market condition: More inventory, less units in contract in June 2008 - 07/24/08 10:45 PM
The trend was still going down in Queens County, Nassau County and Suffolk County in Long Island Area, comparing to June 2007. Inventory was up,
............ Inventory ............... Units in contract ....................... Months Supply
............. 06/08 ..... 06/07 ....... 06/08....05/08......06/07
Queens .... 11697 .... 10851 ...... 752 ..... 761 ....... 799 ........... 15.6
Nassau .... … (0 comments)
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market condition: Marin County Real Estate Two Month Closed Home Sales Report - May/June 07'/08' - 07/19/08 12:11 AM
Statistics from BAREIS MLS® February 8, 2008. Information herein believed reliable but not guaranteed. Copyright @ 2008 by Bay Area Real Estate Information Services, Inc. All rights reserved.Adjusted average does not include the high and low sale data.
… (1 comments)
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market condition: Gainesville Real Estate Marketing Report - June 2008 - 07/14/08 09:19 AM
Real Estate Market Report
for June 2008 - Gainesville, FL.
You either love statistics or hate them.
I love numbers, so I thought I would share the Gainesville Real Estate
market stats for last month.
Total Homes Sold in June
2008 = 333
Data Drawn … (0 comments)
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market condition: More Colorado Springs Real Estate Statistics for June, 2008 - 07/09/08 10:48 PM
It's vitally important that Realtors, know their numbers. Here are some really basic buy really important numbers. I generally track these for my own use but I realized today that I should actually be sharing this info on our blog, so here we go:
New Single Family/Patio Home (existing) listings 1,620 … (0 comments)
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market condition: Dump Your Slump! - 07/09/08 11:51 AM
I absolutely LOVE this article! It is exactly what I have been "preaching" to the agents in my market center!
Dump Your Slump, an article from RealtyTimes.com, reports that in order to dump your slump, concentrate on what you can control. Real estate agents are entrepreneurs, so don't sit around waiting … (3 comments)
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market condition: Marketing Statistics - Gainesville Area MLS - 06/30/08 11:08 AM
Gainesville is Great!!
Here are some local statistics about the Gainesville-Alachua County MLS.
If
you are wanting to know more specific information about "YOUR NEIGHBORHOOD" or "YOUR
SUBDIVISION", please call me!
As of June 30, 2008,
this table shows the
number of listings currently in our MLS Database.
… (2 comments)
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market condition: Austin-Round Rock Oakcreek Real Estate Market Conditions - 06/19/08 09:36 AM
Oakcreek Subdivision: 9 Active listings, 3 Contracts Pending, 21 homes sold since Jan 1, average days on market for solds 46 days, $206,220 average sales price, 2429 average square footage, $86/Sq Ft sales price.
We will sell your home in 60 days or less or give you 1% at closing (some restrictions apply) To find the … (0 comments)
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market condition: Round Rock-Austin Oak Brook Real Estate Market Conditions - 06/18/08 09:59 AM
Oak Brook Subdivision: 6 Active listings, 3 Contracts Pending, 13 homes sold since Jan 1, average days on market for solds 62 days, $285,071 average sales price, 3051 average square footage, $94/Sq Ft sales price.
We will sell your home in 60 days or less or give you 1% at closing (some … (0 comments)
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market condition: Round Rock Cat Hollow Real Estate Market Conditions - 06/17/08 05:56 PM
We here at Coldwell Banker United's Dan Campbell Company continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Round Rock subdivision of Cat Hollow real estate statistics for Jan/08 thru June 17,2008.
Cat Hollow Subdivision: 18 Active listings, 10 Contracts Pending; … (0 comments)
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market condition: CORAL SPRINGS: FORECLOSURES AND SHORT SALES MARKET. - 06/16/08 08:07 PM
Right now may be one of the best times to purchase a property in the city of Coral Springs
The Real Estate in the city of Coral Springs, is offering for those who want and can buy now, opportunities hard to believe a couple of years ago.
Coral Springs as any … (0 comments)
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market condition: Are You Prepared Well Enough To Be Interviewed For A News Program ? - 06/16/08 12:01 AM
A Television News Segment.
