Some of his stats:
- 9,200 foreclosures so far this year
- No more building permits will be pulled until October
- Builders are building only for qualified buyers under contract with a three to six month wait time for a new home
- 23,000 new homes are on the books, including condos and townhomes
- 25,338 resales are on the market; the average is 12 to 24,000, which usually represents a 9-month inventory
- 1,400 single family homes were sold last month, which is down from 7,000 last year
- The median single family home price has declined to around $305,000 and ‘experts' think it will go down another 40% before the market turns around
- Experts say we have another 18 to 24 months of decline before a turn-around
- Growth in the community remains strong; we still have 5,000 to 6,000 new move-ins each month
- High-rises and custom homes, $2 million and up, are doing well; about 20 to 30 sales each month
- Commercial rental rates are steady at around 2.50 to 2.70 per square foot
If writing is an art, then, blogging is one way of using words to come up with an art. This is because people who are into blogging are the ones who are artistic on their own sense, carefully choosing words that would best describe their feelings, sentiments, wishes, desires, and everything. 