kentnor: The market has bottomed. Now what?
- 02/22/11 12:29 AM
I recently posted this to my blog that goes out to my clients and customers. It represents some degree of frustration, but it also asks the question we all have: When? "It will happen, won’t it? You know what I mean. The real estate market in Sonoita, Elgin and Patagonia will begin to act more normal. We’ve been waiting a long time, especially if you are trying to sell a parcel of land. But, I can honestly say it hasn’t happened yet.Our housing inventory remains above 100 units when it should be less than 50. Interest in land parcels is excruciatingly … (0 comments)
kentnor: Increased buyer activity
- 10/29/10 07:03 AM
I have seen a measurable increase in inquiries, not clicks, coming through the internet in the past couple of weeks. It could be seasonal, but it could also mean that buyers are really thinking about buying. What a novel idea! Our market is long overdue for some serious people to show up and write contracts. I hope you all are seeing the same thing. … (3 comments)
kentnor: REALTORS® Need to stand up to reality
- 09/10/10 02:59 AM
There is a posting today by a Keller Williams agent in Portland, OR about how she declined to take a land listing from an unrealistic seller. She should be congratulated many times over! There is a business model being followed by many agents in my community, and elsewhere I assume, that says take any listing you can as by so doing you will control the inventory when the market turns around. It sounds like a good plan on the surface, but I could not buy into it. I feel you have to be honest with people, just like the above agent. … (3 comments)
kentnor: Sales up 44% in the Mountain Empire real estate market
- 04/19/10 10:04 AM
No matter how you look at the two main indicators of our market, unit sales or dollar volume, this is a better year than last for sure. During the first quarter of 2009, 4 homes changed hands with a dollar value of $1,008,900. This year 10 homes changed hands at a combined value of $2,412,400. (All statistics from the Tucson Multiple Listing Service.) Land transactions, however, were a different story: In 2009 there were 6 sales with a total value of $920,726 versus 3 sales with a value of $370,000 this year. When you consider the total dollar value of transactions … (0 comments)
kentnor: The year end wrap - 2009
- 12/27/09 12:05 AM
It's 12/27/2009. Twenty-Ten is just hours away. I'm well into my thinking and planning for next year, but I am still reflecting on the year almost past. All of us in the real estate business were faced with new and challenging opportunities this year. It wasn't so much that we didn't know it was coming, but most of us are optimists and accepting the reality of fewer buyers in the market - and many fewer they were in the Mountain Empire - was really uncharted territory. We hunkered down and readjusted all our marketing and promotional efforts to bring in buyers to … (1 comments)
kentnor: Ranch Opportunity
- 11/20/09 02:54 AM
I just want everyone to be aware of a great ranch property in SE Arizona. For pictures, information, use this link: http://ow.ly/E3qh You just never know whom you might meet during the holidays and what a great chance for a nice referral fee.
Happy Thanksgiving and Happy Holidays! … (0 comments)
I recently posted this to my blog that goes out to my clients and customers. It represents some degree of frustration, but it also asks the question we all have: When?
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