weston fl homes for sale: DOES IT MAKE SENSE TO BUY A HOME RIGHT NOW? - 03/25/24 10:20 AM

Thinking about buying a home? If so, you're probably wondering: should I buy now or wait? Nobody can make that decision for you, but here's some information that can help you decide.
What’s Next for Home Prices?Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and investment and market strategists—what they think will happen with home prices.
In the latest survey, those experts say home prices are going to keep going up for the next five years (see graph below):
 
 
Here’s what all the green on this chart should tell you. They’re not expecting any price declines. Instead, … (4 comments)

weston fl homes for sale: FINDING YOUR PERFECT HOME IN A FIXER UPPER - 03/11/24 09:41 AM

If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great option if you’re looking to break into the housing market or want to stretch your budget further. According to NerdWallet:
“Buying a fixer-upper can provide a path to homeownership for first-time home buyers or a way for repeat buyers to afford a larger home or a better neighborhood. With the relatively low inventory of homes for sale these days, a move-in … (2 comments)

weston fl homes for sale: IT'S TIME TO PREPARE YOUR HOME FOR A SPRING LISTING - 02/19/24 06:02 AM

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it'll be important to make sure your house shines bright among the competition.
Here are some valuable tips you can use to get your house market-ready.
Declutter and OrganizeFirst impressions matter, and if your house is a mess, that can easily turn off potential buyers. Before listing, take the time to declutter and organize each room. Decluttering is about more than just tidying up – it's about creating a sense of space and openness that allows potential buyers … (3 comments)

weston fl homes for sale: KEY REAL ESTATE TERMS EVERY HOMEBUYER SHOULD LEARN - 01/22/24 12:31 PM

Some Highlights Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. If you want to become a homeowner this year, it's a good idea to learn these key housing terms and understand how they relate to the current housing market. That will help you feel confident when you buy a home. Let’s connect so you can get expert help with any questions you have.
  
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weston fl homes for sale: TRYING TO BUY A HOME? REASONS TO KEEP TRYING - 04/09/23 03:40 PM


We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, 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 ChallengesOwning a home grows your net worth – and since building that wealth takes time, it makes sense to start as soon as you can. If you wait to buy and keep renting, you’ll miss out … (4 comments)

weston fl homes for sale: BE PREPARED FOR CLOSING COSTS WHEN HOME BUYING - 03/15/22 09:02 AM
 
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard when it’s time to close on your home.
What Are Closing Costs? One possible reason some people are surprised by closing costs may be because they don’t know what they are or what they cover. According to U.S. News and World Report:
“Closing costs encompass a … (4 comments)

weston fl homes for sale: 4 TIPS TO PREPARE YOUR HOME FOR SALE THIS FALL - 10/05/21 01:13 PM

Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment.
Here are four simple tips to make sure you maximize the sale of your house this fall.
1. Price it Right  One of the first things buyers will notice is the price of your house. That’s why it’s important to price it right. Your goal in pricing your house is to draw attention from competing buyers and let bidding … (2 comments)

weston fl homes for sale: IS IT TIME TO MOVE TO A NEW HOME? - 09/20/21 10:59 AM

If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.
To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says:
“People who move for home-related reasons … (1 comments)

weston fl homes for sale: HERE'S ANOTHER WAY OF LOOKING AT HOUSING AFFORDABILITY - 09/13/21 01:04 PM

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case.
Today’s buyers are spending approximately 20% of their income on their monthly mortgage payments. According to The Essential Guide to Creating a Homebuying Budget from Freddie Mac, the 20% of income that purchasers are currently paying is well within the 28% guideline suggested:
“Most lenders agree that you should spend no more than 28% of your gross monthly income … (0 comments)

weston fl homes for sale: IS IT TIME TO SELL THE SUMMER HOME? - 08/24/21 08:06 AM

