Tag Archives: seller’s market

Sell Your House Fast With These Tips


If you need to sell your current house before moving into a new one, you’ll want to do all you can to give it that extra edge. Even though we’re currently in a seller’s market, how well you prepare your house to sell can determine whether it sells in six days or six months.

San Antonio RE/MAX realtor, Juan Medina, says there are only two things that will keep your house from being sold – price and condition. When it comes to the condition of the house there are several things that a realtor and home buyer looks at when they first step in your front door.

Here are some tips to help get your house ready to sell as quickly as possible:

  1. Walk through your house as if you were a new buyer or, better yet, have some new friends come over and walk the house with you. Make a list of anything that stands out – things that might need to be repaired, touched up or removed.
  2. It’s likely you will be staying in your old home while you’re trying to sell it. If this is the case, you will want to pack away any unnecessary nik-naks, family photos and other clutter. You want any potential home buyers to be able to visualize themselves in your house, not feel like they’re just visiting someone else’s. Staging is key.
  3. Upgrade outdated or dying appliances.
  4. Give the house a fresh coat of paint if necessary.
  5. Lighting can make all the difference. Take down any drapes and let the sunshine in. Change out worn lampshades and install soft bulbs wherever possible to give the rooms a warm, cozy feel that bright white light just can’t offer.
  6. Wash the windows until they’re sparkling. This may seem tedious, but the cleaner and fresher a house looks, the more appealing the house will be to a potential home buyer.
  7. When showing the house, make sure your pets or any semblance of your pet’s existence is hidden. Put away the food and water bowls as well as any toys. This goes for kid’s toys as well.
  8. The kitchen is one of the most important rooms in any home, and it’s key that simple upgrades such as wall paint and cabinet hardware be implemented. Keep in mind, even one high-end appliance can entice a buyer.
  9. If the house has carpet, make sure to have it professionally steam-cleaned. Don’t just settle on renting a steam cleaner from HEB. You want the carpet as pristine as possible. If you have wood floors, polish them until they shine.
  10. Although upgrades are generally a good idea, you want to avoid any major make-overs that will cost you an arm and a leg and might raise the price-point of the house to a level that isn’t realistic for your neighborhood.
  11. When showing, light yummy-smelling candles throughout the house. This may seem like a small detail, but you’d be surprised how much influence a good-smelling house can have.

Before you sell your old house, let us plan your new one! Give us a call at 210-494-5400 to set up a free consultation. If you wish to be added to our private email list for our newsletter, please sign up here.


Mid-Year Market Update

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Nationwide, the housing market is still very strong, with new home and existing home sales being consistently steady all year. Now that we’re hitting the mid-way point, we thought we’d check in and see just where we’re at, both nationwide and in San Antonio. Here are some highlights:

-          U.S. existing home sales just hit a 9-year high, according to CNBC. Chief economist, Mark Fleming, says the property market is close to its full potential.

-          Unfortunately, new home sales dropped 6% in May, but we’re thankfully not seeing those same numbers in San Antonio.

-          The National Association of Realtors just released that the median national home price across America just hit $239,700 for homes sold in May, which is the highest since they began tracking it in 1968. The state of the housing market indicates that while the market is recovering nicely, the biggest hurdle is housing affordability. Those in the Midwest are seeing more affordable housing markets due to supply, but not surprisingly, housing costs in areas like Orange County are rising faster than a runaway bull. We are also seeing markets across Texas exceeding peaks from 2006. Can you guess which ones? As suspected, it’s Dallas and Austin, and that’s because in Texas we didn’t see home prices fall as far during the crash.

-          According to the San Antonio Board of Realtors, we are still one of the nation’s most affordable large metropolitan area home sales markets. Chairman Bob Jacobs recently said, “Our average and median sales prices continue to see some growth each month, but at a manageable pace that keeps our city affordable and stable.  We expect this trend to continue throughout the summer.”

-          Good news for home buyers! The average sales price data indicates a slight slowing down in the dramatic price increases chalked up in 2015 (10%) and 2014 (4%).  If the trend continues until July, end of the home sales high season, it might be an indicator that San Antonio’s long seller’s market may be ebbing.

We’re incredibly grateful to live and work in the San Antonio area! If you don’t and would like to, consider a custom home designed specifically for you and your family. Our focus is on providing impeccable customer service and quality. We care about bringing your dreams to life! Call us at 210-494-5400 for a consultation. If you wish to be added to our private email list for our newsletter, please sign up here.