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Kimberly Moore, Why Settle For Less When You Can Have Moore  (eXp Realty of California)

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Rainmaker
1,571,815
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

I woiuld assume areas with second homes would be rather slow on demand with rising interest rates.

Apr 27, 2023 02:49 PM
Ambassador
3,349,554
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

No resort communities in the markets I serve Kimberly Moore 

Apr 27, 2023 02:43 PM
Rainmaker
4,177,529
John Pusa
Glendale, CA

Hello Kimberly Moore it is interesting that inventory seems slow in South Lake Tahoe.

Apr 27, 2023 01:54 PM
Ambassador
4,718,358
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I have heard that Scottsdale is considered a resort market and it seems to be doing just fine, low on inventory of course.

Apr 28, 2023 04:38 AM
Rainmaker
808,379
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

They seem to be selling pretty darn good at our resort in Palm Springs. I would say roughly a week or so and the pending sign is up. 

Apr 27, 2023 05:43 PM
Rainmaker
1,748,664
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Sales are down due to low inventory, but prices are still way up.  Inventory is creeping up. 

Apr 27, 2023 04:35 PM
Rainmaker
5,240,047
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Clueless - but a scientific wild a$$ guess would be some local markets are slow and some are doing their thing. In some markets those with deep pockets can pay cash.

Apr 28, 2023 04:35 AM
Rainmaker
679,404
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Seems "every" type of market is dealing with slow inventory.  2023 is going to be an interesting year!  Hang on for the ride -- 2024 is coming!

Apr 27, 2023 07:20 PM
Rainmaker
716,032
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We have a brand new resort starting to take reservations this June.  I will be curious how these go - 67 homesites in the first phase.

Apr 27, 2023 05:07 PM
Rainmaker
1,206,636
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Sandestin Resort along the Gulf Coast currently has 369 active listings, 139 pending listings and 966 sold over the last year. 244 sold over the last 90- days.  These are single family homes and condo's.    I am scratching my head with these numbers.  

Apr 27, 2023 03:18 PM
Rainmaker
693,775
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Our PebbleCreek, AZ. area seems to be doing just fine with home selling quickly.

Apr 28, 2023 08:42 AM
Rainmaker
2,400,450
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

As they say "all Real Estate is local" Kimberly Moore . What is going on around the lake... things like new taxes, the condition of the lake with all the rain flowing into it right now???

Apr 28, 2023 08:29 AM
Rainmaker
5,877,915
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Denver isn't a resort town, but inventory is still very low.   My clients don't want to list, as the interest rates are too high to find a replacement home just now.

Apr 28, 2023 06:05 AM
Rainmaker
1,323,529
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The likelihood of substantial new development in the Lake Tahoe area is small. The old Will Rogers quote, "Buy  land. The ain't making any more of the stuff." is very applicable.

Apr 28, 2023 03:14 PM
Rainmaker
906,347
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

We're not a resort ares. Inventory is down and sales are down. However, what we have is selling pretty well. 

Apr 28, 2023 07:38 AM
Ambassador
6,418,949
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Life's unexpected changes affect resort home owners often as they get older and cannot continue to enjoy their vacation homes.

Make sure to contact these people and find out who is ready to sell.

Apr 28, 2023 03:04 AM
Rainmaker
1,056,663
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

It's Spring on the Beautiful Colorado River . . . also this week is Bike Week with 30k motorcycles buzzing about and 100 degrees (those things theoretically 'should' slow things down . . . but)

I spoke with an agent of mine yesterday, and she had put one listing up waiting for an offer, preparing another and showing property . . . this is our life at this time of year!

In July, not long after the Fourth . . . it will be 120 and humidity starting to rise . . . our season will begin to wind down and after Labor Day, only those who NEED to move will be moving . . . it's very seasonally predictable here!

 

Apr 28, 2023 06:52 AM
Ambassador
2,346,934
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Our gated communities are moving quickly 

Apr 28, 2023 10:56 AM
Rainmaker
4,961,547
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I hear that some resorts are picking up in our mountains now. 

Apr 28, 2023 10:23 AM
Rainmaker
2,784,726
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

sketchy third-party source says...its holding

Apr 28, 2023 09:34 AM
Ambassador
3,167,714
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I'm a vacation/second home/retirement community and we're slow/steady.  Lots of buyers, inventory is low.

Apr 29, 2023 02:14 PM