🏡🦊Are you thinking about buying🏡a home in Santa Cruz , CA? If you are thinking about it, but do not yet know how or where to start, watch this video for a few simple, yet crucial steps. This will help guide you and prepare for what you need to do to buy👍a home in Santa Cruz, CA. If you have any questions or would like to schedule a 🆓 consultatio, please let me know☎. Shemeika Fox-Your Santa Cruz Real Estate Expert is here to help! 🦊🏡
Fox Realty Group
David Lyng Real Estate
🦊Email me firstname.lastname@example.org a story of one of your favorite Dad memories for the chance to win a gift certificate💰to one of our favorite Santa Cruz Restaurants. We want to hear from you! 👍😘
Shemeika Fox – Realtor
David Lyng Real Estate
🏡Hi there and welcome to Carriage Acres Mobile Home Park. This is an all-age community in ☀️ Soquel. I’m Shemeika Fox🦊, your Santa Cruz real estate expert and we’re going to go look at unit number 86, come on in, let’s go take a look.🚘check it out you have three parking spots in front of your home which is unusual. We have new floors that are virtually indestructible 🙌and still look like hardwood floors. The kitchen has been updated.🆕cabinets and drawers. Gorgeous light fixtures. And all new appliances. The dining room is just off the kitchen, the entire area is open, light and bright, perfect for entertaining or hanging out with your friends and family. High ceilings and skylights make this home super bright plus it’s got three bedrooms and two full bathrooms. The master suite is at the end of the house. Complete privacy with your own bathroom attached. This home also has its very own laundry room and mud room that leads directly outside to two patios. Both fig trees 🌳are in full bloom and if you time it right, you can be here for harvest. I’m Shemeika Fox, your Santa Cruz real estate expert and I’m here to help.🏡🦊
Brought to you by: Shemeika Fox – Your Santa Cruz Real Estate Expert
Grad weekend in Santa Cruz, CA can be a fun and busy time to be here. If you or anyone you know needs any tips or ideas on where to stay, eat and things to do, let me know. I am here and always happy to help.
Shemeika Fox 🦊
David Lyng Real Estate
Bayview Elementary School Art Project- Brought to you by Shemeika Fox – Your Santa Cruz Real Estate Expert
🦊🏡The question on everyone’s mind is what’s happening across the country and right here in Santa Cruz in regards to home prices.
Are we going up or down?⏫⏬Buyers are wondering, should I wait to buy a house? Are prices going down? ⏬Sellers are wondering, should I wait to sell because prices may go up?
Hi, I’m Shemeika Fox, your Santa Cruz Real Estate Expert. 🏡🦊
I know, I get it. With all the negative press out there, who do we believe?
Well I say, don’t believe me, and don’t believe the news. Let’s look at what the experts are saying and what is actually happening right now. A report that came out from The National Association of Realtors shows that we have an average of 3.6% increase across the United States in home prices. That is considered normal. 📊
Here’s the deal, yes, we’ve seen higher over the past few years, and that is because we were recovering from the crash. You can also see by this graph for year-over-year change in price, we are seeing an average of 3% to 7.9% increase in almost all areas across the U.S. That’s what’s happening now. But what’s in store for our future? 🔮
Well let’s see what the experts are forecasting. The Home Price Expectation Survey, which is a survey made up of a nationwide panel of over 100 economists, real estate experts, and investment and market strategists are predicting cumulative appreciation through 2023. We’ve got the aggressive ones who are predicting about 28.3%, the in-betweeners are anticipating about 17%, and the super conservative, who are predicting an overall accumulative appreciation of about 6.5%. 🧠
So the experts are anticipating a slow and steady normal appreciation of home prices over the next five years. So if you are thinking about buying, it doesn’t look like home prices are going down anytime soon, according to the experts. 💰And if you’re wanting to sell, they are going up, but so is the house you are going to purchase.🤑💸
Let’s not forget about interest rates and how they affect buying and selling. According to the experts like Fannie Mae, Freddie Mac, The Mortgage Broker’s Association, and The National Association of Realtors, they are predicting interest rates to slightly increase through quarter four.⏫So remember, buyers and sellers, as interest rates increase, you need to think about how they affect what your mortgage payment will be and also how many people will be able to qualify to purchase your home. Buyers, remember, as interest rates increase, so does your payment.💵Sellers need to beware that the number of people who can qualify to buy your home actually goes down as interest rates increase. So there you have it, the housing market is looking good.👍As always, feel free to reach out to me for anything Santa Cruz community or Santa Cruz real estate related. I’m Shemeika Fox, Your Santa Cruz Real Estate Expert and I’m here to help.
Shemeika Fox – Your Santa Cruz Real Estate Expert
David Lyng Real Estate
7 simple steps to get your home ready to sell – Brought to you by : Shemeika Fox – Your Santa Cruz Real Estate Expert
– Do you want to dress your home for success?
Here are a few simple yet important steps you can take in preparing your home for sale in Santa Cruz. Hi, I’m Shemeika Fox, your Santa Cruz real estate expert and if you follow the following simple steps, your home will be dressed for success.
- Improve your landscaping. Curb appeal is crucial to a good first impression.
