Friday is WHY Day - Why Do People Stress?

 

Moving causes many people to stress. First of all, you're not alone. Stress is a natural physiological response to a demand. As a REALTOR®, I meet many clients (buyers and sellers) who have many reasons for moving and sometimes moving is harder than it sounds depending on what issues you are going through at the time. Everyone responds to stress differently and the causes for stress are numerous. No two buyers or sellers are in the process of moving for the same reasons. 

Why do people move?

• Marital/Relationship Status
• Job Change/Loss
• Children/Teenagers/Education/Bullying
• Nosy Neighbors
• School Districts
• Location/Changes
• Health Issues
• Death/Dying/Dealing With Loss
• Environmental Changes
• Rental Reasons
• Affordability Issues
• Physical/Emotional/Mental/Financial Reasons
  
  

Why does moving have to be so hard?

• Unexpected Disruptions
• Sorting Through Stuff Triggers Memories
• Increased Heart Rate and Blood Pressure
• Money Problems
• Not Having Boxes, Packing Tape, Bubble Wrap, Markers
• Not having Help
• Not Finding Stuff You Need When You Need It
• Physical Tensions, Stiffness in Joints, Pain in Knees & Muscles
• Moving Stuff from One Room to Another - Not Accomplishing Anything
• Landlord Puts Pressure on Renters
• Employers Put Pressure on Employees
• Spouses Put Pressures on Each Other
• Kids Put Pressures on Parents
• People Put Pressure on Themselves
• Low Inventory
• Houses Cost Too Much/Taxes Too High 
• Don't Know Where to Go
• Cost to Buy or Rent
• Transportation/Moving Trucks
• Deciding What to Donate, Throw Away, Keep
• Kids Have Their Own Needs & It Doesn't Include Moving
• School & Extracurricular Commitments
• Long, Demanding Business Meetings
• Pets (Old Pets, Puppies, Running Away Pets, Tripping over Pets, Sick Pets)
• It's Depressing To See How Much Stuff You Have
• You Need Help and There Is No Help or You Don't Want Help
• Dealing With the Unknown
• Family Members, Kids, or Neighbors Don't Want You To Move
• Realizing You May Not Get What You Want

What are some options & helpful hints?

• Make Realistic Goals
• Live Within Your Means
• Find The Right Professionals To Help You
• Make Plan A, Plan B, and Plan C - Repeat if necessary or Start Over
• Breathe Deeply
• Never Go To Bed Mad or Angry
• Honor & Acknowledge Your Losses & Responsibilities
• Eat Healthy
• Exercise
• Get Proper Sleep
• Know Your Limitations
• Recognize What You Did Before May Not Be What You Can Do Today
• Avoid Making Serious Health Issues Worse
• Have A Running Away Money Jar, Plan, or Means to Break Free Temporarily
• Plan For Best and Worst Case Scenarios - Make a Decision
• Talk to Your Financial Advisor or Lender
• Know Your Options
• Turn Off the Internet and Television and News Media
• Get Organized and Stay Organized
• Explore Delivery Services and Transportation Options
• Know Who Is Reliable And Who You Can Call
• Swallow Your Pride and Ask For Help When You Need Help
• Know Not Everyone You Thought Could Help Can and Will Help
• Have Back-Up Plans
• Focus on Your Needs & Learn to Let Go

Books You May Find Helpful

1. "The Life Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing, by Maria Kondo.
   
   
2. Mayo Clinic Books Include:
   • Guide to Stress Free Living
   • Strategies to Reduce Burnout
   • Stress Management Workbook
   • The Resilient Life Manage Stress
   • Overcoming Stress
     
     
3. Moving Checklist by Martha Stewart

Holly Hurd~ Berkshire Hathaway HomeServices Kee, Realty.... your source for all your real estate. We are one of the Largest brokerage firms in Michigan, we have proven we can stand the test of time in this ever changing marketplace a proven leader for you and all your real estate needs. In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in the Wayne/Oakland co. area with my New Listings Notification. If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in Michigan, please contact me as I'm more than willing to help.YOU CAN REACH ME DIRECT BY PHONE ANYTIME AT 734 718-5736 #YourHomeNorthvilleMichigan Real Estate Homes for sale in Northville Michigan Northville, Mi. 48167 #realtor #realestate #realestatemarket #hometown #hollyhurd #home

#historicnorthville #buy #buyingahome #buyrealestate #condo #homeforsale

#northvillemi #sellingyourhome #smalltown #shop #bhhs #buildahome 

#moveinmichigan #greattimetobuy #SOLD #realestateforsalemi 

#puremichigan #berkshirehathaway #sellahome  

Homebuyer Competition Is Easing

 

It's no secret that buyer demand has been extremely high ever since the Federal Reserve substantially reduced interest rates during the pandemic. In fact, the median value of a home grew by more than 17% in 2021, which was the result of exceedingly high demand and a relatively low housing supply. 

