Blog entries tagged with "market conditions":


market conditions: Denton County Real Estate Market Update - 05/17/08 05:17 PM
It is hard to know  what the truth about the real estate market is based on the national news and media. I am here to educate you on your particular market in Denton County. This area includes: Flower Mound, Lewisville, Highland Village, Lantana, Shady Shores,Hickory Creek, Denton, Lake Dallas, Corinth, Argyle, Aubrey, Bartonville, and Carrollton. 
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market conditions: Fannie Mae Announces Change in Down Payment Policy for “Declining Markets” - 05/17/08 08:54 AM
Fannie Mae - the country’s largest secondary has announced that it will no longer require an extra 5% down payment for home purchases in areas deemed as “declining markets.”
Long a point of contention with agents and brokers across the country, the earlier Fannie Mae policy was seen as a … (3 comments)

market conditions: Positive Market News! - 05/16/08 02:17 PM
Positive Market News!   Isn't it about time?
According to an article in the Wall Street Journal 5/6/2008 written By CYRIL MOULLE-BERTEAUX, "The Housing Crisis is OVER"!
So...for you buyers who have been fence sitting....I would advise you to think about getting off the fence and buy soon! 
We never know that … (9 comments)

market conditions: Inventories Hold Steady - 05/16/08 06:44 AM
The supply of homes available for sale in the Rocky Mount Area MLS has held steady for the last five months. Total listing of homes for sale increased 1.1 percent in April compared to March, according to figures compiled from the Rocky Mount Area Association of Realtors Multiple Listing service (RMAAR … (0 comments)

market conditions: Silverdale Real Estate Market - April 2008 - 05/15/08 02:30 PM
Homes in Silverdale were selling for a median price of about $293,000 at the end of April, down about 2.3% from a year ago. The YTD median dropped about 11% from its value last month and last month dropped 15% from the previous month. We started the year with a number … (0 comments)

market conditions: Poulsbo Real Estate Market - April 2008 - 05/15/08 02:28 PM
Statistics we refer to are for that part of Poulsbo encompassing the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, including parts north to Sawdust Hill Rd. The market for other parts of Poulsbo and its suburbs should have approximately similar trends. Homes in Poulsbo were selling … (0 comments)

market conditions: North Kitsap Real Estate - April 2008 - 05/15/08 02:27 PM
Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a median price of about $415,000 at the end of April, up about 16% from a year ago and up about 17% from last month. Kingston prices fluctuate more than some of the … (0 comments)

market conditions: Bremerton Real Estate Market - April 2008 - 05/15/08 02:25 PM
Statistics we refer to are for that part of Bremerton encompassing the downtown core and west to Kitsap Lake. The market for other parts of Bremerton and its suburbs should have approximately similar trends. Homes in Bremerton were selling for a YTD median price of about $180,450 at the end of … (0 comments)

market conditions: Bainbridge Island Real Estate Market - April 2008 - 05/15/08 02:23 PM
Residential homes on Bainbridge Island were selling for a median price of about $644,000 at the end of April, a drop of 1.5% from a year ago. The April median price for closed sales was about half a percent lower than last month's median price. Kitsap County median prices have fallen … (0 comments)

market conditions: Housing Inventories Hold Steady - 05/14/08 08:49 AM
The supply of homes available for sale in the Rocky Mount Area MLS has held steady for the last five months. Total listing of homes for sale increased 1.1 percent in April compared to March, according to figures compiled from the Rocky Mount Area Association of Realtors Multiple Listing service (RMAAR … (0 comments)

market conditions: We're All Just Three Months Away From Foreclosure - 05/13/08 06:06 PM
I was in the office the other day talking with a colleague.
We were discussing the market.  Our business.  Our projected business.  We laughed.  We made some jokes.
Then we broached the topic of all the short sales and foreclosure properties on the market.  Short sales have definitely become the new big … (2 comments)

market conditions: LIBOR Liars - 05/13/08 12:11 PM
LIBOR: "London InterBank Offered Rate"
It's what one London based bank will lend money to another London based bank.
To us, it's an index. This is all about London - why should we care?
Remember how ARM's work An index is just something that we can all point to … (2 comments)

market conditions: The Bank Owned Property Rodeo - 05/12/08 04:05 PM
Last Friday night I met a client to see two bank owned properties here in Sacramento. I have already experienced the climate at which some of these properties are running and there is one word to desribe it....HOT!  As we pulled up to the second property, I could see there were … (0 comments)

