Q: “Denise, I read your article on the Power of Timing. I have a listing that has been on for about a month now and my sellers are thinking of trying a price reduction this weekend and if it doesn’t work, throwing in the towel and renting it. I am also holding an open house […]
Posts Tagged ‘Market’
Stop Asking Me if we are in a Housing Bubble!
When home prices are skyrocketing to new record highs it is natural to wonder if what goes up will be coming down. The question I get asked all the time is when will this happen, are we in a housing bubble, and when will it burst. I want to assure you that our market is […]
New Construction in High Demand
New construction is a major driver of real estate markets nationwide. Without it inventory levels remain lower than normal and house prices can’t help but rise. In order to look forward to what is expected for the spring building market you have to first understand what it takes to build a home. With the average […]
Don’t Panic! Market Fluctuations Are Very Normal
I am sure in the past week many of you have had buyers or sellers voice concern over the state of the real estate market in relation to the stock market challenges as many people are sensitive to stock market fluctuations. While there is no disputing that China is experiencing a market correction which has […]
Spring Leads Into a Robust Summer Market
Over the past few years we have been used to real estate sales taking a breather in the summer months after the usual spring boost of sales. However, this year is different and the rate of new single family home sales has continued to soar to its fastest pace in seven years. This has caused […]
Ask Denise: Low Inventory Burnout
Q: Denise, this market has made me absolutely exhausted! I have buyers who can’t find a property… I have sellers who want to sell, but they are very concerned about being able to find a home to buy, so they aren’t going to list right now. I can’t seem to make any forward progress on […]
Generational Housing Needs and Their Effect on the Market
There are four distinct generations that are changing the types of homes in demand today. They include these generations: The Silent Generation: born 1925-1945 Baby Boomers: born 1946-1964 Generation X: born 1965-1980 Generation Y: born 1981-2000 Each of the generations have very specific housing needs which require updated floor plans. This is creating both challenges […]
Ask Denise: Spotting Market Trends
Q: Denise, I would really like to know more about how to research market statistics to spot trends, but I don’t want it to take a ton of time. What do you recommend? A: Good for you! Your first step should be to take a closer look at your MLS. Many MLS’s have either live […]
Your Niche Marketing Road Map
If you enjoyed my Zebra Report last week on targeting a niche market, you are going to love this week’s article on taking the steps to actually hone in on a niche market and determine a marketing plan to get your phone ringing! If you are thinking that the idea of a niche market could […]