Edited 4/25/2018: For January 1st Quarter Market Update CLICK HERE. A few months ago I wrote about an increase in expired listings in Cary. At the time, I suspected that the increase was due to our collective nervousness about the upcoming presidential election. And it appears based on the 1st … [Read more...] about Predicting the Next Housing Crash
Archives for 2017
What is the Best Time of Year to Sell My Home?
What is the Best Time of Year to Sell a Home? There are many answers to this question online. But real estate trends vary, not only from state to state and city to city, but even from neighborhood to neighborhood. For example, The Huffington Post has this to say about the best time to sell a … [Read more...] about What is the Best Time of Year to Sell My Home?
Does a Seller’s Market Mean I’ll get a Full Priced Offer on my Home?
With all the hype about the Raleigh housing market many sellers have the expectation that they won't need to negotiate on price when selling their home. But not all homes incite a bidding war and not all offers are full priced and above. I looked at data from West Cary, zip code 27519, and analyzed … [Read more...] about Does a Seller’s Market Mean I’ll get a Full Priced Offer on my Home?
How Some Sellers are Decreasing Their Property Values
I'm a little bit behind on 4th Quarter Sales data. I just started this morning crunching the numbers so I could let readers know where home values ended for 2016. However, when looking at the data I saw a fascinating trend in the Medfield-SAS-Umstead area and had to write a separate blog post about … [Read more...] about How Some Sellers are Decreasing Their Property Values
One Seller Mistake Reduces Buyer Competition
As a seller, you want the best price for your home. Buyer competition increases sales prices. Naturally, a seller does not want to do anything that will reduce that competition. Don't inadvertently scare away your buyers! We know that the more buyers that are interested in your … [Read more...] about One Seller Mistake Reduces Buyer Competition
How Accurate is Zestimate?
Are Zillow's Zestimates Accurate? New automations in many fields give consumers better access to information. Zillow uses such an automation to produce the Zillow Zestimate. To discover if Zillow's Zestimates are accurate, we need to first understand how they calculate the Zestimate and then how a … [Read more...] about How Accurate is Zestimate?
