North County real estate market: spruce up for spring buyers
By Patricia Kramer & Patricia Lou Martin
Get ready, folks: spring buyers are coming to the
North County real estate market
- Throughout San Diego, so-called “flash sales” are already taking the county by storm; and with the height of the home buying season just ahead, sales numbers are expected to climb even higher in the coming months. For those looking to sell their homes, whether in Rancho Santa Fe or along the coast, now is the time to think green – in terms of fresh, attractive landscaping, energy-saving upgrades, spring cleaning and of course, getting the best possible value for your property. Read on to find out how the San Diego market is shaping up, and what you can do to be prepared.
Spring into buying season
Spring is all about freshness, growth and rebirth; and when it comes to putting your home on the market, it can be advantageous to channel some seasonal energy as you prepare your property for inspection. Start by sprucing up the façade and landscaping to increase curb appeal, and incorporate healthy, blooming plants and clean, crisp colors to evoke newness. Next, consider a few simple green upgrades, like energy-saving bulbs or appliances that will make your home stand out in today’s increasingly eco-centric market. Finally, take advantage of the spring cleaning bug to de-clutter your home from the inside out. Clean, open spaces are inviting for prospective buyers, and make interiors seem bigger and brighter no matter the season. Finally, make sure to get additional advice and guidance from an expert realtor in order to maximize returns on your spring upgrades.
Capitalize on high prices and high demand
Between rising home prices and high buyer demand, now is truly an ideal time for sellers to put their homes on the market. The
San Diego Association of Realtors
recently reported a marked increase in prices of single-family homes as of last month, with averages jumping 14 percent between February 2012 and March 2013. This increase constitutes the first time in two years that San Diego median home prices have passed the $400,000 mark, further solidifying the sense that it is indeed a seller’s market. However, even with favorable market conditions, it is still important for sellers to get their homes ready for the spring home buying season – and to consult a realtor to make the most of today’s market trends.
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