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Before You Sell – How much will you get back on upgrades?

Posted on: March 8, 2020

Crawling Baby with a Guardian

As I Realtor, I am frequently asked for home selling tips, and among the most common are about the return on investment for various home projects, upgrades and renovations.  ‘How much value will this add?’ ‘Will I get my money back?’

A Google search finds countless articles, surveys and expert opinions on the subject, but no real consensus.  For example, do a search on how much value a new roof adds.  2 organizations in the business of real estate have vastly different opinions. Zillow says you’ll recover 68% of the cost when you sell, while the National Association of Realtors says you recover 105% of the cost.

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Filed under: Folsom, Real Estate

Folsom Housing Market Outlook and Predictions for 2020

Posted on: December 21, 2019

housing up and down

It’s that time of year. All of the ‘experts’ come out of their predictions for the coming year’s real estate market.

Can you count on them? Sometimes, but the real estate market is hard to figure out, even for the experts.

When the market bottomed out in 2012 and prices started to rise, some warned that it was only temporary, and that the worst was yet to come.

Nearly 8 years later, prices have fully recovered in most markets.

So, are we due for a correction? A crash? Or, will prices keep going up?

No one really knows, but supply, demand, interest rates, unemployment rates, optimism, pessimism, they all go into what ends up happening to the housing market.

I’ve gathered a few expert opinions, and have some of my own on what to expect for the housing market in general, and Folsom, in particular.

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Filed under: Folsom, Real Estate