Monthly Market Minute-- December 2023

Dated: December 15 2023

Views: 71

Monthly Market Minute
Happy December!! This month we're celebrating the warmth of the holidays, time spent with friends and loved ones, reflecting on this year and goal-planning for 2024. Keep reading for all the December updates and the real estate market news for this month. As always, whether you're thinking about purchasing your first home or a vacation home, upsizing, downsizing or investing, if there's anything I can assist with, send me a message, I am always here to be a resource to you!
december's discussion
How to Snag a Deal on Your Next Home.
Here are four insider tips for getting a steal of a deal on your next home. Cancellations - Not every sale crosses the finish line, and when they don't, it's your opportunity to swoop in. These homes are like items left in the shopping cart—someone didn’t complete the purchase, and now it's up for grabs, often with an attractive price tag. Higher Days on Market - You know those houses that seem like they've been on the market forever? Maybe they're overpriced, or the listing photos didn't showcase their potential. A keen eye and patience can unveil their true value. Plus, the longer a house stays on the market, the more likely the seller is to negotiate on the price. Fallen Out of Contract - When one deal falls through, it might pave the way for a better one. Owners of these homes are typically eager to sell, giving you the upper hand in negotiations.
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December Maintenance Checklist
Prepare your home for the winter with these essential tasks: ➡️Clean or replace HVAC filters ➡️Check holiday lights are in working order and that electrical sockets are not overloaded ➡️Remove clutter and excess toys, decorations Donate anything you no longer need ➡️Check attic vents ➡️Check insulation and add where needed ➡️Make sure outside faucets are turned off and drained
Pause your house hunt this December? Here’s why you shouldn’t
Real estate is cyclical and having traveled around the calendar many times, here’s what I always see in the last month of the year: Fewer buyers in the market Greater negotiating power for buyers Sellers eager to close ASAP With that in mind, here are a few questions to ask yourself or your agent during your December house hunt: Are the driveways and walkways well-maintained? Does the exterior of the property exude a welcoming and well-lit ambiance? Has the home been adequately insulated, and is the HVAC system in sound working order? How is the natural light in the home? Given the shorter winter days, ample natural light can significantly enhance your emotional well-being and overall mood. Is there any evidence of storm damage within the property, such as water spots, frozen pipes, or roof issues? Are the neighbors decorating their homes for the holidays? This is a good indicator of a warm and inviting community. If interested, reach out for more thoughts on the nuances of purchasing a home during the winter season! Happy holidays!
The Market at A Glance
Spotlighting STAFFORD TOWNSHIP in the last 30 Days
55
# of homes for sale
30
avg days on market
$671,065
avg list price
$490,784
ave sale price
Want the information for your specific town, neighborhood or community? Send me a message. I am happy to provide individualized information.
Now is the time to sell.
Call me today!
Adele Schock
Sales Advisor
 #BeagleMom #Foodie #Volunteer
Toms River Office
office: 732-240-0500
cell: 609-618-8459
email: adeleschock@weichert.com

© 2023 Weichert, Realtors.
REALTORS® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. Weichert® is a federally registered trademark owned by Weichert Co. All other trademarks are the property of their respective owners. Each Weichert® franchised office is independently owned and operated.If your home is currently listed with a real estate broker, this is not intended to be a solicitation of the listing. Equal Housing Opportunity
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Adele Schock

I’ve lived at the Jersey Shore of NJ for over 20 years and have worked as a real estate professional here for more than 10 years. I moved here because of the friendly neighborhoods and access to....

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