How are interest rates impacting the market? While it’s too early to tell the impact on prices in the medium to long term, we are seeing an increase in activity that suggests that the surge we see in the Spring and Summer months is over-coming the drag that increased interest rates are causing. According to […]
According to Global MLS, the marketplace for NY Capital District residential properties, here’s the comparison of Q4 2021 Close Vs. Q1 2022 Close: The Number of SOLD listings decreased by 30% to 1803 properties with a top sale of 3.6 million at 83 Brown Rd in Saratoga County. Average Sales Price decreased by 4% to […]
How’s the Market? While no one can accurately predict exactly what’s going to happen in the future, here are some projections based on the trends we are seeing locally, as well as the latest news of the Fed raising rates. YOU’LL NOTE:• The Federal Reserve officials voted Wednesday to lift interest rates and penciled in six […]
According to Global MLS, the marketplace for NY Capital District residential properties, here’s what happened in February 2022 versus January 2022: The Number of SOLD listings decreased by 25% to 426 properties with a top sale of $1.1 million at 46 Union Ave in Saratoga County. Average Sales Price decreased by 7% to $272,836. Market-wide, […]
In This Episode We’ll Answer The Question: Should I perform my own home inspection? You might be thinking… Why should I invest in a home inspection when a buyer is likely to perform their own, or If I do perform my own inspection, should I fix & upgrade everything on my inspection? Here’s the truth… […]
According to Global MLS, the marketplace for NY Capital District residential properties, here’s what happened in January 2022 versus December 2021: The Number of SOLD listings decreased by 29% to 571 properties with a top sale of $2.75 million at 420 N Greenbush Rd in Rensselaer County. Average Sales Price decreased by 3% to $280,288. Overall, the market is down […]
In this Episode We’ll Answer The Question: How Do I Compare My Property To Other Homes? In other words, can you compare apples to oranges? In Real Estate… the answer is yes! a. Let’s Just Agree, No Two Properties Are Identical! And while you may feel like you have special property… b. You Must Consider […]
What Is Dual Agency? Dual agency is when a real estate licensee represents BOTH the seller and the buyer in a transaction. Dual representation must be in writing & understood by both the Buyer & Seller parties. It recommended that the Dual Agent stick to the material facts and delegate any potential conflicts of interest […]
According to Global MLS, the marketplace for NY Capital District residential properties, here’s what happened in November 2021 versus December 2021: The Number of SOLD listings decreased by 5% to 806 properties with a top sale of $1.4 million at 27 Saddle Creek Circle in Saratoga County. Average Sales Price decreased by 3% to $304,088. […]
In this Episode We’ll Answer The Question: How Does The Wrong Asking Price Hurt Me? a. You’re Prohibiting Buyers! b. You’re Lengthening Days On The Market. Statistically homes sell for less the longer they sit on the market–think of days on market as ACID for you equity c. You Can’t “Give It Away”! Look at […]
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