All posts categorized under ‘Real Estate Perspective’
Marketing a property is sort of like fishing. One line in the water is good, but ten is even better. You increase the probability of success by the number and quality of ways that the public and their agents can encounter the property. A huge part is Internet exposure on multiple websites so people can find them with search engines. But also good ‘ol direct mail to areas
The last few years the market has been in a word…slower. Not awful as the media driven consciousness seems to think, just slower than normal. In America, we’re used to everything being terrific, perfect, always improving. So when it’s not any of those, somehow that’s interpreted to mean it’s awful? I don’t think so, but it feels like there are a lot unfortunately who do. The media is a huge
If you’ve read the progression of Market Watch posts here this year, then what appears next won’t come as much of a surprise. But here’s the shocking news in case you haven’t. “Our local residential real estate market in 2011 was a good one”. What an astounding statement. It wasn’t a terrific market, the last being 2005-2006, but still a good market none-the-less.
Here’s the numbers according to our local Board
It’s really the details that makes all the difference. That thought applies to a lot of things, but works especially well for real estate and homes. For instance this leaded-glass window inside a 1920′s era home in the cooridor between Meridian Street and Central Avenue, and between 38th and Kessler, is one of a number of other similar windows. There area wonderful exterior masonry details, wood trim, and fixtures built into every room. They all add up to character…character
While it’s critical to remember that the national real estate market is fragmented and that the dynamics of each area’s market are unique from any other, it’s still interesting to get some perspective on what is happening nationally and regionally. Those that track market activity across the country say that October 2011 pending sales of residential properties jumped nationally to an average of 10.4 % over September, which was 9.2% above levels seen in
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