Real Estate Business
November 12, 2010
Below are some updated market charts with data through October 2010. This data is for single family residences and excludes waterfront properties. If you’d like to see this data for waterfront only, or data rendered differently, just email me and I can create the charts for you based on your […]
November 10, 2010
This is a great opportunity to purchase a home, under market value, on Bainbridge Island. This is a short sale, but the bank has already approved the price. What does that mean? That means, one of the most challenging parts of a short sale is to get the bank to […]
October 21, 2010
At our office meeting this week, my Managing Broker, Casey McGrath brought up an article about how a broker in San Jose, Lisa Blaylock, had an appealing philosophy that got her clients to look at the market with a new set of lenses – and ultimately got fence-sitters to hop […]
October 9, 2010
According to an article published in the LA Times, buyer’s wants and needs lists have changed over the past decade. With the downturn in the economy and a move towards practical versus showy, the following shifts are becoming apparent as builders and developers change up their blue prints. Today’s buyers […]
October 8, 2010
These graphs take a step back and look at the last three years. We are certainly on a downward trend in regards to price per square foot, but we see that irregular, erratic market at play through all of the seasons. Winter months like December of 2008 and January of […]
September 27, 2010
The chart below compares single family homes on Bainbridge Island – For Sale vs. Sold vs. Pended. You can see we had an inventory spike in July, which follows the seasonal trend of high inventory in the summer. The current inventory number for September is 238, so we are already […]
September 8, 2010
One of the Best Things You Can do to Sell Your Home Here’s a piece from MSN Money that details the psychology of pricing and selling a home. The piece reiterates what I tell my clients when we sit down for a listing presentation. Buffer Pricing “You’re selling your home. Here’s […]
September 3, 2010
The seemingly endless run of bad housing news is discouraging some potential home buyers from considering a purchase. But the truth is that the advantages of homeownership have very little to do with investment gains. The best things about owning a home have a lot more to do with personal […]