David's Blog

  Below is information on the sales history of homes sold in Sheryl Manor showing the average sold price, the number of homes sold and the average days on market (DOM).Year             Average Sold Price                Number of Homes Sold                           DOM 2003                   $139...

  The local MLS reported the sale of 2763 64thSt N for $213,000 on 04/01/2008. This is a 1492 square foot 3 bedroom, 2 bath, 1 car garage home. There is one home currently under contract in the neighborhood. There are currently 23 homes listed on the local MLS for sale in Holiday Park ranging in ...

    Two homes came on the market this week in Sheryl Manor. There are six homes currently under contract in the neighborhood. There are 21 homes listed on the local MLS for sale in Sheryl Manor ranging in price from $144,500 to $299,900. Pictured below are some of the homes for sale in Sheryl Man...

                                        Today's Real Estate Term is Gentrification   Gentrification is the renovation of deteriorated urban neighborhoods by middle and upper income people which typically results in higher property values but displaces low income families due to higher rents and r...

                                Today's Real Estate Term is Legal Nonconforming Use  A nonconforming use of property is a use that does not conform to the current zoning ordinance of a municipality. If the property was a legal use prior to the adoption of a new zoning ordinance or regulation then...

    Today's Real Estate Term is Sales Comparison Approach.  The sales comparison approach to value is utilized by real estate appraisers when estimating the value of a particular property. This approach is considered the most reliable indicator of the market and is the primary method used by real...

Today's Real Estate Term is Effective Age.  Effective Age is the age determined by the condition of the property based on the wear and tear sustained. Effective Age is not always the same as chronological age. Buildings do not always depreciate at the same rate depending on the maintenance of the...