Overall is the key word, as the overall decline in mortgages that are "underwater" or "upside down" is near 20% in comparison to one year ago, be aware that this is countrywide and any specific area could still have a great number of "shortsale" properties - talk to your realtor when looking to buy and /or sell , as every location is different and real estate is LOCAL.
http://rismedia.com/2014-10-01/only-10-7-percent-of-all-mortgaged-homes-still-underwater/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews
Thursday, October 2, 2014
Saturday, September 27, 2014
Sunday, June 22, 2014
Thursday, May 8, 2014
SUPPLY and DEMAND in todays market!
Supply and Demand is happening in our Rhode Island real estate market-
The price of any item is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
Today, we have a lot of buyers looking and they are reporting back " there is nothing out there that is any good" and if it is " its gone in 2 days".
If you are a seller and contemplating putting your home on the market, DO IT NOW,
before all your neighbors do and you will get more for your place, its quite simple,
SUPPLY IS DOWN and DEMAND IS UP!
this could all change in a few weeks or a month when everyone else puts their home on the market. Get to it!
The price of any item is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
Today, we have a lot of buyers looking and they are reporting back " there is nothing out there that is any good" and if it is " its gone in 2 days".
If you are a seller and contemplating putting your home on the market, DO IT NOW,
before all your neighbors do and you will get more for your place, its quite simple,
SUPPLY IS DOWN and DEMAND IS UP!
this could all change in a few weeks or a month when everyone else puts their home on the market. Get to it!
Tuesday, May 6, 2014
Thursday, March 20, 2014
Wednesday, March 19, 2014
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