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Marin County Real Estate Update: July 2024 🏠 Key Metrics: 📈 Median Home Price: Up 6% from Q1, now at $1.8M. 🏡 Sales: Increased by 22% due to more new listings in Q2. 📊 Inventory: New listings rose by 85%, meeting high buyer demand. Market Trends: 🔥 Buyer Demand: Strong, despite average mortgage rates of 7.0%, dipping to 6.89% after June’s jobs report. 🏷️ Seller Activity: Motivated sellers increased new listings by 85% quarter over quarter. June saw a 50% rise in price reductions compared to last year, indicating sellers adjusting expectations. 💸Price Adjustments: Price cuts on higher-end properties to align seller expectations with buyer affordability. Economic Factors: 💰 Interest Rates: Averaged 7.0% in Q2, slightly easing to 6.89%. 📈 Economic Confidence: Steady local employment and wage growth supported buyer interest and market activity. Future Outlook: 🔮 Stability Expected: Stable prices and inventory with a seasonal dip in activity towards the end of summer. Strong fundamentals indicate continued balance for buyers and sellers. Conclusion: 📅 July 2024: Highlights a resilient Marin County real estate market with rising home prices and strong buyer demand, maintaining a balanced environment as we move into the latter half of the year. Questions? We’re here for all your real estate needs! 🏠✨ Feel free to DM us for any inquiries! @evokerealestate 📧 #MarinCountyRealEstate #MarketUpdate #Marin #MarinCounty #MarinRealEstate #VisitMarin #MarinHomes #SFMom #MarinLove #LuxuryLifestyle #RealEstate #RealEstateAgent #LuxuryHomes #SF #SanFrancisco #MarinLocal

Latest Home Appreciation Rates for King and Snohomish County Cities The latest Case-Shiller report has similar appreciation rates of other reports. Average appreciation rates are near traditional norms at 6.00% per year. The latest Freddie Mac Index has a similar number for March at 6.6% appreciation. Here are some of the local market Year over Year increases: 1. New Castle 8.7% 2. Seattle 8.0% 3. Kirkland 15.6% 4. Redmond 8.00% 5. Bothell 4.7% 6. Woodinville 12.2% 7. Kent 11.6% 8. Burien 20.6% There was a large number of sales 9. Des Moines 14.4% 10. Skyway 33.1% 11. Bellevue 4.7% Keep in mind these are median value changes which can be skewed based on the mix of sales. Low sales numbers can cause wild swings in median values. #kingcountyrealestate #snohomishcountyrealestate #eastsiderealestate #bellevuerealestate #seattlerealestate #bothellrealestate #mortgageadvisor

Gold Coast Housing Shortage & Sunshine Coast Market Trends - Weekly Update Welcome to this week’s property market update with Leigh Martinuzzi! In this video, I discuss the severe housing undersupply on the Gold Coast, projected price increases, and what this means for the Sunshine Coast. Plus, get insights on current home loan trends and why buying established homes might be a smart move right now. 📊 Key Highlights: • Severe housing undersupply on the Gold Coast and projected price increases • Population growth and demand for new dwellings • Home loan approvals down slightly, but still up 18% year-over-year • Rising building costs and their impact on the market • Advantages of buying established homes Stay informed and get the latest updates on the Sunshine Coast property market! 🔔 Subscribe for more updates and insights on the property market! Looking to sell in 2024? Now is the perfect time to start planning for your SPRING sale. Schedule a FREE ctonsulation with Leigh today - click here 👉https://bit.ly/3Mf75K2 #RealEstate #PropertyMarketUpdate #SunshineCoast #MarketTrends #HomeBuying #InvestmentStrategies #LeighMartinuzzi

Markets to Watch: Top Markets at Risk of Home Price Decline The CoreLogic Market Risk Indicator (MRI), a monthly update of the overall health of housing markets across the country, predicts that Palm Bay-Melbourne-Titusville, FL (70%-plus probability) is at a very high risk of a decline in home prices over the next 12 months. Atlanta-Sandy Spring-Roswell, GA; Spokane-Spokane Valley, WA; Deltona-Daytona Beach-Ormond Beach, FL and Greenville-Anderson-Mauldin, SC are also at very high risk for price declines. #homeprices #florida #california #realestate #realestatemarket #housingmarket

