The 2013 Real Estate Market
It seems like 2012 came and went so quickly. Was this a good year or a challenging year for you? Let's take a look at the 2012 real estate market and the 2013 real estate market and make some predictions for the year to come! The National Association of Realtors reported that home sales were up 5.9 percent for the month of November and that sales are on track for a five year high. This is great news because it means that sales are up from last year. However, most appraisers and agents say that the market has some ways to go. Buyers
How Much Does A Doomsday Preppers Bunker Cost?
I never thought I would write a blog post like this, however, the recent chatter all over the media and internet really piqued my curiosity. What am I talking about? The Mayan apocalypse, of course! No, I certainly never believed the rumors of an impending doomsday, but what I am curious about are "doomsday preppers" or people who prepare for catastrophic events by buying equipment, food and bunkers. I want to know all about the real estate aspects of living in a bunker, like the costs and square footage. The market is still small but growing according to manufacturers. The
Top Celebrity Real Estate Deals of 2012
Celebrity homes come and go on the real estate market. One day, a big name comedian owns a mansion and the next day, a rising starlet is the new proud owner. This isn't news in Hollywood, but as New Years Eve of 2013 approaches take a look at some of the biggest celebrity real estate deals of 2012. 1. Joan Rivers' NYC penthouse apartment is going $29.5 million. The 5,190-square-foot apartment is located on the Upper East Side. It's got four bedrooms and five baths. It also features a private elevator entry hall, two wood-burning fireplaces, 23-foot ceilings, a large corner library and a formal
Iconic Neighborhoods And Neighborhood Value
When it comes to location, it always matters. The location of your home makes a difference in the resale value. Of course, you can't always control how demographics will shift, however, you can look at certain trends to determine whether or not the neighborhood you're buying in will help with the price appraisal of your home. For example, being named the top five places for Christmas Lights in the country is a good thing when it comes to selling. Besides being festive, it means that locals will want to keep their title and they will keep their neighborhood in good standing. The
Can You Negotiate The Appraised Value?
The thrill of negotiating or bargaining a sales price appeals to many of us. Once, on a vacation with my family in Barbados, we spent time bargaining with local salesmen on antiques. This was, of course, a big part of the fun. When it comes to appraisals, I've heard people ask if there is any room for negotiating, as in when a home sells and the seller and buyer negotiate certain terms. The short answer is not really, but here are some options for the longer answer: If the home buyer and seller agree on a price, can the appraiser appraise it lower or higher
