What is My Home Worth
The Santa Clarita real estate market has had a pretty good summer so far. Condos are up $15K from the previous month, and the median price of single family homes are holding steady at over $500,000.
Interest rates, despite fears of being raised by the Fed, are actually once again below 4 percent. Available homes for sale still falls slightly short of statistical averages (881 homes available for sale in July, according to the Southland Regional Association of Realtors). So why on earth should you still plan a sales strategy for your home if it’s just going to be gobbled up by scores of buyers? Continue reading
National real estate website CEO admits to median error rate for automated home value estimates.
The Internet has truly changed the real estate industry. It doesn’t seem so long ago when home buyers and sellers had to rely on print media for their information, which in many cases could be outdated by press time.
Even real estate agents had it tougher before the days of the World Wide Web when they carried around giant folders filled with what were the latest listings and industry stats…again, often outdated by the time the refilled their books.
Now, as we’re firmly ensconced in the 21st century, we all (Ourselves included) rely heavily on the web for our information, real estate and otherwise. Modern technology has transformed not only the way we do business, but also for the way buyers and sellers receive their information that helps them to make decisions that affect the outcome of their real estate goals. Continue reading
A customized Comparative Market Analysis helps to assess Fair Market Value of your home.
“How much equity do I have in my home?”
“How much should I offer on this home for sale?”
These are popular (and very valid) questions for real estate professionals that are asked by buyers and sellers alike. Understanding how homes are valued can help both to gauge their level of success when it comes to buying or selling a home. For a seller, pricing their home too high will result in their property languishing on the market. For buyers, offering too little will usually result in a counter offer at a higher price, or a rejection altogether by the seller. Continue reading