by Wade | Oct 10, 2012 | Blog, Buyers, Featured, Market Data, Sellers
According to the media, the housing market is back right? Not so fast, while 2012 was a tremendous improvement from previous years we have a long way to go before we can call the housing market “stable” again. Maybe the best news is inventory is currently down 30% and...
by Wade | Jun 15, 2012 | Blog, Buyers, Market Data, Sellers
It’s a great time to sell your home in Woodbury! Compared to last May inventory is down 40%, the average selling price is up nearly 4% while days on market for a home in Woodbury has gone down 16% to 120 days. I believe this is a spike in the market that...
by Wade | Nov 22, 2010 | Blog, Buyers, Market Data, Sellers
Is the worst behind us? Fortunately the luxury market has sustained the recession better than any other segment of the real estate economy. However, I feel that the worst is yet to come – specifically in the second home market. My theory is that many second...
by Wade | Aug 16, 2010 | Blog, Buyers, Market Data, Sellers
The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of...
by Wade | Aug 11, 2010 | Blog, Buyers, Market Data, Sellers
Great market update from Inman News. With distressed homes accounting for a smaller proportion of sales nationwide, median prices for existing homes were up from a year ago in nearly two-thirds of the 155 metro markets tracked by the National Association of Realtors...