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What's New in Real Estate - June 2019

Greetings!

Exciting news this month! The gurus who manage my website have enhanced your search abilities on kathebarge.com so now you can search for homes directly on my personal website! Check it out via this link!

I hope you are enjoying the warmer days we are having! Take advantage -- they won't last forever -- whether you are moving this year or in a few, this is the perfect time to get outside, check the condition of your home, and schedule any maintenance that needs to be done to preserve your home's value! Don't leave it all for the last minute! That is never any fun!

The spring market is alive and well in the under $1million market. We are seeing multiple offers and fast sales! If you are considering selling, give me a call so I can help you take advantage of this incredibly strong market!

Best Regards,

THE HIGH END MARKET!

What is going on with the high-end market in Sewickley? Why don’t there seem to be many high-end sales?

Our high-end market has been slower than normal for over a year now. Speculation abounds as to why that is the case, but it doesn’t seem that we are alone – sales of higher end homes in many pockets of this country have slowed. Many attribute that to the fact that our tax system was restructured to allow for a larger standard deduction and lower marginal rates but at the cost of limiting the deduction for property and income taxes to a combined total of $10,000. For high property tax jurisdictions such as our own,...

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HIGHEST IS NOT ALWAYS BEST!

Is the highest offer always the best offer in a multiple offer situation?

For those of you looking for a quick answer, the answer is a resounding no! For those of you wondering why, read on!

There are many important components to an offer, and price is only one of them! First is financial ability to perform...

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GETTING TOP DOLLAR MIGHT START WITH TV!

What do you think about all of the TV shows that focus on home buying and selling homes?

If you follow my column, you have undoubtedly noted me mentioning for what seems like years now that our market is hot and our inventory has never been lower. It certainly couldn’t be a better time to sell. You may in fact have just heard that your neighbor’s home sold for top dollar in record time. How do you make that happen? Start by watching more TV!...

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THE PRE-INSPECTION POWER

I’ve heard that agreements on many homes have fallen through lately from home inspections – why is that?

Our market has traditionally been one where buyers know they are buying old homes and allow the seller some leeway in not presenting a “perfect” home from an inspection standpoint. However, in many parts of the country, this is not the case. Sellers are expected to remedy all issues noted by home inspectors prior to closing. As more and more people migrate here from other parts of the country, our prices are going up, but so are the buyers’ expectations as to a seller’s responsibility for concerns discovered on a home inspection. At the same time...