Amanda Wilson

THE FOLLOWING CHARTS DEPICT THE BROWARD COUNTY HOUSING MARKET. IN THE LAST 15 MONTHS, SALES HAVE INCREASED BY 98.8% AND THE INVENTORY HAS DECLINED BY MORE THAN 20%. IN JANUARY, 2008, BROWARD COUNTY HAD OVER 40 MONTHS OF INVENTORY; HOWEVER, BY MARCH, 2009, THE COUNTY HAD ONLY 16 MONTHS OF HOUSING INVENTORY. (QUITE A DIFFERENCE!) THE ONLY ASPECT OF HOUSING THAT HAS GONE UP IN THE LAST THREE MONTHS IS AVERAGE PRICE PER SQUARE FOOT--MAINLY DUE TO SINGLE FAMILY HOMES. THIS MAY BE THE BOTTOM....OR IS IT THE TURNING POINT?

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Facts and TrendsTM
Published Apr. 2009
Location : Broward County
Number of Homes For Sale vs. Sold
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson, PA

	1 year	15 months
	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
For Sale	33925	26668	-21.4%	33595	26668	-20.6%
Sold	1181	1654	40.1%	832	1654	98.8%
Pended	1471	2828	92.3%	1178	2828	140.1%

Date	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09
For Sale	33595	33714	33925	33729	33795	33542	33172	32317	32264	31289	30640	29696	28544	28040	26668
Sold	832	943	1181	1285	1327	1416	1362	1343	1335	1392	1141	1567	1274	1308	1654
Pended	1178	1364	1471	1633	1484	1663	1605	1657	1449	1595	1455	1549	1792	2104	2828
Mon of Inv. on Sold	40.4	35.8	28.7	26.2	25.5	23.7	24.4	24.1	24.2	22.5	26.9	19.0	22.4	21.4	16.1
Mon of Inv. on Pended	28.5	24.7	23.1	20.7	22.8	20.2	20.7	19.5	22.3	19.6	21.1	19.2	15.9	13.3	9.4
Avg. Act Price	418	417	413	403	394	388	381	373	367	365	363	361	360	358	360
Avg. Sld Price	316	300	309	312	293	302	282	280	266	248	225	217	186	199	203
Avg. Sq. Ft. Price	195.63	180.44	186.11	187.86	184.8	177.92	169.44	166.03	163.2	154.04	142.74	137.38	126.81	132.17	138.08
Sold/List Diff. %	92	90	90	90	89	91	92	90	92	91	91	89	90	90	90
Days On Market	120	125	121	122	120	115	111	110	109	106	106	107	103	116	109
Median Price	215	210	211	230	212	225	218	209	180	180	165	150	130	130	130

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Facts and TrendsTM
Published Apr. 2009
Location : Broward County
Average Home Sold Price per SQFT
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson, PA

	1 year	15 months
	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
Avg. Sq. Ft. Price	186	138	-25.8%	196	138	-29.4%

Date	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09
For Sale	33595	33714	33925	33729	33795	33542	33172	32317	32264	31289	30640	29696	28544	28040	26668
Sold	832	943	1181	1285	1327	1416	1362	1343	1335	1392	1141	1567	1274	1308	1654
Pended	1178	1364	1471	1633	1484	1663	1605	1657	1449	1595	1455	1549	1792	2104	2828
Mon of Inv. on Sold	40.4	35.8	28.7	26.2	25.5	23.7	24.4	24.1	24.2	22.5	26.9	19.0	22.4	21.4	16.1
Mon of Inv. on Pended	28.5	24.7	23.1	20.7	22.8	20.2	20.7	19.5	22.3	19.6	21.1	19.2	15.9	13.3	9.4
Avg. Act Price	418	417	413	403	394	388	381	373	367	365	363	361	360	358	360
Avg. Sld Price	316	300	309	312	293	302	282	280	266	248	225	217	186	199	203
Avg. Sq. Ft. Price	195.63	180.44	186.11	187.86	184.8	177.92	169.44	166.03	163.2	154.04	142.74	137.38	126.81	132.17	138.08
Sold/List Diff. %	92	90	90	90	89	91	92	90	92	91	91	89	90	90	90
Days On Market	120	125	121	122	120	115	111	110	109	106	106	107	103	116	109
Median Price	215	210	211	230	212	225	218	209	180	180	165	150	130	130	130

