Call us at 810-229-7000 or check out our main page at The Buckley Jolley Real Estate Team

Saturday, July 14, 2007

Market Update for Our Sellers

Karen & Todd send our sellers an update on market conditions every two weeks. Here is an excerpt of that e-mail.

I’m hoping the rest of July is consistent with the activity Buckley Jolley has had since the first day of July. We had a flurry of showings, 5 seller listings went under contract, and 4 of our buyers had accepted purchase agreements. That’s a total of 9 sales in 12 days! One thing I found over the years is that my gut is right about sales spurts and it’s telling me that we’re in one.

I know I sound like a broken record, but Buckley Jolley continues to out perform the market. Our number of sales Jan-June ’07 were up 18% compared with the same time in ’06. The entire market, however, is down 14% for # of sales and 22% for sales volume. Also, 6% more homes have been listed YTD in ’07 vs. ’06.

Translation? More homes for sale + less buyers = challenging market, but not impossible. 825 Livingston County residents sold their properties in the first six months of this year. We want you to be part of those statistics next time around. Remember: Price > Value > Buyer Interest > Showings > 2nd Showings > Purchase Agreements > Accepted Purchase Agreements > SOLD!

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