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Blog entries tagged with "sellers market":
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I've had many people ask me what I think of our current housing market. Many are concerned whether now is the right time to Buy and/or Sell. When it comes to selling your home, my recommendation is to wait if you can comfortably afford to do so. The reason is that … (0 comments)
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In the Fox Cities area it's a Buyer's Market, unless you're selling and then it's a Seller's Market. What if you're doing both you ask, well....perhaps it's a wash. There's no question that of late the Real Estate Market has been volatile in many ways, a virtual roller-coaster if you will. So … (2 comments)
Are we at the bottom yet? This is a question that I am asked at least a couple times a month in the last year. Well I think we are very near and here is why.The lower priced homes are selling quicker and sometimes for full price on the ones that … (0 comments)
Some interesting news this week from the media, Zillow aggregating the county and averaging a 6% loss in value and Forbes showing that San Jose is the best Sellers’ market in the US. One wonders who to believe and that really depends on which of the San Jose markets we look … (0 comments)
Buyer Market~ Sellers Market= Someone getting an advantage??!!
Jim Crawford, a great Active Rainer from Atlanta, Georgia, recently wrote a post that piqued my curiosity! The post was entitled 'The Price Is Right' and spoke about the equilibrium that is achieved when buyer and seller both agree on price and terms and an Agreement of Sale is reached!
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MLS Residential Sales Post Solid First Quarter
MLS® residential sales increased 14.3 per cent to 713 units compared to last year’s first quarter sales of 624 units
January, February and March MLS® sales were 236, 238 and 239, respectively and were held back by a lack of active listings
Driven by … (0 comments)
Good news for those looking to sell their houses - Forbes magazine recently released its list of the top 10 cities in the US for home sellers, and Kansas City was ranked #5! Markets were scored along four different characteristics: job growth, amount of new construction, vacancy rates, and credit availability. … (10 comments)
We have all heard that real estate market conditions can vary on a very local level. I was recently surprised to see that for certain price ranges and neighborhoods in the Atlanta Metro Area we are actually in what many would consider a buyer's market by definition. The metric that is … (4 comments)
Overall the activity in the Triangle area real estate activity is picking up with more showings on existing listings and new listings popping up like spring flowers! I've heard many asking, in the Raleigh real estate market "is this a buyer's market" or "is this a seller's market". I have had … (0 comments)
You've heard it said that all real estate is "local" and it is. Down to the very street you live on. The law of Supply & Demand determines what type of market a city, a neighborhood and a house is experiencing. There's no doubt that many areas across the country are experiencing a buyer's … (1 comments)
I posted yesterday we were still in a buyers market, remember that's when there are more than 6 months of inventory to sell. There were so many contracts written over the weekend the absorption rate is now 5.79 months of homes, now it's a sellers market!! Don't be one of those people who are … (6 comments)
We are a country of consumers. When prices rise as with gasoline and other commodities, we don't like it because we are the buyers not the sellers. When prices begin to fall on occasion we feel better about making a purchase because this is a market we want - lower, descending prices for the … (1 comments)
It's been featured recently in USA Today and on CNN. None of the national doom and gloom real estate news applies here. So what is going on in Yakima, Washington?
