Sales this October are way up. Prices are way down.
Single Family Home Sales Year to Year Comparison by Price Range. When comparing single family homes sales by price range for October 2007 to October 2008, homes sales have boomed in the under $200,000 price range. Home sales in every other category have declined. Special thanks to Fletcher Wilcox of Grand Canyon Title Agency…
A Little Appraisal Humor
Your house as seen by: Just kidding. Really. But I hope you enjoyed seeing it. 🙂
Home Values Have Been Going Up and Down Forever
Our grandparents and their grandparents have all seen this movie before. It only seems new. Thanks to Benn Rosales of AgentGenius for finding this jewel.
2008 Coldwell Banker Home Price Comparison Index
Most Expensive 2008 Avg. Sales Price Most Affordable 2008 Avg. Sales Price 1 La Jolla, CA $1,841,667 Sioux City, IA $133,459 2 Greenwich, CT $1,787,000 Jackson, MI $134,325 3 Beverly Hills, CA $1,777,475 Akron, OH $135,780 4 Palo Alto, CA $1,740,333 Canton, OH $139,667 5 Santa Monica, CA $1,653,333…
Window of Opportunity?
Would you be better off if you waited a bit for the market to “hit bottom”? Or is now is now a good time to buy? It depends. It depends on several factors: do you need a home now? Can you comfortably wait? How you will know the bottom happened? What if interest rates went…
Which House Wins the Gold Medal?
xxxxxxxxxxx If you are a buyer the correct answer (simple version) is the one that gives you the most bang for your buck. Based on what you wanted and needed (location, school district, price range, number of bedrooms, number of covered parking spaces, etc.) You would first sit down and figure out what was…
The Homeowner Rescue Bill Rescues Fannie and Freddie Investors.
The Homeowner Rescue Bill Rescues Fannie and Freddie Investors. I don’t see any other groups being rescued. Normally I don’t find it difficult to disagree with President George W. Bush about pretty much everything (save the curvature of the earth and that humans should breathe oxygen). This time it is different. Bush had to have…
Step Into the Limelight
You’re a seller in today’s market. What does it take to get your house noticed with all the other houses out there for sale? Short answer? The very same thing it takes in any market. Or sure, in the market we had three years ago the average busboy or cab driver could have sold a…
Pictures Worth More than a 1,000 Words
click here to see them.
A Tale of Two Markets Revisited
“It was the best of times, it was the worst of times…” so begins the novel a Tale of Two Cities, As we mentioned a couple of months ago, in the case of Phoenix area real estate it is the tale of two markets: homes under $350,000 in sales price and homes above the $350,000…