Found 2 blog entries tagged as Home Appraisals.

The busiest home buying season of the year is about to arrive, and it has just developed into one of the best times for sellers in years.  A lot is going on, in and around the San Francisco Bay Area, that affects the value of a Piedmont or Oakland home.  Here are some of the elements at work:

1. Lack of Available Homes On the Market--Throughout the Bay Area, the inventory of available homes is extremely low.  This means that motivated buyers are competing against each other for fewer homes. Additionally, it means that home prices are rising dramatically, as buyers compete fiercely against each other to purchase the limited home stock.  An indication is that last year's February's median single family home price in the immediate nine bay area…

1728 Views, 0 Comments

Read Full Post

One of my jobs as your listing agent is to assist you in pricing your home correctly in order to attract the most interest among potential buyers and area brokers.  It is important that you consider the problems that can arise if you overprice any home, whether it be a Piedmont home, a Berkeley home, or an Oakland home.

Here are the basic problems to consider before deciding on your final price. Should you overprice:

a. There Will Be No Showings:  With the Internet available to everyone, today's buyers are very sophisticated as to comparable pricing.  In fact, many real estate web sites will furnish them with comps at the click of a mouse.  They, and their broker, will know very quickly when a house is overpriced.  They will not want to see or…

4394 Views, 0 Comments

Read Full Post