Arrow Creek Real Estate: An Adulterated Report

Arrow Creek Country Club

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"It's just matter of time until the home prices in Arrow Creek finds a bottom if the demand continues to go up."
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About:

I created this report for the inquisitive buyer in the Arrow Creek area who is discontent with the general statement, 'It's a great/bad time to buy in Arrow Creek!'.  I believe completely that it's the market's opinion that matters most when buying a house.  And that's what I want to show to you here.

This report is also for the seller who wants to better understand the current state of their neighborhood in order to make a better selling decision. 

Hope it helps.

In this report you will learn the ff:

• Median price of homes sold in Arrow Creek in the last two years.

• Number of homes for sale in the last two years.

• Number of homes SOLD in the last two years.

Observations:

• Demand,basing it from the number of homes SOLD, seems to have reached a bottom (see: second graph).

• Even though the demand has caught up median home prices are still in a downward trend.  This is not new.  Historically,demand will always be first to go up before prices.  It is just matter of time until the home prices in Arrow Creek finds a bottom if the demand continues to go up. (This is really fascinating for me, I did not expect this to happen this early)

• Inventory of homes is in a downward trend.  But  I expect it to go up this coming summer months (it's already up in April).

Graph(s):

Number of Homes For Sale
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Number of homes SOLD
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Median Price (SOLD)
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Note:  Based on past reader's experience, you would have additional questions and concerns or would want to clarify something about the Arrow Creek real estate market. 

Don't hesitate to call me, this is my full-time job and  I would love to be of service in any way. 

Call Joe: 775-338-7653

Community Links:

• Arrow Creek Country Club

• Arrow Creek Homeowners Association

* Residential homes site/stick built

Updated: May 7,2008
Source: Multiple listing Service
Next Release Time:  TBA

Comments

[Chris]

Whew! pretty mind-boggling yet could be understand.

It was also interesting for me see that the market could be heading for a bottom soon.

When do you think this will be?

[Ian Mariano]

That's how i felt when i found about it.

I wish I can answer your question.

My best educated guess is a year and a half prices will stabilize-finally catch up with demand.