Corcoran's CEO Pam Liebman Talks About the Future of Home Staging
"Home staging is something that's here to stay and it's been a very good addition to the real estate landscape."
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Market Overview:
New York, NY
According to the closely watched and eagerly awaited Standard & Poors Case-Shiller Home Price Indices, as of August 2009:
- August home prices, which were up 1% from a month earlier, marked the 7th month of continued improvement in home prices nationwide.
- The New York metro area improved slightly at 0.5% from July 2009.
- However, New York prices were down 9.6% from August 2008.
- Prices were down 11.3% nationwide across the 20 cities used in the composite
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Tips and Tricks of the Trade
There's something about this time of year that makes Fall my favorite season. Maybe it's all of the color - the trees, pumpkins, mums.
And it's so easy and inexpensive to decorate. For example, the total cost of the items (not including the ceramic pots) on my front porch above was less than $40!
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The wreath of fall leaves on the door were fastened with hooks and suction cups.
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Before I "plant" the mums in the pots, I remove the flowers from the summer, but leave the ivy which always lasts til the first frost. I then scoop out some dirt and plop the the mum in its plastic container right into the scooped out dirt. I never bother removing the mum from its container since mums only last a few weeks and don't really need the extra space to grow.
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I then add a pumpkin along with a colorful collection of gourds in different shapes, sizes and colors. |
Did you know....
- The first Thanksgiving was celebrated in 1621?
- It lasted three days (it consisted of games as well as food)?
- Canada also celebrates Thanksgiving Day? However, it's the second Monday in October.
- That a mature turkey has 3500 feathers?
- You should thaw a wrapped turkey in the refrigerator for one day per 4 pounds?
- Israel consumes the most turkey per year per capita?
- There was no set day for Thanksgiving until l941 when President Roosevelt set it as the 4th Thursday in November? Prior to that it had been celebrated as early as August and as late as December.
- The first Macy's Thanksgiving Day parade was held in 1924?
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Market Overview: The East End
The numbers are up! According to George Simpson, President of Suffolk Research, in an article on www.hamptons.com :
- All three market indicators for single family homes in the five East End towns are up from the beginning of the year.
- The number of sales nearly doubled from the first quarter of this year to the third quarter, and is up a slight 2% from the 3rd quarter 2008.
- The median price increased 6.1% in this same time period, and was only 1% less than the 3rd quarter of '08.
- The dollar volume of sales in the third quarter also nearly doubled from the first quarter and is actually up from 3rd quarter 2008 - a very encouraging 7.2%.
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Recent Press Coverage
Last month I made a presentation at the library in Bridgehampton entitled: How to Sell Your Home Faster & More Profitably: Showcase It!
As the reporter covering the event recapped what I said in her article in the East Hampton/Southampton Press:
"It's all about packaging," she said ..."Staging is positioning and packaging a house as a product on the market. People are more likely to have their car detailed before they sell it than to fix up their houses."
Click here for the full article to read more about what you can do to sell faster and for top dollar. |
