When marketing anything it is important to know where the consumers are shopping. Open houses has been the traditional form of marketing homes in the real estate industry, however with information being so readily available to consumers via the web or television, the focus of marketing in real estate has shifted, drastically. According the 2008 [...]
Posts tagged as:
Sales Data
How far are home buyers moving?
by Jaime
Note to home sellers: there’s a high probability that the buyer for your home currently resides within a 12 mile radius of your current address. According to the National Association of Realtor’s 2008 Profile of Home Buyer and Sellers, home buyers moved a median of 12 miles (national average) from their previous residence. Extra note [...]
How far are you likely to move?
by Jaime
According to the 2008 Profile of Home Buyers and Sellers realeased by the National Association of Realtors (NAR), there’s a direct relationship between age and the distance sellers move to their new home. Apparently, NAR finds that younger people don’t like to move too far away from their last home. Sellers 44 years old or [...]
As expected, home sales are down again in the second quarter of 2009 in Westchester County compared to same quarter last year–aproximately 31%. However, second quarter sales were up to 1227 from the first quarter’s dismal total of 850 total units sold. We would like this trend to continue for a couple of quarters in [...]
DYK: Did you ever wonder how many homes sell every year nationally and in Westchester County?
by Jaime
Did you ever wonder how many homes sell every year in the united states? Well, I do, especially in Westchester. Year US Supply (mon) Westchester Supply (mon) 2006 6,478,000 6.5 9,167 7.5 2007 5,652,000 8.9 9,022 6.2 2008 4,913,000 [...]
Yes, CNN and MSNBC are practically reporting a doomsday looming around the corner. But when have you known good news to actually be attractive and sexy? Bad news gets attention and good news is dismissed. But you have to beware of what you take in from the media, especially about real estate. Real estate is [...]
DYK: Westchester Median Home Price
by Jaime
According to NAR, in the last 4th quarter of 2008 the national median sales price fell to $180,100. Westchester County was $570,000. More than 3 times the national average. This number is actually down 10.9% from 2007 when it was $640,000.
