When we welcomed the first day of Spring this week, I was psyched about how fortunate we are to enjoy this beautiful, sunny weather in Florida. And then that much-needed rain came the day after, and I was reminded of how every everything around us is in a constant cycle of rebirth.
This is the perfect time to plant seeds in our gardens. But it also is the time of year that home sellers and home buyers should plant the seeds that will grow a successful real estate transaction. Judging by how busy THE Gail Spada TEAM has been lately, the Hernando County housing market appears to be experiencing its own cycle of rebirth.
Homeowners who have been sitting on the fence about placing their home on the market should understand that now is one of the best times of the year to make their move. The time is ripe for increased interest from homebuyers, especially those moving to Florida from Up North, and for those who have families and are timing their relocation to accommodate students’ summer vacations.
Also, sellers in this market who are facing deadlines to hit the road in early summer are more likely to be flexible with their asking price. So, buyers can benefit from this seasonal surge, too.
The home inventory is fertile in Brooksville and Spring Hill. That makes for stiff competition among home sellers, and great opportunities for homebuyers. But it doesn’t mean sellers should undervalue their homes, or that buyers should expect sellers to accept low-ball offers. A good home deserves a fair offer. As the housing market and the economy continue to make small, but steady gains, that balance will become more evident.
Record-low home mortgage rates and job growth are two important statistics that both buyers and sellers should keep on their radar. The American dream is still within reach for qualified buyers, both first-time homebuyers and baby-boomer retirees who are looking to sell their home and downsize for retirement.
But home sellers who just sit back and wait for opportunity to knock on their doors are at a disadvantage. Like any successful venture, it requires planing and initiative:
- Step two is setting a realistic price for your home.
- Step three is making sure your home will stand out in the market by making repairs and paying attention to your oh-so-important curb appeal.
So, if you’re a home seller who is ready to roll up your sleeves and get busy, here is a five-point Spring cleaning checklist:
- Call a reputable heating and air conditioning professional and have him take a look at your unit. Hopefully there will be no problems, but if there are, fix them. Make sure you receive a written receipt for the inspection or repairs and share it with your REALTOR.®
- If you have a pool, have the motor, pump and filter checked. Again, obtain a dated receipt of what was done.
- Clean your rain gutters. They probably are packed with leaves and sediment from our Florida winter.
- Pressure-wash your driveway, sidewalks and pool lanai. Mildew and stains are unsightly and unhealthy.
- By all means, go down to your favorite landscape nursery and pick up some colorful plants and flowers. The brighter the better! (You already know they need to be visible from the front of the house, but don’t forget to put a few in the back yard and or your lanai.) Carrying the floral theme from start to finish helps pull together a house for showings.
This is one of the busiest times of year for the residential housing market. Home sellers should make every effort to put their best foot forward — and some Spring in their step!
THE Gail Spada TEAM hopes you have found this information useful. Your feedback is encouraged. Until next time, please remember our pledge: When it comes to buying or selling property in Hernando County, we make sure … it’s all about YOU!