Springfield Missouri Real Estate News
Welcome to Greene and Christian County, Missouri!!
My real estate business has been sluggish the past few weeks. I read articles every day on how to cope in a slowing market. A few tips are: Reduce advertising spending, call past clients more frequently, get out in front of more people to meet the fewer buyers, and build a sphere of influence. Working on each of these goals on a daily basis may not seem successful, but it works. Here's a great article I received this week.
Alan Greenspan was in the news a few weeks ago saying the current economic downturn was "likely temporary." Greenspan also noted the worst of the housing market slump is likely past us.
During a Q&A session at the annual Charles Schwab Impact conference in Washington, DC Mr. Greenspan stated, "The economy is obviously going through a significant slowing period, which as best I can tell is more than Likely temporary. And while the housing market is not out of the woods yet, the current slump may not worsen."
Savvy investors will take this to mean that this could point to a good buying opportunity for homes right now!
Happy House Hunting!
Thursday, November 30, 2006
Monday, November 06, 2006
Springfield Missouri Real Estate News
Welcome to Greene and Christian County, Missouri!!
The Springfield Multiple Listing System includes the following cities in and around Springfield: Republic, Nixa, Ozark, Rogersville, Highlandville, Spokane, Strafford, Clever, , Mansfield, Battlefield, Seymour, Fordland, Willard, Ava, Billings, Marionville and many more.
Homes in Springfield and surrounding cities are still selling well. Statistics show:
October 2005, in Christian County, 152 homes sold, average sold price of $153,534, with a market time of 58 days. In October 2006, 100 homes sold, average sold price of $177,382, with a market time of 69 days.
In Greene County, in October 2005, 424 homes sold, average sold price of $140,330, with a market time of 48 days. In October 2006, 367 homes sold, average sold price of $131,565, with a market time of 54 days.
The declines in prices served to underscore the severity of the correction in the once-booming housing market, which had seen sales of both new and existing homes soar to record levels for five consecutive years, propelled by the lowest mortgage rates in more than four decades.
Now is the best time to buy a home. I've seen time buyers had little to choose from. Today, there is an abundant supply of homes to choose. Buyer's are being more selective and making great buys.
Happy House Hunting!
Welcome to Greene and Christian County, Missouri!!
The Springfield Multiple Listing System includes the following cities in and around Springfield: Republic, Nixa, Ozark, Rogersville, Highlandville, Spokane, Strafford, Clever, , Mansfield, Battlefield, Seymour, Fordland, Willard, Ava, Billings, Marionville and many more.
Homes in Springfield and surrounding cities are still selling well. Statistics show:
October 2005, in Christian County, 152 homes sold, average sold price of $153,534, with a market time of 58 days. In October 2006, 100 homes sold, average sold price of $177,382, with a market time of 69 days.
In Greene County, in October 2005, 424 homes sold, average sold price of $140,330, with a market time of 48 days. In October 2006, 367 homes sold, average sold price of $131,565, with a market time of 54 days.
The declines in prices served to underscore the severity of the correction in the once-booming housing market, which had seen sales of both new and existing homes soar to record levels for five consecutive years, propelled by the lowest mortgage rates in more than four decades.
Now is the best time to buy a home. I've seen time buyers had little to choose from. Today, there is an abundant supply of homes to choose. Buyer's are being more selective and making great buys.
Happy House Hunting!
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