When the market conditions heavily favor the seller, it's common for intense bidding wars to take place and home prices to be driven up as a result. While buyer competition is still high, there are signs that competition is easing. 



Fewer Offers
According to a recent report by the National Association of Realtors, the average number of offers made on sold homes has dropped by a considerable amount over the last few months.

The average number of offers per home reached a high of 5.5 in April 2022. Since then, the numbers have dropped steadily with each passing month. In May the average was around 4.0 offers, in June it fell to 3.3, and by July the average was just 2.5 offers per home. This number may drop even further in the months to come. 

Higher Interest Rates
This decrease in offers can be attributed to two things. Number one, higher interest rates. Multiple Fed rate hikes this year have made it more expensive to buy a home and have caused some buyers to leave the market temporarily. Number two, a slightly higher inventory of homes on the market. Buyers have more options to choose from and may not be scrambling to put offers in. With lower buyer demand and more homes on the market, competition is effectively reduced. 

What These Trends Mean for You 
Even though there were a high number of buyers that were searching for homes in 2021, many potential buyers decided to stay out of the market because of the intense competition. Even if you were willing to offer more than asking price, there was a good chance that you would have been outbid throughout most of 2021. 

What the last few months indicate is that buyer competition is easing, which significantly reduces the possibility that you'll need to manage a bidding war. Even though the market is still tilted towards sellers, a greater number of homes on the market means that potential buyers may be able to make an offer and purchase a home without too much hassle. 

If you avoided buying a home over the past couple of years because of the high competition, now might be a great time to start searching for a new home. Even though buyer demand is still relatively high, it has dropped considerably over the past few months. If you're in the market for a new home, you should have less competition when making an offer.

 Holly Hurd~ Berkshire Hathaway HomeServices HWWB, REALTORS.... your source for all your real estate. We are one of the Largest brokerage firms in Michigan, we have proven we can stand the test of time in this ever changing market place a proven leader for you and all your real estate needs. In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in the Wayne/Oakland co. area with my New Listings Notification. If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in Michigan, please contact me as I'm more than willing to help.YOU CAN REACH ME DIRECT BY PHONE ANYTIME AT 734 718-5736 #YourHomeNorthvilleMichigan Real Estate Homes for sale in Northville Michigan Northville, Mi. 48167 #realtor #realestate #realestatemarket #hometown #hollyhurd #home

#historicnorthville #buy #buyingahome #buyrealestate #condo #homeforsale

#northvillemi #sellingyourhome #smalltown #shop #bhhs #buildahome 

#moveinmichigan #greattimetobuy #SOLD #realestateforsalemi 

#puremichigan #berkshirehathaway #sellahome 

How Do Home Sellers Decide On Setting Their Price in Northville, Mi. Area

There are a few things that home owners in the Greater Northville are have to consider when setting the sales price for their home. Condition: The condition of your home should be reflected in the pricing. If other homes have been updated and yours reflects much of the original construction but things are working, you can not expect buyers to pay as much for your home as your neighbors have gotten. In the contrary, we have to be careful about taking price plan if your home is the largest or most improved.

Motivation:If you want sell quickly I would go the lower end of the comps based on your homes condition and hold pretty firm when it goes to negotiating any offers. If you are in not much of a hurry, we can go toward the higher end of the market but if the feedback isn't what we hope for, then it may be necessary to adjust your price. Also you have a certain time that you want to close by, we can market based on that using data to discuss a plan of action for your sale.

Market Conditions: We will review the market trends prior to listing. If homes are slow to sell in your category or the market has little inventory, we can plan accordingly with a pricing & market plan to get you the results that you are looking for.

Other note for consideration:The real estate market doesn't care how much you purchased your home for, unless it was within the last 6 months. Most buyers generally do not have concern for what your mortgage payoff is going to be & your closing costs are going to be In some cases, it is close to being a short sale where the buyer may if they really like your home, they may decide to come up with the money so the seller won't have to go through the process or have to wait months for approval. No matter how much you want for your home, you have to be realistic for the market & the home has to appraise .

Are you thinking of selling your home in the Greater Northville, Mi. area?

 Contact local housing expert Holly Hurd -Realtor 

with Berkshire Hathaway HomeServices HWWB Realtors in Northville, Mi. 

to schedule your at home visit. My cell is (734) 718-5736 or send me an email. 

