Tag

sales price as percentage of ask

Why Home Prices Are Rising Faster Than You Think

Stealth Factor:  ‘% of Original List Price Received’ “Sellers received an average of 95% of their list price, up 3.6% from July, 2011 and well above the 88.3% seen in early 2011.” –“The Skinny“; August 10, 2012 While everyone focuses on “headline” gauges of home prices — indices compiled by Case-Shiller, MAAR, etc. — they’re...
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The Science — and Art – of Doing Comp’s

“Expired’s,” “Cancelled’s” Loom Larger Until a few years ago, I never spent much time looking at Expired or Cancelled listings when I was preparing a Comparative Market Analysis (“CMA”). Today? Depending on the part of town and property type, that’s often where I start. If you don’t take unsold listings into account these days —...
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