I only put this on here because I want you to learn with me, side-by-side. I spent a couple of bucks on a Facebook ad, and got 812 clicks. Buyers are interested! There is a demand right below the surface, and a property that looks under market will get hundreds of...
Thinking of Selling?
Inventory Watch
Now that the media is trumpeting a slower housing market every day, you'd think there might be more sellers hitting the panic button and listing their house for sale this year, rather than wait for the Glut of 2019. But this week, the number of new listings dropped...
Record Number of Price Cuts
Though Manhattan has been a buyers' market for two years, let's take these with a grain of salt - the slowdown is due to the highlighted sentence in the last paragraph. Hat tip to GW for sending this in: New York City’s home sellers, tired of waiting for buyers,...
The Reality of iBuyers
The ibuyer is the sexy new shiny object in the real estate game. While the idea of a quick and easy sale sounds great, the reality is already much different - and, as the market transitions, their quotes and repair costs should get more conservative (and home sellers...
Typical Home Seller?
Hat tip to Kerry for sending in the latest on the Oracle's house in Emerald Bay. The listing has run a typical path - while ignoring the current condition of the home, and able to make gobs of profit at half the price (the original $11M list price was 7233% above...
Quick Kitchen Updates
Sellers need to do more updating and improving to get their home sold these days, but you don't want to go crazy. Here are a few quick ideas from Bob Vila: 10 Kitchen Updates You Can Do in a Day You don't have to live with your ugly cabinets one minute longer! There...
Should Buyers Wait?
Should buyers wait a while to see what happens to the housing market? Are we just seeing the usual end-of-selling-season malaise when where all of the motivated sellers have succeeded, and just the OPTs are stacking up? Or has the market shifted.....for good? Is this...
List-Price Increments
We see people changing their price by $1,000 or $5,000, and it makes you wonder what they are doing. They can't actually believe that it will do any good, can they? Here's why they do it. Realtors tend to live off their MLS hotsheet, which is the day's summary...
Sell Your Home Now, or Later?
So you've heard that the market is a little uncertain right now, and you're wondering if you should just wait a year or two before selling your residence. If you don't mind keeping the home forever, then fine, the value will probably go up in the long run. But if...
Sellers Get A Vote
Here's a specific example of market activity on the street, and the important question - will sellers sell for what the market will bear?