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The initial asking price is a critical aspect of your property marketing plan. Statistics show time and again that homes that are priced properly when first brought to market sell at a higher sales price, oftentimes with better terms and conditions, and in a shorter time frame. "Testing the marketplace" with an inflated over-market value asking price is rarely the best strategy.
Great article by Nick Welsh : "Driving these numbers, among other factors is the increase in vacation rentals."
To help you understand this phenomenon we will help explain how rising interest rates are affecting the housing market. (Click "READ MORE" below for the GMA video and for current Mortgage Interest Rate information).
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570