Much speculation has been made on the direction in which the real estate market is heading, and whether or not this is a good time to buy given current market uncertainties. “Are we heading for a recession?” is a commonly asked question among skiddish buyers. Here’s the thing, we already are in a recession. The... Continue Reading →
How to Calculate Seller Net Proceeds
The biggest question sellers will have is how much they will net in their sale after all fees are paid out. So let's get right down to it and break down seller closing costs.
Getting Ready to List? Legalize Your House!
It's a new year, and a new market! That's right, folks, the Spring market is just ahead and it's time to take stock of some of the most common pitfalls that trap sellers that can cost them lots of time and money. Not checking building records prior to going live on the market tops my list of main offenders, because it is by far and way the most common, headache-inducing blunder home sellers make.
Is Our Market Losing Momentum?
Word has spread recently that the housing market is suffering a decline, or at best a shift from the strong seller's market we have recently witnessed. Dozens of media publications have reported on the recent sales decline since last year. And why is that? Well, there are a number of factors. However, there is one type of property that appears to be finding strength amidst the softening market...
The Housing Market and the Dating Market
My colleague and I have long pondered the uncanny similarities between the housing market and the dating market. Let’s face it, in our neck of the woods, both are dog-eat-dog, and both are rife with broken promises and disappointment. If you can’t relate, then you have not been in the game, either housing or dating,... Continue Reading →