
Surge In Home Sales - Will This Be A Record Year?
Home sales are surging higher and higher with the only question left for 2021 is will this be record-setting? Here’s what the data is telling us
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Home sales are surging higher and higher with the only question left for 2021 is will this be record-setting? Here’s what the data is telling us

Complete mid-year review of current housing market conditions, mortgage interest rates, home sales trends, and home affordability

Our housing report reveals 3 key indicators, including distressed home sales, new foreclosures, and then closes with a review of mortgage interest rates

How long should you list your home for sale with a real estate company? How long does it take to sell a home? Does it take a year? Six months? Three months?

When we look at Waverly Hills home sales for the past year, the distressed home sales trend (one year average) has been reduced to zero.

Home values for Ox Bottom Manor home sales began to return immediately when all the distressed properties for sale began leaving the market.

More than a third of all 32311 home sales have been distressed sales (short sales, foreclosures, etc.) this year, and the trend is rising.

Growth in pending home sales means nothing to the housing market if they do not result in an increase in total home sales.
These are all of the recorded home sales at Shell Point since 1/1/2009. I will be using these to formulate a value. Just click on any red dot and the sales

The average value of home sales in Golden Eagle Plantation in 2006 was $174 per sq ft, which has dropped 24% to $133 per sq ft in May 2012.

Unless January brings about a rush of heightened homebuyer activity, this report suggests we brace for slower home sales.
Year Over Year Home Sales Slide-December home sales were down nearly 40% from December of 2009

2010 Home Sales Analysis-The relative drop in the market is far worse than the real drop that we see.

Pending Home Sales Show Improvement-The real estate graph below shows the one-year trend of pending home sales,

Home Sellers must decide to stay or go. It is as simple (though very painful) as that. This has been a recurring theme in real estate conversations
Home sales in Golden Eagle, as this report will show, demonstrate the importance of having a neighborhood expert evaluating market activity.
Daily home sales in Tallahassee have been on the rise since the middle of August 2009. Unfortunately, yesterday’s look at pending home sales has