Housing inventory is up year-over-year for the first time in three years which means that home price appreciation will likely begin to slow. If you’re looking to buy or sell a home, now is still a great time! Let’s get together today to go over what this shift in the market means for you. Thinking […]
What you should get when you list your home to sell!
Hi Tom Olsewski with Team Olsewski and Coldwell Banker. The market in the Southwest Riverside County has shifted. This is not the precursor to the next Real Estate bubble. The real estate market is constantly changing and this current change is just something you should be aware of whether you are buying or selling. Basically, […]
How Long Do Most Families Stay in Their Home?
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost […]
The ‘Great News’ About Rising Prices
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices, […]
NAR Reports Show Now Is a Great Time to Sell!
We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the […]
14,767 Homes Sold Yesterday… Did Yours?
There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all, 14,767 houses sold […]
Strong Buyer Demand Continues to Outpace Inventory of Homes for Sale
The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence […]
Beware, warns Gary Keller, foreshadowing ‘shift’ in housing market
Keller Williams co-founder is not bullish on the housing market Keller Williams co-founder Gary Keller — who owns the largest real estate company in the world, according to its agent count — is very bullish about his company. But he’s not as bullish about economic and housing market conditions. In a speech before thousands of […]
Thinking of Selling Your House? Pick the Right Agent!
Today, more and more sellers are stepping back, taking a look at the advice real estate professionals give them, and asking themselves whether they can trust that advice. And that is exactly what they should do. The most important question you can ask when you are […]
Want the most money when you sell your home in Temecula, Murrieta, Menifee, or Lake Elsinore?
Here are 2 Tips For Getting The Most Money When Selling Your House Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to […]