November 2023 Real Estate Roundup
November 2023 Real Estate Roundup
November 2023 Real Estate Roundup

Eleven months down and one more to go in 2023.  Regardless of the real estate market there was no shortage of great real estate articles as this collection shows.  With mortgage rates still at recent highs more buyers have opted to wait it out until rates come down or prices come down.  On the investment side high prices are being met with indifference and some sellers are getting the message and reducing prices.  Read on to get some more knowledge about real estate before making your next purchase or sale.

Tips for Filling Out The Property Disclosure Form

The property disclosure form is an important form required in many states to be filled out by the homeowner as part of the process of selling a home.  In this article by Bill Gassett he provides tips on how to properly fill out the residential disclosure form.  The buyer, their real estate agent, the home inspector will be reviewing the disclosure form to determine if the house has any major issues that would be considered a red flag.

How Does It Take to Sell a Home?

One of the big concerns when it comes to listing a home for sale is how long will it take.  Home sellers need have their home ready to go on a moment’s notice for when buyers want to walk through.  In this article by Paul Sian he looks at how long it typically takes to sell a home.  Depending on a number of factors the length of time can vary.  There are ways home sellers can do certain things to help be on the quicker side of the time range as this article explores.

Home Inspection vs. Home Appraisal

When one is purchasing a home with a mortgage usually there is the requirement for a home appraisal which is used to help determine the value of the property.  In a cash deal a home appraisal is optional based on the buyer’s preference.  In this article by Luke Skar he explores the difference between a home appraisal and a home inspection.  Home inspections are also an essential part of buying a home but is somewhat different compared to a home appraisal.

Why You Need a Mortgage Pre-Approval Before Home Shopping

There are still some who when deciding to look for homes think getting pre-approved for a mortgage can always be done later when they find a home they like.  The problem with that comes when for whatever reason the lender cannot pre-approve the buyer or pre-approves them for an expensive mortgage as Kevin Vitali explains.  It is important for buyers to get a mortgage preapproval letter early enough to be able to fix any issues there may be or to be able to get the best deal possible.

What is DOM When Listing a Home For Sale?

DOM or days on market is a term used by many multiple listing services (MLS) where they are keeping track of how long a particular property has been listed for sale on the market.  In this article by Alex Capozzollo he talks about DOM and what short DOM means as compared to long DOM.  Typically the longer a home is on the market the more challenging it will become to sell it without a price reduction.  Homes that are priced right according to their condition and location should be selling within the average time that other homes are selling in that market.

Top Decorating and Staging Trends For 2024

For those looking to update their home and stay or preparing to sell in the coming year this article from Karen Highland is for you.  In the article she covers some of the top decorating/staging trends for 2024.  From smart home features to retro styling keeping ones home updated with the latest trends helps it to retain value.  Outdated homes do not do well when listed for sale on the market.

Wintertime Home Maintenance Tips

The wintertime elements can do a number to both the exterior and interior of a home if it is not well maintained.  In this article by Joe Boylan he covers some important wintertime home maintenance tips to make sure the elements don’t damage a home.  Freezing temperatures, water freezing, thawing and then freezing again are just the tip of the iceberg to deal with during that time of year.

Can You Tour Homes Without a Mortgage Pre-approval?

The answer to whether a home buyer can tour a home without a mortgage pre-approval letter in hand is it depends.  Some home sellers do restrict home buyers from touring their home when listed for sale until the buyer sends their mortgage pre-approval letter (or proof of cash funds).  Some sellers do not have that restriction as Michelle Gibson explores.  There are particular agents and brokers who also have the pre-approval requirement before they will tour with home buyers.  Learn more about how it works in the article.

What articles did you find to be helpful in November 2023 from the list above?  Find any other real estate articles of interest?  Feel free to share in the comments below.

Real Estate Roundup for November 2023 was provided by Greater Cincinnati Area Luxury Realtor Paul Sian of United Real Estate Home Connections. Paul is a licensed real estate agent in the states of Ohio and Kentucky and has over 17 years of experience. Do you have a home you are ready to sell now in Greater Cincinnati or Northern Kentucky? Be sure to contact me now!

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