Woodbury Neighborhood Stats 2014

Wade Blog, Buyers, Market Data, Sellers

2014 was an interesting year in Woodbury.  The amount of new construction homes proved to be a challenge for traditional sellers to compete with and although sales were down 30% in 2014, the average sale price was up 7%.  This means buyers were willing to pay more for good, quality homes and they were willing to patiently wait for the …

What’s Happening With Woodbury’s Luxury Home Market?

Wade Blog, Featured, Sellers

There are currently only five pending home sales in Woodbury over $600,000 and they are all new construction!  So far in 2014 only 23 homes have sold over $600,000 and half of them were new construction.  This means roughly one existing home per month sells in Woodbury over $600,000.  There are currently 19 homes for sale (not including new construction) …

What’s Unique About Luxury Home Buyers?

Wade Blog, Featured, Sellers

Luxury home buyers and sellers approach the process of buying and selling luxury real estate differently from other people.  That’s not just because the prices ranges they deal in usually have one or two extra zeroes; it’s also because of their mindset.  Here are a few of the characteristics I’ve discovered that have helped me succeed in luxury real estate: …

5 Things That Turn Off Luxury Homebuyers

Wade Blog, Buyers, Featured, Sellers

Luxury homebuyers are demanding and have certain expectations that have to be met.  If you want to make the best first impression and appeal to even the most critical of luxury homebuyers, follow these five simple steps. 1.  Overpricing Luxury homebuyers are capable of buying high-end homes because they are savvy investors.  These buyers are not about to consider making …

Should I List My Home For Sale During The Holidays?

Wade Blog, Sellers

With the holidays approaching, sellers often wonder if they should keep their properties on the market or take them off. Or if they haven’t listed their homes yet, should they wait until after the first of the year? Maybe hold off until spring? There tends to be less inventory around the holidays, so in my opinion it’s a good time …

What Happened to Woodbury’s Luxury Market in 2013?

Wade Blog, Buyers, Market Data, Sellers

The average housing market is up dramatically in Woodbury compared to 2012 however; the luxury market has remained about the same year over year.  In 2013 we experienced a solid number of homeowners taking advantage of low interest rates and the buyer demand for the home they would need to sell to move up to their dream home. Here are …

Do You Show Your Own Luxury Listings?

Wade Blog, Featured, Sellers

The answer is YES!  While average agents like to leave things to chance, I prefer to be present at all showings for my luxury listings to make sure no stone is unturned. Here’s a few reasons why: Aside from the seller, nobody knows the property better than me.  Sellers take the time to show me the ins and outs of …