Sniffing Out Motivated Home Sellers; 4 Clues ” & a Red Herring Black Friday isn’t just when retailers offer their best deals of the year. Historically, it’s also the time of year when home Buyers can score deep discounts (at least in the Twin Cities; I don’t know about milder markets like Phoenix or Miami)....Read More
Sniffing Out Motivated Home Sellers; 4 Clues — & a Red Herring Black Friday isn’t just when retailers offer their best deals of the year. It’s also the time of year when home Buyers can score deep discounts (at least in the Twin Cities; I don’t know about milder markets like Phoenix or Miami). How...Read More
“Nice Try” Department I give the listing agent (representing the Seller) credit for trying: the line (above) certainly sounds like a compliment. And it may even have been true, once upon a time. But, best guesses are: a) the home was built a long time ago; and b) it’s hardly beautiful now (there were no pictures accompanying...Read More
A doctor who wants to determine a patient’s health checks out their vital signs: their heart rate, blood pressure, lungs, etc. What’s the equivalent for the housing market? Trends in the following three things: One. Inventory. Falling inventory — also called “supply” — augurs well for future housing prices; increasing inventory, the opposite. Right now,...Read More
