By John Watkins, Broker
jdw48@mac.com
We closed out third quarter of 2009 (Q3 09) with a transaction volume of $10.3 million and 27 closed deals. By comparison Q3 08 had 25 closed deals and $12. 5 million in volume. Q3 09 had a carryover of pending deals from Q2 of $3.3 million and 10 transactions. The good new is that the carry over from Q3 09 to Q4 09 is 23 transactions and $10 million in volume. Q4 08 had 27 transactions and 14.3 million in volume, with the big carry over from Q3 09 to Q4 09 we could finally see a quarter over quarter $ volume increase in Q4 numbers.
Sorry for all the numbers, but they do tell the story. We are selling as many or more home than we sold last year in Sunriver, they are just less expensive homes. The market is improving because sellers are pricing there homes to sell and interest rates are now finally back below 5%.
The combination of low prices and low interest rates makes this truly the best of times if you are a buyer.
