! A faster sale means less holding cost and more profit in your pocket.

That’s why you don’t want to overshoot your target price. If you price your h ...

  real estate, home selling