by Wade | Dec 16, 2010 | Blog, Buyers, Market Data, Sellers
Real estate is a hot topic right now and I have run into a lot of friends over the last several weeks that have asked some very common questions. I (like other real estate professionals) have some opinions about the housing market. You may not agree with me but here...
by Wade | Nov 22, 2010 | Blog, Buyers, Market Data, Sellers
Is the worst behind us? Fortunately the luxury market has sustained the recession better than any other segment of the real estate economy. However, I feel that the worst is yet to come – specifically in the second home market. My theory is that many second...
by Wade | Oct 12, 2010 | Blog, Market Data, Sellers
For those of you contemplating the sale of your home, now may be a great time to do it! There is some uncertainty in the foreclosure process and it has opened a window of opportunity for the “traditional seller” to reach buyers that don’t want to...
by Wade | Oct 11, 2010 | Blog, Buyers, Market Data
If you are thinking of buying a home in the next year, do it now! Mortgage rates can only go up. Thirty-year fixed mortgages slipped to 4.27 percent this week, the lowest on records dating back to 1971, from 4.32 percent last week. A drop in interest on 15-year loans...
by Wade | Sep 6, 2010 | Blog, Buyers, Market Data, Sellers
Gloomy news that July sales of existing homes dropped 25.5% year-over-year has overshadowed new statistics showing summer sales of million dollar plus homes significantly outperformed other price ranges. “Luxury homebuyers have been buying this summer,” said Laurie...
by Wade | Sep 2, 2010 | Blog, Buyers, Market Data, Sellers
Homes are on sale! There has never been a better time to buy. For a more detailed report on your city click here.