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Blog entries tagged with "market conditions":
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers
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As of March 8, 2008 22% of available listings in Novato are in escrow.
Like most areas of the country where the Real Estate market is declining, the Wildwood, Mo area is no different! However, homes are still selling and decline in St. Louis for the next year is fore-casted to be about 1.8% - much less than other areas of the country. The days … (1 comments)
Daily Real Estate News | March 7, 2008Tax Benefits of Owning a HomeBefore a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.Here's why:Mortgage interest deductions, including in some cases mortgage insurance premiums, … (0 comments)
Interest Rates rose this week to 6.125% for a 30 year fixed on March 7, 2008. Rates have been volatile this week. There are a large number of qualified buyers out there. They just are waiting to see what is going to happen. The FED is expected to cut rates on … (0 comments)
Did you ever think about all the people that you have met in your career. Just today I was thinking about the people that I have met in my Real Estate business. The buyers, sellers, appraisors, loan officers, title people, surveyors, home inspectors, co-workers, the young, the old, the rich, the … (1 comments)
I am a total news junkie! I check three newspapers every morning on-line: The New York Times & Washington Post for world/national news & the political columnists, and The Atlanta-Journal Constitution for local news, plus they have some very fine columnists, as well. (Then, of course, I move on to my … (14 comments)
Are you thinking of buying or selling a home but you're not sure if this is the "right time"? Talk with a Realtor for expert advice on your local market.
At least that's the way it looks based on the numbers thus far. Easpecially in the condo and townhome market. There is an estimated 4 year supply of new construction homes in this category so if you can't find a good deal on one as a buyer, be prepared to own … (0 comments)
Market conditions demand professional expertise During slower real estate market cycles, teaming up with a professional Realtor is more important than ever when it comes to successfully selling your home. While Texas has remained largely insulated from the nation's housing woes throughout the last year, all markets are inevitably seeing some … (0 comments)
Maybe by now you have seen today's headline on money.cnn.com:
Are you thinking of buying or selling a home but you're not sure if this is the "right time"? Talk with a Realtor for expert advice on your local market.Real Estate CyclesReal Estate Cycles are no different than any other cycles that effect consumers. It is subject to the laws of supply and demand. A … (0 comments)
Can you feel it? 
The Real Estate Market for Lake City, Fl., seems to have picked up from the last couple of months. There seems to be s few more qualified Buyers out there. Below are some of the good thinks that are out there for Buyers.
Do you view contingent offers as nice safety nets, or do you see them as a vampire sees sunlight. I have seen agents recommend against properties that have contingencies or first rights of refusal and I have seen buyers request to not see them as they think that they will have … (3 comments)
See the original article here at The Big Bear Skinny.The real estate market in Big Bear continues to move along at a very slow place. Even with the extra day this February, home sales in Big Bear last month totaled only 28, one less than the number sold in January. The … (0 comments)
The market is horrible, disaster looms everywhere, sub-prime meltdown kills country!Ok, we as mortgage and real estate professionals who have been in the game for any amount of time understand that the market goes in cycles. The news media has the general public spooked right now about real estate but we … (4 comments)
I was told by a lender today that Fannie Mae & Freddie Mac (they buy the loans after local lenders make them...if the loans fit their guidelines) are tightening their guidelines again... they are flagging areas as transitioning and declining areas based off sales in the last 6 months... they are … (0 comments)
So I just signed up to make some news videos with Realty Times – to talk each month about the real estate market in the Phoenix area. Of course, I’ll post the videos on www.myphoenixmls.com as soon as they come out. While they’re in production, I figured I’d offer you … (0 comments)
The following chart shows market activity statistics for the full year of 2007 vs 2006
Canadian Real Estate Review
Canadian Real Estate Review
1997 - 2007 A Decade In Review
Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively
fuelled one of the best decades on record for residential real estate in Canada, according to a report … (5 comments)
Supply and Demand are a driving force in any market. In the real estate market, supply and demand are currently the most important single factor to consider. 
Maybe I just go beyond what most Realtors do here in Westchester County New York or maybe I am just very lucky. It seems to me if a home seller can't sell their house, condo, coop or townhouse it one has to be overpriced or two the agent is not doing enough … (7 comments)
Hi Folks, After a long winter of slow activity, the market is picking up as buyers come to find those great deals...and they are out there! We are seeing a lot of activity, especially in the foreclosure/short-sale arena in all counties! What went for $450,000 a year ago can now fetch $250,000 … (0 comments)
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Thepast two weeks might be an indication of a slight improvement in real estate sales in the greater Sacramento market. Buyers are making offers and in great numbers. The agents on our REO and Relocation Team have been experiencing multiple offers on properties in the last two weeks. GreatWest agents are executing … (2 comments)
The Toledo Metro area is not only a great place to live, but it is also a great place to buy your next home. The list prices on the homes that are on the market are great investments as they are. Most of the sellers and listing agents have already adjusted … (1 comments)
Below are the stats for properties that SOLD and closed in January for Manatee County:
Good afternoon. Today I will be touching on the subject of market conditions for the Gresham, Oregon area. These numbers are based on January 2008 numbers. First off let's look at the average market time for Gresham. It was 80 days which means you home will take an average of 80 … (0 comments)
There has not been a change in the number of land sale from 2007 to 2008. Last year between 01/01/07 and 02/20/07 there were 9 land sales in Westchester County. This year for the same time period there were also only 9 sales. There could be two views on this, one … (2 comments)
