Things to think about in a down market - 01/21/09 09:32 AM
Some Thoughts about Things!
   Our property inventory is still way too high. The market values have slipped another 5%.  This is along with a 4% decline in the median price from '07 to '08; all total down from the high by a compound 9%. The total homes in inventory in the MLS are 5750 which is down by 20% from the 2007 high. We still have a 17.1 months supply of houses on the market.  This data comes from Paul Bynum of Mount Data. You can check his analysis of the MLS at my web site www.ChadKumpe.com. Please do us … (0 comments)

Things to think about in 2009 - 01/02/09 04:17 PM
 
 
Happy New Year!!
 
 
   I bet you got a whole lot of wishes for a much better 2009, I sure did too. Nothing tells the story of last year like the "Book of Lists" 8th addition by the "Northwest Arkansas Business Journal." The top twenty firms saw their volume shrink by 21.19%. The top twenty-five agents saw increases in their business in only seven cases. It is beginning to appear that we won't be back to normal till 2010, but things should start looking better by the second quarter of 2009. Don't look for a "Bail Out" … (3 comments)

 
Chad Kumpe (Chad Kumpe Real Estate)

Chad Kumpe

Rogers, AR

More about me…

Chad Kumpe Real Estate

Address: 16770 Heritage Bay Rd G-9, Rogers, AR, 72756

Office Phone: (479) 621-3683

Cell Phone: (479) 621-3683

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A view of Real Estate Activity in NWA. Comments on market trends. Up dates on Real Estate Law & regulations. Some times Rumor and Gossip. Alerts on Legislation effecting Real Estate.


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