Currently, in the local MLS there have been 161 sales to date since the first of the year posted in Douglas County in the Residential section of the MLS. Last year, from the first of the year to August 25, 2010, there were 184 sales. 2009; from the first of the year to August 25,…
Currently, in the local MLS there have been 51 closed lakehome sales in Douglas County since the first of the year. In 2010, by this date from the first of the year, there were 62 sales. In 2009, by this date from the first of the year, there 38 sales. In 2008, ” , there…
NewHomeSalesFallinU.S. New home sales fell 0.7 percent in July to a 298,000-unit pace. Most of the drop was in sales of homes priced between $400,000 and $750,000. Sales increased for homes priced below $150,000 and above $750,000. One of the statistics you need to look at is “Inventory of New Homes for Sale”. Currently that…
To date, I have had 59 sales negotiated, pended or closed. That’s near 2 per week…one every 4 days. This is reminiscent of the good ole days. Who says that the market is bad?…the market is fantastic! (Prices ain’t so good though. That’ll change) “Keep your eye on the pendulum”
In checking with the Douglas County Sheriff’s Department yesterday, the report to date is 82 foreclosed properties in Douglas County. If you search “foreclosures” in my blog, you can get the history of the foreclosure business going back a few years. It appears that we will be in the foreclosure business for a few years…
StatesWarnedAboutImpendingMortgageCrisis In an effort to lay blame for the current housing crisis, we need to go back in time. As usual, greed lays at the foundation of the problem. We are talking millions and millions of dollars to these companies. It appears that the states had tried to stop the predatory lenders from entering their…
In an effort to provide the best real estate service to the citizens of the Alexandria, MN community, I use the blog to transmit data quickly and efficiently. In the old days, we had to use newsletters. These were slow, inefficient and little content (they always recommended putting recipes in there). My belief is that…
The mortgage brokers we have remaining from the early days and still doing business here in Alexandria, MN are probably bordering entering “sainthood”. With the new RESPA laws and Dodd/Frank, the mortgage business has turned what used to go through a 2″ pipe into pushing it through a straw. The folks we have today are…
It appears that the peak inventory cycle is passed again. The following information is respective of the local mls inventory at the highest amount of listings at the given moment of checking the local mls system. At Randy Fischer Real Estate, we check the market inventory daily…every weekday. We are able to draw a conclusion…
S&P.Case-Shiller.March2011 I had one of my friends send me this. He reads my blog from time to time and thought that I may find this report interesting. In reading the S&P/Case-Shiller Home Price Indices Press Release, you will find this most interesting. Bottom line…prices have slid this year nationally. I had a dude came to…
