NAR Chief Economist Lawrence Yun predicts home prices will rise in 8 of the next 10 years. Yun forecasts that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025 existing-home sales will increase to 5.05 million (up 13.2% from 2024). Time will tell if he is right. What is true is all real estate is local. Some neighborhoods have a lot of inventory and there are deals to be had. In other communities, inventory is low and prices are still at a premium. Contact us today for your Southwest Florida real estate needs - 239-370-0892. Matt Klinowski P.A. | Naples Golf Guy | Downing Frye Realty Here's to living the good life in paradise, Matt https://ow.ly/JCkX50RAjvP #realestatetrends #housingmarket #realestate #homeprices #homevalues #homebuying #homeselling #realestatemarket #realestateagent #mattklinowski #experiencematters #naplesgolfguy
Matt Klinowski’s Post
More Relevant Posts
-
AUGUST 2023 Real Estate market update: Santa Cruz, Santa Clara, and Monterey Counties. As a reminder I use median Single Family Home numbers for stats for price and averages for days on market reporting. At this time we are beginning to see rapid buyer acceptance of the current interest rate environment. Previously the market has seen drops in buyer confidence but more buyers decide to not wait for rates to change everyday. This is creating scenarios where prices are near all time highs in many markets. In Santa Clara county prices are now tracking at all time highs and do not see any slowing in the near future. What does this mean for you? - As a buyer make certain that you are being prepared for competition. Most desirable homes will receive more than one offer and you need to set yourself apart by being the most prepared buyer in the room. For sellers it’s the tale of two listings. Those who follow the plan and those who don’t. It has never been more important to execute every step of a listings plan. My plan included Preparation, Presentation, and Price. Each element must be managed and dialed in to ensure the best possible outcome for your listing. However when those come together I am seeing huge success in many different markets that I operate within. #pistolpeterealestate #santacruzcounty #montereycounty #santaclaracounty
To view or add a comment, sign in
-
Coldwell Banker West - DRE# 02111963 - (619)316-0703 An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early signs that more listings are coming. According to the latest data, new listings are trending up. Here’s a look at why this is noteworthy and what it may mean for you. More Homes Are Coming onto the Market than Usual It’s well known that the busiest time... #realestate #homeownership #homebuying
Are More Homes Coming onto the Market?
To view or add a comment, sign in
-
🌟🏠 #StuartFLRealEstate #MarketSnapshot #HousingData 🔍 December 2023 Real Estate Market Snapshot for Stuart, FL - Single Family Homes 📌 Average Sales Price holds steady at $771K - no change from last month! 🔄 📌 Median Sales Price sees a dip of 5% to $604K - a noteworthy adjustment for buyers 🔻 📌 Properties are selling a bit faster with Average Days on Market down by 4% to just 42 days ⏳ 📌 More homes to choose from with a 22% increase in Properties for Sale, totaling 107 🏡 📌 Months Supply of Inventory has grown significantly by 45%, now at 4.86 months 📈 Stuart's market shows a robust inventory, offering more options for buyers, while stable average prices suggest a balanced market. Great news for those looking to invest or find their dream home in sunny Florida! ☀️🌴 #RealEstate #StuartFlorida #HomeBuying #PropertyInvestment #MarketTrends
To view or add a comment, sign in
-
-
Ready for some juicy real estate news? We've got the latest scoop on what's been happening in Palm Coast. Here's a quick rundown of the key stats and trends: 🔹 Single-family homes: With a whopping 54 fresh options available, there's plenty to choose from! Although this week saw a slight decline in new listings compared to last week's 73, the total inventory stands at 774. That's two weeks in a row of inventory decline! 😯 🔹 Condominiums: Calling all condo lovers! There are a whopping 96 fantastic options waiting for you. 🔹 Contracts and sales: This week, 62 homes were accepted under contract, while 37 lucky individuals found their new dream home. 💰 Sales statistics: Curious about the prices? We've observed a wide range, starting from a reasonable $210k and soaring as high as an impressive $1,810M! The average sale price settled at a comfortable $483k. Talk about a wide range! 🗓️ Days on the market: The market saw a slight uptick with an average of around 86 days on the market. For the latest updates and insider news on the Palm Coast Real Estate market, make sure to like our page. We're here to keep you informed and guide you every step of the way. Need more info about your specific market? Reach out to us anytime! #LeadingByFaith #GuidingYouHome #PalmCoastRealEstate #REMAXAGENTS
To view or add a comment, sign in
-
-
