Real Estate Market Trends

Recessions Are Friendly To Real EstateGood for real estate and great for buyers (and then by default sellers too)!People are talking about a potential recession in this country and while I can’t tell you when, or even if a recession will take place, (it may have already begun), many experts are calling for a short, mild recession by the end of the year.You’ll be surprised to know that it may mean good things for real estate !Did you know rates fell in each of the last six recession in this country?That means historically in a recession rates have come down!But, that also means timing is essential, for when the general public decides it's "safe" to buy, they bidding wars and price increases will explode like 2021. Here's a little secret: buy smart, not safe.If the higher mortgage rates o... 05/28/2023

Latest news on the Huntersville, NC real estate market in April 2023... What it means for you... What you need to know... Huntersville housing market showed considerable strength in April 2023. Key take-aways include: Record high median and average home sale prices. Days on market dropped to 23 days in April, down 41+% month-over-month.  Huntersville housing inventory was at its lowest level since March 2022. New listings were down from March 2023 and year-over-year. Lack of inventory and new listing were a factor in lower closed sales month-over-month and year-over-year. List to sale price ratio of 99.68% left little room for buyers to negotiate on price.  Huntersville Housing Market Highlights: April 2023HOME SALE PRICES REACH NEW HIGHS IN APRIL 2023Average sale price in April 2023 wa... 05/28/2023

Charlotte NC STONECROFT Market Report MAY 2023The area's most elite custom builders came together and created an exclusive, luxury South Charlotte neighborhood, preserving age-old trees and developing stunning streetscapes. A complimentary mixture of architecture within the 120 elegant estate homes in Stonecroft, overlooking Carmel Country Club, draws one into this wonderful community.Located in SouthPark, just minutes from Uptown and Charlotte Douglas International Airport, Stonecroft homeowners have fingertip access to everything that Charlotte has to offer. From the finest dining to cultural arts, professional sporting arenas to upscale shopping and schools to churches of all denominations, Stonecroft residents have ready-access!Property in Stonecroft will always be desirable and as ... 05/27/2023

Charlotte Metro Regional Market Report MAY 2023 (Final APR 2023 Data)Exploring the Bright Side of April 2023 Sales in the Charlotte Region Let's dive into the exciting details of April 2023 sales throughout the dynamic Charlotte region, using data from  Canopy MLS. While we acknowledge there are some challenges, there are certainly plenty of positive trends worth highlighting: Homebuyers are Finding Opportunities: Although overall sales saw a decline in April, we noticed remarkable year-over-year sales gains in Stanly County (+30.1%) and Anson County (+90%). These impressive figures demonstrate that buyers are open to trading a longer commute for more affordable housing options. In fact, both counties offer a range of homes priced around $200,000, which is quite appealing to our Mecklen... 05/27/2023

On May 18, 2023, California Association of Realtors (C.A.R) reported homes values were increased 0.5% to the price of $615,000 in April of 2023 from price of $612,000 in March of 2023, but declined 2.4% from price of $630,000 in April of 2022 in Riverside County, California While, homes sales dropped 6.6% in April of 2023 from March of 2023, and fell 35.5% from April of 2022 in Riverside County, California.There were 2.7 months supplies of available inventory of homes in April of 2023, up from 2.6 months in March of 2023, and higher from 1.7 months in April of 2022 in Riverside County, California.An average it took 32.0 days to sell a home in April 2023, down from 38.0 days in March of 2023, but jumped from 16.0 days in April of 2022 in Riverside County, California.For complete more det... 05/27/2023

 You can click here at Greenfield Wisconsin Real Estate  to search for your next home. The following information is from the MLS and is for the period of 03/27/2023 to 04/27/2023. See you at closing!In the Greenfield Wisconsin Real Estate market 42 homes sold; 2 were list and sold by the same company, and 40 were sold by co-brokes.In the Greenfield Wisconsin real estate market there were 37 listings.In the Greenfield Wisconsin real estate market there were 11 pending listings.In the Greenfield Wisconsin real estate market there were 1 withdrawn listings.In the Greenfield Wisconsin real estate market there were 0 canceled listings.In the Greenfield Wisconsin Real Estate market there were 5 expired listings.In the Greenfield Wisconsin real estate market there were 4 back on market listing... 05/27/2023

Latest news on the Indian Land real estate market in April 2023... What you need to know...What it means for you...   Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in April 2023 include: Indian Land closed sales declined 10% in April after a 41.7% increase in sales the prior month. Home prices increased year-over-year, but were down slightly month-over-month. New listings increased month-over-month, but were still lower than in April one year ago. Days on market declined almost 52% from March 2023. Average days on market in April were just 25 days. List to sale price ratio increased in April to 99.19% compared with March 2023 and equal to April 2022.  Indian Land home buyers are not seeing a lot of room to negotiate on price... 05/27/2023

