Cohousing-L Mailing List: Re: sales and vacancies - information

[Sharon Villines (sharon]

On 15 Feb 2012, at 7:21 AM, Liz Ryan Cole wrote:

> The reason I ask is that a local bank (yes Pinnacle Cohousing in Lyme, NH is 
> looking at construction loans) has asked us how secure their loans will be.  
> We still have local banks here (yea) and one option they offer is portfolio 
> loans (where they not only write the loan, and service it, but they don't 
> sell it on the secondary market).

I haven't seen collection of data but all reports here are that resales are 
equal to or higher than surrounding markets.

One place that you can start on comparison resales is Zillow:

http://www.zillow.com/homes/for_sale/

Zillow lists the history of sales for units and the surrounding market. 
(WARNING LABEL: This website is addictive to sensitive personalities.)