YOUR FRIENDS ARE YOUR FRIENDS
The moment that you announce to family members and friends that you’re thinking of selling your house, you suddenly realize that, for years, you’ve unknowingly been living among dozens of real estate experts. You’ll begin to have conversations with experts in pricing and negotiating and staging. Many of them will tell you that the agent that […]
JULY AND AUGUST NEWSLETTER – 2021
We’ve made it halfway through the year and I thought that it would be a good time to look back and analyze what’s been happening in the local real estate market in the past few months. There aren’t enough superlatives available to describe how extraordinary a time this has been. When you think back eighteen months, many […]
MARKET TIMING
There is an ebb and flow to the seasons of the real estate market which are often predictable and important to understand so that sellers can make the most informed and strategic decisions. In years past, January and February were traditionally slower, quieter months. Buyers were huddled in their homes, reluctant to drive through snow drifts and […]
WILL THE MARKET SLOWDOWN REBOUND LATER THIS YEAR?
On January 30, 1969, the Beatles performed on the rooftop of the Apple offices in Savile Row for the very last time. On August 13, 2017, the great Usain Bolt unlaced his Puma running shoes and retired from the sport of track and field after running his very last race. And, on or about May […]
A MARKET SLOWDOWN OR BRIEF RESPITE?
For months, I’ve been speculating that the white-hot, incendiary housing market might begin to cool down sometime around Memorial Day. I wasn’t suggesting that local conditions were suddenly going to transition in such a way that it would become a buyers’ market. It will absolutely remain a market benefitting sellers for the next couple of […]
WILL PAINTING MY HOUSE INCREASE VALUE?
Painting the Interior of Your House Adds Value! If you’re looking to quickly increase the value of your property in preparation for sale, one of the most affordable & cost-effective ways to do so is to paint. Of course, you can hire somebody to paint for you. However, if you’re looking to save money, why not do […]
WHEN WILL THE LOCAL REAL ESTATE BUBBLE BURST?
It’s the first day of the workweek and today has played out exactly like the fourteen Mondays that have preceded it. Today was the day that offers were due on a property that my team and I listed for sale last week. Buyers’ agents had until noon to submit their best offer. Our transaction coordinator, […]
BIDDING WARS & THE KENTUCKY DERBY
May 3rd, 2021 This past weekend, in a surprise victory, Medina Spirit thundered across the finish line at Churchill Downs and captured the Kentucky Derby’s Winners Trophy. The owners, trainer, and jockey overcame odds that bookies had set at 12-1 and celebrated what they had assumed was going to be a lost effort. Their elation […]
HURD ORCHARDS
It’s 5:15, sometime in the first ten days of November, and I get behind the wheel of my car and drive West to the village of Holley. I’ve made this forty-five minute journey on more than twenty occasions and the ritual has become part of the rhythm of my life. I pull into the stone paved […]
MARCH REPORT
Of late, I’ve been thinking a lot about Icarus. You know- the nascent aviator who ignored his father’s warnings and flew too close to the sun before plummeting to his death? His tale is often cited as a cautionary parable about the dangers of hubris or excess. Remarkably, the wisdom of Icarus’ father, Daedalus, resonates through the […]