californiarealtor

Episode 30 of The #AskDanielLosAngeles Show

On this episode, I answer the following four real estate questions:

1) At what point during the year are home sales usually the slowest?

2) Now that we found a buyer for my home and we are in escrow, is it safe for us to start moving out?

3) A lot of the homes I am touring are selling for more than the list price. How am I supposed to buy a property if everything I am interested in keeps selling over the asking price?

4) I do not want to spend a dime on staging my home. What other options are out there to make my home look more attractive to buyers?

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Homeowners are feeling, "house rich, cash poor"

One in five U.S. homeowners say they feel house rich but cash poor, according to the newly released Hometap Homeownership Study.

With home prices continuing to climb up, nearly 20% of 675 homeowners surveyed classify themselves as feeling “house rich, cash poor” most of the time, according to the study produced by Hometap.

Seventy-three percent of respondents say they feel “house rich, cash poor” at least some of the time.

I bet if they surveyed renters they would find similar numbers.

I believe we all face similar challenges.

After all, I think being worried about how you are going to provide shelter and food for your family is a feeling all humans have had since the cavemen times. @hometap_

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