As we wrap up 2011, I reflect on how grateful I am for everything that life has to offer in spite of our own trials and tribulations. For me, starting Randy Fischer Real Estate in January 2008 as The Great Recession began, has been the most challenging chapter in my life. It has been a…
Housing Data Wrap-Up. December 2011 More good news than bad. The market will always find it’s bottom, after that…it can only go up. Take time to read the enclosed report. Thanks to the folks at Wells Fargo for great reporting. Source: Wells Fargo Securities
Favorite Charts of 2011 Great stuff from Wells Fargo Securities. This is their best compilation for a reader to absorb large amounts of data quickly. Enjoy…Best Wishes from Team Randy Fischer in 2012. Source: Wells fargo Securities
Well, it looks like my team and I will finish 2011 with 74 closed transactions. I am not sure of the overall sales volume, but the MLS statistic that I pulled showed $16,000,000+ the last time I checked which was the first part of November. I think that is for unit sales volume. I was…
Consumer confidence registered 64.5 for December. This is the fourth strongest month in more than three years! And, not far from the cycle high of 72.0 set in February 2011. The consumers confidence is strongly influenced by the consumers assessment of the jobs market. As the unemployment rate has come down recently and with employer…
Existing Home Sales.2007-2010 Huge number drops, but if you read the report from December 22nd, you will find that a revision was made to the benchmark which changed some of the housing data. Through all of this, the bottom-line is that it appears that we are close to price stabilization levels. The pendulum may have…
District 206 levy for 2011 approved Major kudos to the leadership of School District 206 here in Alexandria, Mn for your stewardship and vision. Best of luck on the new high school project in the coming years.
This mornings photo in front of Randy Fischer Real Estate on the main street of Alexandria, MN looking north.
NAR Report This is a huge, huge report. Sales have been downwardly revised, which will mean that all the previously reported data is now changed. As was previously reported, 4.908 million existing-home sales last year; is now reported at 4.19 million…a 14.6 percent decrease. You may want to quickly glance through this article. It is…
There was a day in the not too distant past, when home mortgages were uncommon. Go back a little further and they were non-existent. As markets rise and fall (because that’s what markets do), the series of events that unfolds during the fall, to the person indebted is far more traumatic than the one who…
