Reasons You Should Consider Selling This Fall If you’re deciding when to sell your house, there may not be a better time. The ultimate sellers’ market we’re in won’t last. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will Likely Sell Quickly According to the Realtors Confidence Index, homes continue to sell quickly – on average, they’re selling in just 17 days. As a seller, that’s great news for you. Average days on market is an indicator of demand. If homes are selling quickly, buyers have to be decisive and submit their offer before other buyers swoop in. 2. Buyers Are Willing To Compete for Your House In addition to selling quickly, homes are receiving multiple offers. That same survey shows sellers are seeing an average of 4.5 offers, and they’re competitive ones. The graph to the right shows how the average number of offers right now compares to previous years: Buyers today know bidding wars are likely, and they’re coming prepared with their best offer. Receiving several offers means you can select the one that makes the most sense for your situation and financial well-being. 3. When Supply Is Low, Your House Is in the Spotlight One of the most significant challenges for motivated buyers is the current inventory of homes. Though it’s improving, it remains at near-record lows. The chart below shows how today’s low inventory stacks up against recent years. The lighter the blue, the lower the supply. If you’re looking to take advantage of buyer demand and get the most attention for your house, selling now before more listings come to the market might be your best option. 4. If You’re Thinking of Moving Up, Now May Be the Time If your home no longer meets your needs, it may be the perfect time to move. Homeowners are gaining a significant amount of wealth through growing equity. You can leverage that equity, plus low mortgage rates, to power your move. But these near-historic low rates won’t last forever. When rates rise, even modestly, it’ll impact your monthly payment and by extension your purchasing power. Experts forecast interest rates will rise. In their forecast, Freddie Mac says: “While we forecast rates to increase gradually later in the year, we don’t expect to see a rapid increase. At the end of the year, we forecast 30-year rates will be around 3.4%, rising to 3.8% by the fourth quarter of 2022.” Don’t delay. The combination of housing supply challenges, low mortgage rates, and extremely motivated buyers gives sellers a unique opportunity this season. If you’re thinking about making a move, reach out to your real estate advisor to talk about why it makes sense to list your house now. Selling your home is already an ordeal. The last thing you want is a low appraisal. This means the appraiser has valued your home lower than your sales price. That can create problems, especially when the buyer wants the price dropped to meet the appraised value. To get the highest valuation possible, here are 4 things you can do: 1. Clean and de-clutter. A pristine house will subjectively feel more valuable than a cluttered, messy house. It is not expected for the home to be staged and perfect but do what you can to make it feel fresh. 2. Address potential distractions. Take kids and dogs away during the appraisal. Consider anything else unique to your situation that might be a distraction and think about how you might counter it. 3. Spruce up your curb appeal. Just like home buyers, an appraiser will form opinions based on first impressions. 4. Make a list of improvements and upgrades made. If you’ve recently had your roof replaced or upgraded plumbing, make sure the appraiser has this list. If possible, have documentation to prove the work was done professionally.
Page 1
www.BREMove.com
October. 2021 • Issue No. 30
Sports
Movie Releases
Featured Recipe
Washington Football Team at Atlanta Falcons
Baltimore Ravens at Denver Broncos
Brûléed Apples with Ice Cream No Time To Die
Venom: Let There Be Carnage
James Bond has left service. His peace is short-lived when an old friend asks for help, leading Bond onto the trail of a villain armed with dangerous new technology.
Venom springs into action when notorious serial killer Cletus Kasady transforms into the evil Carnage.
Prep Time: 30 min • Cook Time: 1 hour • Total time: 1 hour 30 min
In Theaters October 8th, 2021.
Ingredients • • • • • • • • • •
4 cups unfiltered apple cider ¾ cup pure maple syrup 4 tablespoons unsalted butter 2 tablespoons apple cider vinegar Pinch of kosher salt 4 large firm baking apples ¼ cup heavy cream 1 cup sugar 2 pints vanilla ice cream Candied or unsalted, roasted nuts (for serving)
October 3rd
October 3rd
Indianapolis Colts at Baltimore Ravens
New Orleans Saints at Washington Football Team
Los Angeles Chargers at Baltimore Ravens
Kansas City Chiefs at Washington Football Team
October 1st - 3rd
October 10th
October 11th
In Theaters October 15th, 2021.
