November 2021

Here Are The Top 4 Home Renovations With The Highest ROI Do you need to sell your home? If so, there are many things that you can do to increase its value. This blog post will go over profitable home renovations that may help you put your house on the market sooner! Although these might not be the highest ROI home projects, they’re definitely one of the best home renovations you could do to your house that will pay off once it’s sold. Add a Composite Deck Adding a composite deck is a great way to increase the value of your home. Composite decks are known for being low maintenance, durable and come in many colors that can match any house style. Adding wood windows is another improvement you can make to sell fast. Renovate your house with wooden windows. Wood windows have been growing in popularity as they give homes an older feel which buyers may love. If you already have wooden window frames, now is the time to replace those old ones with new ones or upgrade them to double-pane glass. Repair or Replace your Garage door Replacing garage doors will help out too when it comes to selling soon. People find garages appealing, so having a nice-looking one could potentially attract more potential buyers than if it were not there or made poorly aesthetically. Remodel or replace kitchen appliances If you are looking to sell your home as-is, a kitchen remodel would be another significant improvement. A minor upgrade from an old stove or fridge could make all the difference in making the house look new and, therefore, more attractive to potential buyers. When wanting to sell a house, any of these upgrades will help increase its value significantly, which is great because not only will these renovations increase your value, but they will make your house look nicer and make your sale go a lot quicker. Sell Your House Quick to Home Buyers OKC However, if you don’t have the time or money for these renovations, you could always sell your house fast now to Home Buyers OKC. At Home Buyers OKC, we don’t care about renovations or repairs; we will buy your property in as-is condition.  GET IN TOUCH NOW!

Stay On Top Of The Game With These 2021 Real Estate Trends   Since the COVID-19 epidemic, the housing market has been steadily increasing in strength. Home prices increased dramatically, buyer demand increased, and mortgage rates fell to record lows. As a result, housing has emerged as one of the few bright spots in an otherwise difficult time period. It’s crucial to keep an eye out for several other developments in the real estate industry as well. Let’s get started with the current real estate trends: Increased Costs Of Rent There are now record-high rents because of the eviction ban’s termination. Between August 2020 and August 2021, they increased by 11.5%, the first double-digit increase. Numerous U.S. communities have rents that exceed the cost of a starter house. Slower Home Buying Rate Competition appears to be easing off. Perhaps it’s the beginning of a new year, the prospect of rising mortgage rates, or just purchasers who’ve had it with the market for too long. There’s something about today’s market that makes it simpler to buy a property. Home Buying Costs Are Increasing Home prices increased over 20% in the first months of 2021 compared to the previous year, reaching a national average of $300,000–400,000. It’s possible to make a substantial profit in the near future. And that’s a good thing since you’ll need the additional money when you go to buy your next property. To achieve the greatest price for your property, deal with a real estate agent familiar with the market in your area. Affordability Housing prices vary widely depending on where you’re house hunting. Still, generally speaking, it’s more affordable to buy a home than rent one! Renters spend an average of $15k/yr while owners only pay around half that amount. That means if you plan on living somewhere for seven years or longer – it’ll actually be cheaper to buy than rent!  Low Rates Of Interest On Mortgages Recently, the national average for mortgage interest rates has been exceptionally low. In fact, the average 15-year fixed-rate mortgage rate fell to 2.2% in January 2021, the lowest level in nearly 3 decades. Foreclosures Are Increasing Lenders rushed to take advantage of the expiration of the ban on foreclosures. This month showed a 27% increase in the number of foreclosure filings compared to July. They grew by 60 percent in the year. Not Selling Or Buying? Even if you’re not selling or buying a property, you should be aware of a few things—Equity most probably won’t decrease in the following months, a real estate market crash looks unlikely, and since home prices have experienced rapid growth over the past few years, some buyers may be less picky. Trust Your Home To Home Buyers OKC Regardless of whether you’re looking to buy or sell, you should contact Home Buyers OKC. With their expertise spanning over 10 years in the home buying industry, we’re Oklahoma City’s premium cash home buyers as well as top real estate agents in OK We’ll be able to give you a fair and honest cash offer for your home. You won’t have to worry about renovations or repairs; we got that covered. You don’t have to keep wondering, “how can I sell my house fast in OK?” Call us or visit our website for more information! CALL US NOW!