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Real Estate, Zillow

Homes selling above list price fall to 3-year low

By Mike Wheatley | February 11, 2020
As the housing market returned to normal after a frenzied couple of years marked by intense bidding wars in many markets, the smallest share of homes sold for above their list price last year than in any year since 2016. Home value growth slowed throughout 2019 to a rate more in line with historic norms […]
Home Sales, US Real Estate

Fewer homes are selling above list price

By Mike Wheatley | February 6, 2019
The amount of homes that were sold above their listing price fell each month in the second half of 2018, with December seeing the biggest month-over-month drop since at least 2012, Zillow reported. Experts interpret it as another sign of a slowdown in the housing market. Just 19 percent of home sales in the U.S. […]
Home Buying, US Real Estate

Is "just below" a better home pricing strategy?

By Mike Wheatley | August 15, 2016
Listing prices should be set just below whatever round number you have in mind, according to a new study published in the Journal of Housing Research.
Coaching, Real Estate Resource, US Real Estate

No Luck Selling?

By Mike Wheatley | June 4, 2012
As a realtor, there’s little doubt you’ve already experienced that ‘lingering’ feeling, when the attention from possible buyers starts to wane, and viewings grind to a halt. It’s the time when the seller starts panicking and calling you every other day, wondering whether their home will ever be sold, and even you may begin to lose faith…
Real Estate, US Real Estate

Appraisers Hit Back at Critics

By Mike Wheatley | January 20, 2012
“Don’t shoot the messenger” reads a new message from the Appraisal Institute, which has asked those involved in real estate deals not to blame appraisers when a contract falls through based on a property’s values.
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