Monthly Archives: August 2018
These are the best times of year to buy a home
From Article:
Fall and winter give buyers more negotiating power
Homebuyers with children tend to abandon their homebuying plans by August because they want to be settled before school starts. National housing data shows that August and September tend to have the most drastic price reductions of any time during the year, Hale says.
Although there’s less inventory in the fall than in the spring, buyers can often get better deals on what is available. Fall is a last-ditch opportunity for sellers to close on their homes before the end of the year. And with fewer buyers coming through the door, sellers tend to price their homes more aggressively to get buyers’ attention, says Bill Gassett, a real estate agent with Re/Max Executive Realty in Hopkinton, Massachusetts.
Aside from nabbing a better price, you might also score more flexible terms in the fall, such as an extended closing time, or home inspection repairs or credits, Gassett says. The longer a home sits on the market, too, the more willing a seller will be to negotiate, he says.”
Complete article posted at https://www.cnbc.com/2018/08/28/these-are-the-best-times-to-buy-a-home-according-to-the-experts.html
Existing home sales on the decline
Existing home sales decline for fourth straight month in July from CNBC.
Details on the Sept. WREIA Meeting – Successful Integrated Marketing For Real Estate Pro’s
I hope you’re enjoying the last few days of summer.
Did yours go by as fast as mine? It feels like just last week I got to catch my breath, and here we are starting school again!
The end of summer also means that it’s time to get back to work. It’s time to push the gas through the end of the year.
And here is the thing – do you sense a change in our local real estate sales? Are we slowly moving from a sellers market to a neutral or even buyers market?
And what does that mean for wholesalers, renovators, agents and mortgage pros?
Mark your calendar for Sept. 17. Reserve your seat and join us for some insight into what’s going on, and how you can sharpen your marketing skills for the coming shift in our industry.
Mark your calendar for Monday evening September 17th. Reserve your seat and join us for networking, a bite to eat, and an evening of insights from a local DC professional investor.
Wells Fargo accidentally foreclosed on hundreds of homeowners
Complete article posted at https://www.cnbc.com/2018/08/07/wells-fargo-accidentally-foreclosed-on-hundreds-of-homeowners.html