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The Real Estate Market is bouncing back...... I have PROOF!

By Alexander Harb

Services for Real Estate Pros with Knights Investing

August 25, 2007 01:37 AM

New home sales were UP in July nationally.
How happy about THAT are you?

Sales of new homes were up 2.8 percent.
Orders for big ticket items (refridgerators, washers,
dryers etc.) were up 5.9 percent!
Sales in the west nationally were up a staggering 22.4 percent!
The southern United States did not do as well, increasing sales by only .6 percent.
Sales fell 24.3 percent in the northeast sector of the nation....
The midwest area saw sales down only .9 percent.

Now -- Didn't I tell everyone that things were NOT that bad out there?

I'm havin fun while it's raining...are you?

Here is a link to one of my posts about that fact.
I posted this on 6/28/2007, before the stats came out !

Lets ALL go have fun, serve our clients and find MORE out there!

This encouraging real estate markets post is brought to you by:
Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.

Beach and Luxury Realty Inc... Central Florida real estate professionals who are on top of the local markets!

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Paula Henry

Home to Indy Team @ HomeSmart Realty Group - Avon, IN

Realtor - Indianapolis Real Estate - 317-605-4174

Alexander - Another positive spin on the real estate market, reminding people all real estate is local. We need to keep letting the public know.

Aug 25, 2007 04:26 AM

George Souto

George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT

Your Connecticut Mortgage Expert

Alex, if we listen to the news media, no one is selling houses, everybody is going into foreclosure, and all the Mortgage Companies are going out of business, because they can't write any more loans.

I am sure glad I do not listen to their doom and gloom predictions, because my business is up from the last two years.

Aug 25, 2007 08:56 AM

Diane Bell, Hilton Head Real Estate, Bluffton

Charter 1 Real Estate, Hilton Head, Bluffton, SC - Hilton Head Island, SC

I sure hope your predictions are on target...Keep encouraging us!

Aug 25, 2007 08:59 AM

Christine Bohn

RE/MAX Professionals - Gainesville, FL

The Bohn Team, Gainesville FL

I just did a similar post for my area today also - take a peak at it. Great Minds Think Alike! Let's hope the media will start "Calling all Buyers to Market"

Aug 25, 2007 09:10 AM

Esko Kiuru

Bethesda, MD

Alex,

That is totally encouraging news, for once. The media has been filling the headlines with negative news for way too long, so now that we have some good news, let's hope the tide is turning for good. Yes, some corrections are needed in the marketplace, but they don't have to repeat the same story week after week.

Aug 25, 2007 09:13 AM

Vicki Bishop GRI - Alabama Real Estate

Coldwell Banker United Realtors® - Bay Minette, AL

Its great to hear the good news. It has picked up in our area which is good for me.

Aug 25, 2007 09:24 AM

Alexander Harb

Knights Investing - Mesquite, TX

Dallas, Texas Real Estate Investing

Vicki....

I am happy for you, lady...go for it!!

Esko....

The media does that to sell papers and get people to listen to the evening news...sensationalism is where they are at... it is not always about the truth for them.. but how they can spin things....

Christine.....

I hope they do, BUT remember we in the real estate field would ALL make more money then the average reporter...so they might NOT..... hehehehe

Diane....

Did I say that my post was a prediction??? Nope...

I am just reporting on what is happening out there...these are factual statistics as of July 2007. I hope real estate professionals will take this good news to heart.

George....

Do ya think that your increase in business is partly because of your excellent blog?? I think so!! =-)

Paula....

It's not a spin....it is the facts, lady...just the facts....... hehehehe =-)

Juile....

I am happy for you...educate them out there lady, and have fun doing it!!

Mike....

Gee, thanks!! =-D

Susan.....

I got this from the media.... BUT don't tell anyone......hehehehehe
They (the media) do not trumpet good news too well.....

Aug 25, 2007 10:16 AM

Diane Rice

Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL

SFR, SRES, CNC

Well Alex..... even if it were NOT reported as so, we are to :

REJOICE ALWAYS!!!! & AGAIN, REJOICE!!!!! YIPEE!!! YEA!!!1

Aug 25, 2007 11:00 AM

Arina Hanciulescu

RealtyPros - Las Vegas, NV

RealtyPros

Invigorating to know that good things happened in other states... maybe will catch up with others.