- Make the front door inviting. A fresh coat of paint, especially in a color that contrasts with the home, will make the front door stand out.
- Remove clutter and depersonalize. Buyers want to envision their belongings in your home. If your stuff still occupies the space, a buyer has a hard time imagining living there.
- Organize closets and drawers. Messy closets give the appearance that your home doesn’t have enough storage.
- Make every surface shine. From ceiling fans to floors and everything in between.
- Paint your home a neutral color. Just because you like lime green, doesn’t mean a buyer will.
- Eliminate bad odors. If a buyer gets a bad whiff, woo, that will be the only thing they remember about your lovely home. If you are considering selling your home in Santa Cruz and are ready to dress your home for success, call me for a free list of vendors. I’m Shemeika Fox, and I’m here to help.
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make before selling your home.
Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.
Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!
Refresh the landscaping.
Show buyers your home is the full package by dressing up the outside as well as the in. Clean walkways and driveways, plant seasonal flowers and plants, trim hedges and trees, install outdoor décor pieces and fill in mulch and gravel.
Fix your fixtures.
Leaky faucet? Rusted drains? Loose drawer handle? Making these small fixes can make a big difference to potential buyers with detailed-orientated minds. Improve your kitchen. An outdated kitchen can be a real eyesore in a home. Updating cabinetry, repairing or replacing countertops, and installing new faucets and sinks may be worth the investment.
Every home and budget are different. Thus, a walk through is important to determine the best and most cost effective way to get your home ready for sale. For a free consultation call: (831) 588-2334. I am here to help and listen!
Average homebuyer budget down $21K amid rising rates
A homebuyer earning the median US income is finding their choice of affordable homes falling as mortgage rates rise.
Assuming they use 30% of their income for monthly mortgage payments, they would have been able to afford a home up to $393,700 a year ago. But while rates were 4.15% in January 2018, as we begin a new year, an analysis from Zillow finds that the budget is slashed to $372,000 due to 4.63% rates.
If mortgage rates climb to 6% in 2019, that homebuyer will see the ceiling for their budget cut to $319,200 if their income remains the same and they stick to using 30% for mortgage payments.
The figures reveal that those buyers could be priced out of almost 50,000 US homes.
“In the end, the best time to buy a home is always when the time is right for an individual buyer – often when they’re financially ready, when they’re relocating to a new area or a major life event requires them to upsize or downsize. It’s also important to remember that rates on a typical mortgage remain very low by historic standards – especially given the type of strong economic growth we’ve been experiencing.”
The impact of rising rates cuts buyers’ budgets even more in expensive markets. For example, in San Jose, the nation’s most expensive metro, a 6%mortgage rate would mean buyers making the $118,400 median household income, would see their budget reduced by $102,100 than they might consider now to maintain monthly mortgage payments at 30% of income.
In each of the 35 largest metro areas in the U.S., the drop in buying power is at least $46,500.
Home at 5
Home at 6
|New York, NY||$76,582||$435,700||$465,200||$421,500||$399,200|
|Los Angeles, CA||$70,591||$650,400||$428,800||$388,500||$367,900|
|Dallas-Fort Worth, TX||$67,605||$237,800||$410,700||$372,100||$352,400|
|San Francisco, CA||$104,496||$963,000||$634,800||$575,100||$544,700|
|San Diego, CA||$75,831||$592,800||$460,600||$417,400||$395,300|
|St. Louis, MO||$63,468||$165,600||$385,500||$349,300||$330,800|
|San Antonio, TX||$59,287||$190,500||$360,100||$326,300||$309,000|
|Kansas City, MO||$65,266||$189,100||$396,500||$359,200||$340,200|
|Las Vegas, NV||$57,909||$277,300||$351,800||$318,700||$301,800|
|San Jose, CA||$118,427||$1,251,200||$719,400||$651,800||$617,300|
A recent survey from the National Association of Realtors® revealed that 77 percent of buyers’ agents said staging a home makes it easier for potential buyers to visual it as their own. That’s why here at Breakthrough Broker, we believe staging is not to be overlooked! Here are our top tips.
- Dress up your yard. First impressions count, and the first one your home gives comes from the exterior. Mow the lawn, clean up shrubbery, rake any leaves, clean the walkway and driveway, plant in-season flowers, and pull up any unsightly weeds.
- Reduce personal items. Make it easier for buyers to imagine themselves making your house their home by removing personal photos and knick-knacks from shelves, walls, and counters. Instead replace them with clean, simple décor, such as abstract paintings, nature images, vases, plants, and more.
- Organize your storage areas. Storage is a huge selling point. Tidy up and clear out the accessible closets and cupboards in the home and make sure to point them out during an open house or showing.
- Appeal to the senses. Consider ways you can appeal to potential homebuyers’ other senses. During a viewing or open house, bake some fresh cookies or burn delicious smelling candles and play light, relaxing music in the background.
- Consider turning to an expert. With their knowledge of current trends and great eye for design, professionally certified stagers can transform a home in a variety of ways and have a keen sense of what homebuyers want and expect in a home. Investing in hiring a pro may pay off in dividends.