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...
Thinking of Selling?
Why Sell Early
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...
Housing Costs and the Future
In the last video, the presenter speculated that prices could go up 700% by year 2027, which would make homeownership all but impossible for regular folks. Prices seem likely to rise over the long-term - what could keep a throttle on their gains? Building more homes...
Prices to Continue Skyward?
I don't know anything about this guy, but here is a presentation on the trends of real estate over time - and why we will see the upward price trajectory continue. He has a couple of other related videos too; look for them linked at the end of this 'tube:
Mortgage Rates 2015
With the Fed announcing the end of QE, the next concern is when they will start raising rates. Mortgage rates are only indirectly tied to any move the Fed might make - which usually means that mortgage rates will start inching up in advance. Here is a quote from...
Who’s Selling?
Yesterday we wondered if there was a possible threat of a baby-boomer liquidation sale in the coming years, and we had a load of comments - thanks for participating!. Can we get a feel for what's happening now? Here's a check of the 67 NSDCC houses that have sold...
Be Sharper on Price
Nobody is dumping on price - just be reasonable. From the ocregister.com http://www.ocregister.com/articles/price-637201-home-percent.html Thomas and Wendy Lari made a pact. Thomas wanted to rent out their old home. Wendy wanted to sell it so they’d have money to fix...
How Homes Are Sold
The purchase of Move, Inc. by News Corp could bring more change to how homes are sold in America. Last summer, I described on camera how our market is moving towards a single-agency format, and have been mumbling about it ever since. By the time the movie comes out,...
Wholesale-To-Retail Spread
Are you thinking of selling your home, and wondering how to go about it? How you sell your house has an impact on the price, which is driven by the comfort level of the buyer. There is typically as much as a 10% swing in pricing within the same neighborhood,...
More on the Wait-It-Out Plan
I just noticed this article from Friday's latimes.com: http://www.latimes.com/business/realestate/la-fi-home-prices-20140912-story.html An excerpt: Silva said some of his clients are receptive to the idea of cutting prices to sell their homes. But some sellers --...