You can also get a quick no-obligation on your home's value from my website. 

I look forward to meeting with you.

Holly Hurd ~ Berkshire Hathaway HomeServices HWWB, REALTORS......your source for all your real estate. We are one of the Largest brokerage firms in Michigan, we have proven we can stand the test of time in this ever changing market place a proven leader for you and all your real estate needs. In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in the Wayne/Oakland co. area with my New Listings Notification. If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in Michigan, please contact me as I'm more than willing to help.YOU CAN REACH ME DIRECT BY PHONE ANYTIME AT 734 718-5736 #YourHomeNorthvilleMichigan Real Estate Homes for sale in Northville Michigan Northville, Mi. 48167 #realtor #realestate #realestatemarket #hometown #hollyhurd#home

#historicnorthville  #buy #buyingahome  #buyrealestate #condo #homeforsale

#northvillemi  #sellingyourhome #smalltown #shop #bhhs  #buildahome 

#moveinmichigan #greattimetobuy #SOLD #realestateforsalemi 

 #puremichigan #berkshirehathaway #sellahome

TOP FIVE TIPS FOR SELLING A HOME IN THE FALL SEASON

As fall quickly approaches, many homeowners begin to wonder whether they should sell their home now or wait until spring.  Wondering what the answer to this question is?

The answer is…well it depends.  Just because the summer has officially ended doesn’t mean that homes are not going to be sold for the remainder of the year.  Real estate is being sold 365 days a year, period.

The fall season can actually be a great time to be selling a home.  There are many pros to selling a home in the fall, but certainly some cons as well.

If you decide that you want to sell your home during the fall, it’s important that you understand what it takes to get it done.  Below you will find some of the best tips on selling a home during the fall.

Fall Home Selling Tip #1: Analyze The Market & Price Your Home Right

It’s important that if you decide to sell your home in the fall, you first analyze the current state of your local real estate market.  While you may not know how to do this, if you reach out to an experienced real estate agent, they should be able to help you with this.  There are many things you should analyze about your market.

First and foremost , understanding the type of market your area is experiencing is important. Is your local real estate market in the midst of a sellers market, a buyers market, or balanced market?

• Sellers market – A sellers market exists when there is a large number of ready, willing, and able home buyers in the market to purchase a home but there is a shortage in the supply of homes for sale.  Buying a home in a sellers market often results in a buyer paying market value or above market value.
• Buyers market – A buyers market exists when there are more homes available for sale than there are ready, willing, and able home buyers in the market.  Selling a home in a buyers market often results in a buyer being able to purchase a home for market value or less than market value.
• Balanced market – A balanced market exists when there are a similar number of homes for sale in relation to the number of ready, willing, and able home buyers.  Balanced markets often result in a homes sale price being relatively close the market value.

It’s important to know what type of market your area is experiencing and price your home accordingly.  Since every real estate market is different, consult with a local experienced real estate agent to find out what type of market your area traditionally experiences during the fall season.

For example, the Northville, Northville Twp.,Michigan market traditionally experiences a balanced market during the fall season, however, the current inventory level of Northville and Northville Two., Mi. homes for sale would indicate a sellers market.

Fall Home Selling Tip #2: Perform Applicable Inspections & Cleanings

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Tips For Selling A Home In The Fall – Perform Applicable Inspections Prior To Selling

There are specific maintenance tasks that homeowners should take throughout the year.  If you’re planning on selling your home in the fall, there are a few inspections and cleanings that you should tackle, prior to listing your home for sale.

One of the most important components in your home is the HVAC system.  It’s recommended by heating and cooling professionals that you have your HVAC system inspected and cleaned yearly.  Since a furnace is not run very often throughout the summer months and is run often during the winter months, depending on where you reside, the fall is a great time to have your HVAC system inspected and cleaned.

One of the most common problems resulting from home inspections relates to a homes furnace.  At the very least, it’s very common for a buyer to ask a seller to have the furnace inspected and cleaned prior to closing.  Having your furnace inspected and cleaned by a HVAC specialist prior to selling your home can be beneficial as you can provide the receipt as proof it has already been completed!

Another important inspection and cleaning that should be done if you’re selling your home in the fall is in regards to the chimney.  If your home has a wood burning fireplace, it’s recommended you have it inspected and swept yearly.  Similar to a furnace, since the fireplace is rarely used in the summer months and frequently during the winter, the best time to have it inspected and swept is the fall.  Again, this inspection should be done by a professional chimney company.

Fall Home Selling Tip #3: Decorate & Embrace The Fall Season

Interior decorating and staging can be a huge help in expediting the sale of a home.  It is also important to understand that decorating and staging is not the primary reason a home sells, that normally relates to the price.

