Map of Arizona
Aging Gracefully and Real Estate
Recently, my wife's grandmother in SC passed away. She was 100 1/2! Almost unheard of in our day and age. While she had been in declining health for the last several years, she was fortunate to live a life that was full and energetic. She worked on the farm with her husband and 4 boys, as well as grandchildren galore. She had the 4 sons and their wives, 16 grandchildren, 20 great grandchildren, Continue Reading
Internet Real Estate Leaves Money On the Table
Friday's USA Today carried a story about how the internet is changing home selling methods. The seller, one Jim Blair in Redmond, WA, seemed so excited to have sold his home on Zillow. He originally placed the home on the site for a "Make Me Move" price of $699,000. Probably tired of no activity, offers or serious buyers, he later decided to list with an agent at $659,000, when he received an Continue Reading
What’s Dan Fogelberg Have To Do With Real Estate?
This past weekend, one of my favorite recording artists from the 70's, Dan Fogelberg, passed away with prostate cancer. His hits "Leader of the Band," "Part of the Plan" and "Same Old Lang Syne" helped define the soft-rock era. He died Sunday at his home in Maine after battling prostate cancer. He was 56. He is survived by his wife, Jean. The hook in "Part of the Plan" says, "Love when you can, Continue Reading
New York AG Sues Appraisal Co.
USA Today reports this morning that "New York Attorney General Andrew Cuomo sued a major appraisal company Thursday, saying it helped Washington Mutual (WM) inflate home appraisals as part of what Cuomo called a nationwide pandemic that's contributed to the housing recession." We all know about the mortgage industry and credit markets upheaval. You'd have to be living in a cave in Afghanistan to Continue Reading
What’s Going On In This Market?!
We are currently in one of the strongest buyer’s markets ever. What does this mean exactly? A buyer's market is when supply is high while demand is not keeping pace with the inventory. On top of this, sales price is decreasing. What does this mean for you?As a seller, your home needs to be priced very aggressively. That is, the bottom 15% in pricing and the top 15% in condition. Homes that are Continue Reading
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