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(English) Will Your House Be Worth More in the Spring?

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6 comentarios
  1. Joe Schutt
    Joe Schutt Dice:

    I think something you need to keep in mind is that Real Estate is LOCAL!! As consumers read all of the articles that are based on national news or even greater metro areas they need to realize that that news doesn’t necessarily reflect what is happening in their back yard. My market is doing fairly well. Our sales are down, but that is because our inventory is low. Our pricing has been flat overall. Our unemployment rate has decreased by .4%.

    I can’t tell you how many times I have had to explain to a seller that they should out their property on the market because there is a demand and to not fully take to heart the national news. Or a buyer coming to the area thinking they are going to get this amazing deal because the US real estate market is declining. Then they come to Boston and they are not getting the deal thy thought they were going to.

    Even reports like the Case Shiller aren’t exactly the right reports to follow. They take the greater metro area as a whole and they only take into account single families. Well, my market is mostly condos and downtown Boston is doing okay.

    So, be sure to check in on your local market before deciding what to do. And for the people that write articles or reports about real estate really should put a disclaimer that real estate is local and to check with their local Realtor before making assumptions on the market.

  2. Steve Harney
    Steve Harney Dice:

    Great point, Joe. Real estate is local to a great extent and everyone SHOULD DEFINITELY SEEK THE ADVICE OF A REAL ESTATE PROFESSIONAL before making a decision. That said, the national market has tremendous impact on the local market. Interest rates are not at historic lows in Boston because of the Boston market. Consumer confidence in Boston is not determined by the Boston market alone, etc. A true understanding of the how local real estate is impacted by the national economy is crucial.

    P.S. Regarding supply, the new S&P Shadow Inventory report shows a 58 month supply of distressed properties about to come to market in Boston, third highest in the nation (and an increase of 70.8% over last year). This blog post definitely applies to Boston.

  3. Angela Gagauf
    Angela Gagauf Dice:

    Thanks so much for this article! After attending your seminar on October 15th, I’ve been sharing this information with home staging clients that want to wait until spring to list their properties and have been encouraging them to discuss this issue with a realtor. Now I have something to email them on the topic. I’ve also added this to my Face Book fan page and LinkedIn.

    Although I’m not a real estate agent, I AM in the business of helping people sell their homes through home staging. The better educated my home staging clients are, the more willing they are to listen to their agents advice. And in today’s market THAT is key to selling a home quickly. The best staging in the world won’t sell a home if it’s priced too high.

  4. Betty Morris
    Betty Morris Dice:

    Very interesting article and helpful in many ways. Honestly, I do not know what the future will bring and would need to talk over the particulars with my Seller regarding his transactions. Many factors come into offering an intelligent answer to this question if we are asked. Many sales have unique circumstances and requirements and motivations. All of these have to be approached in a thoughtful and respectful manner when we offer advice. Each sale presents it own uniqueness.

  5. Suzanne Green
    Suzanne Green Dice:

    Thank you ! Many times I find myself referring to these articles and your team’s collaboration of the powerful information to educate our clients and remind them that it is all about getting to the ultimate goal – the most money at closing for THEM. My clients really appreciate it when they realize we are all on the SAME team and that pricing their home with the facts we DO have and to consider what is predicted will get us all to a quicker closing and more money in their pockets. You are amazing- no one tells it like KCM does!


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