market conditiions new orleans for lease or sale: Putting a House on the Market? Consider it a First Date!
- 04/22/09 03:40 AM
Whenever my clients are about to place a home on the market, I tell them that "the first impression is the only impression most buyers will have". You wouldn't show up to a first date smelling like paint or covered in construction dust would you? Of course not. So, don't subject your home to the same embarrassment. When a buyer enters a home for the first time, they can't help but to make superficial judgments. It is only natural. So in preparation for selling a home, make sure all of the "T's" are crossed and "I's" are dotted to perfection. It … (0 comments)
market conditiions new orleans for lease or sale: Oh! What a cute baby buyer!
- 03/09/09 02:05 PM
Well, anyone who has been in the real estate business for at least the past five years have seen things turn a complete about-face. When I was first learning to survive in the harsh jungles of the real estate community, I was trained and drilled on three basic industry rules to keep my career from the jaws of some hungry carnivore: 1. Listing Appointments 2. Listing Appointments 3. and more Listing Appointments And, that is no exaggeration! My first year in the business, I might not have known the tax millage rate for a particular area but, I … (0 comments)
market conditiions new orleans for lease or sale: I'll Call It: The Bottom is Here!
- 02/18/09 06:00 AM
Recently, I have been pouring through market data for my area. And, I have noticed a few pleasant trends in the market. First, the number of listings that are expiring without a sale is down significantly along with the number of listings in general. Secondly, and perhaps most importantly, listing prices in the New Orleans Metropolitan Area have stabilized greatly in comparison to the rest of the nation the average difference between the original listing price and the final sales price is narrowing.
This can be interpreted in many ways. I believe that it is a positive for sellers' and … (4 comments)
market conditiions new orleans for lease or sale: National Real Estate Data
- 01/27/09 02:49 AM
It seems like every day that Real Estate industry data will be released on a nation-wide basis. Sometimes, it is NAR reporting existing home sales for the month. Other times, it is CNBC report anouncing "new home starts" for the fiscal quarter. And yet other times, it some "market report" from one obscure data-collection service, or another. But, what can really be taken from these so-called "industry-wide-snap-shots"? To the average homeowner, buyer, or seller the answer is simply, not much. These reports are based on information gathered on an extremely large sample size. This is normally to assure an accurate result … (0 comments)
market conditiions new orleans for lease or sale: The Power of the Word "OR".
- 01/05/09 02:39 PM
It is very rare that a two-letter word like "OR" is so powerful. On a recent trip to Miami, driving down the street, I came across sign after sign reading, "FOR SALE OR LEASE" As a broker, who represents clients closely, and often times gets to know them well or even become friends, I couldn't help but to feel so sorry for the owners. You see, that this little, seemingly unimportant word, "OR", represents a very very bad situation. These owners/sellers are in such a bad place financially that they would walk away from that piece of property anyway possible. The … (6 comments)
To all my associates and subscibers, HAPPY EASTER AND HAPPY PASSOVER!!!!
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