Beljajev Real Estate

04/07/2023

An update on the current Real Estate Market.

Homeownership Is a Hedge Against Inflation

Homeownership is a hedge against inflation. Let’s connect if you’re ready to start the homebuying process.

04/06/2023

An update on the current Real Estate Market.

Trying To Buy a Home? Hang in There.

There are some benefits to being a buyer in today’s market that give you good reason to stick with your search. Here are a few of them.

>>Long-Term Benefits Outweigh Short-Term Challenges

Owning a home grows your net worth – and since building that wealth takes time, it makes sense to start as soon as you can. Freddie Mac puts it this way:

“Homeownership not only builds a sense of pride and accomplishment, but it’s also an important step toward achieving long-term financial stability.”

The key there is long-term because the financial benefits homeownership provides, like home value appreciation and equity, grow over time.

>>Mortgage Rates Are Constantly Changing

Mortgage rates have been hovering around 6.5% over the last several months. However, as Sam Khater, Chief Economist at Freddie Mac, notes, they’ve been coming down so...

We’re still in a sellers’ market.

04/05/2023

An update on the current Real Estate Market.

Why Aren’t Home Prices Crashing?

There have been a lot of shifts in the housing market recently. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.

Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at the national level. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), doesn’t expect that to change:

“[H]ome prices will be steady in most parts of the country with a minor change in the national median home price.”

You might think sellers would have to lower prices to attract buyers in today’s market, and that’s part of why some may have been waiting for prices to come crashing down. But there’s another factor at play – low inventory. And accor...

There have been a lot of shifts in the housing market recently.

04/04/2023

An update on the current Real Estate Market.

Two Reasons You Should Sell Your House

Wondering if you should sell your house this year? A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year.

Let’s break those reasons down and explore how they might resonate with you.

>>1. I Want To Take Advantage of the Current Market and Make a Profit

When you decide to sell your house, how much you’ll make from the sale will likely be top of mind. So, here’s some good news: according to the latest data, the average seller can expect a strong return on their investment when they make a move. ATTOM explains:

“The $112,000 profit on median-priced home sales in 2022 represented a 51.4% return on investment compared to the original purchase price, up from 44.6% last year and from 32.8% in 2020.”

Even though home prices have declined slightly in some markets, they’re still much h...

Wondering if you should sell your house this year? 

04/03/2023

An update on the current Real Estate Market.

Why a Smaller Home May Be the Best Fit

Are you a homeowner starting to plan where you’ll live when you retire? Let’s connect to explore today’s downsizing opportunities so you can better understand your options.

03/31/2023

An update on the current Real Estate Market.

Facts About Closing Costs [INFOGRAPHIC]

If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. DM me so I can answer your questions about the homebuying process.

If you’re thinking about buying a home, be sure to plan for closing costs.Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.

03/30/2023

An update on the current Real Estate Market.

We’re in a Sellers’ Market. What Does That Mean?

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?

It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers.

>>What Does This Mean for You?

When the supply of homes for sale is as low as it is right now, it’s much harder for buyers to find one to purchase. That creates increased...

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.

03/29/2023

An update on the current Real Estate Market.

4 Key Tips for Selling Your House This Spring

Spring has arrived, and that means more and more people are getting their homes ready to sell. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips:

>>1. Make Sure You Give Buyers Access
In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’ access to view it. If it’s not accessible, it could cost you by sitting on the market longer and ultimately selling for a lower price.

>>2. Make Your Home Look as Good as Possible on the Inside
For anything to sell, especially your home, it must look inviting. Your real estate agent can give you expert advice on ideal staging for your home. Even updating a room with fresh paint, steam cleaning carpets, or removing clutter from the garage can make a big impact.

>>3. First Impressions Matte...

Spring has arrived, and that means more and more people are getting their homes ready to sell.

03/28/2023

An update on the current Real Estate Market.

How Homeownership Is Life Changing for Many Women

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.

>>Why Is Homeownership So Important to Women?

The rise in women pursuing homeownership hasn’t just made an impact on the housing market. It’s also been an asset for those buyers and their households. That’s because homeownership has many benefits, both financial and personal.

On the financial side, housing proves to be the key to building wealth for single women. Ksenia Potapov, Economist at First American, says:

“For single women, housing has always made up a large share of total assets. Over the last 30 years, the average single woman’s wealth has increased 88%...

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. 

03/27/2023

An update on the current Real Estate Market.

Get Ready: The Best Time To List Your House Is Almost Here

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.

Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:

“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”

>>Work with an Agent To Determine Which Updates To Make

Start by prioritizing which updates you’ll make. In February, realtor.com asked more than 1,200 recent or potenti...

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. 

03/24/2023

An update on the current Real Estate Market.

Have You Thought About Why You Might Want To Sell Your House? [INFOGRAPHIC]

If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you. If you find your home no longer meets your needs, it may be time to sell. You have a lot to consider when deciding if you should move. DM me today to go over the benefits of selling your house.

If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.If you find your home no longer meets your needs, it may be time to sell.

03/23/2023

An update on the current Real Estate Market.

The Current Housing Shortage Helps Keep Home Prices from Crashing

The current housing shortage helps keep home prices from crashing. To learn about home prices in our local market, let’s connect.