If you decide to sell your home during the fall, there are many decorating tips, staging tips, and ways to embrace the fall season.  During the fall season you have some very popular holidays such as Halloween and Thanksgiving.  Don’t hesitate on getting your home decorated for the upcoming holiday as it can help a potential home buyer envision themselves in your home during these holidays.

While it’s a great idea to decorate and embrace the fall season, don’t go overboard.  It’s not a good idea to decorate your home with gory Halloween decorations and props.  The last thing you want is for a potential buyer to walk in your front door to be greeted by a bloody skull hanging from your entryway ceiling fan.  Be tactful with your decorating and try to appeal to the masses!

Fall Home Selling Tip #4: Clean Up The Exterior

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Clean Up The Exterior When Selling A Home In The Fall

One feature that today’s home buyers want when buying a home is a nice outdoor space.  One of the biggest mistakes that sellers make when selling their home in the fall is they neglect the exterior of their home.  Another very important tip for selling a home during the fall is to ensure that you clean up the exterior of your home.

The number one place where homeowners who are selling their home in the fall drop the ball is forgetting to clean up their yard.  There are some “clean up” tasks that should be completed when selling a home during the fall.  Some of the most important fall “clean up” tasks that should be completed when selling a home during the fall include;

• Raking leaves
• Remove loose sticks
• Weed flower beds
• Trimming flowers, bushes, and shrubs
• Aerate the lawn

Another exterior clean up task that is extremely important but often overlooked by homeowners is the cleaning of their gutters.  Before selling your home in the fall, make sure you have your gutters cleaned.  The reasons it’s so important to have your gutters cleaned is because clean gutters can help prevent ice damming and the damage that results from it.

Fall Home Selling Tip #5: Prepare Your Home For Showings

It’s important to know how to properly prepare your home for showings, whether you’re selling your home in the spring or the fall.  If you decide to sell your home in the fall, there are certain things that you can do in addition to the normal preparation tasks such as de-cluttering.

One of the best ways to prepare your home for showings when selling in the fall is to ensure your home smells good.  One of the most common reasons a potential buyer is scared away from a home is because there are foul odors.  A popular way to make your home smell good is by baking a cake or pie.  Since you’re selling your home in the fall, consider baking an apple or pumpkin pie.  Other popular ways to make your home smell good while selling it in the fall include;

• Brewing a fresh pot of pumpkin coffee
• Boiling cinnamon sticks
• Burn fall scented candles

Another important tip to prepare your home for showings during the fall seasons is to make sure you turn on all the lights in your home.  Since the number of daylight hours in the fall decreases, it’s more likely your home will be shown when it is dark outside.  Having all of the lights on in your home for showings will help make your home appear larger.  If you don’t turn all of the lights on, your home may appear dark, small, and uninviting!

Final Thoughts

Selling a home in the fall can be a great time to sell a home, if the proper steps are taken.  The reality is that selling a home in the fall is not for everyone however.  The above tips for selling a home in the fall can help expedite the sale of your home and also maximize the sale price!

Are you thinking of selling your Northville or Northville Twp.,Mi. in the fall?  The fall season is one of the best times to sell a Northvilleor Northville Two.,Mi.  home.  The foliage in Michigan can be breathtaking and a great way to showcase the uniqueness of your home.  If you haven’t hired a top producing Northville, Michigan real estate agent yet, contact me, and I’d be happy to discuss the Northville and or Northville Twp., Michigan fall real estate market history and the current state of the local market!

❤️🏡🔑Holly Hurd~
Berkshire Hathaway HomeServices HWWB, REALTORS.......your source for all your real estate. We are one of the Largest brokerage firms in Michigan, we have proven we can stand the test of time in this ever changing market place a proven leader for you and all your real estate needs.
In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in the Wayne/Oakland co. area with my New Listings Notification.
If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation.
Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction.
In addition, if you have any general questions about buying or selling real estate in Michigan, please contact me as I'm more than willing to help.YOU CAN REACH ME DIRECT BY PHONE ANYTIME AT 734 718-5736
#YourHomeNorthville Michigan Real Estate Homes for sale in Northville Michigan Northville, Mi. 48167 #realtor #realestate #realestatemarket#realestateforsalemi #hometown #hollyhurd #home #homesforsale#historicnorthville #buy #buyingahome #buildingahome #buyrealestate#condo #northvillemi #sellyourhome #sellingyourhome #smalltown#shop #bhhs #berkshirehathaway #moveinmichigan #greattimetobuy#puremichigan #SOLD