Ruth's Blog - Archives July, 2006

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Marketing 101 (Let's start with pricing!) - 07/24/06 10:08 PM

When the market shifts downward, we must look at every aspect of pricing again. We all know that pricing a house because "that is what they needed" or "this is what they wanted" has been the normal during the "hot" sellers' market we have had in the past few years. And, … (1 comments)

CCCChhhhanges...... - 07/21/06 05:46 PM

Like the saying goes: "The only thing in this world which is constant is change". Having begun my career when everyone else had already left (in 1984), I know what it is like to try to sell listings which are not shown. One of the things I remember about that time … (3 comments)

- 07/07/06 08:05 PM

Buyers who are waiting for prices to go down may be in for a shock when they finally arrange their financing! If interest rates raise from 6 to 8 per cent, for every $100000 borrowed the loan amount must be reduced by $17000 to make the same payment. In other words, … (0 comments)

Real Estate Bubble. Topic #1 - 07/06/06 10:30 PM

In the Southeastern Florida area, Dade, Broward and Palm Beach counties, we are in a holding pattern with our "bubble." The prices are remaining about the same as those of April or May of 2005, but the number of homes on the market is increasing dramatically. The sellers are afraid that they … (0 comments)

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