We've all seen the television interview segments and how people are interviewed by the media. Would you be willing and prepared well enough to be interviewed for a real estate news segment. We are real estate professionals and suppose you are invited to just want to talk about real estate in general and … (22 comments)
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market condition: Mile High Home Hunter - The Daily Dirt - Market Activity by Community/Locale - 05/24/08 09:35 PM
… (0 comments)
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market condition: New Listing in Albert City, Iowa -- SOLD! - 04/14/08 09:41 AM
Just wanted to let you know 310 3rd Street South in Albert City is SOLD, let me know if you are interested in this area, there are a few more that are thinking about listing. Sold in 16 days, unheard of in this area, if you want this kind of results give … (0 comments)
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market condition: Denver, Colorado - Market Demographic - Months of Inventory by Price - 04/06/08 09:27 PM
… (0 comments)
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market condition: The Daily Dirt - How's the Market? News from the Mile High Home Hunter (Pt. 3) - 04/05/08 11:24 PM
Occupancy Is at Record and Near-Record Highs in Denver
Lastly, occupancy of rental units is running at historic highs.
As I was quoted in the Denver Business Journal, many of you are starting to invest in real estate. First time investors are starting to jump into the market. With a near perfect storm … (0 comments)
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market condition: The Daily Dirt - How's the Market? News from the Mile High Home Hunter (Pt. 2) - 04/05/08 11:22 PM
Lower Home Inventories - Crisis? Been there. Done That!
What do lower inventories tell you intuitively?
It tells me that supply is lower than demand. And when supply is lower than demand, what happens to price? It goes up!
Well, below is a chart showing the national scene. You can see the preliminary … (0 comments)
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market condition: The Daily Dirt - How's the Market? News from the Mile High Home Hunter (Pt. 1) - 04/05/08 10:10 PM
How's the market? It's the question Realtors® get asked more often than any other question.
Why is that? Well, because unlike doctors, lawyers and accountants, Realtors® are one of the few professions that are pro-active in nature:
You call a doctor, usually when you are sickYou call a lawyer, usually when you … (0 comments)
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market condition: Foreclosures & Market Conditions - 04/03/08 07:43 PM
The Media is having a great time blasting Vegas for having the nation's highest foreclosure rates. This sounds like a great opportunity for buyers, right? Not necessarily! It depends on the willingness of the investors, who put up the funds for the original mortgage, to take a loss.
When an investor is … (1 comments)
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market condition: Welcome! - 03/26/08 02:18 PM
Welcome to my new blog! I am excited to be starting this, as this is a new adventure for me!
Please check back frequently for updated posts, links, and information. I plan on blogging 3 times per week with information about the market condition, area happenings, land use issues, and discussion of … (0 comments)
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market condition: FONN VILLAS SUBDIVISION, HOUSTON, TX MARKET CONDITION REPORT BY CINDY BLUSTEIN, KELLER WILLIAMS REALTY - 03/17/08 05:31 PM
FONN VILLAS SUBDIVISION HOUTON, TX MARKET CONDITION REPORT
TODAYS DATE: MARCH 17, 2008
FONN VILLAS SUBDIVISION Market Report brought to you by Cindy Blustein with Keller Williams Realty
Thinking of selling your home in Fonn Villas? What are the current market trends and home values?
From a report of Fonn Villas SOLDS from 3/17/07 through 3/17/08 based … (0 comments)
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market condition: Fed Rate Cut Expected - 03/17/08 11:50 AM
Rate Cut Expected
Financial markets are pricing in an estimated drop in the Fed Funds Rate to 2% will be announced in the upcoming Fed Open Market Committee Meeting. The next meeting takes place March 18, 2008, with minutes - and the rate announcement - being released the second day … (2 comments)
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market condition: Clarkson Featured in Denver Post Article - Foreclosures offer bargains, lemons - 03/16/08 05:18 PM
Folks:
I was featured in the following Denver Post article regarding foreclosures and home auctions. I wanted to share it with you. You can also see it at http://www.MileHighMLS.com
Foreclosures offer bargains, lemons
Although it's tempting, buying a house at auction isn't for everyone - and it may require on-the-spot payment in cash By Christian … (1 comments)
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market condition: Knollwood Village Market Condition Report, Houston, TX - March 2008 - 03/16/08 02:25 AM
Knollwood Village, a subdivision in Houston, Texas, consists of older and new construction homes. The older homes, many of which have been remodeled, range from around 1300-2000 sq. ft., were built on slabs, and most have hardwood floors. The older homes in poor condition are often sold to builders who are usually … (0 comments)
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market condition: Montrose Market Conditions Report, Houston, Texas - March 2008 - 03/16/08 01:16 AM
Montrose market area residents continue to enjoy stable property values as reflected in the following data provided by the Houston Association of Realtors. There were 10 single family homes sold in February 2008 with prices ranging from $235,000 to $533,250; averaging $168.62 per square foot. There were 17 town house/condos soldin … (1 comments)
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market condition: Housing starts drop sharply. From Red Deer Advocate - 03/12/08 10:47 AM
Housing starts drop sharply
By Harley Richards - Red Deer Advocate - March 11, 2008 The first two months of 2008 were probably a good time for tradespeople in Red Deer's residential construction sector to do some travelling.
