Snapshot of Market today in Victorville
Prepared by Mr. Francis Tin Lam
Current Supply Market
Active: 500
Sold: 316
Math: 316/6months = 52 sold/month
*6 months is a good indication of market
500/52 = 10 months of supply to sell off IF the no more
listing is added to the active inventory list.
*So what it means [...]
Entries from July 2008
July 26, 2008
Snapshot of Market Today in VICTORVILLE, CA.
July 20, 2008
Rusell Peters Comedy Show
I just came back from The Grove in Anaheim from the Rusell Peters Show – my first time ever to watch live comedy show. (the show started at 8pm and finished at 11pm) ; everybody there was just laughing out loud and had a great time, but to me, it was not that funny watching [...]
July 16, 2008
Top 10 Fastest Growing Large Cities
NEW YORK (CNNMoney.com) — After being pummeled by Hurricane Katrina in 2005, New Orleans is showing signs of recovery – ranking as the fastest-growing large city in the nation, according to a government report released Thursday.
The Census Bureau said New Orleans’ population rose 13.8%, to 239,124, in the year ended July 1, 2007. That was [...]
July 14, 2008
Monday July 14 Real Estate News
Fannie Mae and Freddie Mac in Big Money Trouble
Rumors have been swirling this week about the potential trouble that mortgage companies Fannie Mae and Freddie Mac are heading into. As a result of depressed buyer confidence in the market, lending rates from these two companies are on the rise.
Since the cost of borrowing for these [...]
July 5, 2008
San Gabriel Real Estate
As a REALTOR in the City of San Gabriel, I am pleased to report that the real estate market in San Gabriel has been holding very strong relative to the rest of the country. I’ve seen houses sold within less than a week at or more than the listing price!!! remember I am writing this [...]
July 5, 2008
Pre-Paid Legal
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Would you agree that there are many situations in daily life when it would be valuable to [...]
