Interest Rates & Market Update
November 21, 2009 by Joel · Leave a Comment
(November 2009 Update)
Since home sales and home values are so closely tied to the cost of borrowing money, we thought we would focus some attention on current interest rates, along with the general Real Estate related topics we usually discuss.
The cost of borrowing money to finance home purchases are currently at very low rates. 30 [...]
Reality Check
November 25, 2007 by Joel · Leave a Comment
Most of the headlines in print media for the past two years have announced the decline and demise of the housing market. Broadcast media has jumped on the same bandwagon and leads most broadcasts with endless predictions of dire straits for the home sellers. As usual, the conventional wisdom of the media is not wisdom [...]
Pricing a home for sale: More of an art than a science
November 25, 2007 by Cindy · Leave a Comment
Last week I was working with a client who is preparing to put his home on the market. I met with my sellers, reviewed all the recent sales data including the recent “solds” and homes just under contract, “pendings”.
The analysis indicated market value of their home to be around $950k (price per square foot, condition [...]