Kim Diop blog

Three Ways to Win in a Bidding War

Posted by Kim Diop on October 28, 2020 in  uncategorized
Three Ways to Win in a Bidding War With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy a home this season. Javier Vivas, Director of Economic Research at realtor.com, explains: ... read more
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Where Are Home Values Headed Over the Next 12 Months?

Posted by Kim Diop on October 21, 2020 in  Housing Market
Where Are Home Values Headed Over the Next 12 Months? As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate? Original forecasts modeled this uncertainty, and they ranged anywhere from home values gaining 3% (Zelman &... read more
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Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC] Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start. Let’s connect today to make sure you have the guidance you need to price your home right this fall. ... read more
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The Cost of a Home Is Far More Important than the Price

Posted by Kim Diop on October 07, 2020 in  Housing Prices
The Cost of a Home Is Far More Important than the Price Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there is a shortage in supply of an item that’s in high demand, the price of that item in... read more
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