Showing posts with label house for sale in philadelphia. Show all posts
Showing posts with label house for sale in philadelphia. Show all posts

Saturday, August 22, 2015

Do I need professional Photos

Do professional photos really make a difference?

Whether you are in the real estate business or in the process of selling your home, you have probably come across the challenge of creating an online presence for your property. Now, we will all agree that the presentation of the home is important but there is also a huge temptation to cut corners and save a few bucks in the process. We get it. When it comes to photography, you might wonder if hiring a professional is really worth the effort and expense, thinking a few snaps from a smartphone might just do the trick. Well, we polled some of our top-notch agents and our very own staff photographer, Kate Devlin, to see if going with a pro is really worthwhile. The response was a resounding yes for a multitude of reasons.

Making the First Impression

We all know that in business and in life, making a good first impression matters. This applies to homes as well. Almost all homebuyers begin their search online and, with hundreds of homes on the market, they may only view your property for a matter of seconds. If you want to grab their attention in this short time span, a series of professional photos is definitely the way to go. Our very own, Mike McCann, swears by professional photography.  He states, “Professional photos are the first impression one gets when viewing homes. As we all know first impressions are lasting ones. Nothing is more important in this day and age of the internet than using professional photos to market and represent a property. It will increase the actual activity on the home dramatically, help sell the property and create desire and appeal to the buyers and their friends or family who view it.” In Fact, Kate Devlin states that her greatest success has been “shooting homes that have been on the market with amateur photos that have gotten offers within days after the new photos have been posted!” Clearly, the first impression matters.
Experience
Kate Devlin, received a BFA in 2 Dimensional Fine Art from Moore College of Art & Design. She spent years studying different realms of photography and has extensive experience photographing homes all over Philadelphia. She knows all of the quirks of the trade and is skilled in presenting a property in a manner that adds rather than subtracts from its appeal. Though she was very resistant to flaunting her expertise or pointing out the flaws she sees in amateur photos from RE agents, she did craftily state, “I wouldn’t try to fudge my way through writing up a real estate transaction,” adding a subtle, matter-of-fact smirk.  McCann team agent, Lauren Acker, wholeheartedly agreed with Devlin’s gentle subtext, adding that “professionals produce quality, beautiful photos that show the house in its best light and would be very difficult for a nonprofessional to obtain. Especially in Philly homes which are often more difficult to shoot because of their narrow layout.” Simply knowing how to take a quality and professional photo, not to mention all of the work pros put in before and after each shot, leads to an appealing presentation of your property that showcases its beauty. If you want your property to stand out from the rest, we recommend using someone with experience in making them look their absolute best!
Check out some of Kate’s Splits of amateur vs. her pro pics!
Staging
Kate Devlin offered us a little insight on the basics of what can make or break a real estate photo. One of her biggest concerns was an utter lack of staging, causing homes to look cluttered, dirty or out-of-date. She explained that “homeowners who care and a home that is ready to be shot make all the difference” and urged sellers to,
“Put it all away!  Stash the stuff! Get rid of all the extras for the day of the shoot.  Clear the fridge of magnets, take down the kid’s artwork, take the bathrobes and hanging junk off of doors, clear almost everything off the bathroom counters except a few well-chosen things.  It may take an extra hour, but you just have a swipe or a click’s worth of time to make an impression on buyers.”
Devlin was adamant about this issue and the potential for a few ill-placed items to ruin a quality photo.
Lighting
Do you know how to set up flattering lighting for a photography shoot? That’s okay, we don’t either. This is just another reason why hiring a professional matters. Kate Devlin even confessed that this was something she had to learn to perfect in the field. As one seasoned real estate professional simply states, “lighting matters.” Unless you have time to read Photography for Dummies or enroll in a photography course (we don’t) we recommend that you let a pro handle this vital element of presenting your home. McCann Team agent, Paul Chin, noted that “better lighting and wider images bring out sharper colors and contrasts leading to better presentation of the property and the agent.”
Space and Scale
Let’s face it. In the real estate business, size matters. When people are viewing a home digitally, they want to get a good sense of the scale, layout and usable space in the home. Julie McCann a real estate professional with extensive experience in presenting and perusing properties, explains that amateur photos tend to be “choppy, showing less of the full space of a room, and ultimately less of a clear understanding of the layout.” Devlin agrees, stating that many people unintentionally shrink their properties.  She explains, “Scale is important.  Sometimes over-sized furniture or accessories can really throw off visual perception of a room. An extra-large towel hanging where a hand towel normally would go, and an over-sized wastebasket can really give someone the impression that a room is much smaller than it is.”  Devlin also makes a point to emphasize unique and exciting spaces such as “a craft corner or a breakfast nook so people can understand how they could use the space.” Yet another benefit of using a pro is their ability to use their artistic eye to capture the highlights of a home and present them to possible buyers. Julie McCann explains that professionals have the ability to make people
“fall in love with a property, get a real feel for the place and even start envisioning morning coffee on the deck!”
Customer Service
The mark of a real professional is their ability to interact with clients and add to their level of comfort during the active and emotional process of listing their home. Kate Devlin recalled numerous instances when she was required to really talk clients through the process and connected with them by discussing the major transition occurring in their lives. Local RE Photographer and Owner of Plush Image Corporations, Matt Robnett chimed in on this important issue as well, stating that “an experienced real estate photography team will be expertly trained to interact with sellers. I encourage my clients to let us shoot alone with sellers because we are experts at representing their business in a friendly and professional manner, and make great use of our one-on-one time.” Clearly, pros know how to impress your clients and properly represent your business, showing customers that they are valued and respected.
Next time you are confronted with the temptation to take a shortcut and skip out on professional photos, keep this advice in mind and consider what a difference quality photos make.  Using a pro can help you avoid embarrassing blunders and prevent you from undermining the quality of your property. As Kate Devlin states as her personal mission and the number one benefit of hiring a professional photographer, “A professional knows how most effectively to present your home or investment.”