As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021.
If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year.
1. Remote work continues to drive demand for vacation homes. As the report from NAR says, based on continuously evolving work needs, there could be more interest in your second home than you think:
“In 2020, across … (0 comments)

weston fl homes for sale: WITH RENTS ON THE RISE...IS NOW THE RIGHT TIME TO BUY? - 08/03/21 09:20 AM

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes:
“Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than 1% from month to month. In May and June, rents increased by 3.0% and 3.2% from each month to the next.”
If you’re a renter concerned about rising prices, now may be the time to consider purchasing a home.
Monthy Rents Are Higher Than Monthly Mortgage Payments
When you weigh your options … (0 comments)

weston fl homes for sale: FOUR MAJOR INCENTIVES TO SELL THIS SUMMER - 07/14/21 07:17 AM

While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move.
1. You House Will Likely Sell Quickly  According to the most recent Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly. The report notes homes are selling in an average of just 17 days.
Average days on market is a strong indicator of buyer competition, and homes selling quickly is a great sign for … (0 comments)

weston fl homes for sale: THE HOUSING SHORTAGE - 06/15/21 03:00 PM
 
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below that threshold means we’re in a sellers’ market. Today’s inventory level sits far below the norm.
According to the Existing Home Sales Report from the National Association of Realtors (NAR):
“Total housing inventory at the end of April amounted to 1.16 million units, up 10.5% from March's inventory and down … (0 comments)

weston fl homes for sale: IS IT TIME TO SELL THE SECOND HOME? - 06/07/21 07:15 AM

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight.
Zelman & Associates recently reported that sales of primary residences grew by 9% in 2020. That increase in demand was met by the lowest supply of homes for sale in history. High demand and low supply caused prices to skyrocket over the past twelve months. Here are three home price indexes released most recently … (1 comments)

weston fl homes for sale: FEB. 2021 SINGLE FAMILY HOME SALES DATA BROWARD COUNTY, FL. - 03/18/21 09:00 PM

The most recent sales statistics for single family homes in Broward County, FL are out. Following are a few key statistics:  1,243 single family home sales closed in February 2021 compared to 1,004 in 2020; the median price of a single family home is now $433K versus $385K in 2020 and the number of new listings was virtually unchanged in Feb. 2021 compared to Feb. 2020.
 
There are two measures to gauge how quickly homes are selling: Days on Market (time between listing the property & going pending) and month's supply of inventory. Both of these measures were significantly lower in Feb. … (3 comments)

weston fl homes for sale: REQUEST MY SPRING 2021 HOME SELLING & HOME BUYING GUIDES - 03/15/21 09:42 AM

Click on the image above to watch my video.
If you've been thinking of home selling or home
buying this Spring season or in the next 3
months, Call or Text me at 954-610-7864 & I'll
send youmy Spring 2021 Home Selling & Home
Buying guides to you right away. 🙂
 
(0 comments)

weston fl homes for sale: HOW TO MAKE A WINNING OFFER FOR A HOME - 03/15/21 09:17 AM

Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the homebuying process.
1. Listen to Your Real Estate Advisor
An article from Freddie Mac gives direction on making an offer on a home. From the start, it emphasizes how trusted professionals can help you stay focused on the most important things, especially at times when this process can get … (0 comments)

weston fl homes for sale: IS IT SMART TO BUY A HOME TODAY? - 03/03/21 11:02 AM

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move.
However, there’s one category that provides a simple answer. When deciding to buy now or wait until next year, the financial aspect of the purchase is easy to evaluate. You just need to ask yourself two questions:
Do I think home values will be higher … (0 comments)

 
DALIA KIBBY, Selling Florida Homes with Passion! (One Sothebys International Realty)

DALIA KIBBY

Selling Florida Homes with Passion!

Cooper City, FL

More about me…

One Sothebys International Realty

Address: 3335 N. University Dr. Ste 1, Hollywood, Fl, 33024

Office: (954) 610-7864

Mobile: (954) 610-7864

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