kendall: The time is NOW!.... To look at the South Florida Market.
- 02/24/08 10:11 AM
My last blog said it all with one single chart showing "The ugly picture of the market" . For the past few week the phone have been busier and the traffic has picked up some. So I decided to to take another look at the current situation and see if there was some positives to learn for this. The first thing that I noticed is that the investors who were always there looks to get a steal, and tell you to call them with any great deal I may have for them. They were now calling me asking about the same deals I told … (0 comments)
kendall: The ugly picture of South Florida Real Estate
- 02/16/08 07:04 AM
The chart below is current as of this month. What it is showing is the number of listing on the market (Green), the average price per sale(Yellow), the number of new listings add(Red) and last the number of listing sold (Blue) in the past two year on a monthly period. Two of those line paint a very scary picture of the future, can you guess which two? The Green line is the inventory of homes in the MLS back in June 2006 we have a inventory of about 2000 home and were closing close to 500 deals a month according to the Blue … (2 comments)
My last blog said it all with one single chart showing "The ugly picture of the market" . For the past few week the phone have been busier and the traffic has picked up some. So I decided to to take another look at the current situation and see if there was some positives to learn for this.
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