When I first got into real estate, I was working for my parents in Dayton, Ohio. Dayton had (and still has) a very affordable real estate market. It was very common to see most buyers purchasing using FHA financing or other government loans. When I moved to the Seacoast of New Hampshire back in
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05/09/2008
Data for these stats was pulled from the NNEREN MLS Database on 3/28/2008. 2007 stats run from 1/1/07 to 3/28/072008 stats run from 1/1/08 to 3/28/08 *Avg. DOM = average days on the market **Median L/S Ratio = median list price to sold price ratio Conclusions / My Take: Based on these stat
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03/28/2008
It's no secret that the mortgage industry is in trouble... we are hearing about it on a daily basis through our favorite media outlets. As with most things that we hear about in the news, it's just more bad news UNTIL... we have a personal experience that hits home.Recently, I wrote about some t
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03/19/2008
A few weeks ago, we had something wonderful happen…. One of our listings went under agreement for full price AND we found the buyer! The buyers are first-timers and needed to go for 100% financing and some seller contribution. We knew this up front, so they offered over asking in order to make
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03/14/2008
WHEN THE GOING GETS TOUGH, THE TOUGH GET CREATIVE!The other day, I read an post by Glen Gaspar entitled Are some of our fellow agents violating our Code of Ethics? and it got me thinking about what I am seeing in our local MLS.With the market such as it is... deals have been harder to come by.
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09/21/2007