Credit Suisse Monlty Survey of Real Estate Agents for September 2012
This is always a fun post for me to write. I've been doing it monthly for a few years. I remember when . . . it was all "thumbs down" all over the surveyed real estate markets.
Then, it became more of a mixed bag.
Recent months show what we, here on ActiveRain, have been blogging about: Limited Inventory in quite a few key real estate markets.
However, it's a very mixed bag on this month's results. There are many markets with home prices "thumb's" up, but with either buyer traffic "thumb's" down or showing no change (i.e., buyer traffic neither meeting expectations, or exceeding expectations.)
Portland Metro Market, on page 37, shows:
- Buyer traffic -- not good, not bad. Not what is to be expected, which is a good thing for Buyers
- Home price -- thumb's up. Not a good thing for Buyers
- Builder incentives -- thumb's down. I've found that Builder's ARE adding to incentives, so I'm a little confused by this. Builders need to close-out their year-end and they ARE dealing, IMHO.
Credit Suisse Monthly Survey of Real Estate Agents Sept. 2012 Results
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