market conditions: My Best Idea Yet - 05/12/08 01:16 PM
As I was sitting at home the other day, I was thinking about our current real estate market.  Of course, it seems all I do is thinking about real estate.  Anyway, I came up with a great idea to help improve the value of your home and all it requires you … (0 comments)

market conditions: Lake Arrowhead Real Estate: Weekly Market Update (05/04/08 - 05/10/08) - 05/12/08 11:37 AM
This week there were 36 new listings from Crestline to Green Valley Lake and all areas in between.  Fourteen listings mountain-wide successfully closed escrow with the average listing selling for 95% of the list price.  Arrowhead Woods and Running Springs showed an average number of days on market of 228.6 … (0 comments)

market conditions: Jacksonville, Florida Market Update - Video Report - 05/12/08 08:19 AM

In our continued effort to provide the highest quality, most up-to-date real estate information to people interested in the Jacksonville, Florida market, we have partnered with Realty Times. In addition to the many great newsfeeds they provide, we will be adding local information, market reports and more.
We hope that you benefit … (0 comments)

market conditions: Happy Days ARE Here Again! - 05/11/08 02:56 PM
Bloomberg.com posted the news that Consumer Confidence fell to a 5-year low and home prices as measured by the S&P/C-S Index experienced their greatest decline since at least 2001. San Diego experienced a year-over-year decline of 19.2% Will they drop further? Some say yes; some say maybe; some say no.
So, … (0 comments)

market conditions: Marin County and Southern Sonoma County Real Estate Market Conditions Update for April 2008 - 05/11/08 12:06 PM

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market conditions: Sonoma, CA Real Estate Market Conditions Update ~ April 2008 - 05/11/08 11:51 AM
As of May 10, 2008 only 13% of available listings in the beautiful town of Sonoma are in escrow.  So, HELLO Buyers, we want YOU in Sonoma!
For the month of April 2008 only 21 homes sold in Sonoma for an average final selling price of $1,219,656.
The average original asking … (0 comments)

market conditions: Petaluma, CA Real Estate Market Conditions Update ~ April 2008 - 05/11/08 11:49 AM
As of May 10, 2008 26% of available listings in Petaluma are in escrow.
For the month of April 2008 45 homes sold in Petaluma for an average final selling price of $595,649.
The average original asking prices of these homes was $645,441.
It took these homes an average of 93 … (0 comments)

market conditions: Marin County, CA Real Estate Market Conditions Update ~ April 2008 - 05/11/08 11:46 AM
As of May 10, 2008 only 20% of available listings in Marvelous Marin County are in escrow.  So, HELLO Buyers, we want you in Marin County!
For the month of April 2008 only 180 homes sold in Marin County for an average final selling price of $1,224,710.
The final selling prices … (0 comments)

market conditions: Tiburon, CA Real Estate Market Conditions Update ~ April 2008 - 05/11/08 11:43 AM
As of May 10, 2008 only 18% of available listings in Tiburon are in escrow.
For the month of April 2008 12 homes sold in Tiburon for an average final selling price of $1,807,618.
The average original asking price of these homes was $1,838,579.
It took these homes an average of … (0 comments)

market conditions: Sausalito, CA Real Estate Market Conditions Update ~ April 2008 - 05/11/08 11:41 AM
As of May 10, 2008 only 18% of available listings in Sausalito are in escrow.
For the month of April 2008 only 6 homes sold in Sausalito for an average final selling price of $1,655,000.
The average original asking price of these homes was $1,816,579.
It took these homes an average … (0 comments)

market conditions: New Milford, CT - April, 2008 Real Estate Market Report - 05/11/08 10:12 AM
New Milford, Connecticut Real Estate Update  April, 2008
Closed home sales in New Milford, Connecticut:
Single Family Homes:There were 17 single family home sales closed in New Milford, CT.List Prices ranged from $269,900 - $609,900.Closed Sales Prices ranged from $240,000 - $620,000.
The average closed real estate sales price for single family homes in … (0 comments)

market conditions: Brookfield, CT - April, 2008 Real Estate Market Report - 05/11/08 09:52 AM
Brookfield, Connecticut Real Estate Update  April, 2008
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 12 single family home sales closed in Brookfield, CT.List Prices ranged from $320,900 - $715,000.Closed Sales Prices ranged from $317,000 - $715,000.
The average closed real estate sales price for single family homes in Brookfield was $441,933.The median … (0 comments)

