The new statistics have just been released for the city of Roswell homes sales this week. They are not very good. To make sense of them I broke down the numbers by city as opposed to MLS areas that are harder to understand. For the Month of November 2007 there were only 57 Single Family Home Sales. This is very substantial drop in sales activity. It must alos be tempered with the reality of all time highs in inventory of other homes for sale in Roswell.
Roswell Single Family Homes November 2007 Comparison
Active - 756 Properties Found
This trend shows deterioration in our market of sales, increased marketing time, 13.26 months of inventory and what you cannot see is the sellers contributions towards closing costs, and repeat time on market.
Roswell Condos and Town Homes November 2007 Comparison
Active - 426 Properties Found
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Happy Holidays Jim Crawford!
Would you please check this service out for me. www.RealEstateEF.org/fixyourcredit.htm
I am curious to know if you think it is a good credit repair service. I read your blog and you have a lot more experience than I do in these matters.
A guy with the company told me they pay 40% for referrals and so I'm thinking of becoming an agent, but I know the credit repair industry is full of scams.
Thank you and Merry X-Mas,
Greg Jones
Coldwell Banker
Gerg Jones I don't know is the best answer I have. There are many scams, I suppose you will have a lot of research ahead to check out the legitimacy of this.
Thank you very much for your advice
Jim Your sales dollars are considerably lower than ours in Northern Virginia, but the depressing number of units is about the same Karen
If I look at our numbers here in the Bay Area is much more staggering than what you presented in various communities.......however......I have been the busiest than I have been in the last few months. I have chosen not to allow statistics and the media to control my life and my destiny. I had a call from investor two days ago and we are now in counters on a property.
I realize the seriousness of the situation real estate is in. I recognize there are still buyers and sellers and there are loans for those qualified buyers and I am grateful and thankful for those clients.
In spite of the doom and gloom there is life and there is business. May 2008 be your miracle year!
Gerg Jones You are more than welcome!
Karen Kruschka - In This Market You Really Need My 31 Years Experience I know, I also am a Broker in Northern Virginia. I do not know which market is worse! The Roswell are is just one area of our market. I plan to post a few more market reports in the coming days.
Terry Osburn, Broker Associate Thank you! I agree with your upbeat sentiment in spite of the market. " I realize the seriousness of the situation real estate is in. I recognize there are still buyers and sellers and there are loans for those qualified buyers and I am grateful and thankful for those clients."
I have been rebuilding all of my websites (That is where over 85% of our business comes from). I do believe there is still opportunity in this market!
Interesting numbers. Similar to what we are seeing in SE CT. Still a good number of first time buyers that are qualified and ready to buy. Let's make 2008 a year to remember. ( for good reasons, not bad)
PHILIP TURNER-MORTGAGE BANKER SINCE 1980 These numbers only tel part of the picture. Homes are expiring several times, and being withdrawn off the market. Expired and withdrawn listings exceed sales 2 to 1. In the early spring inventory will rise higher due to the number of listings that are just off the market at this time. These number do not reflect foreclosures. We are in a dry spell right now. The holidays are considered a good will time of year. They will flood the market after the first of the year.