Thursday, December 28, 2006

3870 Listings on the Eastern Monmouth MLS

Last week the count was 4006.

I predict listings will resume an upward trajectory about the third week of January. After all, the Spring selling season begins right after the Super Bowl if you ask a REALTOR®.

3 Comments:

Blogger I Love Broadband over PowerLine said...

From MSNBC.com

Vote: Is worst over for housing?

Make your opinion heard !!!

Friday, December 29, 2006 2:11:00 AM  
Blogger I Love Broadband over PowerLine said...

Man Paid $874,890 in November 2005. House now worth $639,990 a year later. Ouch.

"By the time construction ended in July, Quintero's Milestone Way home wasn't worth the $874,890 he was contractually obligated to pay. Now the same model — a new home on nearby Tapestry Way — is priced at $639,990.

"It's really tough to swallow that we paid 37 percent more than what our home is worth now," Quintero said. "We got caught."

He wasn't the only homeowner burned by buying at the top of the market. Potentially, thousands of Northern San Joaquin Valley homes bought within the past 18 months may be worth less than their purchase price, according to county assessors."

From

Housing panic

Make your opinion heard !!!

Friday, December 29, 2006 2:16:00 AM  
Blogger Mr Pyane said...

I'm just glad San Joaquin Valley is not the Jersey shore (this is the jersey shore RE blog isn't it?)

Friday, December 29, 2006 4:00:00 PM  

Post a Comment

<< Home