Category: Real Estate Values

Wondering What is Going on in the Real Estate Market?
October 15, 2019

Looking at the real estate market, are we in Home Sellers Marker or a Home Buyers Market? Have homes sales increased? Are real values increasing? Is the strength of the real estate market due to historically low mortgage interest rates? What about Economics 101: Demand and Supply? [embeddoc url="https://davidfialk.com/wp-content/uploads/2019/10/Existing-Home-Sales-Report-Indicates-No...pdf" viewer="google"]
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New Hanover County, NC_Real Estate Sales Update
September 5, 2019

[caption id="attachment_5406" align="alignright" width="1024"] New Hanover County, NC Real Estate Market Statistics[/caption] Cape Fear Realtors® July 2019 New Hanover County, NC Real Estate Sales Update: Wondering what the real estate market is doing in in New Hanover County, North Carolina in 2019? Curious to see a comparison of real estate sales in 2019 as compared ...
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Do Short Sales Affect Home Values in Neighborhoods?
April 15, 2011

What happens to real estate values when short sales are placed on the market for sale in the neighborhood you live in? What happens when the short sale sells, and sells at a price much below the market value range of surrounding homes in the neighborhood? Whether your home is in Iselin, ...
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Mortgage Interest Rate Surprise?
January 10, 2011

Interest rates have been surprisingly low for such a long time, no one really thought they would go up. Well, they did, and everyone was caught off guard. In fact, at the end of December, mortgage interest rates increased to 5%. and slighly higher. A surprise to most people involved with real estate! The Good News ...
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Real Estate Values: A Buy Now Scenario For Home Buyers: Favorable Home Prices
July 26, 2010

Why is the current real estate market a buy now scenario for home buyers? Two important reasons: Mortgage Interest Rates and Favorable Home Prices!    * Mortgage Interest Rates: Take a look at the 5 Year History of Average Mortgage Interest Rates! (Discussed in previous Blog post)    * Favorable Home Prices: So ...
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What are the Benefits in Obtaining a CMA?
March 21, 2010

CMA: Comparative Market Analysis Simply worded, it is a real estate agent's opinion of market value of real estate as detailed by recent sales of similar properties. It is not a written real estate appraisal. Homeowners should stay in touch with the real estate market and continually be aware of the current ...
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Factors That DO NOT Affect the Value of Real Estate_Part IV
May 8, 2009

How Much The Seller Needs Whether a home owner has owned their home for 30 years and has paid off their mortgage, or is one who has owned their home for only a few years and has an equity loan on top of the original mortgage, the market value of their ...
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Factors That DO NOT Affect the Value of Real Estate_Part III
May 6, 2009

Actual Cost of Repairs and Improvements While it is true that that the condition of a home has a definite affect on its market value, and that a well maintained home will sell for more than a home in need of updating and repair, the actual cost of making repairs and ...
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Factors That Do NOT Affect the Value of Real Estate_Part II
May 5, 2009

When the Home Was Purchased Whether a home was purchased twenty five years ago, three years ago or just last year, the purchase price was the value when it was purchased, and has nothing to do with it’s current market value when being sold, whether you are selling a home in ...
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Factors That DO NOT Affect the Value of Real Estate
May 3, 2009

A Home Is Worth What It Is Worth When selling a home, there are many factors which affect market value and the eventual sale price of a home, such as location, condition, size, amenities, features, improvements and upgrades, local economic conditions, the current real estate market and mortgage interest rates, among ...
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