I was contacted by a reader yesterday wanting to know if a property that we have listed for sale was also available for lease. She proceeded to inform me that she had called on the “Craigslist ad” that “we” ran and immediately thought about “real estate scams”, so she was contacting me directly. After checking on the property she was calling about, it turns out it was only for sale. The ad that she found on Craigslist really was a scam. In order to warn my readers
The purpose of the relocation industry is to better facilitate the process of moving people from one community to another. When a local home buyer decides to buy a home, so much of the process of moving is not a big deal. But when a buyer from another community relocates to Tallahassee, many more concerns need to be addressed. A relocation expert will make that process go much smoother.
There is a new leader at CENTURY 21. Richard W. “Rick” Davidson was appointed President and Chief Executive Officer of Century 21 Real Estate on February 19, 2010 after the resignation of Tom Kunz. Mr. Davidson takes the helm of the real estate industry leader after four of the worst years the housing market has [...]
A few weeks ago I wrote a blog about FSU Grads wanting to return to Tallahassee. It discussed the obstacles (jobs) to returning, as well as concerns about current and future home values. The blog was a response to a long-time reader who now resides in Ohio and would like to return one day.
After he [...]
Real estate trend analysis is the process of collecting historical real estate sales information and attempting to spot a pattern, or trend, in the information. If we are vigilant, we can identify trends and trend changes even as they happen. I think we often are surprised with market movements when key trend tracking should have [...]
Today is a short post, inspired by a recent reader question, that allows us to pursue a “statistic” that many “real estate professionals” quote, but few truly understand. Today’s topic is about the relationship between the asking price and the selling price (sales price to list price ratio) of homes that have recently sold.
Recently, a reader asked a question about some of the different nomenclatures that we use in the real estate industry. With so many apparent real estate professionals for people to choose from, it can get very confusing. This is the case with one of our readers “Jeremy,” who asked the following question:
I am a relatively [...]
If you are in the market for a new mortgage loan, whether for buying a home or refinancing a home, then you might have run across a term that is causing great confusion in the real estate market today. The term that I am referring to is “Declining Markets.”
What Is A Declining [...]