The latest stats from Canada Mortgage and Housing Corp. suggest there may not have been … (0 comments)
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market condition: Houston, Texas Market Condition Report - March 7, 2008 - 03/07/08 05:11 PM
Note: Due to the large volume of homes sold, I usually need two months to compile data. So in March, I'll be using January data which I obtained from the Houston Association of Realtors.At the present time the mortgage company and loan problems you have been reading about have affected Houston housing … (2 comments)
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market condition: Best time to Buy in Four Years - Good News! - 03/05/08 12:22 PM
Finally some good news coming from the National Media.
A recent article on CNNMoney.com is very informative with regard to home values across the country. The main theme in the article is EXCELLENT NEWS!
Our current market now is giving homebuyers the best buys they've had since 2004 !!
I have been shouting … (6 comments)
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market condition: Las Vegas Market Condition Commentary - 03/03/08 06:37 PM
Can you believe February is over already?
Things have really been moving along this month in Las Vegas and Henderson for Real Estate. We're noticing the inventory that's been overwhelming for over a year is finally starting to diminish. In fact just in the past week there were 1% fewer homes … (0 comments)
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market condition: Market Trend Analyis - Denver Metro Area Selected Towns/Cities - 03/02/08 07:52 PM
Well, it looks like warm weather (warmer than last year), lowered interest rates and increased showing activity brought people into the market, by the MEGATON!!!
Here are some of the highlights:
The overall market swung wildly from 5.7 months of inventory to 7.0 months of inventory. WOW!HOWEVER, ALL markets surveyed below showed a … (0 comments)
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market condition: Denver, Colorado - Market Demographic - 03/02/08 06:24 PM
Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.
… (0 comments)
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market condition: MileHighHomeHunter March Newsletter is Ready! - 03/02/08 06:16 PM
Here is a link to my "March Real Estate Update":http://realtytimes.com/112/MichaelJClarksonThis Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: "When Selling Your Home, Using Scents Makes Sense!";"Condos Pay Off As Second … (0 comments)
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market condition: Clarkson - Online Referral Directory is Here!!! - 02/29/08 10:39 PM
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market condition: New Builders - They Offer Deals, They LOVE Realtors® - 02/29/08 09:37 PM
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market condition: Home Prices Drop to 20-year Low! 3-Part Blog Entry (Part 3) - 02/26/08 03:09 PM
Historical Return on Real Estate
Now that we have seen how Denver appears to be bucking the trend, nationally, let's look at returns on real estate. As the story is national in scope, permit me treat it nationally as well.
Let me start this section with a question: Do you recall the … (2 comments)
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market condition: Home Prices Drop to 20-year Low! 3-Part Blog Entry (Part 2) - 02/26/08 03:08 PM
The Denver Market
The data - the S&P/Case-Schiller Index of Home Price Indices - shows just how local real estate markets are. So, let's look into it more.
Though the overall market is down 8.9% (see article here), the local markets show many different stories. In the inimitable words of Secret Agent … (2 comments)
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market condition: Home Prices Drop to 20-year Low! 3-Part Blog Entry - 02/26/08 03:07 PM
You likely heard the headline today: "Home Prices Drop to 20-year Low!"
It's been all over the news and the internet. If you read the headlines, those of you from my generation would be reminded of a skit that Sean Penn did after the 1987 Stock Market Crash on Saturday Night Live. … (0 comments)
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market condition: Is Denver back? - 02/25/08 09:06 PM
Is Denver back?
