There's the good news and there's the better news

By
Real Estate Broker/Owner with Publicover Realty Group, inc BK3013613

Finally the news is beginning to be positive regarding the real estate market. The other good news is the "Press" is beginning to write about it. Yes, the "Press", those folks who love to highlight the doom and gloom of everyday life can no longer keep the negitive day after day headlines about real estate .

Just a week ago I wrote a short Blog suggesting that when Realtors begin buying properties, the market has hit the bottom and is turning into positive territory. Well they are buying!

In my local newspaper Friday, there was an article, "Home sales rise by 38% over the previous month". Also included in that report..... prices increased 7.8%. Now this was only sales over the prior month but, nevertheless, excellent news. This certainly reduces stacked up inventory and makes room for new.

I'd certainly appreciate your thought on this and how things are in your market

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Rainmaker
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Krystal Knott
LIV Sotheby's International Realty - Breckenridge, CO
Breckenridge CO Real Estate & All Summit County CO

Bob, that is great news!  We are feeling our market turning (slowly) but it does appear to be turning.  We found some interesting statistics about our market in the form of dollar volume and number of transactions, it appears we were increasing every year until 2007 then we started dropping, the numbers for 2010 appear we are increasing, not a lot but some...we have created an email that we sent out to buyers that should hopefully get some of them off the fence, but you never know since we are in a 2nd home market.  Good luck to you this year, I hope your post rings true and your market is not only turning but your press starts talking about it more and more.  --Krystal

Jan 25, 2011 07:27 AM #1
Rainmaker
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Deborah Bly
RE/MAX Space Center - League City, TX
RE/MAX Realtor

Bob,

Funny thing. I am starting to look to do my own shopping.

Jan 25, 2011 07:53 AM #2
Rainer
216,275
Bob Publicover
Publicover Realty Group, inc - Stuart, FL
Thinking outside the box

Yes Deborah, I closing on an investment property Feb.15th.

Jan 25, 2011 09:56 AM #3
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Bob Publicover

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