In today’s market, 25 percent of all pending home sales never close. The buyer and seller have successfully negotiated the pricing and terms for the home purchase and sale, but somewhere before completion of the sale, the transaction falls apart. It is disheartening and costly to market the home, find an interested party, and successfully… Read more »
After several years of above average economic and home price growth, 2018 marked the beginnings of a slowdown in the residential real estate market. However, the characteristics of this approaching downturn indicate a market correction, not a bubble-burst, as some fear. Sales started to slow late last summer as we breached affordability limits and some… Read more »
I was a college student when my parents announced to me and my three brothers that they were selling our house. I had lived since age six in this home up the Chambers Street hill in south Eugene. Upon hearing the news, I remember telling my mom that they may as well sell Christmas, too,… Read more »
Buying or selling a home is a huge life event. For this reason, take the time to hire the right counsel for the job. Realtors play a critical role in the transaction, ideally maximizing your opportunities in the market while minimizing your risks. Consider what the consumer is asking of the Realtor. Realtors must predict… Read more »
General perception holds that the Internet has made it much easier to find a home to buy and to market a home for sale. It is true that online listings now make it easier for consumers to pre-sort available homes by location, price, and number of bedrooms and baths. However, by limiting the home search… Read more »
In a sellers’ market, where buyers feel fortunate to find a home that meets their family’s needs, buyers must resist the temptation to waive any part of the due diligence process to secure their purchase. The due diligence portion of a standard residential Realtor sales agreement (Oregon Real Estate Forms) offers the buyer a window… Read more »
One of the greatest challenges, when it’s time to sell your home, is the preparation of the home for sale. Today’s buyers will pay more for a home that is turnkey ready, but what if your home needs some work? Gone are the days where buyers preferred a carpet allowance to replace that unsightly carpet… Read more »
Frequently I am asked if there is a best time to sell your home during the year. The answer is generally, yes. The best time to list your home for sale is when the most buyers are buying and the fewest sellers are selling (high demand and low supply). When is the best time to… Read more »
Lane County’s current real estate market is great fun for sellers and wrought with challenges for buyers. We seldom experience a perfectly balanced buy/sell market. But how do you navigate this kind of market when your goal is to sell and immediately buy? How to upsize or downsize in Eugene and Springfield, OR It is… Read more »
Your home was once the perfect house for you and your family, but it no longer fits the way you live. Things changed; the kids moved out, the staircase became more of an obstacle than a thoroughfare, and those little-used spaces started to seem illogical to heat, dust, vacuum and insure. I have helped many… Read more »
