Stuck in Place A healthy housing market functions like a gigantic escalator. The bottom rungs are occupied by first-time Buyers. As they purchase entry-level homes, the Sellers of those homes (“Move-up Buyers”) typically buy larger homes, enabling Sellers of those homes to buy even bigger homes. And so on, and so on. One of the...Read More
Hurry Up and Wait If you’re a prospective home Buyer who initiates a deal just before Christmas — especially if it’s a bank-owned property — you’re likely to get everything wrapped up a week into the New Year (if you’re lucky — I’ve got one in progress now). If you’re a Buyer who initiates a...Read More
Willie Keeler & The “Asterisk ’90’s” Surveying the real estate market from a Realtor’s perspective the last year — and the prospects for next year — conjures up some parallels with baseball. Namely, it’s the era of the “singles” hitter. Just as some periods in baseball seem to be dominated by sluggers (think, Mark McGuire...Read More
