inventory: Lots of inventory and very audacious offers! - 03/04/08 08:43 AM
We track the local sales and new listings in our local MLS system on a weekly basis. I would speculate that we are not alone with the plethora of inventory available for buyers to consider. Last week in the residential category alone (not lots or commercial properties) we had 1776 properties (2 comments)
inventory: Too Many Foreclosures! - 09/17/07 10:12 AM
In our local area, each Saturday the newspaper advertises the foreclosures for one month prior to a property being foreclosed on by the lending institution or individual holding the mortgage. This Saturday’s paper had 22 columns of foreclosures noted in our relatively small area!
In pondering this unsettling (0 comments)
inventory: Tell it Like it Is! - 09/10/07 01:36 PM
Do you ever dread conveying to your seller that you haven't had any calls or showings on their home recently? Do those sellers feel you are doing something wrong or not doing something right? Have you had open houses without any buyers or even any curious lookers? If you have answered (3 comments)
inventory: Don't Put Out the Fire & Call in the Dogs Yet! - 09/05/07 12:05 PM
I remember voicing this statement numerous times in past years "These crazy rising prices, how long can it continue escalating at this rate?" Perhaps the reality of the current state of the real estate market is that we are actually getting to a more reasonable plateau for home prices. The large (1 comments)