FREE Food and Fun!!
The Village of Indian Springs will hold their annual Taste of the Village Event this weekend!!
Come out and enjoy some tasty treats and enter to win some fun prizes.
Challenging Times in a Market Full of Contradictions
There is little doubt the luxury real estate market is facing some interesting challenges that even
have experts contradicting each other in their predictions and assumptions.
Statistics in many luxury markets still show that they are favorable to sellers – so why are homeowners
remaining hesitant to list their homes? For the fourth straight month, the number of new listings
entering the market has fallen, with increases in inventory levels mainly attributable to stale listings
lingering on.
Both sellers and buyers are sitting on the fence, with neither side wanting to jump into this
unconventional market unless presented with the right opportunity. The average days on market
have increased compared to last year, but relative to pre-pandemic averages, homes that have sold
recently are still selling twice as fast.
While it is contended that we are moving towards a buyer’s market, the current data for August 2022 shows that conditions in most luxury markets are still favorable to sellers –
of the 140 single-family markets showcased in our report, 106 remain seller markets.
The slower season of fall in Sacramento real estateRyan Lundquist
Here is an update with the Sacramento regional real estate market (Sac, Placer, Yolo, & El Dorado County). I included some graphs and commentary to help explain what the current market is doing and why it is doing it. Any thoughts? I'd love to hear your take. Originally posted on my blog at http://www.SacramentoAppraisalBlog.com
Luxury Markets in Demand
As demand returns, we review several markets in the U.S. and Canada that experienced significant growth in March. Much has been written recently about the popularity of lower priced luxury markets, especially in the Midwest, so we wondered, with the uptick in sales during March, if this trend was still holding true…or if another shift is occurring.
East Bay, California
Taking the number one spot is not a Midwest market, but East Bay in California, where the median luxury sold price averaged close to $1.5 million during the first quarter of 2023. Not only did this market see a huge increase in demand during the pandemic, but once again it is drawing buyers to
its highly diversified communities and seems set for a strong spring market.
Concierge Auctions Luxury Homes Market IndexChad Roffers
Detailed report that covers the top 40 luxury real estate markets in the United States. Detailed analysis of the top 10 transactions in respective markets showing the true days on market and sale to original list price.
the Luxury Market Report, your guide to luxury real estate market data and trends
for North America. Produced monthly by The Institute for Luxury Home Marketing, this report
provides an in-depth look at the top residential markets across the United States and Canada. Within the
individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and
sold properties designed to showcase current market status and recent trends. The national report illustrates
a compilation of the top North American markets to review overall standards and trends.
The Institute for Luxury Home Marketing report provides an in-depth look at the top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends. Questions addressed are whether if prices will fall and where are the most likely opportunities for luxury buyers exist. The art of selling and buying in this market needs a critical and analytical approach. Understanding the realities of setting expectations accordingly will ensure that goals are achieved.
**Contact Lynne MacFarlane, a member of the Institute of Luxury Home Marketing today to discuss your market home strategy and analysis.
LYNNE MACFARLANE, MCDM, SRS, SRES | Realtor Intero Los Altos & Carmel, CA
Prof Fiduciary Assoc of CA Silicon Valley affiliate member.
Call
831-346-2743 for an appt.
LMACFARLANE@INTERO.COM
www.LynneMacFarlane.com
Opportunity Knocks
The biggest impacts are more likely to be felt at the local market level and will depend on the current
demand profile of their buyers against ongoing supply. So, expect to hear some conflicting analysis
because all markets are not equal and results from a North American perspective could look very
different at the grassroots level.
While there will be much debate about how things will play out over the next year, like all markets,
there is always an opportunity for those who are ready. There are niches in every market: whether
moving to a location that affords a better cost of living, recognizing luxury pockets or property types
that are next in the demand cycle, or simply biding one’s time in anticipation of finding a property
that is below market value.
Regardless of an affluent buyer’s financial profile, there is still significant confidence in the luxury
real estate market and a belief in the stability of owning property. Even if some buyers previously
dropped out of the real estate game due to fatigue, frustration, or even hesitation during 2023, in
2024 they may be primed to return as inventory levels improve.
We highly recommend working with a luxury property specialist during this unconventional market
to ascertain what is truly happening in your local marketplace. The art of selling and buying in this
market needs a critical and analytical approach; understanding the realities and setting expectations
accordingly will ensure that goals are achieved.
FREE Food and Fun!!
The Village of Indian Springs will hold their annual Taste of the Village Event this weekend!!
Come out and enjoy some tasty treats and enter to win some fun prizes.
Challenging Times in a Market Full of Contradictions
There is little doubt the luxury real estate market is facing some interesting challenges that even
have experts contradicting each other in their predictions and assumptions.
