Median Sales Price Up 10% In 2023 Despite 19% Decline In Home Sales
Happy Tuesday morning, friends! We are now -- wait for it -- more than a third of the way through 2023!? How can it be!? And how's the market you might ask? Fewer homes…
Low Housing Inventory Levels Did Not Sneak Up On Us Overnight
Low housing inventory levels did not sneak up on us overnight -- nor are they a new phenomenon that just came to be during Covid. As show above, we have seen a general…
In The Real Estate World, It Is Almost Time For Kids To Go Back To School
Yes, I know, I know, the school year hasn't even ended yet. So why am I already thinking about when school aged kids are going to be going BACK to school in the Fall!?!…
The Probability Of Selling Your Home Is Still Hovering Around 99 to 100 Percent
Will I be able to sell my home? Almost certainly, YES! For the past few years, the probability of selling one's home (just about any home!) has been extraordinarily high…
Run The Numbers On Selling And Then Buying A Home
If you will be selling your home to buy another, there are a lot of numbers floating around.... what you'll sell for your closing costs when selling your mortgage payoff…
Home Sellers Still Are Not, For The Most Part, Accepting Home Sale Contingencies
As we make our way through the spring real estate market, plenty of folks are getting geared up to buy a home. Some of those would-be home buyers also need to sell their…
Home Prices Still On The Rise Despite Fewer Home Sales In 2023
Happy Thursday afternoon, friends! The spring real estate market is upon us -- though it looks and feels a bit different than it did over the past few years. Read on for…
Homes Are Selling Quickly, Often At Or Above The Asking Price, But...
Homes are selling quickly... often at or above the asking price... but... ...that doesn't mean you can put any price on your home and successfully sell quickly and at or…
Start Monitoring Listings And Sales In Your Market Segment A Few Months Before Selling Your Home
Will you be selling a home in the ___ neighborhood later this spring or summer? Will you be selling your home in the low $_00's later this spring or summer? If you plan…
One Of The Best Market Indicators Right Now Is How Quickly Houses Similar To Your Home Are Going Under Contract
Are you getting ready to list your home for sale this spring? Are you trying to figure out how to price your home? Step one - as usual - is to look backwards, at past…
Detached Resale Home Sales Decline 39% In Two Years, Down To... Pre Covid Norm
First, a definition... Detached Resale Home Sales = not townhouses, not duplexes, not condos, not new homes Now, then, an observation... Detached Resale Home Sales have…
Fewer Home Sellers, Thus Fewer Home Buyers, But Ever Higher Sales Prices In Early 2023
Happy Tuesday morning, friends! Driving around town over the past few days I have seen more and more redbuds blooming and daffodils popping up. It must be March! Indeed…