Conjecture vs Analysis in Home Pricing
Sometimes, determining the market value of a home is quite straightforward, such as in this recent example.... Buyer A paid $250K for a 3 BR, 2 BA, 1800 SF, circa 2000…
Determining An Offering Price on a Property in a Neighborhood
How does one determine an offering price in a neighborhood? Start 5% below asking price? Start at the tax assessed value? Start at the price the seller paid, adjusted per…
Can New Homes Be Built That Buyers Will Want and Can Afford?
OK -- lots of great thoughts from folks over on Facebook yesterday, and in person as I talked to people around town yesterday, after I suggested that our market needs…
Understanding Buyer Feedback is Essential if You Have LOTS of Showings and NO Offers
As a home seller, you will face rejection left and right -- many prospective buyers will come view your house and most of them will decide not to buy it. But how, as a…
Ravenous home buyers are still picky eaters
Inventory is low -- buyers do not have many choices of homes to purchase -- but that doesn't mean they'll buy ANYTHING. Buyers are still being relatively picky, not…
54% of Homes (that sell) are Under Contract within 60 Days
Every home that goes on the market does not necessarily sell. Every home that goes on the market does not necessarily sell quickly. That said, 54% of the homes that do…
Making Sense of Buyer Feedback
As a home seller, you will face rejection left and right -- many prospective buyers will come view your house and most of them will decide not to buy it. But how, as a…
New Loft Floor Plans at The Townes at Bluestone
The Townes at Bluestone will soon feature a new floor plan -- with construction starting in the next few weeks. Previously, the floor plans at The Townes at Bluestone…
If you will be buying a home soon, you should understand buyer representation
If you are purchasing a home, before you call the listing agent to see that home, you should understand a bit more about buyer representation. In representing you as a…
The Big Picture of Selling Your Home
There are some aspects of your home (such as location, location, location) that are beyond your control. Your home's location and neighborhood will affect the price you…
What does this showing feedback really mean?
As a home seller, you will face rejection left and right -- many prospective buyers will come view your house and most of them will decide not to buy it. But how, as a…
Not finding success in selling your home? Focus on what you have control over.
If you are having difficulty finding a buyer for your home, and you are receiving critical feedback regarding your home's location, neighborhood, floor plan or size, then…