Comments on: South Bend Real Estate Report: April 2009 http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/ Real Estate and Area Information for South Bend, Mishawaka, Granger and Notre Dame, Indiana Wed, 01 Feb 2012 07:56:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dean http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23854 Dean Mon, 01 Jun 2009 20:32:21 +0000 http://www.realst8.crankpin.com/?p=725#comment-23854 I bet the May numbers are brutal. I've been tracking the listings in a few subdivisions of interest and nothing has been selling. I bet the May numbers are brutal. I’ve been tracking the listings in a few subdivisions of interest and nothing has been selling.

]]> By: Anon Alum http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23851 Anon Alum Fri, 29 May 2009 09:28:47 +0000 http://www.realst8.crankpin.com/?p=725#comment-23851 With the May 2009 sales stats coming soon (I hope.....keep up the great work Nick!), perhaps it is time for an update on the ND projects, both proposed and under construction. Which projects never got off the ground.....there was one big project at the end of ND Ave around where is turns sharply that never got started, another smaller one of about 8 units that cleared the lot on ND Ave in a pretty run down area (can't remember the name), Stadium Club went apartment....again, ND condos going apartment?, etc. etc. etc. A lot of big plans but few came to be. How is Eddy Street Commons doing.........predict slow sales and fairly dead year round w.r.t. residents. The one condo-hotel still have rooms waiting for people to "buy"...how many left? With St. Joseph County unemployment pretty darn high spiking to 11.5% in March (worse now) competing with Elkhart County's 18.8% (worse now), is the St. Joseph County real estate market collapsing into a real estate depression (both residential and commercial (empty stores and office space)) or are the green shoots out there (or as Roubini states, yellow weeds)? What is the pulse, if there is one? With the May 2009 sales stats coming soon (I hope…..keep up the great work Nick!), perhaps it is time for an update on the ND projects, both proposed and under construction. Which projects never got off the ground…..there was one big project at the end of ND Ave around where is turns sharply that never got started, another smaller one of about 8 units that cleared the lot on ND Ave in a pretty run down area (can’t remember the name), Stadium Club went apartment….again, ND condos going apartment?, etc. etc. etc. A lot of big plans but few came to be. How is Eddy Street Commons doing………predict slow sales and fairly dead year round w.r.t. residents. The one condo-hotel still have rooms waiting for people to “buy”…how many left? With St. Joseph County unemployment pretty darn high spiking to 11.5% in March (worse now) competing with Elkhart County’s 18.8% (worse now), is the St. Joseph County real estate market collapsing into a real estate depression (both residential and commercial (empty stores and office space)) or are the green shoots out there (or as Roubini states, yellow weeds)? What is the pulse, if there is one?

]]> By: Dean http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23837 Dean Wed, 13 May 2009 21:44:09 +0000 http://www.realst8.crankpin.com/?p=725#comment-23837 MikeNJ, We priced it to sell and sold it for $10K less than we bought it for in May 2007. Based on the info Nick has put together, I think selling this year instead of next was a pretty smart move. I guess I'll know for sure next year at this time. MikeNJ, We priced it to sell and sold it for $10K less than we bought it for in May 2007. Based on the info Nick has put together, I think selling this year instead of next was a pretty smart move. I guess I’ll know for sure next year at this time.

]]> By: Dean http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23827 Dean Tue, 05 May 2009 17:01:28 +0000 http://www.realst8.crankpin.com/?p=725#comment-23827 Nick, Thank you very much for putting these reports together. It's nice to see the actual numbers and not just rely on what the economists & NAR predict and report. Nick, Thank you very much for putting these reports together. It’s nice to see the actual numbers and not just rely on what the economists & NAR predict and report.

]]> By: MikeNJ http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23826 MikeNJ Mon, 04 May 2009 14:03:17 +0000 http://www.realst8.crankpin.com/?p=725#comment-23826 I have to agree with Anon Alum that this info is really top notch Nick. I hope to buy in SB one day near ND and this type of information is of the utmost value to anyone interested in RE values and trends in SB. Keep up the great work! Dean, it just goes to show that a properly priced property will sell in ANY market. Congrats. I have to agree with Anon Alum that this info is really top notch Nick. I hope to buy in SB one day near ND and this type of information is of the utmost value to anyone interested in RE values and trends in SB.

Keep up the great work!

Dean, it just goes to show that a properly priced property will sell in ANY market. Congrats.

]]> By: Dean http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23821 Dean Sat, 02 May 2009 18:00:25 +0000 http://www.realst8.crankpin.com/?p=725#comment-23821 We just sold our home and closed on 4/30. We placed our Cross Creek house on the market February 21 and it went pending around March 6. We listed at $159K and sold for $153K with no concessions. We just sold our home and closed on 4/30. We placed our Cross Creek house on the market February 21 and it went pending around March 6. We listed at $159K and sold for $153K with no concessions.

]]> By: Anon Alum http://www.realst8.com/market-conditions/south-bend-real-estate-report-april-2009/comment-page-1/#comment-23820 Anon Alum Sat, 02 May 2009 17:30:23 +0000 http://www.realst8.crankpin.com/?p=725#comment-23820 Excellent information...keep up the good work and best wishes! Excellent information…keep up the good work and best wishes!

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