I decided that I would post a current list of what my team has for sale. If you’re further interested in homes for sale in Circleville and Pickaway county, visit my website for more information : www.RealEstateCircleville.com
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Everything you wanted to know about Circleville, and a few things you didn’t.
I decided that I would post a current list of what my team has for sale. If you’re further interested in homes for sale in Circleville and Pickaway county, visit my website for more information : www.RealEstateCircleville.com
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I’ve been keeping track of the total numbers of real estate agents that have been leaving the industry as well as how many are entering.
There has been a MASSIVE drop in new agents in the Columbus board of Realtors, compared to last year, the numbers could easily be HALF of what they were last year, which was a drop from 2006. Now, the numbers do not include people who have left from the licensed years, as they are still “On the books” when it comes to Columbus Board of Realtors membership. It also doesn’t take into factor those that will join the board even after being licensed for years and then joining.
Total Number of Applicants - Year
1179 - 2004
1131 - 2005
888 - 2006
620 - 2007
110 - 2008
If you take the daily rate of membership (0.733) and multiply it by total days in the year, you get a total estimate of about 269 agents to join the board. This is a pretty good drop from 2006 , which was then a great drop from 2005.
I for one am not upset by the reduction of agents entering the field. Sure, it means more money for me as long as the market doesn’t crash, which I do not expect it to do at all.
This year I’ve been greatly saddened by the total LACK of knowledge from full time and part time agents in the field. Agents need to really up their game, there are more than just agents competing against our business. Large websites are starting to take some of our business, and this needs to be addressed.
Total breakdown of market activity over the past 30 days….
If we take the numbers of New + Back on Market, and Subtract them from the total number of Under contract + Contingent + Expired + Withdrawn.
We end up with a total volume surplus of 18 homes. This number isn’t too bad at all.
Well, I figured that I would post what I deem a nearly complete list of every single REO and BPO company out there, this is much more complete than one of my more previous posts.
I’m near certain this is going to be quite close to those lists on ebay and such that offer complete lists, if any of these links do not work, email or post a comment and I will remove/moderate them.
Harbor Asset Management
harborams.com
M.D. Webb & Associates, Inc.
www.mdwebbinc.com
MGIC
www.mgic.com
Evaluation Solution
Evalonline.com
REO Corporation
www.remusa.com
Trinity Valuation
www.trinityvaluation.com
Evaluate USA
evaluateusa.com
GO BPO
www.gobpo.com
Premier Asset Services
www.access.pasreo.com
Land America
www.ladsvalues.landam.com
Corporate Valuation Services Inc.
www.provalu.com
Pro Teck
wwww.pro-teck.com
REO World
www.reoworld.com
Nationwide BPO’s
www.reonationwide.com
BPO’s online
www.bposonline.com
Goodman Dean Corporate Real Estate Services
goodmandean.com
i Mortgage Services
imortgageservices.com
REO Network
www.reonetwork.com
AVM Asset Valuation & Marketing
www.assetval.com
REO Illinois
www.reoillionois.com
AVM Asset Valuation & Marketing
AVM’s real estate / mortgage
assetval.com
e Mortgage logic
www.emortgagelogic.com
HomEq Servicing
homeq.com
Rels
www.evalueit.com
W-M Realty Services
www.w-mgroup.com
Clear Capital
www.ClearCapital.com
REO 4 U
Default, Pre-Foreclosure, Foreclosure, & Disposition of Non-Performing Assets.
www.reo4u.com
Corporate Realty Services
Real Estate Services
stlreo.com
Single Source Property Solutions
www.singlesourceproperty.com
BPO Direct
www.bpodirect.com
Finiti
brokerweb.finiti.info
Light House Real Estate Solutions
www.irescorp.com
Centurion Asset Management
www.centurionam.com
MCB
www.mcbreo.com
Fiserv Lending Solutions
fiservlendingsolutions.com
America’s info Mart
quickbpo.com
National Asset Management Group
www.namg.com
Premiere Real Estate Services
www.premierebpo.com
Integrated Asset Services
www.iasreo.com
Financial Asset Services, Inc.
www.fasinc.com
Valuation Edge
valuationedge.com
Advantage Valutation
www.advantagevaluation.com
Safeguard Properties
bpo.safeguardassetmanagement.com
REM Corporation
www.remusa.com
First American Residential Value
farvv.com
Appraisal Bank
www.appraisalbank.org
Well, we’re nearing the close of yet another month in the 2008 sales year.