Market Conditions: Montrose market area residents in Houston, Texas continue to enjoy stable property values as reflected in the following data provided by the Houston Association of Realtors. There were 6 single family residences sold in January 2008 with prices ranging from $292,500 to $500,000 which averages $164.42 per square foot.There were 7 townhouse/condos … (0 comments)
The World Will End, April 2nd, 2008! Wouldn't it be great if we could know all? Probably not! Everyone throughout the country is talking about what the real estate market is doing, has done, will do and all have their twist on the reasoning.The bottom line is, the real estate market … (7 comments)
The market is still very strong here. We have seen a little slow down in the condo market, but detached homes are still strong. my be its the weather we have or the fact the beach is only 2 hours away and the mountain 2.5 hours away. If you have any … (2 comments)
Contrary to the turmoil in the US mortgage markets, the Canadian mortgage and housing markets are in goodshape. Homebuyers and other industry consumers should not worry about similar meltdowns occurring in the Canadian mortgage market, according to MortgageBrokers.com, Canada's only publicly traded mortgage brokerage firm."The Canadian mortgage and housing markets have … (0 comments)
Overall, Wayland is in a buyer's market as of today. Here's my interpretation of the current data for the Wayland Real Estate Market:Sellers market in the following price points:$400,000 - $449,999 there is currently a 3 month supply$700,000 - $799,999 there is currently a 2 month supply Balanced market in the following price points:$250,000 - … (0 comments)
While sellers wait for the housing market to thaw, buyers remain in hibernation. Will the spring market ever arrive? The housing slump isn't over yet and prices are likely to continue to tumble for the foreseeable future. However, market indicators are promising. Inquiries are up. Showings are up. Units Sold are … (0 comments)
Two economists are broadcasting some great news for the Tampa Bay area. In recent seminars, economist Dr. Hank Fishkind is stating that the bottom has been reached in some parts of Tampa Bay and is near bottom in the remainder. Economist Dr. Ted Jones is stating that Tampa Bay has reached … (0 comments)
New Milford, Connecticut Real Estate UpdateJanuary, 2008
This year many home sellers find themselves CHASING THE MARKET DOWN. That means you price your home 10-20% over the best comp (comparable size, price, condition, of homes in your area that have recently sold)... then your house sits and sits with no offers. In a panic you start lowering the price in small increments, … (0 comments)
Well, President Bush has just announced a plan to help "some" homeowners stave off the"foreclosure" monster for 30 days. Is that really enough? Under his new program six, and hopefully more will join the parade, will soon begin contacting homeowners who are more than 90 days late on their monthly mortgage … (2 comments)
Is there a SECRET that you already know?
After running my weekly analysis of what's going on in the Mountain Home, Idaho real estate market, I'm now of the suspicion (and working towards the conclusion) that new home prices may have finally reached the point where local builders are drafting new game plans. In 2007, for the first time … (1 comments)
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There are some great real estate deals in San Benito County. There are 125 active single family homes and 17 condos that meet this dollar criteria. Approximately 80% of the homes under $400,000 are either short sells or real esate owned (bankd owned) which provides tough competition for the howeowners trying … (0 comments)
By Troy Marsh, The Gold Key Experts (2/13/2008)Over the last few weeks, I personally, as well as many of my colleagues that I have spoken to, have seen a fairly large uptick in traffic, offers and homes going into contract. Personally I have had clients involved in multiple offer situations twice … (1 comments)
Today I did some research on our MLS database. I planned to make some current market reports for my customers and for blogging info. Just out of curiosity, I was curious as to how many listings closed since 01/01/08. Then I checked how many listings are currently "pending". I was shocked to … (8 comments)
I am often asked, "How is 'the market' doing!?" with the questioner wondering whether they should be ready for a barrage of complaints to stream out of my mouth. However, I always respond: "Great!" -- and I'm being honest. The media has represented, in very broad strokes, a nationwide real estate … (0 comments)
There are currently 566 active Single Family Home listings in Winter Garden. The bulk of the inventory is in the $200k to $300k range. A huge part of these listings are in the newer South Winter Garden. There are currently 45 Pending Sales with 26 of them being under $300k. Our … (0 comments)
Time to Move Up? Real Estate Information for Agoura, Oak Park, and All of the Conejo ValleyMany people say they would like to get a larger house, but want to wait until the real estate market settles down. I would like to know how they will know when it is settled enough. And … (0 comments)
Why won't my home sell?
Report #6 (see previous Report posted on Feb 2 in my blog)Each week I provide this information about the activity in the Bryan/College Station area compiled from information from our local multiple listing service. I have not verified the information so they are approximate. These total are ONLY for SINGLE FAMILY RESALE HOMES.Number … (0 comments)
Trouble
ahead?
Please keep in mind that it's the first month of a new year, so the year-to-date numbers may be quite variable compared to last month. There is only a limited amount of data in January's sales. Residential homes on Bainbridge Island were selling for a median price of about $563,500 at … (0 comments)
Texas' future prosperity will derive from more people, more jobs and expanded personal income. Increases in employment will result in growth in personal, per capita, household and family incomes. Between 1980 and 2005, Texas' total personal income grew by 422.8 percent, from $142 billion to $741 billion. By first quarter 2007, … (0 comments)
Today I watched a video interview of Barry Ritholtz, CEO and Director of Equity Research from Fusion IQ give his take on the market. To him the market has more years left of recovery. He must have looked into his crystal ball and read the future. I have no reason to believe … (6 comments)
Listed below is every lakefront home sold in Big Bear Lake, CA in 2007. It is broken down by list price (in green), sales price (in red), and average days on market (in blue). There were 20 sales ranging from $599,460 to $2,800,000. It is interesting to note that the sales price … (2 comments)
The Northern Virginia market is ahead of most other markets. Watch what happens in Northern Virginia and you will see trends that will likely occur in most other parts of the nation. Right now the prices are still coming down on resales, rents are somewhat stagnant or increasing slightly and overall … (0 comments)
REVIEW OF THE PAST 5-YEAR PRICE / SALE TRENDS