Tag Archive for: pricing a home for sale

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Is a record home price on the way for Orange County?

We’re darn close to a new record median home price for Orange County. CoreLogic reported that for the 22 business days ending Oct. 21, Orange County’s median selling price for all residences was $661,000 – up 9.3 percent compared with…

Why American Millennials are waiting longer than ever to buy first homes

By Josh Boak, AP Economics Writer Short of cash and unsettled in their careers, young Americans are waiting longer than ever to buy their first homes. The typical first-timer now rents for six years before buying a home, up from 2.6 years…

The source of home price movement: buyer purchasing power

Buyer purchasing power is the single largest influence on home prices. When buyer purchasing power falls, home prices are sure to follow. When purchasing power rises, the outlook for future pricing is good. The buyer purchasing power index…
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Housing by the numbers: Something is weird

Homes are selling at a faster clip this spring, but something still isn't quite right in housing. Thanks to the epic real estate crash of the last decade, market watchers and reporters now have a whole cottage industry of data providers to…

Appraiser Group Offers “Feasibility Study” to Test Value of Home Improvements

Appraisers think homeowners should get opinion on future value before major remodeling projects. The appraisal industry is pushing a new product aimed at homeowners considering a major home improvement: a feasibility study analyzing what…
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Price your house to sell quickly

If home lacks features of recent comps, it's time to subtract value A first-quarter survey of homebuyers and sellers done by HomeGain.com, a real estate services website, revealed that 76 percent of homeowners believe their home is worth…