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Short Sales are a tricky beast. There are two sides to the argument when it comes to paying off a loan that you've promised to pay. The first argument is that you've signed a promise to pay and you …
Continue Reading about The Moral Obligation: Repay or Walk? →
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August 2008, a mere 3 years since the height of our most recent over-inflated boom, has come to a close. In August, we saw 5833 properties sell at an average sales price of $254,920. The average …
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Statistics help us know what happened so we might prepare for what could happen based on the patterns we've observed. It is very easy to manipulate statistics to show results that will help us gain …
Continue Reading about Interpreting Statistics: Sold Price vs. Asking Price →
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As of the beginning of the week we had a total of 54,674 homes for sale, including all residential property types. By the end of the day on Sunday, our levels had dropped 1.6% to 53,767. The average …
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As usual, the graphs below, organized by week, outline the activity in the market since the beginning of the year. Inventory for all of ARMLS stands at 54,114 homes with an average asking price of …
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As though we haven't heard this plea enough, it's time for sellers to let go of unrealistic expectations. There are too many people who are testing the market and aren't serious about selling their …
Continue Reading about Do You Want to Sell Your Home or Not? →