buyers: Do you do a thorough walk through before closing? - 03/07/08 10:08 PM
When I was new to real estate, I was sitting at the closing table when the buyer leaned over to tell me that at the walk through she had discovered that under the beautiful rug in the living room there was just plywood, yes plywood. This was such a shock to me. I think this was my second listing, the rest of the room had such beautiful flooring, it never crossed my mind that I should have looked under the rug. Thankfully the buyer was very nice and did not make a big deal about this.
I was thinking about this and I … (22 comments)
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buyers: Rhinebeck what did your real estate market look like in February? - 03/01/08 02:44 PM
With changing market conditions it is important to keep abreast of the real estate market if you are considering buying or selling a house this year. The market also affects other industries or services in a community.
So what did the Rhinebeck real estate market look like over the past four weeks?
Here is a snapshot.
Rhinebeck Village Hall
***********Data compiled from information obtained from Mid Hudson MLS system on 2/29/08
Author - Jennifer Fivelsdal - Keller williams Realty Team - 845-758-6842
… (7 comments)
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buyers: Red Hook NY Leap Day Real Estate Market Report - 02/29/08 08:28 PM
Only once every 4 years will I get the opportunity to issue a market report on February 29th. So Red Hook residents:
Did You Know? - There are presently 67 listings on the market. That's like having an entire year of inventory in February since the total sales last year was 66 units.
Town of Red Hook
AVG. list price DOM AVG Sq. Ft. AVG. $ per sq. ft.
53 Active $535,360 125 2560 $211
1 New $350,000 5 2600 $135
6 0ffers $411,167 196 2186 $188
7 Price change $428,829 117 2905 $148
1 in contract $119,000 69 1456 $182
3 Sold $439,333 375 3104 $142
Average sale price $407,667 with an … (6 comments)
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buyers: Real Estate Market Report For Dutchess County NY - November 2007 - 12/07/07 03:40 PM
Unlike previous months the Dutchess County Real Estate Market in November showed a drop in both the average and median selling price for single family detached homes. This is more in line with what I would expect to see considering all the price reduction I have observed on the Multiple Listing Systems. There was also a noticeable drop in the days on market for the properties that did sell; it fell below 100 days a 16.1% decrease. The trend still continued with inventory climbing and the number of sales declining.
Breakdown of the numbers for single family detached
Median Selling Price - $310,000 a decrease … (3 comments)
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buyers: Want to sell your house? It is all about access! - 09/15/07 08:52 AM
Want to sell you house? It is all about access!
In general the present real estate market is favoring the buyers. With this in mind some sellers are doing everything to get their property noticed. Yes, with high inventory the competition is fierce.
So I am still puzzled why some sellers although giving incentives and reducing the price of the listing will then restrict access to the property.
Do you think that if you have a restriction such as 48 hours notice before the property is shown that the buyers will wait around? No way! Look around, there are properties everywhere, you … (56 comments)
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buyers: Open House Realtors Not welcomed - 08/06/07 10:11 PM
Yesterday I went to look at a house which could be a future listing opportunity. On the way back I saw an open house sign at a townhouse community I had not had the opportunity to preview previously. There were several real estate signs so I was sure I would get to see a unit. Halfway into the complex, I saw another sign directing me to a specific unit. I parked the car and went to the door, rang the bell but no answer. A man approached me and apologised for not being there. I was sure he was a realtor. … (28 comments)
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buyers: Reality Check For Sellers This Spring - 03/04/07 11:39 AM
With high inventory and buyers taking their time this spring sellers will have to come to grips with the fact that they will have to do more to move their property.
Yes, seller, this is now A BUYER"S MARKET: The fact is, just like the stock market the real estate market has cycles. Many were fooled by the long period of price appreciation, a time when market analysis was thrown out the window, when you could simply slap a price on and the consumer would buy. Those days are over.
The econonic fact of supply and demand cannot … (7 comments)
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buyers: Thank You Buyers and Sellers - 02/27/07 01:20 PM
As realtors we tend to remember the deals that go bad or a client's lack of appreciation.
Yet if you think about it there are many more who show their appreciation; and to all those buyers and sellers I want to say, THANK YOU! You brighten my day and inspire me to carry on.
I reflected on this, this past week. You see, a couple I helped find a house three years ago had a realtor appreciation day. Yes they actually cooked me lunch. This couple is still happy with the house, the area, and the realtor.
The time we … (16 comments)
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buyers: Mr. Seller Please Stop Talking And Listen To Your Dutchess County Real Estate Agent - 12/29/06 09:40 AM
Today because the market is somewhat sluggish, some sellers are looking for someone to blame for their house not selling, and usually that someone is their agent.
So Mr. Seller has stepped in, he wants to be around when the house is being shown because he can point out all those extra features the incompetent realtor missed. He knows the house inside out.
Seller: Hey Mr. Buyer, if you have any questions just ask, see, I have all the receipts for every improvement I made in the last 10 years.
Buyer: Thank you Mr. Seller, so why are … (5 comments)
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