Comments on: South Bend Real Estate Report: November 2009 http://www.realst8.com/blog/market-conditions/south-bend-real-estate-report-november-2009/ Real Estate and Area Information for South Bend, Mishawaka, Granger and Notre Dame, Indiana Thu, 22 Jul 2010 02:54:17 +0000 hourly 1 http://wordpress.org/?v=3.0 By: just sayin... http://www.realst8.com/blog/market-conditions/south-bend-real-estate-report-november-2009/comment-page-1/#comment-24151 just sayin... Fri, 04 Dec 2009 16:12:04 +0000 http://www.realst8.com/blog/?p=916#comment-24151 Nick, I appreciate your monthly reports. I especially like the way you factually report the activity as it is without trying to put any spin on conditions. This goes a long way towards establishing your credibility. Your comments also demonstrate your competence and expertise. Consumers need more Realtors like you. Keep up the good work. I continue to look forward to the monthly market reports. Nick, I appreciate your monthly reports. I especially like the way you factually report the activity as it is without trying to put any spin on conditions. This goes a long way towards establishing your credibility. Your comments also demonstrate your competence and expertise. Consumers need more Realtors like you. Keep up the good work. I continue to look forward to the monthly market reports.

]]> By: Renter Tom http://www.realst8.com/blog/market-conditions/south-bend-real-estate-report-november-2009/comment-page-1/#comment-24149 Renter Tom Thu, 03 Dec 2009 15:38:43 +0000 http://www.realst8.com/blog/?p=916#comment-24149 Very good Nick! These numbers tell a lot about the local market. Looks like someone really got a deal with that Birkey Home in Quail Ridge if it had originally been priced competitively. In my opinion, Birkey builds a decent house....Weiss Homes on the other hand is buyer beware...if you buy a new construction home you still need to have an independent professional inspection done especially since home warranties are limited (and many assume the builder will be around for the warranty work). It appears that the enthusiasm for "second" homes around ND remains anemic at best. It spells for a long drawn out development around campus including at Eddy Street Commons. We will see how that pans out economically. They are building it so eventually the units will have to sell....at a profit or a lose is the question. One "tell" will be when and who builds the high end hotel at ESC. I am pretty sure none of Coach Weis' relatives will be buying any! Which brings up a possible interesting idea for an article....past ND head coach's homes and whether they had to take a loss on them once they got the axe? Holtz probably did fine....but Davie (did he ever sell?), Willingham (and O'Leary if he bought), and of course the Weiss house which I am pretty certain will sell for at a big loss...probably a bigger loss than Davie or Willingham (fitting for the comparative win-loss record too! LOL). Probably the assistant coachs take a bigger hit and they can not afford it like the b$$$g HC's can. Thanks again for the numbers. Very good Nick! These numbers tell a lot about the local market. Looks like someone really got a deal with that Birkey Home in Quail Ridge if it had originally been priced competitively. In my opinion, Birkey builds a decent house….Weiss Homes on the other hand is buyer beware…if you buy a new construction home you still need to have an independent professional inspection done especially since home warranties are limited (and many assume the builder will be around for the warranty work).

It appears that the enthusiasm for “second” homes around ND remains anemic at best. It spells for a long drawn out development around campus including at Eddy Street Commons. We will see how that pans out economically. They are building it so eventually the units will have to sell….at a profit or a lose is the question. One “tell” will be when and who builds the high end hotel at ESC. I am pretty sure none of Coach Weis’ relatives will be buying any! Which brings up a possible interesting idea for an article….past ND head coach’s homes and whether they had to take a loss on them once they got the axe? Holtz probably did fine….but Davie (did he ever sell?), Willingham (and O’Leary if he bought), and of course the Weiss house which I am pretty certain will sell for at a big loss…probably a bigger loss than Davie or Willingham (fitting for the comparative win-loss record too! LOL). Probably the assistant coachs take a bigger hit and they can not afford it like the b$$$g HC’s can.

Thanks again for the numbers.

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