The new year rolled in and a couple of hundred residential listings in the communities covered in this report rolled out. Expired, that is. We dropped from 948 listings as of December 1, 2105 down to 731 listings overnight. The median price point now stands at $255,000. You can expect to see many of these expired listings work their way back onto the market over the next few months with some of the waterfront properties likely waiting it out until spring. So, if you are thinking of selling your home, now really is a great time to list because of the fact that there are fewer listings, which means less competition. Buyers will also be watching for that special new home to hit the market after the holidays. It could be yours!
Well, it's officially 2016. You are all bright eyed, bushy tailed, upbeat, and planning to make changes in your life. Right after you get used to writing 2016 instead of 2015 on your checks. Maybe finding a new home is on top of the list of changes you'd like to make. But not just any home. You want to find your dream home. But just what is a dream home? It certainly must be something that you don't have now or you wouldn't be looking for it. But, dream homes are different for every person as we all have different tastes and ideas. However, just about every person would take any dream home if it was given to them or perhaps even if they could buy it at exactly the right price.
As a real estate agent, I see a lot of dream homes with my clients. Invariably, it seems that after looking at a number of homes, the one that the buyers would really like to buy is over their budget. Is the affordability factor, or more accurately, the inability to afford a particular home what makes that property a dream home? Not necessarily, but it is certainly part of it. That's what dreams are made of.
Most everyone, and certainly those house-oholics that watch HGTV, are familiar with their annual dream home give-away. You know, HGTV builds a fabulous dream home somewhere in a fantastic location, does a TV special on it, and then gives it away to some lucky person who has likely filled out some 400 entry forms. This year they rehabbed a wonderful waterfront home on Merritt Island, Florida. If you haven't seen the HGTV special, just Google "Dream Home" and the details will come up. HGTV has helped define what a dream home is... to some people. Check it out and you might as well enter the contest even if you don't like it or want to live in Florida. As I said, everyone has different tastes, but you'd take it if it were free.
If you need help determining what your dream home really is, Google "What is a Dream Home" and you'll find a couple of quizzes you can take to help. Surprisingly, I found that both the quizzes I took came up with the same home style despite asking completely different questions. I thought I was in trouble on the Better Homes and Gardens quiz when the question "If you were a Miss America contestant, what would your talent be?" came up, but I weathered through it OK.
While everyone likes to dream big, win the lottery, and have the big house on the water, your dream home in reality might be that home with the big back yard. It might be that home with the extra bedroom, with a three car garage, a fantastic master suite with a huge walk-in closet, a gourmet kitchen, or a man cave of epic proportions! It doesn't matter what price range you are looking in, there is likely a home out there that fulfills your current needs and desires. You just have to find it and that's what real estate agents do, help you find your Dream Home. We are here to help, so contact your agent and you'll be on your way.
Pease feel free to visit www.lakesregionhome.com to learn more about the Lakes Region real estate market and comment on this article and others. Data compiled using the NNEREN MLS system as of 1/1/16. Roy Sanborn is a sales associate at Four Seasons Sotheby's International Realty and can be reached at 603-677-7012
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