Sellers – Read This!

6 ways home sellers will need to shift their mindsets in 2019 © Jed Share/Kaoru Share/Getty Images Big sand castle In recent years, sellers have called the shots in home-buying negotiations. They've had plenty of leverage, too, thanks to surges in buyer demand, tight inventory and soaring home prices. Lately, sellers have lost their edge … Continue reading Sellers – Read This!

Home Prices Dropping?

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of … Continue reading Home Prices Dropping?

Top 5 Reasons You Shouldn’t FSBO

~ is there only 5? 😉 ~ Top 5 Reasons You Shouldn’t FSBO In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be … Continue reading Top 5 Reasons You Shouldn’t FSBO

Home Prices Rising

Home prices soar amid fierce rush for dwindling supply U.S. home prices jumped in February as buyers compete fiercely over a dwindling number of properties for sale. The S&P CoreLogic Case-Shiller national home price index released Tuesday jumped 6.3 percent in February from a year earlier, matching December's increase. That jump was the largest in … Continue reading Home Prices Rising

The Reality of Home Prices vs. Home Sales

The Reality of Home Prices vs. Home Sales Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because the prices went up does not mean sales went up. In fact, while national median prices rose almost 9 … Continue reading The Reality of Home Prices vs. Home Sales

It could take a miracle to halt the recent drop in home sales

~ Supply desperately needs to meet demand ~ It could take a miracle to halt the recent drop in home sales After a brief improvement in June, home sales continued their downward slide in July, with buyers signing fewer contracts to buy existing homes. An index of so-called pending home sales, which represent closings one … Continue reading It could take a miracle to halt the recent drop in home sales

5 Simple Ways to Stage the Exterior of Your Home Before an Open House

~ such great ideas! ~ 5 Simple Ways to Stage the Exterior of Your Home Before an Open House If you're selling your home, chances are good you're familiar with the concept of staging your home. Real estate agents recommend your home look its best to prospective buyers, and home staging is a great way … Continue reading 5 Simple Ways to Stage the Exterior of Your Home Before an Open House

U.S. home sales fell in June; shoppers couldn’t find houses to buy

U.S. home sales fell in June; shoppers couldn't find houses to buy Homebuyers faced surging prices and a shrinking number of properties for sale in June — causing the pace of sales to fall. Sales of existing homes slipped 1.8% last month to a seasonally adjusted annual rate of 5.52 million, the National Assn. of … Continue reading U.S. home sales fell in June; shoppers couldn’t find houses to buy

Californians look for homes elsewhere

Californians look for homes elsewhere Posted by Carrie B. Reyes | Jun 22, 2017 | Home Sales, Real Estate News | 0 | California saw the highest share of homebuyers looking outside the state for their next home in the first quarter (Q1) of 2017, according to Redfin. In Los Angeles, 88% of residents searched … Continue reading Californians look for homes elsewhere

Falling Short: Appraisals Not Meeting Homeowner Expectations

~ As prices rise and inventory drops, make sure you work your Realtor in pricing your home correctly ~ Falling Short: Appraisals Not Meeting Homeowner Expectations Quicken Loans released its May National Home Price Perception Index (HPPI) on Tuesday, which showed that, on a national average, homeowners estimated their house’s worth at a higher value … Continue reading Falling Short: Appraisals Not Meeting Homeowner Expectations