1994 Lindquist Appraisal Report I miss Dan, he was such a great guy. He knew how much I enjoyed his statistics that whenever he compiled them, he would share them with me. This was one of his reports from 1994. I love reading Dan’s interpolation of the data. Check out the spike in lot sales ... [Continue Reading]
Alexandria 1982 Lake Lot Sales I found this today…I had typed this up in 1982 in trying to get some idea of what sale prices were for lake lots. The company I worked for then is no longer around. What a ride, I see I only used white-out one time with that old manual typewriter. ... [Continue Reading]
The former CEO of General Electric was on CNBC this morning. I like watching “Squawk Box”…great people on there. Here is what Jack Welch said this morning… ~ COMPANIES ARE “OK” TO “VERY OK” WITH THINGS ~ PRODUCTIVITY IS OFF THE CHARTS; COMPANIES CAN DO “MORE FOR LESS” ~ NEW RULES OUT OF WASHINGTON ARE ... [Continue Reading]
Existing Home Sales This is good news. Last year, the existing home sales nationally ended around 4.9 million units…with Tax Credits being used for incentives. This is a real market. Sales are pushing forward. The estimate for this year was 4.88 million units. I see the day in the not to distant future, where we ... [Continue Reading]
Housing Starts Drop Good Question. I agree with the assessment in the article…WHEN EMPLOYMENT AND CONSUMER CONFIDENCE IMPROVE! Consumer confidence fell again in August to a new 3-year low. Washington, DC does not have any oars in their canoe and is severely lacking ANY leadership. Election is next year, let’s vote for CHANGE! Enough of ... [Continue Reading]
In keeping an eye on the Alexandria inventory, I checked the data this morning to see what the current inventory was that had been entered since the first of the year. As of today, there are 2,240 listings entered into the Alexandria Multiple Listing Service. I reported on January 7th, 2011, the listings that had ... [Continue Reading]
WellsFargoHousingChartbook.Sep2011 Another persons perspective… Source: Wells Fargo Securities
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I checked the MLS records yesterday, there were 55 sales in 2011 since January 1, 2011 in Douglas County for the Lakehome/Cabin section. Compared with January 1, 2010 to September 7, 2010, there were 68 sales. Sales are down 19% from last year, let’s see what the fourth quarter brings. There are 252 active lakehome/cabin ... [Continue Reading]
Case-Shiller.2011Q2 Press Release Two things from this report… ~Minneapolis posted a double-digit 10.8% annual declilne in home prices in one year ~Nationally, home prices are back to their early 2003 levels. Source: Case-Shiller
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Consumer Confidence plunged 14.7 points in August to 44.5. The drop in the overall index was the largest since October 2008, which occurred in the aftermath of the collapse of Lehman Brothers and massive intensification of the financial crisis. The index is now at its lowest level in more than two years (April 2009, 40.8). ... [Continue Reading]
