Mtn Home Walmart Real Estate Index Part 3
Last Updated on Sunday, 18 July 2010 07:52 Written by Tim Bondy Monday, 19 July 2010 10:41
Business News - Local Business
This is Part 3 of the Bondyweb Walmart Real Estate Index for Mountain Home, Idaho
Part 1 can be read here | Part 2 can be read here
Saturday evening, July 17th, 2010 had me heading off to Walmart for some Band Aids. As I slowly traveled along the 2.7 miles I counted 12 homes for sale. It didn't appear that any homes along the Walmart Real Estate Index trail had sold since my last trip on July 9th. But going slow allowed me to actually look at some of the homes without "For Sale" signs on them. I found two houses that were obviously empty and maybe in some sort of foreclosure? The two foot high dead and brown grass was my clue that these homes may be on the Mountain Home real estate market soon.
The Numbers
July 2, 2010 – 11 Homes for Sale
July 9, 2010 – 12 Homes for Sale
July 18, 2010 – 12 Homes for Sale
What My "Walmart Homes for Sale in Mountain Home Idaho Index" Tells Me This Week:
The real estate market is "unscientifically" soft or maybe just plain stagnant. The two unoccupied home are just a symptoms of this soft market? I don't know the story behind these unkempt yards and seemingly not lived homes but it could be another piece of the puzzle.
Trulia Does Not Agree With My Data...Again
For a second week in a row, Trulia indicates the sheer number of 3 bedroom houses for sale in Mountain Home continues decrease. On the other hand, the average asking price of homes for sale are continuing their slow decline also. When will the real estate market in Mountain Home hit bottom? I'll leave that forecast to the real experts who use real data instead of my "just for fun" information.
Thanks for visiting and commenting on this business article.
Tim Bondy
The Bondyweb.Com author
Part 1 can be read here | Part 2 can be read here
Saturday evening, July 17th, 2010 had me heading off to Walmart for some Band Aids. As I slowly traveled along the 2.7 miles I counted 12 homes for sale. It didn't appear that any homes along the Walmart Real Estate Index trail had sold since my last trip on July 9th. But going slow allowed me to actually look at some of the homes without "For Sale" signs on them. I found two houses that were obviously empty and maybe in some sort of foreclosure? The two foot high dead and brown grass was my clue that these homes may be on the Mountain Home real estate market soon.
The Numbers
July 2, 2010 – 11 Homes for Sale
July 9, 2010 – 12 Homes for Sale
July 18, 2010 – 12 Homes for Sale
What My "Walmart Homes for Sale in Mountain Home Idaho Index" Tells Me This Week:
The real estate market is "unscientifically" soft or maybe just plain stagnant. The two unoccupied home are just a symptoms of this soft market? I don't know the story behind these unkempt yards and seemingly not lived homes but it could be another piece of the puzzle.
Trulia Does Not Agree With My Data...Again
For a second week in a row, Trulia indicates the sheer number of 3 bedroom houses for sale in Mountain Home continues decrease. On the other hand, the average asking price of homes for sale are continuing their slow decline also. When will the real estate market in Mountain Home hit bottom? I'll leave that forecast to the real experts who use real data instead of my "just for fun" information.
Thanks for visiting and commenting on this business article.
Tim Bondy
The Bondyweb.Com author
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