Why Declining Home Sales Numbers Matter To You

Why Declining Home Sales Numbers Matter To You

When real estate companies project their budgets, your home is a factor in the formula.  Your home and mine are in market areas. Each area has an average value and a projected number of sales based on historical data. A company that projected sales numbers based on...

The Market is Slowing…But, How Much?

The Market is Slowing…But, How Much?

The Shrinking Gap in Sale Price to Asking Price Change begins with acceptance of things as they are. Two years ago, home buyers had to accept asking prices as starting places, and paying over-asking the price was the new normal. Twenty-five thousand dollars over the...

Price is a one-time thing. Cost is a lifetime thing.

Price is a one-time thing. Cost is a lifetime thing.

The Price Is A One-Time Thing Everyone would like to buy low and sell high. The problem is that we never know if the price is high or low until after the fact.  In 1990, a little girl (Let’s call her Kelly, not her real name) was about two years old when I met her...

Your Home Equity Fills the Green Energy Pipeline

Your Home Equity Fills the Green Energy Pipeline

One hundred billion dollars of home equity will be paid to real estate brokers as sales commission by the end of this year. Another fifty billion dollars of equity will pay for title insurance, closing costs, transfer tax fees, attorney fees, deeds, and recording...