#1 Reason To List Your House In Winter

#1 Reason To List Your House In Winter

There’s a myth many home sellers believe, and that is you should wait until Spring to put your home on the market. In fact, you should do the opposite and list in the Winter. Selling in the Winter have a greater advantage in terms of the type of buyers they attract, marketing and more. Here are the top 10 reasons that debunk the myth to wait to list for warmer weather and why Winter is the time to sell in Lafayette Indiana! The #1 reason to list your house in the winter: Less competition. Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. As you can see, the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months (November – January). Here are the other 9 reasons to list your home in winter…. 2. Corporate transfers. Statistically, January & February are the highest months of the year for corporate employees transferring and relocating. This makes listing during the Winter months and opportune time. 3. Non-contingent buyer. If you’re looking to buy, then you’d want to be able to sell now because by the time Spring arrives you have the opportunity to be a non-contingent buyer. Which means that if you find the home you love, you’ve already sold your current home and you won’t have to wait until you find a Spring Buyer. In addition, because more homes are for sale during the Spring, this could drive down market prices meaning you have the ability to sell high and buy low. 4. Low interest rates. Interest rates...
Preparing For A Showing

Preparing For A Showing

If you really want to sell your Lafayette Indiana home fast, you should be ready for anything. There will be times when showings will happen at a moment’s notice. So, make sure to use the below advice and maintain your home in its staged appearance at all times. Apart from preparing your house for the open houses and showings by de-cluttering, cleaning, and ​home staging, there are various last-minute things you can do to make your property stand out from the rest. Here are 20 of The Romanski Group’s top recommendations that include getting rid of clutter, hiding family photos, cleaning out closets, removing excess or oversized furniture, and cleaning…. Clean, clean, clean. Dust on top of the fireplace mantle and fan blades, polish your appliances and faucets, and give the windows a thorough washing. Make all beds and have towels hung nicely in all bathrooms. If you’ve already moved out or if you’re too busy to stay on top of things, consider hiring a cleaning service.Pay attention to smells. Be cautious of what you are cooking in your home the day prior to a showing. Smells linger for a long time and can prevent a potential buyer from wanting to stay in your home. Clear out the clutter. You want buyers to focus on how awesome your space is, not how messy it looks. Banish that piles of shoes from the entry, get rid of nearly everything on kitchen and bathroom counters; that stack of mail from the kitchen table and anything else that detracts from your home’s features.Repaint the walls neutral colors. As much as you love your dramatic purple dining...
375 N Monroe Street, Camden Indiana

375 N Monroe Street, Camden Indiana

Charming 2 story home in Camden located on a quiet street close to parks and school. This house offers three bedrooms with 1,700 square feet plus a basement that offers additional storage space.   You’ll find character throughout the home with 9.5 foot ceilings, natural woodwork, thick trim, and large wooden doors. Abundant natural light fills the spacious living room with attached porch. The spacious kitchen with stainless steel appliances is open to the large dining area. There is an attached garage with space for 4 cars or tons of extra storage! Recent updates include: New flooring and appliances in 2016, NEW A/C, updated electrical, and insulation. New Furnace in December 2017. The privacy fenced yard is a great place to unwind in the evenings or you might enjoy grilling out with family and friends in the backyard.  It also offers plenty of space to add a fire-pit; garden and more! Camden is located 35 minutes from Lafayette or Kokomo and less than 15 minutes to Delphi. This home is located within located in great proximity to many things including the elementary school, community park, post office and more. Contact The Romanski Group for more information 765.293.9300 or click below: For up-to-date information on YOUR Indiana area neighborhood or a FREE Seller Consultation – call The Romanski Group at (765) 293.9200.  Using an experienced team is the way to get your home ‪SOLD‬! You deserve the BEST Realtor in the Lafayette Indiana...
Home Sales Expected to Continue Increasing In 2020

Home Sales Expected to Continue Increasing In 2020

With a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Freddie Mac, Fannie Mae, and theMortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020. If you’re a homeowner who has considered selling your house recently, now may be the best time to put it on the market. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown flattening or even reversing course in the coming months and expect the housing market to continue coming into balance. In the meantime, buyers are likely claiming some ground from what has been seller’s territory over the past few years. If mortgage rates stay low, wages continue to grow, and inventory picks up, we can expect the U.S. housing market to further stabilize throughout the remainder of the year.” Lawrence Yun, Chief Economist at NAR “We expect the second half of year will be notably better than the first half in terms of home sales, mainly because of lower mortgage rates.” Freddie Mac “The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchase demand is up five percent from a year ago and has noticeably strengthened since the early summer months…The benefit of lower mortgage rates is not only shoring up home sales, but also providing support to homeowner balance sheets via higher monthly cash flow and steadily rising home equity.” In Summary The housing market will be...
‘Black Friday’ of Homebuying

‘Black Friday’ of Homebuying

“Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is there a ‘Black Friday’ for the home-buying process? Believe it or not, there is. According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers. After evaluating housing data in 53 metros from 2016 to 2018, realtor.com determined that the first week of fall is when buyers “tend to find less competition, more inventory, and the biggest reductions on list price.” The report explains, “During the first week of fall, buyers tend to face 26% less competition from other buyers, and they are likely to see 6.1% more homes available on the market compared to other weeks of the year…nearly 6% of homes on the market will also see price reductions, averaging 2.4% less than their peak.” What’s so different about the first week of fall? George Ratiu, Senior Economist with realtor.com says, “As summer winds down and kids return to school, many families hit pause on their home search and wait until the next season to start again…as seasonal inventory builds up and restores itself to more buyer-friendly levels, fall buyers will be in a better position to take advantage of today’s low mortgage rates and increased purchasing power.” Learn more about how prices, listings, and buyer competition stack up during the first week of fall in your metro area. Bottom Line If you...
Under Contract in a Matter of Days!

Under Contract in a Matter of Days!

Under Contract in a Matter of Days    When the market is hot & the home is priced right, there’s no telling how quickly it will sell!   Inventory is low, the market is on fire, therefore, it’s time to sell! We are definitely experiencing a seller’s market right now, especially in Lafayette/West Lafayette, and surrounding areas. Open houses have been busy and bustling from the moment the door unlocks and some of the homes listed below have had multiple offers with buyers willing to pay list price or MORE! BUYERS First of all, we are in the season of “bring your highest and best” so use a real estate agent who has YOUR best interests at heart. Furthermore, they should know the market, and understand the value of the home you are shopping for. – Bring your highest & best offer when given the opportunity. – Don’t get upset if you don’t get the first house you submit an offer on. – Get pre-approved & know EXACTLY how much you’re willing to spend. – Visit homes the DAY they hit the market so you don’t miss out. – Be patient with the process & your agent. SELLERS Looking to sell or even considering it? Make sure you talk to someone who knows the market, takes on new listings weekly, and knows how to price homes to sell. – Hire an agent who not only knows the value of your home AND homes in your area. – Since photos are so important, decluttered before the shoot. – Neutral colors help potential buyers see THEIR furniture in your home. As a result, you should probably paint that neon pink wall....