We’ve all heard the expression “Numbers don’t lie” . but we also know that they can be used to prove different points of view, depending on the numbers you choose to emphasize and the point you’re trying to make. More than ever, professionals and consumer alike are being barraged by an onslaught of statistics, (we used to call them sadistics), including graphs, trend reports, etc— mostly telling us that inventory is up! prices are falling! sales are down!
But are there regional differences, or are all communities alike? Are there pockets of opportunity for the savvy buyers & sellers?
Using the graph as illustration, showing sales of waterfront condos in Hollywood, in particular those within the 33019 zip code, it is possible to focus on one area’s listing/sale ratios. Looking at the condo market priced between $250 to $600,000, I was surprised to discover that, although the average sales price had been trending down since last July, it had started to move from March/April in an upwards direction.
Does this mean the correction is flattening out, at least for this area, spelling GOOD NEWS for sellers, and a Call for buyers to ACT NOW.
To negotiate these murky market waters, it has never been more important to have the benefit of the expertise of a real estate professional. For further discussion on market data, please feel free to contact me at:
Currently 1 Comment »|
Add this gem of a farmer’s market to all the reasons why you should live near the Hollywood Boardwalk.
For about the last 4 and 1/2 years, Josh has been bringing fruits & veggies so fresh, they can be on your table within 24 hours of having been picked in the field. Organics don’t come any better or fresher, as Josh’s devotees congregate from near and far to sample wares and try juice concoctions made right on the spot, all within steps from the Atlantic Ocean.
Check out my future posts on Hollywood Beach & Boardwalk, and why I think it’s one of the best places in the world to adopt as your ‘hood.
Currently 3 Comments »|
- BUY this 3BR/4 .5 B condo, then
- Buy alot of cocktails and hors d’oevres, and then
- you would have more friends than you thought you already had. But you’d also get the ocean lapping in your ears, a private door to the tennis courts, and A fabulous deal all around for only $1, 180, 000.
Currently Please leave a comment.|