Third Monday Market Update

Same ole’, Same ole’…except for some shinning light. Two things started to stand out over the last two weeks. We have seen an increase in the number Under Contract and the number of prospects calling for information. These are both good signs as we start to head through Summer and into Fall. There were more calls in the last 15 days than the entire month of July and almost double the number of calls for the month of June.

 

Regards,

 

 

Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR, Top 10 Listing Agent for 2009
Direct 828-406-2134
Marc@CedarFallsRealty.com
Make sure your REALTOR is RE-MARC-ABLE!

 

 

 

First Monday Market Update

Again, The Absorption Rate stayed steady over the last few weeks. Sales seem to be steady with last year, and the number of properties under contract has risen, ever so slightly.

 

I have had several conversations with agents (and some Buyers/Sellers) that all seem to be seeing very similar activity.less than desired. That is not really a joke; almost everyone I have spoken with has told me point-blank they would like more traffic. But, if you look at the number of sales, our market is not hurting like a lot of other places. The one major difference, we have almost no "lookers". Lookers are the people that call themselves buyers, but for one reason or another, will not actually be purchasing anything. This means that we have less people looking (than 2009), but just as many people actually purchasing, and our Absorption Rate is holding steady as well.

 

Regards,

 

 

Marc White
Marketing Specialist, ABR, GRI, ePro
Broker/REALTOR, Top 10 Listing Agent for 2009
Direct 828-406-2134
Marc@CedarFallsRealty.com
Make sure your REALTOR is RE-MARC-ABLE!