-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
Sellers who price right early consistently sell faster and for more money than those who have to reduce their prices one or more times to attract a buyer. Continue reading
There are many ways to approach market analysis. Many real estate practicioners still do what their clients usually expect and base a pricing recommendation on recent “comps” in the neighborhood. That will certainly provide one indication of market value, but without a more thorough understanding of the market environment, I suggest that that approach can easily mislead, and result in a listing that is overpriced, or underpriced or, maybe, priced just right. Continue reading
There was a good post from Lawrence Yun, Chief Economist for the National Association of REALTORS® today that prompts me to comment: Rising Days on Market The last sentence in Mr. Yun’s article was the most accurate and the most important: “DOM for an individual property is very important and re-pricing will be necessary at … Continue reading
In the real world here, I find that modest preparations make more sense for prospective home sellers than the extreme makeovers we see so often on TV.
Continue reading
The benefits of homeownership are so obvious, that I simply can’t accept the James Altucher believes what he blogged on the subject. His advice may be exactly right for him, but for about 2/3 of Americans, owning a home has been the foundation for financial strength they would not have realized by saving a little of every paycheck for forty years. Continue reading
I am proud to be part of the RE/MAX family. This video and my earlier post highlight some important reasons.
Continue reading
There is an argument that diminishing a landowner’s water rights directly diminishes the value of the land itself, and so constitutes a “taking” by governmental authority. There are differences in the needs of a landowner who plants cotton compared to a rancher, or compared to a landowner who bottles and sells water. At the same time, Texas is growing quickly, and cities’ water needs are under stress.
Continue reading
Times and markets may have changed in recent years, but the benefits of being a home owner rather than a renter are still the same. (And it’s a great time to buy now!) Continue reading
Twice each year, Jeff Osborne, Broker/Owner of RE/MAX Capital City conducts business meetings with all company agents and staff. Discussion is wide ranging and mostly forward-looking, but reporting on past performance versus our competition is always worth a couple of slides. Continue reading
The difference between 5% and 6% mortage rates is about $125/month, or almost $20,000 in purchasing power. There is a real cost to delay while interest rates are increasing — an it looks like that’s the direction of change this year. Continue reading
Bill Morris on Austin Real Estate 