Seeing more For Sale Signs? Well maybe not yet, but you will notice more once the visual overload of the political campaign signs come down in a week or so. Inventories of homes continue to grow, and few buyers out there are looking for good deals. Competition is about to accelerate. For many home sellers […]
Buyer Market – Seller Market Part 2
More in other real estate markets than in this market, we hear the term absorption rate used as an indicator of market strength. The absorption rate is simply the number of units sold in a given period in a given area, ie: in the last year, x units were sold in zip 38104. To look […]
The Commission Controversy
I am continually amazed at the widespread criticism of real estate commissions. I would like for the critics to remember that a lawyer who wins a civil case for his client usually gets 33% of the judgment. Managers of musicians get 15-25%. In the world of fine arts the galleries/management take 30-50%. Mssrs. Levitt and […]