Showing posts with label Consumer Confindence in the real estate market. Show all posts
Showing posts with label Consumer Confindence in the real estate market. Show all posts

Wednesday, October 15, 2008

Fuzzy Facts make for Fuzzy thoughts.


Last week I wrote " Bail Out or Bust" referencing the statistics for one of my listings on Realtor.com. I copied the chart from realtor .com on Monday of last week. Today Wednesday I am copying the latest chart...Do you see what I see???...How is anyone suppose to know what is happening in today's market when even your own organization seems to have a major problem with the accuracy and reliability of its data...Back to the horse and buggy...



Monday, October 6, 2008

Bail Out or Bust




Real Estate sales are dependent on consumer confidence..The bail out passing was said to boost consumers interest in the market place instilling confidence that money would be available to lend( btw... all of my clients and any realtor that I have talked to in the last month have had no problem securing loans for their clients), as part of an experiment I'm posting these stats..they are of a property that I have listed in The Victorian Village area, a market place in Greater Columbus that is thought to have not felt the market pressures as much as other areas due to its proximity to the downtown , the university and of course a plethora of great restaurants and clubs. Please view the stats from Realtor dot com week ending 10/05 total 53 and then look at the highest views week ending 08/03 that total 446...stay tuned for next weeks stats...and we will see if its Bail Out or Bust... JP