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Cari Gennarelli Realtor Tag

Renovate or Relocate? 3 Questions To Help You Decide

Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, long-term financial implications, and quality of life.  A major remodel can be a major commitment. From hiring contractors to selecting materials to managing a budget, it can take a tremendous amount of time and energy—not to mention the ordeal of living through construction or relocating to a temporary residence. On the other hand,...

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2023 Real Estate Market Outlook (And What It Means for You)

Last year, one factor drove the real estate market more than any other: rising mortgage rates.  In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately...

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7 Tips to Maximize Your Home’s Sale Price

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers to bang down the door. If you want to net the most money possible for your property in today’s market, you’ll need an effective game plan and a skilled...

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THE FALL MARKET IS JUST AROUND THE CORNER – 3 Things to prepare for success

FENCE SITTERS - GET READY TO TAKE ACTION! The launch of the fall market, or last push to buy a home or sell your home in 2022, is just around the corner.  Historically, starting  after the Labor Day weekend, we see new listings trickle onto the MLS and build through September and start slowing after Thanksgiving....

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THE REAL ESTATE MARKET IS SHIFTING: DOES THIS BENEFIT BUYERS OR SELLERS?

In the short term, the answer is both! However, sellers, who have been in the power seat for many years will need to quickly adjust their expectations and settle on the new reality of a balance of power.   As the market shifts and becomes less of a sellers market and moves towards a balanced market buyers and sellers need to get up to speed and understand the new terms and rules....

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