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Solari Group Real Estate News Blog

Monday, November 22, 2021   /   by Nicole Solari

Your Journey to Homeownership

Some Highlights

When it comes to buying a home, there are a number of key milestones along the way.
The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more.
When you’re ready to start your journey, partner with a professional so you have trusted guidance at every milestone in the process. ...

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  real estate, the solari group, level up realty, home ownership, homebuyers, buying, for buyers, first time home buyer, upgrades

Friday, November 19, 2021   /   by Nicole Solari

Home Sales About To Surge? We May See a Winter Like Never Before.

Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year.
Real estate is very similar. The number of homes sold in the spring is almost always much greater than at any other time of the year. It’s even labeled as the spring buying season. Historically, the number of buyers and listings for sale significantly increase in the spring and remains strong throughout the summer. Once fall sets in, the number of buyers and sellers typically drops off.
Last year, however, that seasonality didn’t happen. The outbreak of the virus and subsequent slowing of the economy limited sales during the spring market. These sales were pushed back later in the year, and last fall and winter saw a dramatic increase in h ...

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  real estate, the solari group, level up realty, home ownership, homebuyers, selling, for sellers

Wednesday, November 17, 2021   /   by Nicole Solari

Should I Update My House Before I Sell It?

Some Highlights

If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide.
If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be worth it.
Partner with a local real estate professional for expert advice on which updates are important in today’s market. ...

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  real estate, the solari group, level up realty, home ownership, homes for sale, selling, for sellers

Monday, November 15, 2021   /   by Nicole Solari

How Sellers Win When Housing Inventory Is Low

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season.
1. Higher Prices
With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase. According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers in today’s market. This buyer competition drives home prices up. As a seller, this certainly works to your advantage, potentially netting you more for your house when you close the deal.
2. Greater Return on Your Investment
Rising prices mean homes are also gaining value, which increases the equity you have in your home. In the latest Ho ...

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  real estate, the solari group, level up realty, home ownership, selling, for sellers

Thursday, November 11, 2021   /   by Nicole Solari

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program:

“The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . .”

For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own homes.
2020 Data on VA Home Loans

1,246,817 home loans are guaranteed by the Veterans Administration
The average VA loan amount totals $301,044
178,171 of those using a VA Loan are first-time homebuyers

Top Benefits of the VA Home Loan Program
As we reflect on their sacrifice and honor our nation’s veterans, it’s important to ensure all veterans know the full ...

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  real estate, the solari group, level up realty, home ownership