How Important Is Photography When Selling?

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Now that the spring selling season has begun, I'm going to be showing you how we market your home for sale. We utilize a proven and repeatable system that ensures you get top dollar for your home in the shortest amount of time possible.

We try to set up a competitive advantage for your home through professional photography, staging, and curb appeal. You need to differentiate yourself from the competition, and we manage to do this for you through our excellent photography. If you look on the MLS, you'll notice some extremely bad photographs. When people look online, your home needs to look immaculate, otherwise they will simply skip over it.

We want to attract buyers to your home, and positioning your home with professional photography is exactly how we do that. If you'd like to speak with us to learn more about our other methods of marketing, please don't hesitate to contact me. 

Now is a great time to sell in Wilmington and we'd like to help you find a buyer who is willing to pay top dollar!

Is Now the Time to Buy in Wilmington?

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Today I'm going to be speaking about whether right now is a good time to buy a home or not. The truth of the matter is that now is one of the best times to buy a home in recent memory. Historically low interest rates and loose credit requirements are fueling this fire, but nobody is certain when things will shift and prices will go back up. 

It is not difficult to get a loan. You just need to provide the lender with a lot of your information such as credit history, tax information, and employment history. Credit qualifications have been lowered for people that are still recovering from the crash in 2008.

The real estate market in Wilmington is also performing well, and we're seeing a lot more houses come onto the market that are updated and upgraded. It's not hard to find a good home, you only need to offer a fair price and show that you're able to afford it.

As for the future, nobody knows when affordability is going to drop, so I urge you take action if you've been thinking about buying a home. 

If you're looking to buy or sell in Wilmington, please don't hesitate to contact me. I'd be glad to help you!

Wilmington Real Estate Market Update

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A lot of people have been wanting to know whether we're in a buyer's market or a seller's market, and the answer to this question can be determined by how much supply you have in a given market. When there are more homes in a market, the buyers have the advantage, and when there are less homes, sellers have the advantage. 

In our area, it depends on the price range you're looking at to determine if you're in a buyer's or seller's market. If your home's value falls under $300K, then you're going to find 5 months of inventory, and that will put you in a seller's market.

Above $300K is a market that's really favoring the buyers because there is a 10-month supply of homes. This means that buyers will have a much stronger negotiating position. This factor, along with low interest rates, will allow a lot of buyers to purchase homes this year. If you have good credit, you shouldn't have too much trouble getting a home loan. 

I also want you to know that some zip codes in our area are seeing significant increase in home prices, such as the 28409 area (8% increase in a year). Overall, home prices aren't going through the roof, but this year will be a great one to sell a home. We expect a lot of first-time buyers to come out because homes are so affordable right now.

If you're interested in buying or selling a home in Wilmington, please don't hesitate to contact me!