Crystal Ball for 2024
With very few exceptions, the housing market begins every year with a question: what will this year’s housing market bring? The truth is that projecting beyond a few months enters one into the field of guessing, as there is no real estate Nostradamus. But there are data points (courtesy of the Cromford Report) that tell…
How To Get Less Money When You Sell Your House
Every day we field calls from sellers checking on what they can do to their home to increase the home’s value prior to sale. These questions center around improvements such as solar (we don’t recommend) painting (yes!) flooring and so on. Yet one of the biggest forfeitures of value is “to whom†and “how†we…
Where Buyer’s can Win
While sellers are gaining the upper hand in the marketplace this spring buying season, they don’t have power in all areas. Let’s evaluate where buyers are winning and losing. Relatively strong supplies (which give buyer’s potentially more bargaining power) currently exist in: Chandler –supplies have been rising since early March and are about at the…
Mixed Messages
It is understandable that both Buyers and Sellers (and if we are completely honest, most real estate agents) are scratching their heads as to the state of this market. We have listened to the sides argue we are in a “buyer’s marketâ€, no wait we are in a “seller’s marketâ€! The underlying fact is that…
Why Selling in a Balanced Market is actually Good
One of the most common questions that would-be sellers ask us is when is the best time to sell? The questions vary but generally sound something like this: “Isn’t it best to sell in a seller’s market?†“Now that the market has shifted to a balanced/slight buyer’s market isn’t that a horrible time to sell?