Can you believe that this is the 14th Edition of Real Estate Market Reports Blog Carnival?  The Carnival is a growing series of localized real estate market reports from around the country. As we head towards the holiday season, localized reports seem to indicate similar situations everywhere.

Dave Peeples tells us that one lender reports profits are up even as they acknowledge that their asset base is dropping. Keeping the money flowing with workouts is becoming big business for the mortgage industry lately. These are certainly times of change in the housing industry.

Local Real Estate Data

Donna Bigda presents Jefferson Woods Branford Connecticut Market Report October 2008 posted at Branford Connecticut Real Estate Blog – Donna Bigda RE/MAX Alliance, saying, “From January to October of this year a total of 15 condos have sold in the Jefferson Woods Branford Connecticut condo complex compared to a total of 19 condos that sold during this same period in 2007.”

Lyn Sims presents Bartlett Real Estate Market Conditions – Lyn Sims (847)230-7324 RE/MAX Suburban – BARTLETT IL posted at Blog Dog – Lyn Sims NW Suburban Chicago IL, saying, “Bartlett IL Market – What if 2008 turned out to be the best year to buy real estate?”

Bill Gassett presents Hopkinton Real Estate Market Report October 2008 posted at Metrowest Homes Blog, saying, “In October of 2008 there were 10 homes that closed within the month for Hopkinton Massachusetts. This is a decrease of 1 units as there were 11 homes that closed in October of 2007.”

Lyn Sims presents Elk Grove Village Real Estate – Local Market Update – Lyn Sims (847)230-7324 RE/MAX Suburban – ELK GROVE REALTOR posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “Elk Grove Village IL – What if 2008 turned out to be the best year to buy real estate?”

Gita Bantwal presents Warwick township Bucks County, Real Estate Market Report , October, 2008 posted at Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at ReMax Centre Realtors., saying, “There were 14 homes that settled. The lowest sold price was $190,000 for a townhouse in Stover Mill. The highest price was $615,000 for a single home.”

Lyn Sims presents Schaumburg IL – Market Conditions – Lyn Sims (847)230-7324 – SCHAUMBURG IL REAL ESTATE posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “Real Estate Market Conditions – What if 2008 turned out to be the best year to buy real estate?”

Housing Report

Kathy Torline presents Colorado Springs Homes, September Market Report for Single Family Homes posted at Colorado Springs Vintage Homes Blog, saying, “It’s still a Buyer’s market in Colorado Springs”

Lyn Sims presents Real Estate Blog – Northwest Chicagoland Market Conditions – I’m tired of the media! posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “Northwest Suburbs of Chicago, Schaumburg IL Area Market Report, August 2008″

Chris presents How to find a great house for a good price by asking the right questions (part 1) | Home I Own, Aussie Real Estate Blog posted at Home I Own, saying, “This is part 1 of 2, here is the link to part 2: http://www.homeiown.com/how-to-find-a-great-house-for-a-good-price-by-asking-the-right-questions-part-2″

Joe Manausa presents Tallahassee Home Inventory Trend Continues To Fall posted at Tallahassee Real Estate Blog, saying, “The thirty day Inventory Trend shows us that we are losing more than three homes per day, on average, over the past thirty days in Tallahassee.”

Real Estate Market Report

Michelle Tucker presents Fort Rucker area Market Report :: September 2008 posted at Michelle Tucker, saying, “Wiregrass Real Estate Market Report: includes Enterprise, Daleville, Ozark, New Brockton and the surrounding Fort Rucker Alabama area.”

Lyn Sims presents Roselle IL Homes – Local Market Update – Lyn Sims (847)230-7324 – Roselle Real Estate Agent posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “What to know what is really going on in the Roselle Real Estate Market? What you’ve been getting spoonfed in the media is not how it may appear to be. The ‘Media Talking Heads’ don’t know what they are talking about.”

Dave Peeples presents Open Memo to Lawrence Yun, NAR Chief Economist posted at Dave Peeples, saying, “Lawrence Yun, NAR chief economist, said pending sales have been above year-ago levels for two months in a row. “The month-to-month weakening in pending home sales is understandable, but because the index remains above year-ago levels it means we’re still in a broad period of stabilization,” he said.”

Lyn Sims presents Streamwood IL Homes – Local Market Conditions – Lyn Sims (847)230-7324 – Streamwood Realtor posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “Streamwood IL Real Estate Market Conditions – the real ones! Not the ones the newspapers or media want to tell you. Market prices, etc. discussed.”

Dee Dee Jones presents DeAndrea “Dee Dee”’s Blog posted at , saying, “Info on Real Estate in all Hampton Roads Area Communities.”

Cindy “in Indy” Marchant with Keller Williams in Fishers Indiana presents Indianapolis/Fishers Real Estate » Blog Archive » Fishers Real Estate – Market Report by Quarter through October 31, 2008 posted at Fishers Real Estate.

Dee Dee Jones presents Hampton Roads Foreclosed Properties increase! posted at DeAndrea “Dee Dee”’s Blog, saying, “All about Buying and Selling Real Estate in Hampton Roads Areas.”

Lyn Sims presents Real Estate Blog – Smart Time to Buy in Hoffman Estates or Schaumburg! Lyn Sims (847)230-7324 RE/MAX Suburban posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “Great values to be had in the Schaumburg and Hoffman Estates IL Real Estate Market. Get on board now!”

Other Information

Dave Peeples presents A Glimpse of our Short Sale Future posted at Dave Peeples, saying, “Every successful workout makes the loan cash flow again and avoids substantial losses that the investor would otherwise incur in a foreclosure — loss severity is at an all time high now at 50 percent,” he said, suggesting the loan workouts were a “win-win” for investors and borrowers.”

Lyn Sims presents Home Seller Closing Costs – Lyn Sims (847)230-7324 Schaumburg IL Real Estate – RE/MAX Suburban posted at Lyn Sims – Schaumburg IL Real Estate – Northwest Chicago IL, Illinois Real Estate,, saying, “Seller Closing Costs in a Real Estate Transaction”

Joe Manausa presents Reverse Mortgages Are Tempting To Seniors posted at Tallahassee Real Estate Blog, saying, “It turns out that the reverse mortgage industry is undergoing quite a few changes these days. The purpose of this article is to clarify the benefits of a reverse mortgage, and contrast it with other options that are currently available to homeowners.”

hank presents Dream More, Work Less posted at My Investing Blog.

Joe Manausa presents How To Decide What To Do With Your Upside Down Home posted at Tallahassee Real Estate Blog, saying, “Having purchased a home when the market was booming in 2004 through 2006, many homeowners find themselves “Upside Down,” meaning they owe more money on the home than they can net from its sale.

While many people write blogs on short sales, foreclosures, loan modifications and forbearance, I have yet to come across a model that will allow people in this situation to execute an analysis with the sole function of determining their best solution to an unfavorable situation.”

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.

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Tagged as: home, home inventory, housing report, local real estate, real estate, real estate blog