Are Rising Home Prices Good?
November 4th, 2010 Categories: Market Conditions, Real Estate, Uncategorized
Real Estate statistics can only be interpreted when you classify yourself as either the Buyer or the Seller. Some people grumble about newspaper reports or National Association of Realtor forecasts as being too rosy.
So lets just give you the facts and you tell me!
Single Family median home prices were UP for the 11th straight month in September. This is compared to year-over-year months.
Single Family home sales in September fell 13.8% from September 2009 results. This is the 3rd straight month of year-over-year declines.
Want a larger sampling of data to digest? Let’s look at quarterly results:
Single Family median home prices rose 5% in the 3rd qtr compared to 2009′s 3rd qtr.
Single Family number of sales fell 20.7% last quarter, compared to the same quarter of 2009.
Conclusion (end of the facts):
If you are a Buyer in this market you are in high demand, but don’t be late to get in the game because prices of the best homes are heading up.
If you are a Seller, it may take you longer to sell but if you are priced accurately, show great, and are reasonable in negotiations, you will be doing just fine (compared to last year).
Ed Daniels of Realty Executives – Boston West can be reached at 508–341–7880. His MAhome Team covers the Metrowest Boston region for both home buyers and sellers.
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That one thing you might be missing to set you above the rest
September 4th, 2010 Categories: Uncategorized
With over 90% of home buyers searching online for a new home your home must make a great first impression. The first impression is a lasting impression! In a buyers market sellers compete with sellers. If buyers are not impressed what they see online they will move on to the next listing. Ready, Set, Stage! works with you and your Realtor to put your home on the “must see” list for today’s home buyers. We offer a marketing plan and photos to assist with the sale of your home.
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