market conditions: Danbury, CT - April, 2008 Real Estate Market Report - 05/11/08 09:35 AM
Danbury, Connecticut Real Estate Update April, 2008
Closed home sales in Danbury, Connecticut:
Single Family Homes:There were 29 single family home sales closed in Danbury, CT.List Prices ranged from $149,900 - $749,000.Closed Sales Prices ranged from $139,900 - $718,000.
The average closed real estate sales price for single family homes in Danbury was $369,302.  The … (0 comments)

market conditions: Sherman, CT - April, 2008 Real Estate Market Report - 05/11/08 09:03 AM
Sherman, Connecticut Real Estate Update April, 2008
Closed home sales in Sherman, Connecticut:
There were 3 home sales closed in Sherman, CT.List Prices ranged from $359,000 - $597,500.Closed Sales Prices ranged from $330,000 - $572,000.
Marketing time ranged from 191 - 290 days on market.  The average was 237 days on market.This … (0 comments)

market conditions: New Fairfield, CT - April, 2008 Real Estate Market Report - 05/11/08 08:54 AM
New Fairfield, Connecticut Real Estate Update April, 2008
Closed home sales in New Fairfield, Connecticut:
There were 6 home sales closed in New Fairfield, CT.List Prices ranged from $310,000 - $1,695,000.Closed Sales Prices ranged from $302,500 - $1,565,000.
The average closed real estate sales price for New Fairfield was $640,475.The median closed real … (0 comments)

market conditions: San Rafael, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 08:09 PM
As of May 10, 2008 22% of available listings in San Rafael are in escrow.
For the month of April 2008 45 homes sold in San Rafael for an average final selling price of $854,429.
The average original asking price of these homes was $910,864.
It took these homes an average … (2 comments)

market conditions: San Anselmo, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 08:03 PM
As of May 10, 2008 21% of available listings in San Anselmo are in escrow.
For the month of April 2008 18 homes sold in San Anselmo for an average final selling price of $1,381,436.
The average original asking price of these homes was $1,422,722.
It took these homes an average of … (2 comments)

market conditions: Ross, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 07:57 PM
As of May 10, 2008 only 14% of available homes in Ross are in escrow.
For the month of April 2008 only 1 home sold in Ross for $3,100,000.
The original asking price of this home was $3,200,000.
This home sold before it was ever even loaded onto the MLS.
For … (0 comments)

market conditions: Novato, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 07:49 PM
As of May 10, 2008 20% of available listings in Novato are in escrow.
For the month of April 2008 an encouraging 46 homes sold in Novato, for an average final selling price of $594,460.
The average original asking price of these homes was $636,218.
It took these homes an average … (0 comments)

market conditions: Mill Valley, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 07:41 PM
As of May 10, 2008 23% of available listings in Mill Valley are in escrow.
For the month of April 2008 20 homes sold in Mill Valley for an average final selling price of $1,555,358.
The average original asking price of these homes was $1,574,450.
It took these homes an average of … (0 comments)

market conditions: Larkspur, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 07:32 PM
As of May 10, 2008 15% of available listings are in escrow.
For the month of April 2008 only 5 homes sold in Larkspur for an average final selling price of $1,501,916.
The average original asking price of these homes was $1,592,780.
It took these homes an average of 51 days … (2 comments)

market conditions: Kentfield, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 07:27 PM
As of May 10, 2008 28% of available listings in Kentfield are in escrow.
For the month of April 2008 10 homes sold in Kentfield for an average final selling price of $2,775,400.
The average original asking price of these homes was $3,486,400.
It took these homes an average of 150 … (0 comments)

market conditions: Greenbrae, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 07:19 PM
As of May 10, 2008 26% of available listings in Greenbrae are in escrow.
For the month of April 2008 only 3 homes sold in Greenbrae for an average final selling price of $1,793,333.
The average original asking price of these homes was $1,764,333.
It took these homes an average of … (0 comments)

market conditions: Zip Code 23294 Market Report for April 2008! - 05/10/08 01:27 PM
This is the market report for zip code 23294. My report will give you a much more realistic picture of the market in the area closest to your home.
Currently, there are   69 Single Family Homes For Sale.
                             21 Single Family Homes under contract.
The sales figures in this report are for the month February 2008, This data was provided from the Richmond area … (0 comments)

