There is enough bad news in West Michgan so we are going to look at some positive news! The number of active listings in the West Michigan Area have decreased for SIX months in a row. That is very good news! The Five Star brokers sent this out today--they are choosing to have a good attitude and are looking at the bright side!
What does that mean for the average consumer? It means that there is less inventory to compete with. We are by no means out of the woods as we still have a lot of inventory but seeing a downward trend in the number of listings is a step in the right direction!! Any step in the right direction needs to be celebrated!!
Now I know there will be those of you who will want to point out that the bank controlled numbers are still high! I will grant you, that is true but I am choosing to concentrate on the good!!
Here is a chart that shows the numbers:
My scanner isn't scanning right--sorry for the image being crooked!
Tami, Nice chart and great attitude. I can't explain why but I think we are going to have a great year in'09.
Tami - Say! That is great news! It's nice to here somethng positive..Thanks for sharing! :)
Tami, for the sellers this is good as competition decreases and there is less supply on the market.
Hi Tami, You are great; I love your attitude. I hope you have a bright New Year in 2009 and I hope we all do!
Tami- Nice job for the clients...you're right any good news should be celebrated :)
Supply and demand...it sure looks like it may start to look up for all of you soon! Great news!
Tami, That is good news. I am just like the other comment, I too feel it's going to end up being a wonderful year for many of us.
I refuse to be anything but positive! Good stats!
Tami,
We have been negative long enough. We need to be looking for the good in all of the numbers and continue to move forward.
That *is* good news... it's nice to approach equilibrium. We're experiencing this in some of our neighborhoods and it's welcome relief.
Barb- Right now all I have is a good attitude . .lol :-)
Debi - You are so welcome - you can count on me to share good news even if it is that at least I have a shovel to shovel all the snow!!
Gary - That is what we are looking for . .less supply!!
Shirley - I hope you have a wonderful new year too!
Kathy - I agree . . no matter how small . .we need to concentrate on the good!
Kris - From your lips to God's ears!
Carole - I hope you are right -- good for me would be survival so I am all about that!
Ron- Amen Brother!
Don - A lot of people have been negative! Me . . most of the time I refuse to listen to the news . . I don't need to hear it!
Chuck - I am so glad for you--together we will make it!
Hi Tami, That is good news for the Grand Rapids area. Same thing here in Ann Arbor. Athough many people are holding off putting the home on the market until things rebound a bit. It's still an amazingly good time for a buyer to purchase with interest rates at record lows. Be Well.
Marian - the same will happen here I just know it - spring will hit and then it will go back up!