Wednesday, October 8, 2008

The Economy and the Real Estate Climate here in Highlands


Statistics Report
Highlands - Cashiers Board of Realtors
Compiled on October 8, 2008
For Highlands City and Highlands Township

Comparing 2007 to 2008 YDT:

New listings are Up 43.89%
Sold Listings Down -5.08%
Volume Sold Down -1.46%
Average Sale Price Up 3.63%
High Sale Price Down -15.80%
Low Sale Price Up 216.67%
Average Days on Mkt Down -5.39%

My comment on this will be brief: Highlands is in fact in America afterall! If there is any good news, it is that

it's a great time to buy!

The rapid and significant price reductions like we've seen this summer are unprecedented in my experience. And why? I think it best to leave my political views out of my real estate blogs and just report the facts ma'am!

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