Manalapan is a small slip of a town in South Florida with just over 400 year-round residents, around 70 lots, and not much else. Most people, even some who live in nearby Miami, have never heard of it. But among those in the know—including Billy Joel and Tony Robbins—interest in moving to Manalapan has skyrocketed since the COVID-19 pandemic, local realtors and residents say. Unlike those moving to other parts of Florida, though, new Manalapan residents are much more likely to be billionaires, thanks to the town’s expansive oceanfront estates, relative privacy, and outsized listing prices. Estates are currently listed for up to $80 million with a median price of $16.8 million, but the typical home value was around $4.3 million in April, according to Zillow, making Manalapan one of the most expensive places to live in the country. Read more: https://lnkd.in/eQG-GeN7
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How does the fall season affect the real estate market?🏡🌴🌞 𝘽𝙪𝙮𝙚𝙧 𝙖𝙣𝙙 𝙎𝙚𝙡𝙡𝙚𝙧 𝘼𝙘𝙩𝙞𝙫𝙞𝙩𝙮: In contrast to the typical fall downturn in real estate transactions observed nationwide, Florida's market tends to remain more robust. The state's enduringly mild climate is a significant draw, appealing to purchasers eager to sidestep the sweltering summer temperatures. 𝙄𝙣𝙫𝙚𝙣𝙩𝙤𝙧𝙮 𝙇𝙚𝙫𝙚𝙡𝙨: In Florida, the inventory of available homes has seen a notable rise, offering a greater selection to prospective buyers than in past years. This upward trend in property availability has persisted into the autumn season, affording a wider array of choices for those looking to purchase a home. 𝙋𝙧𝙞𝙘𝙞𝙣𝙜 𝙏𝙧𝙚𝙣𝙙𝙨: The housing market in Florida is exhibiting signs of equilibrium, with the median prices for both single-family homes and condominiums experiencing stabilization or a marginal decline as of September 2024. This trend suggests a favorable opportunity for prospective buyers to explore the market for potential bargains. 𝙎𝙚𝙖𝙨𝙤𝙣𝙖𝙡 𝙍𝙚𝙨𝙞𝙙𝙚𝙣𝙩𝙨: Florida is a popular destination for seasonal residents, commonly known as "snowbirds," seeking refuge from the cold northern winters. As a result, the demand for rental properties and homes typically rises in select regions throughout the autumn and winter seasons. Questions? Reach out to us anytime. THE SWFLA TEAM Jennifer Samuels Edward Lukasik Jr Mobile: 239-450-4675 Mobile: 630-768-5175 Email: jennifer.samuels@comcast.net Email : sellwithedjr@wearepros.com RE/MAX Affinity Mercato 877 91st Ave N, #2 Naples FL 34108 www.TheSWFLATeam.com #TheSWFLATeam #ReMaxAffinityMercato #ReMaxAgent #FloridaRealEstate #NaplesHomes #NaplesFloridaRealEstate
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📈 August 2024 South Florida Market Update! 🌴🏡 Curious about the latest trends in Boca, Parkland, and Coral Springs? New listings are up, homes are taking a bit longer to sell, and interest rates have dropped to the low sixes/high fives! Now's the time to reassess your real estate plans. Whether you're buying or selling, pricing your property correctly is key. Need guidance? The Mandel Team is here to help! 📞 #TheAgentYouWorkWithMatters #HousingMarketUpdate #SouthFloridaRealEstate #SouthFloridaHousingMarket #HousingMarket #SouthFlorida #RealEstate #HousingMarketUpdate #TheMandelTeam #EXPRealty
South Florida housing Market Update [August 2024]
floridahomefinder.com
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🔥 **Could Wildfires in Los Angeles Impact Houston’s Real Estate Market?** 🔥 Los Angeles is seeing a challenging rise in rental markets, with experts predicting an 8% or higher increase in rents due to ongoing wildfires and an already severe housing shortage. This highlights the growing demand for housing in major metro areas and raises an important question: Could Houston experience similar trends? Houston’s real estate market has long been more affordable and accessible compared to L.A., but with rising migration patterns and housing demands across the United States, now might be the perfect time to assess your options. If you’ve been considering buying, selling, or investing in Houston real estate, this might be a pivotal moment to act before market pressures shift further. 🏡 Whether you’re looking to find your dream home, diversify your portfolio, or sell at the best value, **The Alam Group** is here to guide you every step of the way. With unparalleled knowledge of the local Houston market, we’re committed to making real estate easy for you. 📩 **Let’s Talk!** Reach out to us for expert advice and tailored real estate solutions. --- #TheAlamGroup #TevasRealEstateGroup #HoustonRealEstate #RealEstateInvesting #MarketTrends #HoustonHousing #DreamHome
Los Angeles fires could push up rents across the city by 8% or more, expert warns
morningstar.com
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4 Best California Suburbs To Buy Property in the Next 5 Years, According to Real Estate Experts Exciting to see that Folsom was the only city in Northern California to make this list! Check out the details here! https://lnkd.in/gteX4guq #RealEstate #California #PropertyInvestment #Folsom #Suburbs
4 Best California Suburbs To Buy Property in the Next 5 Years, According to Real Estate Experts
finance.yahoo.com
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Selling your home can feel like navigating a complex maze with unexpected turns at every corner, especially in a charming small town like Dunlap, TN. But just like any maze, knowing the right paths can make all the difference. 🧭 With years of experience in the real estate industry, focused on helping people settle into the unique rhythm of small-town life, I've seen many sellers bogged down by regulations, market confusion, and unforeseen pitfalls. Here's a simple guide to ensure you sell your home, not your peace of mind: 📜 Know the Regulations: Small towns may have specific zoning laws or historic district stipulations. Familiarize yourself, or partner with someone who's already got the playbook. 🔍 Disclosures Are Your Friend: Honesty isn’t just moral; it's also legal. Disclose any known issues with the property upfront to avoid legal troubles down the line. 🎯 Price It Right: Small towns aren’t big cities. Understand the local market dynamics to list your home at a price point that’s fair and competitive. 📢 Market Smart, Not Hard: In small towns, word of mouth is gold. Combine traditional marketing with community networking to find the right buyers. 🔗 Use a Local Expert: Navigating small-town real estate can be tricky. A local expert can connect the dots between regulations, market conditions, and potential buyers. Whether you’re upsizing, downsizing, or just looking for a change of scenery, remember that small town doesn't mean small opportunities when it comes to the real estate market. Dunlap dwellers and future residents, what's one thing you wish you’d known before buying or selling a home in a small town? Let's make this a treasure trove of shared wisdom! 🌳💡 #RealEstate #SmallTownLiving #HomeSelling #DunlapTN
