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selling real estate: Are Days On Market About To Double?
- 09/18/10 03:27 AM
Are Days On Market About To Double? CoreLogic analysts said Thursday that the majority of the 3.3 million delinquent mortgages will end in foreclosure and that will drive down prices before year-end.CoreLogic also predicted that the additional inventory of foreclosed homes could double the time to sell from the current 11-month average.The analysts also said the "Given that the tax credit simply pulled demand forward, the distressed share is expected to rise ... during the fall, when non-distressed seasonal sales begin to decline." … (2 comments)
selling real estate: Reasons Vacant Homes Are a Tough Sell
- 04/15/10 08:56 AM
Reasons Vacant Homes Are a Tough Sell The argument for staging a house to get it ready for sale is largely based on what are perceived as the shortcomings of vacant, or unstaged, properties. For one, advocates of the staging process say a vacant home distracts would-be buyers from focusing on the actual real estate. Instead, they allow themselves to speculate on the possible reasons the house is on the market - divorce, financial straits, and other scenarios - as well as on any defects the property may have. Small flaws, like nail holes and worn carpeting, are much more noticeable … (4 comments)
selling real estate: 'Speed Decorating' Quickly Improves Property
- 03/21/10 06:36 AM
'Speed Decorating' Quickly Improves Property Anyone planning to sell a home might be advised to read Jill Vegas' Speed Decorating." Vegas explains how to redecorate at minimum cost and maximum speed. "Speed decorating," she says, "is not about calling in contractors; it's about looking at a room and thinking about what you can do in a couple of hours, a week, to make it better." Vegas offers these tips for anyone who needs to do a little high impact, low cost upgrading: Clear out the clutter Clean and repaint Define the function of each room and then place furniture to accentuate … (0 comments)
selling real estate: Tips for Boomers: Benefits of Downsizing
- 03/21/10 06:32 AM
Tips for Boomers: Benefits of Downsizing For anyone approaching retirement, now could be a great time to move. Here are some tips for Boomers considering downsizing: Don't miss out on the $6,500 move-up tax credit. Consider a short-distance move if it provides savings and convenience. Anyone moving out of state should figure the tax consequences in their new location. Consider a property that offers features allowing Boomers to age gracefully. Think about sharing space with a younger (or older) family member. Insist on good security in the new property. Look for homes that don't require a lot of maintenance. Go green. … (1 comments)
selling real estate: Fewer Sellers Are Cutting Prices
- 03/12/10 12:27 AM
Fewer Sellers Are Cutting Prices The prices on 19 percent of homes for sale as of March 1st have been reduced at least once, the lowest percentage in the last year, according to Trulia.com. In October and November, when the market was feeling the effect of the tax credit, 26 percent of sellers cut their asking prices. "Better pricing is leading to less time on the market, less price reduction, and in a lot of markets we're starting to see bidding wars on lower end properties," said Ken Shuman, spokesperson for Trulia. Trulia calculates that these U.S. cities experienced the biggest … (2 comments)
selling real estate: 4 Reasons to Sell Now
- 02/09/10 02:10 AM
4 Reasons to Sell Now Selling a property in this tough market can seem like a challenge. Here are four factors that actually make this a good time to post a For-Sale sign. Sell low and buy low. Because all property values are down, the loss on the property a home owner sells is really only a paper loss because the next property he buys also will be a bargain. If he buys smartly, when prices come back up in a few years, he'll be in better shape. Down-payment help is widely available. While nothing-down loans have disappeared, it is easy … (4 comments)
selling real estate: Pending Home Sales Continue to Rise
- 11/02/09 11:15 PM
Pending Home Sales Continue to Rise Pending home sales rose again, marking eight consecutive monthly gains - the longest streak since measurement began in 2001, according to the National Association of REALTORS®. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in August, and is 21.2 percent higher than September 2008 when it stood at 90.9. The gain from a year ago is the largest annual increase on record, and the index is at the highest level since December 2006 when it was 112.8. Lawrence Yun, … (0 comments)
Should you sell Woodbury Real Estate in 2010? View these numbers to see. 
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