Buyers market or Sellers market? If you're looking to upgade, it's both.Here's the question. If home prices drop by percentages and you have the ability to afford a larger payment, why not make a change? Lets say you live in a home with a value of $200K and your considering a $300K home while home … (0 comments)
This week I wrote more offers for short sale buyers in San Jose. My clients, who must be the nicest people on the planet, commented that they felt badly that I had to write so many offers to try to get them a house.Right then it struck me how very similar … (8 comments)
In Southeast Florida, with the over supply of choices, the pickens are fabulous for a Buyer. This Buyers market comes around every 10 - 12 years, WOW! That is not often enough for a Buyer to be in the drivers seat.Many Buyers have already taken the aggressive stance to move forward with a … (0 comments)
What do you do when you are confronted with a seller in a buyers market such as our current Metro Chicago market who does not seem to understand his home is not the Taj Majal and that in his area there have been 6 buyers in the last 2 months and … (3 comments)
We all knew it was coming, but now it is official; at least for the Single Family Market: We are in a Buyer's Market! I mentioned this previously, but we were never over 6 months of supply, we hovered just under that magical number, and hence, I rounded it upwards. But … (0 comments)
I have just finished reading an article in the Daily News regarding Home Sale in the San Fernando Valley, home sales tumbled to their lowest level since 1985, sales of single-family homes in the San Fernando Valley have dropped by 35 percent compared to the previous year, as fewer buyers qualified for … (0 comments)
What is your Market Strategy?Ben Kolkman, REALTORWhile the entire market looks one way, the market for each individual home is very different. Sometime hot, sometimes cold, the real estate market varies widely. The best way to get the most out of this transaction is to clearly define, and write out, your … (5 comments)
In the past I have written a blog on whether the Raleigh area was a buyer's market or a seller's market. When it posted we were currently a balanced market, which means buyers were about equal in number to sellers. Well things change and currently it is safe to say the … (1 comments)
Finally, a positive message for us to send to our clients...Are you getting as tired telling our clients and others, when will it end? When will things be good again? Well this article We've Hit Bottom -Hooray by Rich Levin is a good read and article to send on to those … (11 comments)
We have great interest rates and many homes to pick from now is the time to buy a home in Iowa. We also have an opportunity for the sellers to market their home at market value. How is the market in your area? … (2 comments)
As we continue to correct ourselves from a sellers market that lasted about three years, I'm finding in my conversations with potential buyers, and my interactions with both buyers and sellers, that one thing contributing to the stagnation of the current market is entitlement. 
How are your doing? Are you totally confused yet? Are we in a recession or will we be in one shortly? What type of recession will it be--hard or easy? Will the government come up with an economic stimulus package and if so what will it be? More $600 checks? Will … (6 comments)
The Market Absorption Rate is a theoretical means of measuring where the market is - are we in a buyers, or sellers market?As of today January 6th, there are 94 Residential Homes for sale in Londonderry, NH.For the month of December 8 Residential Homes sold in Londonderry, NH.So, taking the 1 … (0 comments)
I am a relative newbie to active rain but I have blogged on several occasions about the down market we are experiencing in Michigan. Auto industry woes, exodus of other major employers, the news just keeps hitting us one wave after another. Yet we hang in there, many of us, knowing … (6 comments)
As of December 6, 2007 21% of available listings in Larkspur are in escrow. This quaint little town is bucking all the trends -- and I can see why. I love this town!
Lately is seems my posts are including lists. I guess that is they way my thoughts have been flowing recently.
Every time I pick up the paper or turn on the evening news there is a story about the Housing market or as the news likes to put it the troubled housing market. As a realtor I think the hardest part of my job right now is dispelling myths and rumors. … (2 comments)
Keller Williams Realty is now home to over 94 of the top realtors in Alaska and is open for business in the Key Bank Building at 101 West Benson Blvd. Suite 503 on the top floor. After returning from the KW Mastermind event in Austin, Texas, which is a gathering … (0 comments)
These two terms to describe market conditions are used loosely in the real estate industry. Many people don't know exactly what determines whether a market is leaning towards being a buyer's or seller's market. Don't be alarmed, because many Realtors don't exactly know what this means either. A "buyer's market" is simply … (2 comments)
Are you looking for a good deal that may even be a GOZONE property for you? If you are, I am happy to help you. Every week I look at what is selling and what has been reduced. So far 20% of the properties that I have sent to my clients … (0 comments)
Is Lubbock Texas a Sellers Market or Buyers Market? Well, it depends who you talk to and what part of Lubbock. Which neighborhood? Which school district? What price range? What age range? These are all questions to ask. One neighborhood may be a big buyers market while the next neighborhood a strong … (0 comments)
Several years ago, while listening to a radio program, the term spin master was used. Cannot believe, today, that I did not know the meaning. When I first heard it I asked a friend, who was in local radio, if she knew the meaning; her reply was that she had not.
