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It's that time again, Banks are starting to Foreclose on properties, now is a great time to start the buying process. Are you ready? do you understand what banks need when making an offer? if not call or email me for an update on St Augustine Real
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St Augustine Real Estate Market Report 10/31/2008 Statistic for St Augustine Real Estate as of 10/31/2008 Active Listings 3044 = Buyers Market 33 Months of Inventory , Total Sales 90 Units Homes Average Days on market 148 % of asking price sold/list 91.8%
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St Augustine Real Estate Market Report 8/1/2008 Statistic for St Augustine Real Estate as of 08/01/2008 Active Listings 3045 = Buyers Market 41 Months of Inventory , Total Sales 74 Units - Minus 30 over last month Homes Days on market 4 - 653 % of asking
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St Augustine Real Estate Market Report 6/1/2008 Statistic for St Augustine Real Estate as of 06/01/2008 Active Listings 3145 = Buyers Market 29 Months of Inventory , Total Sales 115 Units - Plus 49 over last month Homes Days on market 1 - 700 % of asking
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Statistic for St Augustine homes as of 10/01/2007 Active Listings 3773 Plus 20 Listing over last month = Buyers Market Total Sales 77 Units Minus (7) Homes Days on market 21 - 631 % of asking price sold/list 91.2% Sales 64 Homes Plus 7 Net Sales Sale
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Sales have slowed to a pace not seen since January 2007 with a total of 80 Homes and condos sold for the month. The only brite point for buyers are prices dropping like it's hot! This month I will Introduce my new Home Price Index or HPI for Saint
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Buyers Market is in full force , the number of homes for sale in St Augustine is still at 3700, which equals a 37 month supply. I expect home prices in the resale market to decline for the next 6 months or longer until buyers start to step in. Established
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