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Call Guthrie Group Homes, Real Estate at (925) 628-2436 | DRE #01117537Guthrie Group Homes, Real Estate - Keller Williams East County
Real Estate - Home » Median Sales Prices

Articles about the Median Sales Price of Real Estate

What’s the Difference Between Average Sales Price, and Median Sales Price?

In real estate, half of the homes in an area sell above the median price, and half of the homes sell below the median price. So, the middle price.

The average—or “mean”—adds up all​ the sales prices of the homes sold, and divides by the number of houses sold.

Median Real Estate Prices for East Contra Costa County

Quarterly Real Estate Reports for Antioch, Brentwood, Oakley, Discovery Bay, Pittsburg, and Bay Point, California   Updated January 20th, 2020 Market Statistics Report for the 4th Quarter of 2019 2019 ends with home prices up, down and flat. Inventory of homes on the market historically low. Mortgage interest rates continue low! What does all that mean […]

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What $500,000 Will Buy You In Brentwood, CA vs. San Jose, CA

May 15, 2018 By Ken Guthrie Leave a Comment

OK, we all know that buying a home in California comes at a price. And that price is steep compared to most of the country. But, there are still affordable communities in and around the Bay Area. So we thought it would be a good idea to do a comparison between what kind of home […]

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Filed Under: Real Estate Tagged With: Brentwood CA, Median Sales Prices, San Jose CA

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

5 Things That Change the Day You Become a Landlord 5 Things That Change the Day You Become a Landlord 

Keeping your old house and renting it out sounds simple. It's manageable — but five things change the day a tenant moves in, and every one of them is easier to handle before than after.

🏦 Your lender — most primary-residence mortgages require you to move in and live there for a set period first. Confirm where you stand before you plan around it.

🛡️ Your insurance — a standard homeowner's policy doesn't cover a home rented out long-term, and a landlord policy generally runs about 25% more.
📋 Your HOA — rental caps, minimum lease terms, and approval processes are the reason some owners can't take this path at all.

🔑 Your tenant — screening, a proper lease, security deposit rules, and your state's and city's landlord-tenant law. This is the part that goes wrong when it's rushed.

⏰ Your time — a few hours a month in a quiet stretch, and whole days when something breaks or someone moves out. The 2 a.m. water heater call is real.

Nothing on that list is a reason not to do it. All of it is a reason to do it on purpose.

Link in bio

https://gghknoxville.com/keep-it-or-cash-out-selling-vs-renting-your-knoxville-home/

Libby Guthrie, REALTOR® 🏡 | Cell: 865-364-0200 | GGHKnoxville.com 
Keller Williams 865-966-5005 | Libby@GuthrieGroupHomes.com
Knoxville, Tennessee

#SellOrRent #Landlord #RealEstateTips #HomeOwnership
Why are more owners asking whether to rent out the Why are more owners asking whether to rent out the house they're leaving?⁣
⁣
Two things. Just over half of homeowners with a mortgage are carrying a rate below 4%, while a new loan today costs closer to 6.7%. That old rate is an asset, and selling means handing it back.⁣
⁣
And the market has loosened. There's more unsold inventory than there's been in over a decade, and homes are taking longer to move.⁣
⁣
Put those together and you get what now has a name: the accidental landlord — someone who listed, didn't get the number they wanted, and rented the place out instead. That group recently hit a three-year high.⁣
It's still a small slice of the market, and it isn't the right answer for everyone. But it's a real question now, and the owners who come out ahead are the ones who decide on purpose, before they list, with the numbers in front of them.⁣
⁣
Link in bio⁣
⁣
Libby Guthrie, REALTOR® 🏡 | Cell: 865-364-0200 | GGHKnoxville.com ⁣
Keller Williams 865-966-5005 | Libby@GuthrieGroupHomes.com⁣
Knoxville, Tennessee⁣
⁣
⁣
#SellOrRent #HousingMarket #RealEstateTips #HomeSelling
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