The National Association of REALTORS is holding their national convention this week in Vegas (why don’t I have enough frequent flyer miles and discovered these loyalty programs at Vegasguy.com just few days ago and not earlier??) and I’ve been following the meetings and events fairly closely through Twitter and some live blogging sessions. I even found out that it´s not that expensive to move to Las Vegas if you know the right people. Yes, I’m a techno-geek, I won’t deny it. One of the most recent reports, from Ben Martin:
"5.6 mil homes sold in 2002. Highest ever. 2007 will be 99 percent of 2002′ total."
REALLY?? I don’t discount the fact … the NRVLiving Team will do more business in 2007 than we did in 2006, and this in what’s supposed to be a down market. I’m not tooting our own horn to say look at us – we work hard for those numbers, and I’m proud of them. But if the number of homes sold nationally in 2007 will be 99% of 2002, or 5.544 million homes, then that says to me that the number of people buying homes has actually increased since 2002. If you’re a home seller, isn’t that a good thing?
Am I missing something?
you could be right, Jeff. When you look at sales activity in the New River Valley, the numbers are where they were last year in terms of # of transactions, while prices are actually UP. Good reminder …
I doubt if you’re missing anything. My guess would be you could be giving too much credibility to the media.
It makes sense there’d be more buyers this year because of the spreading belief that it’s time.
What do you think?
I doubt if you’re missing anything. My guess would be you could be giving too much credibility to the media.
It makes sense there’d be more buyers this year because of the spreading belief that it’s time.
What do you think?
you could be right, Jeff. When you look at sales activity in the New River Valley, the numbers are where they were last year in terms of # of transactions, while prices are actually UP. Good reminder …