You are on page 1of 7

0RQGD\6HSWHPEHU

<RXU/RFDO0DUNHW
V /$.()25(67&$
([HFXWLYH6XPPDU\ Single Family Homes

7KLV:HHN
5HDO7LPH0DUNHW3URILOH 7UHQG
0HGLDQ/LVW3ULFH  r
$VNLQJ3ULFH3HU6TXDUH)RRW  n
7KHPHGLDQOLVWSULFHLQ/$.()25(67&$WKLVZHHNLV $YHUDJH'D\VRQ0DUNHW '20  n
3HUFHQWRI3URSHUWLHVZLWK3ULFH'HFUHDVH 
3HUFHQW5HOLVWHG UHVHW'20 
,QYHQWRU\LVWLJKWHQLQJDQGGD\VRQPDUNHWLVIDOOLQJ%XWGHPDQG
DVPHDVXUHGE\WKH0DUNHW$FWLRQ,QGH[LVDOVRWUHQGLQJGRZQ7KH 3HUFHQW)OLS SULFHLQFUHDVHG 
PDUNHWLVQRWJLYLQJVWURQJXSRUGRZQVLJQDOVIURPWKHVHGDWD 0HGLDQ+RXVH6L]H VTIW 
0HGLDQ/RW6L]H VTIW
0HGLDQ1XPEHURI%HGURRPV 
0HGLDQ1XPEHURI%DWKURRPV 

6XSSO\DQG'HPDQG 0DUNHW$FWLRQ,QGH[ 6WURQJ6HOOHU


V  

+RPHVDOHVFRQWLQXHWRRXWVWULSVXSSO\DQGWKH0DUNHW$FWLRQ,QGH[ r 1RFKDQJH  6WURQJXSZDUGWUHQG nn 6WURQJGRZQZDUGWUHQG


KDVEHHQPRYLQJKLJKHUIRUVHYHUDOZHHNV7KLVLVD6HOOHU
VPDUNHW
VRZDWFKIRUXSZDUGSULFLQJSUHVVXUHLQWKHQHDUIXWXUHLIWKHWUHQG  6OLJKWXSZDUGWUHQG n 6OLJKWGRZQZDUGWUHQG
FRQWLQXHV

3ULFH
0DUNHW$FWLRQ,QGH[ 7KHPDUNHWLVKRYHULQJDURXQGWKLVSODWHDX/RRNIRUDSHUVLVWHQW
FKDQJHLQWKH0DUNHW$FWLRQ,QGH[EHIRUHZHVHHSULFHVGHYLDWH
IURPWKHVHOHYHOV

3ULFH7UHQGV

'D\5ROOLQJ$YHUDJH 'D\5ROOLQJ$YHUDJH %X\HU6HOOHU&XWRII

7KH0DUNHW$FWLRQ,QGH[DQVZHUVWKHTXHVWLRQ+RZ
VWKH
0DUNHW"E\PHDVXULQJWKHFXUUHQWUDWHRIVDOHYHUVXVWKH
DPRXQWRIWKHLQYHQWRU\,QGH[DERYHLPSOLHV6HOOHU
V
0DUNHWFRQGLWLRQV%HORZFRQGLWLRQVIDYRUWKHEX\HU

4XDUWLOHV
'D\5ROOLQJ$YHUDJH 'D\5ROOLQJ$YHUDJH

&KDUDFWHULVWLFVSHU4XDUWLOH ,QYHVWLJDWHWKHPDUNHWLQTXDUWLOHV
ZKHUHHDFKTXDUWLOHLVRIKRPHV
RUGHUHGE\SULFH
4XDUWLOH 0HGLDQ3ULFH 6T)W /RW6L]H %HGV %DWKV $JH ,QYHQWRU\ 1HZ $EVRUEHG '20
/HVVWKDQ
7RS)LUVW   VTIW        0RVWH[SHQVLYHRISURSHUWLHV


