Getting ready to buy a house

Here’s a compendium of advice for first-time home buyers from HouseLogic, a website produced by the National Association of REALTORS (NAR). Even if you are a second or third timer, it couldn’t hurt to review these basic principles. Give me a call (845-532-1204) or email me (marty@ask-marty.com) to discuss buying or selling your house this spring! And check out Ask-Marty.com to search for your next home and for other pearls of real-estate wisdom from yours truly!

Visit houselogic.com for more articles like this.

Copyright 2018 NATIONAL ASSOCIATION OF REALTORS®

How’s the Market? — Conditions at the Start of 2015

It’s been a tough several years in real estate. The pattern of reduced sales and reduced prices is ubiquitous, both locally and nationally. Looking back, we can see the market crested around 2006, stalled for a while, then began its downward plunge through 2007 and 2008. The downward plunge leveled out around 2009, but there has been no great comeback in sales volume or pricing. We still have not returned to the prices of 2005 and 2006. Regional figures for 2013 and 2014 show a glacial market, with 2 or 3 listings for every sale; any signs of a thaw are tentative.

One ignores the market at his or own peril (especially with regard to decisions relating to price), but I think it can be a mistake to let the market be the principal driver of the decision to buy or sell a home. If your circumstances and goals make the sale or purchase of a property desirable now, you should consider acting now. Few of us expected the down market to last as long as it has, and I think that it is still as difficult as ever to predict even the shorter-term future. Buying or selling — there’s no guarantee that you will be able to get a better price next year. Still, understanding how the market is working today can yield certain advantages to buyers and, even in this slow market, to sellers.

In this blog category (How’s the Market?), I will focus on how buyers and sellers can use current market conditions to their advantage. At the same time, I am going to concentrate less than I did last year on weekly variations in market statistics while still describing major trends regionally. For now, let’s not kid ourselves; regionally, I think “glacial” is as good a word as any to describe the market pace. Anyone want to talk to me about how to use that news to their advantage? Please call!

All good wishes,

Marty

I Welcome Your Business & Referrals in 2015

I became a real estate agent in late 2006, encouraged to do so then by the widespread public perception that real estate was a booming business. My little joke around 3 years in was that “I had never known the good times,” but that has long since become a stale line. But I have persevered; I became an independent broker in 2011 and, despite the gloomy face of the real estate market generally, I have just finished my best year ever.*
With this note, I am asking for your consideration or your recommendation. I have shown consistently that I can get the job done — for buyers and sellers — even in this “interesting” market. As we enter 2015, you may well be thinking that this is the year you will buy or sell some property. Perhaps you are thinking of doing both. Or perhaps you know someone who is thinking of buying or selling — maybe a friend from downstate who has been contemplating purchasing a vacation home up here. I’d love to get a call from you, or from someone to whom you’ve mentioned me.
Please check out www-ask-marty.com. If you have the interest, you can set up searches to monitor listings in any part of Dutchess, Ulster, and Columbia Counties. I am one of a very few local brokers/agents who provide access to the listings of three contiguous MLSs — Mid-Hudson, Ulster, and Columbia Greene Northern Dutchess — on his or her own personal website. At my website, and also at my Facebook page (www.facebook.com/AskMarty), you can subscribe and comment on my own market commentaries.
* See related post “How’s the Market? Conditions at the start of 2015”

With thanks — and best wishes to all for a prosperous and healthy new year,

Marty