Home Buyers Might Not Request Showings Of Your Home With Minutes. Gasp!
Looking back, one of the humorous things about the (crazy) real estate market in 2020, 2021 and 2022 was how quickly buyers would jump on every new listing when it hit…
Going, Going, Gone. Make An Offer Before That House Is Under Contract.
Home buyers aren't making decisions quite as quickly these days. That doesn't mean that homes aren't going under contract as quickly -- they often are -- but individual…
Price Changes, Even If Small, Can Remind Buyers That You Really Do Want To Sell Your Home
Consider these two listings that a buyer might be considering in today's market... Home #1 A home priced at $435K that has been on the market for 75 days without a price…
Developing Patience When There Will Not Instantly Be A Buyer For Every Listed Home Any Longer
One of the strangest things over the past few years was how nearly every listing had a buyer (or buyers) in very short order once it hit the market. Inexpensive home - of…
Yes, We Seem To Be Back In A Time When Some Offers Might Be Under The Asking Price
Many homes are still going under contract quickly, often with multiple offers. But not all homes. I know it's hard to believe after the past few years of craziness in our…
Home Buyer Demand Is Becoming Much More Variable By Price Range, Property Type And More
Between 2020 and 2022, despite record levels of buyer demand, I would still tell sellers... We can't know for sure how much buyer demand will exist for your home until it…
Fewer Home Sales, But Prices Are Rising!? More Contracts But Inventory Levels Are Rising!?
Happy Monday afternoon to you, friends! This monthly market report is one of some enigmas, some contradictions, some puzzlement. Some of these will be familiar, some new…
Adjusting Our Thinking About Time On Market
For the past three years we have seen most homes going under contract very quickly. The median days on market (# days between list date and under contract date) has been…
Two Startling (Nationwide) Stats That Show Why Many Homeowners Are Not Likely To Sell Within The Next Few Years
Current mortgage interest rates for a 30 year fixed rate mortgage are averaging at 6.9% per Freddie Mac. Here are the two startling statistics as reported by Business…
How Often Are We Seeing Multiple Offer Scenarios These Days?
Pre-COVID, multiple offer scenarios were the exception not the rule -- we would see them from time to time, but not often. During most of 2020, all of 2021 and much of…
The Goldilocks Principle In Pricing Your Home To Sell
Per Wikipedia... The Goldilocks principle is named by analogy to the children's story "The Three Bears", in which a young girl named Goldilocks tastes three different…
280 Unit Rental Community, Stone Ridge Crossing, Proposed For North End Of Boyers Road
Remember the north end of Boyers Road? It used to be connected to Route 33 but now it ends in a cul-de-sac. The proposed development shown above, Stone Ridge Crossing, is…