Are all of the Forbearances going to cause a market crash similar to what we had in 2008? As of February 14th, The Mortgage Bankers Association has information on this. And it looks like we are in pretty good shape. 84% of people who entered into Forbearance are either out of it or working through […]
Real Estate is going bonzo, so what’s happening locally here in the Real Estate market. Should you buy, should you sell, should you wait, should I stay, or should I go Now? Definitely not a singer. Well, let’s look at what the data is telling us. Hi my name is Eren Millam with Premiere Property […]
It’s a crazy sellers market, So let me ask you a question……….does that mean that we as agents should just sell homes right away and use mediocre outdated marketing techniques? NO NO NO! It can cost you thousands if you make that mistake. So You’re thinking about selling your home, well you’ve got to see […]
The real estate market is booming, there hasn’t been a better time in the history of real estate to sell your home. Right now there is extremely limited inventory. There aren’t enough houses on the market for the amount of buyers that we have that want homes.
In order do know what the future holds, first you need to understand the past. We’re going to look at past history, current trends, and future predictions all under 4 minutes! If you have any more questions or if you’re looking to capitalize on this boom market before it softens, I can be reached here.
Transitioning to Phase 3 of economic re-opening, market trends remain the same. Although Lewis County has fully transitioned to phase 3, the governor has issued a statewide mask requirement. For realtors, the mask requirement hasn’t changed much, but the amount of people we can allow in a showing no longer has a limit as long […]
The month of May marked the limited opening of businesses and loosening of the restrictions of the Coronavirus lockdown. However, the limitations placed on real estate from late March through April were in place for most of May. Just recently, showings were increased from 2 people at a time (real estate broker +1) to 3 […]
Strange times, but excellent for internet memes. Now that we’re into May and gradually coming out of lockdown, I figured it would be a good time to look into the results of that lockdown. As previously reported, many homes went pending daily and new listings were still going up, though not as fast as they […]
Here is the latest chart accurate as of 05.08.2020. We are averaging 5 new listings per day and 9 go pending each day. The number of cancellations have dropped from one per day to one per week. To give you an idea of context, here is last week’s chart: Week to week, pendings are down […]
Last week, we showed a graph of new listings, pendings, and cancelled listings in Lewis County over a period of one week, 3 days, 24 hours, and a daily average. To give some context to these numbers, I thought it would make sense to do it again. This graph is from last week. This graph […]