Tags: philly real estate blog, philadelphia real estate blog, center city real estate, bucks county real estate, joseph c mccabe, Joseph Cummons, how to buy a house, house for sale in philadelphia, Realtor philadelphia, phiily real estate


Thursday, August 20, 2015

Joseph McCabe Realtor, Philadelphia Explores the rental crisis





Philadelphia real estate ownership, that celebrated hallmark of the American dream, is increasingly on hold for younger Americans.

Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life.
The typical first-timer now rents for six years before buying, up from 2.6 years in the early 1970s, according to a new analysis by the real estate data firm Zillow. The median first-time buyer is age 33 - in the upper range of the millennial generation, which roughly spans ages 18 to 34. A generation ago, the median first-timer was about three years younger.
The delay reflects a trend that cuts to the heart of the financial challenges facing millennials: Renters are struggling to save for down payments as wages have largely stagnated. Increasingly, too, they're facing delays in some key landmarks of adulthood, from marriage and children to a stable career, according to industry and government reports.
These shifts help explain why homeownership, long a source of middle class identity and economic opportunity, has started to decline. The share of the U.S. population who own homes has slid to 63.4 percent, a 48-year low, according to the Census Bureau.
And when young adults do sign the deed, their purchase price is now substantially more, relative to their income, than it was decades ago. First-time buyers are paying a median price of $140,238, nearly 2.6 times their income. In the early 1970s, the starter home was just 1.7 times income.
Millennials are "still very interested in buying a house, but they're delaying that decision," said Svenja Gudell, chief economist at Zillow. "Once they start having kids, they begin looking for homes. We're also finding that - given how much rental rates are currently rising - a lot of folks are having a hard time saving for a down payment and qualifying for a mortgage."
Low mortgage rates have eased some of the pressures caused by the higher prices. But in many of the hottest job markets, the gap between home prices and median income is prohibitively high.
Around the Silicon Valley tech corridor in California, the median home price exceeds eight times the typical income. That disparity is nearly six times in metro New York City, almost five times in Boston and Seattle and above four times income in Miami and Denver.
Millennials increasingly find themselves in a situation like that of Lou Flores, a 30-year-old property portfolio manager in San Diego. He shares a one-bedroom apartment with his boyfriend, paying $1,400 a month to live within walking distance of Balboa Park and the zoo.
Flores' parents had built their nest egg by steadily upgrading their homes, ingraining him with the notion that "renting was a waste of money." But the median home in San Diego costs more than a half million dollars, according to the area's association of Realtors.
So Flores figures ownership is at least a few years away.
"Here in California, if you're not married or with someone, it's impossible to buy a home without financial backing from your parents," Flores said.
Few first-timers around the country can lean on their parents. Among homebuyers last year under age 34, 14 percent received down payment help from family or friends, according to a Federal Reserve survey.

