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Ray Peckham Real EstateHuntington Beach Real Estate ReportsHuntington Beach Home ImprovementDon't underestimate how much projects will cost. Expenses usually are added, not subtracted. Homeowners, even Huntington Beach homeowners, routinely go 20% to 30% over budget. Remember, it is common to under budget cost and time. When remodeling for resale, don't waste time with renovations that won't pay off. If you must have a pool, you still may have to lower your expectations on who will be interested in buying. The National Association of Realtors/Remodeling magazine study has identified four renovations that show the greatest return at resale: improvements to siding, windows, kitchens and bathrooms. Remember you have a lot invested in Huntington Beach. Huntington Beach HOME BUYING PITFALLS TO AVOIDSellers usually rely on sales of Huntington Beach homes of comparable value to determine a fair and realistic price to set for their home but many sellers feel their home is worth much more and price their home accordingly. Buyers must also be tuned into sales for comparable homes in Huntington Beach in order to judge the price of any home that is under consideration. Being “House Poor” gets to be “Old New” real fast. A large and beautiful home with little or no furniture tends to be empty and cold. A life where almost every dime of income goes to the support of the Huntington Beach house wears thin very quickly and is a frequent cause of family stress. Pushing yourself right up to your limit leaves you highly exposed when the inevitable changes to the national or your personal economy occurs. Huntington Beach Real Estate CyclesWhat makes most sense is the "buy and hold" strategy. Buy a home you expect to remain in for at least seven years or more. Huntington Beach is no different than most, although the Huntington Beach market does have it's own special circumstances. Want to get a clear and up-to-date picture of the Huntington Beach real estate market? Call me at any time. I am happy to share my knowledge of the real estate market with homeowners and prospective homeowners who want to take advantage of market trends to buy and/or sell wisely. Huntington Beach BARGAINSA bargain exists in the mind of a buyer when entering into an agreement to exchange goods when the buyer thinks the price is favorable. Bargains can always be found in the Huntington Beach market if a buyer is patient and willing to wait for a truly motivated seller. In economic downturns many people believe that foreclosures and short sales are automatically bargains when, in fact, this may not be the case. Huntington Beach DOWNTURNSReal estate markets are affected by the economy as a whole and in turn, can affect the general economy. Of course, a buyer’s dream is to buy Huntington Beach when prices are low and sell when prices are high. However, real estate is not exactly like other forms of investment and most people become comfortable and attached to their homes and are not interested in selling just because the market is right. Huntington Beach SEARCHThe easiest way to start your Huntington Beach search is to use the online search capabilities on this Website. This will give you a snapshot of all the homes that are available in your price range, with the amenities you require and the locations you might consider. Next, make contact so that a knowledgeable agent can help you narrow your choices and take you on a personal tour of your best options. |