Thursday, April 24, 2008

Q. Are there any positive improvements to the local real estate market?
Yes, there are several:

1. Homes sold per Month are increasing. The past 3 months there were 15.3 sales per month. We currently up to 23.0 sales per month.

2. Pending Sales are up. In February there were 23 homes awaiting closing. There are currently 43 homes awaiting closing.

3. Buyers are still uncertain of making a real estate investment & fewer buyers qualify for a loan under the stricter lender guidelines. The good news is that the current buyers are
more qualified and the chance for a successful closing are higher than ever!


4. Coldwell Banker properties are being viewed more. We track the number of showings on our office listings. There were less than 100 showings per week back in January. We are now up to almost 180 per week now.

Wednesday, April 16, 2008

Realtor Humor

The Realtor and the Dog:
I pulled into a crowded parking lot and rolled down the car windows to make sure my golden retriever had fresh air. She was stretched out on the back seat, and I wanted to impress upon her that she must remain there. I walked to the curb backward, pointing my finger at the car and saying emphatically, "Now you stay. Do you hear me?... Stay!.. Stay!" The driver of a nearby car gave me a strange look and said. "Why don't you just put it in park?" ??