7 Steps to Take to Prepare Your House to Sell in the New Year
The holidays are a wrap, and with the coming of the new year, many people are starting to make their
new year’s resolutions. If selling your home is one of those resolutions, it’s beneficial to take
steps now to prepare your house to sell in the new year. Getting a jump start on this preparation
can help your home be ready for the spring/summer homebuying season, an annual tradition that
typically sees an increase in buyer demand.
Preparing a house for sale in the new year involves more than taking down the holiday decorations. Some of
the key steps to take before putting your home on the market in the new year include:
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FOR ALL YOUR REAL ESTATE NEEDS CONTACT Krasi Henkel at (703) 624-8333,
krasi@propertiesonthepotomac.com,
https://www.propertiesonthepotomac.com
Building Boom Forecast for 2025: Number of Affordable New Homes Set To Soar, but Expect Them To Be Smaller
Builders are working to fix America’s critical housing shortage—and while the number of new homes is expected
to top 1.1 million in 2025, expect them to be built slightly smaller.
But, homebuyers can expect them to be more affordable, too, according to the Realtor.com® 2025 Housing Forecast.
This is especially good news for first-time homebuyers, who might find new homes easier to access in areas that
are growing.
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PLANNING TO BUY? PLANNING TO SELL? CONTACT Krasi Henkel at (703) 624-8333,
krasi@propertiesonthepotomac.com,
https://www.propertiesonthepotomac.com
Existing-Home Sales Elevated 4.8% in November; Post Strongest Year-Over-Year Increase Since June 2021
Existing-home sales grew in November, according to the National Association of Realtors®. Sales
advanced in three major U.S. regions and remained steady in the West. Year-over-year, sales
climbed in all four regions.
"Home sales momentum is building," said NAR Chief Economist Lawrence Yun. "More buyers have entered
the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and
consumers get used to a new normal of mortgage rates between 6% and 7%."
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THINKING OF BUYING? See thousands of Hot Properties at
https://www.propertiesonthepotomac.com
What is the Hardest Part of Buying a House?
Everyone experiences things differently, and that includes buying a house. You may think one element
or purchasing a home is hard, while someone else could find another more challenging.
With that being said, in general, the following are some of the things many people say are most difficult when
they’re buying a home.
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WHO DO YOU KNOW THAT'S PLANNING TO BUY OR SELL? CONTACT Krasi Henkel at (703) 624-8333,
krasi@propertiesonthepotomac.com,
https://www.propertiesonthepotomac.com
Tax Assessed Value vs. Market Value: What’s the Difference?
Home prices aren’t set in stone; instead, their value can change depending on a few key factors—that’s what
makes buying and selling real estate so fun! (Or frustrating, depending on your perspective.)
As a buyer or seller, you will likely hear two “prices” thrown about: tax-assessed value vs. market
value. So what’s the difference?
While assessed value and market value may seem similar, these numbers can be different—typically, the value as assessed
is lower—and they’re used in different ways. So let’s clear up any confusion, so you can use these terms to your advantage.
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