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Lighthouse Point — January 2012

Each month I’ll be posting the Residential activity in Lighthouse Point. If you’re interested in seeing these figures for your City, or specific community, please send me your request. I’ll be happy to post the activity as per your request.

In the month of January, there were a total of 16 reported sales, as follows:

Residential Income (Duplex, TriPlex and FourPlex — 2
Condo/Townhouse/Villa — 3
Single Family Homes –11

This is up from just 10 sales in January 2011. As this trend continues, we will see a further confidence that a stable market exists. Remember a stable market gives buyers and sellers an equal footing; neither has an advantage over the other. In Business terms, its when supply equals demand.

It will be interesting to see how the Presidential Elections will effect the housing market this year. Will the market be manipulated in favor of one party or the other?

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2 Comments

  1. Mark Rey

    Yes indeed, i do agree with you that the supply should be equal to the demand. That’s how business is. I do hope that this year will be a great year for all us in business.

  2. It’s always to have a stable market since there are uncontrollable variables affecting it. We can just always hope for the best.

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