1st,Quarter,Sales,Summary,For, business, insurance 1st Quarter Sales Summary For Augusta Georgia Housing


As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise.  Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The


Normal 0 MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:"Times New Roman";}Well, it’s timeto take a good hard look at how the 1st quarter of 2009 stacks up,so here goes: Overall salesare down 17% on 2008 figures for the first three months of the year.  March sales rebounded to 11% down on March2008, much better than January (down 24%) and February (16%) – so that 17%figure may go lower as we enter the better home sales months. Expect Aprilfigures to decline slightly.  A full weekof out-of-town guests for the Masters Golf tournament always puts a damper onthe April sales figures – and I expect that trend to continue.  Since 2005, only on year saw an increase inresidential says in April over March – in 2006. Every other year in that period has shown decreased sales activity forApril. The averagesales price for March of 2009 was $157,959 – almost $4,500 higher than the sameperiod last year. Richmond and Columbia County continue to pace sales in the CSRA –with the west Augusta and south Augusta regions posting slightly higher totalsthan the Martinez/Evans/Grovetown corridor of Columbia County.  Harlem and Appling continue to post weak salesfigures – reflecting the smaller population of those areas of the county. As of thiswriting, 30 year conventional mortgage rates in the Augusta area are hoveringquite close to the 4.65% mark, with VA and FHA rates also well below 5% -continuing the historical lows we’ve seen for the last several months.  There will probably never be a period in mylifetime when homes are this affordable.    THE BOTTOMLINE:  If you are selling – get your homeon the market sooner than you planned. We continue to weather the mortgage crisis storm and inventory is stillhigh.  This is hand in hand with GaryKeller’s Vision Speech from the Keller Williams Family Reunion.  I’m paraphrasing, but he said in Februarythat “the next six months will probably be the worst economic times you willever see in your lifetime.”   With over400,000 ARMs adjusting in 2009, there will continue to be foreclosures atrecord levels.  Expect things to bottomout by August, with the housing market posting a mild turnaround by the early2010 months.    If you’re buying, youprobably won’t see this level of choice again for quite some time, and theconcessions offered by Sellers in this market are phenomenal.   Interest rates are still historically low –how long that will last is anyone’s guess.  I certainly see rates continuing below 6% through at least November ifnot longer.

1st,Quarter,Sales,Summary,For,

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