Summerlin June 2010 Real Estate Resale Market Report:
- Listings (7/15/2010): 720
- Under Contract (7/15/2010): 654
- Sold June 2010: 175
Since Last Month's Report:
- Listings UP +44
- Pendings DOWN -42
- Sold Units UP +25
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744
In the section under 2010 you have two 2009 dates. Is that the date you wanted to use? It is good to see that sold properties is up.
Cal
Jul 26, 2010 03:20 PM
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966
Dilbeck Real Estate - Burbank, CA
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA
Renee,
Do you think the apparent inventory is a natural indication of this market or more a matter of lenders drip feeding their REO?
Steve
Jul 26, 2010 04:17 PM
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"
Renee I agree with Tammie - come to VA and do our reports - your reports are among the best I've seen - the work of a real local expert
Jul 27, 2010 06:06 AM
Retired - La Jolla, CA
Retired
Hi Renee, Your markets have picked up over the past few months. But I see that the prices are still really depressed. Do you think with all the investors that are buying out there, that rents will also be depressed for for a time. Or are the rents holding along with the sales increases.
Jul 27, 2010 09:01 AM
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR
The Watts Group Real Estate - Cottonwood Heights, UT
Salt Lake City Realtor - Salt Lake County, Cottonwood Heights
Renee, Great report as usual, I hope most of those solds were yours, you are the Vegas Diva!
Jul 27, 2010 12:56 PM
Coldwell Banker Residential Brokerage - ABR - SRES - Alexandria, VA
Northern Virginia Real Estate
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!
Renee
Summerlin looks like it is taking off well again; love those community names
Jul 27, 2010 04:50 PM
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate
Nice job Renee summarizing what is going on in the Summerlin Real Estatate market. I hope you are kicking some butt:)
Jul 28, 2010 12:39 AM
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
Holy Moly 12 comments on a market report when my average is three! Thanks all for the comments!
Cal: THANKS GOOD EYE! Will revise!
Steve: as always, drip feeding. We are on an IV here, LOL! Less investors are purchasing at trustees sales right now with the tax credit expiring and buyer pool thinning. We will be seeing more REO in the near future.
Tammie & Karen: LOLOL! Maybe I should be "for hire" in the market report department. All my graphs are pre-set so I just plug in 411!
William: MOST EXCELLENT POINT!! Our rental prices ARE getting diluted from the amount of rental homes being bought. Also many renters have turned into buyers in the last several years. Couple that with our extremely high unemployment and we have not many incoming residents as we used to!
Jul 28, 2010 05:35 AM
Bethesda, MD
Renee,
The month's inventory reversed itself and is heading more towards a seller's market again.
Jul 30, 2010 08:36 AM
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
Pulled July Stats already and I am amazed that summerlin inventory is even lower!
Aug 16, 2010 02:21 PM
Rainmaker
1,515,028
1,515,028
Renée Donohue~Home Photography
Western Michigan Real Estate Photographer
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