Julie Cleland

Is this Real Estate Year Over Yet?

December 20, 2008 · Julie Cleland · 2 Comments

Based on the activity my phone is seeing and on conversations with clients, as well as fellow agents, the answer would be decidedly “NO”.   For many, now is the time to move forward and the holidays are not going to get in the way. 

 Just when many of us in the business thought it was time to ring out a difficult 2008 and ring in an improved 2009, buyers and sellers began to tell us, “Not so fast!”.  In the past week alone I have heard from 3 clients who starting thinking about real estate much earlier in the year and have come to the conclusion that waiting is no longer an option.  Read more

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Lee Ginsburg

Offer Pricing

November 14, 2008 · Lee Ginsburg · 2 Comments

I have several buyers very confused.  They offered the asking price for a Daly City home but were outbid by $50,000.  This is not supposed to happen in a today’s buyer’s market.  The low price is a marketing tool and not a realistic list price.  I explained before making a purchase offer, buyers must determine the true present market value. http://www.pruvoices.com/2008/10/what-is-market-value/   Read more

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Lee Ginsburg

Pricing Homes to Sell in the Bay Area

November 2, 2008 · Lee Ginsburg · 2 Comments

Pricing homes to sell.  Please note I said To Sell” not just “For Sale”. Correct Pricing in today’s Bay Area’s Real Estate Market is more important than ever.  To review market value please check out,   http://www.pruvoices.com/2008/10/what-is-market-value/  Overpriced homes do not get viewed.  They remain on the market for a long time, become stale and even after chasing the market with price reductions usually sell below market value.  Buyers think something is wrong with it; the sellers are frustrated and desperate.  Read more

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Jean Joh

That House Costs HOW Much?

October 13, 2008 · Jean Joh · Comment here

House with price tagDuring my mall shifts at Serramonte & Tanforan Shopping Centers, I often interact with people who are just stopping by out of curiosity as to how much home prices are.  The ones who own homes in this area are usually a little concerned about the value of their own homes.  The ones who are renting in the area are curious to know if the prices are “at bottom” yet and if they should finally start thinking about buying a home.  But it’s interesting to note the response of those who are visiting from out of town or even from another country.  Their response goes something like this, “That house costs HOW much?”

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