Montreux Real Estate Report: February 2009

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TUESDAY, FEBRUARY 24, 2009

Sales Update February 2009

In the February 9th issue of Portfolio magazine, Economist John Cassidy writes ... "There's a risk we may again overshoot the mark: As the economy goes down, we could be overemphasizing the negative just as we exaggerated the positive on the way up. By the end of this year, if all goes well, there could be tentative signs of an upturn."

Real estate sales in MontrĂȘux have definitely picked up during the first 60 days 0f 2009. Currently there are 5 pending sales in Montreux: 2 Renaissance homes, 1 Custom home, 1 Chalet, and 1 Custom Lot. This is a significant increase in sales activity from the previous quarter.
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