This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
May 2024 Market Report Highlights Homevalues climbed month over month in all 50 of the nation’s largest metro areas in May. The smallest monthly appreciation was in Austin (0.2%), Tampa (0.3%), San Antonio (0.3%), Orlando (0.3%), and New Orleans (0.4%). Homevalues are down from year-ago levels in three major metro areas.
Script 3: Engage with expired listings Hi [Name], I saw your home is no longer on the market. Script 4: Market update for sellers Hi [Name], I’m hosting a free event on the latest market trends for sellers. Script 5: Neighborhoods in demand Hi [Name], there’s high demand for homes like yours in [Neighborhood].
Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.
metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in newlistings for each market. Table 1, below, reports the 10 hottest U.S. Bellingham, WA 51.7% -8.3%
Home equity is near record highs, and the general economy and financial markets are surprisingly strong. Homes are selling faster than they did before the pandemic. Homevalues have increased 2.6% Newlistings hitting the market from existing owners rose nearly 12% year over year. decline in Austin to an 8.1%
The lock-in effect is fueling a shortage of homes for sale; newlistings were at the lowest level in a year last month. Many are selling because a major life event like a job change or divorce has given them no other choice. Some homeowners are opting to bite the bullet and give up their low rate in order to move.
Additional services to level up your direct mail efforts include automated home valuations, customized QR codes for tracking, and full direct mail campaigns that include brochures and branded real estate letters for newlistings, open houses, FSBO marketing and more. each; letters: $1.18 each; brochures: $2.25
While refinancing could potentially yield savings if rates drop substantially, it’s important to remember that rising homevalues might counteract these benefits. Many sellers are hesitating to put their homes on the market, therefore, the number of newlistings is down year over year.
On the heels of the largest run up in homevalues in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in homevalues in history. Some markets were affected more than others.
You don’t have to be a scientist to realize the number of climate-related events has increased in frequency and intensity across the globe. Beyond the devastation of flooding, there are the life-changing events related to rising temperatures – drought and wildfires. . >> SmartAsset analyzed more than 300 of the largest U.S.
Despite an average single-family homevalue of about $1.36M, the HQ to Microsoft has seen its population grow 18% between 2017 and 2022. population growth over those five years and a homevalue today of $783.3K. The 802 newlistings last month were a low not seen since records were archived online from 1990.
Using home valuations and area median household income data, the report notes the average time required across the U.S. With a median household income of $106K and a typical homevalue of $703,600, Seattleites can expect to spend a “baker’s dozen” years to reach the 10% down payment threshold. years in Portland metro.
They wonder if they missed their opportunity to buy before interest rates rise along with homevalues. It’s a similar tale for single-family homes as a subset of the market. Newlistings are up 6.3% Prices are lower month-to-month for single-family homes – down 2.9% And that answer appears to be “yes.”
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content