market conditions: Leases in Ann Arbor. OUT of control. - 03/15/07 04:01 PM
Today, our Board of Realtors held a special class on Leases. As a Director on the Ann Arbor Area Board of Realtors, I had been pushing for this class for several months. We were seeing more and more sellers that can't sell their homes put them on the market to rent.
I have literally … (6 comments)
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market conditions: IS THE GRASS GREENER On The OTHER Realtors Lawn? - 03/15/07 07:09 AM
Is The Grass Greener on the others Realtors Lawn? No this is not a gardening how to. It is about business. Our perception of our business, and current market conditions. Ever wonder why one house will sell and the one next to it not? From time to time we all … (33 comments)
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market conditions: Sebastian County Homes Sales Soar... - 03/13/07 12:10 AM
Latest numbers indicate that homes sales in Sebastian County grew from 97 in January of 2006 to 124 in January of 2007. Values for those homes grew 10% from $12.63 million in January last year to $13.93 million this year. The bulk of the change has evidently come form the homes priced … (0 comments)
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market conditions: Market Watch - February 2007 - 03/08/07 09:47 PM
TREB Members reported 6,772 sales in February, an increase over February 2006 (6,756 sales) and the second best total for this month ever recorded, TREB President Dorothy Mason announced today. "While the weather last month may have been cold, Toronto's resale housing market remained hot," noted Ms. Mason. "And while it … (1 comments)
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market conditions: Marin County is seeing Multiple Offers Again! - 03/08/07 09:36 AM
If you would like information regarding a specific neighborhood or home, don't hesitate to contact me.
… (0 comments)
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market conditions: When the Market Will Change - February Update - 03/06/07 04:44 PM
In January, I wrote a blog entitled "Knowing Exactly When the Market will Change" that received many comments, replies and supportive feedback. In that blog, I stated that as soon as we have 3 consecutive months when more inventory is going off (under contract) than is coming on (new listings) we … (7 comments)
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market conditions: First time buyers have faith in the market. - 03/06/07 12:03 PM
Early last fall I began working with a couple who was interested in buying a single family home in the area. Unlike most of the buyers who I have worked with, this was their first time purchasing a home. I began to search for homes and they worked with Weichert Gold services to get approved for a … (2 comments)
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market conditions: Tiburon, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:19 AM
For the month of February 2007 10 homes sold in Tiburon.
The average original asking price was $2,702,900.
The average final selling price was $2,322,200.
It took an average of 124 days for these homes to sell.
Of the 10 homes that sold, 2 sold AT their original asking price and 2 sold OVER.
As of … (0 comments)
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market conditions: Sausalito, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:17 AM
For the month of February 2007 5 homes sold in Sausalito.
The average original asking price was $1,060,600.
The average final selling price was $1,051,000.
It took an average of 41 days for these homes to sell.
Of the 5 homes that sold, 1 sold AT the original asking price and 1 sold OVER.
As of … (0 comments)
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market conditions: San Rafael, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:15 AM
For the month of February 2007 32 homes sold in San Rafael.
The average original list price was $865,312.
The average final selling price was $823,656.
It took an average of 88 days for these homes to sell.
Of the 32 homes that sold, 3 sold AT their original asking price and 4 sold OVER.
As … (0 comments)
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market conditions: San Anselmo, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:12 AM
For the month of February 2007 15 homes sold in San Anselmo.
The average original asking price was $1,198,600.
The average final selling price was $1,154,267.
It took an average of 71 days for these homes to sell.
Of the 15 homes that sold 4 did so at the original asking price and 1 sold … (0 comments)
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market conditions: Ross, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:10 AM
For the month of February 2007 only 1 home sold in Ross. And it only took 29 days to sell.
The original list price was $1,550,000 and the selling price was $1,525,000.
As of March 4, 2007 19% of available listings are in escrow.
… (0 comments)
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market conditions: Novato, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:31 PM
For the month of February 2007 37 homes sold in Novato.
The average original asking price was $777,811.
The average final selling price was $732,945.
It took an average of 97 days for these homes to sell.
Of the 37 homes that sold, 2 sold AT their original asking price and a whopping 12 sold … (0 comments)
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market conditions: Mill Valley, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:29 PM
For the month of February 2007, 28 homes sold in Mill Valley.
The average original asking price was $1,421,411.
The average final sellng price was $1,331,690.
It took an average of 79 days for these homes to sell.
