The New Abnormal

Way back when the Earth was still cooling, when I was in my 20’s and single, my buddies and I spent a ridiculous amount of time trying to find a good party on weekends. The frustrating part was that almost every party we went to was WAY disproportionately heavy on guys. It always seemed that […]

The New New Normal

A couple of years ago I wrote a post about the market’s “new normal”. That normal is old now. We have a new new normal now. This could be as strange a new normal as I’ve ever seen. Maybe even as strange as that carrot up there. For 25 years I’ve had a common routine […]

What Goes Up….

    So a few weeks ago I noticed a Realtor friend of mine on Facebook was touting the wild, overbidding experience she had just had selling a house she had listed. One of her friends commented “I can’t stand it…I’ll NEVER be able to buy a place around here”. My friend replied, “Don’t worry, […]

Over Reaching

Last week, a 2 bedroom townhouse at CityHomes listed for $758,000 got 21 offers and launched all the way up to $925,000. It was a cash offer, good since the last comparable for this floorplan was 3 weeks old and came in at $875,000. Nothing like escalating $50,000 over a very recent comp, huh? When […]

Amateur Hour

OK, I know I probably sound like an egotistical jerk here…but here comes a rant. I’m not sure why this is, but so far in 2015 I seem to be running into more ridiculously amateurish real estate agents than I think I’ve ever seen. Unfortunately they seem to have listings that I have clients interested […]

Exponential

A couple of posts ago I marveled at the listed price of the house on Beach Park that’s up for $1,748,000 and a couple of posts prior to that I marveled at the price for the house at 908 Constitution that was listed $100,000 over the sales price of a similar comp that was a […]

There’s a Storm Coming

The last year or so have been really insane. The first part of 2014 was particularly crazy too…if you ask me that is. It slowed down just a tad since the early summer but I’m firmly of the opinion that a storm is coming and the first quarter of 2015 is going to be just […]

The Latest Thing

So I found this very cool new technology that I think will totally change the way we look at virtual tours online and I’m proud to share it here. We’ve all gotten used to virtual tours with lots of still shots and a few 360 degree images that allow you to sort of spin around […]

All About Timing

A client of mine asked me the other day about whether it was better to list this fall or wait until after the first of the year when the inventory situation could be better. Their goal is to move up from their condo into a single family house and they’re rightfully concerned about being able […]

Ringing The Bell

Last year, a large 4 bedroom, 3200 sq ft house on Gloucester in Whalers sold for $610,000 over asking. Remarkable for sure, but it’s a big house, it was priced low to begin with…and it’s on the water in Whalers. It closed at $2,010,000. A couple of days ago a 3 bedroom, 2 bath house […]