Fair Market Value Pushed Up by Shrinking Inventory
The fair market value of home prices is determined by supply and demand. That is fundamental economics. But something unique is happening to Sequim and Port Angeles real estate prices that you may want to know. When supply decreases over a period of time and demand remains steady, prices will be pushed up. That’s logical, but there’s another
Possibly Related Posts:
- Are Buyers Competing to Bid Prices Up?
- Sequim Real Estate Market
- When Home Sellers Chase the Price Down
- Sellability and Appreciation
- Sequim Home Prices Compared to Other Areas
- Published in Buyer's Market, Sequim Real Estate Prices
Is Sequim Reaching the Tipping Point?
Sequim is approaching a tipping point in the real estate market, and we may be there now. There is actually more than one tipping point, but they are both connected. This has so much relevance for buyers today. Over a year ago I wrote that Sequim real estate prices had stabilized over the previous year, and
Possibly Related Posts:
- How Do I Sell My Home? Free Book for Sellers in Sequim
- Homeowners Seminar in Sequim
- December in Sequim
- Fair Market Value Pushed Up by Shrinking Inventory
- Buyers Lose as They Procrastinate for Days or Weeks
- Published in Buyer's Market, Selling Real Estate in Sequim and Port Angeles
Buyers Lose as They Procrastinate for Days or Weeks
Buyers lose in Sequim every week as other buyers move in ahead of them and submit an offer first. It wasn’t like this during the past six or seven years of the recession. We always had plenty of time, and taking days or even a couple of weeks to make a decision on an offer
Possibly Related Posts:
- Fair Market Value Pushed Up by Shrinking Inventory
- Is Sequim Reaching the Tipping Point?
- Sequim Washington is Growing
- Buyer Tips in a Buyer’s Market Part 3
- Super Buyer’s Market with Real Estate Market Collapse
- Published in Buyer's Market
Sequim Washington is Growing
Sequim Washington is growing even in this national recession. How is that possible? Sequim is a very healthy little economy. One of the reasons it is a healthy economy is because Sequim has been a retirement community for decades, and the retirees who move here tend to be conservative financially, and have not refinanced their
Possibly Related Posts:
- 10 Reasons Not to Move to Sequim
- Top 10 Reasons To Retire in Sequim WA
- Top 10 Reasons to Retire in Sequim WA
- Sequim Surveys
- Why is Sequim One Of The 10 Best Places To Retire?
- Published in Buyer's Market, Retire in Sequim
Buyer Tips in a Buyer’s Market Part 3
This is the third in a series of Buyer Tips in a Buyer’s Market. Sellers are making some big mistakes in this market, and a buyer who is fully informed and knows how to intelligently negotiate will have a huge advantage in this market. In part 2 of this series of Buyer Tips, I wrote,
Possibly Related Posts:
- Chuck Marunde Shares Personal Note
- How Does a Buyers Agent Work?
- Sequim Real Estate Market
- Exclusive Buyer’s Agent – The Most Experienced in the Northwest
- How Can a Buyer Find a Home in Sequim?
- Published in Buyer's Agent, Buyer's Market
Super Buyer’s Market with Real Estate Market Collapse
We are in a buyer’s market with the real estate market collapse. While that might be obvious, it is much more of a buyer’s market than many realize. This is what I would call a Super Buyer’s Market. But it’s not a buyer’s market for any buyer. Mortgage financing has gotten much more difficult to
Possibly Related Posts:
- Fair Market Value Pushed Up by Shrinking Inventory
- Is Sequim Reaching the Tipping Point?
- Buyers Lose as They Procrastinate for Days or Weeks
- Sequim Washington is Growing
- Buyer Tips in a Buyer’s Market Part 3
- Published in Buyer's Market
Lowest Mortgage Interest Rates in 50 Years
Click on Image to Enlarge In the early 1960’s a loaf of bread was 35 cents, a dozen eggs 50 cents, a gallon of milk 75 cents, and a postage stamp was only 5 cents. A 30 year fixed rate mortgage was in the 5% range. Today that same mortgage interest rate is
Possibly Related Posts:
- Fair Market Value Pushed Up by Shrinking Inventory
- Is Sequim Reaching the Tipping Point?
- Buyers Lose as They Procrastinate for Days or Weeks
- Sequim Washington is Growing
- Buyer Tips in a Buyer’s Market Part 3
- Published in Buyer's Market
Do Sequim Realtors Say It’s Time to Buy?
Sequim Realtors have differing opinions about the timing here: is now the time to buy a home or should a person wait for a while? Someone once posted a comment that Realtors always say it’s time to buy. Well, there’s some truth to that, but it’s not true. I’m more interested in
Possibly Related Posts:
- Sequim Realtor Publishes New Book
- How to Choose a Real Estate Broker
- Who is Daniel Binswanger?
- The Reason to Buy a Home Now – Stock Market Collapse
- Fair Market Value Pushed Up by Shrinking Inventory
- Published in Buyer's Market, sequim realtor
What the Market Crash Taught Me About Real Estate
The real estate market has taken a serious beating these past months, and the U.S. economy appears to be chaotic at best. I’ve been watching real estate cycles for 30 years, and I’ve learned four important lessons in this market. Lesson Number 1. The national real estate market has very little to do with a
Possibly Related Posts:
- Sequim Real Estate Videos Organized in an EBook
- The Six Steps to Finding Your Sequim Home
- Real Estate Books
- When is Early Possession Safe for a Home Seller?
- Sequim Real Estate: How do I find a Home in Sequim
- Published in Buyer's Market, Sequim Real Estate
Buyers Asking, “Should I Buy Now?”
Buyers are asking if they should buy now or wait, whether we are at a bottom in prices or have further to drop. It’s a logical question, one that investors in the stock market are asking with great fervency lately. In an earlier article entitled Distinguish the Market and One House I wrote: When
Possibly Related Posts:
- Fair Market Value Pushed Up by Shrinking Inventory
- Is Sequim Reaching the Tipping Point?
- Buyers Lose as They Procrastinate for Days or Weeks
- Sequim Washington is Growing
- Buyer Tips in a Buyer’s Market Part 3
- Published in Buyer's Market
Buyer’s Market and Cash is King
Buying a home in Sequim or Port Angeles? In 30 years in real estate I have not seen a buyer’s market like this. I recently wrote a comment on another forum saying it is definitely a good time for qualified buyers to buy a home. Another forum contributor writing under the name
Possibly Related Posts:
- Fair Market Value Pushed Up by Shrinking Inventory
- Is Sequim Reaching the Tipping Point?
- Buyers Lose as They Procrastinate for Days or Weeks
- Sequim Washington is Growing
- Buyer Tips in a Buyer’s Market Part 3
- Published in Buyer's Market