We continue to see home prices drop every quarter and this can be linked to a couple key items:
In My Opinion... Hello, from Asheville's Home Team and Keller Williams Realty, located in beautiful, downtown Asheville, North Carolina! As a service to clients and the public in general, we have decided to provide you with an inside look at real estate today and the major issues facing sellers, buyers, and even … (0 comments)
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"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 … (0 comments)
Whether you should be buying a home now, or whether you should be waiting is a very important question that most potential home owners ask themselves. If you're in the market to buy a home - is now a good time to buy or will houses continue to drop in price? … (0 comments)
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Do you realize you have a choice?You may think the first person you talk to you are obligated to but not so. Especially in this market. If you are a buyer, find a realtor who is going to look after your best interests. One who is willing to input the time. … (0 comments)
Thinking of selling your home but not sure if now is the “right time?” Talk to me for sound advice on when to sell your home in the least amount of time for the best possible price. First I will help you examine your reasons for wanting to sell. The most … (2 comments)
A Buyers or Sellers Market 
Last week I did an analysis of the current Natick Real Estate Market. One of the items on that analysis was the number of Active Single Family homes on the market in Natick. The number was 126. So I thought it would be interesting to take a look at what that number … (1 comments)
I had a buyer, who was in the middle of getting ready to sign a contract, see Jim Cramer's show and panic. Here is how I responded to her. I think it is important for all Realtors to take back and own the market data on their individual markets. Jim Cramer … (0 comments)
Failure To Maximize Your Home's Appeal In This Market Is A Losing Proposition For All Involved.There simply too many other options! Buyer's will turn up their nose and keep going. I really believe that selling property is a joint effort. As a REALTOR®, I cannot afford to invest my time, efforts and financial resources … (2 comments)
I stopped at the Pottery Barn this morning -- I can't seem to stay OUT of that store!! Because I wear my badge these days almost everywhere, I'm easily recognizable as a real estate agent. The Pottery Barn sales clerk, staring at my name badge asked, "So, how's the market? Pretty … (8 comments)
The prospect of selling your home can be scary, even in a good market. Selling usually is inconvenient, stressful, frustrating and humbling. The more prepared you are, the less overwhelming the selling process will be. The first thing you need as a seller is education. If you are selling because of … (8 comments)
Belmont sits between San Mateo and San Carlos in the hills above El Camino Real. It's the kind of town one either loves or hates because of it's unique homes. They vary from small former summer cottages to huge mansions and these home can reside on the same street and block. … (0 comments)
One of my favorite cousins and clients is a handsome young Secret Service agent. An important part of his defensive driving training was learning to do a 180 degree turn in every imaginable vehicle, from a Hummer to a stretch limousine. And I've been thinking that this is a good skill … (6 comments)
Just a little food for thought: FOLLOW THE MONEY!In a Seller's Market, listing is the name of the game. In a Buyer's Market, selling is the name of the game. It's as simple as that. A Buyer's Market, like we're experiencing today, is a good time for agents to target renters, investors, relocation... for … (25 comments)
First off, what a ride! 2004 and 2005 were unlike any years I've ever seen before in the Phoenix Metro real estate market. Thank goodness it has slowed... but wait, before you get too upset with me - hear me out.Fountain Hills ArizonaReal Estate BoomWhile the boom was great, it had … (10 comments)
Yes. That is the short answer! Of course they are confused, I am in the market and I am confused!If you are in this 2007 market, are you confused?!Now that every client client that comes to me ask the same questions...well more like "Question". What is going on in the real … (5 comments)
This was inspired by my last blog, Confessions of a Realtor- As a buyer I couldn't take the plunge. My husband & I after 3 years of looking for a vacation home in Fl found the home that had everything we wanted & then some. When it came down to negotiating we … (5 comments)
All across the nation, buyers have been waiting with bated breath for a change in the real estate market. For many years the national market has been a seller's market. That is; that there were more buyers then there were sellers so home sellers could ask top dollar for their homes … (0 comments)
