This is advice I sent this morning to a potential seller of a 1970s-built home. He asked whether I thought pricing would increase in the next few months. My response: I wouldn't be too optimistic about prices increasing - if it happens, consider it icing on the cake....
Month: January 2019
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Mortgage Rates Have Improved
Mortgage rates have come down nicely - let's hope they stick! Higher rates are what keep buyers on the couch. When they see rates go up, they expect sellers to lower their prices to compensate. But if we can get rates back into the low four-percent range, or gasp,...
Padres Contest
Would you like some guidance on what to expect in the Spring Selling Season? Let's monitor how many new NSDCC listings are hitting the market! If the negative media hype is starting to worry sellers, they will hurry up and list their home early. If we see a surge of...