Why does my Realtor keep telling me to lower my asking price?
This post was going to entitled.....Is it possible to price aggressively low and still priced too high? But I figured I'd approach it from a seller's perspective…
August was good to us; positive trends continue....
Home sales have increased (2012-YTD as compared to 2011-YTD) and so have median prices. These prolonged trends are slowly leading us back towards a more balanced local…
Smiling: I absolutely LOVE your house (whispering: but I have to sell mine)
I've been on both sides of the table, multiple times, in the past three weeks. Deals that should come together, but won't necessarily, yet. These days, it seems that…
Funkhouser Goes Independent
As seen in the Daily News Record today.... Funkhouser Goes Independent Longtime Area Realtor Sheds Coldwell Banker Affiliation By DOUG MANNERS, Daily News-Record…
How does the home inspection process work in Virginia?
The first thing to know about the home inspection process is that it is a process for the benefit of the buyer. However, the standard contingency form and negotiation…
Making a low offer? Beef up your other offering terms.
I know, I know, you want to make a low offer on the house. It seems like every buyer does these days -- and why not, as it is certainly still a buyer's market in…
In a market upswing, crying over missed past buying opportunities can lead to even more tears
In the fictitious value trend graph above, the best opportunities were yesterday (or some time before now). As a housing market starts to improve, some buyers have a…
Estimating your housing payment as a first time buyer
I often have conversations with people considering their first home purchase who want to first get an idea of how much they would have to pay for housing on a monthly…
The balancing act of a home seller. Don't price too high, or too low!
This eternal pricing challenge is true more than ever now, in a market that still favors buyers.... FIRST -- It is imperative to price your home competitively (not too…
Has the local housing market started stabilizing and/or recovering in all price ranges equally?
Yesterday, I was chatting with two different people about the housing market and both were wondering how the potential local recovery (or at least stabilization) impacted…
Is the window of maximum negotiating ability closing?
Hidden in yesterday's monthly market report was this new graph that explores the amount that sellers negotiate off of their asking prices. As you can see, at the peak of…
Home Sales Up 8%, Prices Up 3% in Harrisonburg, Rockingham County
Seven months into 2012, the Harrisonburg and Rockingham County housing market is showing signs of steady improvement in the pace and price of home sales. Click here to…