Of the 28 homes that sold, 5 sold AT their original asking price and 5 sold for … (0 comments)
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market conditions: Larkspur, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:26 PM
For the month of February 2007 only 2 homes sold in Larkspur.
The average original list price was $1,324,500.
The average final selling price was $1,262,000.
It took an average of 11 days for these homes to sell.
Of the 2 homes that sold, 1 sold AT their original asking price and the other sold … (0 comments)
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market conditions: Kentfield, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:24 PM
For the month of February 2007, 3 homes sold in Kentfield.
The average original asking price was $3,963,000.
The average final selling price was $3,300,000.
It took an average of 214 days for these homes to sell.
Of the three homes that sold, all sold for less than their original asking price.
As of March 4, … (0 comments)
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market conditions: Greenbrae, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:21 PM
For the month of February 2007, 13 residential listings sold in the town of Greenbrae.
The average original list price was $1,161,731.
The average final selling price was $1,135,308.
It took an average of 41 days for these homes to sell.
Of the 13 homes that sold, 2 sold AT their original asking price and … (0 comments)
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market conditions: New Single Family Home Characteristics - 03/05/07 02:11 PM
Does it seem like homes continually get bigger and bigger with each new development? Well that perception is real. According to research by the National Association of Home Builders, American homes are getting bigger and better.
Average finished area (sq.ft.)1950 - 983 sqft1970 - 1,500 sqft1990 - 2,080 sqft2004 - 2,349 sqftTwo … (0 comments)
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market conditions: Miami Shores, Florida - Market Conditions - 03/05/07 10:20 AM
It is a full-blown buyer's market, no matter what price range you are referring to. We have over 20 months of inventory and still very few buyers which means that as a seller you have to take the extra step to make your property stand out. What can you do to … (5 comments)
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market conditions: Fairfax, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 03:42 PM
For the month of February 2007, 11 homes sold in the town of Fairfax, CA.
The average original list price was $749,723.
The average final selling price was $722,455.
It took an average of 107 days for these homes to sell.
Of the 11 homes that sold, 1 sold for OVER the original list price. … (0 comments)
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market conditions: Corte Madera, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 03:35 PM
For the month of February 2007 9 homes sold in the town of Corte Madera.
The average original list price of these homes was $987,111.
The average final selling prices was $949,778.
It took an average of 50 days for these homes to sell.
Of the 9 homes that sold, 2 sold AT their original … (0 comments)
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market conditions: Apex NC Real Estate - Market Conditions - 03/04/07 12:05 PM
In many regions across the United States home prices have been rising sharply, and media coverage has predicted a burst in the "so-called" housing market bubble. Are you are concerned about a possible real estate bubble in Raleigh? " The National Association of Realtors Research Division recently conducted a home price … (0 comments)
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market conditions: Marin County, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 11:35 AM
As of March 4, 2007, 26% of available residential listings in Marin County are in escrow, indicating a Buyer's Market. For the month of February 2007, 172 transactions closed for an average sales price of $1,113,964. The average original list price of these homes was $1,148,231. Homes that sold in the … (0 comments)
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market conditions: Petaluma, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 11:18 AM
As of March 4, 2007, 25% of all residential listings currently available in the town of Petaluma are in escrow, indicating a Buyer's Market. For the month of February 2007, 44 residential listings sold for an average sales price of $586,227 (with an average original list price of $617,458). These homes took an … (0 comments)
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market conditions: Sonoma, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 11:14 AM
As of March 4, 2007, 18% of all residential listings currently available in the town of Sonoma are in escrow, indicating a Buyer's Market. For the month of February 2007, 26 residential listings sold for an average sales price of $647,863 (with an average original list price of $722,056). These homes … (0 comments)
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market conditions: Raleigh NC Real Estate>>What do you get for $1M in Raleigh? - 03/02/07 12:55 PM
What do you get in Raleigh for $1,000,000? One new million dollar home gives you 3-4 bedrooms, 3 Bathrooms, 4000 finished square feet, Dining room, Family room, Office/Study, Kitchen, Breakfast room, Hearth Room, a 3 car garage and a .25 Acre lot if it's inside the beltline or very close to it.
