A question commonly asked of me, so I checked since the 1st of the year to see what had sold…here are the parameters: In Douglas County, closed sales in the GAAAR MLS, since January 1st till the 25th of February in the year reported, ALL Categories (i.e. residential, farm, lots, etc.): 2011: 38 Closed Sales…
Housing Affordability Index.Feb2011 These numbers are staggering, IF THERE EVER WAS A TIME TO BUY A HOME, IT IS NOW! This index will go down, do not expect it to stay at this level for much longer. The index for fixed rate mortgages that was pended at the end of December was at 183.9. In…
Blog.2.15.2011.Consumer Confidence GraphI retrieved this comment from the Wells Fargo report, thought you might like it. As noted before, the Consumer Confidence Index has been called the key “truth detector” of the Amercian economy. I now believe that, I only wish that I had been tracking this my whole career. Any comments from anyone out…
It appears that there is a mindset that has permeated the marketplace and that is that it is acceptable to make a lousy offer to purchase real property. Some Buyers think that they because they are a buyer, that their offer (whatever it may be) should be acceptable behavior. As stated before, the foreclosed properties…
HousingDataWrapup.Dec.2010 I enjoy reading these reports from Wells, they are well thought out and their data collection is done very well. The opinions expressed by Wells, are collaborated by other sources that I read, further increasing the integrity of their opinion. If anyone out there has another data collection service that they enjoy, let me…
HousingUnits.AlexCity.USCensusBureau In reviewing the data from Census Bureau, I find that the City of Alexandria has 6,547 total housing units. Of those 6,158 are occupied, 3.388 are owner-occupied and 2,770 are renter-occupied, a 55% to 45% differential. This study is from 2005-2009, we should be getting a new census report soon. Source: US Census Bureau
Housing Units.DoCty.USCensusBur This has been a interesting question to answer: How many housing units are there in Douglas County? I checked with Douglas County sources and came up with a number. First, of all, I should clarify that a housing unit is a structure or unit that is intended for habitation by one household. In…
AAEDC.2010.Part2AAEDC.2010.Part1The annual report from the Alexandria AEDC for 2010 is always welcome to see. I believe that the commission is doing a great job for the Alexandria community. I know that they would like to do more, as we all would. In the State of Minnesota, we spent more than we made. With this large…
This market shows extreme signs of resilience…here’s the Alex City 2010 Building Department’s Annual Report.AlexandriaBuildingDept.2010AnnualReport
NAHB.SalesReport.January2011New Homes for sale remain at their lowest level in more than 40 years, at just 190,000 units in December. New homes sold is, I believe, at an all-time low since the 60′s. Keep your eye on the pendulum. Source: National Association of Home Builders
