Comparing the first 45 days of ’08 with ’09, JP sales are down 50%. From 1/1/08 – 2/15/08 JP had 30 sales according to MLS (condos, single-family and multi-family) for the same period in ’09 it was down to a total of 15 sales.

The large drop could be beacuse buyers were waiting to hear about President Obama’s housing stimulas program. The second reason could be we’re in a Recession

Has anyone visited any Sunday open houses in JP?

By the end of the 1Q in 2009 we will have a better picture of the JP housing market.

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