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Exit 13 Blog Past Market Updates you may want to check out
Exit 13 Blog Past Market Updates you may want to check out | Past Market Updates you may want to check out |
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June 22 Update Over the past few weeks that number has stayed around 105 to 108. There are dramatic increases. I track six areas every day. Those are Avalon and Avalon Manor, This little microcosm is showing us a positive trend in seashore real estate. Couple this trend with the increased telephone and internet traffic and I am optimistic about what this summer season will bring. Today the pending number is 116.
July 15 Update Additionally, I have enclosed the market update for 7/3 through today. We continue to see increased activity with: properties listed, sold and those going under contract. One day last week we had a flashback to 2003 with five solds in one day in Avalon! You will notice a jump in activity from about a dozen properties to close to 40 properties on the mls since I began sending these updates out a month ago. MARKET UPDATE Please don't hesitate to contact me with any real estate questions July 31 Update Good Afternoon, I'm not a back to back e-mail kind of guy - unless I think it's important. I thought it was interesting and exciting that over $18 million worth of property was put under contract today in the areas I track. Enjoy the weekend. Sincerely, Ralph Good Afternoon, I have been sending a weekly update of the Avalon market with comments about the Real Estate market for the past month or so. Just found out there was a gliche in the e-mail program and they probably were never delivered to you. I may send them to you spaced out over a short time to catch you up. This week it was reported there was a little hiccup in the sale of existing home sales. After four months of increased sale they dropped 2.7 % for August. I personally think the drop was predictable. August is back to school, back to sport camps and a very hectic time in the lives of American families. Also, with a 45 day lead time recommended for a mortgage approval, it was probably too late for those trying to take advantage of the first time home buyers tax credit to get their mortgage approval in time. Sales will slow again after the tax credit will expire in November. In closing, you can take it to the bank that the $8,000 first time home buyer's credit will be extending for another six months with few, if any, changes. Thank you for your time, Ralph
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