Aug 25, 2007 11:42 AM

Lisa Hill

Florida Property Experts - Daytona Beach, FL

Daytona Beach Real Estate

Thanks for the great news! Where did you get these statistics? I may have to share them with the buyers I've been working with.

Lisa

Aug 25, 2007 04:08 PM

Carol Smith

Casmi Photography - Mebane, NC

Alexander - I applaud your enthusiasm and positive outlook, but at a meeting on Thursday (23rd) our area had over 7,000 homes on the market and over 3,000 are vacant. That's not a good thing. (Our metropolitan population is slightly below 300,000)

If you have an overflow of buyers, please send them here. We have some wonderful opportunities for homeownership and the people are just great - if I do say so myself! :)

Aug 25, 2007 05:02 PM

Ray Saenz

Exit Realty Laredo - Laredo, TX

Homes for Sale in Laredo, TX - Texas, Realtor

Alexander,

Great information to share and learn, you have a positivism and that's good, as I have written before, when it is bad for someone it is good for other person, depends where you are standing.

Ray Saenz

Aug 25, 2007 05:23 PM

Alexander Harb

Knights Investing - Mesquite, TX

Dallas, Texas Real Estate Investing

Ray....

Truth is truth... you just have to know what to do with it.....

Carol....

Ohio is in the midwest or near the northeast where home sales were DOWN....and I am so sorry for that.. Keep at it, lady!

Lisa.....

I got the information in the news online; I look every day or so for current local or national real estate news. Have fun looking!

Arnia....

Hopefully the midwest, south and northeast will catch up with the west... that would be nice, hmm? =-)

My sistah Diane.....

Yes, rejoice in the Lord always...again I say rejoice!! \O/

Put on the full armor of God.....

Aug 25, 2007 09:04 PM

Diane Velikis

Coldwell & Banker Busch Real Estate - Luzerne, PA

Luzerne County Real Estate

Hey Alex I found out things up here in Pa aren't so bad either! Pittsburg is on the move!!!

Aug 26, 2007 07:15 AM

Vicky Poe

Good Ole Rocky Top - Crossville, TN

Realtor/ Auctioneer

I believe you. Now if the you could just convience the media.

Aug 26, 2007 03:23 PM

abka defg

Fountain Hills, AZ

Its very refreshing to see someone reporting on what is really going on in the real estate market! It's not all doom & gloom like the media makes it out to be. There are a lot of great opportunities out there right now!

Aug 26, 2007 05:58 PM

Billnulls Blog Florida Realty Professional

Charles Rutenberg Realty - Clearwater, FL

AHWD

We are seeing a lot of business down here in south Sarasota County too! MUCH more than last summer!!! We would have trouble handling it all if there weren't two of us!!

Aug 27, 2007 12:44 AM

Randy Lyon

Kettley and Company - Oswego, IL

Alexander, The midwest sales were down but prices actually went up .5%. The market times have also increased. The major difference ifs in the new construction. The builders are way off. The preexisitng is fairing much better. Thank you for a ray of sunshine from the sunshine state.

Aug 27, 2007 03:21 AM

Debbie Malone

Londeree's Real Estate & Property Management - Lynchburg, VA

From Lynchburg To The Lake (434) 546-0369

Great to hear Alex, (now if someone would tell that knucklehead on CNN who reported you need a credit score of 10,000 to even get a loan to get his facts straight, that would help the public's perception of the market!)

Aug 27, 2007 05:59 AM

Alexander Harb

Knights Investing - Mesquite, TX

Dallas, Texas Real Estate Investing

Diane.....

I am glad for you!! Pittsburgh has a great agent over there -- YOU!!

Vicky....

Lots of real estate professionals have said the same thing as you just did and I am going to restate what I said before... the media thrives on sensationalism....AND the average real estate agent makes MORE than the average reporter...so they MIGHT NOT tell the public.... GREED and EGO is a dangerous combination..

Bonny....

I agree wholeheartedly!! The opportunities are out there, you just have to find them!!

Bill & Barb.....

WTG!! Go get em!! =-)

Randy....

Nice reporting on Midwest prices and market times.... stay with it, things will change!! Keep selling those resales!!

Debbie....

See my comment to Vicky....my fingers are tired...hehehehehe

Aug 27, 2007 12:42 PM