Sales of new homes fell 3.6 percent to an annual pace of 402,000 units. In addition, the previous three months saw a net revision of -26,000 units. Weakness has clearly reappeared but we are still off the first half lows. The 3.6 percent drop is the most since March. Still, we are well off of…
Nationwide, existing home sales jumped 9.4 percent in September to an annual pace of 5.57m units, the best performance since summer 2007. Buyers and Sellers continued to take advantage of the first-time home buyer tax credit. The 9.4 percent increase is the biggest jump since the combined single and multi-family series began in 1999. Single-…
In reporting the sales statistics, I really like looking at the data. No matter what it says, nonetheless, it is still data. How we use the data to make decisions is what counts. I will continuously report the market data as long as I can. I have always found the Alexandria, MN real estate market…
Here’s what I got: These statistics are from the MLS and the Residential and Residential w/Acreage Section. They are comparative with 2008 statistics which I think is indicative of where the market is today. I have added the sales totals for the complete years from 2008 back to 1995 in this report. It appears that…
I just think that it is time to have a little heart to heart talk about this market. I have been working very hard in this market for 27+ years so I think that I am qualified to speak candidly about this market and these times. I must admit that I wish that we had…
Feel free to comment and interact with the site. If you would like more data than what is posted…just ask for it. I will check the data and report back.
In trying to find some sales this year, the Alexandria MLS didn’t have much in there for data so I checked the Douglas County records. There were 21 total sales of ag land but the top 3 sales were between $8000 and $10000/acre, so removing those…the remaining 18 sales averaged $2356/acre. For a more detailed…
