Median home prices - steak and lobster
September 2nd, 2007While individual home values have declined 20% the median home price has only declined 5% - buyers are getting more home for their money.
Mortgage crunch continues
August 15th, 2007The mortgage crunch means buyers and sellers need to be more aware of who is funding their loan and whether the loan programs have changed since the application. It’s easy for lender problems to affect closings.
Higher Priced Homes Not Affected As Much By Market Change
June 27th, 2006The number of homes on the market has nearly tripled from a year ago. I’m often asked what caused the increase.
Priced Right? If Not, Don’t Expect To Sell!
April 11th, 2006One of my tips for sellers (in a buyer’s market) is to “price right”. What do I mean by this simple phrase? And why is pricing according to market conditions a difficult pill for some sellers to swallow?