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Asking #rents are rising again in Southeast Florida after last year's downturn. The median #multifamily asking rents rose from the prior month in March 2024 in the counties of #MiamiDade (1.8%), #Broward (1.9%), #PalmBeach (4.3%), and #Martin (4.8%), although the asking rent fell in St. Lucie (-2.5%). The #MiamiDade market area is undergoing intense #construction activity, with 24,000 units under construction, or 19% of inventory. Another 18,000 units are under construction in #FortLauderdale and #PalmBeach, adding 10% to inventory. #Affordability conditions, #job growth, #migration are driving SE Florida's multifamily and single-family rental market. Check out the March 2024 report at https://lnkd.in/eTjzaK9M Miami Association of Realtors MIAMI Commercial BROWARD-MIAMI, a Division of MIAMI REALTORS® JTHS-MIAMI, a Division of MIAMI REALTORS® Young Professionals Network (YPN) Miami Rental Beast
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If you’re interested in investing in the South Florida rental market , check out our report. #absorption rates rose in April 2024 and the median asking #rents picked up in #vacation home and #affordable markets in April 2024 in the Southeast #Florida. After declining in the second half of 2023, #multifamily asking rents held at their current levels in April from the prior month in #MiamiDade, #Broward, #PalmBeach and #MartinCounty. However, multifamily #asking rents rose in zip codes associated with cities that are #vacation markets: #HobeSound (10.3%), North #PalmBeach (8.7%), #Boynton Beach (8.2%), Palm City 4.0%), Jupiter (3.4%), and #Boca Raton (2.8%). With #renters looking for #affordable homes, markets where the median asking rents of the zip codes were below $2,500 saw strong rent growth such as #Stuart (2.3%), #DelrayBeach (2.3%), #Homestead (1.3%), and #LakeWorth (0.6%). Asking rents are likely to continue to pick up in the affordable Class B/C apartments even with significant construction underway (Class A which where the median rents will be higher). Check out the report in the link below. I've included lots of historical zip code level data from rental listings on the #MIAMI #MLS and Rental Beast (non-MLS data). Miami Association of Realtors MIAMI Commercial #miamiforwardfocus #miamiforwardthinking
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Discover the Hottest Communities in Houston for Q4 2024! The Houston Association of Realtors (HAR) has just released its list, spotlighting areas with booming real estate activity. At the top is Hockley, with a jaw-dropping 211.8% surge in home sales, mainly driven by affordable new constructions. From charming suburban areas like Dickinson to luxury markets such as River Oaks, these neighborhoods are offering a range of options for every buyer. Want more insights on affordability, new construction trends, and which areas topped the list? Don't miss out on the full report! ✨ #HoustonRealEstate #AffordableHousing #LuxuryLiving #NewConstruction #HARReport2024
HAR Reveals the 10 Hottest Communities in the Houston Area for Final Quarter of 2024
myneighborhoodnews.com
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Snohomish County Snohomish County single-family home prices saw a healthy 7% annual increase in June, though they were flat month over month ($830,000 in June versus $828,000 in May). Slowing price growth often comes with rising inventory, and by June 30 the number of active residential listings was up 38% year over year and 21% month over month. Let’s chat about how these shifting market dynamics may affect your real estate goals. Andrew Macgillivray Broker ~ Windermere / East, Inc C | (425) 931.7602 E | andrew.macgillivray@windermere.com #Windermere #allinforyou #Wearewindermere #realestate #seattlehomesforsale
Snohomish County Market Stats
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Some real good information and insight on the South Florida residential rental community.
If you’re interested in investing in the South Florida rental market , check out our report. #absorption rates rose in April 2024 and the median asking #rents picked up in #vacation home and #affordable markets in April 2024 in the Southeast #Florida. After declining in the second half of 2023, #multifamily asking rents held at their current levels in April from the prior month in #MiamiDade, #Broward, #PalmBeach and #MartinCounty. However, multifamily #asking rents rose in zip codes associated with cities that are #vacation markets: #HobeSound (10.3%), North #PalmBeach (8.7%), #Boynton Beach (8.2%), Palm City 4.0%), Jupiter (3.4%), and #Boca Raton (2.8%). With #renters looking for #affordable homes, markets where the median asking rents of the zip codes were below $2,500 saw strong rent growth such as #Stuart (2.3%), #DelrayBeach (2.3%), #Homestead (1.3%), and #LakeWorth (0.6%). Asking rents are likely to continue to pick up in the affordable Class B/C apartments even with significant construction underway (Class A which where the median rents will be higher). Check out the report in the link below. I've included lots of historical zip code level data from rental listings on the #MIAMI #MLS and Rental Beast (non-MLS data). Miami Association of Realtors MIAMI Commercial #miamiforwardfocus #miamiforwardthinking
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