market conditions: Fairfax, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 12:11 PM
As of May 10, 2008 30% of available listings in Corte Madera are in escrow.
For the month of April 2008 only 5 homes sold in Corte Madera for an average final selling price of $1,670,333.
The average original asking price of these homes was $1,702,600.
It took these homes an … (0 comments)

market conditions: Corte Madera, CA Real Estate Market Conditions Update ~ April 2008 - 05/10/08 12:05 PM
As of May 10, 2008 30% of available listings in Corte Madera are in escrow.
For the month of April 2008 only 5 homes sold in Corte Madera for an average final selling price of $1,670,333.
The average original asking price of these homes was $1,702,600.
It took these homes an … (0 comments)

market conditions: What to Offer? - 05/09/08 06:35 PM
Buyers in this market often wonder how much to offer on a house they want to buy.
Some just wildly assume they can offer 10% or 20% or 30% less than list price.Others have read an article in the paper that they should offer less than 10% of list price, and buy … (3 comments)

market conditions: How is the Real Estate Market in Utah? - 05/09/08 05:32 PM
With all the news going on about real estate lately, I have been asked, multiple times, if I am concerned about my real estate investments.  My answer is always no.  Utah is a great place to invest in real estate.  Currently Utah is the envy of the rest of the country.  … (6 comments)

market conditions: West Bull Mountain Planning - 05/09/08 05:22 PM
A West Bull Mountain advisory committee met last week and decided on the concept plan for a community to be made from the ground up, and concluded that it needs to include language about job creation and more diverse housing than some had previously expressed. Also studied was the disparity between … (0 comments)

market conditions: Government Loans Jamming up the Market - 05/09/08 11:34 AM
As if the situation hasn't been bad enough with all of the bad loans that have been given out on houses in the past several years, now government loans are also putting a jam on the current real estate market. After we have had several closings that have had to request … (3 comments)

market conditions: Eastover Real Estate Market Conditions - 05/09/08 11:33 AM
Eastover Real EstateWe here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Eastover real estate statistic for the 1st week of May.New homes on the market: 7Number of homes pending: 0Number … (0 comments)

market conditions: Cotswold Real Estate Market Condiiotns - 05/09/08 11:23 AM
Cotswold Real Estate:We here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Cotswold real estate statistic for the 1st week of May.New homes on the market: 14Number of homes pending: 2Number … (0 comments)

market conditions: Dilworth Real Estate Market Conditions - 05/09/08 11:06 AM
Dilworth Real Estate:We here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Dilworth real estate statistic for the 1st week of May.New homes on the market: 7
Number of homes pending: … (0 comments)

market conditions: Myers Park Real Estate Market Conditions - 05/09/08 10:56 AM
Myers Park Real EstateWe here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Myers Park real estate statistic for the 1st week of May.New homes on the market: 25Number of homes … (0 comments)

market conditions: South Charlotte Real Estate Market Conditions - 05/09/08 10:42 AM
South Charlotte Real Estate
We here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find South Charlotte real estate statistic for the 1st week of May, these statistics are for the entire … (0 comments)

market conditions: 2nd Invitation to Michele Bachmann of Minnesota's 6th District in the U.S. House of Representatives to come to St Cloud MN - 05/08/08 05:35 PM
Final reply - Invitation to Michele Bachmann of Minnesota's 6th District in the U.S. House of Representatives to come to St Cloud MN - Original invitation sent April 2, 2008
Well we have finally received a reply with the date and the time for the meeting from Michelle Bachmann's staffers (only … (0 comments)

market conditions: Phoenix Metro Market Conditions and Sales Reports- April 2008 - 05/08/08 04:30 PM
For city specific market condition reports - click on the city names.
* Phoenix is divided into smaller areas - North Phoenix, South Phoenix and Central Corridor.
** Scottsdale as North Scottsdale and South Scottsdale (reports by zip code are also available).
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market conditions: Is the Housing Crisis Over? - 05/08/08 03:56 PM
 
