From the category archives:

Pricing

It’s the Economy, Stupid!

August 12, 2010

The original thinking was that the economy wouldn’t come back until there was a recovery in the housing market. It now seems that most experts are saying that there will be no recovery in the housing sector until our economy comes back. More specifically not until we begin creating jobs. But, when will that actually [...]

Read full article →

What Makes a Real Estate Professional?

August 9, 2010

People often ask us how they should determine with whom they should list their house. Aren’t real estate agents really all the same? Don’t they all do the same thing? Shouldn’t I just hire the one that charges me the lowest commission rate? The answer to each of these questions is NO! In any other [...]

Read full article →

Supply Goes Up, Prices Come Down. It’s that Simple

August 3, 2010

The big question in real estate is what will happen with home prices over the next few months. The experts have already weighed-in predicting prices will probably take another dip down. The reasoning? Put simply, the inventory of homes on the market is greater than the demand for housing. Demand will remain stable at best. [...]

Read full article →

Sell Now or Wait? What the Experts Are Saying

July 30, 2010

More and more homeowners are questioning whether they should keep their homes on the market or wait until next year to sell. The thinking obviously is that next year the market will be better and therefore they will be able to garner a higher price. But, is that true? Is there any evidence that the [...]

Read full article →

What Will My House Be Worth Next Month?

July 21, 2010

We always want to make sure that we get at least a fair price for anything we are selling. Truth be told, we hope we get top dollar and would not be upset if a buyer was willing to pay a premium above that. The same dynamics come into place when we are selling a [...]

Read full article →

A Closer Look at Home Pricing Indexes

July 20, 2010

You might think that home values are on the rise if you read the headlines this week. It seems that almost every home pricing index is showing an increase over prices last year: The latest S&P Case Shiller Index showed a year-over-year increase of 3.8% Core Logic put the number at +2.6% The RPX index [...]

Read full article →

Are Home Prices Actually Increasing?

July 19, 2010

There is much euphoria about housing prices based on the last month’s data. Almost every pricing index has shown an increase over previous prices. The news looks very encouraging. Many media sources have reported that perhaps we have hit bottom regarding prices and are now headed in a more positive direction. I wish that was [...]

Read full article →

One More Reason Given for Not Buying a Home

July 7, 2010

We have been addressing some of the more questionable reasons people give for not buying a house each Wednesday. Three weeks ago, we covered Dumb Reason #1: Real Estate is no longer a good investment. Two weeks ago, we covered Dumb Reason #2: Renters are happier than homeowners. Last week, we covered Dumb Reason #3: Limited [...]

Read full article →

Job Creation: Only Solution for a Housing Recovery

June 21, 2010

The government has tried many stimulus programs to re-energize housing. They attempted to kick-start demand by offering the First Time Home Buyers Tax Credit and they did have some success originally. They extended the program and added a provision for move-up buyers also. Even the government admits that the extension may not have increased demand [...]

Read full article →

The Post Tax Credit Housing Market (Part 2)

June 14, 2010

What will housing demand look like for the rest of 2010? It has been an interesting six weeks since the last of the government programs for buyers, the Home Buyer Tax Credit, has expired. Demand has slowed down but has not come to the screeching halt some had expected. The million dollar question is ‘What [...]

Read full article →

← Previous Entries

Next Entries →