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Facts and TrendsTM
Published Apr. 2009
Location : Broward County
Days on Market & Sold/List Price %
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson, PA

	1 year	15 months
	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
Avg. Days on Market	121	109	-9.9%	120	109	-9.2%
Sold/List Diff. %	90	90	0%	92	90	-2.2%

Date	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09
For Sale	33595	33714	33925	33729	33795	33542	33172	32317	32264	31289	30640	29696	28544	28040	26668
Sold	832	943	1181	1285	1327	1416	1362	1343	1335	1392	1141	1567	1274	1308	1654
Pended	1178	1364	1471	1633	1484	1663	1605	1657	1449	1595	1455	1549	1792	2104	2828
Mon of Inv. on Sold	40.4	35.8	28.7	26.2	25.5	23.7	24.4	24.1	24.2	22.5	26.9	19.0	22.4	21.4	16.1
Mon of Inv. on Pended	28.5	24.7	23.1	20.7	22.8	20.2	20.7	19.5	22.3	19.6	21.1	19.2	15.9	13.3	9.4
Avg. Act Price	418	417	413	403	394	388	381	373	367	365	363	361	360	358	360
Avg. Sld Price	316	300	309	312	293	302	282	280	266	248	225	217	186	199	203
Avg. Sq. Ft. Price	195.63	180.44	186.11	187.86	184.8	177.92	169.44	166.03	163.2	154.04	142.74	137.38	126.81	132.17	138.08
Sold/List Diff. %	92	90	90	90	89	91	92	90	92	91	91	89	90	90	90
Days On Market	120	125	121	122	120	115	111	110	109	106	106	107	103	116	109
Median Price	215	210	211	230	212	225	218	209	180	180	165	150	130	130	130

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Facts and TrendsTM
Published Apr. 2009
Location : Broward County
Avg Price For Sale & Sold
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson, PA

	1 year	15 months
	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
Avg. Active Price	413	360	-12.8%	418	360	-13.9%
Avg. Sold Price	309	203	-13.9%	316	203	-35.8%

Date	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09
For Sale	33595	33714	33925	33729	33795	33542	33172	32317	32264	31289	30640	29696	28544	28040	26668
Sold	832	943	1181	1285	1327	1416	1362	1343	1335	1392	1141	1567	1274	1308	1654
Pended	1178	1364	1471	1633	1484	1663	1605	1657	1449	1595	1455	1549	1792	2104	2828
Mon of Inv. on Sold	40.4	35.8	28.7	26.2	25.5	23.7	24.4	24.1	24.2	22.5	26.9	19.0	22.4	21.4	16.1
Mon of Inv. on Pended	28.5	24.7	23.1	20.7	22.8	20.2	20.7	19.5	22.3	19.6	21.1	19.2	15.9	13.3	9.4
Avg. Act Price	418	417	413	403	394	388	381	373	367	365	363	361	360	358	360
Avg. Sld Price	316	300	309	312	293	302	282	280	266	248	225	217	186	199	203
Avg. Sq. Ft. Price	195.63	180.44	186.11	187.86	184.8	177.92	169.44	166.03	163.2	154.04	142.74	137.38	126.81	132.17	138.08
Sold/List Diff. %	92	90	90	90	89	91	92	90	92	91	91	89	90	90	90
Days On Market	120	125	121	122	120	115	111	110	109	106	106	107	103	116	109
Median Price	215	210	211	230	212	225	218	209	180	180	165	150	130	130	130

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Facts and TrendsTM
Published Apr. 2009
Location : Broward County
Months of Inventory Based on Closed Sales
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson, PA

