Sign of a turnaround?
The CEO of my RE/MAX Allegiance franchise recently started a blog with his musings about real estate, the market, the industry, etc. Charlie Bengel, Jr. unabashedly refers to our company as "The Greatest Real Estate Brokerage in the World"! Since I've only ever been associated with one other real estate brokerage, in my little world, I'd have to concur.
Last week on The Bengel Blog, Charlie offered the following interesting statistics and anecdotal evidence of a pickup in market activity:
"RE/MAX Allegiance conducted 843 transactions in September and 722 in October. These stats may not seem like a big deal, but they may be. See, that is two months in a row that we had an increase in the number of transactions compared with the same months last year. That is the first time this has happened in years.
Considering we have fewer Associates than we did last year, this is quite an accomplishment and may point to the beginning of market improvements." [Emphasis added]
While, I don't have complete statistics on other companies sales, it appears that at least some balloons are flying higher and higher...
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