Tips Archives - Page 15 of 23 - Greater Phoenix Arizona Real Estate

Generational Styles: How Millennials and Baby Boomers Transform Homes

In a world of evolving trends, Opendoor’s latest data dives into the fascinating realm of generational differences in home decor. According to their findings, Americans are investing significantly in home renovations, averaging $5,635 yearly, with an additional $1,599 devoted to home decor. However, the story takes a turn when we examine the distinct preferences of Millennials and Baby Boomers.

Remodeling Priorities: Millennials Take the Lead

The data paints a clear picture: Millennials are leading the charge in the remodeling arena. With an annual expenditure of $6,611 on home projects, they outpace Baby Boomers, who spend $4,168 in comparison. Notably, 73% of Millennials have their sights set on a kitchen remodel for 2024, a venture embraced by only 45% of Baby Boomers. Despite the hesitancy of the latter group, an updated kitchen is a coveted feature, with 71% expressing a preference for new cabinets, counters, and floors.

Design Divergence: Millennials vs. Baby Boomers

Design preferences serve as a striking point of contrast between the two generations. Millennials, at 69%, are keen on changing their front door color to boost curb appeal, a move favored by only 38% of Baby Boomers. The penchant for vintage aesthetics is another area where the two diverge. Millennials often opt for original features like wood paneling or brick fireplaces, while Baby Boomers typically steer clear of the vintage look. Interestingly, Millennials find allure in contrasting color palettes, such as white with black accents (16%), while Baby Boomers gravitate towards the timeless beige/tan look (31%).

Unity in Diversity: The Right Layout Matters

Despite their differing tastes, there’s a common ground that unites both generations: the importance of the right layout. Both Millennials and Baby Boomers concur that a well-thought-out layout, especially an open floor plan, creates a natural flow and can make all the difference in transforming a house into a home.

In this ever-evolving landscape of home decor, the journey of Millennials and Baby Boomers unfolds, each leaving their distinctive mark on the canvas of domestic style. Opendoor’s insights illuminate the diverse paths these generations tread as they shape their living spaces according to their unique visions.

Need referrals for your home design styles? Don’t hesitate to message us! @ SHEA PREFERRED REALTY GROUP

Sources: Opendoor , Phoenix Agent Magazine

Sell Smarter: Why Working with a Real Estate Agent May Beat Going Solo

If you’re thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider. Going this route means taking on a lot of responsibilities by yourself – and that can be a bit of a headache.

A recent report from the National Association of Realtors (NAR) found two of the most difficult tasks for people who sell their house on their own are getting the price right and understanding and performing paperwork.

Here are just a few of the ways Shea Preferred Realty Group can help with those difficult tasks.

Getting the Price Right

Setting the right price for your house is important when you’re trying to sell it. If you’re selling your house on your own, two common issues can happen. For starters, you might ask for too much money (overpricing). Alternatively, you might not ask for enough (underpricing). Either can make it hard to sell your house. According to NerdWallet:

“When selling a home, first impressions matter. Your house’s market debut is your first chance to attract a buyer and it’s important to get the pricing right. If your home is overpriced, you run the risk of buyers not seeing the listing.

. . . But price your house too low and you could end up leaving some serious money on the table. A bargain-basement price could also turn some buyers away, as they may wonder if there are any underlying problems with the house.”

To avoid these problems, it’s a good idea to team up with a real estate agent. Real estate agents know how to figure out the perfect price because they understand the local housing market. They can use their expertise to set a price that matches what buyers are willing to pay, giving your house the best chance to impress from the start.

Understanding and Performing Paperwork

Selling a house involves a bunch of paperwork and legal documentation that has to be just right. There are a lot of rules and regulations to follow, making it a bit tricky for homeowners to manage everything on their own. Without a pro by your side, you could end up facing liability risks and legal complications.

Real estate agents are experts in all the contracts and paperwork needed for selling a house. They know the rules and can guide you through it all, reducing the chance of mistakes that might lead to legal problems or delays.

So, instead of dealing with the growing pile of documents on your own, team up with an agent who can be your advisor, helping you avoid any legal bumps in the road.

Bottom Line

Selling your house is a big deal, and it can be complicated. Having a real estate agent can make a huge difference with setting the right price and managing all the details, so you can sell confidently. Let’s connect to make the process smooth and take the stress off your plate @Shea Preferred Realty Group

Where are You Going After Selling Your Home?

