Recession talk is back in the headlines, which will liven up the debate about when to sell the house. If you are thinking of selling, consider the items that are closer to home which would not only have a direct impact on your success of getting top dollar, but be...
Thinking of Selling?
Repair Requests
The C.A.R. purchase contract designates a 17-day contingency period. This enables the buyers to conduct investigations about the subject property and review all pertinent information about what they are buying. It also allows time for the appraisal and loan approval...
Around CV
Some examples of closed sales since June 1st around Carmel Valley, 92130. These averaged $330/sf, which is about what we've come to expect. There is likely to be more variance in the coming months and years - get good help!
Upscale Video for Real Estate
Video marketing and home-selling are such a natural pairing that I am baffled why we don't see more decent video tours. Perhaps it needs to start at the top? As the genre develops, I think we will see more glossy looks and story lines, plus plenty of lingerie! Check...
Big-Money Competition
Thanks to reader "interesting" for passing this along yesterday, from bloomberg.com: Blackstone Group LP, the biggest buyer of U.S. commercial real estate since prices bottomed, is jumping into residential property as housing recovers. The private-equity firm has...
“Rising Prices” and Reality
From HW: Home prices have found their floor for the most part and are even trending upward in certain markets, said Paul Diggle, property economist for Capital Economics. Diggle said seasonal adjustments along with a high level of distressed home sales could be giving...
Carmel Valley’s Spring Kick
We have an unusually low amount of homes for sale (blue line) during the prime selling season - last year we had almost twice as many houses for sale, then we have currently. I think it is part of the precision in the marketplace. Any seller who prices reasonably -...
Blistering Hot For Some
For those who are casually observing, it is tough to fully grasp the frenzy-like market activity that has been on-going this year. It seems to intensify each week, as buyers gravitate to each new listing and quickly examine its worth. If all you see is a listing go...
Death-Tax Inventory?
For the elderly who have assets in the $1,000,000 to $5,000,000 million range, you should consider selling your house before the end of this year. The death tax (a.k.a., the federal estate tax) is a tax applied to the transfer of a person’s assets at death. It is...
Negative Equity & Higher Prices
They got us right where they want us. From HW: The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic. The national supply of unsold homes dropped to 6.5 months...