Julie D'Arcangelo - Coldwell Banker Residential Brokerage



Posted by Julie D'Arcangelo on 8/14/2018

Whether you're looking for the house of your dreams or the spouse of your dreams, it helps to write up a detailed description of the qualities that matter most to you!

While your goals should be realistic and attainable, you do not want to compromise your standards or aim too low.

In the case of house hunting, there are many conditions which will directly affect the success of your search.

Here are some of the main ones.

  1. Your budget: All things being equal -- the higher your budget, the greater your chances for getting everything on your wish list. The most desirable locations, lot size, amenities, and square footage often come with a price. The same can be said of homes that are in optimal condition with lots of recent updates, improvements, and energy efficient or high-tech features.
  2. The real estate market: Three factors which will invariably affect the outcome of your real estate search will be the local real estate inventory (the number of properties available -- especially those in your price range), the law of supply and demand, and property values in your chosen geographic area.
  3. Your real estate agent: Choosing a real estate agent who's experienced, resourceful, and dedicated can prove to be a significant advantage in finding a home that matches your budget, your goals, and your desired lifestyle. Once you've decided what you want in your next home, an agent or Realtor can show you houses on the market that will meet many, if not all, of your requirements.
  4. Your wish list: Creating a list of property features and characteristics that you absolutely must have in your next home will help ensure that you get them. A carefully thought-out "wish list" is also a vital aspect of your search for the perfect or "near perfect" home. By creating a clear mental picture of your ideal living space, location, and environment, you'll be increasing your chances of finding a home that meets all your expectations. There are literally dozens of features to keep in mind, including architectural style, square footage, the number of bedrooms and bathrooms, the size of the lot, distance from the street, privacy, the spaciousness of the kitchen, and the layout of adjacent living areas. If you plan on doing a lot of entertaining, for example, you might prefer an open floor plan. Features like a screened-in porch, a patio, and a large backyard are often major wish-list items for homeowners who enjoy outdoor living. Other items to consider may include things like a fireplace, a finished basement, a convenient laundry room, and a two-car garage. Proximity to stores, quality schools, medical/dental services, and recreation areas will also be key factors in the selection of your future home.
Thanks to the Internet and the many home improvement websites you'll find online, it's easy to get clear picture of your dream home, the countless decorating possibilities, and the many landscaping options available to you.





Posted by Julie D'Arcangelo on 7/31/2018

When it comes to finding your dream home, your vision is going to be both unique and personal.

For many people, their idea of a dream home may be a composite of the home they grew up in and other mental snapshots they accumulated over the years.

In some cases, the house of your dreams may bear little or no resemblance to the image you conjured up in your mind. Sometimes, you just instinctively know the right home when you see it -- even if it's not exactly the one you originally envisioned.

A good starting point for launching your home search is to develop a detailed priority list. It should consist of both "must have" characteristics and "wish list" items. Hopefully, you and your spouse (or partner) will be in full agreement on most of the important features of your next home, such as whether you want a ranch house or colonial. Being on the same page in terms of location can also make a big difference in how satisfied you both are with your real estate purchase. As an example: Someone's going to less than thrilled if, let's say, you want a townhouse in the city, while your spouse has their heart set on a Craftsman-style home in the suburbs!

Trends in Home-Buying Preferences

If you're a member of the so-called "millennial" generation, your top priority in a new home would probably be the quality of the neighborhood. That's according to a "Home Buyer and Seller Generational Trends Report" (2015) compiled by the National Association of Realtors. In order of importance, factors influencing home purchasing choices are: the convenience of the home to one's job(s), overall affordability, access to friends and family, and the quality of schools in the district.

Many buyers in that same demographic are also leaning toward homes that are energy efficient, ones that offer "smart home" capabilities, and dwellings that include a space that can be used as a home office. Since nearly 40% of Americans telecommute for their jobs on at least a part-time basis, more and more home buyers are adding that requirement to their priority lists. Surveys have also shown that prospective homeowners in their twenties and thirties are opting for low-maintenance surfaces, such as flooring, counter tops, and backyard decks. Updated interiors are also a strong preference for many in that age group since they don't have the extra money, time, or inclination to get involved in major renovation projects.

Other factors which belong on house-hunting priority lists include square footage, number of bedrooms and bathrooms, and the size of the yard. If privacy and noise levels are concerns, then key factors to consider would be fencing, trees and hedges, and the amount of space between houses.

While it's not always possible to find a home that includes every single item on your wish list, an experienced real estate agent can help you find what you want and match your requirements with the available listings in your desired neighborhoods.





Posted by Julie D'Arcangelo on 11/7/2017

When you stop and think about all the potential pitfalls, the prospect of buying a house and moving into a new neighborhood can be quite nerve wracking! (It doesn't have to be, though.)

Since there are so many crucial factors to consider, you want to be sure you're not overlooking anything important.

A Real Estate Agent Can Help

What makes the process a lot less daunting is the fact that experienced Realtors and real estate agents are available to provide you with guidance, advice, and help.

The ideal real estate agent will be familiar with areas you're interested in, and will be able to provide insights into everything from nearby conveniences and municipal services to the character of neighborhoods you're considering and the quality of the local school district. If you try to do it on your own and gather all the relevant information you need to make an informed home buying decision, it can be overwhelming! By working with a knowledgeable buyers' agent, you're a lot more likely to find a home that is a near-perfect match for your wants, needs, and budget.

In addition to getting prequalified for a mortgage, one of the first steps to beginning a house hunting campaign is clarifying exactly what you're looking for. Creating both a "wish list" and a "must have list" will enable your real estate agent to make the best use of your time and effectively match you with houses you'll like.

Although everyone has a different perspective when it comes to house hunting, most people start making decisions, early on, about things like the house style they'd prefer, the number of bedrooms and bathrooms they need, and the preferred size of the backyard. First-time home buyers may be unsure about their square-footage requirements, but after touring a few houses and spending time with their real estate agent, they usually gain a good grasp of how much space they would need to feel comfortable.

Other Factors To Weigh

If you have children now or are planning to start a family soon, then your priorities may include living in a good school district and being close to playgrounds and summer recreation programs. The ideal neighborhood would also include potential playmates for your children, low-to-moderate street traffic, and short commuting distances to work. A low crime rate, convenience to shopping areas, and off-street parking are other typical priorities.

While your agent will undoubtedly help you develop a list of requirements and preferences for your real estate search, here are a few things to keep in mind:

  • The layout and floor plan of your ideal home
  • The preferred size and style of the kitchen
  • The possible inclusion of a deck, patio, garage, and/or finished basement
  • The number and size of closets and storage space
  • Features like a fireplace, fences, and a backyard shed
Once you get to the stage of having a property inspector examine a house you're considering, you'll have the chance to be alerted about issues like wet basements, leaks, termite damage, radon hazards, insufficient insulation, and other potential red flags. Most problems are readily solved, though, and can sometimes result in seller concessions and a lower selling price. In all instances, an experienced real estate agent is a good person to have in your corner.


 







Julie D'Arcangelo
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