Since December 2007, strong news has been published about the Denver real estate market. As noted in the flash message on this page (immediately to the right), Denver has been touted as having:
A projected "Top 5 Market" as identified in a National Association of REALTORS®. Click here to see … (1 comments)
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market condition: MileHighHomeHunter is selected Realty Times' site of the Day - 02/24/08 10:04 PM
Folks:
I hadn't had a chance to share some good news with you that I have wanted to for a while. My site - YES! MY SITE! - was chosen as Realty Times® "Site of the Day".
Realty Times® is by far the leading Real Estate News site on the Internet and is … (3 comments)
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market condition: New Builders - They Offer Deals, They LOVE Realtors® - 02/24/08 09:56 PM
Folks: As part of "Bringing the World Home to You, I work with new home builders to get the latest deals out to you. These are the deals that I received for DR Horton. Did you know:
Reputable builders encourage Buyers to have a professional real estate broker working with them? … (0 comments)
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market condition: New Listing!!! Applewood West - Ranch Home - Short Sale - 02/21/08 02:07 PM
… (0 comments)
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market condition: Is Vegas Finding Its Bottom? - 02/20/08 12:50 AM
Last week, I heard one of my top agents call to tell his well-qualified, first time home buyer that another offer was accepted on the home he wanted. This is the second time he's had to make that call. They are looking for a newer 3 bedroom home with a 2 … (0 comments)
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market condition: Clarkson - Online Referral Directory is Coming!!! - 02/17/08 06:39 PM
As you may guess, I receive many requests from friends and associates for referrals to professional trades and services - everything from painters to attorneys. Because I receive such a large number of requests, and because I operate my own business by referral, I have decided to commit some time and … (0 comments)
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market condition: MileHighHomeHunter.com Ranks High Amongst Leading Colorado Websites - 02/17/08 05:19 PM
Folks:
My personal websites were three of the highest ranked sites on the world wide web, according to Alexa.com:
MileHighHomeHunter.com - 593,602MileHighForeclosure.com - 727,528MileHighMLS.com - 900,116These rankings place all three in the top 1% of websites globally, with an annual reach of over 150,000. These rankings also make me competitive - by myself … (1 comments)
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market condition: Cowlitz County real estate market is picking up. - 02/17/08 03:55 PM
Checking the stats for the Cowlitz County real estate market is definitely clear that the market is picking up, as usual does every year after slow December and January. At the beginning of this month I posted the stats for January and there were only 38 homes pending at that time, … (6 comments)
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market condition: Braes Heights Real Estate,Houston Texas Real Estate - Market Conditions - February 2008 Report - 02/17/08 02:58 AM
Sales in the Braes Heights real estate neighborhood located in Houston, Texas can be largely broken down as follows: Older homes with few if any updates which are mainly worth lot value; Older homes which have been completely remodeled; and, New or recent construction.According to information that was reviewed on Houston Association of REALTORS Multiple Listing … (0 comments)
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market condition: West University Place, Houston, Texas Real Estate - Market Condition - February 2008 Report - 02/17/08 01:45 AM
Meg and Jim Zoller - The Zoller Group of Keller Williams Realty, The Metropolitan
Please view our website, http://www.finehomeshouston.com/ . Also, feel free to contact us at:
Direct: 713-661-0884
Toll Free: 800-808-6153
E-mail: Meg@FineHomesHouston.com or Jim@FineHomesHouston.com
Cells: Meg - 713-875-4844 Jim - 713-545-6338
… (1 comments)
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market condition: Colorado Gardening and Home Show - $2 Off Coupon - 02/16/08 03:04 PM
… (0 comments)
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market condition: Denver is #9...and IMPROVING!!! - 02/15/08 09:14 PM
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market condition: Houston Heights Real Estate, Houston, Texas - Market Condition - February, 2008 - 02/14/08 12:05 AM
There are approximately 3500 single family homes in the Houston Heights with an average sales price per sq. ft. of $164 in 2006. Since 1994, this figure has increased every year. The values were $150/sq ft.in 2004 and 156 in 2005. These figures were obtained from the Houston Association of Realtors … (3 comments)
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market condition: So, Ya' Wanna Move WHEN? - 02/07/08 12:45 AM
… (2 comments)
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market condition: Market Trend Analysis - Denver Metro Selected Towns/Cities - 02/03/08 04:04 PM
Dear Readers:
Wow! The data this month really signifies a sea change!
