Real Estate Trends 2021: What You Need to Know
#1: Slim Pickings for Home Buyers
#2: Home Prices Are Still Rising
#3: Mortgage Interest Rates Are Still Super Low
#4: Online Real Estate Services Are Growing
#5: Risky Buying Options Are More Accessible
What if I’m Not Buying or Selling a Home This Year?
#1. Equity probably won’t decrease through 2021.
#2. A real estate market crash looks unlikely.
#3. Regardless of your neighborhood, buyers are interested. READ MORE
Ralene Nelson, REALTOR®
#JUSTLISTED – 538 Black Diamond Dr. Rio Vista, 2bd/2bth/1172sf
Located in Trilogy, The Active Adult Community, don’t miss this great value. Carmel model, 2 bedroom, 2 full baths, carpet in bedrooms & living room. Granite tile kitchen countertops with white appliances & pantry. Home has 2 bay windows, nook & master bedroom, & all rooms have window blinds. Private backyard, grass just needs water. Community provides many activities, tennis, golf, bocce, 2 pools, billiards, gym, and make new friends. READ MORE
Real Estate News
2021: Prepare for a Seller’s Market
Home prices look like they will continue to rise in 2021 according to realtor.com, but at a slower, more normal pace than they did in 2020. However, interest rates are slated to rise, as well, creating challenges for first-time buyers.
This makes the earlier part of the year better for most buyers if they can act quickly. In fact, fast sales will continue to be the norm, but perhaps not as quick as 2020. READ MORE
5 tips for buying in a seller’s market
The Federal Reserve plans to keep interest rates low throughout 2021
To-Dos: Your January Home Checklist
Take down holiday decorations, and store them well. When you’re ready to put away the holiday decorations, take the time to do it with care (you’ll thank yourself later). Wrap delicate ornaments in tissue paper, and wrap string lights around cardboard to prevent tangling. Consider giving away ornaments that didn’t make it onto the tree this year, and repair or toss broken items. And if you’re not ready to say goodbye to the white twinkle lights quite yet, leave them up. We can all use a little extra cheer in the middle of winter.
Protect your home from harsh winter weather and get a jump-start on your top projects for the year.
January may be cold and dark, but it can also be a time for bold beginnings. Make the most of your month by clearing space in your home, boosting warmth and dreaming up plans for the year ahead. Here are to-dos to give your home a little midwinter TLC.
Things to Check Off Your List in an Hour or Less
Check smoke and carbon monoxide detectors. With more heater use and wood fires in the fireplace, it is especially important during winter to make sure those smoke and carbon monoxide detectors are working. Use the test button on each device, and change batteries as needed.
Organize the board games. When bad weather has you stuck indoors and you’re looking for an alternative to screen time, board games and cards are a crowd-pleaser. Pull out everything you’ve got and check that each set has all of the pieces. Put games your family no longer enjoys aside to give away, and put the rest back neatly.
Organize cold-weather accessories. Stay toasty warm with plush, thick socks, cozy hats, scarves and gloves or mittens. Sort through your sock drawer, entryway baskets and hooks and anywhere else cold-weather accessories are hiding, and take stock of what you have. Replenish as needed.
Tackle These Tasks Over a Weekend
Protect pipes from freezing. Why? Because frozen pipes can burst, leading to costly repairs. If you haven’t done so yet, be sure to insulate any exposed outdoor pipes. And if you’re planning to be away from home, ask a friend or neighbor to turn on your water to a trickle. Also, find out where your home’s water shut-off valve is so you can cut off the water quickly if a pipe does burst — and be sure to show your house sitter where it is.
Refresh play spaces. Entice little ones stuck indoors to creative play and cut down on cries of “I’m bored!” Try adding a chalkboard or whiteboard wall, a play tent or tepee, an area for messy art, a “stage” for acting or a tumbling mat.
Give potted plants some TLC. If your house gets very dry in the winter with the heater on, you may need to add humidity to the air around some plants, especially citrus trees and ferns. You can use a humidifier or simply spritz them with plain water occasionall
Clear home and wardrobe clutter. Make a fresh start with the new year and clear out the clutter. If dealing with the whole house feels overwhelming, focus on just a few categories of items, such as clothes, books and children’s toys.
Clean out the kitchen and pantry. Remove everything from the pantry, toss out stale and expired foods and wipe down the shelves before putting everything back.
Clean out the fridge and freezer, and clear off countertops. Let the refreshed space motivate you to stick with your health resolutions for the new year.
Give in to the urge to hibernate. In winter, it’s natural to want to spend extra time at home, just relaxing. Make yourself a haven for snuggling up to watch a movie or read. Layer on warming textiles, pour some hot tea or make cocoa, and settle in.