Posts Tagged ‘Wells Fargo’

Why Housing Starts Were Down

November 19 2009

I’m sure that after 8 months of reading my blog posts you I know that I am pretty much a numbers guys. I FT Housing Starts-Octoberdon’t take much stock in what I am told about the condition of the real estate market by media types because I know that they provide no perspective on that about which they are reporting. Drama and gloom and doom is good for ratings, so for the most part, that is what we get.

As your self appointed interpreter of real estate news and information for the Lake Oroville real estate market, I find it important to dive into the data provide to you with what I think is really going on in this market. Every once in a while, though, I get hold of a report that does a whole lot better job of explaining the situation than I can. (I know…that is just hard to believe).

The report I am providing a link to today comes from Jim Moll of Wells Fargo Advisors. As a longtime Oroville financial advisor, Jim is gracious enough to send reports to me and other Oroville REALTORS®from time to time to assist us in keeping our clients informed of market conditions. Fortunately for buyers and sellers in the Oroville, Chico and Paradise areas, this is the only real estate site on which you will see reports of this nature.

Either click here to see the report or click on the graphic. And remember, always read or listen to the story behind the headlines.

 

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