Those of you who read my posts are probably wondering about Mr. De Pury's comments below. Let me assure you that his accusations are patently false and I have asked him to remove his comments from this blog as they have nothing to do with the content of this posting.
I will also be shutting down this string to further comments by removing my question, but before I do, let me restate the results of our January Residential Real Estate Report for interested agents, buyers and sellers.
For the resale marketplace in the Tri-County Area:
- Total sales were down 37% from December
- Average sales prices were down 5.8%
- Buyer negotiation power increased 7.6%
- Average days to sale increased 1.5%
- Percent of sales to listings dropped 40%
- Total listings increased 2.7%
- Continuous days on the market increased 1.6%
- Total new listings increased 37.5%
- Average list price per square foot of new listings rose 0.6%.
January was a rough month in the resale market. But we have heard that it was considerably better for new construction.
For all the details, go to
http:// www.HomeEncounter.com/learn.php and click on the link to the January 2008 Residentail Real Estate Report.
- Sat Feb 16 2008, 14:26