Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Why Sellers Must Understand Changes in the Sharon MA Real Estate Market
At the end of February 2013, I reported that we had a Sellers' Market in Sharon MA with an overall absorption rate of 2.5 months. Now, we are almost at the end of April and the overall absorption rate has changed to 4 months. What's happened to cause that change?
Absorption Rate is defined as the amount of time it will take to sell the current inventory of homes if no new listings come on the market. We can talk about the overall absorption rate for a particular real estate market, ie: Sharon. However, it's critical for homeowners who are thinking of selling their home to understand the absorption rate for their specific price range.
Here is a chart that shows the Absorption Rate and the Rate of Home Sales in Sharon MA since January 1, 2013.
Most of these price ranges are experiencing a Seller's Market. That is, there is more demand that inventory. You can see that in the price ranges where the Absorption Rate is less than 5 months. In fact, homes that are priced appropriately in the $300K and $400K price range have been receiving multiple offers the first day they are on the market. You can see that one home is sold every 10 to 14 days, respectively, in these price ranges.
When the Absorption Rate reaches 5 to 6 months it is usually considered a "balanced market". The amount of inventory is about equal to the demand for these homes.
Once the Absorption Rate is over 6 months, it becomes a Buyer's Market. This means there is more inventory than there is demand for houses in this price range. Since there is less competition, buyers can take longer to look at all the homes available in the price range and compare their features and upgrades carefully before making a decision.
In the chart above, I have highlighted in red the prices ranges that reflect a Buyer's Market. Since February, we've had a significant jump in the number of homes listed for sale in Sharon MA in the $300K, $600K and $800K price ranges. The homes in the $600K and $800K ranges are selling at a slower rate. This has increased the combined Absorption Rate when we look at all the price ranges together.
If you are selling a home in one of these price ranges, it is even more important that your house is priced correctly to sell.You'll want to make sure that your home stands out from the competition and that buyers can easily find out about your house through their internet search.
Look at the 3 homes currently for sale in Sharon MA that are priced between $800,000 and $899,000. One home in this price range is sold every 111 days. That means that if your house is not priced correctly for what it offers, your home may be the house that is sold after 222 or even 333 days on the market. Remember, the longer a home sits on the market the lower its sale price.
The good news is that the average sales price has increased by 4% since the end of February. How do you find out what the correct price is for your home? Call Nina Rogoff at 781-883-3764 for a complimentary market analysis of your home. If you have questions about Absorption Rate, please call or email me at firstname.lastname@example.org.
When you're ready to get your home sold,
Call me for a FREE Market Analysis of your home!
RE/MAX Executive Realty
The Brand You Know. The REALTOR® You Can Count On!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.