CULPEPER REAL ESTATE MARKET NUMBERS

OCTOBER, 2007

I am seeing small signs of life in the local housing market. Very small, I should add before any unwarranted euphoria breaks out!

But the truth is it's made me feel a little optimistic the last few days. In the interests of full disclosure you should know that I tend towards wild optimism in any and all situations! I don't see the glass as half full, I see it as almost overflowing! So, take this with a little grain of salt.

There has been at least one showing on each of my listings in the last week. That hasn't happened in ages! Now it's generally been only one per listing. And there haven't been any offers (yet!) as a result. But I did get a call from one of the agents saying his clients have narrowed their search and two out of three of the listings they're serious about are mine! So there seems to be some likelihood that at least one of my sellers will have the potential for good news soon!

And, I've been asking around and there seems to be some pick up in activity around the area. Again, we're not talking huge numbers, just signs of life that are at least a little encouraging!

I'll be doing what I can to fan the flames of this little ember of interest! There are some amazing deals out there and there are definitely people who need to buy something. Here's hoping a gradual turn around may have started!

Until we have firm data to back up this anecdotal evidence, I'll be working to keep my wild optimism in check! After all, if I tell you everything looks wonderful all the time, will I have any credibility left when the market actually turns?!