Hi,
I am often asked whether now is a good time to buy, or whether it is prudent to wait a few more months.  Obviously, everyones situation is different, but it goes to the basic needs of getting as much infoas possible  to make an informed decision.
The media is constantly … (5 comments)

market conditions: NC ain't doing so bad! - 05/08/08 03:45 PM
I'm happy to be living here...it's a wonderful place to work and play! 
Quoted from Forbes Magazine: 
5. Raleigh, N.C.
Median home price: +4%
Unemployment: 4.2% (from 3.7%)
Key growth: Professional and business Services, +7.4%; education and health, +6%
Stable home prices and growth across the different sectors of its economy have kept Raleigh strong. In the … (0 comments)

market conditions: Owatonna, MN Real Estate Market Condition Report May 7, 2008 - 05/07/08 05:48 PM
Interest Rates have fallen twice this week and are currently at 5.75% for a 30 year fixed on Wednesday May 7, 2008. Current real estate listing inventory - 196 active listings in Owatonna as of today. The active listing count has dropped again this week. We haven't been this low … (0 comments)

market conditions: Are We Sitting Under An Avalanche of Foreclosures Waiting To Bury Us? - 05/07/08 02:19 PM
In North Orange County CA, and especially in Fullerton, CA, I have noticed that things are really starting to pick up.  I have buyers that are looking to buy and it seems like the good homes are going quick in the first time homebuyer range.
I have noticed the investors coming out … (6 comments)

market conditions: SOLD In 90 Days or Less In Gwinnett: FACT OR FICTION? - 05/07/08 07:29 AM
It's true, the latest absorption report for Gwinnett County places the average home for sale as SOLD in just about 83 days or so. 
The two toughest sectors of homes to sell are surprisingly the $120 to $140K range of homes for sale and the $200 to $300K homes.  This data reinforces … (4 comments)

market conditions: Meet Robert Kleinhenz - 05/07/08 12:37 AM
I attended the Sacramento Association of Realtors monthly main meeting this morning. The speaker was the California Association of Realtors Deputy Chief Economist, Robert Kleinhenz. Interesting insights. I wish I could have taped his presentation because he cited so many statistics and graphs. Couple interesting things... The Sacramento market specifically, has … (2 comments)

market conditions: Bullitt County Kentucky (KY) Real Estate Market Index (April) - 05/06/08 11:43 PM
Despite the fact that there are numerous Bullitt County properties available that are very fairly priced and mortgage rates are low, buyers seem unwilling or unable to take advantage of the current situation.  Unable may be the key phrase here as only 58 of the 74 pending sales from March closed … (0 comments)

market conditions: Timing the Market or just paying more later! - 05/06/08 03:46 PM
OK, I had another client question when they should buy their new home so I thought it would be a good time to solicit opinions.  They do not have to sell a home so that puts them in a great position to purchase now while the inventory is high and prices … (0 comments)

market conditions: Mile High Home Hunter - The Daily Dirt - Market Activity by Community/Locale - 05/06/08 02:56 PM
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market conditions: It's raining... - 05/06/08 01:42 PM
It's been a rather slow winter down here on the Treasure Coast, we had a number of tire kickers, lookie lous and of course the tourists that come through wanting to live in Florida but aren't sure which coast they want to live on. At least we had some folks to … (2 comments)

market conditions: April 2008 Springboro Market - 05/05/08 12:59 PM
May 5th, 2008
In April there were 81 new houses listed in the Springboro Clearcreek Township area and 36 homes closed and sold. Inventory is increasing again, but this is what you would expect this time of year.
The Avg. sale price was 281,710 for April.
The % of sale to list price … (0 comments)

market conditions: Lake Arrowhead Real Estate - Weekly Market Update (04/27/08 - 05/03/08) - 05/05/08 11:14 AM
Listings, listings, listings - 48 new ones this past week hit the multiple listing service for areas from Crestline to Green Valley Lake.   Of the 5 sales in Arrowhead Woods, the average days on market was under 100 (though for all the sales reported in the mls for this past week … (0 comments)

market conditions: Mile High Home Hunter - The Daily Dirt - Market Activity by Price Point - 05/05/08 02:10 AM
What's the temperature of the market? 
Well, not too unlike someone recovering from the flu, the Metro Denver Market is looking better everyday. However, just like someone recovering from the flu, ya' wished you felt better.  Nevertheless, you're glad you're on the mend, as opposed to being on the downhill slide.  … (0 comments)