🔥 What’s Fueling Saskatchewan’s Red-Hot Housing Market 🔥 📈 November 2024 delivered the Province’s second-highest sales volume for the month EVER—1,179 homes sold! That’s an 18% increase from last year and a massive 27% above the 10-year average. Even more impressive? This marks 17 consecutive months of above-average sales! As 2024 wraps up, homebuyers are caught in a high-stakes game. Demand is soaring, but inventory is shrinking. With levels 23% lower than last year and 45% below the 10-year average (the lowest since 2007), competition is fierce! Picture this: fewer homes, tighter bidding wars, and prices steadily climbing. It’s a dream for sellers—but a challenge for buyers. 🧐 What’s driving this frenzy? A perfect storm of strong demand and limited supply. November’s benchmark home price hit $338,400, down slightly from October, but still 5% higher than last year. Here’s a snapshot of regional highlights: ➡️ Saskatoon: Sales up 21%, but just two months of supply left—talk about tight! ➡️ Regina: 14% sales boost year-over-year, with inventory nearly 50% below the 10-year average. ➡️ Moose Jaw: Home prices soared +11%, the highest growth across the province. Are you navigating this competitive landscape as a buyer? Or making moves as a seller? Drop your thoughts below! Let’s talk about what’s next for Saskatchewan real estate. 👇 Dean Phillips REALTOR® Royal LePage® Varsity 639.999.1414 #realtor #realestate #saskatchewan #november #forsale #sold

About 25% of the US public think that there will be a correction with home prices in the near term. All real estate is local and that may be true for some small pockets, but overall inventory remains extremely low and new construction housing starts are not nearly keeping up with demand. In the Western Suburbs of Chicago, prices continue to rise. SUPPLY AND DEMAND! If interest rates would ever do any significant drop, there could be a whole new floodgate of buyers waiting. You know what that equation would do to prices.

Good Morning! Last week the National Association of Homebuilders released their index of Home Builder Sentiment for April and it remained flat at 51 as higher rates hurt future sales expectations just a bit. While the overall index remained flat, current sales expectations increased by just 1 point, future sales expectations decreased by 2 points and buyer traffic inched up by just 1 point. Demand has picked up given the typically active Spring Season, but sentiment is still negative enough where deals can be had!! DM for more info or for a preapproval!! #floridamortgageauthority #homeloans #realestate #florida #sarasota #tampa #orlando #floridaveterans

As the seasonal summer home-buying frenzy calms, Fort Worth median home prices rose to $340,000, a 2.1% year-over-year increase. Tarrant County’s median home prices showed little growth and remained flat, consistent with last year, with a 0.6% decline. Read the full housing report at https://lnkd.in/dk5S3M9R. #HousingReport #REALTOR #FortWorth #TarrantCounty #JohnsonCounty #ParkerCounty

🏡 My January 2025 Kelowna Real Estate Market Update is now out! 📊 ✨ Key Highlights: Single-Family Homes: Sales up 40.4% YoY 📈 | Median Price: $970,000 (+2.1% YoY) Condos: Sales up 53.3% YoY 📈 | Median Price: $432,000 (-1.8% YoY) Townhomes: Sales up 37.93% YoY 📈 | Median Price: $645,000 (steady) 💡 Inventory remains higher than last year but has dipped seasonally. Affordable homes with suites are in high demand, and condos near UBCO may attract buyers as prices stabilize. 🏢✨ 📉 Mortgage rates forecast: Gradual declines ahead in 2025, improving affordability! 📑 Speculation Tax Expansion: Impacts Lake Country, Vernon, West Kelowna & others. 🚪 Buyers' Market for now, but activity is picking up fast—don’t wait too long! Full Report : https://lnkd.in/g4gBNtJE 📞 Let’s Chat: Trish Cenci | Coldwell Banker Horizon Realty 🌐 www.TrishCenci.com | 📲 250-864-1707 #KelownaRealEstate #RealEstateMarketUpdate #RealEstate