"You don't know what you've got 'til it's gone." – Cinderella, 1980s power-balladeers
This week's quote-of-note applies to the current situation of available
inventory in the Twin Cities housing market. Our disappearing
supply—down 21.4 percent from this time last year—is being caused
by absorption from strong pending sales activity (up 18.2 percent year-
over-year for the week ending July 18) and weak new listings (down
12.1 percent for the same time period comparison). Click here for full version of stats ending 7/19/09. Exciting stats!
With a consistently shrinking inventory and more buyers this summer
than we've seen since 2005, buyers who lack urgency could find
themselves singing along to that sad classic Cinderella song.
Meaning: Contact me today so you don't miss out~
Something to consider: Whether you are in the market or not. It is in everyone's best interest to use a REALTOR that has experience and expertise. Would you let a friend or relative work with just anyone? Refer them to me. I will take care of them and make sure they are protected, and get the best deal possible.
inventory in the Twin Cities housing market. Our disappearing
supply—down 21.4 percent from this time last year—is being caused
by absorption from strong pending sales activity (up 18.2 percent year-
over-year for the week ending July 18) and weak new listings (down
12.1 percent for the same time period comparison). Click here for full version of stats ending 7/19/09. Exciting stats!
With a consistently shrinking inventory and more buyers this summer
than we've seen since 2005, buyers who lack urgency could find
themselves singing along to that sad classic Cinderella song.
Meaning: Contact me today so you don't miss out~
Something to consider: Whether you are in the market or not. It is in everyone's best interest to use a REALTOR that has experience and expertise. Would you let a friend or relative work with just anyone? Refer them to me. I will take care of them and make sure they are protected, and get the best deal possible.
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