market conditions: In the trenches - what I see in my local market - 05/04/08 07:32 AM
All over the news it is doom and gloom about the housing market.  The statistics are there indicating how bad things are.  Somehow, I am seeing a slightly different story.  I have seen a tremendous increase in activity in April.  So much so that I actually have a buyer that is … (4 comments)

market conditions: April Market Update for Jackson Hole - 05/02/08 12:11 PM
Market conditions in Jackson continue to improve.  After the liquidity crisis in the Fall of 207 the market took a decided breather.  The trend of under contract properties took a dip along with the rest of the country.  That dip continued somewhat into the first quarter of 2008.  We have not … (0 comments)

market conditions: Owatonna, MN Real Estate Market Condition Report May 1, 2008 - 05/01/08 04:38 PM
Interest Rates have fallen twice this week and are currently at 5.50% for a 30 year fixed on Thursday May 1, 2008. Current real estate listing inventory - 205 active listings in Owatonna as of today. The active listing count has dropped again this week. There have been a few … (0 comments)

market conditions: April showers bring May flowers in Ann Arbor and a Brighter Market - 05/01/08 02:05 PM
The 1st day of May is here and it is chilly outside and it has been chilly in market too.  
Last year from April 1st 2007 to April 30th, 2007, we had closed on 148 homes in Ann Arbor.
This April from April 1st to April 30th, 2008, … (16 comments)

market conditions: Lake Arrowhead Real Estate: April 2007 vs. April 2008 - Market Statistics - 05/01/08 01:20 PM
This post deals strictly with ARROWHEAD WOODS statistics as compared monthly to the prior year's activity.  This report is for single-family residences only and does not include lakefront homes, condos or lots.  We are tracking information regarding new listings and properties sold.  We are also looking at some of the averages - days on … (3 comments)

market conditions: Michael Clarkson's Denver Market Update on 850 KOA with Denver's #1 Mike Rosen Talk Show - 05/01/08 12:38 AM
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market conditions: Property Tax Reassessment - 04/29/08 11:25 PM
Want to make an appeal to get your property taxes lowered? Starting in mid-May, the Sacramento County Assessor's office will be reviewing property values. Under California tax law per Proposition 8), if the market value of your property falls below the Proposition 13 assessed value as of January 1, the Assessor … (3 comments)

market conditions: Don't throw in the towel...act - 04/29/08 06:29 PM
I just got a call from a Loan Officer in another state asking for help.  He was looking for the answer to the age old question; How do I become a top producing Mortgage Loan Originator.  I don't think he liked the answer I gave because it wasn't a recipe but … (0 comments)

market conditions: The UPside of a DOWN Market--Part 2--Better Eats! - 04/29/08 01:41 PM
Why do I love this DOWN market--CARAVANS!--the Lunch offerings are getting MUCH better.
OK-not so great for the waistline, but in today's high inventory highly competitive market, Caravan Tuesday in my area is offering better food, better prizes for agents.  On any given Tuesday in my area, an agent should NOT go hungry! … (4 comments)

market conditions: Lake Arrowhead Real Estate: Weekly Market Update (04/20/08 - 04/26/08) - 04/28/08 04:15 PM
New listings continue to come on the market, with a total of 64 from peak-to-peak (Crestline to Green Valley Lake and all places in-between).  Only 7 sales posted this week, though there are nearly a hundred in the pipeline (in escrow).  The average days on market this week are considerably lower … (0 comments)

market conditions: Is The Real Estate Market In The Woodlands, TX As Sunny As The Sky? - 04/28/08 11:37 AM
Here's what's happening in The Woodlands Real Estate Market - View Point, by Ken Brand. For SellersFor Sale/Listing Inventory is up 7.9% compared to last year's inventory.  In January (see graph) For Sale/Listing Inventory was up 21.9%.  Considering angst fueled by national media and the fact that every year 100's … (0 comments)

market conditions: Fultondale Alabama Real Estate - 04/28/08 11:18 AM
Market conditions in Fultondale, Alabama are good.  Sales for the first quarter 2008 are up from those of 2007, both in units sold and average home price.  There is a lot of new construction as well as existing homes for sale.  In addition Fultondale has a major new shopping center near … (0 comments)

market conditions: Hot Markets... - 04/28/08 02:17 AM
 
I have gotten into several debates over the weekend, both in person and online (on other blogs and forums) regarding the state of the market in certain areas and price ranges. Folks, the market is blazing hot in nice areas under $300k. Allow me to illustrate...above is a Trendgraphix chart that … (1 comments)

