By Rob Chrisman
Posted To: Pipeline Press
Whether it is reducing the number of cookies in a package and keeping the price the same or putting less ounces of cereal in a box and keeping the price the same, both are ways of slyly passing on costs to consumers. In housing, the same thing can be done. It turns out that 10% of the homes in Seattle consist of a single room ! Is this 1720? (Think your job is tough? What about appraisers appraising, and investors valuing, homes with only one room?) As we head toward winter, and higher rates, on the flip side Trulia analysis shows 17% of U.S. listings have dropped asking prices . Housing outpacing wage gains is not a long-term recipe for success for real estate. Training and Events Join me for lunch next week! On Thursday, October 25 th at Wente Vineyards in Livermore, CA join me, the California…(read more)
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