From the monthly archives:

August 2008

Market Statistics as of August 24th, 2008

by Jon Griffith August 25, 2008

As of now, we have a total of 43,705 single family detached homes on the market.  Our total number of residential listings is at 52,542.  A total of 1053 properties sold between August 18th and August 24th 2008, which was down from the 1200 that sold the previous week. The average asking price for this [...]

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Will We Hit 2003 Pricing?

by Jon Griffith August 23, 2008

It’s hard to say whether or not our market is continuing to correct. I have updated my Market Statistics page this evening and as you can see from the graph below, we are at 2004 pricing. Draw a line from 2001 to our current average sales price today and you’ll see that we’re where we [...]

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Why You Shouldn’t Wait Until It’s Perfect

by Jon Griffith August 21, 2008

Every day I have the opportunity to meet people, to present my ideas, and to be successful.  Every day I also have the opportunity to fall victim to what many of us do when we have a vision for something great.  We wait for perfection.  A perfect website, a perfect presentation, a perfect, a perfect, [...]

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Interpreting Statistics: Sold Price vs. Asking Price

by Jon Griffith August 20, 2008

Statistics help us know what happened so we might prepare for what could happen based on the patterns we’ve observed.  It is very easy to manipulate statistics to show results that will help us gain your trust and confidence.  One of the statistics that I’ve been looking at in the Valley is the percentage of [...]

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Market Update as of August 18th

by Jon Griffith August 18, 2008

As of the beginning of the week we had a total of 54,674 homes for sale, including all residential property types. By the end of the day on Sunday, our levels had dropped 1.6% to 53,767. The average asking price at the beginning of the week was $408,161 which increased less than one percent. Average [...]

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