recent blog posts from Derek Seal
Posted by Derek Seal | on December 2, 2009, 4:57 pmThe market is a function of simple supply and demand. In real estate, supply is the total number of active listings and the demand is the total number of buyers purchasing every 30 days. (New Pending) The total inventory… divided by the new sales… is called the monthly supply of inventory. For example, a typical » Read more
Posted by Derek Seal | on October 29, 2009, 9:40 pmThere has been much contention over the impending expiration of the $8,000 first time home buyer tax credit. The tax credit is a stimulus incentive that was set to expire on December 1st 2009. The tax credit allowed first time home buyers purchasing their primary residence to receive a tax credit of up to $8,000. » Read more
Posted by Derek Seal | on August 28, 2009, 5:36 pmBills to extend the maximum $8,000 tax credit for first-time home buyers, which expires Nov. 30, are pending in both the U.S. House and the Senate. Sen. Christopher J. Dodd, a Connecticut Democrat and chairman of the Senate Banking, Housing, and Urban Affairs Committee, is co-sponsor of a bill with Georgia Republican Sen. Johnny Isakson » Read more
Posted by Derek Seal | on August 15, 2009, 6:39 pmTo make the rent-vs.-sell call, you need to know what your home could fetch today. Get a ballpark figure at a home-valuation site like Domania.com or, better yet, sit down with a realtor. Be prepared: Her appraisal may fall far short of what you dreamed – especially if you hoped to get what the Joneses » Read more
Posted by Derek Seal | on July 1, 2009, 4:03 pmHow to Set a List Price for Your Home in North Utah County – Lehi, American Fork, Highland, Alpine, Pleasant Grove, Lindon, Orem & Provo Setting the list price for your home involves evaluating various market conditions and financial factors. During this phase of the home selling process, your REALTORĀ® will help you set your » Read more