Still think it's a bad time to sell? We had more new pendings than new listings this week (57/65), and the most new pendings since the week of July 21st. The UNDER-$800,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF November 25 95 $376/sf 47 1,988sf...
Hat tip to swm for sending in this article about sellers blaming zestimates for why they can't fetch their higher price: http://www.king5.com/story/news/local/2014/11/15/zillowcomplaints/19054089/ The owner of one New York home writes that a low zestimate is...
We're in agreement that the local market has seen all its biggest price gains. You've patiently waited until there were a couple of good comps nearby, and you've agreed to list for an attractive price - within 5% of the last sale. You've spruced up the home, and are...
Zillow and other internet tools are helping to generate maximum urgency early in the listing period. But the industry doesn't do a great job of educating - and sellers can be surprised to see an offer in the first few days. There is temptation to wait for the two in...
Sellers expect their listing agent to toil for weeks and months searching for the right buyer for their home. Let's face it, that's how other jobs work - the desired result comes at the end of the effort. But it's the opposite when selling a house. The tight...
From the DQ: http://www.dqnews.com/Articles/2014/News/California/Southern-CA/RRSCA141112.aspx An excerpt: "It was another sub-par month for Southern California home sales. We've yet to see traditional buyers fill the void left by the drop-off in investor and cash...
You may be hearing more about this band:
The informant is getting used to being on national TV, and is a little nervous here. As a result, the significance is understated - JPMorgan Chase defrauded their investors, and then the Department of Justice let them off the hook:
For some, real estate TV is the ultimate in ego gratification. http://www.latimes.com/home/la-hm-home-show-casting-20140906-story.html An excerpt: Are you struggling to sell your house? Did you have a renovation nightmare? Does your dwelling have its own story to...
Hat tip to Kelly O: Post by HuffPost Good News.