How will selling impact your own move?

The current low supply in the market makes it crucial for your home to stand out. But what about your next move? Let’s look into how the current inventory affects your options. Should you buy a resale or a new build home?

Benefits of buying a New Build:

Create Your Perfect Home: Select custom features.
Energy Efficiency: Lower utility costs and reduce your carbon footprint.
Minimize Repairs: Builders often offer warranties to cover any future issues.
Brand New Everything: Enjoy a home where nothing has been used.

Benefits of Buying a Resale

Variety of Styles: Choose from a broader range of floorplans and designs.
Established Neighborhoods: Get to know the community, traffic patterns, and more.
Lived-in Charm: Appreciate the timeless craftsmanship and design elements.

It’s your decision

When searching for the perfect home, consider your priorities. Whether building or buying, align your choice with budget, timeline, and customization preferences. Questions? More Tips? Don’t hesitate to message us anytime! @ Shea Preferred Realty

Your Guide to Homebuying this 2024

Welcoming the new year with a new home?

Here are the key milestones you’ll encounter on your path to homeownership:

1. Build your Team

Kickstart the process by finding the trusted experts to guide you along the way.

2. Check your Score

Find out your credit score and work to improve it by cutting down debt and spending.

3. Boost your Savings

Talk to a professional about down payment options. Then set a goal and budget accordingly. You may check some Down Payment options here: Down Payment Resource

4. Know your Numbers

Discover what you can afford based on mortgage rates, income, and more. Then get pre-approved by a trusted advisor.

5. Go House Hunting

Explore neighborhoods, home types, and determine your must-haves with your agent.

6. Make an Offer

Meet with your agent to draft your offer and negotiate with the seller.

7. Get an Inspection and an Appraisal

Rely on the pros as they determine the value and condition of the home. Renegotiate as needed.

8. Make if Official

On closing day, sign the final documentation and get the keys to your home.

9. Move into your New Home

Send in the movers because it’s time to make your dream a reality on move-in day.

Your journey starts here.

Connect with us @ Shea Preferred Realty Group so you have expert guidance each step of the way.

4 Things It’s Ok to Do When Buying a Home

Starting the process of a buying a new home a significant journey, and we understand the challenges it poses. And it’s ok for you to have mixed feelings about it.

1. It’s ok to take your time

You don’t have to rush when house hunting. You can take the time you need to find the right home for you.

2. It’s ok to ask questions

If you have questions about the homes you are seeing it’s ok to ask your agent about them. We are your guides through this whole process.

3. It’s ok not to settle

Buying a home is a big, financial decision. It’s ok not to settle for something less than what you want or can afford. Keep looking for the one.

4. It’s ok not to win the offer

You can’t win them all. It’s ok if your offer doesn’t work out. You will have more opportunities to put in another offer on a different home that still may be the one.

Connect with us if you’re looking to buy or sell a home @ Shea Preferred Realty Group!

THINKING OF THE FUTURE OF THE HOUSING MARKET?

Are you wondering about the Real Estate market for 2024?

These 3 questions may be on your mind…

1. What’s next for mortgage rates?

Historical trends indicate a link between mortgage rates and inflation. With inflation easing and the Federal Reserve pausing rate hikes, experts anticipate a potential decline in mortgage rates.

2. Where Are Home Prices Headed?

Contrary to concerns of a crash, home prices are rising across the nation, but at a slower pace. The Home Price Expectation Survey shows a consensus that prices will continue to climb in the coming years, reflecting confidence in sustained appreciation.

3. Is a Recession Around the Corner?

Recent years saw recurrent recession concerns, but there’s positive news. Despite previous expectations, the likelihood of a recession is decreasing, with leading indicators suggesting a more optimistic economic outlook.

The Ultimate Guide to Senior Discounts in 2023!

Growing wiser should come with perks, and we’ve got the insider scoop on the complete list of senior discounts to elevate your savings game this year! As we gracefully age, our pockets might start feeling a bit lighter, but fear not! From restaurants to retail, The Freebie Guy has compiled an extensive list of discounts that will keep your wallet happy!

NOTE: Please be aware that the availability of days, discounts, and participation can differ by location. It is advisable to call and confirm before making any plans to ensure accurate information.

