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Blog entries tagged with "local market":
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Ever buy a pair of jeans on line only to find that when they arrived they did not fit properly. It is not easy to shop on line. 
I predicted the current RE Market over 3 years ago to anyone who'd listen, but who is counting? No one wanted to hear it then and no-one wants to hear "I told you so", when so many home owners are hurting. A year ago I started telling people the market won't … (3 comments)
Checking the Hot Sheet today shows me that there were 20 NEW Residential Property Listings* in the San Fernando Valley. put on the market ranging from a $174,950 Condo in Tarzana to a $1,399,000 Single Family home in Sherman Oaks.
Hi everyone I'm looking for Ideas to help increase foot traffic to our main street in Maple Shade. I have just inherited the chair for the promotions committee for our new Main Street designation. We have come up with many possible events and we need more of them that we can … (7 comments)
Comparing the Competition in the Local Mortgage Broker Market
The unemployment rate made its biggest jump in more than two decades in May.
I would like to hear from other realtors out there that are in areas where the real estate market is still doing well and how to explain that too a potential buyer that a home that was 600,000 5 years ago is worth 650,000 today. They tend to believe that the … (5 comments)
The National Association of REALTORS released its Existing Home Sales report for March 2008. An "existing home" is one that is not considered new construction.
A sub-headline in the report showed that the median sales price of all homes sold in March increased by 2.5 percent to $200,700.
But don't assume … (0 comments)
How much to ask for my house? This has always been the most important question in selling your house, but never more than today. A bad guess as to what the market will bear can cost you months--and even as much as a year--to sell your home today.
April 23, 2008Driving out near Tingley Lake to show homes, I came upon this sight:
I have been tracking now for some times the pending (in escrow) home sales for Central Indiana and surrounding counties and as of today it has been stable in its output.
I am sure that you all have read an article, or seen on television, or even heard on the radio the following statements - "Real Estate Woes", "Housing Slumps", "Foreclosures on the Rise". Any of these sound familiar? Well the truth of the matter is...OUR local market is really strong right … (7 comments)
I have an overpriced listing which the owners refuse to reprice. Another mistake, thinking that owners would re-price during the listing. Nonetheless, I decided to hold a mini open house at the listing, not to sell it but to see who might stop by (i.e. to get leads). Good thing I … (4 comments)
Seriously, I live in a growth market, and I even have to listen to our local news simply regurgitate what the national news said earlier that day. Our local news fails to give local statistics, and simply says things like, "The average home sale price in the US has declined by … (11 comments)
I was privileged to attend the ERA International Business Conference in Orlando Florida earlier this week and one of the most interesting speakers was John Tuccillo (the former lead economist for NAR). He gave some really practical insight on how to identify when local markets are turning around with information that … (5 comments)
As many of us are aware this market has seen better days. Or maybe we just need to adjust accordingly. For one we all seem to have gotten spoiled with multiple offer situations and minimal advertising. We'll in a lot of areas that is no longer the case. We must get back … (0 comments)
If you are a seller in a buyer's market, the most important single step you can take to sell your home is to set the right price. Pricing has alway been essential to selling a home, and competition from other Sellers should encourage you to price your home aggressively. Beyond that … (12 comments)
Here you will find accurate, up to date information on many of the markets in Kansas City, sorted by city. Please feel free to call us if your city is not listed to get the information you need.
THE QUESTION: Why IS It a GREAT Time to BUY a Home or Condo!?!?!
Let me explain it this way, it follows the law of supply and demand and is much more simple than some people would lead you to believe.
When we are in a "seller's market" the interest rate … (6 comments)
National housing market problems....hah!Not in our neck of the woods, we are having a wonderful fall market. For many different types of properties. I called about a listing today and it has been on the market about 6 days. Three days ago, it had 6 offers. Alright, I may have cheated … (0 comments)
Brian Brumpton
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In reading a lot of the national press and the posts on real estate blogs the real estate is suffering nationally. Well, not here, we are located in north west Iowa and our market is still smokin hot even though this is the time of year that it usually slows down. … (0 comments)
This media crapp is going to kill me....Do you guys read the news? 
I was just reading the report from Realty Trac regarding home foreclosures. Nationwide they're still above what they were in the same month last year, but they improved over last month. WHEW!!!!But, it gets better! I live in Chicago, and, as I frequently point out here, what's way more important to … (2 comments)
After all of the talk about the real estate market bursting, I now think that the IE has seen the effects of this stipulation. Streets are lined with for sale signs, so much that in my neighborhood there are three homes in a row for sale. Each has their own unique … (2 comments)
Dubois County Real Estate Now 
Real Estate is Relevant...To the Local MarketYou've heard the saying "It's All Relevant"...well that is certainly true when talking Real Estate.Real Estate is a local business. Sure we have statistics that cover our geograhical and nationalmarkets but the conditions we need to focus on are the conditions of the market … (0 comments)
On Friday I received a note on my front door. It was computer printed and said, "Neighborhood yard sale, Saturday September 9th, call Sue and let her know if you're going to be participating". 
The Pflugerville Market is showing higher prices and a strong momentum making Pflugerville a Dynamic Marketplace.
Our office location in Englewood, Florida is in an out building at a shopping center. The building was previously a bank. When we moved into this new location, the company decided to maintain the drive-thru window and use it as a marketing tool. We are located on a busy, main thoroughfare … (6 comments)
Here in Sunny Florida we have gone from a red hot sellers market to something approaching normal with a slight favoring of buyers. This time last year we had just 3,000 listings whereas today that number has soared to an all time record of 18,500.
This story about says it all we are making many changes in the Michigan home sales Market. 
For the past few years I've heard agents complaining that the white hot market on Long Island made it difficult to make a deal. With multiple offers forcing unfortunate buyers to bid asking price and often considerably higher to win the home of their choice, and agents queuing up for a … (1 comments)
The Denver market is full of contradictions.
The biggest change in Phoenix real estate over the past 12 - 18 months is inventory. In January 2005, there were 3,402 active listing in the Arizona Regional Multiple Listing Service. As of 15 minutes ago, there are 45,198 active listings.
Now the agents who are in the action on a day to day basis are starting to see buyers come to see properties in a more motivated mood here in Orange County. Buyers other than those relocating into the area are bringing interest into a market where inventory is in … (0 comments)
Being part of such a great network we have a wonderful opportunity to learn from each other’s experiences. Today with the market in a unique transition we are facing many changes and challenges.