new home builders in bay area
Anyone curious about what happens in the residential property market. More so in the spring of 2006 the market than ever before. All the hype about a housing bubble is afraid of what that means, no, sales, seating and sound. Mark Nash Author 1001 Tips for Buying and Selling a Home, and regular columnist for RealtyTimes.com share what he and a network of agents throughout the country have heard of home buyers, sellers, builders and developers, as in the spring market, it's peak.
-Is there a housing bubble?
Nash: No, a soft decline in prices is the norm. Houston is on the rise with a high demand from Katrina transplants, Seattle is a strong sellers market, Chicago is in the last few years, the recognition and the volume of sales figures and the brunt of the speculative suffering are seen on the coasts, California, Florida and Washington to New York corridor.
There is no free fall everywhere. The fear of a bubble is subsiding.
Are spooked buyers?
Nash: More so than in recent years. Since the negotiation pendulum has swung back in their favor, they take the time and a strategy before an offer. Buyers remorse is on the rise, some buyers are afraid that they buy at market highs. Sellers need to know that if they are not priced right, buyers are moving, and they have many other options with rising inventories.
-What about Zillow.com and other new online businesses?
Nash: The buyers are very clever with the new wealth of real estate information and online sites like Zillow are popular among customers at home. Zillow had a few hiccups in the roll-out, but it will be a force in the economy. The new Internet business models need to figure out the "local" part of the residential real estate to gain large market share.
-Will rising interest rates affect buyer decisions?
Nash: You can afford less at home with rising prices, so they are more value driven than before. This aspect of the internal market is a long time, interest rates and property prices are intertwined. Home prices are rising with low interest rates and the prices are falling as prices rise. Remember that supply and demand should be made to this equation also stocks are very high in contrast to the go-go days of recent years.
-What 's emerging this spring as a hot trend new buyers?
Nash: Exposed brick home in the interior spaces, old or new. Buyers of all age groups are open to rehabbed vintage exposed brick walls and the use of the new brick in the new construction. Only a few years is hard to sell a property with exposed brick, it was considered outdated. Buyers, the attractive exposed brick should know that it is properly sealed, and it has low insulating values.
-Anything else?
Nash: crystal or glass knobs on doors and cupboards. Some of them as test developers and buyers are very receptive to it. They run the design gamut from vintage knock-offs of contemporary, it is a style for every taste.
What's going on?
Nash: Spindle stairs. It does not matter that they are customers of Brazilian cherry, buyers hate them. They are classified as ground mistake, not child or pet friendly and an obstacle to moving furniture up or down. I have worked with buyers who are refused a place with a spiral staircase, where the rest of the house worked. Buyers can not be placed in a standard staircase, they are close to obsolete.
-It 's that?
Nash: Well, stainless steel appliances are love-hate relationship. Either they are a must or need to replace. This is an important change from the previous year. Buyers have learned first hand that additional cleaning and really do not go any visual style kitchen, stainless steel housing with is cherry. The buyers are back on softer surfaces such as kitchen in 2006.
Each Home-style predictions?
Nash: Retro 1970 is back in a big way. Chrome and glass, Lucite, black, white and gray paint issues. I called it "three-quarter century". "
-Any closing thoughts?
Nash: Overall, the market is shaping up to spring to a normal market. We have not seen normal for several years and sellers have been slow to "get it." Flipping properties on the wane and buyers can find housing for more than a place to live as a "get-rich-quick" investment.
Mark Nash, the fourth real estate book "," 1001 Tips for Buying and Selling a Home "(2005), and works as a real estate agent in Chicago are the foundation for his consumer-centric real estate perspective, which is an ABC - TV, CBS The Early Show, Bloomberg TV, Bottom Line Magazine, CNN-TV, Chicago Sun Times & Tribune, Fidelity Investor's Weekly, Germany, HGTVpro.com, Miami Herald, MSNBC.com, Smart Money Magazine, The New York Times, Universal Press Syndicate and USA Today. Mark is a co-author http://www.RealtyTimes.com
new home builders in bay area
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new home builders in bay area
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