Are the Holidays Happy for the Housing Market?

Traditional school of thought dictates that selling a home during the holidays is a bad idea. People are busy celebrating with their families and will hardly go shopping for a home, right? Not so!  There are numerous advantages to listing a home during this season and below are ten great reasons to put a home on the market now.

More serious buyers – Less time wasted

These are people who are interested in buying so there is a far greater chance of actually selling the property.  Nothing is more promising to a seller than a motivated and qualified buyer that knows what they want and is actively seeking to get it.

Fewer Homes On the Market

The less competition there is, the higher the chance there is for homes on the market to sell. Where during the peak season sellers might be dealing with some interest from buyers on their home, nonetheless there is more selection for buyers to choose from and they can stray to another property.

In January Inventory Increases – Chances of Selling Decreases

With so many homeowners assuming the holidays is a taboo time to sell there is a plethora of new listings in January, resulting in a diminished chance of your home selling.  Also, there is a risk that the price you may receive on the home can be less.

Decked Halls Look Great!

Homes are very appealing to prospective buyers when they are decorated for the holidays.  With all the festive décor, lights, greenery and added beauty of the season – the home shows very well and attracts buyers faster than if shown during other times of the year.

More Time To Browse Homes

Buyers have extra time off from work and are on vacation, which translates to a more aggressive buying pattern and more chances of your home being viewed.

More Emotional Buyers

Because of the high stress of the holidays, buyers tend to be more emotional during this time than in the summer months. A more emotional buyer will tend to pay more for a new property, so selling your home during the holidays could make you more money.

Show The Home With Flexibility

Sellers that have their home listed prior to the holidays have the added advantage to be able to “pause” the process so they can celebrate the holidays, essentially not showing the home during a period of time during the break.  When the festivities die down, things can pick up again and the seller has not only managed to save potentially lost time but can also jump right back into the market.
Transferred Employees
January is typically the month where employees are transferred into new position. In order to capture this demographic of buyers, your home must be on the market since these buyers cannot wait until the spring to buy.

Sell Now For More Money Then Delay Closing

Extended occupancy can be negotiated, leaving both parties the leniency to get through the holiday season and past the New Year so that all sides can rest assured the deal is done but it can follow through at a more convenient time.  For sellers this option is great because they are able to secure a higher selling price on the property before the market is inundated with new listings come January when the selling values drop.


Fewer Foreclosures On the Market

Many banks will suspend foreclosure listing during this time of year, especially on properties where there are still families occupying the home.  As a result of this, some of the competition that arises for sellers from low-priced foreclosures can be avoided during the holidays.

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Keep in mind that the idea of your home’s value increasing significantly over the next several months is a myth.  The truth is that housing values likely only go up when consumer income rises.  Pay rates increase at a rate of three to five percent each year and that is
about the maximum yearly increase we can expect to see in a home as well.  So if you are wondering whether or not to put your home on the selling market now, or to wait – one important factor is that waiting will not provide much benefit.

Outdoor holiday decorating safety tips for homeowners

Thanksgiving weekend is the perfect opportunity to decorate the landscape and exterior of your home for the holidays. If you plan to decorate this year, it's important to remember that doing so presents some fire and safety hazards.

According to the U.S. Consumer Product Safety Commission (CPSC), about 12,500 people go to emergency rooms to be treated for injuries, such as falls, cuts, and shocks related to holiday lights, decorations, and Christmas trees. Accidents do happen; but many are preventable if we just take some time and a few precautions while decorating outside.

1. Only use lighting sets and extension cords that are specifically made for outdoor use. They'll have the Underwriters’ Laboratories (UL) or Factory Mutual (FM) label.

2. Know how many sets can be strung together. It will usually be printed somewhere on the package, on a tag on the cord itself, or on a paper within the package. Usually, it's 3.

3. Before you start, check all light sets for fraying, aging, and heat damage and throw out sets that show any signs of damage. Always unplug lights before changing bulbs, replacing fuses or making any other repairs.

4. Always test your light sets before starting. Replacing broken and burnt-out bulbs is much easier on the ground than on a ladder or roof.

5. Connect sets of lights to an extension cord before plugging the cord into an outlet. Be careful not to overload extension cords.

6. Use hooks or insulated staples to hold lights in place. Do not use nails or tacks.

7. Never pull or tug lights to remove or disconnect them.

8. To avoid potential shocks, plug all outdoor electric decorations into circuits with GFI (ground fault circuit interrupter) protection.

9. Make sure to observe all safety precautions for the ladder. Know the weight limit restrictions. Avoid contact with overhead power lines when setting up your ladder. Make sure that it is set on solid ground. Have someone working with you to steady the ladder as you climb up or down.