Most first-timers still depend on personal savings for at least some of their down payments. But rising rental prices have complicated the task of socking away money for a down payment. Fueled by a surge of renters across all age ranges, rental prices nationally have grown at roughly twice the pace of average hourly wage growth, which was a paltry 2.1 percent over the past year.
A result is that those prices are consuming more income. A striking 46 percent of renters ages 25 to 34 - the core of the millennial population - spend more than 30 percent of their incomes on rent, up from 40 percent a decade earlier, according to a report by Harvard University's Joint Center of Housing Studies. (The housing industry generally regards a figure above 30 percent as financially burdensome.)

Some of the cost burden stems from a shift toward people who envision themselves renting for several years and therefore seeking the kinds of amenities more commonly associated with home ownership. Based on searches for rentals on RadPad in June and July, for example, apartments with stainless steel appliances and swimming pools were disproportionately popular in cities with lower homeownership rates such as Los Angeles, Chicago and Washington.
Nearly a fifth of Washington-area searches sought apartments with stainless steel appliances, compared with 5 percent nationwide. More than a third of Chicagoans wanted an apartment with a pool, versus 18 percent nationally.

Job security has become a more central consideration for first-time buyers. The Money Source, a mortgage lender and servicer, examined applications from 5,404 millennial homebuyers. It found that the buyers had averaged nearly 4.5 years in their field of work and had held their current job for slightly more than three years. Those figures point to how critical career stability has become for a generation that entered the workforce during the Great Recession and its slow-growth recovery.

Housing industry experts note that surveys still show a strong desire to buy among millennials, but that their timelines for purchasing depend on achieving more stability in their careers.
"As long as there is the job market to support millennials - just as it has for previous generations - I don't believe their habits will change," said Darius Mirshahzadeh, CEO of The Money Source.

Read more at http://www.philly.com/philly/business/real_estate/20150817_ap_3aeab8fd8a4b4bcc82195708242e0bb4.html#6ErjYTBgDCKiyySd.99

Fascinating Philly real estate stats

As of May 2015, average apartment rent 
within 10 miles of Philadelphia, PA is $1443. 

One bedroom apartments in Philadelphia rent for $1197 a month on average and two bedroom apartment rents average $1483. 

The average apartment rent over the prior 6 months in Philadelphia has increased by $155 (12%)

One bedroom units have increased by $146 (13.9%) and two bedroom apartments have increased by $159 (12%)

Wednesday, August 19, 2015

Budgeting to Buy a Home with Joseph McCabe

Budgeting to Buy a House
No matter how good the credit rating, today's homebuyer no longer has the luxury of buying with little or zero down. Unless you are low-income with good credit, or a veteran, no-down loans are also a thing of the past.
Most lenders today want at least 20 percent of the loan amount as a down payment on a house. For a home priced between $168,300 and $287,500, a homebuyer would need to come up with between $33,660 and $57,500 just for a down payment. Then, there are closing costs to consider. These vary by state, but figure you'll pay over $2,000 on a $200,000 loan.
Saving up this money takes time and careful planning. The best way to start is by coming up with a budget that is realistic enough for you to stick with and by using other tips to help you get ahead financially.