What do you get for $4,000,000? … (0 comments)
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market conditions: Let me entertain you, let me make you smile. - 03/01/07 11:42 PM
Well, well, so far, I've been writing primarily about market conditions and what's heard on the street. Definitely important and relevant information for the local real estate market, as most would agree, but I'll be the first to admit that it can get pretty dry. And that is why sometimes it … (0 comments)
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market conditions: Reality of New Hampshire's Housing Market - 03/01/07 02:19 PM
He Who Snoozes Loses…
The Reality of New Hampshire’s Housing Market
(Chart and statistics courtesy of the New Hampshire Association of REALTORS)
Year end market reports show that the total average units sold are down 18% compared to 2005 and the average price down 1 percent … (4 comments)
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market conditions: Homes in Idabel - 02/27/07 02:54 AM
According to Reply!Inc the median value of homes in Idabel is $55,550. The medain age of homes is 37 years with 57.3% of homes being owned, 31.1% being rented and 11.7% vacant.
One of the factors that affect home ownership and home prices is the unemployment rate at 10.5% again, statistics are according … (0 comments)
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market conditions: Roselle Condo Conversion - 02/27/07 12:15 AM
Spring Hill Condos
Wanted to announce that my team is currently working on a condo conversion in Roselle Illinois. The project has studios, one bedrooms, and two bedroom two bath models. There are 264 units to be sold and the prices start from $99,900.
If anyone has any clients looking for investment properties … (5 comments)
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market conditions: Buyer's on the fence? Incredible Builder's Incentives Available - 02/26/07 12:50 PM
As we look at the current market conditions we see that the builder's are not insulated from the shift to a "Buyers Market". We have a rise in the number of listings in the resale market with an equal rise in inventory on hand by local builders which require them to … (0 comments)
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market conditions: To you want or Need to Sell your Home? - 02/26/07 07:47 AM
That is a big question that deserves some serious though process, In the current Buyers market you have to price your home correctly and in my market (Saint Augustine) that is Under the Appraisal price which is just Bad Business. that is why this question is so Important to you want to … (0 comments)
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market conditions: Pfizer's Relocation Package - 02/26/07 06:06 AM
I was called for an interview on Friday by the Ann Arbor News. They were doing a article on Pfizer's relocation package out of Ann Arbor. I was happy to talk to the editor doing the story and my thoughts were it's a good thing I did as she really did … (15 comments)
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market conditions: Reality Check - truth hurts - 02/25/07 04:41 AM
What happens when a good friend wants to sell their home but you know they will lose money if they sell now? Just last week we were invited to do a listing presentation by friends and neighbors. As soon as we pulled their tax information we knew they would loose money … (24 comments)
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market conditions: Update on Marin County Real Estate Activity - 02/23/07 07:21 PM
January and February are typically the slowest months of the year in terms of number of homes selling in Marin County -- and 2007 is no different. Or is it? Interestingly, for the past seven years, February has almost exactly the same data point, every single year. But I digress...
For the … (0 comments)
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market conditions: Update on Sonoma, CA Real Estate Activity - 02/23/07 07:10 PM
If you follow my blog, you know that I update the local activity monthly. For January, 2007, the average price of homes here held steady (just under $800K). Understandable given the high quality of life here. What was shocking and, quite frankly, a little depressing, was the volume of homes sold. … (0 comments)
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market conditions: Portland Metro 12-Month Appreciation Report by County - 02/23/07 02:56 PM
The most recent RMLS 12-month appreciation report by county:
Clackamas Sale Price 2005-06 $388,300 Average Change +16%Columbia Sale Price 2005-06 Average Change $229,100 +15%Multnomah Sale Price 2005-06 Average Change $309,500 +14%Washington Sale Price 2005-06 Average Change $316,300 +12%Yamhill Sale Price 2005-06 Average Change $267,100 +19%
PLEASE CHECK OUT OUR MONTHLY PODCAST for … (0 comments)
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market conditions: Parkdale Toronto's Hottest Real Estate - 02/23/07 10:25 AM
As per an article in today's Toronto Star, neighbourhoods of Swansea, Roncesvalles and Parkdale enjoyed the highest one-year appreciation among single-detached homes in the Greater Toronto Area in 2006. Homes in those neighbourhoods now hover at $642,000, up by 18 per cent from $544,000 at the end of 2005, making it … (1 comments)
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market conditions: "It's Incredible" - 02/22/07 06:21 AM
Remember going to a class years ago when the instructor suggested that we always respond with "It's incredible" when asked how the real estate market is. The questioner then has to determine what you really mean.
