The price of any item (including residential real estate) is determined by ‘supply and demand’.  If the supply of an item is larger than the amount of people looking to purchase that item, the price will decrease. According to the National Association of Realtors (NAR), historically there is a natural decline in buyers looking to purchase a […]

Do you really need an agent to sell your house in today’s market? Here’s what Fannie Mae suggests to sellers on the Know Your Options section of their website: “Select how you’ll market and list the home (e.g., with a real estate agent or for sale by owner). There are pros and cons to each, […]

We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term […]