10. Keep any connections between light sets and extension cords dry by wrapping them with electrical tape or plastic.

11. Check the wire on the Christmas lights occasionally to make sure that they’re not warm to the touch.

12. Always turn off all Christmas lights and decorations before going to bed or leaving the house. You can hook up a simple timer so you don't have to worry about forgetting.

For more holiday decorating safety tips, check the U.S. Consumer Products Safety Commission website. 

Holiday party cleanup tips

The holidays aren’t quite in full swing, and that means it’s time to start planning for holiday parties. As you probably already know, when you host a holiday get-together, the worst part is the cleaning, of course.

Here are some tips to help you with the chore that you face after the party.

Clean up the prep work

Starting with an empty dishwasher is always a good idea. Make sure to clean up the pre-party prep work before the party begins. As the party progresses you can load at least some items in your dishwasher. Out of sight, out of mind.

Keep the boxes

If you buy holiday dishes, glasses and tableware, make sure to keep the boxes handy for quick cleanup and storage.

Less is more

When it comes to party decorations, keep it to a minimum. Remember that banners, balloons, streamers and centerpieces add to what you have to clean up and put away later.

Cutting down on cleaning

If you plan to cook anything in the oven, line your pans with parchment paper and you can avoid having to scrub them after your guests leave.

Disposable

Sure, it's not as elegant, but if you're having an informal gathering, using disposable utensils and dishware means you'll have more going into the trash and recycling, but less going into the dishwasher.

Party favors/decorations

If you choose decorations that also serve as party favors, your guests will take them home!

Pick up while you party

Stay on top of the cleaning as the party goes on, but not to the point where you're not able to be social and enjoy your guests. Speaking of guests, one or two will ALWAYS volunteer to help you.

Plan for spills

Cleaning spills as soon as they occur - and they will - is important to keep them from setting in. A solution of white vinegar, dish soap and water in a spray bottle is a good, all-purpose cleaner.

Water rings

No matter how many coasters you have, you'll still end up with a water ring or two. Rub a dab of non-gel toothpaste onto the spot then buff with a clean cloth.

Tissue paper

Help prevent wrinkles when you travel; save gift-bag tissue to separate layers of clothing in the suitcase.

Ribbon

Save ribbon to tie clusters of silverware or hang ornaments.

My Amazing New Listing in Farmington

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Luxuries include two en-suite bedrooms where guests or family can stay and enjoy their privacy.  Add a second laundry, kitchen and walk out to that and they will feel like they are staying at The Ritz.

On the main floor you enjoy all the comforts of one level living with a formal foyer, living & dining room that opens up into a spectacular great room with a cozy fireplace and views that you will never want to leave.  For the cook in the family, the large windows and open floor plan will make you long to entertain or throw a party.

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Replacing the driveway: asphalt vs concrete

Whether you're building a new home or have made the decision to replace your existing driveway, you're going to face a decision as a homeowner: asphalt or concrete?

Although they are similar, the key differences will tell you whether you should choose asphalt or concrete. Here are the key points to consider what material your new driveway should be.

Price

Asphalt tends to be cheaper, but because it's made of oil, when the price of oil is high, the cost of your asphalt driveway will be more. That being said, asphalt is more cost-effective than concrete, which means it could be a better choice if your driveway is very long.

Weathering

Asphalt is more desirable in areas where it gets cold because it's less susceptible to cracking. Concrete offers advantages in warmer climates because it doesn't get soft like asphalt does.

Longevity

Concrete driveways can last as long as 50 years when proper maintenance is performed. Asphalt, on the other hand, will typically last about 30 years.

Staining

Concrete and asphalt are both prone to staining; however, any discoloration is much less noticeable on the asphalt because it's dark. The downside is that the oils in an asphalt driveway can be released and stick to the soles of your shoes, which can damage the carpet in your car or the rugs and furniture inside your home.

Aesthetics

Concrete comes in several decorative options. It can be stamped and can come in different colors. Asphalt comes in black.

Installation

Asphalt has the advantage over concrete. Asphalt driveways take about two days to install and you are able to drive on them the day after installation is complete. Installation of concrete driveways can take up to four days to install and you’ll have to wait 5-7 days after the installation is complete to drive on them.

A new driveway is not only functional, it increases the curb appeal of your home. When you make the decision to replace the driveway, make sure to check with the city codes administrator to determine what permits and licenses are necessary. Do your research before choosing a contractor and get several estimates before hiring one.

Why Selling a Home during the Holidays IS a Great Idea

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