Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co As I have reported in my last several Monthly Real Estate Reports and blogs, the overall listed inventory of residential properties for sale locally is maintaining a steady and healthy decline toward the equilibrium level of six months, which is a well-balanced condition and considered […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co As I have reported here over the last few months, the overall available inventory of homes has been steadily declining. We currently have just under six months of overall inventory based on the May closings activity, a good sign that the marketplace is maintaining a […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co There has been a plethora of great news reports released regarding first quarter 2011 real estate activity. And, the good tracking continued through the month of April. We currently have just seven months of overall inventory based on the April closings activity, which is consistent […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co Great news to start 2011 – based on recent results provided by the Multiple Listing Service, we have already seen measurable positive indications of the recovery of the real estate market. Signs of falling inventory and transactions picking up are seen virtually throughout the price […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co Though progress in reducing inventory appears somewhat measured in January, do not be alarmed by the seemingly moderate sales performance, as this is very typical after traditionally high activity at year-end. With an aggressive winter affecting many of our feeder markets, the tourism industry projecting […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders &Co We currently have 9 months of overall inventory based on the December closings. Based on the December closings there are 7 months of inventory for properties listed under $500,000 compared with 11 months at the beginning of 2010, between $500,000 to $1,000,000 there is 15 months […]
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