More Homes Are Selling, Faster, At Ever Higher Prices
Happy, Chilly November morning, Friends! This month's market report is brought to you by... turkey, stuffing, cranberry sauce, sweet potato casserole, carrot souffle…
Early Predictions For The Future Of Our Local Real Estate Market
I'll make more detailed predictions about the 2022 local housing market towards the end of December of the beginning of January -- but for now, I'll mention the following…
Mortgage Interest Rates Are Definitely Headed Up, For Sure, Oh Wait!?
I can't even count how many times over the past five-ish years that I have said mortgage interest rates would certainly be rising again, soon, for sure. I have certainly…
The Challenge Of Suggesting You Stay In Your Home And Improve It Instead Of Selling It And Buying A New One
Plenty of homeowners are *delighted* to see the price for which they could likely sell their home in this fast moving local housing market. :-) Most of those homeowners…
Is The Local Housing Market Starting To Cool Off?
Several local agents have recently said, conversationally, that they think the local housing market is starting to cool off. Is it? Maybe yes and no, depending on what…
The Tax Assessment Of A Property Is Most Useful For... Calculating The Real Estate Tax Bill For The Property
Oh, I see that house down the street is for sale! What's the list price? They are asking $400,000 for the house. What is the tax assessment of the property? Why? --- If…
Recent Similar Home Sales In The Same Neighborhood Are Often The Best Indicator Of Home Value
What are the top three factors affecting home value? "Location, Location, Location" Or so the saying goes. But, really, the location of a property is key in understanding…
Most, But Not All, Home Sellers Optimize For Price
What are you optimizing for? price? time? convenience? As a home seller, you are always optimizing for something. PRICE - Maybe you are willing to wait as long as it…
The Three Main (Usual) Hurdles To Getting To Closing
While every home sale is different -- with unique contingencies based on the needs and situations of the buyer and seller -- there are three main hurdles that most buyers…
Is That Bedroom Really A Bedroom?
You don't have to be a math major to count bedrooms, right? Well, technically, that's true -- but counting bedrooms for real estate purposes can become a bit nuanced…
How Much Will Your Housing Costs Increase When You Sell Your Home And Buy A New One?
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…
What If The Right Buyer For Your Home Is NOT Out There Right Now?
If you are preparing your house well for the market - and pricing it appropriately, according to what other buyers have recently paid for similar houses - and the house…