Jim Duncan wrote “Should Sellers be More Patient?”
Should You Be Realistic or Just Lucky In This Real Estate Market?
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Category Archives: Home Selling
And The Tables Have Turned
Every day, I talk with people about buying and selling a house in the New River Valley. While the circumstances surrounding the event can be difficult sometimes – divorce, death, etc. – the topic comes really easily to me.
When’s the real estate window of opportunity closing?
I’d bet $.87 (I’m cheap frugal) that every week for the last few years I’ve been asked some variation of the same question:
What A Government Shutdown Means for Real Estate
All the talk, particularly this week, seems to be centered on whether or not the government is actually going to shutdown today as predicted. Well, that’s not entirely true – if you look at the timeline on my Facebook and Twitter feeds, who got voted off of American Idol might be public topic #1, but the government shutdown is a close second.
To Sell Your Home Now, Price It To Sell Now
Yesterday, I was meeting with potential sellers about putting their home on the market, and made the comment “price matters more than ever.”
What’s the List Price to Sale Price Ratio in the New River Valley
I was sifting through recently closed sales the other day and noticed a property that had sold for its list price. While I certainly don’t have a problem paying full price for a good deal, when I looked a little more closely I noticed that the list price had been dropped to the sales price … on the same day that the closing took place. Someone emailed me later that day and asked me what the typical home in the New River Valley sold for relative to it’s list price. Well, if I used the example of the house mentioned above, 100%. Every property that goes on the market sells for every dollar of the list price … but you and I know that’s probably not the case.
How’s the Market Since the Expiration of the HomeBuyer Tax Credit?
It’s inevitable – everyone wants to know how the real estate market in the New River Valley is. The truth is … so do I.
My Mistake – Here’s The Real Look at the New River Valley Real Estate Market
I’ve spent the morning working on Activity Reports for my listings – they’re a look at a very refined, specific price point for each listing, and shows what’s happened in the New River Valley market in that price point during the last month. One of the things I found interesting was just how different our market is right now. While the Activity Report looks at a very specific section of the market, I also wanted to know what real estate had been doing across the entire residential market … the numbers were surprising.
An Easy Way To Follow Real Estate Values In Your Area
You’re not moving anytime soon, sure, but everyone likes to know how well their neighborhood is retaining value, right?
No Flyers in the Flyer Box
When Natalie and I were looking for our first house, we did what most potential buyers do – we went online, searched various real estate websites, and flipped through a bunch of real estate ads that all looked the same. A little tiny box, with just a little bit of information about the house (maybe), and a big “Call me for all of your real estate needs” banner. Uhm … no. I want to search in the privacy of my own little bubble, surrounded by my thoughts and notes, sorting through all of my options.