Real Estate Market Trends

LOOK! WHAT'S UP in the latest news in the US real estate market for April 2024? Check here for the always updated topics and full stories that real estate experts are talking about. See the latest information on real estate issues. What is the latest on Mortgage Rates, Home Prices, Home Makeovers, Finding Money For Down Payment and more? See the answers here and for more great stories from multiple sources including Realtor.com: Real Estate News from Realtor.com (Photo Looking Up: 6335169, Pixabay)What's Up in Real Estate?What is UP and rising to the TOP with future of housing in the US and other real estate industry news?Top Headlines and Stories for this month from Real Estate News from Realtor.com and other sources (See Links to the FULL Stories)1.  Leaving Los Angeles For Arizona 2.... 04/23/2024

Market Trends For Waterbury CT's West End Side, Zip 06708  April 23, 2024The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 19 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $304,769 with average days in market of 73. There are also currently 17 properties under pending status and 22 properties under hard deposit contracts.For the year 2023 there were 257 closed listings in the 06708-zip code of Waterbury with an average sales price of $277,154 and average days on market of 38.  In addition, the closed properties sold at 100% of list.This suggests an... 04/23/2024

Market Trends For Waterbury CT's East End, Zip 06705 April 23, 2024 The East End of Waterbury CT is highly residential and is also the preferred side of town for people that need to commute to Hartford. Many fine neighborhoods encompass the East End such as Fairlawn, Pierpont and East End. There are currently 11 active listings in the 06705 zip code with the average value of the homes for sale in Waterbury's 06705 zip code available for sale is $254,963 with average days in market of 11. Also, there are currently 13 properties under a pending status contract or hard deposit. For the year 2023 there were 159 closed listings in the 06705 zip code of Waterbury with an average sales price of $241,209 and days on market of 38.  The homes also sold at an average of 101% of list price. Through... 04/23/2024

The Wisconsin Woodland Report April 2024 Barron County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties           Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $199,900 25.24 $7,920 1578730 Active Oak Grove Barron $225,000 32 $7,031 1553463 Active-W/Offer Cameron Barron $225,000 34.9 $6,447 5762281 Active Cameron Barron $340,000 79 $4,304 1578184 Active-W/Offer Clayton Barron $399,990 81.85 $4,887 1580615 Active Cameron Barron $399,990 81.85 $4,887 6509822 Active Chetek Barron $1,340,000 242 $5,537 1580595 Active Cameron Barron $1,340,000 242 $5,537 6509515 Active Sumner Barron $1,739,990 324 $5,370 1580624 Active Cameron Barron $1,739,990 324 $5,370 6509874 Active Chetek Barron $2,600,000 34.22 $75,979 156809... 04/24/2024

Many ask the question, do home sellers and home buyers really use real estate agents? Well the numbers are in! The overwhelming majority of home buyers and sellers choose to work with a real estate agent. Why is that? Real estate agents help consumers successfully navigate one of life’s most expensive and impactful transactions—providing invaluable advocacy, support, and expertise.Sellers need an agent who can market their property to the widest range of buyers available and work tireless in their best interest. A buyer broker is needed for success in a transaction with their fiduciary responsibility aligned with the buyer. Fair Housing is important and both sides need representation to be in compliance for a home purchase transaction.Prioritizing my client’s needs is my utmost commitme... 04/24/2024

On April 17, 2024, California Association of Realtors (C.A.R) reported that condo and town-homes values increased 2.3% to an average price of $675,000 in March of 2024 from an average price of $660,000 in February of 2024, and gained 5.5% from $640,000 in March of 2023. While, condo and town-homes sales jumped 16.4% in March of 2024 from February of 2024, but declined 3.9% from March of 2023 in California.There were 2.6 months supplies of available inventory of condo and town-homes in March of 2024, down from 2.9 months in February of 2024, but up from 2.0 months in March of 2023 in California.An average it took 18.0 days to sell a condo and town-home in March 2024, lower from 21.0 days in February of 2024, and dropped from 22.0 days in March of 2023 in California.For complete more deta... 04/23/2024

