Understanding What Goes into House Prices in a Competitive Market

Even in a seller's market, home sales depend on certain factors that may require you to be flexible.

You may be selling a home in a competitive market -- for example, with low inventory and high demand. And you may be thinking "Yay!" or at least "Whew." You know you're likely to have more interested buyers, better offers, and a quicker trip to contract than you'd have otherwise. But along with that good news comes the need to manage your expectations by understanding what determines house prices and home sales. Factors include the right real estate agent, local market conditions, buyer preferences, seasonality, and mortgage rates versus inventory.

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Deciding on a Vacation Home or Rental Property

I’ve recently had the pleasure of working with several buyers who are interested in making an investment in Savannah. One stroll down one of beautiful oak lined streets, dripping with spanish moss and it’s hard not to fall in love and want to have a place of your own here. A lot goes into the decision to purchase an investment, let me help you do your due diligence.

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