October Home Sales Down
A report from ReMax shows that homes sales slid 9.8% in October and 30.2% from the prior year. The monthly slide is attributed to the “typical” summer to fall swoon. In fact, only one out of 54 metropolitan areas surveyed increaed. Way to go Burlington VT!!
Our housing market in Maricopa Arizona is quite different than those of most of the country. Though we have a very volatile market due to the huge influx of distressed properties, we usually exprience a surge of buying activity this time of year due to seasonal buyers (snowbirds). Strangely enough, we also have seen a 10% drop in closed sales for our area but The Wizards of Waz had one of our best months ever! We are being inundated with calls from buyers and I have to think that at least some of it is due to strategies that I learned at the RainCamp in Prescott Arizona back in August.
I am off to the Caribbean tonight for an 11 day cruise. This is an annual retreat for us this time of year. It is the only time that we can justify an extended absence from our business and it allows us to re-energize and business plan for the upcoming year. I expect a lot of great things for 2011 and hope all of you RainMakers willexperience the same thing!
Happy Holdays to all!