RESTAURANTS

Applebee’s – (60+) 10 -15% discount
Arby’s – (55+) 10% Discount or discounted soft drink.
A&W – (55+) Discount varies by location.
Auntie Anne’s – AARP members get a 10% discount with every purchase.
Ben & Jerry’s – (60+) 10% Discount on your order.
Bennigan’s – (60+) 10% discount
Big Boy – (60+) Up to 15% off. Varies by location.
Bonefish Grill – AARP members get a 10% discount.
Boston Market – (65+) Discount varies by location.
Bubba Gump Shrimp Co – AARP members get a 10% discount.
Burger King – (60+) 10% Discount on your order at participating locations.
Captain D’s – (62+) They offer a senior menu with lower prices and favorite food options.
Carrabba’s Italian Grill – AARP members get a 10% discount.
Carrows Restaurant – (55+) Access to the Golden 55 Senior Menu.
Chik-Fil-A – (55+) Discount vary by store.
Chili’s – (55+) 10% Discount on your order.
Cici’s Pizza – (60+) 10% Discount on your order. Varies by location.
Cinnabon – AARP members get a 10% discount in-store or online.
Chart House – AARP members get a 10% discount.
Claim Jumpers Restaurant and Saloon – AARP members get a 10% discount.
Corner Bakery Cafe – AARP members get a 10% discount on dine-in and carryout orders.
Dairy Queen – (55+) 10% Discount on your order. Some locations do not participate.
Denny’s – (55+) 15% off at most locations. AARP members get a 10% discount.
Dunkin’ Donuts – (55+) 10% Discount or a free doughnut at select locations. Will vary by store.
Einstein Bros. Bagels – (60+) 10% Discount off a baker’s dozen of bagels
El Pollo Loco – (60+) 10% Discount on your order.
Fazolli’s – (62+) Access to the Club 62 menu.
Friendly’s Restaurant – (60+) 10% Discount at select locations. Not all stores participate.
Gatti’s Pizza – (60+) Receive a 10% discount.
Golden Corral – (60+) Special Senior Menu Pricing.
Grand Concourse – AARP members get a 10% Discount.
Hardee’s – (52+) Up to a 10% discount depending on location.
IHOP – (55+) Access to the iHop 55 & up menu
Jack in the Box – (55+) Up to a 20% discount depending on location. Not all locations participate.
Joe’s Crab Shack – AARP members get a 10% discount.
KFC – (55+ or 60+) 5% to 10 % Discount. Some offer a free small drink with a meal purchase.
Krispy Kreme – (50+) 10% Discount on your order at participating locations.
Landry’s Seafood – AARP members get a 10% Discount.
Longjohn Silver’s (55+) Discount varies by location, and is at participating locations only.
McCalister’s Deli – AARP members get a 10% Discount in-store, in-app and online orders at participating locations.
McCormick & Schmick’s – (50+) 10% savings off food and beverages (excluding alcohol) for AARP members and up to 5 guests.
McDonald’s – Individual franchised stores may offer various discounts or deals.
Moe’s Southwest Grill – AARP members get a 10% Discount in-store, in-app and online orders at participating locations.
O’Charley’s – Varies by location. Check with your local store.
The Oceanaire Seafood Room – AARP members get a 10% Discount.
Outback Steakhouse – AARP members get a 10% Discount.
The Old Spaghetti Factory – Discounted items from the senior menu.
Panda Express – (55+) Up to a 10% discount depending on location.
Papa John’s – (55+) 25% Discount on your order.
Perkins Restaurants – (55+) Discounted items from their senior menu. Some locations may offer senior discount days as well.
Pollo Tropical – Various locations offer varying discounts.
Ponderosa Steak House – (62+) 10% off any entree.
Rainforest Cafe – (50+) AARP members get a 10% Discount.
Saltgrass Steak House – (50+) AARP members get a 10% Discount.
Schlotzsky’s – AARP members get a 10% Discount in-store, in-app and online. Stores may also offer special senior discount days.
Shoney’s – (60+) May vary by location. Special pricing or 10% off.
Sizzler – Access to the “Honored Guests” menu + some locations offer an additional discount as well.
Sonic – (60+) 10% Discount or complimentary soft drink.
Steak ‘n Shake – (50+) 10% Discount on your order.
Subway – (60+) 10% Discount on your order. May vary by location.
Taco Bell – (65+) 5% Discount off your meal and a free soft drink. May vary by location.
TCBY – (55+) 10% Discount on your order at participating locations.
Tea Room Cafe – (50+) Save 10% on your order.
The Old Spaghetti Factory (55+) Access to a special senior menu.
Uno Pizzeria & Grill – (55+) Join their Double Nickel Club and receive 25% off on Wednesdays at participating locations.
Village Inn – (60+) 10% discount on your purchase.
Waffle House – (60+) 10% Discount at participating locations.
Whataburger – (55+) Free soft drinks or discounts at participating locations.
White Castle – (62+) 10% Discount on your order at participating locations.
Wendy’s – (65+) 10% discount on your order or a free drink depending on location.

