In today’s tough real estate market, it’s more important than ever for a homeowner trying to sell a house to make it stand out from the crowded marketplace. Preparing a house for showing is called “staging:” here are some tips to help you do it right. – Take your emotions and “warm snugglies” that you [...]
Entries from January 2009
The First Steps In Staging Your Home For Sale
Jan. 2nd, 2009
Housing Market Bottom – Price-to-Income Ratio Estimates
Jan. 2nd, 2009
One method used to evaluation residential real estate prices is the price-to-income ratio. Since people borrow the vast majority of the funds necessary to purchase residential real estate, and this borrowing must be financed from current income, the ratio of house prices to rent is a useful barometer of market valuation. Since incomes and rents [...]
Housing Market Bottom – Price-to-Rent Ratio Estimates
Jan. 2nd, 2009
Comparative rent is the primary method of evaluating the fundamental value of any property. The price-to-rent ratio links the cost of ownership with the cost of rental. This link is direct because possession of property can be obtained by either method. The cost of ownership encapsulates all of the financing terms and other variables associated [...]