Thursday, January 15, 2009

Doom n' Gloom, Shmoom n' Gloom.

Well, it looks like 2009 it starting out great in the land of Real Estate. I got a second house under contract today and hoping it's a good start to a great year. Rates are low; prices too. Here's some fun facts if you're interested....With all the doom n gloom in the media I figure a little optimism is overdue....

Keep in mind, these are statistics from our MLS. Each area is different.

In 2008 there were 4,371 houses sold. Yes, this number is a little down from the past five years, but let's look at the big picture, shall we?

2007 = 5,491 houses sold
2006 = 5,951
2005 = 6,177
2004 = 5,736
2003 = 4,946
2002 = 4,208
2001 = 3,863
2000 = 3,655

It looks like to me, we're doing pretty well and even above where we were only six years ago. {Now, again, I'm speaking for our real estate market only. Sure, there are many other issues out there besides this.} Could it be that we're readjusting back to where we were? (and where things should be) Just a little food for thought.

And while I'm at it, here's the top five producing companies in the Tri-County area for 2008:

#5. P' Ballard/Prattville 3.27% market share
#4. P' Ballard/Montgomery 3.62% market share
#3. Alfa 4.31% market share
#2. Metro 4.82% market share
#1. Re/Max of Montgomery with 9.17% market share!

...interesting...

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