Market Update | May 2010

Market Update | May 2010

May 30, 2010

May 2010 provided our first month of data after an extensive 18-month tax credit party. And the hangover has apparently set in. The tax credit clearly propped up sales, so they predictably took a substantial dip a month after it expired. Pending Sales decreased 26.8 percent compared to last May to 1,598 purchase agreements signed. Keep in mind that closed sales...

6 Mistakes Tenants Make

1. Use a Realtor when leasing. If you are moving into an Apartment it may make more sense to use an apartment location, but either way it is important to have representation.  It does not matter how many times you have moved, if you are not a licensed professional you should hire one.  You should not expect the agent leasing you the house to represent you. ...

Real Estate or Fake Estate?

About once a week I get a call from a client who wants to see a house they found on craigslist. At first I am ecstatic! Is this is the house that they have been looking for? Is it everything and more then my client wants? All I have to do is show it to them and write the deal. What a good day this turned out to be. Then reality sets in. The reality is that...