May 2010 - Posts
We're on schedule to have the lowest number of May single family home sales since the beginning of the new millenium. For the period May 1 - 25, there are 1033 sales. The next closest was 2008 with 1056. The highest was 2006 with 1627. New listings
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Stats to Obsess Over 2010 compared to the historic average(9 yrs): For single family homes Sales (A) New listings (B) Crash Index A-B May 1 – 14 -16% +20% -36 Apr -19% +25% -44 March -14% +20% -34 Feb -24% +3% -27 Jan -29% -15% -14 Crash Index:
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All you armchair housing experts... Take a look at this new listing in Inglewood. It's priced at $399,900. How much do you think it will ultimately sell for, and how long will it take? http://www.realtor.ca/PropertyDetails.aspx?PropertyID=9471867
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A friend or acquaintance approaches you with a "deal too good to be true." Offering you $8,000 simply to sign your name to some mortgage documents, and reassuring you that they will "take care of everything." As we now know, you end
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