Professional Documents
Culture Documents
Statistics are
All Listings— like bikinis.
What they
reveal is
suggestive, but
what they
conceal is
vital. ~Aaron
Levenstein
Actives DOM Median
1790 122 $439,000
CTS:
841 129 $299,000
Pending
158 82 $315,000
Sold
358/425 ‘09 107/95 $315,000/$345,000
‐25%! ‐9.2%
All Below this point
categories the above
segmented out
to
REO,SS,Normal
REO:
Actives: DOM Median
243 55 $270,750
CTS:
129 65 $254,900
Pending:
55 65 $245,000
Sold:
97/126 ‘09 – 64/50 $265,000/276,000
Off ‐24%!!
Short
Sales:
Actives: DOM Median
332 121 $285,000
CTS:
501 156 $289,000
Pending:
40 77 $292,000
Sold:
71/89 ‘09 177/180 $295,000/$281,500
For all “Sold” categories I’ve
[Type sidebar content. A
also included the
sidebar is a standalone
price/DOM/Median for the
supplement to the main
previous year 2009. DOM= Days
document. It is often
on Market. Remember, the
Non REO/ShortSales /Foreclosure or
REO,Short‐Sale, Normie
aligned on the left or “Normies”!!
categories are NOT in addition to
right of the page, or Actives: DOM Median
but are segmented out from the
1210 137 $579,000
located at the top or
“All Listings” first category.
CTS:
bottom. Use the Text Box 208 106 $399,000
Sales fell like a stone from the
Tools tab to change the
month before as the Consumer Pending:
formatting of the sidebar
Confidence Index is VERY 59 102 $489,000
stubborn and the news of the
text box.] Sold:
foreclosure mess carpet bombed 188/258 ‘09 103/89 $395,000/412,495
most of those consumers Sales ‐27%!! Median ‐4%
thinking of buying an REO or
Short‐Sale. 25% DROP from Sept Sold Properties Oct 09 to Oct 10
to October rivals the big drop
after all the Fed/State 1st time
homebuyer stimulus dried up.
Interest rates remain at “dirt‐
cheap” levels but these are NOT
enticing home buyers to the
marketplace. Prices are still VERY
affordable with all Affordability
Price Indexes registered BIG
TIME affordability!
Short‐sales still NOT rocking.
The Big “HAFA” (Housing
Affordability Foreclosure
Alternative) program is NOT
becoming the Short‐Sale game
changer we all thought it would
become. Realtors are running
about getting HAFA Certified but
for what? Short‐sales for October
one of the lowest months ever.
Short‐Sales still account for
60% of ALL the Continue to
Shows of 841. They go in and
take FOREVER to get out if they
EVER get out! DOM for short‐
Sales back up to 6 months!