When you list your property with a traditional real estate brokerage, your listing agent is inarguably paid on performance. The commission your agent may receive is paid to him at the close of escrow. If your house does not sell, your agent walks away empty-handed. (There are a few circumstances where you may be legally [...]
Nov
2
2009
2
2009
Oct
24
2009
24
2009
Housing Valuation Ratios: Price To Income, Price To Rent And The “Mystery Component” Price Formula
Many economists believe we still have further house price depreciation ahead of us. Price metrics have not yet come back in line with historical averages, and until sound metrics return, they opine, house prices will not have reached bottom. One metric used to gauge pricing fundamentals is the Price to Income ratio, which according to HSBC research, deviated dramatically in the 2000-2005 period. Overall, the U.S. median [...]