Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise.

The great news about rising prices, however, is that according to CoreLogic’s latest US Economic Outlook, the average American household gained over $11,000 in equity over the course of the last year, largely due to home value increases.

The map below was created from CoreLogic’s report and shows the average equity gain per mortgaged home from June 2015 to June 2016 (the latest data available).

Read more HERE!

You've decided to Sell your Metrowest home this summer....BRAVO!  That's a fantastic decision! As you go through the many different tasks to get your home ready to be put on the market, don't forget one of the most important, it's face. Well, not literally, but truly it's first impression it's going to make to your potential home buyers when they drive-by your home, come to a showing or open house, or even the first photo they usually see as a 'Listing Photo'...the front of your home.  We call it 'CURB APPEAL'!

In the summer we have so many fantastic choices to create award winning curb appeal, but the basics are always the same...so we'll start there:

1) Pride of Ownership- Nothing puts a potential home buyer more at ease than driving up to a home that shows an owners 'pride of ownership' from the moment you see the home, and it all starts with the state of the exterior of the home.

2) Homes Exterior- Choose your upgrades carefully. Siding is largest visible surface on your home. Make sure to power wash the entire surface and make any necessary repairs before putting your home on the market. Windows & Screens should also be perfectly cleaned and windows should sparkle (yes I did say sparkle!). If your siding is a hideous color, painting then becomes a serious consideration! 

3) Front Door & Porch- This is an area where you can introduce some pops of color and have a little bit of fun! First make sure you have thoroughly cleaned all surface areas. Once you've accomplished this, then evaluate your front door. A New Front Door has one of the greatest ROI's. If your's is looking a little rough, then this is a great area to invest....and you may want to look for a fantastic complementary color. Again, don't get wild and crazy, we're talking complimentary, not outrageous. Once that's chosen take a look at the porch and decide if you need to repaint any railings or decking. Then you can choose whether a chair, table, rug or other fun, small, uncluttered choices would be a nice touch for your "Welcome" area.

4) Lighting- Do you have adequate lighting on your front porch? How about Landscape Lighting? Have you enhanced any area of the yard that you'd like to highlight? Get rid of dated fixtures and take advantage of outdoor living! Home Buyers rate the yard as 25% of their decision in the summer months! If your yard is a big selling point, don't let it go to waste! Illuminate your walkways as well.

5) Landscaping- Todays homeowners and home buyers love outdoor living and take pride in having their yards landscaped. Take time to give your yard extra attention. If you don't have a lot of extra money to spend, concentrate on the front yard first. Consult a landscaper or even a local garden center and ask for lower cost alternatives that can be implemented for a great look and flow. Add a few solar lights for a walk-way and you'll have a beautiful front yard before you know it....without having to spend a fortune.

For more Home Selling Tips give Team Lynch a call or visit our website at www.teamlynchrealestate.com.

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

• The buyer who wants the best deal possible
• The buyer’s agent who solely represents the best interest of the buyer
• The buyer’s attorney (in some parts of the country)
• The home inspection companies, which work for the buyer and will almost always find some problems with the house
• The appraiser if there is a question of value

Read the rest of this blog at this link:  5 Reasons Not to FSBO

Are you getting ready to move, or maybe just spring cleaning your home and trying to get rid of unused or unwanted things? DONATE THEM instead of just throwing them into the trash!  Gently used items are needed by so many people, and Big Hearted Books and Clothing, Inc will even come to your home and pick them up for you!  Just make sure to check out the lists above to know what "is and is not" an acceptable donation.

Spring Cleaning or De-Cluttering your home doesn't get easier than that!  So start your project today...then give Big Hearted Books and Clothing a call!  HAPPY SPRING CLEANING!

For more Home Maintenance, Spring Cleaning, Home Staging & Selling Tips visit our Blog and Facebook Page often.

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize that telling the homeowner the truth is more important than getting the seller to like them.

There is no “later.”

Sellers sometimes think,...

(continue reading the rest of this blog here): Team Lynch Real Estate