8SSHU6HFRQG   VTIW        8SSHUPLGGOHRISURSHUWLHV


/RZHU7KLUG   VTIW        /RZHUPLGGOHRISURSHUWLHV


%RWWRP)RXUWK   VTIW        /HDVWH[SHQVLYHRISURSHUWLHV

3RZHUHGE\$OWRV5HVHDUFK//&_ZZZDOWRVUHVHDUFKFRP_&RS\ULJKW$OWRV5HVHDUFK//&
<RXU/RFDO0DUNHW
V
0$5.(783'$7(
/$.()25(67&$

&XUUHQW5HDO(VWDWH0DUNHW&RQGLWLRQVIRU6LQJOH)DPLO\+RPHV
7UHQGVLQ3ULFLQJ
&XUUHQW/HYHOVRI6XSSO\DQG'HPDQG
9DOXH0HWULFV

5HSRUWIRUWKHZHHNRI
6HSWHPEHU

3UHVHQWHGE\<RXU/RFDO0DUNHW5HSRUWV




3RZHUHGE\$OWRV5HVHDUFK//&_ZZZDOWRVUHVHDUFKFRP_&RS\ULJKW$OWRV5HVHDUFK//&
&LW\2YHUYLHZ 6LQJOH)DPLO\+RPHVLQ


/$.()25(67&$

7KLV:HHN 5HDO7LPH0DUNHW3URILOH 7UHQG


7KHPHGLDQOLVWSULFHLQ/$.()25(67 0HGLDQ/LVW3ULFH  r
&$WKLVZHHNLV7KH $YHUDJH/LVW3ULFH 
SURSHUWLHVKDYHEHHQRQWKHPDUNHW $VNLQJ3ULFH3HU6TXDUH)RRW  n

IRUDQDYHUDJHRIGD\V $YHUDJH'D\VRQ0DUNHW 'R0  n

,QYHQWRU\RI3URSHUWLHV/LVWHG  nn

0RVW([SHQVLYH/LVWLQJ 
,QYHQWRU\LVWLJKWHQLQJDQGGD\VRQ /HDVW([SHQVLYH/LVWLQJ 

PDUNHWLVIDOOLQJ%XWGHPDQGDV $YHUDJH$JHRI/LVWLQJ 
PHDVXUHGE\WKH0DUNHW$FWLRQ,QGH[ 3HUFHQWRI3URSHUWLHVZLWK3ULFH'HFUHDVH 
LVDOVRWUHQGLQJGRZQ7KHPDUNHWLV 3HUFHQW5HOLVWHG UHVHW'20 
QRWJLYLQJVWURQJXSRUGRZQVLJQDOV 3HUFHQW)OLS SULFHLQFUHDVHG 
IURPWKHVHGDWD 0HGLDQ+RXVH6L]H VTIW 
0HGLDQ/RW6L]H VTIW
0HGLDQ1XPEHURI%HGURRPV 

6XSSO\DQG'HPDQG
0HGLDQ1XPEHURI%DWKURRPV 

$OWRV5HVHDUFK9DOXH6WDWLVWLFV
+RPHVDOHVFRQWLQXHWRRXWVWULS 0DUNHW$FWLRQ,QGH[ 6WURQJ6HOOHU
V  

VXSSO\DQGWKH0DUNHW$FWLRQ,QGH[ 7KH0DUNHW$FWLRQ,QGH[DQVZHUVWKHTXHVWLRQ+RZ
VWKH0DUNHW"E\PHDVXULQJ
WKHFXUUHQWUDWHRIVDOHYHUVXVWKHDPRXQWRIWKHLQYHQWRU\,QGH[DERYH
KDVEHHQPRYLQJKLJKHUIRUVHYHUDO LPSOLHVDVHOOHU
VDGYDQWDJH%HORZFRQGLWLRQVJLYHWKHDGYDQWDJHWRWKH
ZHHNV7KLVLVD6HOOHU
VPDUNHWVR EX\HU
ZDWFKIRUXSZDUGSULFLQJSUHVVXUHLQ
WKHQHDUIXWXUHLIWKHWUHQG 7UHQG.H\  6WURQJXSZDUGWUHQG nn 6WURQJGRZQZDUGWUHQG
FRQWLQXHV r 1RFKDQJH  6OLJKWXSZDUGWUHQG n 6OLJKWGRZQZDUGWUHQG

&KDUDFWHULVWLFVSHU4XDUWLOH

4XDUWLOH 0HGLDQ3ULFH 6T)W /RW6L]H %HGV %DWKV $JH ,QYHQWRU\ 1HZ $EVRUEHG '20

/HVVWKDQ
7RS)LUVW   VTIW        0RVWH[SHQVLYHRISURSHUWLHV


8SSHU6HFRQG   VTIW        8SSHUPLGGOHRISURSHUWLHV


/RZHU7KLUG   VTIW        /RZHUPLGGOHRISURSHUWLHV


%RWWRP)RXUWK   VTIW        /HDVWH[SHQVLYHRISURSHUWLHV

3DJHRI 0RQGD\6HSWHPEHU
6LQJOH)DPLO\+RPHVLQ
&LW\2YHUYLHZ

/$.()25(67&$

0HGLDQ3ULFH
7KHPDUNHWDSSHDUVWREHKRYHULQJDURXQGWKHVHFXUUHQWOHYHOV7KH0DUNHW$FWLRQ,QGH[LVDJRRGOHDGLQJLQGLFDWRUIRUWKH
GXUDELOLW\RIWKLVWUHQG