04/22/2024

On April 8, 2024, Realtor.com reported that in Studio City, California median list price was $1,985,000 in March of 2024 higher from $1,982,500 in February of 2024, and jumped 15.0% from $1,895,000 in March of 2023. While, median sales price for a home and a condo was $1,700,000 in March of 2024, dropped 13.0% from March of 2023 in Studio City, California.Houses stayed 45.00 days in the market in March of 2024 gained from 43.00 days in February of 2024, and increased from 38.00 days in March of 2023 in Studio City, California.The median listing price per square foot of a home and a condo was $833.00 in March of 2024 rose from $790.00 in February of 2024, but lower 3.0% from $662.00 in March of 2023 in Studio City, California.For complete more detailed information about Realtor.com’s lat... 04/22/2024

Residential Houses For Sale in Aston, Delaware County, PA as of April 22, 20248 Active ListingsPrice Range $125,000 - $999,50029 Houses Under Contract/Pending Sale Sold in Aston in March 2022 2023 2024 # Sold 17 16 8 Average Days on Market 16 13 23 Minimum Price Sold $170,000 $101,500 $190,000 Maximum Price Sold $405,000 $460,000 $749,900 Median Price Sold $250,500 $322,500 $397,000 (info Bright MLS various brokers/agents)Aston PA is part of the Penn-Delco School District. 04/22/2024

Brookhaven is a borough in Delaware County, PA that is part of the Penn-Delco School District, offers.  Brookhaven offers a variety of housing situations from Senior Communities to single detached houses. There is a very vibrant shopping area complete with a few grocery stores, fitness center and restaurants.  Major highways are close by, as well as access to Public Transportation. Brookhaven PA 2021 2022 2023 Number SOLD 200 127 121 Average Days on Market 14 13 11 Minimum Price Sold $45,000 $48,000 $113,000 Maximum Price Sold $420,000 $485,000 $450,000 Median Price Sold $244,500 $285,900 $302,900 (info Bright MLS various brokers/agents)Brookhaven PA is part of the Penn-Delco School District 04/22/2024

Florida's once-booming condo market is now grappling with a crisis that has left many retirees who helped shape the state's prosperity, facing uncertain financial futures. Some retirees epitomize this struggle, having invested in their dream retirement in Florida, only to find themselves questioning its affordability. Countless Floridians feel disillusioned by the escalating costs that have tarnished the state's once idyllic allure.The surge in homeowners insurance costs, soaring homeowners association (HOA) fees, and stringent condo regulations have transformed Florida's real estate landscape. For example in a condo like the Continuum the HOA fees are at $2.50/sqft/month.  What felt like Florida was such a paradise... now feels like it’s paradise lost now. This sentence encapsulates th... 04/22/2024

If you want to live outside of Philadelphia, consider living in Delaware County.  It has public transportation into the city, close to the Jersey shore, close to the State of Delaware, and has access to major roads that can take you many places for work or adventure.  Delaware County itself has a lot to offer as well, history, various communities with parks and cultural events, great restaurants, and on and on. Delaware County PA 2021 2022 2023 Number SOLD 8269 7003 5584 Average Days on Market 21 21 22 Minimum Price Sold $10,000 $7,000 $1,875 Maximum Price Sold $6,300,000 $5,750,000 $4,450,000 Median Price Sold $272,000 $299,500 $315,000 (info Bright MLS various brokers/agents)55+ Communities in Delaware County PAAre You Really Ready To Buy A Home?  04/22/2024

Hallandale Beach FL Condo Luxury Market Trend March 2024 6 Closed Sales120 days to close.64 active properties to choose from6 new Listings6 Pending Sales Let's talk pre-construction versus existing inventory:  #Oasis - a Luxury Residence EmergesDesigned by #ArquiteconicaArquitectonica - Award-winning global architecture, landscape architecture, interior design and planning firm.Corner 2-story Penthouse 125th floor - West Tower - North/South view4 bedrooms 4 1/2 baths4,650 square feet $4,650,000 - I will introduce you to Norma to lock in this! Corner 2-story Penthouse 325th Floor - West Tower - South view3 bedrooms3-1/5 baths3,327 square feet$3,493,350 - I will represent you as the buyer!250 residences in each tower95,000 s f of commercial spaceAsk me about the 22 amenities and services ... 04/22/2024

