So you’ve heard that the market has slowed a bit, and you’re wondering, "Should I sell now, or wait it out?" If you don’t mind keeping your home forever, then fine, the value will probably go up in the long run. But if you’d rather get your hands on your tax-free...
Compass intends to comply with NAR's Clear Cooperation Policy MLS 8.0. In addition, the corporate staff will work the MLS to see if we can create a Coming Soon section, like many other areas are doing. The 8.0 policy legitimizes the Coming Soon marketing, and allows...
Widowed taxpayers. If you are a widowed taxpayer who doesn't meet the 2-year ownership and residence requirements on your own, consider the following rule. If you sell your home within 2 years of the death of your spouse and you haven’t remarried at the time of the...
The Twitter squall below is linked to the tweets. Susie, what is it really like? BOISE, Idaho — This city sure knows how to roll up the welcome mat — that is, if you happen to move here from California. Just consider last week’s mayoral election. It was the most...
When you drive around older neighborhoods, you see homes in original condition or in a state of disrepair, which are signs of senior homeowners. It makes you think, "They should sell and move - are they just waiting around to die?" The answer is YES, and it's because...
I describe the strategy for sellers here, because buyers need to be on alert 12 months out of the year. Why? Because you only care about buying the right house at the right price - which isn't affected by the general market conditions. You are looking for the one-off.
Rich has done a fantastic summary on the San Diego real estate bubble - read more here: https://www.piggington.com/shambling_tiny_halting_step_towards_affordability
Aisling Swindell was paying so much for rent last year—$2,100 per month to live in a studio in Downtown LA—she figured she might as well buy a place. “The house I ended up buying was $440,000, which is insane, right?” says Swindell, who works for an online fashion...
Now that we're reaching some equilibrium, let's dissect the buyer pool. As recently as two years ago, 60% of buyers were probably interested in properties priced 10% over comps. Now it needs to be a real specialty product to garner attention if priced above retail -...
I don't know if they surveyed actual home sellers, but if these stats demonstrate the current sentiment, it shows how critical it is to list a home at 'market price' vs. 'dream price'. An excerpt from this HW article: You’ve listed your home for sale, and no one is...
