December 11, 2012
Here’s the November monthly installment for year to date completed real estate sales on Lake Vermilion.
(The black line represents 2012 year to date completed sales.)
It looks like 2012 will finish in a respectable 2nd place. It appears there is inadequate momentum to sprint with 2005-like energy through the final two months of the year. Unless December produces some expedited holiday season surprises it would be reasonable to expect that 2012 will show a continued recovery with a near a pre-recession pace.
If that’s the case, we’ll take it.
Stop back for one more 2012 report. Happy Holidays!