Here is the latest news in the Palm Coast real estate scene! Here's a rundown of the key stats and trends: 🔹 Single-family homes: There are 80 fresh options available, providing plenty of choices for buyers. The total inventory currently stands at 798. 🔹 Condominiums: There are 103 fantastic options waiting for you. 🔹 Contracts and sales: This week, 58 homes were accepted under contract, and 53 happy new homeowners received their keys. 💰 Sales statistics: Prices vary widely, ranging from a reasonable $245k to an impressive $1.5M! The average sale price settled at a comfortable $452k. 🗓️ Days on the market: The average remains steady at around 86 days on the market. Stay up-to-date with the latest insider news and updates on the Palm Coast real estate market by liking our page. We're here to keep you informed and guide you every step of the way. If you need more information about your specific market, feel free to reach out to us anytime! #LeadingByFaith #GuidingYouHome #PalmCoastRealEstate #REMAXAGENTS
To view or add a comment, sign in
-
-
🏠 Stuart, Florida Real Estate Market Snapshot - November 2023 🌴 November brings a shift in the Stuart real estate market, with some key changes to note for single-family homes: 📉 Average Sales Price: $676K - A decrease of 19% 📉 Median Sales Prices: $600K - Down by 6% ⏱️ Average Days on Market: 41 - Reduced by 13% 🏘️ Number of Properties for Sale: 104 - Up by 29% 📅 Months Supply of Inventory: 4.16 - Increased by 54% While we're experiencing adjustments in pricing and a quicker turnover in properties, the inventory supply has grown substantially, indicating a market that's shifting gears. Are you wondering how these changes affect your home's value? 🤔 🌟 Exclusive Offer: Get a FREE home evaluation for your property in Martin or St. Lucie Counties. Understand your home's current value in today's market and make informed decisions! Let's navigate this dynamic market together. Contact me for expert insights and personalized advice. #StuartFLHomes #RealEstateTrends #MarketInsights #HomeEvaluation #FloridaRealEstate #PropertyValue #StLucieCounty #MartinCounty #InvestInFlorida Coldwell Banker Realty Coldwell Banker Coldwell Banker Commercial Anywhere Real Estate Inc. Florida Realtors
To view or add a comment, sign in
-
-
As we move into the Fall season here's a snapshot of all things Bernal real estate including recent home sales in Bernal, market metrics in the 94110 Zip, and Bernal homes for sale. 👉 #blogpost #bernal #bernalheights
Bernal Heights September Market Update
legacysfhomes.com
To view or add a comment, sign in
-
New month, new stats! 📈 This May we saw a yet another big rise in house prices. Median sales prices rose to $914,500, up from $900,000 in April. Days on market held rose slightly to 16 days, up from 13 days. Percent of list price stayed stable at 91.91%. Numbers of homes sold rose to 4398, up from 4142. This marks the 4th consecutive month of price increases. Back in January the median house price in LA County was $835,000. If you’ve been waiting all this time, you’ve missed out on $80K of appreciation. As always, please reach out any time if you have any questions! Call me or text me at 818-585-3422 or send me a DM! #larealestate #losangeles #realestate #larealtor #homesales #property #newhome #househunting #housing #firsttimehomebuyer #realestate #realtor #realestateagent #home #investment #realtorlife #dreamhome #numbers #luxuryrealestate #house #homesweethome #luxuryhomes
To view or add a comment, sign in
-
-
🏡 Curious about the current real estate market? Here are some key stats (for Duval, Clay, and St. Johns' counties) from the January 2024 market report: 📊 Median Sale Price: $374,150 🏡 New Homes Listed: 2,552 🤝 Homes Sold: 990 🏠 Months of Inventory: 5.0 (a seller's market!) ⏳ Average Days on Market: 58 With prices holding strong, low inventory, and homes selling relatively quickly, it's still a seller's market. But does that mean it's a good time to buy a home? 🤔 What do you think? Share your thoughts below! 🏠💬 Contact me today with your questions: 🏠Meochia Clayton, REALTOR®, SRES 💼Keller Williams Jacksonville Realty 🌐htttps://mclaytonre.kw.com 🌐https://lnkd.in/edDyukZZ ✉️mclaytonre@kw.com 📞(904)383-0874 #RealEstateMarket #HomeBuying #MarketTrends #florida #Jacksonville #realestateadvocate #homesales 🌐 Source: https://lnkd.in/eneBczhr
To view or add a comment, sign in
-
-
July 2023 Real Estate market update: Santa Cruz, Santa Clara, and Monterey Counties. As a reminder I use median Single Family Home numbers for stats for price and averages for days on market reporting. The economy seems to show signs of recovery as the real estate market begins to match all time@highs set during periods of low interest rates. That’s shocking because the expense of property ownership has increased by about 40% since the bottom of interest rates. This proves that buyers are beginning to accept higher rates as the new standard. Moral of the story - as a buyer or seller waiting for interest rates to swing below 5% will likely be a long wait. Prices are already rebounding with YOY increases. Time in the market is better than attempting to time the market. #pistolpeterealestate #santacruzcounty #montereycounty #santaclaracounty
July 2023 Real Estate... - Pete Eubank - Room Real Estate
facebook.com
To view or add a comment, sign in