	1 year	15 months
	Mar 08	Mar 09	% Change	Jan 08	Mar 09	% Change
Months of Inventory (Closed Sales)	28.7	16.1	-43.9%	40.4	16.1	-60.1%

Date	1/08	2/08	3/08	4/08	5/08	6/08	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09
For Sale	33595	33714	33925	33729	33795	33542	33172	32317	32264	31289	30640	29696	28544	28040	26668
Sold	832	943	1181	1285	1327	1416	1362	1343	1335	1392	1141	1567	1274	1308	1654
Pended	1178	1364	1471	1633	1484	1663	1605	1657	1449	1595	1455	1549	1792	2104	2828
Mon of Inv. on Sold	40.4	35.8	28.7	26.2	25.5	23.7	24.4	24.1	24.2	22.5	26.9	19.0	22.4	21.4	16.1
Mon of Inv. on Pended	28.5	24.7	23.1	20.7	22.8	20.2	20.7	19.5	22.3	19.6	21.1	19.2	15.9	13.3	9.4
Avg. Act Price	418	417	413	403	394	388	381	373	367	365	363	361	360	358	360
Avg. Sld Price	316	300	309	312	293	302	282	280	266	248	225	217	186	199	203
Avg. Sq. Ft. Price	195.63	180.44	186.11	187.86	184.8	177.92	169.44	166.03	163.2	154.04	142.74	137.38	126.81	132.17	138.08
Sold/List Diff. %	92	90	90	90	89	91	92	90	92	91	91	89	90	90	90
Days On Market	120	125	121	122	120	115	111	110	109	106	106	107	103	116	109
Median Price	215	210	211	230	212	225	218	209	180	180	165	150	130	130	130

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

AMANDA WILSON, REALTOR--EWM REAL ESTATE--FORT LAUDERDALE, FL

May I make one suggestion--contact your state congressional member of Congress today--Discuss your concerns about the real estate market.

As I read the blog posts from AR, many of us are experiencing the same concerns, the banking institutions, regulations or laws, etc. Last week I placed a phone call to my Congressional Representative--Debbie Wasserman Schultz...in her Washington, DC office. I was instructed to go online and to sschedule a time to discuss my concerns with her, so I did. The next day, I received a call from her assoicate, Vivian. Vivian listened to me while I expressed my concerns with the banking industry and how they are not doing their job. She gave me her direct email address and told me to keep her updated on the issue. In that way, when I read a post on AR regarding solutions or problems with the banking industry, I forward them to Vivivan...afterall, she gave me her email address.

Sometimes we just don't trust our politicans anymore, and I understand! I know--we pay our political action funds to our local real estate association or to NAR...but we cannot always count on someone else doing what is right for us. As realtors, we are the people in the field and have first-hand knowledge of the market.

To find your state Member of Congress, just go to: https://writerep.house.gov/writerep/welcome.shtml.

PLEASE DO THIS AND LET YOUR MEMBER OF CONGRESS KNOW WHERE YOU STAND! TAKE SOME ACTION AND MAYBE, TOGETHER, WE CAN MAKE A BIGGER DIFFERENCE!!

Amanda Wilson--EWM Real Estate--Fort Lauderdale, FL

In 1962, Thomas Kuhn wrote ‘The Structure of Scientific Revolution,' and defined the concept of ‘Paradigm shift.' Kuhn argues that scientific advancement is not evolutionary, but rather is a ‘series of peaceful interludes punctuated by intellectually violet revolutions.' And in those revolutions ‘one conceptual world view is replaced by another.' This may be happening on an international level.

Perhaps on a less significant scale, I believe we are experiencing a paradigm shift. This shift did not just happen, but it is driven by agents of change...for example, look at what's happening in the banking/financial institutions, the real estate market, the global economy-look at what's happening with our newspapers-how we gather our news-our work force, manufacturing jobs-how significant it is that this landscape is changing and changing rapidly. It's all around us-this informational society invites us to rethink, retool, to change.

It all begins in the minds of people. We are experiencing a major change in many thought-patterns. We are quickly or slowly replacing many former ways of thinking or organizing with a radically different way of thinking or organizing-we are even experiencing it with President Obama and his views-things are changing!