I continue to be amazed at what’s going on in our market.
Sales continue to be average to slightly less than average as compared to 2007 (Which was slightly less than 2006).
While sales are slightly slower, the inventory CONTINUES to drop , this is one of the first times this has EVER happened in the market.
I have pulled a historic graph over the past 1 year+ along with inventory
As you can tell, the first 3 months in 2008 have seen a reduction overall in inventory, and total inventory supply VS past months comparatively.
I have further searched the MLS and found the current statistics for April, and this trend very much continues.
Based on CURRENT MLS Statistics, this month, there have been :
| New Listings | 64 |
| Back on Market | 15 |
| Contingent - Escape | 2 |
| Contingent - Fin/Ins | 14 |
| Expired | 16 |
| Price Changes | 47 |
| Sold | 42 |
| Sold Non-MLS | 0 |
| Temp. Off Market | 0 |
| Under Contract | 30 |
| Withdrawn | 14 |
If you Add the New properties and re-introduced properties, you end up with 79 listings.
If you figure the total number of properties that are no longer on the market (Withdrawn+UC+Expired/Contingent) You end up with a total of 76 properties that are no longer on the market.
This is a total net gain of 3 homes (Or less than 1%) to the current inventory. Last year there was a total gain of 9 properties.
It’s quite interesting to see what the market is doing in the middle of a energy/housing crunch.
If you determine a daily average and comparison , we SHOULD end the month with total sales of 50 homes, which would be a increase of 28% over last year (We’re already at a gain of 7.5% over 2007).
The areas included in this report are : Circleville,williamsport,orient,new holland, darbyville, tarlton, ashville, and all other municipalities in Pickaway county.
I was reading a article the other day in a local newspaper about real estate in central Ohio. It said ‘Home sales down 14% in July’.
It seemed quite disturbing to see a sentence like that in the newspaper. So I did a little bit of research when I came back to the office. Its true that sales were down 14% in July of this year as compared to last. One of the good points about this most resent month was the fact that we didn’t have 10-30% more houses listed than last year. While on one hand its unfortunate to see sales decline by 14% over last July , it is nice to see the high surplus we have been experiencing go down a bit.
Of course , its still very much a buyer’s market out there, and in order to get a home sold ,you still definitely need to be aggressive to successfully sell. With interest rates fairly low, it’ll be interesting to see how the rest of the year pans out in home sales. As for me , I have no complaints about the current market ![]()
Well , today I hit the streets of Circleville , going door to door in hopes of just meeting people. Of course this has to do with my personal business, but I was asked a question that I hadn’t been asked before ,and it was quite interesting after I came home and did research.
I was told a particular area ( a very nice area , in my opinion) in Circleville was ‘cursed’. Now , this is a subdivision that I wanted to visit because the home sales were quite hot , and I felt it was a good opportunity to see what people think. So , after hearing that this particular street was stigmatized , that is has a bad history , or bad thoughts about it. The homeowner said he hadn’t ever seen any sales recently , and the only house he had seen never sold.
That’s where my quest began to find the truth about stigmatized properties. I loaded up my trusty sold data program and searched his particular subdivision….it came out with data along the lines of an average sales price of $190,000 per house (estimated) , with about 45% of the sales being over $210,000. Now , as a note , the average price of a house in circleville is $138,000. My special mapping program showed that the sales were quite evenly dispersed within the area. So , after picking the individual street that was in my area today , I found out , in fact there had been quite a good sale of a house recently , and only 1 house that had been listed without selling. In fact, the house that sold was about 30% under normal market time in our area, and for 50% over avg market price.
So , in ending , be careful about personal opinions on property ,and the idea of stigmatization , because it might just be wrong
As always , just E-Mail me if you have any questions , especially about Real Estate in our area!
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