In reviewing the data from the National Association of Realtors, here’s how the business of home selling stacked up in terms of closed sales nationwide… (Note-EXISTING HOME SALES measure actual closings of all home sales that are not newly built. It is an estimation based on MLS sales count but benchmarked periodically to Census data…
NAR Comm.Survey-PART ONE NAR Comm.Survey-PART TWO NAR Comm.Survey-PART THREE It has been a rough year for commercial real estate in general, some signs of optimism showing. Definitely a great time to buy. Source: National Association of Realtors
NAR Economic Forecast.2012 Again, economic forecasting appears to be showing a bottom to this market. Source: National Association of Realtors Economic Research Division
Dec.2011 Existing Home Sales Show Uptrend The latest monthly data shows total existing-home sales rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December… “These are early signs of what may be a sustained recovery,” said Lawrence Yun, NAR Chief Economist. Source: National Association of Realtors
Growth in Commcl RE Mkts 2012 Signs of optimism? Source: National Association of Realtors Economic Research Division
Vacancies & The Housing Recovery Couple of things from this report: `The homeownership rate increased from around 64 percent in the middle of the 1990′s to more than 69 percent in the middle of the 2000′s. This increase in the homeownership rate represented an increase of more than 11 million owner-oocupied housing units across the…
In reading the Alexandria, MN Echo Press for Friday, I thought that I should report this to my blog for future posterity… “Just how unusual has the weather been this winter? In addition to the lack of snow, consider this: -Temperatures hit 50 degrees twice this month…55 on January 5 and 50 on January 10….
Some more statistical info equated to the listing data, it looks like this. Again, in Douglas County, for all categories (land, res, comm, etc.) for the repective years, 2011: 1670 new listings..$189,569 Avg.List$..218 DaysOnMkt…$293,744,071 New List Volume 2010: 1652…$193,907…186…$337,494,926 2009: 1602…$179,510…182…$325,271,740 2008: 2034…$202,147…164…$402,218,636 2007: 1862…$205,201…149…$395,666,458 2006: 1587…$184,346…169…$330,807,456 2005: 1378…$189,307…164…$296,703,371 2004: 1378…$173,378…168…$268,559,019 2003: 1412…$162,916…159…$252,373,473 2002: 1272…$140,431…159…$204,731,126…
In carrying the research a little further, these numbers are a little more interesting: If we add in the dollar volume to the closed number of sales, in Douglas County, all categories, it looks like this: 2011: 503 Closed Sales…$88,384,835 Total Sold Volume…$175,715 Average Sold Price 2010: 515″…$94,196,858″…$182,906″ 2009: 461″…$77,295,872″…$167,670″ 2008: 536″…$102,316,538″…$190,889″ 2007: 667″…$130,264,095″…$195,298″ 2006:…
In researching closed sales activity for Alexandria, MN MLS (Greater Alexandria Area Association of Realtors Multiple Listing Service), I wanted to know how many sales closed in this service in Douglas County for 2011. Then to draw a baseline, I needed to konw how that compared to other years. Here’s what I found: Sales closed…
