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PROUD TWO-TIME WINNER OF THE NORMA STREY KOENIG AWARD
For Diligence, Loyalty & Ethics
Most Units Sold 2008
Top Team 2008
Suzannah is more than a great realtor. She is trustworthy and patient. She goes out of her way to make her clients' dreams a reality, well beyond the closing table. Suzannah comes highly recommended and regarded by very satisfied clients.
--Beth & AndyMarket Analysis:April, 2009
Oh my, folks, the times, they get curiouser and curiouser. Arlen Spector turns Democrat (whoa--fetch my smelling salts). Obama backpedals on his campaign promise to prosecute the former administration for terrorism. GM is going under for the third, and by all accounts, final time. It's amazing to be standing here feeling the earth shifting beneath our feet and take your Dramamine, 'cause stability is almost certainly a long ways away.
Sadly, the real estate market is a direct reflection of low confidence in these trying economic and political times. While March was better than February, that doesn't really mean much: monthly numbers, year-over-year, are still in a decline. March saw only 36 condos and 33 single family homes go under contract which, in total, is about 8% of the inventory total. Part of the problem is that new inventory soared in March in the hopes that the spring market was underway. Alas, it isn't quite yet. And the way April finished, there's isn't much hope for improvement (it held even, at least, and there will probably be a few more contracts entered yet).
Market times are steady for contracted single family homes and slightly up for condos. Absorption rates, despite the uptick in general activity, are hovering between one and two years for condos, with a glut of properties in the $350k-$399k range and anything over $550k, and flip-flopping between one and two YEARS for most single family homes, with an
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