Real Estate Market Trends

 Chapparal and Chenango are two communities that feature homes on acreage where you can have some room to roam!   You will find one to three-acre parcels with homes built from 1978 to 2008 and you will find ranches, two stories, and a few tri-level homes ranging from 2,040 square feet to 10,440 total finished square feet.   Most homes have finished basements, and many have done extensive remodeling.  You will find quite a few outbuildings to include additional car storage with as many as 9 spaces for vehicles or toys. School-aged children will attend highly acclaimed Cherry Creek Schools.   Finding acreage this close in is rare, as this location is within minutes to Aurora and Parker, many retail shops and dining nearby, Cherry Creek Reservoir, and has easy access to Parker Road, E-470,... 03/28/2023

Here's a round up of Anne Arundel County real estate for the month of February 2023.  Active listings are about half of the 5 years average and new pending sales are down about the same amount.  Closed sales remain on track with the 5 year average as available inventory is being gobbled up by buyer's who have adjusted to the interest rate increases that put us more in line with a "normal" market.The key takeaway here is that, with real estate inventory at less than a 1 month's supply, sellers are still strongly in command of the market.  That being said, we are seeing some seller closing costs allowances and a bit more flexible terms based on the perceived downturn in the market.        Here's a good comparison of the last twelve months.  And here's a great summary of the overall market... 03/28/2023

Home Prices Trend Down – At LastAfter years of relentless increases, the median price of homes inched downward in February, thanks to the combined efforts of the Federal Reserve and cautious home buyers. This is the first drop in year-to-year home prices since February, 2012, when the market finally began shaking off the effects of the 2008 home market meltdown.While mortgage rates have dipped slightly from last fall’s high, the Fed’s decision last month to raise the benchmark interest rate by a quarter of a percentage point – its 8th rate increase since last March – has slowed down the overall economy and given potential buyers reason to hold off on big financial commitments. Analysts predict the cooling off of home prices will eventually restore balance to what has long been a seller’... 03/28/2023

On March 16, 2023, California Association of Realtors (C.A.R) reported the home values lower 1.2% to the price of $805,000 in February of 2023 from price of $815,000 in January of 2023, and fell 9.3% from price of $887,500 in February of 2022 in Ventura County, California. While, home sales jumped 11.1% in February of 2023 from January of 2023, but dropped 32.6% from in in February of 2022 in Ventura County, California.There were 3.3 months supplies of available inventory of homes in February of 2023, declined from 3.5 months in January of 2023, but rose from 2.3 months in February of 2022 in Ventura County, California.An average it took 34.5 days to sell home in February 2023, down from 39.0 days in January of 2023, but increased from 20.0 days in February of 2022 in Ventura County, Ca... 03/27/2023

Southern Highlands Real Estate Market Report February 2023 brings the latest market information for real estate in the Southern Highlands community. Southern Highlands is regarded as one of the finest areas in the Las Vegas community. The real estate in Southern Highlands has been quite active in February 2023 as is seen in this report.First the disappointing news: 32 houses closed escrow at an average price down 28% from January.  Now the good news: houses going into escrow had an average list price 4% higher than January. 03/28/2023

03/27/2023

The luxury home market has not been paying attention to the news, it's as if high-end homes don't know the market is supposed to be broken. This quarterly report examines seven essential graphs that tell the story of the luxury home market. Do The Wealthy Have Housing Market Concerns?< 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, and Real Estate Marketing Tips, and answers to your frequently asked questions.📘 Get the DIGITAL MARKETING BOOK written by an active Realtor, for all Realtors! 03/27/2023

 MARCH 2023 WISCONSIN FORESTLAND SOLD REPORT Florence County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $40,000 40 $1,000 1775053 Sold Long Lake Florence $80,000 29 $2,759 1787970 Sold Tipler Florence $110,000 40 $2,750 50258333 Sold Fence Florence      $    2,750 Median Price / Acre       $230,000            109  $    2,110 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 Florence County🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🦌🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲  Florence County Wisco... 03/28/2023

 MARCH 2023 WISCONSIN FORESTLAND SOLD REPORT Forest County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $40,000 20 $2,000 1746083 Sold Nashville Forest $64,000 40 $1,600 50249054 Sold Popple River Forest $91,000 29.37 $3,098 50269497 Sold Nashville Forest $150,000 35 $4,286 50246926 Sold Nashville Forest $230,000 75 $3,067 50258854 Sold Wabeno Forest      $    3,067 Median Price / Acre       $575,000            199  $    2,884 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 .🌲... 03/27/2023

Last week in Mount Airy, Md.  21771 Detached HomesLast week ending Mar 27, 2023, 5 existing detached homes in Mount Airy, Md. were added to the market, 7 went under contract, 1 completed the sales process, and 5 are listed as coming soon. This brings the count to 14 on the market for sale, 28 under contract and 20 completing the sales process in the last 30 days. Those on the market for sale range in list price from $50,000 to $1,499,999. Those under contract were last listed from $392,700 to $919,000.  Those that have completed the sales process in the last 30 days have sold for between $375,000 and $715,000.  This data covers all configurations bedroom configurations.  Check other posts here more detail.If you have any questions about this report or wanting to discuss the possibility ... 03/27/2023

 Gloucester Township NJ Real Estate Stats for Dates 3/20/2023 - 3/26/2023  In the past week in Gloucester Twp NJ, 5 homes settled while 7 homes went pending, additionally, 5 new homes hit the market as active with an average list price of $400,560 certainly indicating that sellers are confident in the market and are willing to list their homes at higher prices. Last year within these dates, 8 homes settled with an average sales price of $265,488 and a volume of $2,123,,900. Although last year's numbers are better, this isn't a reason to be overly concerned as sales data varies. There are still many more buyers out there looking for good Gloucester Township NJ homes to purchase. There's just not enough inventory.  Sellers are still getting good equity from their houses, with an average i... 03/27/2023

