Trend, Tips & Tricks
Real Estate Sales Data
Average Home Price (last 12 months)
How to Negotiate the Best Deal
Buyers are finally being able to take advantage of cooling trends in previously hot markets. Multiple offers are no longer being thrown at sellers as soon as the For Sale sign hits the front yard. Here's a tip about negotiating the best deal: Human nature is the biggest problem for sellers and buyers to overcome in a changing market. Prices stagnate or drop a few percentage points and it's amazing how different buyers and sellers react. Sellers still think their house is special and immune to the market. Buyers figure every seller is about to be foreclosed on and make ridiculous low-ball offers. Smart buyers do their homework, know what size home they need, how much they can afford and then search the market for what they want and negotiate fairly. taxation purposes.
Real Estate Sales Data
Average List Price for Houses (last 12 months)
Keys for Buying and Selling when the Market is slow
Keys for Selling When the Market is Slow
It's a whole new world for home sellers. So, how do you make your house stand out so it will sell when sales are slow?
Quickly cut the price if you don't get action. Everyone wants to sell their home for as much money as possible. Nobody wants to "give" their home away. But homes that languish in a slow market often are forced to make one price reduction after another, and buyers and real estate agents may begin to question why the home has been on the market for so long. In a slow market with few buyers you may want to cut the price to make a quicker sale.
If you are planning on buying another home with the proceeds of your sale, remember that your new home has probably come down in price as much as yours.
Real Estate Sales Data
Average List Price Reductions (last 12 months)
Real Estate Sales Data
Average Days on Market (last 12 months)
