Wednesday, April 23, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Buying and selling in 2012: The latest trends in real etate

By Kris Vogt

Coldwell Banker recently surveyed nearly 700 of its real estate professionals around the country on the buying and selling behaviors of their clients.

The findings? Both sides have begun adjusting expectations and “getting real” about real estate in 2012.

What may be the most interesting finding from the survey was that more than half (51 percent) of agents surveyed reported that sellers are more willing to price their homes competitively than this time last year. Additionally, 45 percent said sellers are more willing to change the appearance of their homes to entice buyers than they were one year ago.

And that was just the beginning.

Sellers more willing to de-clutter, de-personalize and make repairs. De-personalizing and de-cluttering a home before putting it on the market can help make it easier for buyers to imagine themselves living there — a crucial step in the selling process. Of those Coldwell Banker professionals surveyed, 94 percent say their sellers are getting rid of clutter and making cosmetic updates, such as fresh paint and minor repairs. Additionally, 78 percent agree clients are willing to “de-personalize” the home, and 59 percent say sellers are even bringing in new home decorations or furniture to help make the home more appealing.

Buyer preferences are going back to the basics. Sellers, take note: when it comes to selecting a home, buyers are going back to the basics. When asked which features buyers value when looking for a home, 33 percent of agents surveyed said that a new or updated kitchen is most important to their clients. Fourteen percent say the most important feature to homebuyers is an open floor plan, while 12 percent say it is a new or updated bathroom. Interesting, only 1 percent said they believe buyers valued entertainment rooms or finished basements as the most important feature.

Homebuyers moving for babies and careers. The survey also drilled down to find which life events are key motivating factors for most people looking to buy homes. According to the Coldwell Banker agents surveyed, 70 percent say a new baby or growing family is the “most common,” or a “very common” reason buyers search for a new home. The next most popular reason for moving is relocation for job reasons (69 percent), marriage (59 percent), divorce (48 percent) and retirement (37 percent).

Overall, the results of Coldwell Banker’s survey tend to show that today’s buyers are recognizing the true value of a home — a critical shift as many buyers seem to be focused on viewing the home more as a lifestyle, rather than economic, investment.

Kris Vogt, president and chief operating officer of Coldwell Banker Residential Brokerage in Sacramento/Tahoe, provides the above tips. A Sacramento area real estate veteran with nearly 20 years of experience, Kris oversees a talented team of 700 real estate professionals in 14 offices serving the Sacramento/Tahoe area.  For more information, please contact Coldwell Banker at 916-684-8180.

 

Special to the Democrat

LEAVE A COMMENT

Discussion | No comments

.

News

No quick fix for California’s highways

By Dawn Hodson | From Page: A1

 
More mountain lion sightings reported

By Dawn Hodson | From Page: A1, 4 Comments

Supervisor Nutting trial begins

By Cole Mayer | From Page: A1, 8 Comments | Gallery

 
Sanford murder case to jury

By Cole Mayer | From Page: A1 | Gallery

Herard over the back fence: Try fishing at Wakamatsu

By Bob Billingsley | From Page: B1

 
Downtown group coordinates painting, awnings

By Wendy Schultz | From Page: A1

 
Gearing tax questions to correct office saves time

By Treasurer-Tax Collector | From Page: A3

.

Opinion

My turn: More than a buzzword

By Special to the Democrat | From Page: A4, 4 Comments

 
Building restored

By Mountain Democrat | From Page: A4

 
Outstanding dog

By Mountain Democrat | From Page: A4

.

Letters

Misquote

By Letters to the Editor | From Page: A5, 4 Comments

 
Altshuler framing

By Letters to the Editor | From Page: A5, 1 Comment

National Day of Prayer

By Letters to the Editor | From Page: A5

 
‘Parents, be afraid’ letter

By Letters to the Editor | From Page: A5, 4 Comments

Ukranian situation

By Letters to the Editor | From Page: A5, 2 Comments

 
.

Sports

Pedal power at the forefront next month

By Jerry Heinzer | From Page: A6 | Gallery

 
Outside with Charlie: Transitioning

By Charlie Ferris | From Page: A6

Pitching the ‘Root’ cause of Trojans’ victory

By Mike Bush | From Page: A6 | Gallery

 
Sports Scene: April 22, 2014

By Democrat Staff | From Page: A7

Roundup: April 22, 2014

By Democrat Staff | From Page: A7

 
.

Prospecting

4-H’ers star at showcase

By Dawn Hodson | From Page: B1 | Gallery

 
At a glance: Look for fireballs

By Mimi Escabar | From Page: B2, 1 Comment

Authors to share their stories

By Pat Lakey | From Page: B2, 2 Comments

 
Church to host human trafficking conference

By Pollock Pines | From Page: B3

Grow For It! Flower of Easter

By Barbara Schuchart | From Page: B5

 
.

Essentials

Crime Log: April 1-3

By Cole Mayer | From Page: A2

 
Weather stats 4-22-14

By Michael Raffety | From Page: A2

Building permits 4/7-11/2014

By Michael Raffety | From Page: A2

 
.

Obituaries

Bobby Lloyd Bridges

By Contributor | From Page: A2

 
Harry Frank Harper

By Contributor | From Page: A2

Marion “Wayne” Griswold

By Contributor | From Page: A2

 
.

Real Estate

.

Comics

Speed Bump

By Contributor | From Page: A8

 
Tundra

By Contributor | From Page: A8

Horoscope, Thursday, April 24, 2014

By Contributor | From Page: A8

 
Horoscope, Wednesday, April 23, 2014

By Contributor | From Page: A8

Working It Out

By Contributor | From Page: A8

 
TV Listings

By Contributor | From Page: A8

Shoe

By Contributor | From Page: A8

 
Sudoku

By Contributor | From Page: A8

Rubes

By Contributor | From Page: A8

 
New York Times Crossword

By Contributor | From Page: A8

Flying McCoys

By Contributor | From Page: A8