Baltimore Orioles at Toronto Blue Jays
October 17th
October 17th
Cincinnati Bengals at Baltimore Ravens
Washington Football Team at Green Bay Packers October 24th
October 24th
Boston Red Sox at Washington Nationals October 1st - 3rd
Washington Football Team at Denver Broncos October 31st
Directions
1. Bring apple cider, maple syrup, butter, vinegar, and salt to a simmer, stirring. Add apples to pot in a single layer and return to a simmer. Cook, turning halfway through, 20–25 minutes. 2. Remove apples from pot and place, cut side up, on a baking sheet. Bring liquid in pot to a boil. Cook, until reduced to a thick caramel, 15–20 minutes. Add cream and stir until smooth. Reduce heat and keep sauce warm in pot. 3. Sprinkle cut sides of reserved apples with sugar and caramelize with kitchen torch. 4. To serve, scoop ice cream into bowls; place an apple, brûléed side up, in each. Drizzle with warm caramel sauce and top with some nuts.
UCF Knights at Navy Midshipmen
Navy Midshipmen at Memphis Tigers
SMU Mustangs at Navy Midshipmen
Cincinnati Bearcats at Navy Midshipmen
October 2nd
The Last Duel
Dune
In Theaters October 15th, 2021.
In Theaters October 22nd, 2021.
King Charles VI declares that Knight Jean de Carrouges settle his dispute with his squire by challenging him to a duel.
The son of a noble family entrusted with the protection of the most valuable asset and most vital element in the galaxy.
October 14th
October 9th
October 24th
Navy Midshipmen at Tulsa Golden Hurricane October 29th
Trivia Challenge
Things To Do Arts in the Park Festival
Fall Wreath Workshop
Our signature art festival returns with live performances, art, vendors, art workshops, food trucks, and fun for the entire family. Don’t miss the kick-off to our 20th Anniversary celebration.
Come on out to the farm for a socially distant + intimate Fall Wreath Workshop. This event is perfect for a small group outing with friends or family! Grab your loved ones and come on over to the farm.
Edgar Allan Poe Funeral Exhibit
Black Market Bakers
October 2, 2021. 194 Hammonds Lane, Brooklyn Park, MD
October 2 & 8, 2021. 800 E. Lombard Street, Baltimore, MD
Making Strides Against Breast Cancer October 24, 2021. 900 East 33rd Street, Baltimore, MD
Walk to unite our community in the fight against this disease. Raise money to help fund research and patient services.
Halloween Movie Double Feature
October 16th & 17th, 2021.
2436 Solomans Island Road, Annapolis, MD
October 30, 2021. 5001 Washington Blvd, Halethorpe, MD
Visit where Poe’s body will lie in a re-enactment of the day he was laid to rest. Tour the conspiracies that plague Poe’s legacy then pay your respects at a candlelight vigil for the master of horror.
Black Market Bakers is only open on weekends so mark your calendar and set your alarm. You will not be disappointed with anything that comes out of this bright blue kitchen trailer!
We’re
Pumpkin Fest
OktoBEARfest
Halloween Happenings
Enjoy Pumpkin Beer, food trucks, live music, U-Pick Pumpkin/Gourd Patch, hayrides, easy 6-acre corn maze, build a scarecrow, pumpkin painting, farm animals, local vendors, and ice cream!
Dust off your lederhosen! Fall-flavored beer sampling is coming back to the Zoo for the 9th year. Enjoy live music and German-inspired food & fare from local vendors and artisans.
It’s Halloween Time! Join us for a weekend enjoying our haunted house, haunted maze, and haunted hayride!
October 9 & 10, 2021. 825 Highland Rd, Street, MD
Page 2
October 16, 2021. 1047 St Stephens Church Road, Crownsville, MD
October 23 & 24, 2021. 1 Safari Place, Baltimore, MD
October Trivia Challenge Question What Is The Night Before Halloween Called?
October 29 - 31, 2021. 1450 Generals Highway, Crownsville, MD
October. 2021 • Issue No. 30
Page 3
Blackwell Real Estate’s 6th Annual Pumpkin Carving Contest! Who’s got the best Jack-O-Lantern in town? We’d love to know! Upload a photo of your pumpkin to BREPumpkinContest.com for a chance to win a $100 Visa Gift Card. Entries accepted through 12:00 PM on October 31st. Voting will begin October 31st and end on November 7th! The pumpkin with the most votes, wins. For complete details visit BREPumpkinContest.com. Know anyone looking for a BOO-tiful new home?
I am never too busy to help your friends and family carve out a great deal!
Last Month’s Question: What Is A Group Of Ravens Called? Last Month’s Answer: An Unkindness
Page 4
Congratulations to Last Month’s Winner! Faith Torsani
www.BREMove.com
October. 2021 • Issue No. 30