First quarter statistics from the Wisconsin Realtors Association are in. And as much as everyone hopes, the numbers are still disapointing. The number of home sales is down 24%. (and home prices are still 25.3 above quarter one in 2001, more than keeping pace with inflation) But there are three important things to point out about statistics:
1. These statistics are for the past 3 months. The statistics for the next 3 months will reflect the market we are sitting in right NOW. Looking forward, 68% of Wisconsin brokers surveyed by the WRA feel that the second quarter will be better or the same than the first quarter in terms of buyer activity. 52% feel second quarter home sales will surpass second quarter sales a year ago.
2. The first Quarter is typically a little slower. We do live in Wisconsin and it snows. "It is important to remember that bad weather always dampens home sales and given the record snowfall this winter, we were expecting weak numbers for this quarter" said WRA Chairman and First Weber Vice President Michael Spranger
3. Always be thankful the Wisconsin market is in a far better position than Flroida, Californai and Nevada, to name a few of the states suffering the most.
FOR BUYERS, your opportunity awaits.
And search the easy way. Sign up for automatic emails on properties that suit your criteria. No sales agent will call - you get the info you want, on properties all across the state and initiate contact when you are ready.
Are you on Facebook? We are! First Weber Group has recognized the exploding growth of social networkng and has started a group for our agents to interact with each other. We are also encouraging agents to set up their own profiles and interact with their circle of friends. It really has been a lot of fun, for me at least, and is an eye opening whole new world of communication.
AND, we have also set up a corporate page here. This is for customers and clients to tell us how we are doing. Write a review and become a fan! We do have numerous clients and customers who have "fanned" us and our Frist Weber Group page is quite new. (Please note you do have to sign up for a facebook account and become a fan before you can write a review. One other note, you can select your own privacy settings. This is important, in my opinion)
If First Weber did right by you, if you love your agent and you are a fan, make it offiical on facebook. Hope to see you there!
Friday, May 16. 2008
If you are in the process of buying a Wisconsin property, share your thoughts on how that is going for you.
If you are in the process of selling, share that with us too.
Dialog is good and maybe First Weber can help.