GD\$YHUDJH GD\$YHUDJH

4XDUWLOH3ULFHV
3ULFHVKDYHJHQHUDOO\VHWWOHGDWDSODWHDXDOWKRXJK4XDUWLOHLVRQDELWRIDQXSWUHQGLQUHFHQWZHHNV:H
OOQHHGWRVHHD
SHUVLVWHQWVKLIWLQWKH0DUNHW$FWLRQ,QGH[EHIRUHZHVHHSULFHVDFURVVWKHERDUGPRYHIURPWKHVHOHYHOV

)LUVW7RS 6HFRQG8SSHU 7KLUG/RZHU )RXUWK%RWWRP

3DJHRI 0RQGD\6HSWHPEHU
6LQJOH)DPLO\+RPHVLQ
&LW\2YHUYLHZ

/$.()25(67&$

3ULFHSHU6TXDUH)RRW
:KLOHSULFHVKDYHEHHQEDVLFDOO\IODWWKHSULFHSHUVTXDUHIRRWKDVEHHQKHDGLQJGRZQZDUG:KLOHQRWDVLJQRIEURDGVWUHQJWK
LQDPDUNHWODUJHUKRPHVDUHFRPLQJPRUHDYDLODEOHDQGEX\HUVFDQVHHPRUHKRPHIRUWKHLUPRQH\

GD\$YHUDJH GD\$YHUDJH

,QYHQWRU\RI3URSHUWLHV/LVWHGIRU6DOH
,QYHQWRU\KDVEHHQIDOOLQJLQUHFHQWZHHNV1RWHWKDWGHFOLQLQJLQYHQWRU\DORQHGRHVQRWVLJQDODVWUHQJWKHQLQJPDUNHW/RRNWR
WKH0DUNHW$FWLRQ,QGH[DQG'D\VRQ0DUNHWWUHQGVWRJDXJHZKHWKHUEX\HULQWHUHVWLVFKDQJLQJZLWKWKHDYDLODEOHVXSSO\

GD\$YHUDJH GD\$YHUDJH

3DJHRI 0RQGD\6HSWHPEHU
6LQJOH)DPLO\+RPHVLQ
&LW\2YHUYLHZ

/$.()25(67&$

0DUNHW$FWLRQ,QGH[
7KH/$.()25(67PDUNHWLVFXUUHQWO\TXLWHVWURQJO\LQWKH6HOOHU
V$GYDQWDJH]RQH JUHDWHUWKDQ 7KHGD\0DUNHW$FWLRQ
,QGH[VWDQGVDWLQGLFDWLQJYHU\OLWWOHVXSSO\UHODWLYHWRWKHGHPDQG

GD\$YHUDJH %X\HUV6HOOHUV&XWRII

0DUNHW$FWLRQ,QGH[SHU4XDUWLOH
1RWVXUSULVLQJO\DOOVHJPHQWVLQWKHPDUNHWDUHVKRZLQJKLJKOHYHOVRIGHPDQG:DWFKWKHTXDUWLOHVIRUFKDQJHVEHIRUHWKH
ZKROHPDUNHWFKDQJHV2IWHQRQHHQGRIWKHPDUNHW HJWKHKLJKHQG ZLOOZHDNHQEHIRUHWKHUHVWRIWKHPDUNHWDQGVLJQDOD
VORZGRZQIRUWKHZKROHJURXS

)LUVW7RS 6HFRQG8SSHU 7KLUG/RZHU )RXUWK%RWWRP

%X\HUV6HOOHUV&XWRII
5HVLGHQWLDOKRXVHSULFHVDUHDIXQFWLRQRIVXSSO\DQGGHPDQGDQGPDUNHWFRQGLWLRQVFDQEHFKDUDFWHUL]HG
E\DQDO\]LQJWKRVHIDFWRUV:DWFKWKLVLQGH[IRUVXVWDLQHGFKDQJHVLIWKHLQGH[IDOOVLQWRWKH%X\HUV
$GYDQWDJH]RQH EHORZ IRUDORQJSHULRGSULFHVDUHOLNHO\LQIRUDGRZQZDUGFRUUHFWLRQ

3DJHRI 0RQGD\6HSWHPEHU
6LQJOH)DPLO\+RPHVLQ
&LW\2YHUYLHZ

/$.()25(67&$

'D\VRQ0DUNHW
7KHSURSHUWLHVKDYHEHHQRQWKHPDUNHWIRUDQDYHUDJHRIGD\V+DOIRIWKHOLVWLQJVKDYHFRPHQHZO\RQWKHPDUNHWLQWKH
SDVWRUVRGD\V

GD\$YHUDJH GD\$YHUDJH

'D\VRQ0DUNHWSHU4XDUWLOH
,WLVQRWXQFRPPRQIRUWKHKLJKHUSULFHGKRPHVLQDQDUHDWRWDNHORQJHUWRVHOOWKDQWKRVHLQWKHORZHUTXDUWLOHV

)LUVW7RS 6HFRQG8SSHU 7KLUG/RZHU )RXUWK%RWWRP

3DJHRI 0RQGD\6HSWHPEHU

You might also like