"How is the real estate market doing?" This is the most popular question asked when I'm out and about and the public notices my Coldwell Banker name badge. Following this is "How's business?".
I'm going to address the former in this posting and will continue to do so each week. The latter? Well, let's just say one can do as well as they would like with hard work coupled with creative thinking...whether the market is up or down.
Let's take a look at the graph below, shall we?
For Orange County, as you can see, the number of homes that have been marketed for sale on the MLS has decreased by almost 16%. However, interestingly, the number of homes sold has increased by over 28%! Further, 12 months ago in June 2009, only 13.2% of the listed homes sold while a whopping 20% of the homes listed in June 2010 are selling. Not too shabby, huh?!
If you would like a free report similar to this sent to you monthly, please e-mail me with your county or even zip code.