The US Housing Market: Heading Toward Recovery or Ruin? Kevin Erdmann shares a dire message about the future of the US housing market and the two paths it might take forward.What To Expect From The 2024 Housing Market Please remember to "like" the post and the video on YouTube too! Thank you. 🏡  Link to all homes for sale in Tallahassee 📺 Subscribe To The Joe Manausa Real Estate Channel and Get More Housing Market Reports, Listings, Real Estate Marketing Tips, and answers to your frequently asked questions. 📘 Get the DIGITAL MARKETING BOOK Written by a Realtor for Realtors! 04/22/2024

Aloha, this is David Buck with Harcourts Island Real Estate and today we're going to cover the local market update for single family homes and condos on Oahu for the month of March, 2024... Read More 04/21/2024

Feature Photo: 1300 Sparrow Lane, Austin, TX 78734, For SaleI'm pretty sure that Buyers, Sellers and Realtors all share in the consensus that the Austin-Round Rock Housing Market is currently frustrating as it continues to "tread water" after last year's decline.For Buyers looking for a mortgage, Interest Rates have been rising again since the beginning of April with this week's close of the 30 yr. fixed rate just below 7 1/2%, according to Mortgage News Daily.  Unfortunately, it's looking like we might be headed for October 2023's high at about 8% again!The current interest rates have put a damper on excitement for first-time buyers and people who need to move!Sellers are also impacted negatively by this and the numbers are beginning to show that the most active selling season, April -... 04/21/2024

On April 17, 2024, California Association of Realtors (C.A.R) reported homes values were higher 1.4% to the price of $801,000 in March of 2024 from price of $790,000 in February of 2024, and rose 9.0% from price of $735,000 in March of 2023 in Los Angeles Metro Area, California. While, home sales jumped 20.0% in March of 2024 from February of 2024, but fell 8.0% from in in March of 2023 in Los Angeles Metro Area, California.There were 2.7 months supplies of available inventory of homes in March of 2024, down from 3.2 months in February of 2024, but up from 2.3 months in March of 2023 in Los Angeles, Metro Area, California.An average it took 23.0 days to sell a home in March 2024, lower from 27.0 days in February of 2024, and dropped from 29.0 days in March of 2023 in Los Angeles Metro A... 04/20/2024

Transitioning from a family home to a new property can pose challenges for retirees, particularly when searching for a suitable alternative. In many areas, including the DC metro area, builders are primarily constructing four-level townhouses or luxury single family Craftsman homes, which may not be ideal due to the increased number of stairs. The limited availability of single-floor homes means that those few suitable options are quickly sold once they hit the market.Furthermore, new condos in this region often cater to a luxury lifestyle, reflecting the high cost of land. As a result, they may not align with the needs and budget of retirees seeking more practical and affordable living arrangements. An alternative for retirees in the DC area include communities like Leisure World in Si... 04/20/2024

What’s My Waterbury CT Home’s Value March 2024Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass mills they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 61 active residential listings for sale. The homes for sale in Waterbury CT range from an 1,024 square ft, 3-bedroom row-house listed at $119,900 to a 1,215 square ft, 2-bedroom  cape listed at $750,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706,... 04/20/2024

The inventory picture is improving and the results from Bright MLS’s most recent survey show that nearly two out of five listings were from a seller who was probably not turning around and buying another home. According to agents surveyed, 61.9% of homes sold in March were primary residences, suggesting a seller who might be in the market to buy. However, the other listings that were added to the inventory were not primary residences. For example, 14.3% of homes sold in March were rental properties. Another 13.5% were estate sales, or the sale of a property whose owner had passed away. Second homes, vacation homes, investment properties, builder sales, foreclosures, and short sales were also part of the inventory of sellers who probably were not buyers.   The Bright MLS survey also rev... 04/20/2024