NAR Report.October 2011 This is an amazing report in that the sales pace is up 11.3 percent from the September 2010 unit pace. And with no Government Tax Credits!
Consumer Confidence.Oct.2011 I’m sorry, but we need to “change” some things. After two years, we are not getting the consumer confidence where it needs to be. The Consumer Confidence is sometimes referred to as the “key truth detector”. As the one report says; “Utter Lack of Confidence”. Consumer Confidence is reported at 39.8 for October…
Case-Shiller.Oct2011 There again appears to be a bottoming…one report I recently read suggested that it may be mid-2012 before the bottom appears. Nonetheless, this report is seeing some signs of a bottom in pricing… Source: Case-Shiller
Rebound Waits for young adults to enter the market I picked this article out of the Sunday Star Tribune. As we know, the cycle has been to create more multi-family housing. So when will the cycle swing back to single-family home construction? Source: Star Tribune
ExistingHomeSalesFalter in September This is about where it ended last year. My overall thoughts are that without any government involvement and the market is showing signs of stabilization. Prices are down, but overall sales are about the same. If you read back in my blog I have the existing home sales data going back around…
We had a great time. That’s my son Boone and my Marine Corps buddy, Dennis Schnell. Denny got a real nice 8 point; we got the two deer for the three tags. My son got his bear up here in August. No deer for this trip for him though. He got a nice 10 pointer…
Anyone looking at living in this community may want to check out this website. Full of information about the Alexandria, MN area. go to www.alexmn.org The folks at the Alexandria Area Economic Development Commission have done a wonderful job in helping businesses and individuals utilize the tools and resources that we have available in completing…
Center for Pain Manangment under construction Eye Associaties under construction Alexandria, MN Technical College Student Housing under construction The Alexandria, MN community just keeps on growing. There has been a continuous period of construction activity for as long as I have been selling real estate here in Alexandria. Unbelievable!
So what are your thoughts…anyone out there
Defined as: “a value of a property or of an interest in it in excess of claims against it.” There are a lot of folks who preserved their equity and in recessionary times like these, have much more confidence in their future…and maybe a roof over their head, than the folks that were too highly…
