Recently, I was able to secure my clients the house of their dreams. There were multiple offers on the house and the sellers and their agent had to choose. What was the deciding factor? My Facebook page. I seemed like the kind of guy that they would like to do business with. Not my business [...]
The Boomerang Generation is still living at home and not buying houses. At least, not yet. Via The Atlantic: The unemployed college graduate moving back in with his parents has been one of the ubiquitous stock figures of the recession, helping to cement the Millennials’ reputation as the “Boomerang Generation.” But how many young grads are [...]
Sometimes you aren’t getting your offer accepted because somebody else is willing to pay more. Other times you lose by making some common mistakes. Let’s take a look at the 6 reasons why your offer isn’t getting accepted in this booming, multiple-offer market. 1. Ignoring the Market First off, you need to have a reasonable [...]
I admin it. I’m frustrated. “Tell them to not even bother,” said the listing agent apologetically about my first-time home buyers. “There is simply no way they can compete.” He and the Sellers figured the home was priced “about right.” And it was… the list price WAS right. The house won’t appraise for any more. They [...]
With housing supply so low and competition fierce, it’s getting really hard out there for a first-time home buyer. Pretend, for example, that you are a young, reasonably-successful couple with a kid or two and you are ready to buy a single family home. Let’s say that your budget is up to $650,000 and you [...]
As we round up the fiscal year 2012 and move into 2013, the next 12 months is showing compelling reasons why would-be home buyers are going to be buying more homes. In the beginning of 2012, the consensus was the real estate market was low, even flat in some parts. In summer 2012, purchase business [...]
UDPATE: Just one month into 2013 and I’ve got a revision. 2012 didn’t play out like I had expected. The inventory of homes for sale shrunk FAR more than I (or anyone else) expected. In 2012, we saw more Demand versus less Supply, and home prices rose. I expect slightly lower Demand and slightly more [...]
