Archive for February, 2016

New Survey Could Reveal Melbourne Real Estate Attitude Shifts

Sunday, February 28th, 2016

Any way you cut it, real estate makes up a huge chunk of the overall economy. One consequence of that is that the health of the real estate industry is constantly being put under a microscope (if it were a human patient, it would probably grow alarmed by all the doctors and specialists constantly calling […]

Expectations for Joining the Melbourne Listings in February

Friday, February 26th, 2016

Especially this time of year—and even more especially when Melbourne’s weather turns grisly—common sense would seem to lead any homeowner planning to sell their Melbourne home this year to hold off for the moment…at least until Punxutawney Phil’s forecast starts to come true (the venerable groundhog said that winter 2016 will be a short one). […]

Strong Melbourne Jumbo Loan Outlook Continues

Wednesday, February 24th, 2016

“The Jumbo Jungle” may sound a little like the elephant compound in a wild animal park, but it’s actually a seldom-quoted tab under The Wall Street Journal’s online Real Estate section. The “jumbos” being discussed are the trunkless kind—the hefty mortgage loans whose center rings are found in binders instead of circus tents. Judging from […]

How Do Melbourne Homes for Sale Fare in Election Years?

Monday, February 22nd, 2016

This one was news to me. The Wall Street Journal had it buried in a ‘spread sheet’ section of their online Real Estate section: “Why It’s Harder to Sell Your Home in an Election Year.” If you are like me—never having had an inkling that Melbourne homes for sale have rough sledding in an election […]

What’s More Important to Melbourne Renters than Interest Rates?

Saturday, February 20th, 2016

You’d think that the single most influential factor governing a potential Melbourne home buyer’s decision on whether to buy now or hold off would be the ongoing bottom line—that is, the amount of an anticipated monthly mortgage payment. Maybe not. The New York Federal Reserve argues otherwise. Not just a little bit otherwise; “dramatically” otherwise. […]

Melbourne Agent Wonders What Is It about Real Estate and Threes?

Thursday, February 18th, 2016

When you go searching for the latest Melbourne real estate news online, as likely as not you will find the lion’s share is dominated by advertisements (not to complain: I advertise, too) and the current Melbourne listings. There is rarely any true Melbourne real estate news as such—since what’s ‘new’ is principally the arrival and […]

Melbourne Appraisals: by Definition, Part Art, Part Science

Tuesday, February 16th, 2016

Built into the way a Melbourne home changes ownership is the institution of the appraisal report—the document which attempts to place a dollar value on the property in question. That word “attempts” is the key when it comes to appraisals. Although it would make life easier if Melbourne appraisals consisted of completely objective, scientifically verifiable […]

Melbourne Homeowners’ Equity Resurfaces after ‘Underwater’ Stint

Sunday, February 14th, 2016

Looked at from one perspective, there has been a “bailout” of enormous magnitude. Okay—maybe you have to expand the meaning of “bailout” just a bit, but if you do, many Melbourne homeowners can be counted among the most prominent beneficiaries. We Melbourne real estate agents wouldn’t be complaining, either. As bailouts go, it’s the least […]

You are the Ultimate Melbourne Real Estate Agent Recruiter

Friday, February 12th, 2016

A sizeable portion of the recruiting business has gone online, and a lot of small and medium-sized businesses are using them. We hear a lot of ads for them—promising job hunters an efficient way to distribute their resumes; promising business managers an efficient way to attract new talent. Busy Melbourne business managers are assured they’ll […]

The Question: Is Now a Good Time to Sell a Melbourne Home?

Wednesday, February 10th, 2016

“Is now a good time to sell?” A Melbourne home is never put up for sale on a whim. Although outside events can conspire to control the timing of that kind of major real estate venture, in most cases, the sale or purchase of a home happens on a timetable the Melbourne buyer or seller […]