“Don’t Be a Secret Agent,” the Corollary What’s one way to avoid racking up market time — the enemy of every home seller trying to get top dollar for their home (in other words, all sellers)? Don’t formally put your house on the market. Instead, more would-be Sellers appear to be quietly networking their homes...Read More
Wait Till You See the Triple-Car Garage What do you put in a “double-car garage?” Why, a double-car, of course — just maybe not the one pictured above. (Non-Realtors can be forgiven for not knowing that the preferred industry term is “two-car garage,” not “double-car garage.”)Read More
“Kings of the Animal (and Consumer Economy) Kingdoms” Want a novel way to look at today’s housing market? Think of housing occupying the same role in the economy that lions do in the natural world. Namely, both sit atop their respective “food chains,” depending upon — and contributing to — the health of multiple levels beneath them. Economics 101 The...Read More
. . . on Housing Prices Yes, I’m aware that it’s “Spring Forward, Fall Back” — and that everyone needs to set their clocks one hour ahead this Saturday night. However, the clock (at left) refers to housing prices: depending on the market and neighborhood, on average homes now fetch what they did 6-8 years ago (or...Read More
Or Foreclosures, Either What jumped out at me reading “It’ Buildings of the Other Boroughs” in The NY Times was the high (financial) bar for entry: “Mortgages are allowed, but only for half the purchase price, brokers familiar with the building said.” “A recent sale in the building, which requires a 25 percent down payment...Read More
Telling Sellers What They Want to Hear — Initially It doesn’t happen to me that often, but — believe it or not — there are occasions when I interview for a listing, and the would-be client decides to go with another Realtor. In fact, I fielded a phone call informing me of that news earlier this week....Read More
