Sunday, November 28, 2010

Thankful Market Stats

Happy Sunday of the Thanksgiving holiday weekend! Not too many of you thinking about Real Estate during the last few days. You'd think the last few weeks you haven't been thinking about it either....based upon the stats of this morning....and my perusal of what's happening in the Santa Clarita Valley and beyond.

But, be thankful that we are still selling homes, that buyers are still buying and that sellers are still selling. As long as homes are transferring ownership, we still survive.

It spite of everything, it remains the American Dream....to own your home.....even now. Albeit that it is more difficult than you would have hoped for, Real Estate long term is still a viable investment.

Today's stats in 'Awesome Town' show that we have 1160 homes, condos and townhouses available for sale.  240 homes were sold in the month of October, only 184 sold so far this month of November. That's okay in my book. Sheesh, it is the 'holiday season'. And, it traditionally slows down this time of year. We are holding to approximately a 5 month supply. The number of homes available and the number of homes closing escrow has been the same for a while now and that's good news! Really, it is!

So, while you are probably getting tired of turkey leftovers, I'm not tired of selling homes. I'm not tired of checking the stats. Not tired of the house selling difficulties. And, I'm very thankful that my buyers and sellers aren't tired of it either.

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