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KW Park City Keller Williams Real Estate Blog

Monday, March 30, 2020   /   by Nikki Keye

The Most Likely New Home Features Of 2020

Homebuilders have to be tuned in to what potential buyers want. After all, if they're building homes that don't have the features and amenities that buyers desire, they're going to have a hard time selling houses. That much is obvious. The harder part is determining what will be the most sought after features from year to year. Fortunately, the National Association of Home Builders conducts a nationwide survey each year to drill down on what builders say are the most popular home features. For example, according to the most recent results, the number one feature most likely to be included in newly-built single-family homes this year is a walk-in closet for the master bedroom. That shouldn't come as too much of a surprise, though. Storage areas are always big with buyers. Other features that made it near the top of the list include low-energy windows, laundry rooms, energy-efficient lighting, a central kitchen island, energy star appliances, and great rooms. At the bottom of the list, c) ...

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Wednesday, March 25, 2020   /   by Nikki Keye

What Might Be Ahead For Home Prices?

Home prices have been rising for several years now. A combination of increasing buyer demand and a lower-than-normal number of homes for sale led to more competition among home shoppers and put upward pressure on prices. That's why most of the discussion about where the housing market was headed this year focused on the number of available homes for sale. If more homes became available, it would help keep prices from climbing too quickly. If inventory stayed low or fell further, price increases might begin to accelerate. Now, due to the coronavirus, there is more uncertainty. But, according to some analysts, the housing market – and home prices – are well-positioned to withstand the effects of any upcoming volatility. Mostly, this is because the market's main challenge was there not being enough homes to keep up with demand from buyers. If demand were to temporarily decline, price increases may slow but something similar to the crashing values seen during the financial cris) ...

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Tuesday, March 3, 2020   /   by Nikki Keye

When Is The Best Time To Sell Your Home?

Spring is traditionally thought of as the start of the home buying season. Harsh winter weather begins to fade and interested buyers become more active. Because of this, homeowners who hope to sell often wait for spring to list their home. But what is the best time to put your home up for sale, if you want to get the best price for it? Well, it depends on where you are in the country. Naturally, in warmer parts of the country, it comes earlier than in others. For example, late March is the best time for selling in San Diego, but Cincinnati homeowners do better in early July. Generally speaking, though, the first two weeks of May brings the highest premium for homeowners with a house for sale. In fact, according to one recent analysis, sellers who list their homes during the first half of May get $2,100 more for their house.
In the Wasatch Back inventory is so low, now is the best time to list your home!  Of course, the right time for you will likely depend on your particular cir) ...

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