Market / 13 posts found

Gauging the Luxury Market

by paulmcdonald
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Gauging the Outlook for the Luxury Housing Market Reposted from The Washington Post | by Troy McMullen | May 7, 2020 When it launched condominium sales in February, the Towers of the Waldorf Astoria in Manhattan was already girding for market headwinds. After years of excess, home sales on the island were slipping, declining in eight of the past nine quarters, according to housing data from Miller Samuel Real Estate Appraisers & Consultants. Amid a glut of new luxury towers and a shrinking foreign-buyer pool, sales in the fourth quarter of 2019 reached its lowest level in the past decade. Developers of […]

California: The Hottest Market of 2017

by paulmcdonald
The Hottest Real Estate Market for 2017: California With home sale prices rising all across the nation, it’s interesting to look back and see which state dominated in 2017. California was the state with the most cities on the list of the hottest real estate markets. This was based on the highest selling price, highest percentage increase for sales price from 2016 to 2017 and many other factors. Out of the top 20 spots on the list of 100 hottest real estate markets, 10 were found in California. Here’s a look at the hottest real estate markets from last year. […]

Top Real Estate Lessons from the Wealthiest Zip Codes

Top Real Estate Lessons from Wealthiest U.S. Zip Codes Have you ever wondered what the wealthiest zip codes around the country are doing right? What makes a property more luxurious than another? You can learn much from the wealthiest US zip codes and how the elite want to spend their money. Many times the elite are actually so wealthy because of their investments in the real estate world, which begs to ask the question, what lessons can I learn on their successful investments? Take a look at the top lessons you can learn. Learn to make a passive income There […]

Hiring a Real Estate Agent for New Construction

by paulmcdonald
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Should I Hire a Real Estate Agent for New Construction? When you’ve decided to buy a new construction home, you may be wondering if you really need to work with a real estate agent. New construction homes are a popular choice for those that prefer to buy something new, but the common misconception is that you don’t need to work with a realtor during this type of purchase. Despite buying new, you still need representation. Take a look at why you need to hire a real estate agent during this type of purchase. Why do people think they don’t need […]

Top Secrets Your Broker Won’t Tell You

by paulmcdonald
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Top Secrets Your Real Estate Broker Won’t Tell You Do you ever feel like real estate brokers have something to hide? Your feeling isn’t wrong because many real estate professionals know secrets about the process that they choose not to share with you. For example, they know that you can technically do this process without them, but even so having an agent on your side is the smartest decision you can make when buying or selling. They also won’t tell you that their commission is negotiable and that they are the ones that want to have an open house. Take […]

Avoiding Realtor Mistakes – Part 1

by paulmcdonald
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Avoiding Realtor Mistakes – Part 1 Choosing a realtor can be a difficult process, not knowing for sure if you’ve picked someone that will suit your family’s needs best. That’s why many are going with Elite Referral to take out the guesswork. This company is helping families from all over get paired up with the right agent for them from the start, rather than leaving families scouring the internet and wondering if they’ve made the right choice. Take a look at some of the common mistakes people make when choosing a realtor themselves. Working with a relative It’s common that […]

Avoiding Realtor Mistakes – Part 2

by paulmcdonald
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Avoiding Realtor Mistakes – Part 2 Recently, you may have seen the first part of our post on mistakes made when choosing a realtor. We had to write a second part because there are so many common mistakes that end up costing people money and time. Here are a few more common mistakes you will want to avoid when it’s time to choose a realtor. Assuming all agents are the same While you may think they’re all the same because they had to pass the same tests to get to this point, this is very inaccurate. Agents are going to […]

Positive Luxury Buying Experience

by paulmcdonald
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How to Make Sure you Have a Positive Luxury Buying Experience Luxury buying isn’t the same as a regular home buying experience. It’s important to be in communication every step of the way so that no one is making decisions without you and that you aren’t jumping into any deal for fear of a competition with another buyer. If you are buying internationally, there are additional regulations to consider and no matter where you buy, you’ll need to research how development will change in the future. Take a look at these tips to make sure your buying experience goes well. […]

The Right Real Estate Agent (Part 2)

by paulmcdonald
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How Critical is the Right Real Estate Agent? (Part 2) Now that you understand the basics behind why a real estate agent is the most important asset you could have during the buying or selling process, it’s a good idea to learn a little more about what different agents can do and how they differ. You know that buyers benefit well from agents because they can work with an expert in the area that will know about recent listings, suitable neighborhoods, and how to know what you can afford in a home. Sellers benefit from a great agent by being […]

The Right Real Estate Agent (Part 1)

by paulmcdonald
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How Critical is the Right Real Estate Agent? (Part 1) Hiring a real estate agent is one of the most important parts of the home buying and selling process. You need this person to guide you from point A to Z, to handle the things you aren’t experienced in, and to be there to handle the legal aspects of home buying that you may not be aware of. It’s very important to work with an agent that understands you and your family’s needs. The real estate agent specializes in the buying and selling process while you may have done this […]