Listing Courtesy of BERKSHIRE HATHAWAY H.S. FOX & ROACH
When your family needs more or less elbow room, or a neighborhood change is in order, it’s time to start combing the listings for the right Bethany Beachhouse for sale. At the same time, though, now that prices have been steadily rising for so long, it’s not unreasonable to ask yourself if this a good time to be looking? The question arises from the investment side of a home purchase; so it’s logical to ask what the investors are doing…
Those who looked upon any Bethany Beachhouse for sale only as an investment rather than a place to live tend to fall into one of two groups. The first live by the buy low, sell high school of investing. It’s a philosophy that makes perfect sense—it’s been around since before Wall Street was even paved, and its logic is unarguable. Back when U.S. real estate prices took the express elevator down to street level (and below), this group looked at the chart that showed median house prices, noted the cliff they had just gone over, and started looking for the nearest house for sale to scoop up. Their assumption was that these prices had to go up…eventually—no matter how bleak the future looked. Because that’s always the case.
But that group of canny local investors soon found themselves with unexpected competition. Big investment conglomerates started showing up, suddenly looking for houses for sale at bargain prices. The result was a strange kind of bidding war, where the ‘buy low’ investors who spotted a Bethany Beachhouse for sale at a fire sale price had to compete with institutional bidders (and they had unlimited budgets!). A lot of all-cash sales were made, at a few dollars higher than would have been the case if strictly local investors had had the market to themselves.
Although the second kind of investors may have agreed that there is unarguable arithmetic underlying the ‘buy low, sell high’ philosophy, they are unimpressed by it. Buying low and then selling high is a fine abstraction, but since you never know when the lowest price has been reached, nor when the peak high prices have arrived, they ignore the whole price roller coaster phenomenon. Whenever they have accumulated the right amount of money to invest, their single concern is to find a quality Bethany Beachhouse for sale, buy it at a fair current comparable price, and then hold on to it. They have confidence that markets rise and fall, but in the long run, a quality residence will appreciate in value. So these are the buy and hold investors.
Now, most of us consider a Bethany Beachhouse for sale primarily as a place to live rather than as an investment vehicle. Nonetheless, we don’t offer to pay more than its current market value because we don’t want to lose financially should we decide to sell. But in most cases, we plan to live in the home long enough that we consider a loss unlikely. In other words, we fall into the buy and hold group.
So what does that suggest about whether it’s wise to be looking at Bethany Beachhouses for sale when prices have risen as they have? I may be a bit prejudiced, but a ‘yes’ isn’t hard to come by. For the ‘buy low, sell high’ folks, we haven’t even hit the previous high water mark when you take inflation into account. For the buy and hold adherents, it’s always the right time to buy a quality home at a fair price—especially when mortgage rates are low. Which means that now is also the right time to give me a Call/Text me Russell Stucki at (302) 228-7871, email me at firstname.lastname@example.org, visit more listings at www.beachrealestatemarket.com.
Some folks live for our Sussex County winters. For them, the brisk air is a tonic; longer night times are invitations to enjoy the warmth and cheer of fireside camaraderie; the prospect of winter sports is something they look forward to all year long. For everyone else it may be more of a drag—particularly when a succession of storms seem to conspire to make their lives miserable.
It can also be a tough time to sell a Sussex County house—but only if you allow it to be! Winter does tend to make most Sussex County houses look drab and barren; and, in general, potential buyers tend to be scarce for a number of reasons. But those who are in the wintertime hunt are apt to be quite serious, so it’s worth remembering that sales can be kindled on even the bleakest February day—especially for owners who keep in mind some simple guidelines:
1. Create your own warmth
Whether it’s turning up the thermostat, lighting a crackling fire, or arranging for that batch of chocolate chip cookies to have just emerged from the oven, thinking cozy is the antidote to gloomy days. The object is to make the entrance from the cheerless outdoors a passage into a welcoming environment brimming with welcoming ambiance. To sell a house in foul weather, make the contrast with the outdoors as stark as possible!
2. Light their way
To compensate for the dimmer sunlight on some winter days, dispel the gloom by turning on all the lights: lamps, overheads, chandeliers—any and everything to brighten the place. To sell an Sussex County house (especially in later afternoon showings), be certain to open shades and curtains, too.
3. Have summertime pictures on hand
Be sure to lay out a picture or two of the property in more attractive months. While potential buyers may not be able to see the home when the sun is shining, a picture can help them envision what the house is like during most of the year.
4. Plus—the regular drill!
And don’t forget the basics: carefully tidied, sparklingly polished, spotlessly cleaned, etc. It may be a little bit more of a chore to disperse the clutter (it does seem to multiply when you’ve been cooped up for days!), but it’s every bit as important as ever. Aromas are important anytime you sell a house, so obliterate stuffy winter air with strategically placed potpourri and candles.
The fact is, when it’s properly priced, you can sell a house in Sussex County at any time of the year. To get the ball rolling, I hope you will make my number the first one you call!