All across America the inventory of existing homes for sale has been experiencing a dramatic drop. Here, in Columbia County for example, the existing number of active homes for sale as of May 1st is at 566. One year ago that number was 720. What impact is this having on our local market? To start with the simple law of supply and...No comments.
A recent change of credit reporting practices may be a major help to many first-time homebuyers. Effective July 1st of 2017, the three largest credit reporting companies; Equifax, Experian & Transunion, will no longer be collecting and reporting substantial amounts of information on civil judgments, and tax lien data. By not reporting this type of information many consumers, who in the past...No comments.
There are a lot of questions and concerns about a new administration, and what impact it may have on the overall housing market. This is creating all sorts of responses, and theories. No one knows for certain, but we can look at a number of different early signs to see if we can detect where things may be headed. For...No comments.
Well, here we are at the start of a new Administration and perhaps a new way of doing things. No one can predict what the Real Estate industry can expect in the coming year. One thing that concerned me right from the first few days, was that the president had signed an executive order that removed a decision that was...No comments.
Today with 70% of all Americans on the internet every day we need to accept the reality that just because it’s on the internet doesn’t mean that it is true. A prime example is Zillow Zestimates. Zillow the most popular online Real Estate information site is providing potential sellers and buyers with the market value of everyone’s home. The data...No comments.