The Budget

The only thing more challenging than setting up the budget is sticking with it over the long run. Using personal finance software will help you set it up, but only self-discipline and the desire for a new house will motivate you to stick with it.
First, you need to determine your total income from all sources. The second step is to list all the money that goes out every month, beginning with your fixed expenses. These include anything that has a fixed payment due every month, including:
Rent or mortgage (if you have a fixed rate).
Car payment.
Insurance.
Child support and alimony.
Installment loan payments.
Next, list your variable expenses. These may be a little more difficult to track, so you may want to document them over the course of a week or two on a chart such as the spreadsheet offered for free by a Canadian credit counseling service. Common variable expenses include:
Utilities.
Telephone.
Cable or satellite TV.
Anything you purchase on a daily basis (morning coffee, etc.).
Amy Fontinelle, writing at Investopedia, suggests that you track and update your budget daily so that nothing falls through the cracks.

Make Changes

Once you've used the budget for a month or two you'll be able to see where your money goes every week. This snapshot shows you where it's being wasted and, thus, where to make cuts. Any items cut from the budget mean more money to set aside for your house.
Some of these cutbacks might include bringing a lunch from home rather than hitting the café every day, riding your bike to work instead of driving or taking a cab, and using coupons to save money.

Make More Money

Cutting your budget expenditures and paying down debt aren't the only ways to move more quickly down the road toward homeownership. Finding ways to bring in more money gives your plan a turbo boost.
If you can take on overtime hours at work, do it. Consider holding a garage sale or selling unused items online. Sock away that extra cash for your down payment.

Savings

If you're like a lot of us, you may be tempted to use the money you're saving for something else that comes along. To avoid the temptation, put it in an online savings account that makes it difficult to withdraw. If you have to wait a few days for the money, you may think twice about withdrawing it.
As you build your savings, avoid the urge to add to your debt. There will be plenty of time after you buy the house to buy furniture, a car or whatever else you might be thinking of purchasing. Keep that house you want top-of-mind to motivate yourself to stay out of debt and continue saving.

Tuesday, August 18, 2015

Decorating cheaply in Philadelphia, Sell your home fast

Decorating on a Budget

Get your home ready to sell or make it feel fresher to live in cheaply. 
Joseph McCabe 215-868-6379 Philadelphia Realtor




DIY SAWHORSE TABLE

luxury on a budget1
We’ve mentioned something like this on our blog on fun ideas for outdoor summer parties and whether you’ll be hosting simple gatherings or full-on parties in your yard, this is one DIY that is sure to bring your level of savviness to out of this world proportions!

HANG UP A VINTAGE SIGN

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Much like how artwork anchors a room, a huge vintage sign can bring focus to your outdoor room. This may not come cheap, since vintage signs are quite pricey even at the flea market but hey, if you’re looking to make a statement, this is the way to go.

DECORATE WITH A USED OUTDOOR FIREPLACE

luxury on a budget3
Whether you use old metal fireplaces or use a big planter or fire bowl, nighttime hanging out at your yard will not be the same ever again when you make use of this patio decorating tip. What’s will make this better? If you can actually use the outdoor fireplace to cook up some campfire treats!

BRING OUT A COLOURFUL RUG

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Have imperfect pavers, cracked brick, or just want to give your patio a new lease on life? Use colourful rugs! Not only will they cover imperfections, they would also make your patio feel like an extension of your home, sort of like having an outdoor living room.

OUTDOOR CURTAINS ANYONE?

luxury on a budget5
Curtains are not just for the inside of your home; in fact, you can definitely transform an outdoor space into another room by simply hanging curtains for shade and privacy. Use waterproof materials for a no-fuss low-maintenance addition to your patio.

CREATE SALVAGED PALLETS FURNITURE

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Outdoor furniture can get very pricey but you can have creative daybeds and seating for cheap with the use of wooden pallets! Get them from local stores or craigslist and see tutorials at pinterest. Simply add in cushions and you’re good!

