Thursday, November 14, 2024 / by Vic Markarian
Should You Sell Your House or Rent It Out?
When it’s time to move, deciding what to do with your current home is a big decision. Many homeowners today are considering renting out their property, but is that the right move for you? Here’s a breakdown to help you decide.
Is Your House a Good Fit for Renting?
Think about whether your home would make a good rental. For example, managing maintenance from a distance can be difficult, especially if your property needs frequent repairs. Some homes and neighborhoods may not be ideal for rentals, and if the house requires significant work, selling could be a more practical choice.
Are You Prepared for the Realities of Being a Landlord?
Being a landlord involves more than collecting rent. It’s a hands-on role that can be challenging and time-consuming. You might have to deal with middle-of-the-night maintenance calls or the need for repairs before a new tenant moves in. There’s also the financial risk if tenants mis ...
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Thursday, October 31, 2024 / by Vic Markarian
Feeling a bit unsure, or even afraid, to move with everything going on right now? The decision to move shouldn’t be scary, it should be exciting. And the best way to eliminate any fear is to work with a pro.
Real estate agents are so much more than just transaction facilitators; they’re trusted guides to help you navigate the complexities of the housing market with confidence and ease. And a great agent can turn what may feel like a daunting process into a manageable—and even enjoyable—experience.
That’s why, in a Bright MLS survey, respondents agreed partnering with an agent is essential and helps cut down on their stress:
Here are just a few examples of why that expertise can give you so much peace of mind.
1. Explaining the Current Market
You may be seeing misleading headlines about a potential market crash, falling prices, and more. And when you’re not an expert yourself, it’s easy to get swept up in the cli ...
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Thursday, October 24, 2024 / by Vic Markarian
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of foreclosures.
But before you start worrying about a housing market crash, here’s a look at what’s really happening. And the good news is: the latest foreclosure data shows there’s no wave on the horizon.
How Today’s Market Is Different from 2008
Let’s ease those fears by looking at the bigger picture. The graph below uses research from ATTOM, a property data provider, to show that the number of homeowners starting the foreclosure process is nowhere near what we saw coming out of 2008. Back then, there was a big spike in how many foreclosures were happening. Today, the number is much lower – it's even dropped some in the latest repok ...
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Thursday, October 24, 2024 / by Vic Markarian
As you’re getting ready to sell your house, one of the first questions you’re probably asking is, “how long is this going to take?” And that makes sense—you want to know what to expect.
While every market is different, understanding what’s happening nationally can give you a good baseline. But for an even more detailed look at real estate conditions in your area, connect with a local real estate agent. They know your local market best and can explain what’s happening near you and how it compares to national trends.
Here’s a look at some of the things a great agent will walk you through during that conversation.
More Homes Are on the Market, and That’s Affecting How Long They Take To Sell
According to Realtor.com, the number of homes for sale has been going up this year. That means there are more options for buyers, which is great news for anyone looking to buy a home. But as a seller, it also meank ...
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Sunday, October 20, 2024 / by Vic Markarian
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Vic Markarian, leveraging over three decades of real estate expertise, continues to redefine the property market in Granada Hills through his innovative approaches at Markarian Realty. Recognized as a top Realtor in Granada Hills, CA, Vic has crafted a unique sales methodology that emphasizes swift, client-oriented results, setting benchmarks in a competitive industry.
“Real estate goes beyond mere transactions; it’s about crafting outcomes that resonate with our clients’ dreams and financial aspirations,” says Vic. His focus on client satisfaction and strategic market positioning ensures properties are not just sold, but are sold quickly and at premium values. This approach is particularly vital in the brisk Granada Hills market, where Vic’s adeptness at navigating fluctuating conditions plays a critical role in his clients’ success.
Markarian Realty is renowned for its team sales system, a distinctive strategy that ak ...
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