The folks at HouseHunting101.com have a great post and link to a Forbes article about the value of real estate in the midwest. Of course, being from S.E. Michigan, I’m a little biased. However, I believe facts speak for themselves. On the commercial side of real estate, the coasts are getting hammered on their capitalization… Continue Reading
Fresh off the Real Simple Syndication (RSS) feed, I find this Q&A from Inman News regarding Appraised versus Market Value. Used to be a simpler time, as a seller, when you could justify your price by flashing the appraised value and getting that value or something awfully close. Those were the days when buyers seemed… Continue Reading
It’s no secret that the real estate industry has changed. In fact, it is a very safe bet that the industry will continue to change. What we see now as the norm for real estate, I would hazard a guess, will be seen as archaic in about ten years. Remember, not so long ago, that… Continue Reading
The National Association of Home Builders (NAHB) recently held their semiannual spring construction forecast conference in Washington, D.C. As alluded to in the title of the conference, the purpose was to discuss the future of the home building industry. RealEstateJournal.com, an offshoot of The Wall Street Journal, has an article covering the Home Builders’ findings.… Continue Reading
The average cost of selling without a Realtor in 2005 was $31,800. $31,800! We've all seen the signs driving around town. The brokers have their signs in yards advertising homes for sale and individual, unrepresented sellers have their signs; typically red and white with, hopefully, legible phone numbers. The motivation for selling a home by… Continue Reading
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