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When home prices make a big move -- either up or down -- it usually draws a lot of media attention. Recently, Oakland, Calif., homeowners were treated to the following front-page headline: "Oakland home prices up 43 percent." It sounded too good to be true.
If you read...
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There was a time when caveat emptor, or "buyer beware," ruled in the home buying arena. The burden of discovering property defects was placed wholly on the buyer.
In recent years, there has been a move away from caveat emptor. Instead, many states are requiring sellers to...
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Homes that start off priced right for the market usually sell relatively quickly. The market, however, is continuously changing. So, a list price that might have resulted in the sale of your home several months ago might not result in a sale today.
If your home isn't...
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Today's homebuyers are venturing into territory that was considered off-limits a year ago. In last year's hot seller's market, there wasn't much point in making an offer on a listing unless you were willing to pay the full asking price or more. Now buyers are routinely...
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There are more homes on the market this spring than there were last year at this time. Some homes are taking longer to sell and price reductions are more common. If you’re having trouble selling, what should you do?
Be realistic about the time frame. If your home has only...
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The past couple of years were tough on home buyers. Trade-up buyers who were selling one home to buy another had a particularly hard time. If they needed to sell in order to buy, they couldn’t compete against buyers who could afford to pay all cash. But, if they sold their...
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