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buyers market: Real Estate: It's time to buy again! - 03/30/11 09:22 AM
Finally some good news on the horizon! Fortune Magazine's Editor-At-Large, Shawn Tully, published an article that explains today's market, how we got here, and where it's going. In a nutshell, NOW is the time to buy because the market is in a state of correction and before too long, prices will again begin to rise.
As he states in his article, "Forget stocks. Don't bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing."
While the market value of homes across the nation are still very low compared to that of a … (0 comments)
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buyers market: Selling a house in a buyer's market - 05/29/08 11:27 AM
Selling a house in a buyers market Ray Martin Suggests Strategies Offered By Real Estate Pros
as seen on CBS New York, May 22, 2008. … (0 comments)
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buyers market: Jump-Start Your Home's Heart! - 03/31/08 01:25 PM
As a seller in the current real estate climate (or any market, for that matter), you know that your home's features must stand out against those of the competition. First you need to understand what buyers are looking for, and then you must decide how much money and elbow grease to invest to make those wishes come true.
History shows that the kitchen is the best place to make your impression, and it can be done for less than a king's ransom. Got old linoleum, vinyl or chipped tiles on your kitchen floor? You can install laminate that looks like new … (0 comments)
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buyers market: Back to Basics... - 12/10/07 02:51 PM
Okay, it's time to return to Real Estate 101. With so much gloom and doom reported, our successful sale stories are being pushed aside by national reports of overstocked inventories and reluctant buyers. Blaming slow sales on "the market" is just an excuse. There is only one reason that homes remain unsold: they are overpriced.
For many sellers, this lesson is only learned after it's too late, resulting in frustration and finger pointing. Let's try to put the record straight. Many markets experienced extremely high levels of activity over the last few years. Inventories adjust as the number of eager and … (0 comments)
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buyers market: Don't Fail This Test!! - 11/05/07 09:58 AM
Many homeowners are growing increasingly concerned about the emerging "buyers market." The biggest mistake a seller can make is to overprice the home in those circumstances. Trying a higher asking price in order to "test the market" can be disastrous, because by the time the seller adjusts his price down, the home has become "old inventory." At that point, buyers often overlook the older listings, assuming something is amiss regarding the price or the condition.
The goal of every seller should be to get a deal within the first few weeks of listing, when the property is "fresh" and buyers will … (0 comments)
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buyers market: A Balancing Act - 11/05/07 09:44 AM
"Buyers market." "Sellers market." What does it all mean when you find yourself ready to buy or sell a home?
The basic concept behind a "buyers market" is that there are more houses or residential properties for sale in your community than there are buyers qualified to make a purchase. This creates increased competition among the sellers for those fewer buyers, and can put the buyers in the "driver's seat" when it comes to negotiation.
It logically follows that a "sellers market" happens when there are more prospective buyers than there are homes for sale. Now it is the buyers who … (0 comments)
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Michael Sinton, CRB, CRS, SFR, e-Pro
Jackson,
NJ
More about me…
Weichert Realtors
Address: 2110 West County Line Road, Jackson, NJ, 08527
Office Phone: (732) 370-4664
Cell Phone: (732) 904-3236
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