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What is Trulia?
Matthew Haber
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Pricing Isn't Everything - It's The Only Thing
Matthew Haber
Contributing writer and MSC agent Hannerle Moore published the following article in the July 3, 2009 edition of the Longboat Key News:
As good or as bad as it may be at anygiven time, one simple truism alwaysdefines the real estate market: It is whatit is. Not what it was. Ignore this verybasic axiom at your own risk.What the market is as we pass themidway point of 2009 is an uncommonlyrobust buyers’ market. That means if yourgoal is to sell your home within any sortof reasonable time frame, buyers mustfirst detect real value when comparingyours against similar properties.Four and five years ago, exactly thereverse was true. Sellers were in totalcommand of the market. Inventory waslow, demand was uncommonly high andprices soared as a result. Sellers simplyhad to price their homes in line withrecent sales and they would find buyerswithin days, if not hours. Frequently theywould net more for the property than itsoriginal list price when interest amongcompeting buyers erupted – as it so oftendid – into bidding wars. Would-be buyersAs good or as bad as it may be at any given time, one simple truism always defines the real estate market: It is what it is. Not what it was. Ignore this very basic axiom at your own risk.
What the market is as we pass the midway point of 2009 is an uncommonly robust buyers’ market. That means if your goal is to sell your home within any sort of reasonable time frame, buyers must first detect real value when comparing yours against similar properties.
Four and five years ago, exactly the reverse was true. Sellers were in total command of the market. Inventory was low, demand was uncommonly high and prices soared as a result. Sellers simply had to price their homes in line with recent sales and they would find buyers within days, if not hours. Frequently they would net more for the property than its original list price when interest among competing buyers erupted – as it so often did – into bidding wars. Would-be buyers simply had no other choice than to yield to sellers; or stay on the sidelines. (More …)
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The Exploding Internet
Matthew Haber
The Internet 2008 charts the usage of the web by prime geographic region and its growth over time. It also examines what Internet users are doing with their time online.
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Source: NewScientist.com
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Sale vs. Sold in Charlotte County 2007-2009
Matthew Haber
In the last two years, in Charlotte County:
- The number of homes “For Sale” dropped by -33.9 %
- The number of homes “Sold” increased by 46.2%
- The number of sales “Pending” increased by 73.4%
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Competitive Volume Chart for Manatee County Over $1 Million
Matthew Haber
Total Sales in Volume Market Share for $1 million and above in Manatee County over the last 12 months:
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Competitive Volume Chart for Sarasota County for All Price Points
Matthew Haber
Total Sales in Volume Market Share for all price points in Sarasota County over the last 12 months:
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