Statistics in many luxury markets still show that they are favorable to sellers – so why are homeowners
remaining hesitant to list their homes? For the fourth straight month, the number of new listings
entering the market has fallen, with increases in inventory levels mainly attributable to stale listings
lingering on.
Both sellers and buyers are sitting on the fence, with neither side wanting to jump into this
unconventional market unless presented with the right opportunity. The average days on market
have increased compared to last year, but relative to pre-pandemic averages, homes that have sold
recently are still selling twice as fast.
While it is contended that we are moving towards a buyer’s market, the current data for August 2022 shows that conditions in most luxury markets are still favorable to sellers –
of the 140 single-family markets showcased in our report, 106 remain seller markets.
The slower season of fall in Sacramento real estateRyan Lundquist
Here is an update with the Sacramento regional real estate market (Sac, Placer, Yolo, & El Dorado County). I included some graphs and commentary to help explain what the current market is doing and why it is doing it. Any thoughts? I'd love to hear your take. Originally posted on my blog at http://www.SacramentoAppraisalBlog.com
Luxury Markets in Demand
As demand returns, we review several markets in the U.S. and Canada that experienced significant growth in March. Much has been written recently about the popularity of lower priced luxury markets, especially in the Midwest, so we wondered, with the uptick in sales during March, if this trend was still holding true…or if another shift is occurring.
East Bay, California
Taking the number one spot is not a Midwest market, but East Bay in California, where the median luxury sold price averaged close to $1.5 million during the first quarter of 2023. Not only did this market see a huge increase in demand during the pandemic, but once again it is drawing buyers to
its highly diversified communities and seems set for a strong spring market.
Concierge Auctions Luxury Homes Market IndexChad Roffers
Detailed report that covers the top 40 luxury real estate markets in the United States. Detailed analysis of the top 10 transactions in respective markets showing the true days on market and sale to original list price.
the Luxury Market Report, your guide to luxury real estate market data and trends
for North America. Produced monthly by The Institute for Luxury Home Marketing, this report
provides an in-depth look at the top residential markets across the United States and Canada. Within the
individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and
sold properties designed to showcase current market status and recent trends. The national report illustrates
a compilation of the top North American markets to review overall standards and trends.
The Institute for Luxury Home Marketing report provides an in-depth look at the top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends. Questions addressed are whether if prices will fall and where are the most likely opportunities for luxury buyers exist. The art of selling and buying in this market needs a critical and analytical approach. Understanding the realities of setting expectations accordingly will ensure that goals are achieved.
**Contact Lynne MacFarlane, a member of the Institute of Luxury Home Marketing today to discuss your market home strategy and analysis.
LYNNE MACFARLANE, MCDM, SRS, SRES | Realtor Intero Los Altos & Carmel, CA
Prof Fiduciary Assoc of CA Silicon Valley affiliate member.
Call
831-346-2743 for an appt.
LMACFARLANE@INTERO.COM
www.LynneMacFarlane.com
Opportunity Knocks
The biggest impacts are more likely to be felt at the local market level and will depend on the current
demand profile of their buyers against ongoing supply. So, expect to hear some conflicting analysis
because all markets are not equal and results from a North American perspective could look very
different at the grassroots level.
While there will be much debate about how things will play out over the next year, like all markets,
there is always an opportunity for those who are ready. There are niches in every market: whether
moving to a location that affords a better cost of living, recognizing luxury pockets or property types
that are next in the demand cycle, or simply biding one’s time in anticipation of finding a property
that is below market value.
Regardless of an affluent buyer’s financial profile, there is still significant confidence in the luxury
real estate market and a belief in the stability of owning property. Even if some buyers previously
dropped out of the real estate game due to fatigue, frustration, or even hesitation during 2023, in
2024 they may be primed to return as inventory levels improve.
We highly recommend working with a luxury property specialist during this unconventional market
to ascertain what is truly happening in your local marketplace. The art of selling and buying in this
market needs a critical and analytical approach; understanding the realities and setting expectations
accordingly will ensure that goals are achieved.
Things To Consider When Selling Your House - Fall 2023 EditionTom Blefko
If you are considering selling your house this Fall, this guide will inform you about the present market and add clarity to help you make good decisions about real estate.
Follow me on these social media platforms:
Facebook (business page): https://www.facebook.com/tomblefko
Facebook (personal page): https://www.facebook.com/tblefko/
Instagram: https://www.instagram.com/tomblefko/
LinkedIn: https://www.linkedin.com/in/tomblefko/
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Pinterest: https://www.pinterest.com/tomblefko/
Scribd: https://www.scribd.com/user/362240661/Tom-Blefko
Blog: https://www.simplifyingthemarket.com/en/?a=528530-9b5b4e733fbacb19bcf2cbbf397e277e
To obtain the highest possible sales price for your home, the marketing must reach the right buyers with the right message. We have the network and experience to do this.
