Sunday, January 07, 2007

New Year-New Beginning?

Almost a month since last entry and I suppose a good blogger makes entries even when there is nothing to say, but why? December is characteristically a nothing month in real estate and last year was no exception. Simply very little to excite comment. Now however things are starting to pop. Our web site traffic is up, the leads coming in from other web site sources are up dramatically, our showing activity is way up, and our listing activity, at realistic prices, is also up. All this is no surprise to me. Interest rates continue to be favorable, inventory of single family residences in greater Chico is still good, right at 400, up about three times from two year ago figures, but down from the peak of about 600 just a few months ago. Most, but not all, of the overpriced speculative offerings have been removed from the market. Gas prices are low and going lower still, employment is high. Should have mentioned above that our mortgage business is also up, refi and purchase business both. Our Orland office is really surging, is it ok to use that word or has it been preempted by Bush? Chico maybe would be but we are seriously under-staffed in that office. If you know of a high ethic licensee who would like to make money and have fun doing it have them call. Our agents list and sell and also originate mortgages, both residential and commercial. Genuinely serve the real estate community. In mortgage origination we're an actual mortgage broker, not simply entering applications in some web site designed to funnel commissions to a real estate broker. We're uniquely positioned to provide the highest level of service to our clients while offering them fair pricing in everything we do. End of sales pitch.
This blog is ending with the same note as previous blogs. If you are in the market for a home, circumstances could not be more favorable for you. If you wish or need to sell your home, price it realistically and it will sell fairly quickly. The buyers are stirring.
Thanks for visiting.

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