Real Estate News and Commentary
news, commentary, and opinion
Given the performance of the housing market this year, can we make home sale predictions for next year? The housing market had quite a year! It’s amazing how resilient the market is, which demonstrates the appeal of homeownership. Even after a significant spring slowdown, home sales rebounded to record levels in the fall. NAR’s Existing …
Home sellers want to get top dollar, and home buyers want value. This is a hard to truth to acknowledge, but regardless of your home’s condition, location, etc. it all comes down to the home sale price. Don’t just take my word on it. There’s plenty of peer reviewed research on the topic. For example, …
Having a choice is good. For many, have having a choice represents freedom. For others, choice creates angst out of fear of making the wrong selection. Dr. Barry Schwartz wrote about this phenomenon in his book The Paradox of Choice. Dr. Schwartz describes that having too much choice can create negative well-being. This phenomenon also …
Thanksgiving is a time to take stock and be thankful. Although the original Thanksgiving may have had a religious purpose, today’s secular holiday is about traditions. However, it seems as if the tradition of enjoying a peaceful meal with family and friends has been increasingly difficult over the past few years. But since the election …
Pricing your home correctly is the foundation of a successful sale. I have often talked about the science and art of pricing a home in various market conditions, but did you know home pricing psychology also plays a role? With vast amounts of public data available on the internet, you may be tempted to price …