Every year we experience seasonal cycles that influence the Real Estate Market. This is evidenced by the number of homes that sell above their list price.
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Remember when rates were peaking and Christina said “Marry the Home, Date the Rate”? Well, we had some clients who did just that and they’re sure glad they did!
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Given all of the division and negativity around us, Matt was inspired to read the book “A Team of Rivals” about Abraham Lincoln’s presidency. He was looking for clues on how, during the most divided time in American History, our President was able to unite a divided North and bring the Confederacy back into the Union.
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We love walking our dogs around our neighborhood, especially past a particular house with the most stunning yard. The owner is always out there, updating her garden and decor with the changing seasons. It truly reflects her pride of ownership, and it always feels so inviting. Her home is a perfect example of how refreshing your landscaping can boost your home's look and the feelings it generates as people walk and drive by.
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The Seller's market continues AND continues to defy gravity! Throughout April we saw an increase in "bidding wars" on the Eastside with 59% of homes selling above list price. While this can be exciting news for home sellers, there is some cause for pause as 17% of homes under contract in April did not close.
The Market continues to be a tale of two cities. There are few homes for sale relative to the many buyers in the market. As a result, we're experiencing a red-hot seller's market where over 80% of homes are selling in two weeks or less.
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The market is much warmer than the weather…watch Christina’s video update for more details!
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The Real Estate market often experiences seasonal shifts. For example, as we head into Fall the housing market tends to cool with the weather. Despite this traditionally seasonal cooling and also the highest interest rates in over 20 years, the Market still remains relatively strong for sellers.
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Okay enough about that, we're actually talking about the Real Estate headlines and how misleading they've been this year. We're truth tellers here at Team Skally…
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For those that have gotten to know us, you already know we love traditions and creating memories with those around us. Many of you have heard stories about our pizza nights, Skally Olympics, and Turkey Bowl, just to name a few.
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Team Skally Reports It's All About Supply & Demand. In other words…
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How’s The Market? It’s a “Tweener”!
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Based on our title you probably thought we were going to share tips on how to improve your home’s energy efficiency…well that isn’t the case! Perhaps someday we’ll write about that, but this article is focused on leveraging the principles of Feng Shui to maximize the energy you feel in your home.
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The traditional seasonal cooling is reflected in the median sold price on the Eastside dropping nearly 3% month over month. The longer view demonstrates that Homes are still selling for way more than they were two years ago, 24% to be exact!
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Hi, Neighbors, aren’t we all challenged with Brain Overload these days? It seems like our brains are like computer hard drives, they only have so much capacity! And why use that limited capacity to store information that technology can easily store for us?
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