Founders Title LLC’s Post

🏡📉 Despite a slight dip in profit margins, homeowners are still seeing impressive returns when selling their homes, with typical profits hovering just below all-time highs. In ATTOM’s latest report, sellers earned a 55.6% profit margin on average in Q3, proving that even in a slowing market, it’s still a great time to sell! Want to know how these trends could impact your sale? Check out the full breakdown and find out what’s driving these high returns—while they last. 💵✨ #HomeSelling #RealEstate #HousingMarket #SellerProfits #MarketTrends

🏡📉 Despite a slight dip in profit margins, homeowners are still seeing impressive returns when selling their homes, with typical profits hovering just below all-time highs. In ATTOM’s latest report, sellers earned a 55.6% profit margin on average in Q3, proving that even in a slowing market, it’s still a great time to sell! Want to know how these trends could impact your sale? Check out the full breakdown and find out what’s driving these high returns—while they last. 💵✨ #HomeSelling #RealEstate #HousingMarket #SellerProfits #MarketTrends

🏡📉 Despite a slight dip in profit margins, homeowners are still seeing impressive returns when selling their homes, with typical profits hovering just below all-time highs. In ATTOM’s latest report, sellers earned a 55.6% profit margin on average in Q3, proving that even in a slowing market, it’s still a great time to sell! Want to know how these trends could impact your sale? Check out the full breakdown and find out what’s driving these high returns—while they last. 💵✨ #HomeSelling #RealEstate #HousingMarket #SellerProfits #MarketTrends

Market maintains momentum despite more tentative top-end, Rightmove The housing market remains stable with strong buyer demand and steady sales, despite a slight drop in new top-end sellers since the election announcement, reports Rightmove.

It’s (still) all about home prices. Inventory is up, but much of it is stale, while flattening rents are keeping renters in their homes longer. #realestatenews #realestate #rentvsbuy #housingmarket #realtortips

Greater availability of homes for sale should keep price rises in check in 2024, Zoopla has predicted. The average estate agent had almost 30 homes for sale in Q1 2024, a return to the pre-pandemic average. Zoopla said this means buyers have more choice and room to negotiate, especially where homes are failing to attract buyer interest in a timely manner. Rising household disposable incomes are expected to be the primary driver of improved housing affordability in 2024, as disposable incomes are projected to increase by 3.5% over 2024, while house prices look set to remain broadly flat over the year. Richard Donnell, executive director at Zoopla, said: “We don’t believe that house prices are about to increase more quickly but there is more buyer interest. “Sellers need to remain realistic on where they set the asking price if they are to take advantage of improving market conditions to secure a sale and move home in 2024” Jimmy Baillie #realestate #property #parking #markets #ukproperty #brokers #realestate #businessproperty #ukbusiness #buysell #rentalhome #chinaproperty

The once-hot housing market is showing signs of cooling. With a surge in price cuts and a growing number of homes lingering on the market, buyers are taking a more cautious approach. Prices Retreat, Inventory Rises Median home prices have dipped, and the share of homes with price cuts has reached a two-year high, surpassing pre-pandemic levels. #IndustryUpdate #sellingtips

Housing inventory is rising. This should be welcomed news. In order for #housing inventory (the stock) to increase, the pace of home sales must either decrease or new listings - the flow of homes newly listed on the market each month - must increase or both. The typical home still sells faster than the historical pace. The median age of inventory is rising but remains lower than before the pandemic. We just got used to a much higher pace than normal. The housing market is still just ‘normalizing’. This is a move towards better balance between buyers and sellers.

August 2024 Housing Market Update: Inventory Soars, Prices Adjust August saw a 35.8% rise in listings and a 1.3% drop in median home price. Homes are on the market longer, with more price reductions.

Seeing headlines that the median price of a home has dropped? It's easy to assume that means home prices are falling. But that’s not the case. While median prices have dipped, that's because smaller, less expensive homes are hitting the market—and that’s impacting the mix of sales and driving the median down. A closer look shows prices are still rising nationally. Have questions? DM me. #homeprices #homevalues #jasonnycrealtor #nycrealestate #nyc #queens #brooklyn #queensrealestate #brooklynrealestate #buy #sell #invest #rental