Why are listings priced like grapefruit?

Why are listings priced like grapefruit?
Real estate agents price homes like produce in a super market. They go into a listing presentation and they close the deal. Everyone agrees the home is worth $300,000 so the agent suggests that they put it on the market for $299,900. Everyone knows the psychological advantage of slipping under [...]

Bricks, mortar, fear mixed up in a new real estate chess match and stalemate means no check.

Bricks, mortar, fear mixed up in a new real estate chess match and stalemate means no check.

O.K., I think I have figured out our current market. Everyday I check the multiple listings to see what is new on the market, what has been marked down and who has given up trying to sell. It is [...]

What….me worry?

What, me worry?

The Washington Post continued it’s attack on the housing market this morning. Those of us that work in real estate have watched the market change from optimistic to “running scared” as the Post has continued to print articles predicting a burst of the housing bubble. Today’s offering, under full color photo, questioned the [...]