May
03
Bundled Golf Communities Naples Fl Update & Last Week’s Winner
Here is a link to the Solve the Statistical muddle. Joe has been a blog follower of mine. It was the answer that I felt gave the compelling answer to that riddle. Sent in by Joe Pack
In terms of answering your question about how new starts (good sign) and foreclosures (bad sign) can be happening at the same time: My answer is simple: the value of the homes has finally lowered to where the market will move the inventory, the government is keeping the interest rates artificially low by the Fed’s current policy thus stimulating activity. The builders know that they must compete with the resale market, thus are selling at competitive rates. Thus the traditional, buy resale, versus build new question is back in play.
Summary of week’s activities. The category (6 bundled courses) has gone from 198 to 213 available resale units. Cedar Hammock held its own, and Vanderbilt actually shrank by a unit. The rest had a 10% increase!
|
BUNDLED GOLF REPORT MAY WEEK 1 |
|||||
|
ACTIVE |
SALES |
NEW |
REDUCED |
CLOSINGS |
|
|
21 |
1 |
1 |
0 |
0 |
|
|
52 |
0 |
1 |
2 |
0 |
|
|
21 |
2 |
3 |
1 |
0 |
|
|
29 |
0 |
1 |
1 |
3 |
|
|
50 |
0 |
2 |
1 |
0 |
|
|
40 |
0 |
0 |
0 |
2 |
|
|
TOTAL |
213 |
3 |
8 |
5 |
5 |
Bundled Golf Communities Changes
Enjoy your week!
Ron "The Bear" BarakettAsk The Bear
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Ron "The Bear" Barakett!
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