GROCERY & PHARMACY

Albertsons – (55+) 10% Discount orders on certain days of the month. Check with your local store.
American Discount Foods – (62+) 10% discount on Mondays with ID.
Bashas (Food City and AJ’s) – (55+) 10% discount on the first Wednesday of each month.
Compare Foods Supermarket – (60+) 10% discount on Wednesdays.
DeCicco Family Markets – (62+) Discounted prices on designated days of the week.
Discount Drug Mart – (60+) 10% discount on the first Wednesday of the month.
Fred Meyer – (55+) 10% discount on the first Tuesday of each month
Fry’s Food Stores – (55+) 10% discount on the first Wednesday of each month.
Gristedes Supermarket – (65+) 10% discount on Tuesdays.
Harris Teeter – (60+) 5% discount on Thursdays.
Hy-Vee – (55+) 5% discount on Thursday’s.
New Seasons – (65+) 10% discount on Wednesdays.
Piggly-Wiggly – (60+) Varies by location.
Rite Aid – (65+) 5x rewards points, valid the first Wednesday of each month on in-store purchases only.
ShopRite – (55+) 5% discount at participating locations.
Uncle Guiseppe’s Marketplace – (65+) Discount on Wednesdays.
Walgreens – (55+) Exclusive savings throughout the month.
Weis Markets – (60+) 10% discount on Tuesdays.

RETAILERS AND MORE…

Amazon – 50% off Prime with proof of SSI, SNAP, or other government assistance.
AMC Theatres – (60+) Senior pricing offers.
Ancestry – AARP members get a 30% off Discount on a All Access or World Explorer Subscription.
Best Western – (55+) Discounted rates.
Budget Rent-A-Car – AARP members get up to 30% off Base Rates & Other Benefits.
Choice Hotels – (60+) Guests save up to 10-30%.
Cinemark Theatres – (62+) Special discount pricing for seniors on the theatre’s participating day, for any movie, at any showtime.
Consumer Cellular – AARP members get up to 5% on monthly service and usage charges and 30% on accessories. Talk, text and data plans start at $20 per month per line.
Goodwill – (60+) varies by location.
Hilton Hotels & Resorts – (65+) Save up to 7%
Kohl’s – (60+) 15% coupon available every Wednesday in store.
Landmark Theatres – (65+) 20% off the posted Senior’s admission price and 20% off concession purchases on Mondays only.
Marcus Theatres – (60+) Watch a movie for $7 before 5:30 pm on Friday’s
Marriot Bonvoy – (62+) Discount Rate eligibility is based on age.
Michael’s – (55+) 10% discount for seniors.
National Parks America the Beautiful Senior Pass – (62+) Special entrance pass options for you to enjoy your public lands!
Payless Car Rentals – 5% Discount on car rentals.
PepBoys – (55+) Customers get an addition 10% off.
Petsmart – (65+) Senior & military members receive a 10% discount at the Grooming Salon on Tuesdays only.
Radisson Hotels – AARP members get a 10%-20% Discount.
Red, White & Blue Thrift Stores – (55+) 50% off several departments in the store, valid on Wednesdays only. Varies by location.
Regal Cinemas – (60+) Discounted movie tickets at participating locations, daily.
Ross – (55+) 10% discount on Tuesdays.
Salvation Army – (60+) 10% off daily at participating locations.
Savers and Value Village – (55+) Discounts on Tuesday, varies by location.
Showcase Cinemas – (60+) Senior Wednesdays, come and enjoy a movie for only $7.75* and you can also enjoy the extra benefit of popcorn & a fountain beverage for only $5.50.
SilverSneakers – (65+) SilverSneakers is a fitness and wellness program offered online or in-person at no additional cost to seniors on eligible Medicare plans.
Ticketmaster – When available, senior discounts will be part of your ticket options.
TJ Maxx – (55+) Some locations offer a 10% discount on Monday’s.
T-Mobile – (55+) Save with the 55+ Discount Plans.
United Airlines – (65)+ Discounts for those aged 65 and up.
UPS Store – AARP members save 5% off domestic and international UPS shipping services, plus 15% off eligible products and services.
Verizon – Verizon offers Senior plans, plus some locations may offer additional discounts.
Wyndham Hotels & Resorts – (60+) Discounts off the best available rate.

