Nancy Lederman

12/02/2022

11/14/2022

The power is shifting (a bit). Less competition + more inventory = seller concessions (price cuts, rate buydowns) are back.

📲Selling? What can you expect when you list your home for sale. Buying? Navigating the process has changed over the last few months, what does this mean for you?

The cost of buying a house has risen, but if you dig into the data, you'll find that many homebuyers might actually be in the driver's seat.

11/12/2022

Have you been watching the interest rates climb and home affordability slipping away? Maybe looking back, instead of ahead, will provide answers.

📲 Let's talk about your real estate goals and discuss how to navigate the current real estate market.

10/18/2022

𝘛𝘩𝘦 𝘱𝘭𝘢𝘺𝘣𝘰𝘰𝘬 𝘧𝘰𝘳 𝘴𝘦𝘭𝘭𝘪𝘯𝘨 𝘢 𝘩𝘰𝘮𝘦 𝘯𝘦𝘦𝘥𝘴 𝘢 𝘮𝘢𝘬𝘦𝘰𝘷𝘦𝘳, 𝘢𝘯𝘥 𝘰𝘧𝘵𝘦𝘯 𝘴𝘰 𝘥𝘰 𝘵𝘩𝘦 𝘩𝘰𝘶𝘴𝘦𝘴.

Not all renovations are worth the cost for sellers, data suggest. 𝐓𝐡𝐞 𝐭𝐨𝐩 𝐭𝐡𝐫𝐞𝐞 𝐢𝐧𝐭𝐞𝐫𝐢𝐨𝐫 𝐫𝐞𝐦𝐨𝐝𝐞𝐥𝐢𝐧𝐠 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡𝐞𝐬𝐭 𝐫𝐞𝐭𝐮𝐫𝐧 𝐨𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐫𝐞 𝐚 𝐡𝐚𝐫𝐝𝐰𝐨𝐨𝐝-𝐟𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐫𝐞𝐟𝐢𝐧𝐢𝐬𝐡, 𝐧𝐞𝐰 𝐰𝐨𝐨𝐝 𝐟𝐥𝐨𝐨𝐫𝐢𝐧𝐠 𝐚𝐧𝐝 𝐚𝐧 𝐢𝐧𝐬𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐮𝐩𝐠𝐫𝐚𝐝𝐞, according to a recent National Association of Realtors report.

Some sellers might find that smaller fixes such as a fresh paint job can make a bigger impression on buyers than pricier changes such as a renovated third bathroom, real-estate agents said.

A big remodeling project, such as a new kitchen or deck, might not be worth the investment and delay a seller’s timeline, given supply and labor shortages, said Jessica Lautz, a vice president at NAR. 𝘍𝘰𝘤𝘶𝘴 𝘰𝘯 𝘮𝘰𝘳𝘦 𝘢𝘧𝘧𝘰𝘳𝘥𝘢𝘣𝘭𝘦 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴 𝘵𝘩𝘢𝘵 𝘢𝘱𝘱𝘦𝘢𝘭 𝘵𝘰 𝘣𝘶𝘺𝘦𝘳𝘴 𝘢𝘯𝘥 𝘭𝘰𝘰𝘬 𝘣𝘦𝘢𝘶𝘵𝘪𝘧𝘶𝘭 𝘪𝘯 𝘱𝘩𝘰𝘵𝘰𝘴, such as refinishing hardwood floors, she said.

Anything that isn't broken, is costly to replace and isn’t overtly visible, such as a new central air-conditioning system, won’t impress buyers as much as improvements they can see, such as new doors for the kitchen cabinets or customizable closet shelves, she said. Aim to fix anything that an inspection would turn up.

𝐃𝐨𝐧’𝐭 𝐟𝐢𝐱𝐚𝐭𝐞 𝐨𝐧 𝐢𝐭𝐞𝐦𝐬 𝐭𝐡𝐚𝐭 𝐝𝐨𝐧’𝐭 𝐦𝐚𝐭𝐭𝐞𝐫... 𝐭𝐨 𝐛𝐞𝐭𝐭𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮𝐫 𝐛𝐞𝐬𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐢𝐬, 📲𝐫𝐞𝐚𝐜𝐡 𝐨𝐮𝐭 𝐭𝐨 𝐦𝐞 𝐭𝐨 𝐝𝐢𝐬𝐜𝐮𝐬𝐬.

The playbook for selling a home needs a makeover, and often so do the houses.

