Posts Tagged: cost

A Home’s Cost vs Price Explained

We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term… Read more »

What Does Real Estate Really Cost in the USA?

Last issue’s column was dedicated to a discussion of the cyclical nature of real estate values and how those cycles come about and relate to the general economy. We are currently coming off a serious devaluation of real estate and are now in an expansion phase where inventory (supply) has diminished and buyer confidence (demand)… Read more »