One of the main things people want to know about the market is what prices are doing. Prices are important to many buying and selling decisions. And we get questions on prices: What’s a median price? Why do you use it in Local Housing Data (LHD)? What’s the difference between median and average?
First Time Home Buyers« Previous Entries
If you’re a first-time homebuyer, or even if you’ve been through the process before, knowing what to ask a seller or real estate agent can make the process smoother and ensure that you are making a wise investment. As you investigate the real estate market, here are a few questions you should be asking.
What drives someone to view a home online? Is it price, location, design or a combination of all? We’ve got our weekly round-up of raveis.com’s Top Viewed Homes in each state, from a beautiful piece of land in Fairfield to a great property in downtown Bristol (Go Hawks!). So sit back, relax and enjoy! And, [...]
If you love bidding wars, paying over asking, and partaking in real estate frenzy, this post is not for you. Is you are a homebuyer who is sick of the kick in the butt the real estate market is giving you, read on.
Right now we are in a transitional period between recession and recovery. The pendulum of favor is swinging away from the buyer and toward the seller. What does that mean for you?
What drives someone to view a home online? Is it price, location, design or a combination of all? We’ve got our weekly round-up of raveis.com’s Top Viewed Homes in each state, from a beautiful piece of land in Fairfield to a great property in downtown Providence. So sit back, relax and enjoy! And, as always, [...]
Sellers vary in their expectations about how much their properties should sell for and their urgency to sell. Charting sales/list (S/L) price ratios against Days on Market tells us some things about how sellers approach the market.
Buying a home in a seller’s market can be stressful and pricey for the buyers. It can be a frustrating process full of disappointments and you’ll probably want to forget the whole thing. But with a bit of preparation and planning, it can be successful and rewarding: concluding in you enjoying living in a new [...]
How often do low-ball offers work? Let’s ask it a different way, “How often have buyers been able to get a big discount off of the list price?” In a good market? Very rarely. In a weak market? More frequently, but not as often as you might think.
Every sticking point in a negotiation can be put into one of three categories: money, time or strife. At any given moment, one of these is going to mean more to a buyer/seller than the others, which means that concessions will need to be made in at least one of the other two categories.
At William Raveis Real Estate Mortgage and Insurance, we are a sales company that markets homes and provides all of the services involved with the real estate transaction. Marketing a home needs an aggressive campaign. Twenty years ago, when companies had to rely on just print advertising, the goal was the same – to get [...]