Welcome to the September 7, 2008 edition of real estate market reports. This is the first time that the Real Estate Market Reports Blog Carnival has been posted on the Really Better Real Estate Web Site so we reached out for as many top real estate bloggers as we could find.
This week’s edition has authors from Florida, North Carolina, Virginia, Massachusetts, Louisiana, California and even Dubai. If you don’t think real estate is local in nature, then read each of these posts and discover how each market has its own local influencers and is not solely related to the national economy.
Housing Report
Ricardo Cortez presents 3 reasons we may be at a bottom posted at Ricardo ’s Blog, saying, “we may not be here yet, but I will venture to say we are close”
Charles McDonald presents Greene County Virginia Home Information - (YTD Sept 5,2008) posted at Charlottesville Real Estate Blog - Charles McDonald, saying, “Greene County is just North of Charlottesville and offers beautiful properties at great prices. I recently compared the cost of new construction from Greene to Albemarle and was shocked at the difference (my clients are made aware of these comparisons).”
Sherri Sherpy presents FIRST TIME HOMEBUYERS…What You Need To Know posted at Sherri ’s Blog.
Dave Peeples presents Do Short Sales Cause Prices to Drop? posted at Dave Peeples, saying, “Miami and Las Vegas lead the list of America’s most challenging real estate markets. These two cities climbed the most during the boom, and are falling the hardest during the bust. The graph to the right shows the Case Shiller Home Price Indices for July 2008.”
Susie Blackmon presents Haywood County, NC - WAYNESVILLE Market Report - 08/31/08. posted at HaywoodCounty, NC Real Estate Information-Maggie Valley, Waynesville, Canton, Clyde, Lake Junaluska, saying, “when you have an Average Selling Price for August of $200,767, and the Average Listing Price of Waynesville’s active listings as of today’s date of $411,457, it is apparent there are STILL overpriced homes on the market”
Local Real Estate Data
Bill Gassett presents Hopkinton Real Estate & Homes Market Report August 2008 posted at Metrowest Homes Blog, saying, “In comparing year over year longer term data for Hopkinton Massachusetts, it appears that there is still a downward trend in the average sale price for homes. The average days on the market has remained fairly stable for the same period in Hopkinton Massachusetts. The amount of sales is down quite a bit year over year.”
Troy Jowers presents New Orleans, Louisiana: Exciting Commercial Projects in the Big Easy posted at NOLA’s Best Damn Realtors, saying, “many folks still don’t understand that we are not just recovering, but exceeding pre-Katrina conditions on many fronts, and that millions and millions of dollars are pouring into our market.”
Joe Manausa presents What Buyers Should Discover: Gadsden County Florida posted at Real Estate Market Reports, saying, “Gadsden County Florida is located to the Northwest of Leon County, Florida and is a bedroom community of the Tallahassee real estate market. Home values are much lower than you will find in Tallahassee, thus creating an environment that allows for a lot of home for the money.”
David Tipton presents Apollo Beach, FL- 12 Best Home Buys Above $500k posted at Big Dog Real Estate Blog, saying, “there are currently 315 homes for sale in the Apollo Beach Area between $199,000. And $4,500,000. Some are foreclosures, and some are regular homes for sale.”
Charlie Ragonesi presents Jasper Georgia The first Mountain City posted at Charlie Ragonesi Big Canoe Realestate’s Blog, saying, “We call Jasper the First Mountain city as it is at the base of the Appalachian mountains. This is small town America. It is only 50 miles from Atlanta and there is beauty, tradition, and a cosmopolitan flavor to it all”
Real Estate Market Report
Bill Gassett presents Ashland Real Estate & Homes Market Report August 2008 posted at Metrowest Homes Blog, saying, “The Ashland Massachusetts Real Estate market report for Ashland and other surrounding Metrowest communities for the month of August.”
Bob Schwartz presents Jumbo Financing and the Impact on The San Diego Real Estate Market posted at San Diego real estate, saying, “Many people have seen the new housing bill and seen the number $625,000 thrown around and (in my opinion) wrongfully assuming that the new loan limit will be $625,000. However, the language of the bill indicates that the $625,000 is a new MAXIMUM and that a NEW CALCULATION will be done.”
markcijo presents Blogger: Dubai: The hot spot of Offshore Investment - Post a Comment posted at Comments on Dubai: The hot spot of Offshore Investment: Dubai: The hot spot of Offshore Investment.
Joe Manausa presents Bedroom Communities Fall Hard - Great Values? posted at Tallahassee Real Estate Blog, saying, “Gadsden County is in worse shape than Leon County, with the overall supply of homes up to 15.7 months (meaning if no other home comes on the market, there is enough current supply for the next year and four months!).”
Debe Maxwell presents Charlotte NC DILWORTH Market Report 09/01/2008 posted at Charlotte NC Real Estate by Debe Maxwell, REALTOR�, saying, “Dilworth, one of Charlotte’s most historic neighborhoods, boasts tree-lined streets fronting gorgeous, architecturally designed front-porch homes, quaint little shops and restaurants.”
That concludes this edition. Submit your blog article to the next edition of real estate market reports using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
Technorati tags: real estate market reports, blog carnival.
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Rebecca 09.07.08 at 12:33 pm
Real Estate is Real Estate right? Wrong! Manufactured homes on land provide another thing all together. Sometimes it’s land, owned by someone and the mobile / manufactured home being owned by the actual residents. This is a big problem for financing of any kind because most states don’t see this as real property.
In Florida, our DMV makes the home the personal property of the resident and NOT real property at all. To finance this home, the residents would need a Chattel or personal property loan. For mor information, go to http://www.bojacy.com
Jo Soss 09.07.08 at 12:45 pm
Joe,
These are some amazing articles! I hope to have you another this week. I have been a little slow getting my figures together.
I love seeing how others prepare reports and I love being able to see what other areas of the country are doing!
Joe Manausa 09.07.08 at 1:12 pm
Thanks Jo, me too. It really helps me organize what I want to do in the Tallahassee real estate market when I get to see reports from all over the country.
Hopkinton Real Estate 09.07.08 at 6:26 pm
Joe thanks for including my post in your local Real Estate data and market report.
Joe Manausa 09.07.08 at 7:30 pm
You’re welcome Bill. You provide great information for your market area.
Joe Manausa 09.07.08 at 7:31 pm
Rebecca,
Does comment spam work well for you? Why not try submitting a blog article in the next edition and see if that works better. I cannot imagine that people are going around clicking on garbage links in the comments (but then again, what do I know)???