Sellers: Your Home Must Be Sold TWICE

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for … Continue reading Sellers: Your Home Must Be Sold TWICE

Economist: Reality Check on Home Prices

Economist: Reality Check on Home Prices Adapted from an article posted June 10th 2013, 14:20 by Economist.com  In the chart below, the tan line (Washington DC) shows that we are back to the area price levels of 2Q 2002 and 1Q 2008, while the peak was 2Q 2005:  The full interactive chart (CLICK HERE) allows readers to compare the … Continue reading Economist: Reality Check on Home Prices

Prices, Valuations, and Rates Driving Investors

Prices, Valuations, and Rates Driving Investors I am working with more investors now that REO property pricing is getting much better. Goldman Sachs is warning clients that REO investors are bidding up for shrinking reserves of properties. Banks are agreeing to smaller price discounts. For homes in good working order, steep price discounts are becoming more … Continue reading Prices, Valuations, and Rates Driving Investors