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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Ramsey Su8/16/2006 8:14:57 PM
of 306849
 
biz.yahoo.com

small builder repeating same story.

This one is kind of funny. Look at the new orders numbers for Florida. I guess there are 48 more cancellations than new orders.

NEW ORDERS
Northern region (NJ, PA, NY)(1)
Homes 106 201 455 727
Dollars $51,220 $95,370 $242,729 $352,347
Average Sales Price $483 $474 $533 $485

Southern region (NC, SC, VA)(2)
Homes 152 271 791 788
Dollars $78,340 $107,796 $367,334 $306,280
Average Sales Price $515 $398 $464 $389

Florida region (FL)
Homes (48) 176 145 496
Dollars $(14,038) $44,824 $48,914 $115,623
Average Sales Price $292 $255 $337 $233

Midwestern region (IL)(3)
Homes 42 76 221 245
Dollars $19,871 $36,100 $97,945 $100,503
Average Sales Price $473 $475 $443 $410

Total
Homes 252 724 1,612 2,256
Dollars $135,393 $284,090 $756,922 $874,753
Average Sales Price $537 $392 $470 $388
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