Only time will tell. If you had asked me 4 months ago if I would be buying gas in December for $1.38 a gallon I would have wondered about your sanity. Now . . .

Yes, The last three days of the month usually brings about 20% to 25% of closed transactions. It has to do with when most people want to close and the time lag before they have to make their first monthly payment.

December is also the last month of the year and there are a lot of closing scheduled for the last couple days of the year.

If December is even close to a typical month there should be somewhere between 650 and 750 closed transactions for the month.

I just checked and even today on a Sunday there were 7 transaction entered into the system. I’ll be posting in the right sidebar the daily updates. We often see closings for the previous month being entered up to two weeks after they close.

There is a $250 penalty for each closing entered after the deadline established by the Tucson MLS, even so there are usually 15 to 20 closings which are late entries into the system.

A great New Year and a prosperous 2009 to you as well.

Thanks for your kind words about the blog. It helps keep me writing.

Dave

If there were 635 closings in November & there are 551 thus far in December, are there really that many at the end of the month to make December look better than November at this time?

Best wishes for the New Year and I appreciate your Blog.

Chris

Chris

I am (hoping) optimistic that the second quarter will be the time that the markets begin to change and there will be confidence back in the market again

I definitely think that will be the turning point for the stock market after the bad first quarter earnings.

Hoping the real estate market will do the same.