As a realtor-on a smaller scale-how have your changed your ways of thinking...Here we are blogging, on twitter, on facebook, working the internet more than any time before. I'm having a mini-paradigm shift mentally--!

What do you think...Is this a paradigm shift?

Amanda Wilson--EWM Real Estate--Fort Lauderdale, FL (954.790.0377)

As we suspected, banks are getting TARP funds--but are not releasing more money and lending is still tight. In today's article of the WALL STREET JOURNAL, of the 21 largest banks receiving troubled asset relief program funds, the Treasury states that credit being offered FELL 2.2% across all lending categories. One bright spot, if any, remained refinancing on home loans--where banks can make extra money on the points charged to homeowners for the refinancing! Our credit markets remain fragile--these banks are getting their money for almost FREE--not lending it and rising their already HIGH credit card interest rates. Even long-time customers, who have never missed a credit card payment, are seeing their interest rates soar to double digits. The banks are becoming loand sharks!!

Don't get me started on what the banks AREN'T doing with their short-sales and the unwarranted time to get these units sold!

The Treasury has committed $95B in TARP funds for new programs to boost consumer and business lending, though many banks are either just getting started or are still in the development phase. The bank's unwillingness to lend are forcing businesses and consumers to curb their spending (which may not be the worst thing that can happen...since we are a consuming society) which risk prolongs the US economic recession. There is a lack of affordable credit--sometimes punishing the good customer for the banks' misktakes. When the banks were given all the TARP money, where were the guidelines, timeframes and policies?

WHEN WILL THEY EVER LEARN!!

Amanda Wilson, EWM--Fort Lauderdale, FL

http://online.wsj.com/article/SB123981607918021761.html

Profound Statements

1. In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a congress.
-- John Adams

2. If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed.
-- Mark Twain

3. Suppose you were an idiot. And suppose you were a member of Congress. But then I repeat myself.
-- Mark Twain

4. I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle
-- Winston Churchill

5. A government which robs Peter to pay Paul can always depend on the support of Paul.
-- George Bernard Shaw

6. A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.
-- G. Gordon Liddy

7. Democracy must be something more than two wolves and a sheep voting on what to have for dinner.
-- James Bovard, Civil Libertarian (1994)

8. Foreign aid might be defined as a transfer of money from poor people in rich countries to rich people in poor countries.
-- Douglas Casey, Classmate of Bill Clinton at Georgetown University

9. Giving money and power to government is like giving whiskey and car keys to teenage boys.
-- P.J. O'Rourke, Civil Libertarian

10. Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.
-- Frederic Bastiat, French Economist (1801-1850)

11.. Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
-- Ronald Reagan (1986)

12. I don't make jokes. I just watch the government and report the facts.
-- Will Rogers

13. If you think health care is expensive now, wait until you see what it costs when it's free!
-- P.J. O'Rourke, Civil Libertarian

14. In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other.
-- Voltaire (1764)

15. Just because you do not take an interest in politics doesn't mean politics won't take an interest in you!
-- Pericles (430 B.C.)

16. No man's life, liberty, or property is safe while the legislature is in session.
-- Mark Twain (1866)

17. Talk is cheap...except when Congress does it.
-- Anonymous

18. The government is like a baby's alimentary canal, with a happy appetite at one end and no responsibility at the other.
-- Ronald Reagan

19. The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery.
-- Winston Churchill

20. The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.
-- Mark Twain (1866)

21. The ultimate result of shielding men from the effects of folly is to fill the world with fools.
-- Herbert Spencer, English Philosopher (1820-1903)

22. There is no distinctly native American criminal class...save Congress.
-- Mark Twain (1866)

23. What this country needs are more unemployed politicians.
-- Edward Langley, Artist (1928-1995)

24. A government big enough to give you everything you want, is strong enough to take everything you have.
-- Thomas Jefferson

A little funny Thursday humor!

Amanda Wilson, EWM--Realtor, Fort Lauderdale, FL