Doron's Vlog

I always start my annual predictions report by quoting the great Yogi Berra, who said: “It’s tough to make predictions, especially about the future.” And then, I proceed to step out on the ledge and make a sincere, if feeble attempt to do just that. So, what can we expect in the coming year in the real estate market in our area? Stick around and I’ll share with you my iron clad predictions for 2023! Let’s start with what we know: We know home prices have, for the most part, leveled off (or are heading in that direction). Keep in mind that median prices naturally drop every fourth quarter, so for the fourth quarter of 2022 it was hard to tease out the seasonal affects from the other affects. More importantly, sellers seem to be accepting this new price reality, as we see sellers listing their homes at prices are more reasonable, compared to earlier in 2022. We know that the mortgage interest rates that pushed many buyers to the sidelines, have been trending downward recently. We know that much of what contributed to the market uncertainty, causing both buyers and sellers to take a wait-and-see position, thins such as inflation, gas prices, even the elections, are now slowly improving and are no longer weighing heavily on buyers’ minds. And, the bottom line, we know that many of those buyers who pulled out of the market about six or nine months ago, have been returning to the market in the last month or two, lured back by the declining mortgage interest rate and the more realistic home prices. Based on what we know, what do I expect to see in the coming year? Inflation seems to continues to drop, which will cause mortgage interest rates to continue their downward trend. And the lower the mortgage interest rates, the more buyers will participate in the real estate market. Now, some of these buyers will be brand new to the market, while other will be buyers those who dropped out a few months ago, and are now returning to the market. The net result will be an increase in overall consumer demand. I also expect more sellers to enter the market, increasing both the quantity and quality of the housing inventory. The net result here will be an increase in overall market supply. Now, while it’s hard to predict which of these two forces – supply and demand – will be more dominant, I do NOT expect that we’ll see the kind of market craziness that we’d seen during 2020 through the first quarter of 2022. I also expect that we will not see price drops! Rather I expect that we’ll see price stability, and even some modest home price appreciation. So there you have it – my predictions for the 2023! And what should you do with all these “iron-clad” predictions? I’m glad you asked… If you’re a seller, then 2023 will be a good year for you! The buyers will be there waiting for you with open arms and reasonably open wallets. While you shouldn’t expect too many bidding wars, you also shouldn’t need to worry about your home sitting on the market for months, forcing you to continue dropping your price. Of course, this assumes, that you take all the necessary steps to get your home ready for the market, that you price correctly and market it correctly. If you need some specific advice on that, with absolute no obligation, just call me at the number below If you’re a buyer, expect to see better inventory this year, but also some competition. To that end, make sure that you are ready, as if you are going into a tough sellers’ market, by educating yourself about the market in general, and about the home buying process in particular. This education piece is a critical step that we offer to all of our clients at no cost and with no obligation. Again, please call me at the number below. And… make sure your loan financing is ready, including your lender’s underwriter approval, so you can compete effectively, even against cash buyers. And if you’re looking to both buy and sell… well, 2023 is likely to be a good year for you too. But make sure to understand how to reduce your risk and minimize your exposure, by timing the buying and selling transaction correctly. Doing it wrong can cost you dearly and put you in some financial risk. I’ll be happy to explain your different options on that. Please feel free to call me at the number below, for a no-obligation consultation. And finally, if you know anyone who is ready to sell and/or buy a home, please send them our way. Our 5-step selling system lays out the plan for selling fast and for the most amount of money. And our 3-step buying system for buyers helps you find the right home and secure it for the best deal possible. And remember that a good portion of our income then goes to support the kids at Childhaven. Happy 2023!