TRY A TREE STUMPS TABLE

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Got some tree stumps or logs? Cut them to the same height to make a sturdy base for a table. Add a table top of your choice and you’ve got a unique piece showcasing your creativity. You can make the table as high or as low as you want or even add poufs as seating for a relaxed outdoor dining area. It’s a great recycling project too!

MESMERIZE WITH CAFÉ LIGHTS

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A few strands of café lights is one of the easiest (and cheapest) ways to spruce up your outdoor lighting. These days, they also come in the solar variety too! Read More here

91 Property Package deal...16,000,000 dollar value

 I have 91 Properties (Market Value of $16,000,000)all in the city of Philadelphia being sold as a package deal. This is not your normal investors special. These are high-quality properties with a 100% high quality tenant guarantee, all listings at time of purchase will be fully rented out. All homes comes with a 6 month repair guarantee. All properties are recently rehabbed to a high standard and package include a mix of singles rows and duplexes. For information on these properties please email joseph.mccabe92@kw.com or 215-868-6379
All questions will go through me Thanks!
Valued at $16,000,000 Please contact me to write an offer for you.


Joseph C. McCabe,REALTOR
Keller Williams Real Estate
Cell: 215-868-6379
Office: 215-757-6100x186
Joseph.mccabe92@gmail.com
584 Middletown Blvd A-50
Langhorne, PA 19047
PA, RS327442

Connect with me here!
http://www.buyphillyhomesnow.com
https://m.facebook.com/mccaberealestate
www.josephcmccabe.com
www.phillypropertyescort.com
www.phillyrealestate.yelp.com


 “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin Roosevelt

537 Snyder ave NEW CONSTRUCTION center city

Opportunity knocks in this  bold priced New CONSTRUCTION home which is just listed and available for move in in late September! Available for immediate possession. Purchase today and gain the ability to customize your cabinetry and other home accessories to your needs. This home is in coveted Bella Vista and features a totally rebuilt end unit complete with three stories and a roof deck! Yes a roof deck. Additional Signature features include gourmet kitchen appliances with enlarged counter tops, ceramic tile kitchen backsplash, large pantry, recessed lighting, upgraded mold...ing and upgraded ceramic in the bathrooms, hard wood floors in foyer and main rooms, dining room, powder room and family room. This location is close to all major shopping and any other needs you may have. Top quality New Construction Home at a very reasonable price Hurry! Super low taxes. Walk to all of the Pennsport, Dickinson Narrows and Passyunk Square attractions. Completion date late September so get it now while its hot.. Pictures are of tentative floor plans IN 3D and past projects to help you think about how you would like to customize it yourself. Call Today 
see the great photos



Monday, August 17, 2015

Call me now Realtor Philadelphia

Need real estate help in Philadelphia, Bucks or Montgomery County give me a call.
215-868-6379

IT DOESN'T PAY TO WAIT TO BUY A HOME-
There will always be those who try to "time the market," but there's one factor you can't know -- when buying a home will become more expensive.
Certainly you can tell from recent trends whether or not prices and mortgage interest rates are in your favor. Monthly prices have risen year-over-year for three years. Mortgage interest rates are slowly rising, but remain at extremely attractive levels.
You could wait for prices to fall, but there are two problems with that idea. First, it would take an economic recession to lower prices, which could take months or years. With the exception of the Great Recession, you won't know if you're in or out of a recession until the talking heads online inform you.
Second, mortgage interest rates have been kept artificially low for five years. That's a very long time. With steady gains in employment, it's not likely they will go any lower. In fact, higher interest rates could wipe out any gains you could save by waiting to buy.



Joseph C. McCabe,REALTOR
Keller Williams Real Estate
Cell: 215-868-6379
Office: 215-757-6100x186
Joseph.mccabe92@gmail.com
584 Middletown Blvd A-50
Langhorne, PA 19047
PA, RS327442

Connect with me here!
http://www.buyphillyhomesnow.com
https://m.facebook.com/mccaberealestate
www.josephcmccabe.com
www.phillypropertyescort.com
www.phillyrealestate.yelp.com


 “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin Roosevelt