Why?
There are three factors in the data that indicate Denver has a very favorable outlook in residential real estate:
Continually strong sales activity, drawing down existing resale inventory - a 1,838 listing reduction in the month of January alone This … (1 comments)
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market condition: Denver Real Estate Market - Market Conditions As of February 3, 2008 (Current Month) - 02/03/08 03:13 PM
Dear Readers:
Wow! The data this month really signifies a sea change!
Why?
There are three factors in the data that indicate Denver has a very favorable outlook in residential real estate:
Continually strong sales activity, drawing down existing resale inventory - a 1,838 listing reduction in the month of January alone This … (0 comments)
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market condition: Michael Clarkson - Mile High Home Hunter - Interviewed for Denver Business Journal Article - 02/03/08 03:10 PM
Folks:
I wanted to share that I was interviewed by the Denver Business Journal for an article that Paula Moore was doing called: Investors Find Opportunities in Homes Lost to Foreclosure.
In the article, there seems to be a general concensus that the local market is picking up significantly. I would agree that … (0 comments)
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market condition: The Good Solid Market is Back!! Or is it? - 01/28/08 01:45 AM
Hi Everybody,
I hosted an Open House today and had one of my biggest turn-outs ever!! I lost count of how many groups came through. Yee Ha!!
In the last few weeks, my phone has been ringing a lot from both Agents calling on my listings and new Buyers calling on my listings.
I received … (3 comments)
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market condition: Meyerland Real Estate, Houston, Texas - January 2008 - Market Condition - 01/23/08 01:59 AM
Meyerland is a residential neighborhood located in Houston, Texas. It is located on the banks of Brays Bayou at the outermost southwest corner of Loop 610 . . .immediately south of Bellaire. Approximately a 15 minute drive to downtown Houston, the Texas Medical Center, the Galleria and the Reliant Park complex, … (1 comments)
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market condition: Houston Real Estate, Houston, Texas - January 2008 - Market Conditions - 01/23/08 12:37 AM
Houston, Texas was founded in 1836 and named after General Sam Houston. It is often referred to as the Bayou City or Space City. It is reported to be the 4th largest city in the United States with a population close to 2 million. The city has been a dynamic business … (3 comments)
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market condition: Houston Heights Real Estate, Houston, Texas - January 2008 - Market Conditions - 01/22/08 12:17 PM
The Houston Heights real estate area is a very historical neighborhood in Houston, Texas. The area has a mixture of bungalow, Victorian homes, new construction and some industrial and commercial properties.In the late 1890's the Houston Heights was originally established as a planned community. The location was partially chosen because it was … (2 comments)
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market condition: Montrose Real Estate, Houston Real Estate - January 2008 - Market Conditions - 01/22/08 02:17 AM
Originally pronounced as if it were two words . . . "Mont Rose", Montrose real estate in Houston, Texas is bound on the south by Highway 59, on the north by Allen Parkway, on the east by Bagby Street and on the west by Shepherd. This is a neighborhood located close to … (4 comments)
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market condition: Bellaire Real Estate, Bellaire, Texas - January 2008 - Market Conditions - 01/22/08 01:38 AM
Bellaire, Texas is a city which is completely surrounded by the city of Houston, Texas and is near a number of well-known subdivisions including West University Place, Southside Place, Meyerland, Willow Meadows and Afton Oaks. It is located on both sides of Interstate Loop 610 West. Bellaire, Texas is a very short distance … (0 comments)
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market condition: THESE ARE THE GOOD OL' DAYS NOW! - 01/13/08 12:58 PM
Yes, I suppose you could wait for "the bottom" then buy too late. Now that the "talking heads" and the "pundits" (don't forget the blogs of course) glazed the entire public into their way of thinking that real estate "everywhere" is a bad investment the new thing or the new glaze now is "recession". … (0 comments)
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market condition: Cowlitz County real estate market overview - 01/08/08 12:39 AM
The following is an over view of the current Cowlitz County real estate market. Well, as much as I don't want it to be true, with more price reductions almost everyday, than new and sold listings, longer time on the market, without a doubt the last six months the local market … (0 comments)
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market condition: My Monthly Real Estate Update - 01/06/08 06:19 PM