The state of the real estate market in each of our areas probably differs a great deal. … (2 comments)
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market conditions: January 2007 Portland Metro Real Estate Recap - 02/20/07 11:17 AM
January 2007 seems to follow the same trend as the previous months in 2006, with new listings up and closed and pending sales both down. When compared with with the month of January 2006, the number of new listings increased 19.5%. Closed sales decreased 9.4% and pending sales fell 2.2%. The … (0 comments)
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market conditions: New Construction is Looking Up - 02/18/07 11:12 AM
Looking to buy or build a new home? You'll be happy to know that reports have shown that with the favorable mortgage rates, low energy costs and increased employment rates, new home construction is looking up. The housing market is starting to stabilize and some of the surplus inventory of new … (0 comments)
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market conditions: Strongest Real Estate Markets - 02/17/07 09:50 PM
Finally some great news for Florida - Business 2.0 Magazine ranked the country's strongest real estate markets and 3 Florida cities made it to the list! Woo Hoo! Number one used to be my weekend stompping ground my first year of college at Florida State University, what beautiful beaches!
Here's the list:
Panama City, … (55 comments)
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market conditions: Biscayne Park, FL Market Conditions - 02/16/07 06:11 PM
Overview of the single family market in Biscayne Park, FL:
Currently on the market: 40Currently under contract: 5 Closed in the last 90 days: 4Lowest Priced Listing: $264.900Highest Priced Listing: $699,500Overview of the condo market in Biscayne Park, FL:
Currently on the market: 1Currently under contract: 1Closed in the last 90 days: 0 Lowest … (11 comments)
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market conditions: Ann Arbor Listings UP in January - 02/16/07 10:50 AM
Ann Arbor breaks the number of sales to over 200 in January !! The highest it has been since January of 2002. That is fantastic news even when we were all punched in the gut with Pfizer leaving. The average sale price in Ann Arbor was 248,500 DOWN from 269,822 in … (1 comments)
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market conditions: Vacant "For Sale" Homes Have Doubled in the Last 24 Months - What's Next? - 02/12/07 09:23 PM
Vacant homes as a portion of all homes for sale have virtually doubled in the last 24 months. The slide in real estate values will be prolonged and could easily be exacerbated if this trend continues or worsens.
The surge in resale listings, completed new homes, and cancelled new home contracts … (6 comments)
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market conditions: Bel Air, Maryland - Market Conditions (January 2007) - 02/12/07 05:33 PM
The real estate market in Bel Air, Maryland has a bit to go to get over its slump vs. this time last year. According to Metropolitan Regional Information System, Inc.'s data reflecting sales from the first month of 2007, there has been no change in home sales over January 2006 figures. … (2 comments)
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market conditions: Riverside NJ Real Estate Market Update - January 2007 - 02/12/07 03:03 PM
Welcome to the Riverside NJ Real Estate January 2007 update. Riverside a relatively small town located in Burlington County down Rt. 130 from the Betsy Ross Bridge. In Riverside you'll find older homes that are reasonably priced which works out well for a family just starting out or with limited resources.
In January 2007, … (0 comments)
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market conditions: Real Estate Activity for Tiburon, CA ~ January 2007 - 02/07/07 02:00 PM
During the month of January 2007 5 homes sold in Tiburon after an average of 340 days on the market. The average original list price was $7,217,000 with an average final selling price of $6,095,600. These numbers are skewed by the sale of Andre Agassi's property, originally listed at $24,500,000, selling … (0 comments)
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market conditions: Real Estate Activity for Ross, CA ~ January 2007 - 02/07/07 01:56 PM
During the month of January 2007 only 2 homes sold in Ross after an average of 132 days on the market. These homes had an average original list price of $$2,897,500 with an average final selling price of $2,770,000. Both homes sold for less than their original asking price.
As of February 5, … (0 comments)
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market conditions: Real Estate Activity for Sausalito, CA ~ January 2007 - 02/07/07 01:50 PM
During the month of January 2007, 6 homes sold in Sausalito after an average of 148 days on the market. These homes had an average original list price of $1,316,167 with an average final selling price of $1,034,167. All of these homes sold for less than their original asking price.
As of … (0 comments)
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market conditions: Real Estate Activity for Novato, CA ~ January 2007 - 02/07/07 01:47 PM
During the month of January 2007, 28 homes sold in Novato after an average of 107 days on the market. The average original list price was $691,707 with an average final selling price of $638,821. Of the 28 homes that sold, only one sold for the original list price. All others … (0 comments)
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market conditions: Cave Creek, Arizona, Tatum Ranch and Dove Valley Ranch - Subdivision Real Estate information - 02/07/07 11:44 AM
I thought it would be useful to find out the current status of the real estate market in some Cave Creek subdivisions. If you have any questions regarding this data or the real estate market in Cave Creek, please contact me at (623) 640-0937.
