market: What you should be telling your sellers to get a price reduction - 08/24/08 03:54 PM
As I posted in "Time to Motivate your Sellers" in my local blog, the peak season for real estate is winding down. Sellers who are tempted to "wait until next year" need to be reminded about the effect of interest rate increases and REO inventory on prices.
Concern about inflation makes it … (12 comments)
market: Industry: Goodbye 2007, Hello 2008 - 01/01/08 11:19 PM
As we turn the page on a year many real estate professionals would prefer to forget, let's remember the lessons we learned in 2007 and carry them forward into 2008.Goodbye Retail, Hello BarterSellers who thought they could slap a price on their property and wait for a buyer to meet that … (12 comments)
market: Info: Making Sense Out Of Median Sale Prices - 12/28/07 03:13 AM
A couple of months ago, I posted Info: Understanding Averages and Medians which explained the reasons for using median instead of average when looking at sale price and DOM. It's also important to keep in mind that the median sale price can fluctuate due to changes in the mix of sales. For example, the … (4 comments)
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.
As I posted in "Time to Motivate your Sellers" in my local blog, the peak season for real estate is winding down. Sellers who are tempted to "wait until next year" need to be reminded about the effect of interest rate increases and REO inventory on prices. 
;)
;)