Owning a Home Helps Protect Against InflationYou’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense to buy a home today. The short answer is – it does. Here’s why. Homeownership actually shields you from the rising costs inflation brings.Freddie Mac explains how:  “Not only will buying today help you begin to build equity, a fixed-rate mortgage can stabilize your monthly housing costs for the long-term even while other life expenses continue to rise – as has been the case the past few years.” Unlike rents, which tend ... 05/27/2023

On May 18, 2023, California Association of Realtors (C.A.R) reported homes values were increased 4.3% to the price of $885,500 in April of 2023 from price of $849,000 in March of 2023, but declined 7.3% from price of $955,000 in April of 2022 in Ventura County, California While, homes sales dropped 4.7% in April of 2023 from March of 2023, and fell 37.4% from April of 2022 in Ventura County, California.There were 2.2 months supplies of available inventory of homes in April of 2023, up from 2.0 months in March of 2023, and higher from 1.8 months in April of 2022 in Ventura County, California.An average it took 28.0 days to sell a home in April 2023, down from 31.0 days in March of 2023, but jumped from 20.0 days in April of 2022 in Ventura County, California.For complete more detailed in... 05/26/2023

The Leasing Team at Foundation Rentals and Relocation just LEASED another property in San Rafael for $6,750. Thanks to everyone for a great transaction. For any questions about San Rafael property management or buying or selling investment properties in San Rafael, call Broker Christopher Barrow at (415) 637-8934! 05/26/2023

 WISCONSIN FORESTLAND SOLD REPORT MAY 2023 Washburn County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $43,375 21.15 $2,051 6272623 Sold Minong Washburn $50,000 21.86 $2,287 1563852 Sold Beaver Brook Washburn $75,000 31.78 $2,360 1568669 Sold Bashaw Washburn $85,000 68.81 $1,235 1560143 Sold Stinnett Washburn $85,000 20 $4,250 1569534 Sold Beaver Brook Washburn $90,000 50.4 $1,786 1567734 Sold Trego Washburn $93,000 29.14 $3,191 6233493 Sold Birchwood Washburn $100,000 40 $2,500 1562762 Sold Bass Lake Washburn $110,000 22 $5,000 1571063 Sold Springbrook Washburn $115,000 40 $2,875 1563089 Sold Springbrook Washburn $125,000 38.4 $3,255 1565054 Sold Trego Washburn $148,0... 05/31/2023

 WISCONSIN FORESTLAND SOLD REPORT MAY 2023 Douglas County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $34,000 20 $1,700 6105880 Sold Oakland Douglas $38,000 21.89 $1,736 6101265 Sold Parkland Douglas $40,000 29.6 $1,351 6103037 Sold Amnicon Douglas $48,500 40 $1,213 6273410 Sold Dairyland Douglas $48,500 40 $1,213 1569543 Sold Dairyland Douglas $58,500 40 $1,463 1550285 Sold Bennett Douglas $60,000 40 $1,500 1564331 Sold Bennett Douglas $61,900 40 $1,548 1569770 Sold Summit Douglas $61,900 40 $1,548 6106153 Sold Summit Douglas $65,000 40 $1,625 1568138 Sold Lakeside Douglas $65,000 40 $1,625 6253503 Sold Lakeside Douglas $65,000 40 $1,625 6105211 Sold Poplar Douglas $6... 05/30/2023

 WISCONSIN FORESTLAND SOLD REPORT MAY 2023 Burnett County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $70,000 40 $1,750 6186737 Sold Webster Burnett $70,000 40 $1,750 1563564 Sold Meenon Burnett $75,000 20 $3,750 1567205 Sold Siren Burnett $75,000 20 $3,750 6241614 Sold Siren Burnett $75,000 20 $3,750 1566288 Sold Daniels Burnett $75,000 20 $3,750 6229228 Sold Webster Burnett $80,000 40 $2,000 1571287 Sold Grantsburg Burnett $80,000 40 $2,000 6335666 Sold Grantsburg Burnett $85,000 20.2 $4,208 1565101 Sold West Marshland Burnett $85,000 20.2 $4,208 6213985 Sold Grantsburg Burnett $90,000 20 $4,500 6218262 Sold Siren Burnett $105,000 20 $5,250 6199532 Sold Barronett Bur... 05/29/2023