market conditions: Buyers WANT to Buy....If the Price is Right! - 04/27/08 07:23 PM
I know we're in a recession and consumers are concerned about the economy, but you certainly couldn't tell that by the number of cars in the parking lot at the Mall last weekend. I absolutely couldn't believe how crowded it was...almost as bad as the week before Christmas!
The reason? Macy's One Day … (16 comments)

market conditions: Minneapolis, Minnesota Real Estate Market: Bottom in Sight! - 04/27/08 04:20 PM
Signs of the Bottom
They say you don't know the bottom until you reached it.  Real Estate markets move slowly, however, and the bottom of this market won't come up and slap us across the face, rather it will slowly emerge and turn into recovery over a 2-3 months time.
I see the … (3 comments)

market conditions: HomeGain on Active Rain - 04/27/08 09:52 AM
Bob Stewart invited me.
Fellow HomeGain bloggers Brian Brady, Linda Davis and Mary Mcknight also hang their hats here.
I know Max the HomeGain gorilla has been here since February and has found it quite hospitable. http://blog.homegain.com/max-visits-activerain-no-umbrella
So here I am. Bob thanks for the invite.
I'll use this space not to talk about … (9 comments)

market conditions: COME TO RABUN COUNTY AND EXPERIENCE THE BEAUTY OF THE LAKES AND MOUNTAINS - 04/26/08 01:05 PM
WHAT A BEAUTIFUL WEEK IN CLAYTON, GA!  THE DOGWOODS ARE IN BLOOM, THE SKIES ARE CRYSTAL BLUE, AND THE LEAVES ON THE TREES ARE SPRING GREEN.  THE CONTRAST AGAINST THE BLUE SKIES IS PAINTABLE!  WE HAVE HAD SO MUCH CHILLY WEATHER THIS WINTER, THAT WE ARE SOO EXCITED TO SEE THE … (1 comments)

market conditions: Owatonna, MN Real Estate Market Condition Report April 25, 2008 - 04/25/08 05:25 PM
Interest Rates have bounced up and down this week but finished right where they started at 5.875% for a 30 year fixed on Friday April 25th, 2008. Current real estate listing inventory - 213 active listings in Owatonna as of today. The active listing count has dropped this week. There … (2 comments)

market conditions: The Hard Reality. A letter from the marketplace. - 04/25/08 09:30 AM
I wonder how many of us will hear this story this year?
Last summer, I sold a piece of my property to some very nice folks from Minnesota for them to build their retirement home in the mountains of North Carolina. A custom Deltec home (octagonal sided or round house)was what they decided … (9 comments)

market conditions: Spring is in the air - 04/24/08 07:13 PM
What a great time of year. The grass is green, the sky is blue and the landscape is colorful. What can be better? In the Real Estate business, we love the spring because with it comes the "Spring Market". Inventory increases, buyers come out to look and hopefully buy and this … (2 comments)

market conditions: Multiple Offers...They're Baaaaack! - 04/24/08 07:01 PM
Welcome back to the world of multiple offers.Are you ready for them?
This month alone, I've been in six multiple offer situations - four on the buyer side, and two on the listing side.
Home in Ridgefield, Connecticut.  Priced at $1,000,000.  Two offers.Major fixer property in Brookfield, Connecticut.  Priced just under $200,000.  Three offers … (18 comments)

market conditions: Entry Level Purchasers Across Canada Are Adjusting Their Expectations - 04/24/08 11:51 AM
As Summer draws nearer the number of Listings in our area is beginning to increase creating a more stable marketplace. Now is not the time to be "testing the market" if you are serious about selling your home.
In reviewing the market activity so far this year in the RE/MAX … (2 comments)

market conditions: Do you NEED to sell or WANT to sell? - 04/23/08 11:16 PM
With all of the bank-owned properties and "must sell" homes flooding the market right now, people who have their homes on the market without having the "need" to sell are getting frustrated.  Prices are being driven down by short-sales and foreclosures and agents are having a tough time explaining why homes … (10 comments)

market conditions: Terrified... mortified... petrified... stupefied... by you. - 04/23/08 04:00 PM
I love the movie A Beautiful Mind. One quote in particluar always pops into my head: "Terrified... mortified... petrified... stupefied... by you." I think that this quote represents how people feel about the real estate market right now. The media has scared people into not buying and selling houses. People who … (6 comments)