Here is a link to my "January Real Estate Update":Click HereThis Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: "Top 10 Tax Breaks, On The House";"Battle of the Warring Housing … (0 comments)
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market condition: Denver Real Estate Market - Market Conditions As of January 2, 2008 (Current Month) - 01/06/08 06:16 PM
This month showed continuing improvement in the selected markets shown below, which bucks the "conventional" wisdom from much of the local media.Last month, there were 10 Seller's Markets, 3 Neutral Markets, and 4 Buyer's Markets; THIS MONTH, there are 13 Seller's Markets, 3 Neutral Markets and 1 Buyer's Market. This was … (0 comments)
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market condition: News Alert from MileHighHomeHunter.com - 12/29/07 08:35 AM
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market condition: Clarkson - The Mile High Home Hunter - My Weekly Real Estate News Channel - 12/29/07 08:33 AM
Here is a link to my weekly "REAL ESTATE NEWS CHANNEL":Click Here This week's segments are full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.Some of the topics covered this week are:Real Estate Outlook - The economy's messages for … (2 comments)
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market condition: Denver Real Estate Market - Market Conditions As of December 2, 2007 (Current Month) - 12/08/07 02:36 PM
This will be the last update in 2007. December's update will occur January 10, 2008. As this year wraps up, I continue to find increasing agreement from the top producing REALTORS® that the Denver market is improving. You will note that - even though we are in the slower part of … (0 comments)
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market condition: My Monthly Real Estate Update - 12/08/07 01:11 PM
Here is a link to my "December Real Estate Update":Click HereThis Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: "Should I Take My Home Off the Market During the Holidays?";"How … (0 comments)
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market condition: Market Update - Seminole County Florida - 12/05/07 07:05 PM
Real Estate Market Report/Conditions in Seminole County, FL as of 12/01/2007.
The following is a quick analysis of the re-sale market within Seminole County, Florida for November 1 - 30, 2007, provided by Debbie Summers of RE/MAX Central Realty, in Lake Mary, FL (sales information compiled from the Mid Florida Regional Multiple Listing Service)
Homes currently on the market: … (0 comments)
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market condition: Denver Metro Cities - State of the Market - 11/17/07 01:21 AM
Data. It's what we need, but don't always listen to. For the past 6 months, I have been feeling like a bit of steroetypical used car sales man, telling clients that the data I was seeing indicated a stronger. I was seeing movements in the reduction of days on market, reductions … (0 comments)
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market condition: Gainesville Market Report - November 07 - 11/11/07 11:40 AM
A good and informative article appeared in our Sunday Edition of THE GAINESVILLE SUN - Homes & Real Estate Section. With all the horrible, negative news about Real Estate and the Housing Industry throughout the U.S. it was a sign of good things about our local market here in Gainesville.
The statistics … (2 comments)
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market condition: Londonderry, NH Market Condition - Absorption Rate 10-2007 - 11/10/07 07:50 PM
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?
As of today November 10th, there are 122 Residential Homes for sale in Londonderry, NH.
For the month of October 15 Residential Homes sold.
So, taking the 1 month of … (2 comments)
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market condition: Litchfield, NH Market Condition - Absorption Rate 10-2007 - 11/10/07 07:37 PM
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?
As of today Nov 10, there are 68 Residential Homes for sale in Litchfield, NH.
For the month of October 4 Residential Homes sold.
So, taking the 1 month of sales for … (0 comments)
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market condition: Break down of market conditions - 11/08/07 01:26 AM
As mentioned in a previous blog I thought I would break down a few numbers. So here you go:
IN the 350-400,000 price range
Sales are down 22.4% (BAD)
New listings are also down 30% (good less competition coming on the market)
Days on the Market down 40% (good what is there is staying on the market … (0 comments)
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market condition: Southern New Jersey Market Trends - 11/07/07 04:17 PM
Just like the rest of the nation, the real estate market in Burlington County and Camden County sure has changed over the past two years. Over the past two years, the amount of home for sale has increased 50% - 60% depending on which county you're in. On the flip side, … (0 comments)
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market condition: Too many projects not enough time - 10/27/07 01:30 PM
Do you believe that everything happens for a reason? We can only hope so.