In Tatum Ranch for the month of … (0 comments)
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market conditions: Real Estate Activity for San Rafael, CA ~ January 2007 - 02/06/07 12:42 PM
During the month of January 2007, 38 homes sold in San Rafael, after an average of 85 days on the market. The average original list price was $899,392 with an average final selling price of $848,104. Of the 38 homes that sold, 4 sold AT their original asking price and 5 sold … (0 comments)
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market conditions: Real Estate Activity for Larkspur, CA ~ January 2007 - 02/06/07 12:38 PM
During the month of January 2007, 5 homes sold in Larkspur after an average of 88 days on the market. The average original list price was $1,901,800 with an average final selling price of $$1,553,000. Of the 5 homes that sold, all sold for less than their original list price.
As of … (0 comments)
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market conditions: Real Estate Activity for San Anselmo, CA ~ January 2007 - 02/06/07 12:33 PM
During the month of January 2007, 7 homes sold in San Anselmo after an average of 57 days on the market. The average original list price was $1,224,957 with an average final selling price of $1,137,643. Of the 7 homes that sold, only one sold for the original list price. All … (0 comments)
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market conditions: Real Estate Activity for Mill Valley, CA ~ January 2007 - 02/06/07 12:30 PM
During the month of January 2007, 15 homes sold in Mill Valley after an average of 108 days on the market. The average original list price of these homes was $1,538,733 with an average final selling price of $1,393,928. One of these homes sold over their original list price. All others … (0 comments)
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market conditions: Real Estate Activity for Fairfax, CA ~ January 2007 - 02/06/07 12:26 PM
For the month of January 2007, 2 homes sold in Fairfax after an average of 98 days on the market. The average original list price of these homes was $750,000 with an average final selling price of $721,250. Both of these homes sold for less than their original listing price.
As of … (0 comments)
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market conditions: Finally some good news - 02/06/07 02:11 AM
CONSUMER CONFIDENCE IMPROVES IN JANUARYAmerican consumers continued to indicate a higher level of confidence in the nation's economy this month, due in part to a more favorable job market, The Conference Board recently reported. The organization's Consumer Confidence Index increased for the second consecutive month in January, rising to 110.3 (1985=100). … (7 comments)
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market conditions: Real Estate Activity for Corte Madera, CA ~ January 2007 - 02/05/07 09:21 PM
For the month of January 2007, 5 homes sold in Corte Madera, CA, for an average sales price of $779,000. The average original list price was $826,400. These homes took an average of 87 days to sell.
Of the 5 homes that sold, only 1 sold at their original asking price. All … (0 comments)
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market conditions: Real Estate Activity for Greenbrae, CA ~ January 2007 - 02/05/07 09:13 PM
For the month of January 2007, 6 homes sold in Greenbrae, CA, for an average sales price of $1,046,833. The average original list price was $1,216,333. These homes took an average of 99 days to sell.
Of the 6 homes that sold, only 2 sold at their original asking price. All others … (0 comments)
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market conditions: Petaluma, CA Real Estate Market Conditions ~ January 2007 - 02/05/07 08:34 PM
For the month of January 2007 33 homes sold in Petaluma. These homes took an average of 125 days to sell, starting with an average original list price of $677,117 and selling at an average of $631,345. One home sold at it's original list price and one home sold for over … (0 comments)
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market conditions: Sonoma, CA Real Estate ~ January 2007 - 02/05/07 08:29 PM
For the month of January 2007 14 homes sold in the quaint town of Sonoma. These homes took an average of 124 days to sell. They started with an average list price of $890,100 and sold for an average of $785,879. Only 18% of all available listings in Sonoma are in escrow, … (0 comments)
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market conditions: Marin County Real Estate ~ City by City Details for January 2007 - 02/05/07 08:23 PM
We are seeing a real turn in the market here in Marin County. The numbers really speak for themselves. For more information about the area, please visit my website.
… (0 comments)
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market conditions: It's not about the market it's about the mindset. - 02/03/07 05:15 PM
It's not about the market it's about the mindset.
I heard some very powerful stuff at an accountability group we have at our office. One of the top agents in our office was talking about what happens to the market does not even affect him because his mindset is that he trusts … (6 comments)
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market conditions: New Milford, CT January 2007 Market Report - 02/03/07 01:41 PM
New Milford, Connecticut Real Estate UpdateJanuary 2007
Closed home sales in New Milford, Connecticut:
Single Family Homes:In January of 2007, there were 22 single family home sales closed in New Milford, CT.List Prices ranged from $300,000 - $1,775,000.Closed Sales Prices ranged from $290,000 - $1,652,500.
