We did some rough calculations earlier from data acquired via FMLS and figured that Big Canoe resales are down roughly 40% in 2007 vs 2006. Not surprisingly, there does seem to be a basic bell curve of agents and their respective sales. Some are doing better this year, some much worse than 2006, and most seem to be down 30%-40%. I did not run the figures on Bent Tree, but I would be interested if anyone has that data readily available. Seeing the data for Jasper, Ga would be interesting as well. I would be interested to see what other agents and brokers around the country are experiencing.
Even with the overall decrease in market activity, there IS still a pulse in the Big Canoe real estate market. It certainly is far from deceased...it's just slower than last year. Interestingly, we had many more "tire kickers" last year than this year. The buyers that have contacted us this year seem to have already made the mental leap that they ARE buyers. For the most part, they know what they are looking for and have their financing in order - my kind of buyer!
My thought for the day - thanks!
-Karin
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