{"id":154,"date":"2007-01-31T22:05:15","date_gmt":"2007-02-01T02:05:15","guid":{"rendered":"http:\/\/www.realst8.crankpin.com\/?p=154"},"modified":"2007-01-31T22:05:15","modified_gmt":"2007-02-01T02:05:15","slug":"status-of-the-south-bend-area-housing-market-013107","status":"publish","type":"post","link":"https:\/\/www.realst8.com\/staging\/9756\/real-estate\/status-of-the-south-bend-area-housing-market-013107\/","title":{"rendered":"Status of the South Bend Area Housing Market: 01\/31\/07"},"content":{"rendered":"<p><a href=\"http:\/\/www.realst8.com\/staging\/9756\/wp-content\/uploads\/2007\/01\/monthlysales.jpg\" title=\"Greater South Bend-Mishawaka MLS Sales by Month, 2005-6\"><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.realst8.com\/staging\/9756\/wp-content\/uploads\/2007\/01\/monthlysales.thumbnail.jpg\" alt=\"Greater South Bend-Mishawaka MLS Sales by Month, 2005-6\" \/><\/a>\u00c2\u00a0One definition of a buyer&#8217;s market is when the current supply of available homes exceeds six months demand, based on the last two years of sales. The average number of sales per month\u00c2\u00a0for 2005-6 in the Greater South Bend &#8211; Mishawaka MLS is 385. As of January 31st, 2007 there are 2,078 homes for sale. That is about a 5.4 month supply of homes &#8211; not enough to meet that definition of a buyer&#8217;s market but certainly a signal that sellers should dress to impress.<\/p>\n<p>Houses Listed: 1,978<br \/>\nHouses Sold 1\/1 &#8211; 1\/31: 173<br \/>\nAbout 9% of listed houses sold this month.<\/p>\n<p>Villas\/Townhouses\/Condos Listed: 99<br \/>\nVillas\/Townhouses\/Condos Sold 1\/1 &#8211; 1\/31: 10<br \/>\nAbout 10% of listed villas\/townhomes\/condos sold this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00c2\u00a0One definition of a buyer&#8217;s market is when the current supply of available homes exceeds six months demand, based on the last two years of sales. The average number of sales per month\u00c2\u00a0for 2005-6 in the Greater South Bend &#8211; Mishawaka MLS is 385. As of January 31st, 2007 there are 2,078 homes for sale. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[7,2,13],"tags":[],"class_list":["post-154","post","type-post","status-publish","format-standard","hentry","category-market-conditions","category-real-estate","category-south-bend"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/comments?post=154"}],"version-history":[{"count":0,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/posts\/154\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/media?parent=154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/categories?post=154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realst8.com\/staging\/9756\/wp-json\/wp\/v2\/tags?post=154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}