I purchased two homes in July and due to poor contractor work have been unable to finalize the "flips" until just a few days ago. During that time I have witnessed the market lag and fall, and try … (6 comments)
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market condition: Birmingham Alabama Real Estate Market: Looking On The Bright Side - 10/23/07 04:05 PM
Last week an article came out in the Birmingham News pointing out a drop in sales for the month of September. In BIG print it read, "Month's Sales Drop 15%..." Let's read on though, because things may not be as bad as it seems. Let's look on the bright side.
To be … (0 comments)
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market condition: Show market smarts with market statistics. - 10/18/07 05:47 PM
Know your local market stats and use them to help educate buyers and sellers. Revamped listing presentation to provide fresh new emphasis on pricing. Incorporated up-to-the-minute market stats into that presentation. Prices are adjusting to meet our current market conditions. Sellers are seeing first hand what is happening in their neighbor … (4 comments)
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market condition: Lets Not Be Like The Monkeys... - 10/07/07 01:06 PM
Earlier this year, I was in a class to learn how to improve communication with clients and in the course of listening to our seminar leader, he brought up a story regarding an experiment that was done with monkeys...
It went something like this - they put several monkeys in a room togetherand … (0 comments)
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market condition: Litchfield, NH Market Condition - Absorption Rate 9-2007 - 10/02/07 09:33 PM
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?
As of today Oct 2, there are 61 Residential Homes for sale in Litchfield, NH.
For the month of September 5 Residential Homes sold.
So, taking the 1 month of … (0 comments)
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market condition: Alpharetta Homes For Sale & Real Estate Market Report: Sept 07 - 09/11/07 12:28 PM
Alpharetta is one of the strongest markets in Georgia. There's something for everyone. There are currently 1612 homes for sale in Alpharetta with an average price of $688K. With Four bedrooms and four and one half baths, these homes are often larger than their Atlanta counterparts.
There are 192 homes under contract … (0 comments)
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market condition: Real Estate Clients Need The Hard Facts - from KW Newsletter - 09/10/07 02:45 PM
The current upheaval in the market has given rise to significant opportunities to help your clients make informed decisions. Tom Sherman, President of Mortgage Services Unlimited in Dallas, emphasizes the importance of educating clients. For your sellers, the following points are key:
Home values will stay stagnant or potentially decrease. Qualified … (0 comments)
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market condition: Mesquite's Market - 08/27/07 11:09 PM
Mesquite is currently in a long needed adjustment phase for real estate pricing. Sellers are currently making the needed downward adjustments in pricing to adapt to the lag in the overall buyer demand. With Del Webb currently making large price drops on their offered product - those in the resale market … (0 comments)
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market condition: Extra! Extra! Calling All Buyers..... It's a Buyer's Market - 08/25/07 03:47 PM
We have all been so bombarded with national & local news about the real estate marketbeing down, down, down. Indeed, it has been a slower than normal market here in Gainesville-Alachua County. Yet, please know this means a slower market for the "sellers". It's a great market for the "buyers"!
Why????
Interest Rates … (6 comments)
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market condition: Buying REO Properties - 08/10/07 10:59 AM
BUYING A REO (Bank Real Estate Owned) PROPERTY CAN MAKE AN AGENT GO GREY! PART III
So I guess Big Bank accected our offer and terms! YIPPPEE! Only 3 LONG weeks later! Well I shouldn't get too excited, although my buyer did by telling his lender we were in escrow.....she called me yesterday … (1 comments)
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market condition: MARKET FLASH - AUGUST 2007 - 08/07/07 03:25 PM
HOLDING STEADY
The Northern California housing market continues to see median prices rise as sales decline, a sure sign that the top end of the market is keeping itself healthy with cash. The fact that medians are holding steady or increasing year-to-date is proof of the strong desire to live, work … (0 comments)
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market condition: The Real Status of the Reno Market - 08/07/07 12:24 PM
I was recently quoted in this past Sunday's article on the Reno Economy's 2nd Quarter Results. The article is posted below.
Yes, I was quoted as saying that sales have gone up, but I also said (and wasn't quoted) they were only up 119 sales over 1st quarter. 2nd quarter is … (0 comments)
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market condition: How is our Real Estate Market – track it with the Absorption rate. - 08/03/07 06:43 PM
Authored by Kiran & Kiran, Call Realtyhttp://www.homesandloansphx.com/ 602-550-4842
In today's article, I want to cover the meaning of ABSORPTION rate. This is one of the plethora of indicators available to gauge the health of the real estate market - especially the local market.
