If you are considering selling your home in 2014 now is the time to do some thinking and planning. Here are some issues to grapple with: 1. Why are you selling anyway? Want a bigger home? A better neighborhood? Downsizing? What is
According to the 2013 Profile of Home Buyers and Sellers by the National Association of Realtors, 89% of home buyers use the internet in their home search. However, if I am a home seller how do I know how many people are
If you are thinking about selling but are tempted to wait until spring here's why that may not be a good decision. 1. Right now there are more serious buyers out there and less ‘lookers’. 2. There are much less competitive properties on
Not really, and here's why. 1. The inventory of saleable homes is shrinking and with it goes the large assortment to choose from. 2. Average selling prices are rising and that is projected to continue. 3. Mortgage interest rates are projected to
We just returned from the National Association of REALTORS annual conference and listened to a number of experts and pundits opine on what the real estate market will look like next year. It is expected the dollar volume of home sales will
Average selling prices for residential real estate have been rising consistently this year due to constrained inventory earlier in the year, a reduction in the percentage of distressed property being sold, a new trend by the institutions owning foreclosed property to
Note: This is a posting on the Tomie Raines, Inc, Facebook page, www.facebook.com/tomieraines, that has been so popular we decided to post it here as well. Michigan is on the road to reinvention. After a lost decade from 2000-2010 where we had 14.2%
Great time to buy a home? For buyers, the window of opportunity has not closed despite rising mortgage interest rates and average selling prices. The historically low interest rates over the past couple of years were achieved because of the Fed's aggressive bond
There are a lot of unknowns right now related to what the government shutdown will affect and what it won't. Not surprisingly, people have started asking the questions of how the government shutdown will affect housing sales. While there is no yes
This is the time of year we talk to potential sellers who tell us they want to wait until spring to sell. This decision is normally driven by their understanding of the seasonality of the business or by escalating prices or both.