Real Estate News and Commentary
news, commentary, and opinion
If you’re like most home sellers and buyers – you want an edge over your competition. What better way to get the edge than having a way to predict the market. If you don’t have a working crystal ball, there are a few methods to forecast and measure housing (some of which have been used …
Continue reading “Is there a best way to predict the housing market”
The recovering housing market has brought to light the controversial practice of the pocket listing. Although pocket listings are more common in the upper bracket and luxury real estate market, pocket listings tend to increase during hot markets when there are few available listings and increased home buyer competition. by Dan Krell © 2013 Sometimes …
Continue reading “Private, pocket listings surge during housing recovery”
Why should you hire a real estate agent? Home buying and selling without an agent is not for everyone. A somewhat prophetic Howard Schneider proclaimed in a 1995 article “For Better or for Worse” (published in Mortgage Banking; 56(1), 110) that a combination of technology and industry consolidation would drastically change the real estate landscape …
Since the housing downturn, optimistic predictions the real estate market have been forecasted annually. However, what we have seen in retrospect is that home buyer incentives along with other housing stimulus measures have only acted to maintain an ailing housing sector from deteriorating further. Some still await the market bottom. And although 2011 revealed additional …
I know it’s trite to say that selling your home in today’s economic environment is challenging. You know that home buyers are very picky and money is tight. However, are you (or your real estate agent) prepared for a low appraisal? According to the Appraisal Institute (appraisalinstitute.org), an appraisal is “a professional appraiser’s opinion of …