Megan Hackley

Contrary to what you’ve heard, staging isn't just for luxury homes.

It can benefit any type of property and entice the right buyers. Not only does it make your listing photos more appealing, but it also allows buyers to easily picture themselves living in your home.

But here's the real kicker: staging can increase your home's value by 1-5%, according to a March report from the NAR.

And the best part? You don't need to spend a fortune on professional staging to see results.

As an agent, I've picked up some tips and tricks that can help you get your home ready. From decluttering to rearranging furniture, even small changes can make a big difference.

The next time you're ready to sell, don’t overlook the power of staging. I am in the process of getting my staging certification so please feel free to reach out to me with any questions - I would love to be a resource for you!

Have you ever thought about using your Home Equity Line of Credit (HELOC) to your advantage? Let me break it down for you!

A HELOC allows you to borrow against the equity in your home, giving you access to a line of credit that you can use for various financial needs. Whether it's home renovations, debt consolidation, or unexpected expenses, a HELOC can provide you with the flexibility and financial leverage you need.

By using your HELOC wisely, you can take advantage of lower interest rates compared to other types of loans, making it a cost-effective option for accessing funds. Plus, the interest you pay on a HELOC may be tax-deductible, potentially saving you even more money in the long run.

Remember, it's crucial to use your HELOC responsibly and make timely payments to avoid any financial pitfalls. If you're considering tapping into your home equity, reach out to me for personalized guidance and expert advice. Let's make the most of your homeownership journey together!

Coming soon….. 😍🏡😍

Taking a look at the rest of the 2023 housing market - Spark Notes style!
Home Prices and Rent Growth 🏡

✨Home price and rent growth will likely level off for the remainder of 2023 and into 2024.
✨Rent growth may overtake home price appreciation, with the rental market remaining strong and rental prices expected to increase.
✨The number of renters is also expected to rise as the cost of homeownership increases, particularly in urban areas.
Mortgage Rates and Inventory
✨Mortgage rates will remain high (above 6%), contributing to the overall high cost of home ownership.
✨Unwilling to give up their sub-4% rates, sellers will likely stay put, causing the housing inventory shortages to persist.
✨Joint real estate purchases will become more common as a way to afford larger properties and qualify for mortgages.

Buyer Trends
✨Following a recent decline, the percentage of first-time homebuyers entering the market may rise in early 2024.
✨Affordable markets in the Midwest, South, and Sunbelt will continue to attract younger buyers who are able to relocate due to remote work.
✨Further, many are moving to be closer to family and loved ones, with 17% of recent buyers citing this as their primary motivation.
I'd love for you to join the conversation — comment with your thoughts and questions about real estate in 2023!

Source: The Fed's inflation-fighting tactic was effective in cooling the housing market. What now? (https://www.usatoday.com/story/money/2023/06/05/where-are-home-prices-headed-housing-market-predictions/70260277007/)