October eNewsletter

Century21PowerTeam

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October eNewsletter


	Century 21 PowerTeam presents: 'October eNewsLetter'

*THE BRIGHT SIDE*
In the wake of what has been going on in the stock market recently, the state of our economy and housing market and the growing concern over the GM Plant closing in Janesville - it is difficult to stay positive these days. But there is a bright side! Here is a short list of things to be thankful for, that serve as positive indicators for a brighter future:

The Bailout: Whether you were for it or against it, without it our economy was in serious jeopardy; both home and abroad.
The Stock Market: After disastrous results last week, Monday we saw the market climb to near record numbers, climbing over 900 points! All of which was a direct result of the bailout.
Gas & Oil Prices: The prices for a barrel of oil dropped below $80 a barrel - a 13 month low! Thats down from $147 a barrel we saw just months ago. Gas in some areas in Wisconsin has now dipped below $3 a gallon! Let's keep it dropping!
The Election: Thankfully, it's almost over! Don't know about most of you, but we are growing tired of all the adds and mud slinging. Not to mention, 'EVERY' election year is a Down-year in our economy. Let's get it over with and start moving forward!
Market Up-tick: There has been a positive up-tick in Real Estate Sales in major markets such as Florida, Las Vegas, California & Minneapolis. These are some of the hardest-hit markets in the nation and with this up-tick it signals a rebound.
Local Real Estate Market: The average sales price in Rock County seems to be holding. Meaning that home prices in our area are stable versus many other 'declining' markets.
Brighter Side: Economists see All-the-Above as positive indicators that the economy, including the housing market, has better times ahead of it - and as soon as mid-2009! So let's stay positive and focus on a brighter future!

IN THE MEANTIME, should you know of anyone interested in either buying or selling real estate, please refer them to the #1 Selling Team in Rock County!

*For all your Real Estate Needs Please Visit the Century 21 PowerTeam at: www.century21powerteam.com

Monthly Market Statistics
L E G E N D :
J - S	Months: June through September
DOM	Days on Market (average)
YTD	Year to Date
QTY	Quantity: number available
< B e l o i t >
SOLD	J – S	DOM	YTD	DOM
0 –100k	41	28	152	54
101-150k	10	33	41	58
151-200k	0	0	13	217
201-300k	3	30	9	70
301-400k	2	11	3	38
ACTIVE	QTY	DOM
0 –100k	209	121
101-150k	77	114
151-200k	66	127
201-300k	34	156
301-400k	13	118
< S o u t h B e l o i t >
SOLD	J - S	DOM	YTD	DOM
0 –100k	8	35	20	34
101-150k	33	61	57	72
151-200k	9	58	18	76
201-300k	1	21	3	30
301-400k	2	78	2	78
ACTIVE	QTY	DOM
0 –100k	12	78
101-150k	35	87
151-200k	23	86
201-300k	8	91
301-400k	3	177
< R o c k t o n >
SOLD	J – S	DOM	YTD	DOM
0 –100k	1	168	5	105
101-150k	13	33	23	67
151-200k	16	68	28	67
201-300k	17	58	28	72
301-400k	2	43	3	41
ACTIVE	QTY	DOM
0 –100k	1	18
101-150k	7	126
151-200k	35	103
200-300k	37	84
300-400k	10	87
< R o s c o e >
SOLD	J - S	DOM	YTD	DOM
0 –100k	5	155	5	155
101-150k	13	78	25	84
151-200k	49	98	82	97
201-300k	21	67	46	87
301-400k	8	67	21	85
ACTIVE	QTY	DOM
0 –100k	3	28
101-150k	12	76
151-200k	52	136
201-300k	54	115
301-400k	29	120

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