The Seven Must Haves of a Market Update

In the coming weeks you will notice that I will be compiling last year's Germantown statistics at a micro level (by subdivision) and eventually finishing at the macro level (Germantown as a whole).

The following will be a summary of what you can expect in each report:

1. History of the subdivision (age, builder, amenities, schools, HOA, unit numbers and style of housing)
2. Number of sales in 2008 (including type of sale and average number of days on the market)
3. Number of failed listings and why they failed
4. 2008 best deal (based on Condition, Value, Motivation and Location) for the neighborhood
5. 2008 worst deal (based on Condition, Value, Motivation and Location) for the neighborhood
6. 2009 Forecast for the neighborhood (Number of Sales and projected Average Sales Price)
7. Advice to potential sellers in the neighborhood of how to specifically maximize their profit according to their neighborhood

My goal is to compile an Annual Report for the Germantown Area that will be specific, useful, informative and worthy of my fellow realtors review.