What is ABSORPTION RATE? Number of available homes available for … (0 comments)
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market condition: Jacki's New Real Estate Phrase: Hinge Buyer - What is that and where do we find one? - 07/20/07 04:15 PM
It's a buyer's market. How often have we heard that lately? I have to say though, I dunno about all that. I think it's a stale-mate market personally. Here's why:As Jay Butler pointed out in an article in today's Arizona Republic, Buyers must first be sellers. And as we know, sellers … (0 comments)
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market condition: ORLAND PARK, IL REAL ESTATE CONDITIONS - 07/10/07 02:11 PM
ORLAND PARK REAL ESTATE
We at the Miller Team of RE/MAX 10 continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Orland Park Real Estate Statistics for the 1st Week of July, 2007.
Single Family Homes
Total Number of … (0 comments)
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market condition: Perfect Positioning in a Buyers Market... - 07/10/07 10:22 AM
In today's market, what can you do to stand out from the crowd and make your offer irresistible to a seller? The biggest fears many sellers have today stem from the media circus surrounding the real estate market. Specifically, sellers are worried that:1. My property will sit unsold for months and … (0 comments)
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market condition: Neosho Area Market Condition Report for May 11 - 17 2007 - 05/18/07 02:46 PM
We here at RE/MAX New Directions continuosly monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Neosho Missouri area real estate statistics for the period May 11 through May 17th 2007 as compiled by the Ozark Gateway Board of REALTORS®.
New Homes on … (0 comments)
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market condition: SE Kansas Area Market Condition Report for May 11 - 17 2007 - 05/18/07 02:43 PM
We here at RE/MAX New Directions continuosly monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find SE Kansas area real estate statistics for the period May 11 through May 17th 2007 as compiled by the Ozark Gateway Board of REALTORS®.
New Homes on … (0 comments)
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market condition: Colorado Springs Market Report For May - 05/12/07 05:10 PM
… (0 comments)
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market condition: Carl Junction Area Market Condition Report May 1 - 10 - 05/11/07 01:29 PM
We here at RE/MAX New Directions continuosly monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Carl Junction Missouri area real estate statistics for the period May 1 through May 10th.
New Homes on the market - 9
Number of homes under … (0 comments)
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market condition: Weather has been subprime! - 04/24/07 02:44 PM
Technorati Profile … (0 comments)
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market condition: Glenda Daughety's March 2007 Real Estate Podcast - 04/19/07 10:31 AM
Glenda Daughety's March 2007 Real Estate Podcast offers tips on negotiating your contract for a win-win.
This month's edition covers Baton Rouge real estate market activity and we've got insights and strategies for you to successfully negotiate your contract for a win-win!
Features special guest Terri Murphy of US Learning.
Visit my website … (2 comments)
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market condition: The Art of the Deal - 03/30/07 07:01 PM
I was communicating with a client who has been "gauging" the market by sitting on the sideline and just watching for nearly a year. He just wrote to me asking about the impact of the sub-prime market on the local market. In responding to him, I asked him a question about … (1 comments)
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market condition: Johnson County, Kansas Home Market Condition - 02/14/07 10:47 AM
Below is the market analysis report for resale homes in the Johnson County, Kansas area as reported by the Heartland MLS.
The cities which make up Johnson County, Kansas are:
De SotoEdgertonGardnerFairwayLake QuiviraLeawoodLenexaMerriamMissionMission HillsOlatheOverland ParkPrairie VillageRoeland ParkShawneeSpring HillWestwoodWestwood Hills
With so many cities making up one county you can imagine the variety of neighborhoods … (1 comments)
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market condition: What's Happening in the Market?? Buckingham PA - 12/12/06 03:46 PM
Here is a look at the numbers for the past 4 years of houses in Buckingham,PA
There are currently 178 homes listed in Buckingham. Average monthly sales are 22 (taken over the past 1 year period). This means that we have an 8 month inventory of homes in Buckingham if they … (0 comments)
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market condition: Atlanta Real Estate Conditions - 11/29/06 01:55 PM
I keep hearing about all of the gloom and doom on the TV and radio. I hear many agents in my office complaining about their listings not being shown. But in the last month, we've had 3 buyers get beat out of homes by competing offers. All of them were in … (0 comments)
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