 WISCONSIN FORESTLAND SOLD REPORT MAY 2023 Bayfield County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $37,000 20 $1,850 6105237 Sold Sanborn Bayfield $44,550 33.17 $1,343 6103416 Sold Orienta Bayfield $50,000 27.5 $1,818 6105192 Sold Bayfield Bayfield $52,000 37.95 $1,370 1562687 Sold Cable Bayfield $53,000 35 $1,514 6105961 Sold Mason Bayfield $55,000 28 $1,964 6104941 Sold Orienta Bayfield $60,000 48 $1,250 6105033 Sold Washburn Bayfield $60,000 39 $1,538 1564875 Sold Barnes Bayfield $60,000 40 $1,500 6103479 Sold Iron River Bayfield $65,000 40 $1,625 6103203 Sold Washburn Bayfield $71,000 40 $1,775 6104564 Sold Hughes Bayfield $74,000 40 $1,850 6101793 Sold Orienta... 05/29/2023

 WISCONSIN FORESTLAND SOLD REPORT MAY 2023 Lincoln County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $18,000 40 $450 22203879 Sold Harding Lincoln $21,200 20 $1,060 22203969 Sold Rock Falls Lincoln $40,000 160 $250 22203620 Sold Bradley Lincoln $50,000 21.18 $2,361 22200395 Sold Corning Lincoln $50,000 40 $1,250 22202394 Sold Corning Lincoln $50,500 120 $421 22106549 Sold Corning Lincoln $70,000 20 $3,500 22202351 Sold Russell Lincoln $71,000 20.1 $3,532 22204360 Sold Schley Lincoln $77,700 40 $1,943 22203949 Sold Russell Lincoln $80,000 39 $2,051 22230089 Sold Merrill Lincoln $80,000 80 $1,000 22200627 Sold Schley Lincoln $80,000 40 $2,000 22204183 Sold Harding Linco... 05/27/2023

 WISCONSIN FORESTLAND SOLD REPORT MAY 2023 Iron County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $8,000 20 $400 6097771 Sold Saxon Iron $255,000 194.47 $1,311 1569188 Sold Knight Iron      $        856 Median Price / Acre       $263,000            214  $    1,226 Average Price / Acre        For more information on any of these properties, or to see how your property compares to these, call us or send an email with the mls number and your contact info to Bob@ForestlandWMS.com  or WoodlandTeamWI@gmail.com .🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🦌🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲Current Listings for Iron County Wisconsin🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🦌🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲  🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲 Iron County, Wisconsin; Deep Wilderness, Beautiful Lake... 05/27/2023

 The neighborhood of Copperleaf is located in Southeast Aurora South off Quincy between Picadilly Street and Copperleaf Blvd in Aurora CO  80015.    Richmond Homes began building homes back in 2005 and Lennar, DR Horton, and KB Homes all have homes built in this neighborhood.   There are now not only single-family homes but townhomes also.    The neighborhood of Copperleaf offers a relaxing lifestyle with unique parks, trails, and open spaces.   The Arboretum is located on four full acres and offers, a lap pool, a splash garden for the younger kids, Overlook Terrace for a shaded area, Pool House equipped with changing rooms, showers, and a first aid station.    The clubhouse features an indoor/outdoor fireplace and a lavish entertaining area for birthdays, anniversaries, or special even... 05/30/2023

 Stroh Ranch is a highly desirable community in South Parker 80134.     This community is located West of Parker Road (Highway 83) between Hess Road and Stroh.    You will find single-family homes, condos, and townhomes.   Many of the homes in Anthology (to the West of this community) have this legal description and will show up in searches.  You will know they are in Anthology, as they were all built in the 2000s.  There are currently 1,292 homes in Stroh Ranch.   If you commute to downtown Denver, your commute will be 30-45 minutes depending on traffic and weather.   Snow will increase this drive time.   However, if you catch the light rail at I-25 and Lincoln, this commute will be shorter and less stressful.   There are two hospitals within close proximity of Stroh Ranch - Sky Ridge ... 05/27/2023

Englewood, CO Fri May 26 2023This week the median list price for Englewood, CO is $722,000 with the market action index hovering around 61. This is less than last month's market action index of 66. Inventory has increased to 42.  Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone. Real-Time Market Profile Never miss important changes in the Englewood market. Median List Price $722,000 Median Price of New Listings $750,000 Per Square Foot $357 Average Days on Market 53 Median Days on Market 25 Price Decreased 40% ... 05/26/2023

Closings in Brentwood have slowed significantly due to the much higher interest rates but prices have not been impacted as much as some would think with the average price per square foot almost the same as April of 2022. 45 Brentwood TN homes sold during the month of April 2023 compared to 57 for the same month last year and 90 in April of 2021 106 homes are currently under contract waiting to close 139 Brentwood homes are listed in the Nashville MLS as available for purchase. the median size of homes sold in April was 3948 square feet The median price per square foot of homes sold was $336 compared to $334 for the same period last year the median days on market for homes sold was 4 days the list price to sales price ratio for homes sold in April was 98% Search for Brentwood TN homes fo... 05/26/2023