Mike Copeland: opening of the Aloft hotel; Carrefour wire; Door-to-door sales are buzzing; PPP loan cancellation | News from local businesses


Door-to-door sales are buzzing

Home sales continue to impress in Waco, pandemic or not. Ashton Gustafson, of AG Real Estate & Associates, shows that 330 homes were sold last month in the Waco Multiple Listing Service area.

That’s almost 10% more than the 302 sold in September of last year.

The average sale price last month was $ 249,815, well above the norm of $ 215,050 last year. The average number of days on the market for homes sold last month was 52 compared to 63 in September last year, according to Gustafson’s report, which he made available to the Tribune-Herald.

Homes sold last month at 97.7% of the list price, up from 96.6% last year.

The total dollar volume of homes sold was $ 82.4 million, “which is down 19.8% from the previous August, but up 26% from September 2019,” Gustafson wrote in his analysis.

He said mortgage rates remain at record highs, but stocks remain difficult, if not scarce, in most pricing sectors.

Franchise recognition

Local franchise moguls receive national attention.

Central Texan Gary Findley, who has helped launch or lent his expertise to several franchise concepts, including Curves International, has been named a panelist for Palm Beach Atlantic University’s franchise ‘dream team’ who will appear in their upcoming series Hot Seat Web Franchise.

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