The last two years have had an unprecedented effect on the economy, on the way we interact socially, on the way we shop, on education, and of course, on the real estate market. More than ever, your clients need to hear your voice when it comes to the real estate market and what they can […]
Recently I have noticed that more and more local, Puget Sound area agents are contacting me wondering if our market is correcting. When asked why, they say they are listening to the news and media, other agents, and even their clients talking about the next bubble or crash. For any agents who have been selling […]
Anyone who knows me will tell you that I have been talking about inventory challenges for years. Many markets across the country have experienced severe shortages of inventory caused by reduced new construction building. This has resulted in dramatically increased house prices. Don’t forget that the real estate market is just like the stock market […]
…and you may find more fish!!! There isn’t a day that goes by that I don’t hear a real estate agent somewhere complaining about the lack of inventory in our market. I get it…it is disheartening to be working with a buyer only to have them lose their offer because they are competing against so […]
Q: Denise, what do you think of the proposed government programs to help more people be able to refinance? Won’t that just contribute to a bigger lack of inventory? If everyone refinances doesn’t that mean they won’t put their homes on the market which will really add to the current inventory deficit? Won’t that just […]
Oh, how the times have changed! From just waiting for the buyers to appear … to dealing with multiple offers from numerous buyers vying for the same property! There is no denying that in many markets the buyers have come out in full force and they are in the mood to buy. Consumer confidence is […]
The real estate market is alive and well! The multiple offers we are seeing on so many listings is proof of that. With resurgence in our market comes a rapid decline in inventory. One of my clients recently reported that they had over 50 groups in their open house and that they expected over 10 […]
Q: Denise, I hear you talking about a reduction in inventory, yet in my area we have seen the number of homes on the market increase … Are you sure inventory numbers are going down? A: Yes, nationally these numbers are going down, but remember, real estate is local. You may be in an area […]
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