Thursday, May 27, 2010

The “Four Questions” every home seller asks.

It’s been my experience that when I sit down with a customer to begin the process of listing their home for sale, there are usually the same "Four Questions" that all home sellers ask me.
They are:

1. What is my home worth?
2. How long will it take to sell my home?
3. How much will it cost to sell my home?
4. CAN you sell my home?

The answer to those "Four Questions" really depends on YOU, the home seller. However, I do have an idea of what it takes. For my answer to the "Four Questions", send me an email.
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Tuesday, May 18, 2010

Has the Housing Market Stabilized?

Here in Palm Beach County it seems like it may have. Why? Well, for one, the inventory of homes in certain price range is continuing to shrink. Secondly, because the inventory is starting to shrink, buyers are offering list price and sometimes more to secure a contract on a home. Now, most of these offers are being made on short sale or bank owned properties. This makes the non-distressed properties that come onto the market very appealing and are they’re being sold at a premium. Why? Most people do not want to wait out the average 3 to 6 months for a short sale or bank owned property to close. These non-distressed properties are only on the market for a few days, and in some cases, only a few hours.

Let me know what’s going on with the real estate in your area. I’m very interested in hearing about it.

James