by Wade | Jan 7, 2015 | 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...
by Wade | Dec 9, 2014 | Blog, Buyers, Featured, Market Data, Sellers
Home sales in Woodbury didn’t reach the levels everyone expected this year. As more and more homeowners gained the necessary equity in their homes needed to sell for a profit, inventory went up over 30%. This combined with the flood of new housing inventory to...
by Wade | Oct 15, 2014 | 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...
by Wade | Aug 28, 2014 | 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...
by Wade | Jun 20, 2014 | Blog, Featured, Sellers
A year ago homes were selling faster than we could put a sign in the yard. The combination of interest rates near 3.5% and record low inventory made for an extremely active housing market in Woodbury. Homes increased in value nearly 13% last year and home sales were...
by Wade | May 14, 2014 | 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...