RMLS Market Action October 2008

RMLS Market Action for October was just released. Nothing really surprising in the broad numbers. Inventory is up to almost 12 months. Accepted, closed and pending sales are down from this time a year ago. Average and Median …

RMLS Market Action September ’08

Things are tough. During our sales meeting today an agent said he has 17 listings. Fifteen of them are short sales. He said that some banks he has worked with have agreed to losses of over six figures; …

RMLS and Photos

We live in an ever increasingly digital age. A picture was worth a thousand words and was as close to the truth as you were likely to get. With mainstream digital photography and photo editing software, a photo …

RMLS Market Action August 2008

August continues the recent declining trend in our market. “The average sale price for August 2008 was down 9.7% compared to August 2007, while the median sale price dropped 6.7%. Month-to-month, the average sale price and median sale …

Changes to RMLS Market Action

In the next few days we should be seeing the August edition of RMLS Market Action. The report is changing: We’ve added a new column to the Residential Market Highlights and the Area Report in Market Action called …

RMLS Reports First Average Price Decline Since 2001

It’s not often that you get three posts on one day but RMLS Market Action for April just hit the streets. The trends are largely what we would expect to see in keeping with Case Shiller and other …

2007 Year End December Market Action

It’s here! RMLS December Market Action. Without further adieu, here’s the punchline: Month-over-month, the average sale price increased 8.3% when comparing the month of December 2007 with that of December 2006 and median sale price increased 1.1%. Surprisingly, …

Pre Market Action

There was a comment of an anonymous post quoting September’s RMLS Market Action but as of now, it is not on RMLSWEB (the agent side of RMLS.com nor have I received it by email. I am sure many …

RMLS Market Action for June 2007

I received my emailed copy of RMLS Action yesterday and don’t really know what to make of it. It looks like the appreciation numbers (8.9%) in the last twelve months are starting to make more sense. The effect …