Updated Market Stats 12.06.2012

We have access to the monthly slides for adding to presentations.

Can be downloaded as a powerpoint or pdf file. Check out their blog at http://www.kcmblog.com/ for

articles to post as a link in your signature or on the social media platforms.

Keeping Current Matters

RATE

4.50 1,824 1,874 1,926 1,976 2,027

4.25 1,771 1,820 1,869 1,919 1,968

4.00 1,719 1,766 1,814 1,862 1,910

3.75 1,667 1,714 1,760 1,806 1,852

3.50 1,617 1,661 1,706 1,751 1,796

$360,000 $370,000 $380,000 $390,000 $400,000

-10% -7.5% -5% -2.5% LOAN

Payment Based on Interest Rates

Zillow 10/11/2012

Annual Inventory Changes

Appraisal Challenges

NAR 10/2012

11%

15%

9%

0%

4%

8%

12%

16%

Contracts Cancelled

Renegotiated Sales Price

Contracts Delayed

Analyst Projected Year

Barclay’s 2021 Fiserv 2023

When Will 2006 Prices Return?

Updated stats…

Leominster - 01453

Sales 2 months = 35 (17.5 month) Inventory 127-16 active flagged = 111 6.34 months inventory

prev: 5.46 months inventory

Fitchburg 01420Sales 2 months = 48

Inventory 126-8 active flagged = 1184.9 months inventory (average sale price $127,230)

prev: 7.4 months inventory

Lunenburg 01462

Sales 2 months 16 Inventory 67-4 active flagged = 637.87 months inventory

prev: 7.88 months inventory

Sterling - 01564

Sales 2 months = 17

Inventory 33-3 active flagged = 303.5 months inventory prev: 7 months inventory

Lancaster 01523

Sales 2 months - 15

Inventory 43- 3 active flagged = 405.3 months inventory

prev: 5.5 months inventory

Westminster 01473Sales 2 months = 11

Inventory 59-8 active flagged = 519.2 months inventory

prev: 10.1 (12.4) months inventory

Gardner - 01440Sales 2 months =28

Inventory 77-6 active flagged = 715.1 months inventory

prev: 5.5 months inventory

Templeton - 01468

Sales 2 months = 12

Inventory 32-2 active flagged = 305.0 months inventory prev: 10 months inventory

Royalston

Sales 2 months = 0 (past 5 months – 4 sold)

months inventory – not enough data

Prev: 7.3 months inventory

Expireds

Here are some statistics on Expired listings:• Only 28% will re-list with their current

agent• 35% will leave their home off the

market for a month or more (Statistics indicate that most of these will re-list with another agent within 90 days)

• 37% will re-list with a new agent within 30 days

• Over 70% chance YOU can get the listing

• Most that re-list will do so with the 1st or 2nd agent that contacts them