Source: The Freebie Guy

The Power of First Impressions in Real Estate: Why Cleanliness is Key

In the world of Real Estate, first impressions can make or break a deal. Imagine this scenario: you’re touring a potential buyer through a home, excited about showcasing its features, but within 10 steps, you’re turning around and heading back out. Why? The smell hits you, the cleanliness is questionable, and the overall presentation is a far cry from what a buyer envisions. This is not a rare occurrence; it’s a testament to the importance of a well-maintained and inviting home.

The Power of First 10 Steps: Entering a home should be a journey of anticipation, not a retreat. In a recent tour, we encountered a situation where the first 10 steps inside the front door were enough to make us reconsider the showing. The dirty front door set the tone, an odd smell permeated the air, and every blind was shut, casting the home into a gloomy atmosphere. Needless to say, first impressions matter, and this experience is a stark reminder of that truth.

The Smell Test: As we ventured further, the oddest smell became more pronounced. A well-maintained home should greet you with freshness, not peculiar odors that linger. Buyers seek a space that feels welcoming, and unpleasant smells can be an instant turn-off.

Let There Be Light: Walking into what felt like a dark dungeon, every blind tightly shut, only added to the disappointment. Natural light is a home’s best friend. It not only enhances the aesthetic appeal but also creates an inviting ambiance. A home shrouded in darkness can give the impression of neglect and diminish its true potential.

The Kitchen Conundrum: A few more steps inside, and we were met with a pile of dirty dishes in the sink. Sarcasm from the buyer highlighted the disconnect between the sellers’ motivation to sell and the reality of their home’s presentation. A cluttered and unkempt kitchen doesn’t just impact the impression; it can affect the perceived value of the entire property.

Watch our Instagram Video here!

The Solution: A Polished Presentation: Buyers crave that ‘wow’ moment when they step into a potential new home. To achieve this, investing in cleanliness is non-negotiable. Hire a housekeeper, consider a storage unit to declutter, and ensure every detail is addressed. It’s an investment of both money and time that pays off significantly in today’s competitive real estate market.

Why Work with Our Team: Our team understands the intricacies of presenting a home in its best light. We go beyond the standard, addressing every detail to ensure your property stands out. A clean, well-maintained home not only impresses potential buyers but also translates to more money in your pocket.

In the realm of Real Estate, first impressions are paramount. The story of a mid-tour exit due to cleanliness and presentation issues is a stark reminder of the impact these factors can have. Sellers, take note – investing in the presentation of your home is an investment in your success. Let us guide you through the process, ensuring your property shines bright in the eyes of potential buyers. Because in real estate, a polished presentation equals a prosperous transaction. #RealEstateTips #HomeSelling #FirstImpressionsMatter ????✨????

3 Things Every Seller Should Know

If you are thinking about putting your home on the market this holiday season, there are a few things you should know.

1. Buyer affordability is the #1 thing capping prices, not just interest rates!

As a seller, you should be prepared to make repairs or pay concessions if you want your house to sell. If your home needs repairs, it is likely to impact how much you get for your home because the amount either adds or subtracts from your best buyer’s affordability.

2. Prices are normalizing.

Rates are now normalizing prices. They aren’t dropping, but they also aren’t shooting up like they used to. Focus on listing your home at a fair price.

3. Buyers that are house shopping now, are serious buyers – be a serious seller.

Most buyers want to be in their home by the new year. If you are putting your home on the market now, the assumption is you are motivated to sell by then.