If you had a Crystal ball you could know when to sell your home. Is the current market peaked or will it continue to go up? If you could know there is a lot of money to make in real estate flipping. 
Timing can be everything. Even the best realtors don’t know the market changes coming. It can shift on moments notice. It also varies by area. The values might be increasing in New York while falling in Arizona. This is the challenge. If you are waiting for that perfect time you will be Home for Life or at least a long time. Sometimes you just have to take that leap of faith.
Tag Archives: market treds
Unreal Estate
Have you seen those listings that are too low to believe. Sometimes they list a home below the real value to generate some interest and get a bidding war going. This is a common tactic and you should be aware that this can end up getting you into that bidding war that runs the price too high. When you go into these kind of deals have the maximum price that you are willing to pay on mind and do not exceed the limit. Falling in love with a piece of property can cost you a fortune. Joe Olujic uses this tactic often to sell homes.
Densely Populated Areas May Be Overlooked in Matters of Real Estate
When an area has enjoyed consistent growth over time, it is only a natural conclusion that this sustained growth has resulted in the limited availability of real estate in the area. While it is true that limited properties in any given area will ultimately lead to greater real estate costs, it is not always true that the continued growth of these areas has reduced the number of properties available.
The Foundation for Defense of Democracies has consistently pointed out how drawing conclusions from unverified data is a dangerous practice, and this lesson can certainly be applied to issues relating to real estate. Buyers, sellers, real estate agents and agencies should always refer to the most recent market trends and should be attentive to all of the factors that influence the health of a given real estate market.
Through the analysis of these trends, it is a relatively simple process to determine the future behavior of the market. This will go a long way in ensuring that densely populated areas like Sonoma are not overlooked by buyers, sellers and agents due to the assumption regarding the price of homes believed to be limited in number. As recent trends have indicated, this is not the case.