$1 million home sales hit highest level in five years

DataQuick reported today that 3,631 Orange County homes sold for $1 million or more in 2012, the highest number since 2007. That’s up 34 percent from 2011′s tally of million-plus sales, compared to an increase of 17 percent for sales of all homes in the county. Statewide, million-plus sales increased 27 percent to 26,993, vs. …

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Buyers pay premium for move-in-ready homes

First impressions are lasting. Home buyers and real estate agents remember what they see, not what you say your home will look like after you reduce the clutter, paint, and replace outdated floor coverings and light fixtures. Most people don’t have the ability to visualize how a home will look spruced up. If you show …

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Pricing low can pay off for sellers

Home sellers dream of receiving more than one offer and a sale price that’s higher than the list price. With inventories low in many communities across the country, multiple offers are more common than they’ve been in years. A strategy that has become popular in areas that lack sufficient inventory to satisfy the demand is …

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Six ways to improve your odds with a contingent sale offer

From a seller’s point of view, contingent sale offers are risky. What if the buyers’ home doesn’t sell? Will the buyers list their home too high? Is their home in good condition and ready to go on the market? Many sellers would rather wait for their own home to sell to a non-contingent buyer than …

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