The market is the market, sometimes dynamic and sometimes not. Sometimes worse than others and sometimes better. But statistics don't lie!
I've been watching Monroe County home sales for the past few months and see something of note in the numbers. Weekly median sale prices show an uptick over the median year-to-date and the prior year-to-date. This seems to be the experience both in the suburbs, collectively, and in the City of Rochester. During the comparative periods the sales volume has been relatively the same.
Why is this significant? What does it mean? This means that sales price continues to rise here but a look at the magnitude of the numbers says that the upward move is cautious. The trend is positive though and something to be pleased with in light of the news reports we hear from other communities. Lets see what the numbers say at the end of the summer. Hopefully the trend continues. I am bullish on the trend! How about you?
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Real Estate News
Thursday, June 3, 2010
Posted by
Carmen Lonardo
at
3:18 PM
0
comments
Labels: Buyer Concerns, Carmen Lonardo, Home Sales, Home Value, Real Estate Trends
Monday, January 7, 2008
5 Simple Ways To Increase a Home's Value
Daily Real Estate News December 31, 2007 5 Simple Ways to Increase a Home's Value Good home maintenance is key to creating and preserving a home’s value. Not to mention, it also impresses potential buyers. Here are five basic steps that every home owner ought to take — before spending money on dream bathrooms or gourmet kitchens.1. Safety. Make sure smoke detectors and carbon monoxide detectors are installed and in good working order. Check fuel-burning appliances to make sure they are properly vented and no gas connections leak. Make sure the electrical system is adequate. Flickering lights and popping breakers are the sign of a problem. Anchor handrails and grab bars adequately.2. Preventive maintenance. Repair any leaks in the roof, seal gaps in the siding, paint bare wood, replace damaged decking, patch cracks in concrete, and caulk around tubs and showers.3. Conserve energy. Install a programmable thermostat, weatherstrip doors and windows, fix leaking faucets, upgrade insulation, and replace leaky windows. 4. Go green. Consider environmentally friendly materials for windows, doors, siding, decking, fencing, roofing, flooring, and insulation. 5. Improve comfort. Get rid of clutter, open up spaces, update window treatments to allow in more light, and organize closets and storage.Source: The Associated Press, James and Morris Carey (12/29/07)
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® Copyright 2005. All rights reserved. www.REALTOR.org/realtormag
Posted by
Carmen Lonardo
at
10:15 AM
1 comments
Labels: Home Value
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