People downsize their residence for many reasons. Here in Berks County, the principal causes are often age or cost related. There is now an ever-growing paradox in the housing market that is making it harder for downsizers to afford the move. The Millenial Phenomenon It was not long ago when many buyers could not find a large … [Read more...] about Downsizing Your Home May Mean Upsizing Your Budget
Low available housing inventory, escalating mortgage interest rates, and a sneakily improving economy are changing the dynamics of the Berks real estate market. If you are considering buying or selling a home in Berks, here are some thoughts on ways to keep up. For years Berks real estate has been trudging along with low growth … [Read more...] about Changing Dynamic of the Berks Real Estate Market
Is it possible to competently represent the best interest of two different parties in a real estate transaction? Dual agency has been practiced by real estate brokers for years but has it ever been a good idea? Imagine a law firm attempting to defend both plaintiff and defendant. Or a campaign manager working for two opposing … [Read more...] about Dual Agency, Can a Realtor® Serve Two Masters
There seems to be quite a bit of misinformation and disagreement relating to the question; "What Defines a Bedroom." While it looks like a simple question, there is apparently much more to it, or I would not be penning this article, right? Read on. It Can be Considered a Bedroom If: 1. The room has a heating and cooling … [Read more...] about Real Estate Speak – What Defines a Bedroom?
Most media outlets over the past year have been reporting that the average real estate commission fee in the US has been dropping to around 5.2%. What is the cause of this drop and what effect is it likely to have on consumers and the real estate industry at large. For years I have been told there is no collusion in the real … [Read more...] about Average Real Estate Commission Fee Dropping
If you have been searching for a home recently, you surely understand the selection is limited. This home Buyers guide may improve your chances of getting the home you desire. We are entering what we call in the real estate industry the busy season. Inventory of available homes for sale is at a historic low which means there … [Read more...] about Home Buyers Guide to a Changing Real Estate Market
Anyone searching for a home to buy in Berks County quickly realizes the selection is limited. In recent weeks more and more buyers are asking me the question; why are there no homes for sale in Berks. Let's take a look at some of the reasons home inventory is at historic lows. What Do The Statistics Say In Berks County, there … [Read more...] about Why Are There No Homes For Sale in Berks
No one likes to be sold. What most people want is useful information so they can make an informed decision about a product or service they desire. I believe that adequate client representation is not about selling but informing. It is for this reason; I tell every buyer's agent on my team to stop selling and start telling. So … [Read more...] about Why a Buyer’s Agent Shouldn’t Sell Their Customer a Home