The average closed real estate sales price for single family homes in … (3 comments)
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market conditions: Brookfield, CT January 2007 Market Report - 02/02/07 06:54 PM
Brookfield, Connecticut Real Estate UpdateJanuary 2007
Closed home sales in Brookfield, Connecticut:
Single Family Homes:In January of 2007, there were 8 single family home sales closed in Brookfield, CT.List Prices ranged from $280,000 - $800,000.Closed Sales Prices ranged from $270,000 - $787,000.
The average closed real estate sales price for single family homes in Brookfield for the … (2 comments)
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market conditions: St Petersburg Florida Market on the Upswing - 02/02/07 06:37 PM
The market is improving in St. Petersburg, Pinellas County, Florida.
Our activity started picking up in mid-December and January has been very busy - lots more showings, offers and contracts. The prices haven't started up again yet, but it's very encouraging to see the stand-off broken and properties going to contract.
Most offers … (0 comments)
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market conditions: Sherman, CT January 2007 Market Report - 02/02/07 06:07 PM
Sherman, Connecticut Real Estate UpdateJanuary 2007
Closed home sales in Sherman, Connecticut:
In January of 2007, there were 5 home sales closed in Sherman, CT.List Prices ranged from $300,000 - $2,795,000.Closed Sales Prices ranged from $290,000 for a smaller ranch in a Candlewood Lake community to $2,690,000 for a 6,500 square foot home … (0 comments)
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market conditions: Danbury, CT January 2007 Market Report - 02/02/07 05:08 PM
Danbury, Connecticut Real Estate UpdateJanuary 2007
Closed home sales in Danbury, Connecticut:
Single Family Homes:In January of 2007, there were 25 single family home sales closed in Danbury, CT.List Prices ranged from $160,000 - $725,000.Closed Sales Prices ranged from $128,000 - $715,000.
The average closed real estate sales price for single family homes in Danbury for the … (0 comments)
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market conditions: The Quantum Physics of Real Estate - 02/02/07 10:44 AM
You've heard the expression before: "perception becomes reality". What are we dealing with here? Quantum Physics? What does Schrodinger's cat* have to do with real estate? Shouldn't reality be reality, regarless of what people think? Well as much as the mathematician in me wishes it wasn't so, perceptions do affect reality.
Since … (0 comments)
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market conditions: New Fairfield, CT January 2007 Market Report - 02/02/07 09:46 AM
New Fairfield, Connecticut Real Estate UpdateJanuary 2007
Closed home sales in New Fairfield, Connecticut:
In January of 2007, there were 12 home sales closed in New Fairfield, CT.List Prices ranged from $329,999 - $1,299,000.Closed Sales Prices ranged from $289,350 - $1,250,000.
The average closed real estate sales price for New Fairfield for the month … (0 comments)
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market conditions: I Don't Care What the Media Says - 02/01/07 01:13 PM
I don't really care what the media and all of the nay-sayers think. The Real Estate market is still in good condidtion so long as the houses have the right price and the right amount of exposure. My sellers couldn't be happier right now. The market time on this house … (0 comments)
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market conditions: Miami Shores, FL - market conditions - 02/01/07 10:39 AM
It is still a buyer's market here in South Florida but the market is surely picking up. This can be evidenced by the amount of movement we are seeing with showings of our own listings and the amount of phone calls we are receiving with inquiries. It's a new year and … (9 comments)
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market conditions: Waterfront Property in the Tampa Bay Area-Good Investment? - 01/30/07 10:23 AM
Are Waterfront Lots in Tampa a good investment?
