Interested in the value of your home? Here are some options to research it yourself. In the past year or so, a number of Web sites have sprung up which provide a free service to consumers interested in knowing the value of a specific piece of property. Web sites such as www.Zillow.com, www.RealEstate.com, www.Reply.com, and www.RealEstateABC.com … [Read more...]
“Resale Home Prices Up 11%” – Are Prices Really Going Up?
A recent article on April 28, 2007 in the local newspaper, The Desert Sun, headlined, “Resale home prices up 11 %,” has provoked a short comment here in Reflections. Generally, I think most pundits agree that this is a great time to be BUYING property in the valley. The inventory of available properties has never been higher. Even Sellers can … [Read more...]
On Foreclosures
– “Could you find me a really good house in foreclosure, I mean a nice house, priced below market?” From time to time, I get this question, and the answer is, “Probably not”. What prompts such a question? If you pick up a newspaper or business magazine, it’s hard to avoid seeing something about the increase in foreclosures being reported … [Read more...]
How to Price Your Home …or Check that CMA
When selling your home, one of the hardest tasks with which you will be confronted is the establishment of an acceptable selling price, a price that is acceptable to you and to a potential buyer of your home. Let’s face it, calculating the price can’t be that hard, can it? You have spent a lot of time and energy fixing up the place and you have … [Read more...]
In this Market, What’s a Seller to do?
This reflection is really a continuation of my previous article on January 17, 2007 regarding the state of real estate here in the valley. Little has changed since that article. Our market continues in transition toward a more balanced state in which expectations of buyers and those of sellers are more closely aligned. Good indicators of when that … [Read more...]
The Stalemate between Sellers and Buyers Continues
A Happy New Year to everyone touching this web page. May you all have a healthy and prosperous 2007! Well, the transition in the Coachella Valley real estate market (from the crazy seller’s market a few years back to a new more balanced “value-driven market,” * acceptable to current buyers and sellers), is still in process. As … [Read more...]
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