Just checking the record this morning…doing my job to keep you up to date on the market. I know lake lot sales have been very, very slow. Doing what I do every day, I’m a street guy. I work the pavement, helping as many people as I can with their real estate needs. The business…
I have been tracking this since 2006. Read July 29, 2008 blog. In July 2006 we had, 571,000+ new homes built in this country that were unsold and unoccupied. In reading the Wells Fargo Securities report this morning, it had this to say: “Inventory levels of unsold homes have continued to improve and have reached…
I picked this out of a Bremer Investment Management Update 4thQ 09. “Green shoots continued to emerge during the third quarter, indicating the recession is over and the world economies are on the mend. However, we believe the headwinds of high unemployment and a cautious comsumer will lead to tepid growth for the foreseeable future. …
No hard data this morning. Just want to get a report in. Been hunting a lot, leaving today again for the big piney woods. We have a cabin north of Itasca State Park. Got a 5 point buck last weekend. The market has been very good this quarter. If you have been reading my blog…
Just to give you an update on our current inventory status: Residential: Total of all listings currently is 574 in the MLS. The highest known peak ever was 663 listings on July 3, 2007. So as you can see the inventory has not subsided much. Typically, this time of year the inventory would/should have fallen…
