Thread: How is your market?

From the the newpapers & tv I hear about the slumping market. I'm sure some areas are doing really well. I'm curious to hear about some areas that are doing well. Please share.

i feel its a little slow here but can't complain.

East TN : Flat but picking up for season...

Not a lot of change here. Number of houses selling is about the same, though there are more on the market than last year so prices are the same to only slightly higher in general (certainly no significant drops). But then in our area we didn't have the huge increases some areas saw in the past several years.

-Tim

We are based on the Costa Blanca south Spain, and there has been a massive rise in sales this year for our companies.

Online our sales have risen 35% upon last year which is pleasing, the amount of walk in trade has also gone up and compared to last year if sales keep going as they have we could be looking at the best year for 3 years.

I think that Spain is rising up again after bad press and rising house prices, we have seen a steady fall in some areas for pricing which is also great for us and potential buyers.

The United Kingdom is well and truly slowing down. There is talk of a Interest rate hike, so fixed rate remortgages will be popular and that's one way to keep the market afloat. But first time buyers!! Forget it, prices too high and low incomes. The Lenders are offering 6 times joint salary. So we know they are desperate to lend.

Cape Verde is really hot right now. There are far more inquiries and inspection trips being booked than even the biggest agencies can handle.

Predicitions that values could rise as much as 70% in 24 months have fuelled a lot of money and interest both by developers for new upcoming projects and individual investors.

Things are beginning to pick up. Of course, part of the reason is the season. But it appears to me that people are out there looking for a deal and when a place has been priced right, multiple offers come in just like they used to. The only difference is the prices aren't as inflated.

Atlanta - It depends. Condos are flooded. Luxury homes - also flooded. Single family homes under $750,000 it's more or less a sellers market to balanced market in most areas of the city.

Things in coastal NC are OK... Certainly down from our run in '05 but still moving along. We were ranked as the Top 10 city to buy now (#7 of 10) by Money magazine in November so we are still on the radar screen for a lot of people. When you price it right, it will sell!