Wednesday, June 16, 2021 / by Katie Sievert
I wanted to talk to you today about some stunning facts that I have heard this week. 49% of all agents that hold a license nationwide have not sold a single house this year. 24% of agents that have a license and have not sold or have only sold one to three houses this year. That means 73% of real estate agents that hold a license have not sold more than three houses this year. So, I started looking at what we have been doing that is different. Peter and I have sold 10 houses so far this year. That is the number of houses we sold in all of 2020. Already in five months we have met that and got another house under contract yesterday so we will certainly exceed that. I wanted to take a few minutes to talk through what makes us so different. So first off, this is a career for us so this is our full-time job. Although it is our business, it is something we are passionate about. The second thing is we are very adamant about living a life of honesty. We look to do the right thing for all partis ...
Wednesday, June 9, 2021 / by Katie Sievert
A few months ago I reached out to some friends to help make some updates for my house and was tired of all the shops I was going to for new home decor. I reached out to my friends and asked where their favorite places were to go shopping. I thought I would share those places with you. Some of the more national brands were TJ Max, Marshalls, Home Goods, Hobby Lobby, and Wayfair. All of those came up many times. At Home is one of my favorite places to go. Kirkland's which is a little less popular now, at least if you are not as local to the Orlando area. Adjectives and Small Woods also came up which are places that I am not familiar with so I will definitely be checking those places out. As far as local places to the Orlando area, certainly, local antique stores are great. We have a ton of them here but that also applies to wherever you are. Trader Mae's is another place. Another place that came up that I have not gone to yet but sounds very interesting is a place called Saturday Models./ ...
Wednesday, June 2, 2021 / by Katie Sievert
Today I want to talk about the pros and cons of an HOA. As we have work with more clients from out of town, I reflect back on when we had an HOA versus when we did not. Most Florida homes have an HOA or Homeowners Association. One of the biggest cons of an HOA is that you are limited to specific bylaws, rules, and regulations like things you can’t park at your house or in your driveways such as a boat, RV, or commercial vehicle. Some HOA’s only allow certain types of fences or animals. On the flip side, it keeps the neighborhood uniform so paint can’t paint their houses pink or purple and can’t put fences in their front yard. These rules help keep the value of the house. It also helps with regulating common areas. When we lived in Virginia, we lived in a neighborhood that did not have a homeowner’s association. It was very unusual to have an HOA in that area. We had a drive run into the marquis sign at the front of our neighborhood and ruined the sign. Wel! ...
Wednesday, May 26, 2021 / by Katie Sievert
Today I wanted to talk candidly and unscripted about what life is like in the eyes of a buyer right now. You have probably heard how hard it is to find a house right now. When you do find a house that you like, there are multiple other contracts. It's no joke right now. There are lots of buyers and a shortage of sellers. We are down twenty to twenty-five listings compared to what we typically have in the central Florida area this time of year. I think there are sellers that are a bit skittish to list their house because they’re thinking the same things as other buyers: where do I go now, how do I know that I’ll be able to buy a house? There are different things that can be written into the contract and strategies to use. I put together a list of about fifteen that can be used for sellers that are looking to either upgrade or downgrade their housing. For buyers today, there are houses that are priced just right. Especially if it is being listed on a weekend it will be sold b. ...
Sunday, November 15, 2020 / by Katie Sievert
The number of new listings on the market is down slightly over this time last year. Interest rates continue to be low but are starting to creep up. The combination makes it a great time to buy and a great time to sell, as it costs less to buy and there is limited inventory on the market. If you aren't interested in buying or selling, now would be the time to consider refinancing.
Here are some quick statistics for Osceola, Polk, and Orange counties.
This is comparing October 2019 to October 2020. The number of houses sold did increase 16% from the prior year. The average price of a house also increased by 16%. The average days on the market for sold listings is almost a week less than this time last year. Houses sold in October 2020 on average sold for 7% less than the list price. It is still super important to list a house for a fair market value and not overprice it!
The number of new listings increased in 2020. ...