When it comes to selling your home in Seattle, first impressions can make all the difference. That's why it's crucial to optimize your presentation with professional pictures and details that showcase the best features of your property. In today's digital age, more and more buyers are searching for homes online, so having high-quality photos and informative descriptions is key to grabbing their attention and making a lasting impression. Here are a few reasons why it's important to optimize your presentation with professional pictures and details when selling your home in Seattle: Stand Out from the Competition Seattle's real estate market is highly competitive, with many sellers vying for the attention of potential buyers. By optimizing your presentation with professional photos and detailed descriptions, you can set your home apart from the rest and make a strong first impression. High-quality photos that capture the unique features and character of your property can help grab the attention of buyers and entice them to take a closer look. Highlight Your Home's Best Features Professional photos can help highlight your home's best features and showcase its unique qualities. Whether it's a beautiful backyard, a spacious kitchen, or a stunning view, high-quality photos can capture the essence of your home and make it more appealing to potential buyers. Additionally, detailed descriptions can provide valuable information about your home's layout, amenities, and upgrades, helping buyers envision themselves living in the space. Generate More Interest and Showings By optimizing your presentation with professional photos and detailed descriptions, you can generate more interest in your home and attract more potential buyers. A well-presented property is more likely to generate inquiries and showings, which can lead to a quicker sale and a better price. When buyers can see high-quality photos and informative descriptions online, they're more likely to schedule a showing and take the next step toward purchasing your home. Increase Your Home's Value Investing in professional photos and detailed descriptions can increase the perceived value of your home and justify a higher asking price. When buyers see that you've taken the time to present your property in the best possible light, they may be more willing to pay a premium for it. Additionally, a well-presented home can help create a sense of urgency among potential buyers, which can lead to multiple offers and a bidding war. Save Time and Reduce Stress By optimizing your presentation with professional photos and details, you can save time and reduce the stress of selling your home. When your property is presented in the best possible light, you may receive more qualified leads and fewer inquiries from buyers who aren't a good fit. This can help streamline the selling process and make it easier to find the right buyer for your home. In conclusion, optimizing your presentation with professional photos and detailed descriptions is essential when selling your home in Seattle. By standing out from the competition, highlighting your home's best features, generating more interest and showings, increasing your home's value, and saving time and reducing stress, you can make the most of your selling experience and achieve the best possible outcome. So, invest in professional photos and detailed descriptions and make sure your home stands out in Seattle's competitive real estate market. If you need some professional presentation advice, please call us at 📞206-779-9808 to arrange for an in-home consultation. There is absolutely no cost for this and never an obligation to list with our team.

When it comes to selling your home in Seattle, maximizing open spaces and flow is crucial to creating a welcoming and comfortable environment that potential buyers will love. Open spaces and good flow can create a feeling of spaciousness and lightness that can make your home feel bigger and more inviting. Here are some reasons why it's important to maximize open spaces and flow when selling your home in Seattle: Appeal to Modern Home Buyers Today's home buyers are looking for modern, open spaces that allow for easy movement and access to all parts of the home. Maximizing open spaces and flow can make your home more appealing to these buyers, as they value functionality and convenience. By removing unnecessary walls or opening up the layout, you can create a more open and airy space that will appeal to a wide range of potential buyers. Create a Spacious and Comfortable Environment Open spaces and good flow can create a feeling of spaciousness and comfort that can make your home feel more inviting and relaxing. This is especially important in Seattle, where natural light and outdoor views are highly valued. By maximizing open spaces and flow, you can create a home that feels light and airy, and that takes advantage of natural light and outdoor views. Highlight Your Home's Best Features Maximizing open spaces and flow can help highlight your home's best features, such as natural light, views, and architectural details. By removing walls or rearranging furniture, you can create a more open and spacious environment that showcases your home's unique qualities. For example, if you have a beautiful view, maximizing open spaces and flow can help draw attention to it and make it a focal point in the home. Create a Better Flow for Entertaining Open spaces and good flow can create a better flow for entertaining and socializing, which is an important consideration for many home buyers. By maximizing open spaces and flow, you can create a home that feels welcoming and conducive to socializing, whether it's for family gatherings or entertaining friends. This can help potential buyers envision themselves living in the space and hosting their own social events. Maximize Your Home's Value Maximizing open spaces and flow can increase the value of your home by making it more appealing to potential buyers. Open spaces and good flow are highly sought after in today's market, and homes that offer these features can command a premium price. By investing in improvements that maximize open spaces and flow, you can increase your home's perceived value and justify a higher asking price. Create a Sense of Calm and Relaxation Open spaces and good flow can create a sense of calm and relaxation that can make your home more appealing to potential buyers. By eliminating clutter and creating a more open and airy environment, you can create a sense of peace and tranquility that can help potential buyers feel more at home. This can be especially important in Seattle, where many people value a relaxed and peaceful lifestyle. In conclusion, maximizing open spaces and flow is essential when selling your home in Seattle. By appealing to modern home buyers, creating a spacious and comfortable environment, highlighting your home's best features, creating a better flow for entertaining, maximizing your home's value, and creating a sense of calm and relaxation, you can create a home that will appeal to a wide range of potential buyers and justify a higher asking price. So, invest in improvements that maximize open spaces and flow, and create a home that will make a lasting impression on potential buyers. If you need some professional presentation advice, please call us at 📞 206-414-5400 to arrange for an in-home consultation. There is absolutely no cost for this and never an obligation to list with our team.