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September 2020

Inventory is at an all time low!  Thinking of selling?  Let's talk about it!

Berkshire Hathaway HomeServices Michigan Real Estate
Stephanie Sherriff

Luxury Collection Specialist
269-488-0417 office  269-491-6761 cell
lofatlaugh@aol.com
www.yourgalinkalamazoo.us

 

making "school at home" work

"A time and a place for everything..."

When students attend school in person, there are schedules of when class is held, recess, lunch, and special subjects such as music, each in its own location.  A good friend with three children came up with an idea that allowed them to take ownership of their special place to do their homework.  They designated an unused room in the walkout basement and allowed the kids to decorate it any way they liked.  The result involved very creative painting, and comfy beanbag chairs, but most importantly, it was a place to accomplish the days' assignments without distractions or interruptions.  I asked if hours needed to be set to give the day structure, and she replied that they couldn't wait to go to their private space!

I GET IT!  I am much more productive in my private office at work than in my home office!  I am there to accomplish my goals with minimal interruption, as opposed to being subject to an array of choices of something to do other than work!

HOMEBUYing Trend

The Renewed Appeal of Suburbia

It’s typical for single-family home sales to surge in the spring and summer, but this year, there are some differences due to Covid-19. The pandemic is causing more urbanites to move out of the city say The New York Times, Forbes.com, NPR.org and other news services.

Many of the attractions that make city living attractive, such as theater, shopping and dining out, simply aren’t available, causing some homebuyers to feel pent-up in their small apartments. They’re questioning if there isn’t a better way to live.

The result is a notable increase in home searches and purchases for single-family homes in smaller towns, exurbs and suburbs as many city-dwellers, particularly millennials, decide to ditch living in close quarters, paying high rents and home prices, and settling for views of buildings instead of trees.

One factor that’s driving the decision to move out of the city is that many white-collar workers believe they will continue to work from home permanently. The Star Tribune reported that Ford Motor Company, for example, intends to make many telecommuting jobs permanent, partly due to worker polls in favor working from home.  

If you’re of like mind, what can you expect when you shop for a home in the ‘burbs? According to recent statistics, on average, a suburban home costs $230,000 compared to $431,000 home in the city with 300 more square feet of living space. You may pay over list price or get into a bidding war due to intensifying demand, but you’ll still save money and have a new outlook on life!

TIPS FOR SELLERS

Quotes from my favorite stager

Who would have guessed that in the midst of a pandemic, we would be having a robust real esate market?  Certain price ranges are making the news with multiple offers over list price!  However, if your home is in a price range where the buying pool is shallow, it pays to listen to the advice of Carole Morgan, of Stage Right Home Staging.  Words to the wise...

"We used to cast a wide net, now we cast the perfect lure."

"Our target market is probably younger than we are; they have their own taste."

"A buyer will pay top dollar for their dream home, but will not pay to fix it up."

"A price reduction  will not change a buyer's mind; don't bypass making necessary changes and give the buyer a chance to say NO!"

"Only 10% of the population has the vision to envision."

www.stagerighthomestaging.com    (269)207-9632

MI Lic #: 6501149935
5839 Oakland Dr. Portage, MI 49024

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