12 Tips For Finding Neighborhoods That Don’t Lose Value

It’s not too hard to find neighborhoods where home prices don’t fall.   Highly desirable neighborhoods that maintain or increase in value have a few characteristics in common.

A well-established neighborhood close to a city Homes priced slightly above the median home price Has few, if any foreclosures Has long-term neighbors that have lived in . . . → Read More: 12 Tips For Finding Neighborhoods That Don’t Lose Value

How To Tell If A Neighborhood Is In Decline

Learn how to tell if a neighborhood is increasing in value or is in a state of decline.  There are several subtle clues you can spot to show which direction a neighborhood is headed.  If you know what you’re looking for, you can see the signs and avoid buying a house in a declining . . . → Read More: How To Tell If A Neighborhood Is In Decline

How Banks Deal With Foreclosures Will Determine The Real Estate Market’s Future

The expected drop in future home prices over the next few months could depend less on mortgage rates and buying trends than on how banks manage their OREO (other real estate owned) portfolios, know as REO by investors.  The huge number of foreclosed homes being reclaimed by banks, is starting to occupy a large . . . → Read More: How Banks Deal With Foreclosures Will Determine The Real Estate Market’s Future

30% Of Memphis’ Realtors Are Forced To Quit The Real Estate Industry

The turbulent residential real estate market of the last three years has proven too much for a large number of real estate agents.  The lack of home sales has weeded out lots of real estate agents who saw the industry as a part-time job, a hobby or thought it was an easy way . . . → Read More: 30% Of Memphis’ Realtors Are Forced To Quit The Real Estate Industry

Homebuyer Tax Credit Or Not – Can The Housing Industry Survive The Debate?

If our government wants to improve the housing market, the last thing they can afford to do is spend months debating it. Homebuyers that may qualify for a future tax credit, are going to postpone their home-buying plans until the Administration decides whether or not to proceed with yet another homebuyer tax credit. If . . . → Read More: Homebuyer Tax Credit Or Not – Can The Housing Industry Survive The Debate?

How Is The Real Estate Market Doing In My Area?

Two of the most common questions we receive at AgentHarvest is “how is the real estate market doing in my area” and “at what point in today’s real estate market should I sell my house?”  Depending on whom you ask, answers may vary.  Ask a real estate agent and they’ll all say “NOW!”  If you read the press releases from the National Association of Realtors, you’ll detect a “glass half full” optimistic spin on the market whether it’s going up or down.  If you read the newspaper or watch the news, they love to put a negative spin on it because disaster stories make great news, even if they have to sensationalize it a bit to increase ratings.  All three venues have their own motivation for their slant or spin so who should you believe?   ME of course!
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When is the Best Time Of The Year To Sell My House?

The real estate market fluctuates every year regardless of the state of the economy or the current condition of the real estate market.  These cyclical fluctuations have traditionally fallen along the seasonal calendar year.  Spring and summer are the best times to sell, fall is okay and the winter months are usually the slowest time of the selling season.  Another way to look at this cyclical selling season is by comparing it to the seasons of flowering plants and convertible cars.  The time of the year to sell your house is when plants are blooming and pretty, and when you have the urge to drive around in a convertible. « Continue reading article »