Naples August 2009 Sales and Trends
2009 Sales Already Surpasses 2008 Total Sales
Train leaving station.....
August Pending Sales
This is an astounding chart and it surprised even me. Remember that traditionally August is a VERY slow month. Last August there was only 386 sales compared with 769 this year. In case you are unaware it is an absolute frenzy right now. We are submitting an average of one contract per day. Buyers are getting off the fence in droves.
Here are a few important facts you should know:
2007 Total Closed Sales - 3911
2008 Total Closed Sales - 4763
2009 Total Closed Sales - 4921 - We still have over 3 months to go!
Total inventory is at a 5 year low at 8000. It was over 10,000 just 12 weeks ago!
The summer is supposed to be SLOW. Just the opposite is true. It is just as busy as it was in season.
So, is this the bottom of the market?
The bottom of the market may have already occurred, it may be now, or it may be later this year. Here is what I am telling other buyers.
Become a VIP - VIP Membership gets you immediate exposure to REOs
Get educated - Check my website for content. For the more serious buyer read my ebook - 7 REO Secrets
Target what you want - Be aware of what communities you like so you don't waste time once it gets listed
Be patient - There are more properties that will be listed. Make sure you are happy with what you buy.
Be Prepared - When something gets listed that you want - JUMP! Believe me, if you don't act somebody else will.
What is the average price of an REO?
At least list price. I am not exaggerating. Feel free to have me prove it to you.
Once you have signed up on the site you will start to receive emails. Specifically, we are emailing a list of Foreclosures every Monday. Our VIP Members receive this EVERY DAY.
I would like to invite you to a two week trial membership of our VIP Program. VIP Membership has no cost. All we ask for is your loyalty.
If you have any questions or would like to get started please call the office or visit the link below.
Tim Ryan
239.963.4070
info@NaplesGuru.com
www.BankOwnedNaples.com
www.eNaplesRealEstate.com
www.NaplesGuru.com
Train leaving station.....
August Pending Sales
This is an astounding chart and it surprised even me. Remember that traditionally August is a VERY slow month. Last August there was only 386 sales compared with 769 this year. In case you are unaware it is an absolute frenzy right now. We are submitting an average of one contract per day. Buyers are getting off the fence in droves.
Here are a few important facts you should know:
2007 Total Closed Sales - 3911
2008 Total Closed Sales - 4763
2009 Total Closed Sales - 4921 - We still have over 3 months to go!
Total inventory is at a 5 year low at 8000. It was over 10,000 just 12 weeks ago!
The summer is supposed to be SLOW. Just the opposite is true. It is just as busy as it was in season.
Here are the two most common questions I am getting:
The bottom of the market may have already occurred, it may be now, or it may be later this year. Here is what I am telling other buyers.
Become a VIP - VIP Membership gets you immediate exposure to REOs
Get educated - Check my website for content. For the more serious buyer read my ebook - 7 REO Secrets
Target what you want - Be aware of what communities you like so you don't waste time once it gets listed
Be patient - There are more properties that will be listed. Make sure you are happy with what you buy.
Be Prepared - When something gets listed that you want - JUMP! Believe me, if you don't act somebody else will.
What is the average price of an REO?
At least list price. I am not exaggerating. Feel free to have me prove it to you.
Once you have signed up on the site you will start to receive emails. Specifically, we are emailing a list of Foreclosures every Monday. Our VIP Members receive this EVERY DAY.
I would like to invite you to a two week trial membership of our VIP Program. VIP Membership has no cost. All we ask for is your loyalty.
If you have any questions or would like to get started please call the office or visit the link below.
Tim Ryan
239.963.4070
info@NaplesGuru.com
www.BankOwnedNaples.com
www.eNaplesRealEstate.com
www.NaplesGuru.com
posted by Tim Ryan at
10:37 AM
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