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Blog Archives: January 2014 — December 2014

Proof that NOW is a Good Time to Sell

November 24, 2014
Most homeowners believe that the winter is not a good time to sell. This belief is based on the fact that historically the number of buyers decreases in the winter and then increases dramatically during the spring buying market. Though this is still true, there is an interesting pattern developing over the last few months. The number of prospective purchasers actively looking at a home (foot traffic) has remained strong going into the fall. As a matter of fact, the foot traffic far exceeds the numbers reported for the same months ...

Freddy Mac Rates

March 25, 2014
Sheldon Rilliet

The Rilliet Report March 2014

March 14, 2014
Sheldon Rilliet
THE BUZZ The spring buying season has begun. A variety of signs point to the underlying strength that should support real estate sales gains in the upcoming months of March through June. Lawrence Yun, Chief Economist of the National Association of Realtors, notes that although the severe winter conditions in much of the country held sales down in December and some of January, "job growth and pent-up demand are positive factors." A surprisingly strong pace of new-home sales last month has boosted hopes. Sales of new homes rebounded ...

Exquisite Living Winter 2014

February 13, 2014
Sheldon Rilliet

The Top 10 Overlooked Questions when Buying a Home

February 13, 2014
Sheldon Rilliet

The Rilliet Report February 2014

February 13, 2014
Sheldon Rilliet
THE BUZZ Reflection is important in real estate. The years of 2008-2012 marked a downswing and a time of indecision. Buyers were scarce and prices fell. The economy offered no confidence. Mortgage restrictions negatively affected sales. It was a buyer's market. Then an upswing began in 2012. By spring of 2013, we were in a seller's market. Multiple offers were commonplace. Inventory flew off the market. All-cash buyers had the advantage. By the last quarter of 2013, we moved from a seller's market to a balance market, with ...

New TerraBay Listing in SSF

January 30, 2014
Sheldon Rilliet

The Rilliet Report January 2014

January 30, 2014
Sheldon Rilliet
THE BUZZ Happy New Year  Real estate continues to be a good place to invest. Lawrence Yun, the National Association of Realtor's Chief Economist, recently stated, "Although the final months of 2013 are finishing on a soft note, the year as a whole ended with the best sales total in seven years." Total existing-home sales are expected to total 5.1 million for 2013. That is a gain of almost 10% over 2012. The level is expected to rise to 5.3 million in total sales by 2015. The national median existing home price for 2013 was $197,300 and ...

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