Bill on Marketing

I received many emails this week concerning my rather mild comments that the real estate turnaround will not really happen until banks loosen their purse strings on construction and development lending and we see real and sustained job growth. Most people agreed with me, but a few of you were angry because I was “negative.” Émile Coué was a French psychologist who coined the mantra-like phrase, “Every day, in every way, I’m getting better and better.” Sorry, Émile, it just ain’t so. At least not quite yet.

Sarah 'Krebsy' Adams Keeps Track

The million dollar home market is starting to increase. May showed 71 closed sales out of 2,794 listings. Only two were noted as Short Sales, and 25 (35.2%) were sold in less than 60 days. We are hopeful this is a sign the recovery is beginning to spread to higher prices ranges.

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