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Philadelphia Home Sellers | The Greater Philadelphia Area Home Search Blog

Monday, January 3, 2022   /   by John Salkowski

The Best Ways To Invest Your Equity

Here are the best ways you can invest using the equity in your home.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

As everyone knows, the housing market has grown exponentially over the last few years. As a result, many homeowners are sitting on a ton of equity. This is a great problem to have, but some people don’t know what to do with all their rapidly appreciating assets. That’s why we want to go over how homeowners can take full advantage of their new equity:
1. Renovate your property. Why not take some of your equity and increase the value of your existing home? If you like where you live, this is a great option.
2. Purchase investment property. Real estate is a fantastic investment, so it might be worthwhile to use your equity for the down payment on an investment property.

"Be methodical and make sure you get the most out of your equity."

3. Other investments. Whether you want to put your m ...

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  philadelphia home sellers

Wednesday, November 24, 2021   /   by John Salkowski

Stay Away From iBuyers

Here’s why you shouldn’t sell your home to an iBuyer company.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

It’s not in your best interest to use an iBuyer company to sell your house. The reason I wanted to cover this topic today is that recently, Zillow ended their home-buying program because they’ve been losing millions of dollars. That’s because iBuyer companies use outdated algorithms that gather data to find the price of a home. Some iBuyer companies include: Opendoor, Offerpad, RedfinNow, etc.
Most sellers think that iBuyer companies are saving them money, when in fact, they’re not. iBuyer companies charge five to six percent to purchase your property. They appeal to some sellers because they say they can close within seven to 90 days (or when you want to), there’s no preparation or work, no due diligence, and you don’t have to show your home multiple times. Howeve ...

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  philadelphia home sellers

Tuesday, November 16, 2021   /   by John Salkowski

Thanksgiving Pie Giveaway

Happy Thanksgiving and a reminder about the pie giveaway day.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

From everyone at the JRS Realty Group, we want to wish you a Happy Thanksgiving. We also want to remind you to RSVP to the postcards we sent out about our pie giveaway. Please RSVP by November 22. Keep in mind that pickup dates for your pie are November 23 from 11 a.m. to 3 p.m. and November 24th from 8 a.m. to 1 p.m.
If you have any questions, please reach out to us. We look forward to hearing from you and seeing you on pie giveaway day. ...

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  philadelphia home sellers, philadelphia homebuyers

Tuesday, October 26, 2021   /   by John Salkowski

Timing the Market Is Impossible

Here’s why you shouldn’t worry about timing the real estate market.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

Trying to time the real estate market is impossible. I begin with that statement because I constantly get asked when the best time is to buy or sell a property.

The market changes every single day. It’s like a roller coaster; you have highs, lows, and flatliners. By flatliners, I mean that there are no changes in the market; however, the market still changes daily. 

"The market changes every single day."

Historically, there are times of the year when the market is busier, such as springtime. There are also slower times of the year for real estate, such as around the holidays. However, we still have serious buyers and sellers around this slower holiday season. When the market is slow, prices increase, but when there’s more competition (such as in the spring), prices f ...

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  philadelphia home sellers

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