This morning, the NAR kindly sent me this little update through the Real Estate Insights eNewsletter. It explains, quite well, the steps that we will need to move through before the market stabilizes, both locally and nationally. And then, this afternoon, in my REALTOR(R) Magazine Daily Online, I got this story.
Both have something underlying that I think is very important. Congress needs to
I previously covered Buyer’s Markets and what they meant for both buyers and sellers. Feel free to look over that blog entry in conjunction with this one.
Before I dive into talking about a Seller’s Market, I want to cover a
In real estate, as with other sales markets, there are three phases to the market. There is a Seller’s Market, Neutral Market, and the subject for this post, the Buyer’s Market.
For most markets, and most price ranges right now, we are in a Buyer’s Market, but what does that mean?
I think I was at E when I figured out what the subject of this post would be. As I was writing about ethics, I knew that I would just have to do this post. However, I’m going to stretch the definition to fit my needs.
Simply put
One of my favorite things about residential real estate is that everyone can win. Think about it. We have a seller. The house is generally no longer serving their needs. Maybe they are leaving the area because of a new ob, a transfer or retirement. They might be having a new child,