What Does "The Market Is Back" Really Mean?
What Does "The Market Is Back" Really Mean?
What happens a seller tells you "The market is back", and uses it to justify unrealistically high prices on their listing? Yes, today's market is improving, and most homes are worth more because of it - but what does MORE actually mean? It could mean unrealistic seller expectations, so in today's episode we're going to talking about the reality of today's improving real estate economy and how to approach a client that is clearly over priced but isn't seeing it. Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTunesListen on Stitcher Learn more about your ad choices. Visit megaphone.fm/adchoices
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What happens a seller tells you "The market is back", and uses it to justify unrealistically high prices on their listing? Yes, today's market is improving, and most homes are worth more because of it - but what does MORE actually mean? It could mean unrealistic seller expectations, so in today's episode we're going to talking about the reality of today's improving real estate economy and how to approach a client that is clearly over priced but isn't seeing it.
Schedule A Free Coaching CallVisit...
What happens a seller tells you "The market is back", and uses it to justify unrealistically high prices on their listing? Yes, today's market is improving, and most homes are worth more because of it - but what does MORE actually mean? It could mean unrealistic seller expectations, so in today's episode we're going to talking about the reality of today's improving real estate economy and how to approach a client that is clearly over priced but isn't seeing it.
Schedule A Free Coaching CallVisit...
Some Highlights
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, theyโd use their tools and influence to slow down the economy. All of this brings up many fears and questions around how it might affect our lives, our jobs, and business overall. And one concern many Americans have is: how will this affect the hou...
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, theyโd use their tools and influence to slow down the economy. All of this brings up many fears and questions around how it might affect our lives, our jobs, and business overall. And one concern many Americans have is: how will this affect the hou...
In investing, a bear market symbolizes a deep and sustained selloff in the market. Investors should be aware of the changing market cycles.
Table of Contents What Is a Bear Market? Bull vs. Bear Market: Where the Differences Lie What Does a Bear Market Mean in Real Estate? Are We in a Bear Market? Why Real Estate is the Best Investment in a Bear Market What Real Estate Investment Strategies Are Best in a Bear Market Conclusion Investment markets are ever-changing and complex. In order to make i...
In investing, a bear market symbolizes a deep and sustained selloff in the market. Investors should be aware of the changing market cycles.
Table of Contents What Is a Bear Market? Bull vs. Bear Market: Where the Differences Lie What Does a Bear Market Mean in Real Estate? Are We in a Bear Market? Why Real Estate is the Best Investment in a Bear Market What Real Estate Investment Strategies Are Best in a Bear Market Conclusion Investment markets are ever-changing and complex. In order to make i...
Mortgage deals are being pulled by banks and building societies after the fall in the pound fuelled expectations of an emergency interest rate rise. So whether you are a first-time buyer or looking to remortgage what does the mortgage market turmoil mean for you?What has happened?Hundreds of mortgage deals have been withdrawn by banks and building societies as they digest the fallout from last weekโs mini-budget which has altered the outlook for interest rates.The countryโs largest mortgage ...
Mortgage deals are being pulled by banks and building societies after the fall in the pound fuelled expectations of an emergency interest rate rise. So whether you are a first-time buyer or looking to remortgage what does the mortgage market turmoil mean for you?What has happened?Hundreds of mortgage deals have been withdrawn by banks and building societies as they digest the fallout from last weekโs mini-budget which has altered the outlook for interest rates.The countryโs largest mortgage ...
About Base Pay When you are looking to take a mortgage to buy a new home or refinance your current mortgage, your lender will qualify you based on a few parameters like loan-to-value, Debt-to-income, and credit score.ย To calculate debt to income, the lender would require your monthly debts and your income.ย One of the things that your lender will consider while analyzing your income is your base salary. In this post, we will understand what is base pay in detail.ย What Does Base Pay Mean? Ba...
About Base Pay When you are looking to take a mortgage to buy a new home or refinance your current mortgage, your lender will qualify you based on a few parameters like loan-to-value, Debt-to-income, and credit score.ย To calculate debt to income, the lender would require your monthly debts and your income.ย One of the things that your lender will consider while analyzing your income is your base salary. In this post, we will understand what is base pay in detail.ย What Does Base Pay Mean? Ba...
As the saying goes, teamwork makes the dream work. This has never been truer than in construction where collaboration between multiple project teams throughout a projectโs lifecycle is essential to moving projects forward through completion. Nonetheless, the โdreamโ is often not reality. In fact, 60% of general contractors see problems with coordination and communication between project team members as a key contributor to decreased labor productivity. Additionally, according to research f...
As the saying goes, teamwork makes the dream work. This has never been truer than in construction where collaboration between multiple project teams throughout a projectโs lifecycle is essential to moving projects forward through completion. Nonetheless, the โdreamโ is often not reality. In fact, 60% of general contractors see problems with coordination and communication between project team members as a key contributor to decreased labor productivity. Additionally, according to research f...
New York renters are feeling the squeeze, with rents in Manhattan up 32 percent in April from the same time a year ago, according to a report, and housing courts busy as evictions resume after a pandemic moratorium. Some renters are wondering: Is there any relief? Tenant advocates say yes, pointing to a bill introduced last year in the New York State Legislature called Prohibition of Eviction Without Good Cause. But what is โgood cause eviction,โ and what would it mean for renters and landlo...
New York renters are feeling the squeeze, with rents in Manhattan up 32 percent in April from the same time a year ago, according to a report, and housing courts busy as evictions resume after a pandemic moratorium. Some renters are wondering: Is there any relief? Tenant advocates say yes, pointing to a bill introduced last year in the New York State Legislature called Prohibition of Eviction Without Good Cause. But what is โgood cause eviction,โ and what would it mean for renters and landlo...
Might shrink the buyer pool but could boost ARMs.
Might shrink the buyer pool but could boost ARMs.
Webster's Definition: An obligation or willingness to accept responsibility or to account for one's actions.
Generally speaking, you get a bill for these items.ย You have a couple day grace period, but if you screw up, someone takes something away from you.ย Thus, you figure it out one way or another each and every month. This is basic survival in real estate... you hopefully figure out how to cover your required, externally accountable bills.
In the Real Estate Treasure Map, this is covered...
Webster's Definition: An obligation or willingness to accept responsibility or to account for one's actions.
Generally speaking, you get a bill for these items.ย You have a couple day grace period, but if you screw up, someone takes something away from you.ย Thus, you figure it out one way or another each and every month. This is basic survival in real estate... you hopefully figure out how to cover your required, externally accountable bills.
In the Real Estate Treasure Map, this is covered...