Expert Tips on Pricing Your East Mesa Home for Sale! Expert Tips on Pricing Your East Mesa Home for Sale! Here are some tips from realty experts about how to best price your home for…
5 New Trends in Las Sendas Real Estate Market
The Las Sendas real estate market has always been a healthy one. East Mesa is a hot area that has plenty of great recreational activities, exciting business opportunities, and access to some of the best schools around.
If you are looking to buy a house in the Las Sendas market, it’s important that you understand the trends that could influence everything from the competition you face to the price you might buy. If you are looking to sell a house in the area, you’ll also need to know the trends to figure out how to position your home for the best and fastest sale. Working with the right real estate agent in East Mesa can help you understand how your goals fit in the current market.
Here’s an overview of some of the top trends we’re noticing in the Las Sendas and East Mesa real estate market:
1. Millennials Will Dominate Buying
Millennials are going to be the largest group of buyers in 2017. They are reaching the age where they want their own space, they are getting married, or they are ready to start a family. Therefore, they are ready to buy, and they are most interested in homes in safe neighborhoods, great school districts, and family friendly communities. East Mesa is the perfect location for many of them to settle down, so they will be competing for homes there in the coming year.
Millennials will also have a little more to spend now that many of them are reaching a more established point in their careers and are also enjoying lower interest rates. Expect these buyers to be fiercely competitive in the housing market this year.
2. Home Values Will Plateau
Home prices have steadily appreciated in the last few years as the economy has strengthened, making it easier for people to buy homes in Las Sendas. This year, home prices will either level off or fall around the country. That makes this a better time for buyers to be in the market, but not the best time for sellers. If you are looking to sell a home in East Mesa, you’ll need to let go of some of your expectations and price your home competitively if you want it to sell quickly. Your real estate agent can give you guidance on realistic pricing and offer suggestions for upgrades that can help you increase your home’s value.
3. Fewer Homes Will Be on the Market
One thing that may work in a seller’s favor is that fewer homes are expected to be on the market. With so many motivated millennial buyers and not as much inventory, that could push prices slightly higher on the homes that are available. Again, it is very important that you work with an experienced real estate agent who can help you understand the nuances of the market and how it is changing week to week. Your agent can help you price or bid competitively to meet your goals as a buyer or seller.
4. Traditional Sales Will Dominate
Sure, you can snap up a great deal with a foreclosure auction or a short sale, but the majority of buyers will continue to get their homes through traditional sales in 2017. At the end of 2016, about 96 percent of homes were sold through traditional sale. As a buyer, that means you’ll need to keep your eye on market listings and work closely with an agent to find the best deals before they are snapped up.
5. Master-Planned Communities are Hot
Master-planned communities take all the guess work out of everyday life for residents. They put essential businesses and services next to the homes, and they carefully balance the development with green spaces and recreational opportunities. While homes in these communities are likely to sell more quickly than others, each home will be considered on its own merits. Don’t make any assumptions about a home’s potential success based on its community.
Predicting the real estate market can feel a bit like looking into a crystal ball. But if you work with the right real estate agent, you can better understand how the trends will influence your goals as a buyer or seller, and you’ll be more likely to find success.
The agents at Coldwell Banker North East Mesa are ready to help you find your dream home in East Mesa or to sell your current home quickly and for top dollar. We represent top communities like Las Sendas, and we have been working in these areas for many years. We bring our expertise and experience to help buyers and sellers get what they want in the market. We are committed to getting you results. Call us today to set up a time to talk about your goals or to start your search.