What a great time to be a buyer. Waterfront lots in the Tampa Bay area are priced aggresively and owners want to sell. Think about purchasing your lot now and holding on to it until you are ready to build your dream … (0 comments)
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market conditions: "Sounds" of a changing market. - 01/30/07 09:56 AM
Sometimes, market changes are best understood by the sights and sounds around us. On Saturday I posted my "sign post" that gave a true visual of how the market has changed. Today, I'm going to write about an occurrence that has happened to me, three times in the last two weeks. … (51 comments)
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market conditions: Current real estate market conditions. A buyer's market without buyers? - 01/30/07 08:55 AM
I don't know what the rest of your markets are going through, but I would love to create a dialogue here. Do you feel "It's Like a Buyer's Market without Buyers?" The phones definitely do not ring as much as they used to, but they do ring. However, when they do ring … (4 comments)
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market conditions: Merrimack County New Hampshire Year End Market Report - 01/28/07 07:02 PM
Merrimack County New Hampshire Year End Market ReportTowns in Merrimack County include Allenstown, Andover, Boscawen, Bow, Bradford, Canterbury, Chishester, Concord, Contoocook, Danbury, Dunbarton, Epson, Franklin, Henniker, Hill, Hooksett, Hopkinton, Loudon, New London, Newbury, Northfield, Pembroke, Pittsfield, Salisbury, Sutton, Warner, Webster and Wilmont New Hampshire.2006 units sold ( excluding condos)1,439 down 18% … (0 comments)
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market conditions: Rockingham County Year End Market Report - 01/28/07 05:39 PM
Rockingham County Year End Market Report Rockingham County Consists of 38 towns from Atkinson to Portsmouth NH, a map of the county can be found here. The New Hampshire Association Of REALTORS (NHAR) published it's year end market trends report which has some pretty fascinating information. You can read the State … (0 comments)
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market conditions: New Hampshire Year End Market Report - 01/28/07 03:34 PM
The New Hampshire Association of REALTORS just released our market summary. This document is pretty fascinating especially if you're a home seller in New Hampshire. Peter Francese does a great job analyzing all the data provided by NNEREN which is our MLS system.Interesting stats for Rockingham County being down 24% in … (0 comments)
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market conditions: Glendale Home Sale Statistics for 2006 - 01/28/07 11:04 AM
Continuing on in my comparisons for the prior years - GLENDALE.
Glendale Arizona showed the same pattern as Peoria - home values stayed relatively stable during 2006 with only a slight drop, but the quantity of home sales did decrease.
The fourth quarter of 2006 saw a drop in the median … (0 comments)
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market conditions: National Association of Realtor update - 01/28/07 10:52 AM
In recent articles by the National Association of Realtors and Wall Street Journal analysts, projections are hopeful that the real estate market decline has hit a "soft landing" in 2006 and that 2007 should see a steady increase in the resale market. Early 2007 should still remain a buyers market in the Phoenix area … (0 comments)
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market conditions: Sign, sign everywhere a sign................. - 01/27/07 09:13 PM
While cruising around Poinciana Fl., on Saturday, I started thinking about market conditions and how things have changed so drastically from the boom period of 2005. Then I had a flash. What better way to illustrate this than to snap a few photos. Sign, sign everywhere a sign..............
First you have CONFUSION!
Then … (60 comments)
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market conditions: Is The Market Picking Up? - 01/27/07 12:30 AM
Over the past week or so I have noticed an increase in buyer activity. I am beginning to have some serious talks with buyers that appear ready to begin the buying process very soon. In addition, my website is seeing 3 times the traffic I received from Oct - Dec.
Right … (0 comments)
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market conditions: God stopped making dirt a long time ago. - 01/26/07 07:43 PM
I see so many articles that deal with the short term values of real estate. Is this a good buy, is now the time to buy, where will values be in 6 months or in a year, all kinds of speculations as to where real estate is heading right now. But, … (0 comments)
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market conditions: Life after the Bubble - 01/26/07 12:45 PM
Life After The Bubble
It appears as though the Real Estate Bubble has finally started to work its way through the market, as property values have finally stopped their meteoric rise that started in early 2004 and ramped up dramatically late last year and into early 2006. Bend's real estate values at … (0 comments)
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market conditions: Pfizer Leaving Ann Arbor - 01/25/07 08:53 PM
Pfizer leaving Ann Arbor is a sober reminder of the market in Ann Arbor. To read an article about the future of Pfizer published on mlive.com read here.
Pfizer's Ann Arbor campus is 2 million square feet of laboratory, production and office space spread across 25 buildings and set on 177 acres, … (6 comments)
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market conditions: Ann Arbor and Washtenaw County Housing Data for 2006 - 01/25/07 08:37 PM
Here is some really good information about Ann Arbor and the current conditons of homes in Ann Arbor.
Click HERE to see Ann Arbor and the surrounding area's data.
With Pfizer announcing it was closing it's doors on Monday, the city is in shock !! Pfizer is the second largest employer in Ann … (2 comments)
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market conditions: Sellers Market......What's that ?? - 01/25/07 08:04 PM
I just got back from Nashville, actually Brentwood, Franklin and Hendersonville. It is still a sellers market there. While I was gone, Pfizer decided to close its doors in Ann Arbor. WOW, tons of emails from agents in my office.