09/16/2022

That home might be overpriced if it’s been on the market for 3+ weeks, or is priced higher than similar properties in the area….plus other red flags to be on the lookout for.

Sellers are no longer in a position to jack up their prices and expect homebuyers to pay them. Here are five signs they're out of touch.

09/11/2022

“If we learn nothing else from this tragedy l, we learn that life is short and there is not time for hate.” - Sandy Dahl, wife of Flight 93 pilot Jason Dahl, in Shanksville, PA- 2002

#911

09/09/2022

Increasing interest rates have definitely impacted the purchasing power for home buyers. 𝘋𝘪𝘥 𝘺𝘰𝘶 𝘬𝘯𝘰𝘸 𝘺𝘰𝘶𝘳 𝘣𝘰𝘳𝘳𝘰𝘸𝘪𝘯𝘨 𝘱𝘰𝘸𝘦𝘳 𝘪𝘴 𝘥𝘪𝘳𝘦𝘤𝘵𝘭𝘺 𝘳𝘦𝘭𝘢𝘵𝘦𝘥 𝘵𝘰 𝘺𝘰𝘶𝘳 𝘤𝘳𝘦𝘥𝘪𝘵 𝘴𝘤𝘰𝘳𝘦? 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐡𝐨𝐰 𝐭𝐡𝐞𝐲’𝐫𝐞 𝐜𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐞𝐝, 𝐚𝐧𝐝 𝐡𝐨𝐰 𝐲𝐨𝐮𝐫 𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐢𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐬𝐜𝐨𝐫𝐞 𝐜𝐨𝐮𝐥𝐝 𝐬𝐚𝐯𝐞 𝐲𝐨𝐮 𝐭𝐡𝐨𝐮𝐬𝐚𝐧𝐝𝐬 𝐨𝐟 𝐝𝐨𝐥𝐥𝐚𝐫𝐬 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐥𝐢𝐟𝐞 𝐨𝐟 𝐚 𝐥𝐨𝐚𝐧.

If you’ve got questions about how to prepare to buy a home, send me a message — I’m happy to help!

08/15/2022

I am so happy to have navigated the sale of this highly desirable ranch-style home for my client who was initially overwhelmed by the process. I walked him through the timeline step-by-step, providing transparency into what he should expect at each milestone.

𝘞𝘦 𝘸𝘦𝘳𝘦 𝘢𝘣𝘭𝘦 𝘵𝘰 𝘴𝘦𝘤𝘶𝘳𝘦 𝘢 𝘤𝘢𝘴𝘩 𝘰𝘧𝘧𝘦𝘳 $𝟹𝟶,𝟶𝟶𝟶 𝘰𝘷𝘦𝘳 𝘭𝘪𝘴𝘵 𝘱𝘳𝘪𝘤𝘦. The transaction moved along quickly and seamlessly, with the assistance of trusted real estate attorney, Donna Ruberman Shahrabani.

𝐓𝐡𝐢𝐬 𝐬𝐚𝐥𝐞 𝐢𝐬 𝐭𝐡𝐞 𝟓𝐭𝐡 𝐨𝐮𝐭 𝐨𝐟 𝐦𝐲 𝐥𝐚𝐬𝐭 𝟔 𝐭𝐡𝐚𝐭 𝐡𝐚𝐯𝐞 𝐬𝐨𝐥𝐝 𝐚𝐛𝐨𝐯𝐞 𝐚𝐬𝐤𝐢𝐧𝐠, 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐥𝐨𝐧𝐞 𝐞𝐱𝐜𝐞𝐩𝐭𝐢𝐨𝐧 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐚𝐭 𝐭𝐡𝐞 𝐥𝐢𝐬𝐭 𝐩𝐫𝐢𝐜𝐞.

𝘐 𝘭𝘰𝘰𝘬 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘵𝘰 𝘩𝘦𝘭𝘱𝘪𝘯𝘨 𝘰𝘵𝘩𝘦𝘳𝘴 𝘯𝘢𝘷𝘪𝘨𝘢𝘵𝘦 𝘵𝘩𝘦 𝘱𝘳𝘰𝘤𝘦𝘴𝘴…𝘪𝘧 𝘺𝘰𝘶 𝘬𝘯𝘰𝘸 𝘢𝘯𝘺𝘰𝘯𝘦 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘳𝘦𝘢𝘭 𝘦𝘴𝘵𝘢𝘵𝘦, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘥𝘰𝘯’𝘵 𝘩𝘦𝘴𝘪𝘵𝘢𝘵𝘦 𝘵𝘰 𝘋𝘔 𝘮𝘦!