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....
A year ago, I guessed our NSDCC sales would be down at least 5% in 2018, and it looks like it will be closer to -10%. While I'm confident that sellers will refuse to lower their price expectations much in 2019, I doubt that home buyers will just go along as they have...
Our open house went well and people appreciate seeing the old-Spanish style in a home of this size - there's a lot to take in! We're feeling it!
Corelogic reported September sales yesterday, and Doom-Doom Diana rejoiced. She wrote an article with the headline 'Southern California suffers its worst housing slump in over a decade', and reported that sales were down 18%. Then she tweeted the article with the...
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...
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...
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 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...
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...
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...
