market: ADJUST LISTING PRICE TO REFLECT MARKET FLUXUATIONS - 03/23/10 10:22 PM
When a seller lists their home on the market it is natural for them to list for the highest possible price they can expect. Of course in the beginning of the listing the vendor and the real estate salesperson are quite optimistic of  their expectation of receiving the list price. Now, in a perfect, world one can only hope that this listing price is attainable.
However, as time goes on and the market changes ever so slightly, maybe everyones expectations are remaining rather over confident in still trying to obtain the original listing price. As an example, say the property was … (4 comments)

market: FREDERICTON REAL ESTATE MARKET FOR FEBRUARY 2009 - 03/04/09 08:37 PM
Let's look at what happened in the Fredericton Market in February 2009 and Year to Date
                                           
                                                2009           2008          %  OF DECREASE/INCREASE YEAR TO DATE      
Total listings for February             344             423                                - 19 %
Total listings YTD                        812             979                                - 17 %
Total Sales for  February              104             175                                - 41 %
Total Sales YTD                          185             295                                - 37 %
Total Dollsr Volume for February                                                           - 43 %
Total Dollar Volume YTD                                                                       -35 %
 
   As one can see the Fredericton Market is not only not improving, it has gone down from January's 25% decrease to a February  decrease of 43%. This gives an overall Year to Date decrease of 35%. … (8 comments)

market: Predictions for Fredericton, New Brunswick, Canada Real Estate Market for 2009 - 12/31/08 11:13 AM
   After 40 years in the real estate business I think I am in a position to share some of my beliefs as to what might happen in the Fredericton real estate market for 2009. As you can appreciate this is extremely subjective so I am even more excited to visit with you again on December 31,2009, just to see how we did. As I reflect on 2005. 2006, and 2007 it dumbfounds me to see the continued increase in gross yearly sales, year after year, when each year we waited for a free fall in both unit price and yearly dollar volume.
   … (6 comments)

 
Phil Booker (Booker Realty)

Phil Booker

Fredericton, NB

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Booker Realty

Address: 461 St. Mary's Street, Fredericton, 307 King's College Rd. , Fredericton, N.B., E3B 2E6

Mobile: (506) 292-6726

Office: (506) 206-7500

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