Things to Consider When Selling Your House Fall 2023 - KM Realty, Chicago GuideTammy Jackson
Ready to put your property on the market? With KM Realty Group's "Seller Guide", we're taking the guesswork out of the process! This comprehensive resource is designed to help you understand current market trends and equip you with powerful marketing materials to share with clients or bring to pre-listing appointments.
Our "Seller Guide" highlights:
📈 A deep-dive into the current Chicago real estate market, analyzing trends and forecasts.
🏡 Expert advice on how to effectively showcase your property with staging tips, professional photography, and open house strategies.
📊 A personalized evaluation of your property based on its location, size, and unique features.
📝 All you need to know about listing your property, streamlining the paperwork, and closing the deal.
With KM Realty Group standing by your side, we'll simplify the journey for you from start to finish. So let our "Seller Guide" be the key to achieving your real estate goals with ease!
Don't wait any longer! Get your free "Seller Guide" now:✅https://kmrealtygroup.net/properties/
For more information, visit our website at ✅ https://kmrealtygroup.net/
November 2010 Real estate market watch is a monthly report provided by Todd Menard of the Menard & Rohn Real Estate Group. Todd Menard is the Founder of Partners in Housing
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Revenue Keys- Begur Village Survey-Sketchrevenuekeys
Find Land Survey Number View A Begur village Begur Hobli Bangalore The Revenue Department of Karnataka By The Survey Sketch Made Citizen Simple Easy to Find Survey Number,s
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
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3. “Supply and Demand" Home prices in real estate are a matter of supply and demand as with other industries. Greater supply = less demand = less valueLesser supply = more demand = greater value
4. “Supply andDemand“ Can be calculated for a city, area of town, zip code or even a neighborhood. SUPPLY: How many unsold listings are on the market(Active listings) VS. DEMAND: How great of a demand there is for them(The number being sold in a specified time frame.)
5. MONTHS OF INVENTORY(and Absorption Rates) Months of Inventory is the number of months it would take to sell the existing homes on the market based on the present rate of sales.
6. MONTHS OF INVENTORYGetting Started Calculating the figures: You need to know 2 numbers. 1) How many listings are currently on the market 2) How many listings sold in a certain time period (12 months, 6 months, etc)
7. MONTHS OF INVENTORYExample for 6 monthsTHE WOODLANDS (as of June 2011) Number sold in 6 months (962) /6 months = 160 2. Homes on market (1047)/Absorption rate (160) = 6.5Based on 6 months of sales, it would take an average of 6 months to sell the existing homes on the market in The Woodlands.
8. DEFINITION OF MARKETSA NORMAL MARKET6 months inventory Six months inventory indicates a balanced market. Less than 6 is a sellers market and more than 6 is a buyers market. Normal Market - In a normal market there is a 6 month supply of homes where the number of listings about equals the number of buyers.
9. DEFINITION OF MARKETSA SELLERS MARKET< 6 months inventory Seller's Market- In a seller's market there is less than 6 months supply of homes. This is in relation to “Supply and Demand”. Since there are fewer homes to choose from, sellers are more in control and buyers may have to be willing to pay top dollar to get the home that they want. In a seller’s market it is not uncommon to see multiple offers on a home.
10. DEFINITION OF MARKETSA BUYERS MARKET> 6 months inventory Buyer's Market- In a buyer's market there is more than 6 months supply of homes.Supply is great and buyers are more in control since there are so many more homes to choose from. It is not uncommon for sellers to offer incentives – such as contributing to the buyers closing cost – to attract buyers to their home.
11. MARKET TRENDS Home prices in real estate are a matter of supply and demand as with other industries. These numbers may change due to: (1) The time of year – consider summer sales vs winter sales (2) The economy – both local and global To assess sales trends, you can also calculate numbers over shorter six- and three-month periods.
12. TRENDING – Compare bytime periods Below is a TRENDING report for one are of Houston where the local economy has had a negative impact on housing prices. Months of Inventory based on:12 months of sales – 8.8 months 6 months of sales – 8.5 months 3 months of sales – 11 months
13. TRENDING – Compare bytime periods Here is another area of town where the local economy is more favorable. Months of Inventory based on:12 months of sales – 6.5 months 6 months of sales – 6.5 months 3 months of sales – 7.3 months
14. TRENDING – Compare byother variables Months of Inventory can also be calculated with other variables: 1. Price ranges2. One story vs two story3. Features such as golf course lot, or pool
15. Call or email Theresa Wagaman 936-524-4901 or theresawag1@gmail.com, if you would like to know the Months of Inventory for The Woodlands, TX.