The Obama Bounce?! - 01/22/09 02:38 PM
Hello...
We have made it past the Inauguration Day of the newest edition to the long list of citizens who have been elected to the position of President of the USA. No matter who you voted for in this election, most folks in our industry are carefully watching what we as a country are going to do differently to jumpstart our sluggish economy. On Inauguration Day, we saw the market dip about 300 points... not the effect anyone wanted to see. On Day 1 we saw the market gain what it lost and then some. Day 2, as I am writing, … (5 comments)

2nd Day, 1st Week, 2009... What's Your Market Look Like? - 01/06/09 12:17 PM
Hello...
Whew! We made it into 2009. This has been a very unique time to be in our real estate industry. We have weathered the "perfect storm" of foreclosures bringing the median home value down, mortgage companies and banks folding- making lending somewhat non-existant, along with some of the highest unemployment rates most states have seen. NAR also reports that "The Pending Home Sales Index in the Northeast dropped 7.2 percent to 63.2 in November and is 14.6 percent below a year ago. In the Midwest the index fell 6.7 percent to 74.2 and is 10.1 percent below November 2007. The … (6 comments)

 
Hagan003

MARK HAGAN

Traverse City, MI

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Coldwell Banker Schmidt Realtors

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