We are still firmly situated in a sellers’ market. New (appropriately priced) listings typically sell in less than two weeks. Many receive multiple offers that push the price above asking.
That being said, we are seeing a surprising number of homes stay on the market long enough to require price reductions. Why?
Although it is partly a seasonal phenomenon, the most common reason is that sellers listen to the wrong advice. Friends, neighbors, relatives, co-workers — all think they know what price you should ask for your home. This often results in overpricing, which eventually leads to a price reduction.
That’s why it’s important to hire and work with an experienced Realtor® who will do careful research and provide you with an educated evaluation of your home’s current market value. Better yet, consult two or more Realtors® until you find one you trust and who gives you confidence in your pricing decision.
Here we are, counting down the hours until another new year begins. There is no denying that this has been a challenging year in many ways for many people. The promise of a new beginning provides hope and often, relief, which is probably why most of us are so ready to celebrate the occasion.
This blog, Wonders in Alice Land, is a new beginning for me. For the past 5 years I have published a West Seattle real estate blog under the title “Alice is the Key,” but the scope was very limited. I decided to start fresh with a new, more inclusive format that allows me to include posts and pages about other facets of life that are important to me. That’s why the subtitle of this blog is “Living Single, Living Green and Living the Law of Attraction.”
I’ve been using the last few days of 2011 to work on making this blog and website match the vision I have for it. It is a daunting task and I’m far from completing it. I’d love to hear your comments and suggestions. What do you think of it so far? What else would you like to see included in this blog/website? Do you have any other blogs and/or websites you like that address similar themes?
If you’d like to follow me, the address to add to your RSS reader is www.WondersInAliceLand.com/feed/
I am working on adding easy/easier ways for you to follow via e-mail, but my technical knowledge — though increasing daily — is limited.
This weekend gave me something extra to be thankful for… a new West Seattle real estate listing.
This gorgeous Northwest Contemporary-style view home has 3 bedrooms and an office (or 4 bedrooms), 2 living rooms, 3.5 bathrooms, 2 gas fireplaces, a spacious kitchen, formal dining room, an exercise area, double-car garage, Master bedroom with French doors leading to the deck, a huge utility room, boat/RV parking, security system, sprinkler system, on a 6.500 sq. ft. landscaped lot. Situated in West Seattle’s Morgan Junction, the walk-score for this home is 71, with most amenities within 6 blocks of the house. Stunning views of the Sound and Mountains from the dining room, both living rooms and the Master bedroom.
I will be hosting an Open House on Wednesday, Nov. 30th from 11A-1P. Mark the date and time on your calendar and stop by for a look. You can find other Prudential real estate listings and Open House events on my Prudential website.