Q: Denise, with our tight inventory and multiple offers, my seller thinks if we price the house really high (20% above my price!) that buyers will flock to it anyway and continue to drive the price up. I have tried to redirect him, but how can I prove that it just won’t sell at that […]
While my company has an international reach, many of my clients are based in the Puget Sound area of Washington State which is currently a very hot area for real estate. In fact, it is not unusual in several neighborhoods for there to be more than 10, 15, or even 20 or more offers for […]
Q: Denise, I have been reading lately about people who are buying pod housing units (little cottages) and putting them on their property for family members to live in. Is this classified as micro housing? A: Great question! But the answer is no. Pods that are placed on a piece of property or as part […]
Posted in Ask Denise, Buyers, Sellers 
Tags: ask denise, backyard cottages, housing market, inventory, land, micro housing, property, title 
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Last week, I had the privilege of attending the National Association of REALTORS® Conference in San Francisco. There were a number of highlights on my trip, including speaking to the Women’s Council of REALTORS® on the power of Memorable Marketing. Additionally, I got to know a number of fantastic agents who visited my booth to […]
Posted in Real Estate Coaching, Mentoring, and Training, Real Estate Industry News, Zebra Reports Tags: Current Market, housing industry, industry, inventory, median home prices, NAR, National Association of Realtors, news, Real Estate Market, real estate market report, Real Estate News, zebra report 2 Comments » 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 NAHB just reported that the recent increase in prices may be adding inventory to the housing market because sellers that previously couldn’t sell now can. The Federal Housing Finance Agency reported national home prices were up 6.5% from January 2012 to January 2013. Total inventory currently represents a national supply of 4.7 months versus […]
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 […]
With inventory shortages happening all over the country, builders are getting a jump-start on the demand. According to CNN Money, housing starts are the highest they have been in four years. October had a 3.6% increase over September, and it appears new construction is indeed gathering steam. Interestingly enough, although single-family residence numbers didn’t change much […]
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