I see that there are 616 listings in the Residential Section this morning. That is the highest that it has been for the year. Still well below last years high of 658 on August 28th. Of the 616 listings, 315 of those are in Douglas County. Douglas County residentials peaked so far at 325 listings…
Sales of existing homes leapt to their fastest annual pace since August 2007 – 5.24 million units. The NAR (National Association of Realtors) noted that distressed sales were still 31 percent of transactions and the new homebuyer tax credit had “significant impact”. Sales were up 7.2 percent in July with solid gains in both multi…
Sales of new homes increased sharply to an annual pace of 433,000 up more than nine percent for the second straight month, following positive revisions to previous data. Inventory and Prices both declined. Sales increased 9.6 percent in July to the fastest pace since the financial crisis intensified last fall. Sales are now up more…
As of this morning we have seen a small spike up in inventory to 611 resy’s. I noticed that it was up on last Friday to 612, but went down as quickly. I was kind of hoping that 609 would be the peak. Lakehome inventory peaked yesterday at 413 on inventory with 251 of those…
This is good news as it was predicted to go down…imagine that. CC rose 6.7 points to 54.1 in August, the first rise since May.
We recorded 609 residential listings on August 21st in the local MLS, of which 313 were in Douglas County. The peak last year was 658 resy’s which just so happened to be on August 21st as well. Typically, the most inventory available to a Buyer will be available in July and August in this market. That being said…
I noticed that the lakehome inventory went up a little bit from July 24th. On July 24th we had 405 lakehomes in the MLS system for a high count for the year (or so I thought). That number changed on 8-14-09 to 407 in the MLS with 248 being in Douglas County. Last year…
Wikipedia defines GDP as: a basic measure of a country’s economic performance, is the market value of all final goods and services made within the borders of a nation in a year. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all…
So far too date we have posted only 7 lake lot sales in Douglas County for the first half of 2009 with a total sales volume of $632,566 (Average of $90,366/lot). The first half of 2008, we posted 13 lake lot sales with a total sales volume of $2,029,150 (Average of $156,088/lot). The highest priced sale in…
