Some insights from REALTOR® association’s 2013 Profile of Home Buyers and Sellers Reply

The National Association of REALTORS® recently released the 2013 Profile Home Buyers and Sellers

The National Association of REALTORS® recently released the 2013 Profile Home Buyers and Sellers

The National Association of REALTORS® (NAR) recently released this year’s edition of its Profile of Home Buyers and Sellers.  This study was based on a 122 question survey that was sent to 148,011 home buyers, of which 8,767 home buyers responded from different regions of the country.  Home buyers who were surveyed bought their home between July 2012 and June 2013.   Data regarding home sellers was acquired from those home buyers that also sold a home.

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How much should you invest in improvements when selling a Pioneer Valley home? Reply

Whenever I speak to a Pioneer Valley home seller, I am usually asked what they can do to improve the value of their home, and subsequently, the list price.  While many improvements may add value, home sellers need to consider how much value will be added relative to the amount invested in the improvement.  Once a home seller performs this calculation, it is likely that they will find it more cost-effective to simply go after the low-hanging fruit. More…