The Chris & Caleb Team Assessment: “Rollercoaster!! Oooh, ooh, ooh!” In July we saw the closed sales catch up with the sorrowful stats for pending sales. It is very safe to say that we are going through a “Cleansing” of sorts. So while the supply is not dropping, the number of ready, willing and able [...]
Continue reading about Chester County Real Estate Statistics: August 2010
The Chris & Caleb Team Assessment: More of the same, Move up Sellers/Buyers have opportunity… We are pretty optimistic guys, and while the July stats are not “Doom and Gloom”, it definitely ain’t pretty either! Let’s take a look. . . PENDINGS: Pending indicates future closed sales. We at the Chris & Caleb Team refer [...]
Continue reading about Chester County Real Estate Statistics: July 2010
The Chris & Caleb Team Assessment Depending on whether your outlook is the “glass half full or empty”, the stats are either going to excite you or scare you. Let’s discuss what the stats are telling us… PENDINGS: June was another “slow” month. Pendings were down at an extremely low point around the 300 mark. [...]
Continue reading about Chester County Real Estate Statistics: June 2010
The Chris & Caleb Team Assessment: After the marathon that March and April were, we knew we would probably be hearing some crickets in May. And boy did we EVER! PENDINGS: Last month was the worst month on record for pending home sales in Chester County – at least in 10 years, if not 20 [...]
Continue reading about Chester County Real Estate Statistics: May 2010
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Continue reading about (VIDEO) This Month in Real Estate: April 2010
The Chris & Caleb Team Assessment: The tax credit has officially ended!! And good riddance. . . This was a nice gesture by the government to help kick start the market, but it is time to see if the market can stand on its own. That will take another three months while the market flushes [...]
Continue reading about Chester County Real Estate Statistics: April 2010
Chris’s Assessment March ended up being fairly predictable. I had said in last month that the Tax Credit was going to have an affect on sales and it certainly is. If you look at the “DEMAND” chart, you can see that the number of closed sales are up around the 5 year trend line, not [...]
Continue reading about Chester County Real Estate Statistics: March 2010
Chris’s Assessment First, let me point out something that is somewhat obvious… I have changed my charts a bit, hopefully for the better. I’d love your opinion! I changed them to make them simpler. Now what you are looking at is the line for the current year, last year, and then the 5 year trend [...]
Continue reading about Chester County Real Estate Statistics: February 2010
Overview Statistics by School Districts Chris’s Assessment: SELLERS: As noted last month, the inventory has taken a dramatic dive due to the tax credit. This means there is less competition. We are about to enter into the spring market, so inventory will begin to increase again. But, the extended/expanded tax credit will be pushing people [...]
Continue reading about Chester County Real Estate Statistics: January 2010
Chris’s Assessment Supply and Demand are the key indicators for where a market is going. Consequently, those are the numbers I am always keeping an eye on to help me understand exactly what the market is doing. That is also why I name two of the key graphs Supply and Demand. After compiling the latest [...]
Continue reading about Chester County Real Estate Statistics – December 2009