Reading the newspapers and watching television, one believes that the whole country is in the midst of a housing slump. While sales and prices are down on a national level, it is important to realize that real estate values and real estate sales are indeed very local in nature. This holds … (1 comments)
At about 1:00 PM I read the lastest economic report filed on MSNBC.com with quotes from economists, Realtors (probably NAR but they just said Realtor) and even a mention of the Federal Reserve all pointing fingers at the possibility that we are either heading for a soft landing in the housing … (5 comments)
Selling a home in Atlanta? What is the right price to list your home at? Setting a home's listing price is key to selling in this current real estate market. You have to choose the right price! Sometimes it is a catch 22 of trying to educate a seller and a … (6 comments)
A few months ago I had clients from the East Coast impatiently looking for a home. They had been in a rental for close to a year and we were pretty much at the end of our rope, well I was anyway. I had them set up on automatic MLS alerts. … (15 comments)
What a day............ I am suppose to close on a house on Tuesday, the offer was non-contingent. This morning I got a call from the Buyers Agent that the house 3 levels down didn't close. WHAT????????The buyer of the lake house living in Chicago, didn't show up to closing to sign … (31 comments)
Who cares? You should (if you are considering buying or selling a home, that is). The percentage of homes in escrow is a very telling indicator regarding the state of the market. For example, a couple of years ago, certain parts of Marin County experienced an "Extreme Sellers Market" with over 55% of homes in escrow at any given … (0 comments)
...we are in a buyer's market. By the law of supply and demand, we are in a buyer's market. There is more inventory than ready, willing and able buyers in the market. BUT it also depends WHERE you are. Each community and each neighborhood is different. Each has their own feel … (1 comments)
I wanted to share this article I read (and replied to via e-mail) in our Local Community Monthly Newspaper "The Bright Side" written by Laura Ann Hart of RE/MAX Unlimited, entitled "Appraisal Gone Bad...."This month, I would like to share with you a story about one of my real estate transactions. Earlier this year I … (3 comments)
Does it really matter in the grand scheme if it's a buyer's market or a seller's market?
As you are probably aware, the real estate market has changed. However, it's nothing to be puzzled about. It's a basic lesson in Economics, the demand is low with fewer buyers looking for homes, and the supply is high with an influx in inventory. The approaching spring time is going to … (0 comments)
BUYER'S MARKET!! Don't you think this is the best time right now to purchase a home whether it is the first time or not.? There are so many homes out there now that you can get the choice of what you want at a good price. If you are looking to … (15 comments)
Glendale, the Jewel City, is really getting a buffing. Like neighboring cities, Glendale is following the trend of a more "normal" market. The question is, who can remember what "normal" is anymore. Let's examine some key statistics and see if we can separate fact from fiction.
The news about the real estate market is not that great. But on the flip side mortgage rates are still conducive for buying. People with marginal credit can no longer obtain 100% financing or loans which were sometimes considered predatory. The good news is there are programs that assist the purchaser with down-payment … (0 comments)
Could you be missing a chance to be of service to your clients if you ignore the fact that this is the time to buy (Buyers Market)? Most families have some members who have not gotten into the housing market because of the high housing prices. With the correction in the … (7 comments)
I hear the news, and I know what everyone thinks. I have heard that it's a horrible market, and there is no point in trying to sell your house right now.So I'm using this blog to plea with a few of you, and point out to a few of you the … (0 comments)
Tampa,Fl June 20,2007.
As a real estate agent in Knoxville, TN, I have not seen a dramatic difference in the real estate market. Folks are still wanting to sell and folks are still wanting to buy. There has been a difference in the amount of mortgages allowed due to the subprime lending etc., however, … (8 comments)
Friday's Salt Lake Tribune (6/1/07) ran a front page article titled: "Utah's red-hot home market may not last". If you were already confused about the current market, this headline probably didn't help. The article basically said that the Utah Real Estate market is currently the hottest in the country, but that … (4 comments)