house for sale: The Best Week To List Your House Is Almost Here - 04/01/24 12:27 PM
Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner.
A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14-20:
“Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the … (1 comments)

house for sale: Why Access Is So Important When Selling Your House - 03/06/24 07:34 AM
If you’re gearing up to sell your house this spring, one of the early conversations you’ll have with your agent is about how much access you want to give buyers. And you may not realize just how important it is to make your house easy to tour.
Spring is the peak homebuying season, so opening up your house to as many showings as possible can really help you capitalize on all the extra buyer activity we see at this time of year.
Since buyer competition ramps up in the spring, buyers are going to want to move fast to see your house once they find your … (5 comments)

house for sale: 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers - 01/17/24 01:13 PM
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below):
And while they’re not going back to the 3% we saw during the ‘unicorn’ years, they are expected to continue to go down from where they are now in the near future. As Dean Baker, Senior Economist at the Center for Economic Research, explains:
“It also appears that … (2 comments)

house for sale: Why You May Want To Seriously Consider a Newly Built Home - 01/16/24 03:00 PM
Are you putting off your plans to sell because you’re worried you won’t be able to find a home you like when you move? If so, it may be time to consider a newly built home and the benefits that come with one. Here’s why.
Near-Record Percentage of New Home Inventory Newly built homes are becoming an increasingly significant part of today’s housing inventory. According to the most recent report from the National Association of Home Builders (NAHB):
“Newly built homes available for sale accounted for 31% of total homes available for sale in November, compared to an approximate 12% historical … (6 comments)

house for sale: Completely Updated 3/2 House Located on A+ Schools - 01/03/24 01:13 PM
704 CRESTWOOD WAY, WINTER SPRINGS FL 32708
Beautiful updated 3 Bedroom Home, 2 Bath, 1 car garage home.
This home has been totally updated in 2023 from Roof to the flooring you walk on when you enter this home.
The home has a separate family room, an L Shape Dining/Living Room with a split floor plan with updated laminated flooring.
The Master Bedroom has laminated flooring, textured walls, ceiling fan and a bathroom attached which has been updated from tile flooring, new toilet, new cabinet, new mirror, new tile shower with all new fixtures.
The kitchen has brand new cabinets, new granite counters, new stainless steel … (4 comments)

house for sale: Beautiful Lake Front House Fully Updated in Leesburg FL - 01/02/24 04:09 PM
2505 Stoer Island Dr, Leesburg FL 34748
Welcome to your Beautiful Lake Front 4 Bedroom, 3 full bathroom, 2779 Sq Ft home completely updated in 2023.
All updates in home include new roof, new A/C, new plumbing and water lines, brand new carpet in all the bedrooms, newer windows, newer electrical and all brand new lighting, ceiling fans, new doors, new ceiling fans and new tile throughout the house and more.
Entered directly into your foyer, living room with a closet, split floor plan, separate dining room, large family room with cabinets, attached enclosed Florida Room, separate 180 sq ft workshop, with an 288 … (3 comments)

house for sale: Sell Smarter: Why Working with a Real Estate Agent May Beat Going Solo - 12/21/23 07:35 AM
If you're thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider. Going this route means taking on a lot of responsibilities by yourself – and that can be a bit of a headache.
A recent report from the National Association of Realtors (NAR) found two of the most difficult tasks for people who sell their house on their own are getting the price right and understanding and performing paperwork.
Here are just a few of the ways an agent helps with those difficult tasks.
Getting the Price Right … (2 comments)

house for sale: If Your House Hasn’t Sold Yet, It May Be Overpriced - 12/14/23 07:08 AM
Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That means buyers have fewer options than they usually would, so your house should be an oasis in an inventory desert.
So, if homebuyers have limited choices and your house still hasn’t sold, there’s a reason why. Let’s break one potential sticking point that may be turning buyers away: your asking price.
Especially with today’s higher mortgage … (4 comments)

house for sale: The Surprising Trend in the Number of Homes Coming onto the Market - 12/13/23 07:02 AM
If you're thinking about moving, it's important to know what's happening in the housing market. Here's an update on the supply of homes currently for sale. Whether you're buying or selling, the number of homes in your area is something you should pay attention to.
In the housing market, there are regular patterns that happen every year, called seasonality. Spring is the peak homebuying season and also when the most homes are typically listed for sale (homes coming onto the market are known in the industry as new listings). In the second half of each year, the number of new listings typically … (1 comments)

house for sale: About 11,000 Houses Will Sell Today - 08/10/23 03:40 PM
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right now.
According to the National Association of Realtors (NAR), based on the pace of sales right now, just over 4 million homes will sell this year. With some simple math, let’s break down … (4 comments)

house for sale: Sellers: Don’t Let These Two Things Hold You Back - 08/01/23 06:58 AM
Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.
Challenge #1: The Reluctance to Take on a Higher Mortgage RateAccording to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4% (see graph below):
But today, the typical 30-year fixed mortgage rate offered to buyers is closer to 7%. As a result, … (3 comments)

house for sale: Where Will You Go If You Sell? Newly Built Homes Might Be the Answer. - 06/29/23 06:44 AM
Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You're not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory.
That means when you go to put your house on the market this summer, considering newly built homes is crucial for expanding the options you’ll have for your next move.
Near-Record Percentage of New Home InventoryNewly built homes today make up a near-record percentage of the total number of homes … (2 comments)

house for sale: Your Needs Matter More Than Today’s Mortgage Rates - 06/13/23 09:16 AM
If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first place.
It’s true mortgage rates have climbed from the record lows we saw in recent years, and that has an impact on affordability. With rates where they are right now, some homeowners are deciding they’ll wait to sell because they don’t want to move and have … (7 comments)

house for sale: Falling out of Love with Your House? It May Be Time To Move. - 04/19/23 06:38 AM
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.
According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. If you’ve been in your home for a while, think about how much in your life has changed since you moved in. Even if you thought … (3 comments)

house for sale: We’re in a Sellers’ Market. What Does That Mean? - 03/30/23 06:56 AM
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 supplyof homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ … (2 comments)

house for sale: Get Ready: The Best Time To List Your House Is Almost Here - 03/27/23 07:55 AM
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 … (5 comments)

house for sale: 2 Things Sellers Need To Know This Spring - 03/08/23 06:13 AM
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.
1. Houses That Are Priced Right Are Still SellingHouses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says:
“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”
The need to price your house right is so important today because the market has … (2 comments)

house for sale: Where Will You Go After You Sell Your House? - 03/03/23 08:06 AM
Some Highlights If you’re thinking of selling your house, be sure to explore all the options you have for your next home. Both newly built homes and existing homes offer plenty of unique benefits. If you have questions about the options in our area, let’s discuss what’s available and what’s right for you.  
Contact us:
PHP Houses
142 W Lakeview Ave
Unit 1030
Lake Mary, FL 32746
Ph: (407) 641-1531
Fax: (407) 205-1951
email: info@phphouses.com
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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained … (4 comments)

house for sale: An Expert Makes All the Difference When You Sell Your House. - 03/01/23 07:29 AM
If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.
1. They’re Experts on Market TrendsWith today’s housing market defined by change, it’s critical to work with someone who knows the latest information and how it impacts your goals. An expert real estate advisor knows about national trends and your local area too. More importantly, they’ll give insight to what all of this means for you, so they’ll … (1 comments)

house for sale: Should You Rent Your House or Sell It? - 02/01/23 06:44 AM
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.
Owning a short-term rental can be a tempting idea, but you may find the reality of being responsible for one difficult to take on. Here are some of … (4 comments)