Why You Need To Sell Your Home This Summer!!

The market is hot, hot, hot! With interest rates at an all time low for buyers, the market has turned into a feeding frenzy, and home sales are skyrocketing in prices. In such a high demand, seller's market, homes are selling for record breaking prices, which means more money in your pocket. If you have been considering selling your home, doing so in today's market will bring you a larger sales price. Don't wait for the market to shift when interest rates begin to start going up again. The National Association of Realtors has gathered data to predict a strong 6 months of sales throughout the United States. And with such a large group of buyers hunting for homes during the summer months, you have a great potential to sell your home quickly, and move on to bigger and better things sooner.

NAR Map

 

This is also a great buying opportunity if you are wanting to transition into a new home. Low interest rates equate to more savings. You could potentially end up getting a bigger home for the same monthly payment cost when you buy your next property. And with such a hot market, there are more homes for sale, which means you can find the right one. 

If you have not already spoken with an agent, get in touch with one of us to get a complimentary CMA. See if the numbers work out for you and/or your family, and if moving is something you want to do. Whether you are re-sizing, or moving to a different state, your agent can get the numbers in order to make sure it's in your best interest to transition in today's market. Don't wait and lose tens of thousands of dollars in your sale price!

Vintage House of the Week #7

Sometimes I get really excited about a perfectly restored Craftsman Bungalow or Spanish Revival, but this week I'm swooning over this super cute Altadena Cottage.  Sure it needs some love, but not a lot. I have ideas coming out of my ears right now for a simple renovation.   It's just adorbs!!

 

2135 Allen Av, Altadena, California 91001

Featuring two bedrooms and a tandem den, and if you grow out of the 2 spacious bedrooms well guess what?  There is a full attic that is accessible by a set of pull down stairs,  meaning a master retreat is waiting to be built in the future.  The large living and dining rooms offer mountain views and yellow shag carpet (if you are into that kind of thing).  Detached garage includes an additional storage room (Oooh the furniture creations I could store there). Oh and not only does it have a big yard, but there is a side yard too.  I would just love to be a kid again in a yard like this.

So how would I handle this renovation?  Well first of all as much as I love the yellow shag, it has to go.  I'm willing to bet that there are beautiful hardwood floors underneath.  You can easily have those sanded down and re-stained.  All the wall paper would have to be removed as well, and new paint would need to be applied to all the rooms.  The kitchen would get a redo similar to my Vintage Kitchen Redo, but the counter tops and floors would need to be replaced, along with a new light fixture over the kitchen table. There's really not much to it, if you want to keep it simple.  This house is a 2 bedroom/ 1 bath, with plenty of room to grow and is offered at $649,000.   Renovation consultations is also something that I do.  I can also help you project manage your remodel, even if you want to get more extensive than what I mentioned above.  Contact me to find out more details.

UPDATE-  I went to see the house today and it needs more work than I led on to believe.  Its still super adorbs and with the comparable sales in the area, even if you were to put 100k into it, it would be worth it.  There is a lot of plaster repair that needs to be done, and the kitchen cabinets are metal and not wood, so they would probably need to be replaced.  I would also probably open up the wall between the kitchen and dining room to open up the floor plan a bit.  There is also the perfect area to put a second bath with plumbing right next to it.  So all in all,  I am still in love with this house, but I thought I'd share what I encountered first hand.  Oh and vintage details all over the place, including a built in telephone bench in the hallway.  Also, the neighborhood is just gorgeous!!  

* Listing courtesy of William Podley of Podley properties.

Altadena vintage home for sale