Hank Miller Team Real Estate Blog - list a home

Should I Rent My Home if it Won't Sell?

Posted by Hank Miller on February 7th, 2023

“Should I rent my home if it won't sell”? Well, that question has many layers. But that off the cuff declaration by an annoyed seller might be a bit dramatic and premature. For owners unsuccessful at selling, “I’ll rent it” seems to be a knee jerk response. Best to take a step back, breathe, and examine all of the mitigating circumstances that contributed to this situation. For owners, selling a home usually has a significant emotional component; it’s unavoidable. To home buyers, it is just another home. Motivations, objectives, and personal situations are different and before anything rash is done, slow down. Start with figuring out why the home didn't sell.

Why Didn’t My Home Sell?

Assuming the home is/was placed on the market, why didn’t it sell?…

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What Home Sellers Should Expect in Spring of 2023

Posted by Hank Miller on January 23rd, 2023

As the 2023 market opens, home sellers face a daunting challenge. It’s not a physical one, but a rather simple mental one; acknowledge the current housing market. Best advice as to what home sellers should expect in spring of 2023...understand that it's not the spring of 2022.

The single most important thing sellers must do is accurately price their home. The market conditions now (end of Jan 23) bear no resemblance to the market conditions a year ago. The current market is largely balanced with a slight edge to sellers. However, that is not universal, some micro markets are balanced and some areas/price points lean to buyers. As with everything real estate, each micro market often varies.

Interest Rates Jump

The most critical and obvious change…

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