Wednesday, July 14, 2021 / by Peter + Traci Prantner
The number of new listings is up 6% over last month and 3.5% over this time last year. There are more houses coming on the market now, which is a great thing for buyers. There is still a lot of buyer competition though, as the days on market has decreased to just 22 days.
Here are some quick statistics for Osceola, Polk, and Orange counties.
This is comparing June 2020 to June 2021. The number of houses sold did increase 5% from the prior year. Because of the high interest in buying and a lack of houses for sale to support the demand of buyers, the average price of houses has continued to increase by 36% compared to this time last year. Houses sold in June 2021 on average sold at or above list price. Even though demand is high and therefore prices are increasing, it is still super important to list a house for a fair market value and not over price it! Houses that don't show well or are overpriced STILL DO NOT SELL and are sitting on the market! These houses still r ...
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. ...