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Real Estate

Low interest rates likely in 2015

house real estateThe recent stumble of the housing market recovery has been a head scratcher for many.  Surely low interest rates and an abundant number of homes for sale should have been incentive for any home buyer.  But alas, many have been disappointed by the 2014 housing trends; even with sparse anecdotes of quick sales and bidding wars. 

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New buyer and seller behaviors

house real estateThe National Association of Realtors® annual Profile of Home Buyers and Sellers is characterized as being a survey of home buyers and sellers that reveals “demographics, housing characteristics and the experience of consumers in the housing market, including the role that real estate professionals play in home sales transactions (realtor.org).

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A multi-generational homestead

house real estate“Wait long enough and it will come back in style” is a saying that typically applies to clothing styles and fashion.  And unlike fashion trends, which typically relies on pop culture, fads, and a designer’s vision; home design trends are more practical and rely on changing life styles, advances in building technologies, and the development and/or use of new construction materials.

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Never leave money on the table

house real estateA nagging concern that is often expressed by many home sellers is that they are leaving money on the table; in other words selling for too little.  The dilemma often presented to a home seller is that if the home is priced too high, then there is risk eliminating potential home buyers; while at a lower price, there is risk selling at a less than desirable price.

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