market conditions: Terrified... mortified... petrified... stupefied... by you. - 04/23/08 04:00 PM
I love the movie A Beautiful Mind. One quote in particluar always pops into my head: "Terrified... mortified... petrified... stupefied... by you." I think that this quote represents how people feel about the real estate market right now. The media has scared people into not buying and selling houses. People who … (2 comments)

market conditions: This Is A Great Time To Buy & Sell - - REALLY! - 04/23/08 10:51 AM
This Is A Great Time To Buy & Sell - - REALLY!23 April 08 06:25 AM
Daily, we're being bombarded by bad real estate news from the media - - TV, talk radio, print, & internet.  Real estate is a great fill-in when the media sources run out of major stories. 
Let's … (0 comments)

market conditions: words to tag - 04/22/08 09:37 PM
activerain,activerain,advertising,advice,agent,agents,blog,blogging,blogs,broker,business,buy,buyer,buyers,buying,buying a home, condo,condos,credit,education,estate,fha,for sale,fsbo,home,home for sale,home sales,home staging,homes,homes for sale,house,houses,interest rates,investment,land,listing,listings,loan,loans,localism,market,market conditions,market report,market statistics,market update,marketing,mls,mortgage, mortgages,networking,new construction,new homes,open house,property,real estate,real estate agent,realtor,realtors,referrals,refinance,relocation,remax,sale,sales,sell,seller,sellers,selling,sales,staging,statistics,success,technology,tips … (3 comments)

market conditions: The Temecula Valley Market Stats - 04/22/08 07:19 PM
Wow, we have really seen a turn around in our number of closed sales!  I've been keeping track.  Back in 2007 - September, October, November, December, we were eaking along at about 150 closings per month total for all of Temecula, Murrieta and Winchester.  In January we saw our closings jump … (0 comments)

market conditions: Michael Clarkson invited to be a guest on Mike Rosen Show on 850 KOA - 04/22/08 12:52 PM
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market conditions: Andovers Housing information through March of 2008 - 04/22/08 11:24 AM
The latest statisics recently released still show a slow market for Andover.  There are some bright spots in our market compared to many area's in the metro.  The number of closed sales are up 44% over last year in the month of March.  The year to date closings are up 40% over the previous … (2 comments)

market conditions: Hard work pays off! - 04/22/08 11:19 AM
In February I started working for a family relocating from California. After a number of conversations I began a search for the "right" home. From a pool of 89 homes, I inspected 45. Over 2 visits I showed them over 30 homes. They narrowed it down to 5 that we revisited. … (0 comments)

market conditions: Lake Arrowhead Real Estate: Weekly Market Update (04/13/08 - 04/19/08) - 04/21/08 10:59 AM

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market conditions: First Time Home Buyers Dilema - 04/20/08 10:24 PM
Considering the Current Market situation, is it the right time for First Time Home Buyers to make their move and buy? (South Bay, Northern California)
There is enough negativity in the market. This does create doubts in the minds of most First Time Home Buyers. Down Payment figures these days are anything … (0 comments)

market conditions: Owatonna, MN Real Estate Market Condition Report April 20, 2008 - 04/20/08 11:47 AM
Interest Rates have climbed a bit this week and are at 5.875% for a 30 year fixed on Sunday April 20th, 2008. The rates climbed in the latter 1/2 of the week. We will have to watch and see what is going to happen next, predictions were for rates to … (3 comments)

market conditions: REOs,Simi Valley,CA - 04/19/08 07:47 PM
I just wanted to share a recent experience I've had in listing bank owned properties. I was first assigned this property back in January. I did all of the necessary "chores" like rekeying the locks, lawn maintenance, repair bids, BPO, and property inspection. Then I waited for about two months until … (15 comments)

market conditions: 4 Things that Make your Home Stand Out in the Crowd - 04/18/08 04:18 PM
Okay, so we know we're in a buyer's market.  Sellers know it, agents know it, and buyers certainly know it.  When we factor in things like foreclosures and troubled or distressed builders who are forced to sell their product to keep from going under, it compounds the situation for the normal … (2 comments)

market conditions: Current Market Statistics- Greater Sacramento Areas - 04/16/08 07:58 PM
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