Have You Thought About Why You Might Want To Sell Your House?       03/27/2023

Lee County February Housing Market ReportThe February housing market report for Lee County showed 1,474 properties sold for just over $790 Million during the month. Lee County includes Bonita Springs, Cape Coral, Captiva, Estero, Fort Myers, Fort Myers Beach, Miromar Lakes, Sanibel, and surrounding areas.The luxury market remained active with 113 properties sold at or above $1 Million, up from 110 luxury sales during January. The highest price sale was a single-family home on Sanibel Island for $7.25 million.Seventy percent of the top 10 highest-priced homes sold in Lee County were luxury golf homes priced between $3,425,000 and $6,750,000. Golf communities represented were Bonita Bay, Quail Quest, Mediterra, and Miromar Lakes. On average, homebuyers paid 96% of the list price for the t... 03/27/2023

Happy Monday everyone! As one of the fastest-growing areas in the United States, the Upstate of South Carolina is an exciting place to be right now. With its many cities and towns, there is something for everyone in the Upstate. And, with the recent population growth, the Upstate is sure to see even more growth in the coming years.If you're thinking of buying a home in the Upstate, it's important to know about the latest housing trends. Here are the top 5 Upstate South Carolina housing trends you need to know:1. The Greenville "Golden Strip"2. The Simpsonville Boom3. Anderson's Growing Family Scene4. Spartanburg's Inventory Problem5. The New wave of Millenials 1. The Greenville "Golden Strip": Located in the southern part of Greenville County, the "Golden Strip" includes the cities of M... 03/27/2023

    If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. Click Here to Continue Reading Hot Homes In Pensacola!     What Is My Homes Value Thinking of SELLING, YOU PAY US $2995. Flat Fee and 2.5% for the agent or agents selling your home, not the average 6 or 7% charged by others, saving the average homeowner $12077.00. We use a 106 Step Selling System with 28 that are specific to the marketing of your home. If you’re ready to sell your home, you need a marketing expert you need Charles Stallions with over 28 years of experience who will advise you and guide you through the hundreds of things that come up a... 03/27/2023

CHARLOTTE REGION FEBRUARY 2023 REAL ESTATE REPORTWHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... February 2023 home sales were down year-over-year for a 14th consecutive month. Pending sales were also down year-over-year for a 14th consecutive month. Sales are happening, but not at the volume we experienced in 2021 and the first half of 2022. Higher home prices coupled with increasing interest rates have impacted affordability and continue to cool buyer demand.  Sales are still occurring... just not at the pace of the last couple of years. Furthermore, the fact that we also see fewer new listings coming on the market indicates Charlotte region will continue to experience inventory challenges, which impact home price appreciation. Home buyers are frustrated by higher rates, rising home ... 03/28/2023

Ballantyne – Blakeney Neighborhood Market Update MAR 2023– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell Glen continue to show an incredibly strong market. Average sales prices remain some of the strongest in the area. Days on the market are just 6 days and there are currently no homes in Mitchell Glen that are actively being marketed - no active or coming soon listings. There is currently one home in Escrow at the moment. The days on the market were 11.Here is the Ballantyne – Blakeney Neighborhood Market Report from FEB, 2023 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($553,000)  Mitchell Glen's Average Da... 03/26/2023

Here is the most recent Scottsdale AZ Real Estate Housing Market Report for February 2023:  The average sales price of Scottsdale homes saw a significant increase this month, going from $1,257,035 in January, to $1,451,930 in February. This is the highest average sales price month since Scottsdale reached the all-time high of $1,499,763 in June of 2022.After decreasing or remaining the same for 3 straight months, the average price of Scottsdale homes per square foot has increased, going from $431/sf last month to $446/sf for February. The average sold price per square foot in Scottsdale has only increased in 2 out of the last 9 months. Scottsdale days on market has decreased last month, but increased again in February, going from 75 DOM in January to 77 DOM this month. This is the highe... 03/26/2023

Manufactured Homes As "ADUs"   "Manufactured Homes have been around for decades, and have evolved with the times. They are banned in some jurisdictions from being an ADU due to legacy zoning codes. But, where they are allowed to be built and installed as ADUs, they offer an affordable and streamlined way to add one to a property. All of California allows for HUD manufactured homes as ADUs. Many if not most are jumping on board as well.""Join us to hear from one of the top teams in building manufactured homes as ADUs, Crest Backyard Homes based in the San Diego region, as they provide an overview of how this building type can meet the needs of homeowners looking for a relatively affordable, quick, prefab ADU option."  "You will learn about the financing, appraisals, construction, and de... 03/26/2023

Latta Pavilion (DILWORTH) Market Report - MAR 2023 Latta Pavilion, located at 1320 Fillmore Avenue, right in the heart of Dilworth. Latta Pavilion is nestled just off of East Boulevard, between Scott Avenue & Kenilworth Avenue.  Wonderful luxury condos range in square feet from 700 to 2,200, boasting spacious bedrooms with large walk-in closets, great storage space and great space for entertainment.  The kitchens feature upgraded cabinetry and granite countertops, maple hardwoods and high-profile lighting. Latta Pavilion offers secure, underground parking with plenty of parking for guests. Relax in the center courtyard with patios and lush landscaping. Stay in for the evening and enjoy the rooftop lounge or step out of your private retreat and into everything Dilworth! Looking for a won... 03/25/2023