No one knows quite what to think............or hope for...........we are already 5000 … (2 comments)
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market conditions: Anacortes Market Report - 01/23/07 01:43 PM
Here's a market overview for Anacortes' fourth quarter:
October 2006: 79 total transactions closed with $90,479,812 in dollar volume.
November 2006: 69 total transactions closed with $67,278,844 in dollar volume.
December 2006: 71 total transactions closed with $84,937,942 in dollar volume.
The Median Sales Price for a single family home was @ $316,000 which … (0 comments)
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market conditions: Naperville Condo & Townhomes - 2006 the year in review - 01/20/07 10:51 PM
Quite a year for the Condo/Townhome market in Naperville. The average sale price took quite a leap (about 14%) while the total number of transactions declined about 16% to 869 units sold (compared to the previous years 1034 units)
A large contributing factor to the average price is the advent of the million … (6 comments)
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market conditions: Naperville Homes by the numbers - 2006 - It's a wrap! - 01/20/07 10:08 PM
2006 was an interesting year for residential real estate in Naperville as overall sales declined from 2005 by about 21.5% Single family detached Naperville home sales fell from 2232 total units in 2005 to 1705 total units in 2006 a decline of 23.6%
Of course the total transaction decline created an uncomfortable feeling … (2 comments)
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market conditions: Phoenix, AZ Market Conditions and a nation-wide website link-exchange request - 01/19/07 03:07 PM
At the turn of the New Year my website got extremely busy and the phone began to ring again. I thought this was the start of something great but the last week or so, it has kink of fizzled. I continue to get many hits on the website but converting them … (0 comments)
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market conditions: Is Now the Time to Buy a Home? - 01/18/07 03:06 PM
The magic question... Is now the time to purchase the home of your dreams? I wish I had a nickel for every time I have been asked this question over the last 12 months. During the housing boom of 2004 and 2005, Realtors were screaming for more homes to come on … (1 comments)
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market conditions: Buyers Market in Homes Continues In Ann Arbor, Michigan - 01/15/07 07:13 PM
Well Saturday the Ann Arbor news revisited some of the stories it carried for several weeks this morning. It was a update on whether the people had sold their homes since last interviewed. Some had, some hadn't, most have had to reduce their prices to get them sold.
I always tell my … (1 comments)
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market conditions: Excel Spreadsheets and Market Conditions - 01/14/07 08:53 PM
Last year I had a lot of techie clients. I work well with techie clients because when their excel spreadsheets start pointing them in the wrong direction, we can analyze their data using my expertise in the field, and start shifting things in the right direction.
Data is great...but it only goes … (2 comments)
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market conditions: Help-U-Sell Launches In The Neighborhood Magazine Highlighting Client Listings in South Metro Denver - 01/13/07 03:15 PM
January 12, 2007
FOR IMMEDIATE RELEASE
(For more information contact Sean A. McAleavey at 303/693-4653)
DENVER - Help-U-Sell, the nation's leading "Set-Fee" real estate services
company, has launched a new, informative magazine highlighting the firm's listings in
south metro Denver, including Highlands Ranch, southeast Aurora and areas of
Centennial. The monthly publication, titled "In the Neighborhood," … (0 comments)
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market conditions: Short Sales - 01/13/07 02:55 PM
Homeowners who purchased their residence within the last several years and are now in a position where they need to sell their home for financial reasons, relocation, or any number of other life events may find themselves in a "Short Sale." A "Short Sale" is when the market will not support … (5 comments)
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market conditions: The Five Forces Of Your Market - 01/13/07 02:47 PM
The Five Forces Of Your Market
Real estate markets across the country are becoming increasingly tough for sellers and if you live in California, Florida or the Washington D.C./Northern Virginia metro area you've probably seen the biggest turn in the market. But, regardless of where you live, being an educated seller … (0 comments)
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market conditions: Local Real Estate Market - 01/13/07 01:21 PM
Well the numbers are in for 2006 and overall it was not a great year. Sales for the area were off by about 30% from the year prior and December, typically a slower month, did not show any signs of improvement. One of the biggest impacts on our are is the … (3 comments)
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market conditions: What Are You Paying For? Effective Marketing Methods For Selling a Home, Part I - 01/10/07 11:37 AM
Though the public opinion is that the real estate market has slowed down this past year, it is still a good time to sell. Statistically speaking, YES sales are down and in some areas home values have even dropped. However, this market change is a healthy one that will help our real … (3 comments)
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