Source: Greater Fairfield County CMLS, HOUSES Sold = Single Family, Multi-Family, Condo/Co-Op
…there I’ve said it.
I’ll say it again…I find mortgages confusing.
Probably not the greatest thing for a Realtor to say but, my feeling is that, if I am confused, there are probably many people confused.
So, I hunted down this infographic to help map things out.
It’s basic, but helpful.
Sorry I have been missing-in-action for past couple of days…I have been working my fingers to the bone!
Real estate is NOT for the faint of heart.
The median home price was $75,200 in 1985?!?
Wow…I graduated from college in 1985.
1985 seems soooo long ago.
If I only knew then what I know now, I would have figured out a way to buy 10 houses
I just listed a fantastic house for a GREAT price.
In my humble Realtor opinion, pricing your house for sale is the MOST nerve-racking part of the whole sales process.
The seller of my new listing is very savvy and when she sells a home, she doesn’t get too wound up in what she paid vs. her profit vs. what the current buyer mentality might be.
She makes things pretty simple…she looks at all the comparative houses for sale and then prices her house better.
She simply tries to be the obvious choice to buy.
She’s pretty smart.
In the article, Michael Seiler, a professor of real estate and finance at The College of William & Mary, said that most home buyers don’t realize that setting an asking price is primarily a negotiating tactic. “When you set a list price, you’re sending a signal to the market,” he says.
That’s what my client tries to do…send a signal…she has the best property for the best price and that she is a very reasonable seller.
What buyer doesn’t want to deal with a very reasonable seller?
As I said, pretty smart.
Last night I was catching up with my brother on the phone and I inquired as to whom would would host Thanksgiving. We always trade off between our house and his.
We reached no conclusion, but after I got off the phone, my mind immediately focused on the fact that my house has no dining room. We did that intentionally, but nonetheless there are two days a year it bugs me…Thanksgiving and Christmas Eve.
She and her husband were profiled on One Kings Lane recently and they discussed a renovation of their new home (which is stuhhninggg, btw).
In the profile they said…
“When they redesigned the house, Gen and Ben made the strategic decision to have a large kitchen, a living room that would be somewhat on the smaller side, and no formal dining room. This updated layout could be the blueprint for modern family living: Everyone gathers and eats in the kitchen, and the living room feels cozier with a single sitting area, unlike a more formal living room that might have two or three sitting areas.”
Do I still wish I had dining room for Thanksgiving? Of course!
Does it make me feel a bit better knowing someone so stylish made the same decision I did? Of course!
It’s the little things like this that get me through the day
I posted this on my other blog, Front Door Freak, and after thinking about it, I felt it might make a nice post here as well.
Last week my family and I went on a walking tour of historic homes in our area.
As I was leaving one of the homes, I spied this antique door knob…
The house, built in 1700, literally sits right across the street from where Benedict Arnold rounded up the troops to prevent the British from getting to their boats after the Battle of Ridgefield.
The tour was informative, the antique homes were stunning and that door knob was a show stopper!
They don’t make them like that anymore!
Since I started my other blog, Front Door Freak, I really haven’t featured any pretty front doors here.
But, pretty front doors really do help sell real estate.
Soooo…today I feature a pretty front door!
You can look at many other pretty front door colors I have featured