Category Archives: General
REAL ESTATE AS AN INVESTMENT
This chart illustrates that real estate has been a solid investment for the long term and has been the best choice among those listed. On average, a $100,000 investment in real estate in 2000 would be worth $146,600 today, up … Continue reading
U.S. Home Sale Has $56,464 Impact on Economy!
Recently the research team at the National Association of Realtors (NAR) looked at studies done by the Bureau of Economic Analysis, the Census Bureau, Macroeconomic advisors and the Joint Center for Housing Studies at Harvard. After reviewing the data, … Continue reading
American Dream of Homeownership is Alive and Well
The above information was taken from the following surveys conducted by Gallup: U.S. Homeowners’ Reasons for Owning More Than Financial American Dream of Owning Home Lives On, Even for Young Americans’ Optimism About Home Prices Surges This … Continue reading
What a Homeowner Should Know Before FSBOing
FSBO = For Sale By Owner The graphic below contains important information a homeowner should know prior to going it alone.
6 Tips for the First Time Homebuyer
Buying a first home can be a scary, confusing and stressful process. Many would-be buyers are understandably nervous at the prospect of making the largest purchase of their lives. Rather than diving in and hoping for the best, you should … Continue reading
Sellers’ Homes Must be “Compelling” Not Just Merely “Competitive”
–This chart is self explanatory and should get everyone’s attention. –These are real numbers from our MLS. In March we had an inventory of 1,499 detached single family homes in Leon County compared to only 196 sales. –While we hear news of improvement, … Continue reading
Top 10 Remodeling Projects
As we’ve always said, the “COMPELLING” home is going to sell before the home that is merely “competitive.” In order to be the “COMPELLING” listing, the home must be the absolute, clear choice among its competition. It must be well … Continue reading
Distressed Sales are Distressing
A “Distressed Sale” is a sale where the home was either bank owned, was in the foreclosure process, or was sold as a short sale where the seller’s lender accepted a payoff that was less than what was owed on the … Continue reading
Nationally: The Numbers Are Encouraging
In the previous 3 blogs, we showed how local statistics had improved in 2012: sales were up, prices were up, and the time required to sell a home was down. The infograph below illustrates that nationally, the statistics have also … Continue reading
Homes Sold Quicker in 2012
In the previous 2 blog posts, we addressed improvements in our real estate market regarding the number of sales and median price. The average days on market for homes sold in Leon County also improved. In 2011 the average days … Continue reading
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